BlackRock Amends Lamb Weston Stake, Maintains Passive Investment

Ticker: LW · Form: SC 13G/A · Filed: 2024-01-26T00:00:00.000Z

Sentiment: neutral

Topics: institutional-ownership, passive-investment, amendment, form-13g

TL;DR

**BlackRock still owns a chunk of Lamb Weston, signaling continued institutional interest.**

AI Summary

BlackRock Inc. filed an amended SC 13G/A on January 26, 2024, disclosing its ownership of Lamb Weston Holdings, Inc. common stock as of December 31, 2023. This amendment, number 8, indicates BlackRock's continued significant passive investment in Lamb Weston. For investors, this filing confirms that a major institutional investor like BlackRock maintains a substantial stake, which can signal confidence in the company's long-term prospects, potentially influencing stock stability and investor sentiment.

Why It Matters

This filing shows BlackRock, a massive asset manager, still holds a significant position in Lamb Weston, which can be a vote of confidence for current and potential shareholders.

Risk Assessment

Risk Level: low — This is a routine amendment by a passive investor and does not indicate any immediate risk or significant change in company control.

Analyst Insight

An investor should note that BlackRock's continued passive ownership suggests stability, but this filing alone doesn't provide new information for a buy/sell decision. It's a routine update confirming an existing institutional position.

Key Players & Entities

FAQ

What type of filing is this document?

This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as indicated by 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 8)'.

Who is the reporting person in this filing?

The reporting person is BlackRock, Inc., as stated under '(1)Names of reporting persons. BlackRock, Inc.' and in the 'FILED BY' section.

What is the subject company whose securities are being reported?

The subject company is Lamb Weston Holdings, Inc., as indicated by 'SUBJECT COMPANY: COMPANY CONFORMED NAME: Lamb Weston Holdings, Inc.' and '(Name of Issuer) LAMB WESTON HOLDINGS INC'.

What was the 'Date of Event Which Requires Filing of this Statement'?

The date of the event which requires filing of this statement was December 31, 2023, as explicitly stated in the filing.

Under which rule is this Schedule 13G filed?

This Schedule 13G is filed under Rule 13d-1(b), as indicated by the 'X' next to '[X] Rule 13d-1(b)'.

From the Filing

0001086364-24-004325.txt : 20240126 0001086364-24-004325.hdr.sgml : 20240126 20240126114941 ACCESSION NUMBER: 0001086364-24-004325 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240126 DATE AS OF CHANGE: 20240126 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Lamb Weston Holdings, Inc. CENTRAL INDEX KEY: 0001679273 STANDARD INDUSTRIAL CLASSIFICATION: CANNED, FROZEN & PRESERVED FRUIT, VEG & FOOD SPECIALTIES [2030] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 611797411 FISCAL YEAR END: 0526 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-89775 FILM NUMBER: 24565824 BUSINESS ADDRESS: STREET 1: 599 S. RIVERSHORE LANE CITY: EAGLE STATE: ID ZIP: 83616 BUSINESS PHONE: 208.938.1047 MAIL ADDRESS: STREET 1: 599 S. RIVERSHORE LANE CITY: EAGLE STATE: ID ZIP: 83616 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 us5132721045_012624.txt us5132721045_012624.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 8) LAMB WESTON HOLDINGS INC -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 513272104 -------------------------------------------------------- (CUSIP Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 513272104 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 10008687 (6) Shared voting power 0 (7) Sole dispositive power 11044497 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 11044497 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 7.6% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- LAMB WESTON HOLDINGS INC Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 599 S. RIVERSHORE LANE EAGLE ID 83616 Item 2. 2(a) Name of person filing: ---------------------------------------------------------------------- BlackRock, Inc. 2(b) Address or principal business office or, if none, residence: -----------------------

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