There is a barrage of recent information concerning Lamb Weston Holdings (LW). Investment firm, Creative Planning, holds a $3.67 million stake in LW. Despite warnings about LW's returns on capital, its stock performance earned an 'Average' to 'Moderate Buy' suggestion from brokerages. Interest is notably surging as activist Jana Partners disclosed a stake in LW, leading to an 11% jump in its shares. Significant transactions are seen with Westhampton Capital LLC investing $539,000, Continental Grain Co strategically acquiring shares, and directors Robert Niblock and William Jurgensen each snapping up thousands of shares. LW underperformed in Q2, and its Q3 expectations are optimistic, despite an over 40% drop YTD. Lower stock performance comes amidst a class action lawsuit, allegedly for artificially inflating shares. However, despite weak demand and a challenging year ahead, recent recovery plans and Q1 2025 earnings exceeding Wall Street forecasts, coupledwith consistent dividend payments, seem to inspire market confidence in LW's future.
Lamb Weston Holdings LW News Analytics from Thu, 04 Apr 2024 07:00:00 GMT to Sat, 26 Oct 2024 07:42:25 GMT - Rating +2 - Innovation -2 - Information +5 - Rumor -3
