Weiss Asset Management LP Takes $8.99 Million Position in Lands’ End, Inc. $LE

Weiss Asset Management LP acquired a new position in shares of Lands’ End, Inc. (NASDAQ:LE) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 799,836 shares of the company’s stock, valued at approximately $8,990,000.

Several other large investors have also added to or reduced their stakes in LE. Integrated Wealth Concepts LLC bought a new stake in shares of Lands’ End during the first quarter valued at about $104,000. Empowered Funds LLC boosted its position in shares of Lands’ End by 8.6% in the first quarter. Empowered Funds LLC now owns 70,257 shares of the company’s stock valued at $715,000 after acquiring an additional 5,543 shares during the period. Jane Street Group LLC grew its stake in Lands’ End by 45.7% during the first quarter. Jane Street Group LLC now owns 26,229 shares of the company’s stock valued at $267,000 after acquiring an additional 8,231 shares in the last quarter. Hsbc Holdings PLC grew its stake in Lands’ End by 6.7% during the second quarter. Hsbc Holdings PLC now owns 32,310 shares of the company’s stock valued at $350,000 after acquiring an additional 2,032 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its stake in Lands’ End by 7.9% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 275,447 shares of the company’s stock worth $2,950,000 after purchasing an additional 20,150 shares in the last quarter. Institutional investors own 37.46% of the company’s stock.

Lands’ End Price Performance

LE stock opened at $11.75 on Friday. The firm has a 50 day simple moving average of $11.60 and a two-hundred day simple moving average of $13.40. The stock has a market cap of $361.19 million, a PE ratio of 1.07 and a beta of 2.31. Lands’ End, Inc. has a one year low of $9.56 and a one year high of $20.04. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.58 and a quick ratio of 0.37.

Lands’ End (NASDAQ:LE) last posted its quarterly earnings data on Tuesday, June 9th. The company reported ($0.11) earnings per share for the quarter, beating the consensus estimate of ($0.21) by $0.10. Lands’ End had a net margin of 26.24% and a return on equity of 8.22%. The firm had revenue of $238.92 million for the quarter, compared to analysts’ expectations of $268.68 million. During the same quarter last year, the company posted ($0.27) EPS. Lands’ End has set its FY 2026 guidance at 0.320-0.650 EPS and its Q2 2026 guidance at 0.060-0.160 EPS. On average, analysts predict that Lands’ End, Inc. will post 0.49 EPS for the current fiscal year.

Lands’ End announced that its Board of Directors has initiated a stock buyback program on Wednesday, April 1st that permits the company to buyback $100.00 million in shares. This buyback authorization permits the company to reacquire up to 28.9% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on LE shares. Noble Financial began coverage on shares of Lands’ End in a research report on Thursday, June 18th. They set an “outperform” rating and a $20.00 price target for the company. Weiss Ratings upgraded Lands’ End from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, June 11th. Finally, Wall Street Zen cut Lands’ End from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $20.00.

Lands’ End Profile

Lands’ End, Inc (NASDAQ: LE) is an American retailer specializing in casual apparel, accessories and home goods. Headquartered in Dodgeville, Wisconsin, the company sells its products through a combination of direct-to-consumer channels including e-commerce, catalogues and a network of outlet stores. Lands’ End is known for its nautical-inspired designs, functional outerwear and commitment to quality fabrics.

Founded in 1963 by Gary Comer as a mail-order sailing supply business, Lands’ End rapidly expanded its product offering beyond marine gear.