LAMRNasdaqReal Estate Investment TrustsFiscal year ends December 31
LAMAR ADVERTISING CO/NEW
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$150.92+0.82 (+0.55%)
Close on Oct 19, 2026
- Market cap
- $15.33B
- P/E (TTM)
- 27.5
- Dividend yield
- 4.27%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
84.4%
86M of 102M shares
Institutional holders
777
134 new, 40 sold out
Net institutional buying
3M
In Q2 2026
Insider trades, 12 months
0 buys · 4 sales
Net sold $3.72M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 9,813,265 | 11.30% | 13G (passive) amendment | Mar 31, 2026 |
| Vanguard Portfolio Management | 7,507,738 | 8.63% | 13G (passive) | Mar 31, 2026 |
| Vanguard Capital Management | 4,560,715 | 5.24% | 13G (passive) | Mar 31, 2026 |
| Kevin P. Reilly, Jr. | 11,845,257 | 11.70% | 13G (passive) amendment | Dec 31, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of LAMR | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 9,614,182 | 9.47% | $1.50B | −368,095 | 0.02% |
| Vanguard Portfolio Management LLC | 7,506,411 | 7.39% | $1.17B | +21,344 | 0.05% |
| Vanguard Capital Management LLC | 3,927,671 | 3.87% | $612.64M | +29,579 | 0.01% |
| FMR LLC | 3,170,047 | 3.12% | $494.46M | −633,106 | 0.02% |
| Geode Capital Management, LLC | 2,807,453 | 2.76% | $437.97M | +273,859 | 0.02% |
| State Street Corp | 2,728,605 | 2.69% | $425.61M | +49,632 | 0.01% |
| Jupiter Topco LLC | 2,724,525 | 2.68% | $425.00M | New | 0.17% |
| Victory Capital Management Inc | 2,342,304 | 2.31% | $365.35M | −568,149 | 0.20% |
| Boston Partners | 2,317,282 | 2.28% | $361.46M | +80,643 | 0.32% |
| Wellington Management Group Llp | 2,125,742 | 2.09% | $331.57M | +27,100 | 0.06% |
| Cohen & Steers, Inc. | 2,111,982 | 2.08% | $329.43K | −298,107 | 0.52% |
| Northern Trust Corp | 1,536,592 | 1.51% | $239.68M | −21,497 | 0.03% |
| Morgan Stanley | 1,435,353 | 1.41% | $223.89M | +58,996 | 0.01% |
| Aqr Capital Management LLC | 1,434,345 | 1.41% | $222.01M | +189,242 | 0.08% |
| Charles Schwab Investment Management Inc | 1,342,240 | 1.32% | $209.36M | +50,738 | 0.03% |
| Hamlin Capital Management, LLC | 1,340,213 | 1.32% | $209.05M | −40,454 | 4.70% |
| Dimensional Fund Advisors LP | 1,310,044 | 1.29% | $204.34M | +2,951 | 0.04% |
| Egerton Capital (UK) LLP | 1,090,619 | 1.07% | $170.11M | +1,875 | 1.64% |
| Price T Rowe Associates Inc /Md/ | 1,060,982 | 1.04% | $165.49K | −185,946 | 0.02% |
| DAVENPORT & Co LLC | 1,012,248 | 1.00% | $158.01M | −71,026 | 0.78% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 777 | 86M | 84.4% | 134 / 295 | 235 / 40 | 8M | 6M |
| Q1 2026 | 692 | 86M | 84.6% | 79 / 280 | 223 / 55 | 18M | 6M |
| Q4 2025 | 679 | 86M | 84.9% | 95 / 232 | 247 / 52 | 4M | 7M |
| Q3 2025 | 647 | 89M | 87.6% | 79 / 252 | 217 / 45 | 7M | 5M |
| Q2 2025 | 620 | 87M | 85.7% | 82 / 263 | 190 / 66 | 7M | 6M |
| Q1 2025 | 612 | 86M | 84.7% | 75 / 255 | 191 / 56 | 7M | 5M |
| Q4 2024 | 599 | 85M | 83.6% | 72 / 233 | 198 / 46 | 8M | 6M |
| Q3 2024 | 581 | 84M | 82.4% | 86 / 210 | 214 / 49 | 15M | 6M |
| Q2 2024 | 549 | 84M | 82.5% | 78 / 184 | 202 / 40 | 3M | 7M |
| Q1 2024 | 516 | 87M | 86.0% | 64 / 189 | 182 / 44 | 5M | 5M |
| Q4 2023 | 500 | 87M | 85.9% | 86 / 150 | 205 / 36 | 10M | 5M |
| Q3 2023 | 453 | 83M | 81.3% | 48 / 177 | 172 / 61 | 5M | 4M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of LAMR | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Real Estate Index Fund | 3,271,135 | 3.22% | $523.25M | 0.72% | Jul 31, 2026 |
| iShares Core S&P Mid-Cap ETF | 2,979,198 | 2.93% | $464.70M | 0.37% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 2,764,634 | 2.72% | $431.23M | 0.02% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 1,996,084 | 1.97% | $311.35M | 0.16% | Jun 30, 2026 |
| Victory Sycamore Established Value Fund | 1,695,000 | 1.67% | $264.39M | 1.71% | Jun 30, 2026 |
| Disciplined Value Mid Cap Fund | 1,525,503 | 1.50% | $237.95M | 1.03% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 997,813 | 0.98% | $155.64M | 0.16% | Jun 30, 2026 |
| Income Fund of America | 903,020 | 0.89% | $144.45M | 0.10% | Jul 31, 2026 |
| Janus Henderson Enterprise Fund | 808,899 | 0.80% | $126.17M | 0.56% | Jun 30, 2026 |
| Vanguard Small-Cap Value Index Fund | 632,357 | 0.62% | $98.64M | 0.15% | Jun 30, 2026 |
| Schwab U.S. REIT ETF | 614,495 | 0.61% | $93.69M | 0.94% | May 31, 2026 |
| Vanguard Real Estate Ii Index Fund | 580,244 | 0.57% | $92.82M | 0.85% | Jul 31, 2026 |
| Vanguard Small-Cap Growth Index Fund | 575,586 | 0.57% | $89.78M | 0.19% | Jun 30, 2026 |
| Fidelity Equity-Income Fund | 559,778 | 0.55% | $89.54M | 0.75% | Jul 31, 2026 |
| Hamlin High Dividend Equity Fund | 546,544 | 0.54% | $85.25M | 4.70% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Kevin P. Reilly Jr | Executive Chairman, Director, 10% owner | 11,219,646 | 11.05% | Mar 12, 2026 |
| Jay LeCoryelle Johnson | CFO, Treasurer, EVP | 0 | – | May 12, 2026 |
| Ross Lamar Reilly | EVP, President, Outdoor Div | 2,378,100 | 2.34% | Mar 25, 2026 |
| Sean E. Reilly | Chief Executive Officer | 1,607,155 | 1.58% | Mar 12, 2026 |
| Thomas V. Reifenheiser | Director | 36,387 | 0.04% | Sep 16, 2026 |
| Anna Reilly | Director | 10,148,463 | 9.99% | Jun 15, 2026 |
| John E. Koerner Iii | Director | 34,424 | 0.03% | May 18, 2026 |
| Marshall A. Loeb | Director | 6,418 | 0.01% | May 18, 2026 |
| Elizabeth Mary Thompson | Director | 5,608 | 0.01% | May 18, 2026 |
| Nancy Fletcher | Director | 7,053 | 0.01% | May 18, 2026 |
| Mitchell Landrieu | Director | 1,192 | 0.00% | May 18, 2026 |
| Stephen P. Mumblow | Director | 9,377 | 0.01% | May 18, 2026 |
| Wendell Reilly | Director | 512,672 | 0.50% | May 18, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Thomas V. Reifenheiser Director | Sep 14, 2026 | Sale | −8,099 | $149.03 | $1.21M | 36,387 |
| Thomas V. Reifenheiser Director | Jun 23, 2026 | Gift | −328 | – | – | 44,486 |
| Anna Reilly Director | Jun 12, 2026 | Award | +485 | – | – | 148,463 |
| Mitchell Landrieu Director | May 14, 2026 | Award | +542 | – | – | 1,192 |
| John E. Koerner Iii Director | May 14, 2026 | Award | +644 | – | – | 34,424 |
| Nancy Fletcher Director | May 14, 2026 | Award | +644 | – | – | 7,053 |
| Marshall A. Loeb Director | May 14, 2026 | Award | +542 | – | – | 6,418 |
| Thomas V. Reifenheiser Director | May 14, 2026 | Award | +542 | – | – | 44,814 |
| Wendell Reilly Director | May 14, 2026 | Award | +508 | – | – | 7,672 |
| Elizabeth Mary Thompson Director | May 14, 2026 | Award | +542 | – | – | 5,608 |
| Stephen P. Mumblow Director | May 14, 2026 | Award | +678 | – | – | 9,377 |
| Jay LeCoryelle Johnson CFO, Treasurer, EVP | May 11, 2026 | Sale | −10,000 | $157.02 | $1.57M | 0 |
| Ross Lamar Reilly EVP, President, Outdoor Div | Mar 23, 2026 | Sale | −5,969 | $128.65 | $767.91K | 15,850 |
| Ross Lamar Reilly EVP, President, Outdoor Div | Mar 23, 2026 | Option exercise | +9,000 | $65.82 | $592.38K | 21,819 |
| Jay LeCoryelle Johnson CFO, Treasurer, EVP | Mar 5, 2026 | Sale | −1,260 | $137.56 | $173.33K | 0 |
| Jay LeCoryelle Johnson CFO, Treasurer, EVP | Mar 2, 2026 | Option exercise | +1,260 | – | – | 1,260 |
| Ross Lamar Reilly EVP, President, Outdoor Div | Feb 18, 2026 | Award | +1,600 | – | – | 13,263 |
| Ross Lamar Reilly EVP, President, Outdoor Div | Feb 18, 2026 | Tax withholding | −444 | $133.73 | $59.38K | 12,819 |
| Jay LeCoryelle Johnson CFO, Treasurer, EVP | Aug 22, 2025 | Sale | −6,700 | $124.44 | $833.75K | 7,180 |
| Jay LeCoryelle Johnson CFO, Treasurer, EVP | Aug 22, 2025 | Sale | −7,180 | $125.59 | $901.74K | 0 |
| Jay LeCoryelle Johnson CFO, Treasurer, EVP | Aug 22, 2025 | Sale | −8,120 | $123.00 | $998.76K | 13,880 |
| Jay LeCoryelle Johnson CFO, Treasurer, EVP | Aug 19, 2025 | Option exercise | +22,000 | – | – | 22,000 |
| Mitchell Landrieu Director | May 27, 2025 | Award | +650 | – | – | 650 |
| Marshall A. Loeb Director | May 15, 2025 | Award | +684 | – | – | 5,876 |
| Wendell Reilly Director | May 15, 2025 | Award | +641 | – | – | 7,164 |
| Nancy Fletcher Director | May 15, 2025 | Award | +684 | – | – | 6,409 |
| Stephen P. Mumblow Director | May 15, 2025 | Award | +855 | – | – | 8,699 |
| John E. Koerner Iii Director | May 15, 2025 | Award | +812 | – | – | 33,780 |
| Elizabeth Mary Thompson Director | May 15, 2025 | Award | +684 | – | – | 5,066 |
| Anna Reilly Director | May 15, 2025 | Award | +641 | – | – | 147,978 |
| Nancy Fletcher Director | Feb 24, 2025 | Buy | +235 | $123.18 | $28.95K | 5,725 |
| Sean E. Reilly Chief Executive Officer | Dec 20, 2024 | Gift | −48,513 | – | – | 0 |
| Thomas V. Reifenheiser Director | May 16, 2024 | Award | +812 | – | – | 44,272 |
| Nancy Fletcher Director | May 16, 2024 | Award | +665 | – | – | 5,490 |
| John E. Koerner Iii Director | May 16, 2024 | Award | +790 | – | – | 32,968 |
| Wendell Reilly Director | May 16, 2024 | Award | +623 | – | – | 6,523 |
| Elizabeth Mary Thompson Director | May 16, 2024 | Award | +665 | – | – | 4,382 |
| Marshall A. Loeb Director | May 16, 2024 | Award | +665 | – | – | 5,192 |
| Thomas V. Reifenheiser Director | May 16, 2024 | Award | +790 | – | – | 43,460 |
| Stephen P. Mumblow Director | May 16, 2024 | Award | +831 | – | – | 7,844 |
| Anna Reilly Director | May 16, 2024 | Award | +623 | – | – | 147,337 |
| John E. Koerner Iii Director | May 10, 2024 | Sale | −15,108 | $120.15 | $1.82M | 32,178 |
| John E. Koerner Iii Director | May 10, 2024 | Sale | −1,892 | $119.28 | $225.68K | 47,286 |
| Jay LeCoryelle Johnson CFO, Treasurer, EVP | Mar 7, 2024 | Sale | −5,000 | $118.97 | $594.85K | 10,000 |
| Jay LeCoryelle Johnson CFO, Treasurer, EVP | Sep 5, 2023 | Sale | −5,000 | $89.50 | $447.50K | 15,000 |
| Nancy Fletcher Director | Sep 1, 2023 | Buy | +100 | $91.94 | $9.19K | 4,825 |
| Nancy Fletcher Director | May 10, 2023 | Award | +838 | – | – | 4,725 |
| John E. Koerner Iii Director | May 10, 2023 | Award | +996 | – | – | 49,178 |
| Wendell Reilly Director | May 10, 2023 | Award | +786 | – | – | 5,900 |
| Elizabeth Mary Thompson Director | May 10, 2023 | Award | +838 | – | – | 3,717 |
| Anna Reilly Director | May 10, 2023 | Award | +786 | – | – | 146,714 |
| Stephen P. Mumblow Director | May 10, 2023 | Award | +1,048 | – | – | 7,013 |
| Marshall A. Loeb Director | May 10, 2023 | Award | +838 | – | – | 4,527 |
| Thomas V. Reifenheiser Director | May 10, 2023 | Award | +996 | – | – | 42,670 |
| Jay LeCoryelle Johnson CFO, Treasurer, EVP | Mar 20, 2023 | Sale | −6,000 | $95.63 | $573.78K | 20,000 |
| Nancy Fletcher Director | Feb 28, 2023 | Buy | +200 | $105.23 | $21.05K | 3,887 |
| Thomas V. Reifenheiser Director | Nov 28, 2022 | Sale | −2,200 | $98.61 | $216.94K | 39,671 |
| Wendell Reilly Director | Nov 25, 2022 | Option exercise | +4,000 | $42.21 | $168.84K | 9,114 |
| Wendell Reilly Director | Nov 25, 2022 | Sale | −4,000 | $100.00 | $400.00K | 5,114 |
| Thomas V. Reifenheiser Director | Nov 16, 2022 | Sale | −4,425 | $95.50 | $422.59K | 43,874 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| V. Reifenheiser Thomas Director | Sep 14, 2026 | 8,099 | $1.21M | Sep 14, 2026 | Transfer |
| LeCoryelle Johnson Jay Officer | May 11, 2026 | 10,000 | $1.58M | May 11, 2026 | Compensation |
| Reilly Ross Officer | Mar 23, 2026 | 5,969 | $767.91K | Mar 23, 2026 | Stock Option Exercise |
| LeCoryelle Johnson Jay CFO | Mar 5, 2026 | 1,260 | $175.29K | Mar 5, 2026 | Partnership Inits |
| LeCoryelle Johnson Jay CFO | Aug 22, 2025 | 22,000 | $2.73M | Aug 22, 2025 | Partnership Inits |
| John E. Koerner Iii Director | May 10, 2024 | 17,000 | $2.04M | May 10, 2024 | Open Market |
| LeCoryelle Johnson Jay Affiliate | Mar 7, 2024 | 5,000 | $587.75K | Mar 7, 2024 | RSU Vesting |
| LeCoryelle Johnson Jay Affiliate | Sep 5, 2023 | 5,000 | $448.75K | Sep 5, 2023 | RSU Vesting |