Hamlin Capital Management LLC Has $174.45 Million Stock Holdings in Lamar Advertising Company $LAMR

Hamlin Capital Management LLC lifted its holdings in shares of Lamar Advertising Company (NASDAQ:LAMR) by 6.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,425,045 shares of the real estate investment trust’s stock after purchasing an additional 86,626 shares during the period. Lamar Advertising accounts for 4.0% of Hamlin Capital Management LLC’s holdings, making the stock its 10th biggest holding. Hamlin Capital Management LLC’s holdings in Lamar Advertising were worth $174,454,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Quent Capital LLC acquired a new stake in Lamar Advertising in the third quarter valued at $26,000. Alpine Bank Wealth Management acquired a new position in Lamar Advertising during the 3rd quarter worth about $27,000. Loomis Sayles & Co. L P acquired a new position in Lamar Advertising during the 2nd quarter worth about $34,000. Caldwell Trust Co bought a new stake in shares of Lamar Advertising in the 2nd quarter valued at about $49,000. Finally, Root Financial Partners LLC bought a new stake in shares of Lamar Advertising in the 3rd quarter valued at about $51,000. Institutional investors own 93.78% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. UBS Group set a $150.00 price objective on Lamar Advertising in a research report on Monday, February 23rd. TD Cowen reiterated a “buy” rating on shares of Lamar Advertising in a report on Monday, February 23rd. 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. Morgan Stanley set a $140.00 price target on shares of Lamar Advertising in a report on Tuesday, December 16th. Finally, Wells Fargo & Company boosted their price target on shares of Lamar Advertising from $121.00 to $136.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 24th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $139.80.

Lamar Advertising Stock Performance

Shares of Lamar Advertising stock opened at $134.14 on Monday. The business has a 50-day moving average price of $132.01 and a two-hundred day moving average price of $127.71. Lamar Advertising Company has a 1-year low of $99.84 and a 1-year high of $139.76. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 3.10. The company has a market cap of $13.59 billion, a P/E ratio of 23.25 and a beta of 1.21.

Lamar Advertising (NASDAQ:LAMR) last announced its quarterly earnings data on Friday, February 20th. The real estate investment trust reported $1.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.18 by ($0.68). Lamar Advertising had a net margin of 25.91% and a return on equity of 58.58%. The business had revenue of $595.93 million during the quarter, compared to analyst estimates of $592.70 million. Lamar Advertising has set its FY 2026 guidance at 5.720-5.830 EPS. As a group, analysts anticipate that Lamar Advertising Company will post 7.92 EPS for the current 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 $1.60 dividend. This represents a $6.40 annualized dividend and a yield of 4.8%. This is a boost from Lamar Advertising’s previous quarterly dividend of $1.55. The ex-dividend date of this dividend is Monday, March 16th. Lamar Advertising’s payout ratio is presently 107.45%.

Lamar Advertising 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.