Pensionfund Sabic Makes New $1.03 Million Investment in Lamar Advertising Company $LAMR

Pensionfund Sabic acquired a new stake in shares of Lamar Advertising Company (NASDAQ:LAMR) in the 4th quarter, Holdings Channel.com reports. The fund acquired 8,100 shares of the real estate investment trust’s stock, valued at approximately $1,025,000.

A number of other hedge funds have also recently modified their holdings of LAMR. Quent Capital LLC purchased a new stake in shares of Lamar Advertising in the 3rd quarter worth about $26,000. Alpine Bank Wealth Management purchased a new position in Lamar Advertising during the 3rd quarter valued at about $27,000. Caitong International Asset Management Co. Ltd purchased a new position in Lamar Advertising during the 3rd quarter valued at about $33,000. Loomis Sayles & Co. L P bought a new stake in Lamar Advertising during the second quarter worth about $34,000. Finally, Measured Wealth Private Client Group LLC purchased a new stake in Lamar Advertising in the third quarter worth about $39,000. Institutional investors own 93.78% of the company’s stock.

Lamar Advertising Stock Performance

Shares of LAMR stock opened at $126.47 on Thursday. The company has a market capitalization of $12.82 billion, a price-to-earnings ratio of 21.92 and a beta of 1.21. 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 one year low of $99.84 and a one year high of $139.76. The company’s 50-day moving average is $132.12 and its 200 day moving average is $127.82.

Lamar Advertising (NASDAQ:LAMR) last issued its earnings results on Friday, February 20th. The real estate investment trust reported $1.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.18 by ($0.68). The firm had revenue of $595.93 million during the quarter, compared to analysts’ expectations 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. Sell-side analysts expect 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. Stockholders of record on Monday, March 16th will be paid a $1.60 dividend. This is an increase from Lamar Advertising’s previous quarterly dividend of $1.55. This represents a $6.40 annualized dividend and a dividend yield of 5.1%. The ex-dividend date is Monday, March 16th. Lamar Advertising’s dividend payout ratio (DPR) is presently 110.92%.

Analyst Ratings Changes

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

Insider Activity

In other news, EVP Ross Lamar Reilly sold 5,969 shares of the company’s stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $128.65, for a total transaction of $767,911.85. Following the transaction, the executive vice president directly owned 15,850 shares of the company’s stock, valued at $2,039,102.50. This represents a 27.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 14.99% of the stock is currently owned by insiders.

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.