Lancaster ColonyLANC
LANC
0
Funds holding %
of 6,831 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
686% more call options, than puts
Call options by funds: $7.63M | Put options by funds: $970K
10% more repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 119
9% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 35
0% less funds holding
Funds holding: 334 [Q2] → 333 (-1) [Q3]
0.74% less ownership
Funds ownership: 62.6% [Q2] → 61.86% (-0.74%) [Q3]
8% less capital invested
Capital invested by funds: $3.26B [Q2] → $3.01B (-$249M) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$196
14%
upside
Avg. target
$212
23%
upside
High target
$227
32%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Stephens & Co. Jim Salera 37% 1-year accuracy 16 / 43 met price target | 14%upside $196 | Equal-Weight Reiterated | 19 Nov 2024 |
Loop Capital Alton Stump 26% 1-year accuracy 5 / 19 met price target | 32%upside $227 | Buy Maintained | 1 Nov 2024 |
Financial journalist opinion
Neutral
Business Wire
5 days ago
Lancaster Colony to Webcast Second Quarter Fiscal Year 2025 Conference Call
WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that it will release its second quarter fiscal year 2025 financial results prior to the opening of the market on Tuesday, February 4, 2025. The company will also host a conference call that same day beginning at 10:00 am ET to review its financial results. The conference call will be webcast live via the Internet. To listen to the webcast, go to the company's website, www.lancastercolony.com, click o.
Positive
Seeking Alpha
1 month ago
14 Upcoming Dividend Increases, Including A King
Happy Thanksgiving! Enjoy the holiday season and dividend raises. Fourteen companies increased dividends this week, with Lancaster Colony extending its 62-year streak by 5.6%. The average dividend increase is 5.5%, and McDonald's will become a dividend king next year with a 49-year streak. My strategy involves buying, holding, and adding to companies that consistently increase dividends and beat benchmarks, using data from U.S. Dividend Champions and NASDAQ.
Neutral
Zacks Investment Research
2 months ago
LANC to Acquire Atlanta-Based Sauce and Dressing Production Plant
Lancaster Colony's acquisition of a sauce and dressing production facility is a strategic move to fuel ongoing growth and meet its long-term business objectives.
Neutral
Business Wire
2 months ago
Lancaster Colony to Acquire Sauce and Dressing Production Facility
WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today their planned acquisition of a sauce and dressing production facility located in Atlanta, Georgia from Winland Foods, Inc. This asset purchase transaction is expected to close in the first quarter of calendar year 2025, subject to customary closing conditions, with a purchase price of approximately $75 million. The production facility accounts for a total of approximately 300,000 square feet, of whic.
Neutral
Business Wire
2 months ago
Lancaster Colony Increases Regular Cash Dividend; Reelects Three Incumbent Directors
WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has declared a quarterly cash dividend of 95 cents per common share, marking 62 consecutive years of increasing regular cash dividends. The company is one of only 12 U.S. companies with 62 straight years of regular cash dividend increases. The dividend will be payable December 31, 2024 to shareholders of record on December 5, 2024. As of the record date for today's annual.
Neutral
Seeking Alpha
2 months ago
Lancaster Colony Corporation (LANC) Q1 2025 Earnings Call Transcript
Lancaster Colony Corporation (NASDAQ:LANC ) Q1 2025 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Dale Ganobsik - VP, Corporate Finance and IR David Ciesinski - President and CEO Thomas Pigott - CFO Conference Call Participants James Salera - Stephens Andrew Wolf - CL King Brian Holland - D.A. Davidson Alton Stump - Loop Capitals Todd Brooks - The Benchmark Company Robert Dickerson - Jefferies Operator Good morning.
Negative
Zacks Investment Research
2 months ago
Lancaster Colony (LANC) Q1 Earnings Lag Estimates
Lancaster Colony (LANC) came out with quarterly earnings of $1.62 per share, missing the Zacks Consensus Estimate of $1.70 per share. This compares to earnings of $1.70 per share a year ago.
Neutral
Business Wire
2 months ago
Lancaster Colony Reports First Quarter Sales and Earnings
WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the company's fiscal first quarter ended September 30, 2024. Summary Consolidated net sales increased 1.1% to a first quarter record $466.6 million. Retail segment net sales declined 1.1% to $239.6 million. Note that excluding all sales attributed to the perimeter-of-the-store bakery product lines we exited this past March, Retail segment net sales grew 1.4%. Foodservice segment net sales.
Positive
Zacks Investment Research
3 months ago
3 Reasons Growth Investors Will Love Lancaster Colony (LANC)
Lancaster Colony (LANC) could produce exceptional returns because of its solid growth attributes.
Neutral
Zacks Investment Research
3 months ago
Lancaster Colony (LANC) Reports Next Week: What to Know Ahead of the Release
Lancaster Colony (LANC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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