Sanctuary Advisors LLC Acquires 11,170 Shares of Lamar Advertising Company $LAMR

Sanctuary Advisors LLC increased its position in shares of Lamar Advertising Company (NASDAQ:LAMR) by 26.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 54,108 shares of the real estate investment trust’s stock after purchasing an additional 11,170 shares during the period. Sanctuary Advisors LLC’s holdings in Lamar Advertising were worth $6,849,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in LAMR. M&T Bank Corp increased its stake in shares of Lamar Advertising by 12,278.7% during the fourth quarter. M&T Bank Corp now owns 1,147,876 shares of the real estate investment trust’s stock valued at $145,298,000 after buying an additional 1,138,603 shares during the period. AQR Capital Management LLC increased its stake in shares of Lamar Advertising by 123.8% during 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 purchased a new position in shares of Lamar Advertising during the third quarter valued at $88,615,000. Invesco Ltd. increased its stake in shares of Lamar Advertising by 97.8% during the third quarter. Invesco Ltd. now owns 991,990 shares of the real estate investment trust’s stock valued at $121,439,000 after buying an additional 490,463 shares during the period. Finally, Northern Trust Corp increased its stake in shares of Lamar Advertising by 23.9% during the third quarter. Northern Trust Corp now owns 1,629,554 shares of the real estate investment trust’s stock valued at $199,490,000 after buying an additional 314,235 shares during the period. Hedge funds and other institutional investors own 93.78% of the company’s stock.

Lamar Advertising Price Performance

Shares of LAMR stock opened at $135.98 on Thursday. Lamar Advertising Company has a fifty-two week low of $111.64 and a fifty-two week high of $139.76. The firm has a market capitalization of $13.78 billion, a price-to-earnings ratio of 23.57 and a beta of 1.20. The company has a debt-to-equity ratio of 3.10, a quick ratio of 0.58 and a current ratio of 0.58. The stock’s 50-day simple moving average is $132.51 and its 200-day simple moving average is $129.17.

Lamar Advertising (NASDAQ:LAMR) last issued its quarterly earnings results on Friday, February 20th. The real estate investment trust reported $1.50 earnings per share for the quarter, missing analysts’ consensus estimates of $2.18 by ($0.68). Lamar Advertising had a return on equity of 58.58% and a net margin of 25.91%.The business had revenue of $595.93 million for the quarter, compared to analysts’ expectations of $592.70 million. Lamar Advertising has set its FY 2026 guidance at 5.720-5.830 EPS. As a group, equities analysts forecast that Lamar Advertising Company will post 8.23 earnings per share for the current fiscal year.

Lamar Advertising Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th were paid a dividend of $1.60 per share. The ex-dividend date was 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 dividend yield of 4.7%. Lamar Advertising’s payout ratio is presently 110.92%.

Insider Buying and Selling at Lamar Advertising

In other news, EVP Ross Lamar Reilly sold 5,969 shares of the business’s stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $128.65, for a total transaction of $767,911.85. Following the sale, the executive vice president owned 15,850 shares in the company, valued at approximately $2,039,102.50. The trade was a 27.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 15.24% of the company’s stock.

Wall Street Analyst Weigh In

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

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.