Ethic Inc. reduced its stake in Lamb Weston (LW) by 29.5% during the first quarter, now holding 25,791 shares valued at approximately $1.375 million. The fund sold 10,811 shares during the quarter. Various institutional investors have also adjusted their stakes in Lamb Weston. Citigroup Inc. boosted its investment by 324.4% in the first quarter, now owning 1,126,982 shares valued at $60,068,000. JANA Partners Management LP increased its stake by 22.3% in the fourth quarter, now holding 7,131,339 shares valued at $476,587,000. Invesco Ltd. increased its stake by 25.7% in the first quarter, now owning 4,055,902 shares valued at $216,180,000. Freestone Grove Partners LP purchased a new stake valued at approximately $42,752,000 during the fourth quarter. Price T Rowe Associates Inc. MD lifted its stake by 20.0% during the fourth quarter, now owning 3,016,944 shares valued at $201,624,000. Overall, 89.56% of Lamb Weston's stock is currently owned by hedge funds and other institutional investors.\n\nLamb Weston announced a quarterly dividend of $0.37 per share, which translates to an annualized dividend of $1.48 and a dividend yield of 2.7%. The payout ratio is 58.96%. The ex-dividend date is Friday, August 1st, with the dividend paid on Friday, August 29th.\n\nThe company reported earnings on July 23rd, posting $0.87 earnings per share, exceeding analysts' consensus estimate of $0.64 by $0.23. Revenue reached $1.68 billion, surpassing the $1.59 billion estimate. The firm achieved a net margin of 5.54% and a return on equity of 27.99%. Revenue was up 4.0% year-over-year. Analysts expect 3.1 earnings per share for the current fiscal year.\n\nLamb Weston's stock performance shows it opened at $54.31 on Tuesday. The 50-day simple moving average is $53.59, and the 200-day simple moving average is $53.73. The company has a current ratio of 1.38, a quick ratio of 0.68, and a debt-to-equity ratio of 2.12. Its market capitalization is $7.57 billion, with a P/E ratio of 21.64, a price-to-earnings-growth ratio of 2.15, and a beta of 0.49. The 1-year low is $47.87, and the 1-year high is $83.98.\n\nAnalyst ratings on Lamb Weston have seen changes: Wells Fargo & Company upgraded the stock to an 'overweight' rating and raised the price target from $65.00 to $66.00. Barclays raised their price target from $61.00 to $68.00 and also gave an 'overweight' rating. Bank of America lowered the price target to $56.00 and set a 'neutral' rating. Stifel Nicolaus maintained a 'hold' rating with a $56.00 price target. Eight analysts have a 'hold' rating, and three have a 'buy' rating. The average rating is 'Hold' with a consensus price target of $67.40.\n\nLamb Weston Holdings, Inc. produces, distributes, and markets frozen potato products worldwide through four segments: Global, Foodservice, Retail, and Other. It offers frozen potatoes, commercial ingredients, and appetizers under the Lamb Weston brand and various customer labels.

Ethic Inc. Reduces Stake in Lamb Weston $LW

Ethic Inc. reduced its stake in Lamb Weston by 29.5% during the first quarter, now holding 25,791 shares valued at $1.375 million. Institutional investors such as Citigroup, JANA Partners, Invesco, Freestone Grove Partners, and Price T Rowe Associates also adjusted their holdings. Lamb Weston announced a quarterly dividend of $0.37 per share, with an annualized yield of 2.7% and a payout ratio of 58.96%. The company reported earnings of $0.87 per share and $1.68 billion in revenue, exceeding estimates. Key financial metrics include a net margin of 5.54%, return on equity of 27.99%, and a market capitalization of $7.57 billion. Analyst ratings shifted, with Wells Fargo and Barclays upgrading to 'overweight' and raising price targets, while Bank of America lowered its rating to 'neutral'. The company operates globally in frozen potato products through four segments.