Royal Fund Management LLC Acquires 7,820 Shares of Lamar Advertising Company $LAMR

Royal Fund Management LLC grew its holdings in Lamar Advertising Company (NASDAQ:LAMR) by 21.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 44,296 shares of the real estate investment trust’s stock after purchasing an additional 7,820 shares during the quarter. Royal Fund Management LLC’s holdings in Lamar Advertising were worth $5,607,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Berkshire Hathaway Inc acquired a new stake in Lamar Advertising during the second quarter worth approximately $141,931,000. Norges Bank bought a new stake in Lamar Advertising in the second quarter worth approximately $116,240,000. AQR Capital Management LLC lifted its stake in Lamar Advertising by 123.8% in the second quarter. AQR Capital Management LLC now owns 1,475,525 shares of the real estate investment trust’s stock valued at $177,152,000 after buying an additional 816,217 shares during the period. Egerton Capital UK LLP acquired a new position in Lamar Advertising in the third quarter valued at approximately $88,615,000. Finally, Invesco Ltd. boosted its holdings in shares of Lamar Advertising by 97.8% during the 3rd quarter. Invesco Ltd. now owns 991,990 shares of the real estate investment trust’s stock worth $121,439,000 after buying an additional 490,463 shares in the last quarter. Institutional investors own 93.78% of the company’s stock.

Lamar Advertising Stock Down 0.0%

Shares of NASDAQ:LAMR opened at $123.71 on Tuesday. The company has a debt-to-equity ratio of 3.10, a quick ratio of 0.58 and a current ratio of 0.58. Lamar Advertising Company has a 52-week low of $99.84 and a 52-week high of $139.76. The business’s 50 day simple moving average is $131.65 and its two-hundred day simple moving average is $127.75. The firm has a market cap of $12.54 billion, a P/E ratio of 21.44 and a beta of 1.21.

Lamar Advertising (NASDAQ:LAMR) last released its quarterly earnings data on Friday, February 20th. The real estate investment trust reported $1.50 EPS for the quarter, missing the consensus estimate of $2.18 by ($0.68). Lamar Advertising had a net margin of 25.91% and a return on equity of 58.58%. The firm had revenue of $595.93 million for the quarter, compared to the consensus estimate of $592.70 million. Lamar Advertising has set its FY 2026 guidance at 5.720-5.830 EPS. As a group, research analysts forecast that Lamar Advertising Company will post 7.92 EPS for the current fiscal year.

Lamar Advertising Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be paid a dividend of $1.60 per share. This is a boost from Lamar Advertising’s previous quarterly dividend of $1.55. The ex-dividend date is Monday, March 16th. This represents a $6.40 dividend on an annualized basis and a yield of 5.2%. Lamar Advertising’s dividend payout ratio (DPR) is presently 110.92%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Weiss Ratings raised shares of Lamar Advertising from a “hold (c+)” rating to a “buy (b)” rating in a research report on Monday, February 23rd. TD Cowen reiterated a “buy” rating on shares of Lamar Advertising in a research report on Monday, February 23rd. Wells Fargo & Company increased their target price on shares of Lamar Advertising from $121.00 to $136.00 and gave the stock an “equal weight” rating in a research note on Tuesday, February 24th. UBS Group set a $150.00 price target on shares of Lamar Advertising in a report on Monday, February 23rd. Finally, Morgan Stanley set a $140.00 price target on shares of Lamar Advertising in a research note on Tuesday, December 16th. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $139.80.

Insiders Place Their Bets

In other Lamar Advertising news, EVP Ross Lamar Reilly sold 5,969 shares of the company’s stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $128.65, for a total transaction of $767,911.85. Following the transaction, the executive vice president owned 15,850 shares in the company, valued at approximately $2,039,102.50. This represents a 27.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 14.99% of the company’s stock.

Lamar Advertising Company Profile

Lamar Advertising Company (NASDAQ: LAMR) is one of North America’s largest outdoor advertising firms, specializing in out-of-home media solutions. Since its founding in 1902, the company has grown through a combination of organic expansion and strategic acquisitions to offer a broad portfolio of advertising products. Its core business centers on billboard advertising, encompassing traditional static billboards and a rapidly expanding network of digital displays. These assets enable advertisers to reach consumers with high-impact messaging along highways, in urban centers, and at high-traffic intersections.

In addition to highway billboards, Lamar offers a variety of supplemental out-of-home formats, including transit advertising on buses and shelters, and logo signage at travel plazas and gas stations.