Geode Capital Management LLC Buys 510,025 Shares of Lamar Advertising Company $LAMR

17 Nov 2025, 04:44 by Amy Steele · The Cerbat Gem

Geode Capital Management LLC lifted its stake in Lamar Advertising Company (NASDAQ:LAMR – Free Report) by 27.8% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 2,344,637 shares of the real estate investment trust’s stock after buying an additional 510,025 shares during the period. Geode Capital Management LLC’s holdings in Lamar Advertising were worth $284,577,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Blair William & Co. IL grew its position in Lamar Advertising by 1.5% during the 2nd quarter. Blair William & Co. IL now owns 5,358 shares of the real estate investment trust’s stock worth $650,000 after acquiring an additional 81 shares during the last quarter. JB Capital LLC boosted its stake in shares of Lamar Advertising by 0.3% during the second quarter. JB Capital LLC now owns 29,916 shares of the real estate investment trust’s stock valued at $3,631,000 after purchasing an additional 82 shares during the period. SWS Partners boosted its stake in shares of Lamar Advertising by 0.6% during the first quarter. SWS Partners now owns 15,347 shares of the real estate investment trust’s stock valued at $1,746,000 after purchasing an additional 85 shares during the period. Signaturefd LLC grew its holdings in shares of Lamar Advertising by 7.2% in the second quarter. Signaturefd LLC now owns 1,457 shares of the real estate investment trust’s stock worth $177,000 after purchasing an additional 98 shares during the last quarter. Finally, Louisiana State Employees Retirement System increased its stake in shares of Lamar Advertising by 0.4% in the second quarter. Louisiana State Employees Retirement System now owns 24,700 shares of the real estate investment trust’s stock worth $2,998,000 after buying an additional 100 shares during the period. 93.78% of the stock is currently owned by hedge funds and other institutional investors.

Lamar Advertising Trading Up 1.6%

Shares of LAMR opened at $129.63 on Monday. Lamar Advertising Company has a 1-year low of $99.84 and a 1-year high of $135.91. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 3.45. The firm’s 50-day moving average price is $122.51 and its 200-day moving average price is $121.90. The firm has a market capitalization of $13.12 billion, a price-to-earnings ratio of 30.15 and a beta of 1.36.

Lamar Advertising (NASDAQ:LAMR – Get Free Report) last released its quarterly earnings results on Thursday, November 6th. The real estate investment trust reported $2.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.14 by $0.06. Lamar Advertising had a net margin of 19.72% and a return on equity of 41.85%. The company had revenue of $585.54 million during the quarter, compared to the consensus estimate of $584.00 million. Sell-side analysts anticipate that Lamar Advertising Company will post 7.92 EPS for the current year.

Lamar Advertising Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, September 19th were paid a $1.55 dividend. This represents a $6.20 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date was Friday, September 19th. Lamar Advertising’s dividend payout ratio (DPR) is presently 145.54%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. Wells Fargo & Company dropped their price target on shares of Lamar Advertising from $122.00 to $119.00 and set an “equal weight” rating for the company in a research report on Monday, August 11th. Morgan Stanley increased their target price on shares of Lamar Advertising from $125.00 to $135.00 and gave the stock an “equal weight” rating in a report on Monday, August 4th. Weiss Ratings reissued a “hold (c+)” rating on shares of Lamar Advertising in a research note on Thursday. JPMorgan Chase & Co. upped their price target on Lamar Advertising from $122.00 to $128.00 and gave the company a “neutral” rating in a research report on Wednesday, November 12th. Finally, Citigroup increased their price objective on Lamar Advertising from $135.00 to $145.00 and gave the stock a “buy” rating in a report on Thursday. One investment analyst has rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Lamar Advertising currently has an average rating of “Hold” and an average price target of $131.75.

View Our Latest Analysis on LAMR

Insider Activity at Lamar Advertising

In related news, CFO Jay Lecoryelle Johnson sold 22,000 shares of Lamar Advertising stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $124.28, for a total transaction of $2,734,160.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 14.99% of the stock is currently owned by insiders.

Lamar Advertising Company Profile

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