Proficio Capital Partners LLC bought a new stake in shares of Lands’ End, Inc. (NASDAQ:LE – Free Report) during the second quarter, Holdings Channel reports. The fund bought 75,545 shares of the company’s stock, valued at approximately $792,000.
Other institutional investors have also recently added to or reduced their stakes in the company. Weiss Asset Management LP purchased a new stake in Lands’ End in the 1st quarter worth $8,990,000. Towerview LLC lifted its holdings in Lands’ End by 37.5% during the first quarter. Towerview LLC now owns 592,701 shares of the company’s stock valued at $6,662,000 after purchasing an additional 161,701 shares in the last quarter. Bank of America Corp DE lifted its holdings in Lands’ End by 29.9% during the first quarter. Bank of America Corp DE now owns 532,956 shares of the company’s stock valued at $5,990,000 after purchasing an additional 122,650 shares in the last quarter. Ancora Advisors LLC acquired a new stake in shares of Lands’ End in the second quarter valued at about $1,219,000. Finally, Sei Investments Co. acquired a new stake in shares of Lands’ End in the first quarter valued at about $719,000. Institutional investors and hedge funds own 37.46% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research analysts recently weighed in on the stock. Weiss Ratings upgraded shares of Lands’ End from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, June 11th. Wall Street Zen cut Lands’ End from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. Finally, Noble Financial started coverage on Lands’ End in a report on Thursday, June 18th. They issued an “outperform” rating and a $20.00 price objective on the stock. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $20.00.
Lands’ End Stock Performance
LE opened at $11.81 on Wednesday. The firm has a market capitalization of $363.05 million, a PE ratio of 1.07 and a beta of 2.30. Lands’ End, Inc. has a twelve month low of $9.56 and a twelve month high of $20.04. The firm’s 50-day moving average price is $11.97 and its 200 day moving average price is $12.61. The company has a current ratio of 1.58, a quick ratio of 0.37 and a debt-to-equity ratio of 0.06.
Lands’ End (NASDAQ:LE – Get Free Report) last released its quarterly earnings data on Tuesday, June 9th. The company reported ($0.11) EPS for the quarter, beating analysts’ consensus estimates of ($0.21) by $0.10. Lands’ End had a net margin of 26.24% and a return on equity of 8.22%. The company had revenue of $238.92 million during the quarter, compared to the consensus estimate of $268.68 million. During the same quarter in the prior year, the firm earned ($0.27) EPS. Lands’ End has set its FY 2026 guidance at 0.320-0.650 EPS and its Q2 2026 guidance at 0.060-0.160 EPS. As a group, sell-side analysts expect that Lands’ End, Inc. will post 0.49 EPS for the current fiscal year.
Lands’ End Company Profile
Lands’ End, Inc (NASDAQ: LE) is an American retailer specializing in casual apparel, accessories and home goods. Headquartered in Dodgeville, Wisconsin, the company sells its products through a combination of direct-to-consumer channels including e-commerce, catalogues and a network of outlet stores. Lands’ End is known for its nautical-inspired designs, functional outerwear and commitment to quality fabrics.
Founded in 1963 by Gary Comer as a mail-order sailing supply business, Lands’ End rapidly expanded its product offering beyond marine gear.
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