Lamb Weston Holdings Inc (LW) have reported vigilant movement in the current market, seeing various changes in their stockholdings. Notably, both Xponance Inc and Sumitomo Mitsui Trust Group Inc reported a decrease in their holdings while the New York State Common Retirement Fund, Easterly Investment Partners LLC, and DekaBank Deutsche Girozentrale amongst others increased their stake. Interestingly, a substantial acquisition of 43,160 shares was reported by Kintayl Capital LP. Despite this, Lamb Weston's stock underperformed compared to competitors, leading to a significant 36% loss for investors who invested a year ago. Multiple investors, including Ninety One UK Ltd, Grandfield & Dodd LLC, and Edgestream Partners L.P., continue to demonstrate belief in the potential of LW, hoping for a market comeback as the company's volumes recover and cost initiatives gain traction. However, investigations into the company by Bronstein, Gewirtz & Grossman, LLC have raised queries among investors. Meanwhile, Lamb Weston continues to strategize to overcome industry headwinds, including appointing six new independent directors and issuing a new global sustainability report. LW even revised its price target from $62 to $55 and still struggles with a strained balance sheet while trying to maintain a solid position among the best packaged food stocks to buy.
Lamb Weston Holdings LW News Analytics from Thu, 19 Dec 2024 08:00:00 GMT to Sat, 19 Jul 2025 19:35:37 GMT -
Rating -3
- Innovation -1
- Information 7
- Rumor 2
