Advisors Management Group Inc. ADV Has $4.84 Million Stock Holdings in Lamar Advertising Company $LAMR

Advisors Management Group Inc. ADV reduced its holdings in Lamar Advertising Company (NASDAQ:LAMR) by 15.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 38,272 shares of the real estate investment trust’s stock after selling 6,752 shares during the quarter. Advisors Management Group Inc. ADV’s holdings in Lamar Advertising were worth $4,844,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Berkshire Hathaway Inc acquired a new stake in Lamar Advertising in the second quarter valued at $141,931,000. Norges Bank acquired a new position in Lamar Advertising during the 2nd quarter worth about $116,240,000. AQR Capital Management LLC grew its position in shares of Lamar Advertising by 123.8% in the 2nd 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 last quarter. Egerton Capital UK LLP bought a new stake in shares of Lamar Advertising in the 3rd quarter valued at about $88,615,000. Finally, Invesco Ltd. increased its stake in shares of Lamar Advertising by 97.8% in 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. Institutional investors own 93.78% of the company’s stock.

Lamar Advertising Stock Performance

Shares of Lamar Advertising stock opened at $123.77 on Friday. The business has a 50-day simple moving average of $131.82 and a 200 day simple moving average of $127.78. Lamar Advertising Company has a one year low of $99.84 and a one year high of $139.76. The company has a debt-to-equity ratio of 3.10, a current ratio of 0.58 and a quick ratio of 0.58. The firm has a market capitalization of $12.54 billion, a price-to-earnings ratio of 21.45 and a beta of 1.21.

Lamar Advertising (NASDAQ:LAMR) last issued its 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 firm had revenue of $595.93 million for the quarter, compared to analyst estimates of $592.70 million. Lamar Advertising has set its FY 2026 guidance at 5.720-5.830 EPS. On average, research analysts anticipate that Lamar Advertising Company will post 7.92 earnings per share for the current fiscal year.

Lamar Advertising Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be paid a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a dividend yield of 5.2%. This is a positive change from Lamar Advertising’s previous quarterly dividend of $1.55. The ex-dividend date of this dividend is Monday, March 16th. Lamar Advertising’s payout ratio is 110.92%.

Insider Activity

In other news, EVP Ross Lamar Reilly sold 5,969 shares of the business’s stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $128.65, for a total transaction of $767,911.85. Following the completion of the sale, the executive vice president directly owned 15,850 shares of the company’s stock, valued at $2,039,102.50. The trade was a 27.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 14.99% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

LAMR has been the subject of several recent analyst reports. UBS Group set a $150.00 price objective on shares of Lamar Advertising in a research report on Monday, February 23rd. Wells Fargo & Company upped their price target on shares of Lamar Advertising from $121.00 to $136.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 24th. TD Cowen reiterated a “buy” rating on shares of Lamar Advertising in a report on Monday, February 23rd. Morgan Stanley set a $140.00 target price on Lamar Advertising in a research note on Tuesday, December 16th. Finally, Weiss Ratings upgraded Lamar Advertising from a “hold (c+)” rating to a “buy (b)” rating in a report on Monday, February 23rd. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $139.80.

Lamar Advertising 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.