8/19/2025, 4:37:23 PM | www.marketbeat.com | news

Russell Investments Group Ltd. Grows Stock Position in Lamb Weston $LW

Russell Investments Group Ltd. increased its stake in Lamb Weston by 48.2%, now holding 247,698 shares valued at $13.2 million, representing 0.18% of the company's equity. Multiple hedge funds have also expanded their positions, including Citigroup Inc., which boosted its stake by 324.4% to 1,126,982 shares valued at $60.068 million, and JANA Partners Management LP, which increased its position by 22.3% to 7,131,339 shares valued at $476.587 million. Capital Research Global Investors acquired a new position worth $423.27 million, and Invesco Ltd. boosted its stake by 25.7% to $216.18 million. Freestone Grove Partners LP acquired a new stake valued at $42.752 million. Hedge funds and institutional investors collectively own 89.56% of Lamb Weston's stock. The company reported earnings per share of $0.87, exceeding expectations of $0.64, and announced a $0.37 dividend with an annualized yield of 2.7% and a payout ratio of 58.96%. Revenue reached $1.68 billion, up 4.0% year-over-year, with a return on equity of 27.99% and net margin of 5.54%. Analyst ratings have shifted, with Bank of America lowering its target to $56.00 and rating 'neutral', Wells Fargo raising it to $66.00 with 'overweight', Stifel setting $56.00 with 'hold', and Barclays raising it to $68.00 with 'overweight'. The consensus rating is 'Hold' with an average price target of $67.40. Lamb Weston has a market cap of $7.55 billion, a PE ratio of 21.58, and a beta of 0.49.