Lamb Weston Holdings, Inc. (LW) revealed the dividend to be $0.37. Financial firms such as Heartland Advisors Inc., KLP Kapitalforvaltning AS, and Morey & Quinn Wealth Partners LLC have made notable investments in the company. Lamb Weston's Q3 earnings are forthcoming. Lamb Weston has also adopted a significant amount of debt, which could present risk. The company’s stock has slid by over 30% in the past three months, with a current price target of $76.73. Key concerns include its recent securities law violation, a 51% loss for shareholders over the last year, and the selling of significant shares by insiders. Nevertheless, the company announces an increased dividend and approval for $250m share repurchase authorization. On the other hand, manufacturing costs and softer volumes have hit the company hard, with the expectation of challenging conditions until 2026. A restructuring plan has been announced to combat this alongside appointing Francis J. Smith as CEO. Overall, the company has its strengths and weaknesses, but significant changes may trigger a positive shift.
Lamb Weston Holdings LW News Analytics from Tue, 13 Aug 2024 07:00:00 GMT to Sat, 29 Mar 2025 11:39:50 GMT -
Rating -2
- Innovation -3
- Information 4
- Rumor -6
