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

Posted by Trevor Kearing 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

LW traded up $0.66 during midday trading on Friday, hitting $57.93. 535,095 shares of the company traded hands, compared to its average volume of 2,200,040. The company has a quick ratio of 0.53, a current ratio of 1.35 and a debt-to-equity ratio of 2.26. The firm has a market capitalization of $8.26 billion, a PE ratio of 22.91, a price-to-earnings-growth ratio of 1.46 and a beta of 0.72. The company’s 50-day moving average is $64.93 and its 200 day moving average is $67.49. Lamb Weston Holdings, Inc. has a 52 week low of $52.99 and a 52 week high of $107.50.

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

Lamb Weston Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, January 31st will be paid a dividend of $0.37 per share. The ex-dividend date is Friday, January 31st. This represents a $1.48 annualized dividend and a yield of 2.55%. This is a boost from Lamb Weston’s previous quarterly dividend of $0.36. Lamb Weston’s dividend payout ratio is currently 58.50%.

Insider Buying and Selling

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

Institutional Investors Weigh In On Lamb Weston

A number of institutional investors have recently added to or reduced their stakes in the stock. Northwest Investment Counselors LLC bought a new position in shares of Lamb Weston during the 3rd quarter valued at approximately $29,000. West Oak Capital LLC boosted its position in shares of Lamb Weston by 155.7% during the 4th quarter. West Oak Capital LLC now owns 450 shares of the specialty retailer’s stock valued at $30,000 after acquiring an additional 274 shares during the last quarter. Riverview Trust Co bought a new position in shares of Lamb Weston during the 3rd quarter valued at approximately $35,000. Stonebridge Financial Group LLC bought a new stake in Lamb Weston in the fourth quarter worth $35,000. Finally, SBI Securities Co. Ltd. bought a new stake in Lamb Weston in the fourth quarter worth $36,000. 89.56% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

LW has been the topic of several research analyst reports. Barclays lowered their target price on shares of Lamb Weston from $87.00 to $69.00 and set an “overweight” rating on the stock in a research note on Monday, December 23rd. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Lamb Weston in a research report on Thursday, December 12th. They set a “hold” rating and a $81.00 price target for the company. Citigroup lowered shares of Lamb Weston from a “buy” rating to a “neutral” rating and reduced their price target for the company from $90.00 to $68.00 in a research report on Friday, December 20th. Bank of America upped their price target on shares of Lamb Weston from $68.00 to $80.00 and gave the company a “neutral” rating in a research report on Monday, October 21st. Finally, Stifel Nicolaus reduced their price target on shares of Lamb Weston from $80.00 to $68.00 and set a “hold” rating for the company in a research report on Friday, December 20th. Eight analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $81.00.

View Our Latest Stock Report on Lamb Weston

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.

About Lamb Weston

(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.