Shares of Lamb Weston Holdings, Inc. (NYSE:LW) continue to attract interest, despite fluctuations in performance. First Trust Direct Indexing L.P., Retirement Systems of Alabama, and Swiss National Bank have sold their Lamb Weston shares, while the likes of Channing Capital Management LLC, Allocates Capital LLC, and Truist Financial Corp have purchased shares. The company's strategic pricing actions have been beneficial, despite high cost challenges.
There are concerns regarding the company's return on capital, and a recent software issue impacting Q3 results and fiscal year outlook cause a dip in stock price. Despite this, Lamb Weston does have promising moments, with stock outperforming competitors on some trading days. There is speculation for a Q4 return to volume growth. The company's EPS aligns with projections, however, challenges arising from ERP system persist.
Various opinions prevail on its dividend announcement, with the expectation of an increased dividend to $0.36. The company's stock performance varies, with both notable gains and losses. Mixed reactions have surrounded its Q3 earnings, with the company facing a dip in stock value despite strong trading days. Lamb Weston aims for long-term growth, with focus on strategic pricing and expansion.
Lamb Weston Holdings LW News Analytics from Wed, 30 Aug 2023 07:00:00 GMT to Wed, 08 May 2024 10:51:29 GMT - Rating -2 - Innovation 0 - Information 3 - Rumor 0
