Rep. Julie Johnson Sells Lamb Weston Holdings, Inc. (NYSE:LW) Stock

Posted by Editorial Team on Feb 14th, 2025

Representative Julie Johnson (D-Texas) recently sold shares of Lamb Weston Holdings, Inc. (NYSE:LW). In a filing disclosed on February 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Lamb Weston stock on January 15th. The trade occurred in the Representative’s “MERRILL LYNCH TAX EFFICIENT CORE” account.

Representative Julie Johnson also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of Dell Technologies (NYSE:DELL) on 1/28/2025.
Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 1/28/2025.
Sold $1,001 – $15,000 in shares of Intuit (NASDAQ:INTU) on 1/28/2025.
Sold $1,001 – $15,000 in shares of ALLETE (NYSE:ALE) on 1/28/2025.
Sold $1,001 – $15,000 in shares of PPG Industries (NYSE:PPG) on 1/27/2025.
Purchased $1,001 – $15,000 in shares of Progressive (NYSE:PGR) on 1/24/2025.
Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 1/24/2025.
Sold $1,001 – $15,000 in shares of Chubb (NYSE:CB) on 1/24/2025.
Sold $1,001 – $15,000 in shares of Morgan Stanley (NYSE:MS) on 1/24/2025.
Purchased $1,001 – $15,000 in shares of Merck & Co., Inc. (NYSE:MRK) on 1/17/2025.

Lamb Weston Stock Performance

NYSE LW opened at $57.34 on Friday. Lamb Weston Holdings, Inc. has a fifty-two week low of $52.99 and a fifty-two week high of $107.50. The firm has a market capitalization of $8.18 billion, a P/E ratio of 22.67, a price-to-earnings-growth ratio of 1.46 and a beta of 0.72. The stock’s fifty day moving average is $64.93 and its two-hundred day moving average is $67.49. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.53 and a current ratio of 1.35.

Lamb Weston (NYSE:LW – Get Free Report) last announced its quarterly earnings results on Thursday, December 19th. The specialty retailer reported $0.66 earnings per share for the quarter, missing the consensus estimate of $1.01 by ($0.35). Lamb Weston had a net margin of 5.80% and a return on equity of 27.82%. The firm had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.67 billion. During the same period in the previous year, the firm posted $1.45 EPS. The company’s revenue was down 7.5% compared to the same quarter last year. On average, research analysts anticipate that Lamb Weston Holdings, Inc. will post 3.1 earnings per share for the current year.

Lamb Weston Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, January 31st will be given a dividend of $0.37 per share. This is an increase from Lamb Weston’s previous quarterly dividend of $0.36. The ex-dividend date of this dividend is Friday, January 31st. This represents a $1.48 dividend on an annualized basis and a yield of 2.58%. Lamb Weston’s dividend payout ratio (DPR) is presently 58.50%.

Insider Buying and Selling

In other Lamb Weston news, Director Robert A. Niblock purchased 3,000 shares of the business’s stock in a transaction on Monday, January 13th. The shares were bought at an average cost of $60.94 per share, for a total transaction of $182,820.00. Following the completion of the purchase, the director now directly owns 26,406 shares in the company, valued at approximately $1,609,181.64. This represents a 12.82 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Charles A. Blixt acquired 1,200 shares of the stock in a transaction dated Monday, December 23rd. The shares were acquired at an average cost of $63.25 per share, with a total value of $75,900.00. Following the completion of the transaction, the director now owns 22,982 shares in the company, valued at approximately $1,453,611.50. This represents a 5.51 % increase in their position. The disclosure for this purchase can be found here. Insiders own 0.72% of the company’s stock.

Institutional Trading of Lamb Weston

Hedge funds have recently made changes to their positions in the business. Northwest Investment Counselors LLC acquired a new stake in shares of Lamb Weston in the third quarter valued at $29,000. West Oak Capital LLC raised its position in Lamb Weston by 155.7% in the 4th quarter. West Oak Capital LLC now owns 450 shares of the specialty retailer’s stock valued at $30,000 after purchasing an additional 274 shares in the last quarter. Riverview Trust Co acquired a new stake in Lamb Weston in the 3rd quarter valued at about $35,000. Stonebridge Financial Group LLC purchased a new position in shares of Lamb Weston in the 4th quarter valued at about $35,000. Finally, SBI Securities Co. Ltd. acquired a new position in shares of Lamb Weston during the fourth quarter worth about $36,000. Institutional investors and hedge funds own 89.56% of the company’s stock.

Analysts Set New Price Targets

LW has been the subject of a number of recent analyst reports. Citigroup downgraded shares of Lamb Weston from a “buy” rating to a “neutral” rating and cut their price target for the stock from $90.00 to $68.00 in a report on Friday, December 20th. Deutsche Bank Aktiengesellschaft started coverage on Lamb Weston in a research note on Thursday, December 12th. They set a “hold” rating and a $81.00 target price for the company. JPMorgan Chase & Co. upped their price target on Lamb Weston from $68.00 to $78.00 and gave the company a “neutral” rating in a research note on Monday, December 16th. Bank of America raised their price objective on Lamb Weston from $68.00 to $80.00 and gave the stock a “neutral” rating in a research report on Monday, October 21st. Finally, Stifel Nicolaus reduced their price objective on shares of Lamb Weston from $80.00 to $68.00 and set a “hold” rating on the stock in a report on Friday, December 20th. Eight research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, Lamb Weston currently has an average rating of “Hold” and an average target price of $81.00.

Read Our Latest Stock Analysis on LW

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

Lamb Weston Company Profile

(Get Free Report)

Lamb Weston Holdings, Inc produces, distributes, and markets frozen potato products worldwide. The company operates through four segments: Global, Foodservice, Retail, and Other. It offers frozen potatoes, commercial ingredients, and appetizers under the Lamb Weston brand, as well as under various customer labels.