8/21/2025, 7:23:02 AM | www.defenseworld.net | news
Resona Asset Management Co. Ltd. Lowers Position in Lamb Weston $LW
Resona Asset Management Co. Ltd. has reduced its holdings in Lamb Weston (NYSE:LW), amid a broader landscape of analyst price targets and earnings reports. Lamb Weston reported stronger-than-expected quarterly earnings of $0.87 EPS, exceeding consensus estimates of $0.64, with revenue of $1.68 billion and a 4.0% year-over-year increase. The company maintains a market capitalization of $7.68 billion, a P/E ratio of 21.95, and a dividend yield of 2.7% with an annualized dividend of $1.48. Analysts have issued varied price targets and ratings, with Wells Fargo and Barclays raising their targets to $66.00 and $68.00 respectively, while Bank of America lowered its target to $56.00. Institutional investors including Mariner LLC, Jump Financial LLC, Marshall Wace LLP, Canada Pension Plan Investment Board, and First Trust Advisors LP adjusted their positions in the fourth quarter. The company operates globally in frozen potato products through Global, Foodservice, Retail, and Other segments.