Lamb Weston Holdings (LW) reports various transactions by investment firms, with disparity in buying and selling tendencies. Some companies, including Thrivent Financial for Lutherans and Boston Partners, are extending their positions significantly. Conversely, Swiss National Bank and Deutsche Bank are diminishing their LW stake. The company's quarterly dividend has seen a surge compared to last year and stands at $0.37. However, the stock has witnessed a 52-week low amid challenging market conditions, prompting some investors to raise concerns.
Despite this, there was a surge in LW shares on 17th March, with a 4.73% increase. Anticipation surrounds Lamb Weston's earnings release for FY 2025, and already some negative sentiment exists due to a miss on Q2 earnings and reducing FY 2025 view. In response to these challenges, LW announced a restructuring plan, and a $250 million share repurchase authorization increase.
No significant partnership announcements, M&A, product launches, or innovation-related news were highlighted although controversially, activist investor Jana partners urge for major alterations following LW's 'disastrous' returns. Additionally, an investigation against Lamb Weston has been confirmed.
Lamb Weston Holdings LW News Analytics from Thu, 26 Sep 2024 07:00:00 GMT to Sat, 22 Mar 2025 22:35:09 GMT - Rating -2 - Innovation 0 - Information 2 - Rumor -5
