12/5/2025, 12:00:00 AM | www.marketbeat.com | news

    Citigroup Inc. Grows Position in Lamb Weston (NYSE:LW)

    Citigroup Inc. significantly increased its stake in Lamb Weston by 324.4%, acquiring over 861,000 shares and now holding approximately 1.1 million shares valued at $60 million. Other institutional investors such as Capital Research Global Investors, JANA Partners, Continental Grain Co., Freestone Grove Partners LP, and Price T Rowe Associates Inc. MD also made notable moves in the company's shares. Institutional investors collectively own 89.56% of Lamb Weston's stock. The company reported strong quarterly earnings, exceeding estimates with $0.87 earnings per share, $1.68 billion in revenue, and a 4.0% year-over-year growth. Lamb Weston's market cap is $7.38 billion, with a P/E ratio of 21.10 and a dividend yield of 2.8%. Analysts have mixed views, with some upgrading to 'overweight' and others maintaining 'hold' ratings. The company announced a quarterly dividend of $0.37 per share, payable on August 29th.

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