Wells Fargo & Company Cuts Lamb Weston (NYSE:LW) Price Target to $46.00

Lamb Weston (NYSE:LW) had its price target cut by Wells Fargo & Company from $54.00 to $46.00 in a report issued on Thursday,Benzinga reports. They currently have an overweight rating on the specialty retailer’s stock.

Other equities analysts have also issued reports about the company. Deutsche Bank Aktiengesellschaft decreased their price objective on Lamb Weston from $46.00 to $40.00 and set a “hold” rating for the company in a research report on Monday, March 30th. Barclays lowered their price objective on shares of Lamb Weston from $68.00 to $55.00 and set an “overweight” rating for the company in a research report on Tuesday, December 23rd. BNP Paribas Exane set a $48.00 price objective on shares of Lamb Weston in a report on Monday, December 22nd. Zacks Research raised shares of Lamb Weston from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 3rd. Finally, JPMorgan Chase & Co. reduced their target price on shares of Lamb Weston from $50.00 to $44.00 and set a “neutral” rating for the company in a research note on Tuesday, March 24th. Three research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $48.00.

Lamb Weston Stock Performance

Shares of Lamb Weston stock opened at $39.40 on Thursday. The company has a market capitalization of $5.47 billion, a PE ratio of 18.41, a PEG ratio of 5.68 and a beta of 0.49. Lamb Weston has a 12 month low of $37.62 and a 12 month high of $67.07. The company has a current ratio of 1.46, a quick ratio of 0.64 and a debt-to-equity ratio of 1.99. The stock’s fifty day simple moving average is $45.03 and its 200 day simple moving average is $51.72.

Lamb Weston (NYSE:LW) last posted its earnings results on Wednesday, April 1st. The specialty retailer reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.11. Lamb Weston had a return on equity of 23.77% and a net margin of 4.61%.The firm had revenue of $1.56 billion during the quarter, compared to analysts’ expectations of $1.49 billion. During the same period in the previous year, the firm earned $1.10 earnings per share. The company’s revenue was up 2.9% on a year-over-year basis. On average, research analysts predict that Lamb Weston will post 3.1 EPS for the current year.

Insider Activity at Lamb Weston

In related news, insider Jan Eli B. Craps purchased 50,000 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The stock was acquired at an average price of $48.65 per share, with a total value of $2,432,500.00. Following the completion of the purchase, the insider directly owned 300,000 shares in the company, valued at $14,595,000. This trade represents a 20.00% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.29% of the company’s stock.

Hedge Funds Weigh In On Lamb Weston

Hedge funds have recently bought and sold shares of the company. Hsbc Holdings PLC raised its position in shares of Lamb Weston by 191.5% in the 4th quarter. Hsbc Holdings PLC now owns 471,886 shares of the specialty retailer’s stock valued at $19,922,000 after buying an additional 309,995 shares in the last quarter. Rockefeller Capital Management L.P. boosted its position in shares of Lamb Weston by 26.1% during the 4th quarter. Rockefeller Capital Management L.P. now owns 8,903 shares of the specialty retailer’s stock worth $373,000 after acquiring an additional 1,842 shares in the last quarter. Corient Private Wealth LLC increased its stake in Lamb Weston by 53.2% in the fourth quarter. Corient Private Wealth LLC now owns 31,864 shares of the specialty retailer’s stock valued at $1,335,000 after acquiring an additional 11,063 shares during the last quarter. Walser Wealth Management Company A Ltd Liability Co bought a new position in Lamb Weston in the fourth quarter valued at approximately $221,000. Finally, T. Rowe Price Investment Management Inc. raised its position in Lamb Weston by 427.5% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 159,008 shares of the specialty retailer’s stock valued at $6,661,000 after purchasing an additional 128,862 shares in the last quarter. 89.56% of the stock is owned by institutional investors.

Key Lamb Weston News

Here are the key news stories impacting Lamb Weston this week:

• Positive Sentiment: Lamb Weston beat Q3 revenue and EPS expectations, showing revenue of $1.56B and adjusted EPS of $0.72, which underpins the argument that top-line demand remains resilient. Earnings Call Transcript
• Positive Sentiment: Management reiterated its “Focus to Win” cost‑savings program and a $250M target (management says it’s on track), which could help margin recovery and free cash flow over time. Earnings Highlights
• Positive Sentiment: Lower contracted potato input costs (North America low‑single-digit decline, Europe mid‑teens) were flagged as a potential tailwind for fiscal 2027 margins. MarketBeat Analysis
• Neutral Sentiment: Analysts’ consensus remains mixed: the street’s average rating is around “Hold” even as some firms retain overweight views — reflecting uncertainty rather than clear bullishness. Analyst Consensus
• Negative Sentiment: Several brokers trimmed price targets after the quarter (BNP Paribas Exane to $41, Barclays to $46, Stifel/Wells Fargo/BofA lowered targets), signaling reduced near‑term earnings visibility and prompting selling pressure. BNP Paribas PT Cut
• Negative Sentiment: Analysts cut their forecasts and models after the results, citing persistent margin erosion from international expansion, mix and plant utilization — the main reason the stock has been under pressure despite a beat. Benzinga Coverage

Lamb Weston Company Profile

Lamb Weston, traded on the NYSE under the symbol LW, is a leading global processor and supplier of frozen potato products. The company’s portfolio includes a variety of potato-based items such as French fries, potato wedges, hash browns and specialty cuts tailored to the foodservice and retail grocery channels. Lamb Weston serves quick-service restaurants, full-service operators, grocery chains and food distributors, offering customized product formats, packaging solutions and seasoning options to meet evolving customer demands.

Founded in 1950 and headquartered in Eagle, Idaho, Lamb Weston has grown from a regional processor into one of the world’s largest producers of frozen potato products.