Berkshire Hathaway Inc Has $147.16 Million Stock Holdings in Lamar Advertising Company $LAMR

Berkshire Hathaway Inc raised its holdings in Lamar Advertising Company (NASDAQ:LAMR) by 2.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,202,110 shares of the real estate investment trust’s stock after buying an additional 32,603 shares during the period. Berkshire Hathaway Inc owned about 1.19% of Lamar Advertising worth $147,162,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in LAMR. Sivia Capital Partners LLC acquired a new stake in shares of Lamar Advertising in the 2nd quarter worth about $510,000. Prospera Financial Services Inc acquired a new position in Lamar Advertising during the 2nd quarter valued at about $235,000. ProShare Advisors LLC increased its holdings in Lamar Advertising by 4.1% during the 2nd quarter. ProShare Advisors LLC now owns 3,899 shares of the real estate investment trust’s stock worth $473,000 after purchasing an additional 152 shares in the last quarter. Allworth Financial LP increased its holdings in Lamar Advertising by 52.8% during the 2nd quarter. Allworth Financial LP now owns 1,592 shares of the real estate investment trust’s stock worth $193,000 after purchasing an additional 550 shares in the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp raised its stake in shares of Lamar Advertising by 4.4% in the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 64,718 shares of the real estate investment trust’s stock worth $7,854,000 after purchasing an additional 2,699 shares during the last quarter. 93.78% of the stock is currently owned by institutional investors and hedge funds.

Lamar Advertising Stock Up 0.2%

Shares of NASDAQ:LAMR opened at $134.14 on Friday. Lamar Advertising Company has a 1 year low of $99.84 and a 1 year high of $139.76. The company has a market capitalization of $13.59 billion, a PE ratio of 23.25 and a beta of 1.21. The business has a fifty day moving average price of $132.01 and a two-hundred day moving average price of $127.71. The company has a debt-to-equity ratio of 3.10, a current ratio of 0.58 and a quick ratio of 0.58.

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

Lamar Advertising Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be paid a $1.60 dividend. The ex-dividend date is Monday, March 16th. This is a positive change from Lamar Advertising’s previous quarterly dividend of $1.55. This represents a $6.40 dividend on an annualized basis and a yield of 4.8%. Lamar Advertising’s dividend payout ratio is presently 107.45%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on LAMR. TD Cowen restated a “buy” rating on shares of Lamar Advertising in a report on Monday, February 23rd. Weiss Ratings upgraded Lamar Advertising from a “hold (c+)” rating to a “buy (b)” rating in a report on Monday, February 23rd. Morgan Stanley set a $140.00 price target on Lamar Advertising in a research report on Tuesday, December 16th. UBS Group set a $150.00 price objective on Lamar Advertising in a research note on Monday, February 23rd. Finally, Wells Fargo & Company lifted their price objective on shares of Lamar Advertising from $121.00 to $136.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 24th. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $139.80.

About Lamar Advertising

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.