Lamb Weston stake increased by JANA Partners Management LP

JANA Partners Management LP increased its stake in Lamb Weston by 7.7% during the second quarter, according to recent SEC filings. The firm now holds 5,394,635 shares, representing approximately 12.2% of its total holdings and making the specialty retailer its fourth largest position. The total value of JANA Partners' stake is estimated at $232,940,000.

Other institutional investors have also adjusted their positions in Lamb Weston. Jones Financial Companies Lllp, Edmond DE Rothschild Holding S. A., and Bell Investment Advisors Inc all established new stakes during the second quarter. Additionally, MCF Advisors LLC and Hantz Financial Services Inc reported increased holdings in previous quarters. Currently, institutional investors own 89.56% of the company's stock.

Regarding market outlook, Barclays recently raised its price target for Lamb Weston from $50.00 to $56.00, assigning the stock an ‘overweight’ rating.