Cortland Associates Inc. MO Acquires 260,812 Shares of LandBridge Company LLC $LB

Cortland Associates Inc. MO lifted its holdings in LandBridge Company LLC (NYSE:LB) by 172.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 412,443 shares of the company’s stock after purchasing an additional 260,812 shares during the period. LandBridge accounts for about 2.6% of Cortland Associates Inc. MO’s investment portfolio, making the stock its 15th biggest holding. Cortland Associates Inc. MO owned approximately 0.54% of LandBridge worth $22,004,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of LB. NewEdge Advisors LLC raised its holdings in LandBridge by 110.6% during the second quarter. NewEdge Advisors LLC now owns 398 shares of the company’s stock valued at $27,000 after buying an additional 209 shares in the last quarter. Avondale Wealth Management acquired a new position in shares of LandBridge during the 2nd quarter valued at about $81,000. Generali Investments Management Co LLC bought a new position in shares of LandBridge in the 2nd quarter valued at approximately $117,000. Atticus Wealth Management LLC acquired a new stake in LandBridge in the 2nd quarter worth approximately $130,000. Finally, Osaic Holdings Inc. lifted its holdings in LandBridge by 12.5% in the 2nd quarter. Osaic Holdings Inc. now owns 2,701 shares of the company’s stock worth $183,000 after purchasing an additional 301 shares during the last quarter.

Insider Activity at LandBridge

In other LandBridge news, Director Point Energy Fund Aiv- Five II sold 2,500,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $70.00, for a total value of $175,000,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jason Thomas Long acquired 2,143 shares of the firm’s stock in a transaction dated Monday, January 5th. The shares were purchased at an average cost of $46.59 per share, for a total transaction of $99,842.37. Following the acquisition, the insider directly owned 223,546 shares in the company, valued at $10,415,008.14. This represents a 0.97% increase in their position. The SEC filing for this purchase provides additional information. Insiders have bought 3,542 shares of company stock worth $164,630 over the last three months. Company insiders own 70.42% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on LB. Wells Fargo & Company lowered their price target on LandBridge from $91.00 to $90.00 and set an “overweight” rating on the stock in a report on Wednesday, November 26th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of LandBridge in a report on Tuesday, October 14th. UBS Group reiterated a “neutral” rating and issued a $65.00 target price on shares of LandBridge in a research note on Monday, November 24th. Barclays cut their target price on shares of LandBridge from $66.00 to $57.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 14th. Finally, Janney Montgomery Scott cut shares of LandBridge from a “buy” rating to a “neutral” rating in a report on Thursday, November 13th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, LandBridge currently has a consensus rating of “Hold” and an average target price of $73.33.

LandBridge Trading Up 6.6%

Shares of LandBridge stock opened at $47.11 on Friday. LandBridge Company LLC has a 1 year low of $43.75 and a 1 year high of $87.60. The company’s fifty day simple moving average is $57.67 and its 200-day simple moving average is $56.68. The company has a market cap of $3.67 billion, a price-to-earnings ratio of 67.31 and a beta of 0.43. The company has a current ratio of 4.15, a quick ratio of 4.15 and a debt-to-equity ratio of 0.52.

LandBridge (NYSE:LB) last issued its quarterly earnings results on Wednesday, November 12th. The company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.44). The company had revenue of $50.83 million during the quarter, compared to the consensus estimate of $49.13 million. LandBridge had a net margin of 13.72% and a return on equity of 4.63%. As a group, sell-side analysts expect that LandBridge Company LLC will post 0.99 EPS for the current year.

LandBridge Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Thursday, December 4th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.8%. The ex-dividend date was Thursday, December 4th. LandBridge’s payout ratio is currently 57.14%.

More LandBridge News

Here are the key news stories impacting LandBridge this week:

• Positive Sentiment: Several insiders bought shares this week, signaling management confidence: Jason Thomas Long purchased 2,143 shares (~$46.59 avg). Jason Long SEC Filing
• Positive Sentiment: Harrison Fenner Bolling acquired 850 shares (~$46.84 avg), modestly increasing his position. Harrison Bolling SEC Filing
• Positive Sentiment: Scott Lloyd McNeely purchased 549 shares (~$45.49 avg), a small but visible insider buy. Scott McNeely SEC Filing
• Positive Sentiment: Zacks Research upgraded LB from “hold” to “strong-buy,” which can attract momentum buyers and short-covering. Zacks Upgrade
• Neutral Sentiment: LandBridge pays a modest quarterly dividend ($0.10 per quarter, ~$0.40 annualized, ≈0.9% yield) — supportive for income investors but not a major catalyst. MarketBeat Profile
• Neutral Sentiment: Recent institutional activity shows position changes among large holders (Vanguard, UBS, Raymond James), but flows reported so far are incremental and not decisively directional. Institutional Activity
• Negative Sentiment: Fundamental headwind — last reported quarter missed EPS (reported $0.26 vs. $0.70 consensus), which remains a meaningful concern for valuation and earnings-driven investors. Earnings Detail
• Negative Sentiment: Sell-side sentiment is mixed: several downgrades and target cuts (including a Raymond James downgrade) keep the consensus at “Hold,” limiting upside from the upgrade and insider buys. Analyst Coverage

About LandBridge

LandBridge Company LLC owns and manages land and resources to support and enhance oil and natural gas development in the United States. It owns surface acres in and around the Delaware Basin in Texas and New Mexico. The company holds a portfolio of oil and gas royalties. It also sells brackish water and other surface composite materials. The company was founded in 2021 and is based in Houston, Texas. LandBridge Company LLC operates as a subsidiary of LandBridge Holdings LLC.