Algert Global Reduces Stake in Lamb Weston

Investment firm sells over 40,000 shares of specialty food retailer

Mar. 17, 2026 at 7:09am

Got story updates? Submit your updates here. ›

Algert Global LLC, a financial investment firm, has reduced its holdings in Lamb Weston (NYSE: LW) by 24% in the third quarter, according to a recent disclosure with the Securities & Exchange Commission. The firm now owns 128,013 shares of the specialty retailer's stock, down from 168,369 shares previously.

Why it matters

Lamb Weston is a leading global processor and supplier of frozen potato products, serving major quick-service restaurants, full-service operators, grocery chains, and food distributors. Changes in institutional ownership can signal shifts in investor sentiment around a company's prospects.

The details

Algert Global sold 40,356 shares of Lamb Weston during the third quarter, reducing its stake in the company to about 0.09% of the total shares outstanding. The investment firm cited portfolio rebalancing as the reason for the sale. Lamb Weston's stock price has declined in recent months, falling from a 52-week high of $67.07 to around $40 per share currently.

  • Algert Global filed its disclosure with the SEC in the third quarter of 2026.

The players

Algert Global LLC

A financial investment firm that has reduced its stake in Lamb Weston.

Lamb Weston

A leading global processor and supplier of frozen potato products, traded on the NYSE under the ticker symbol LW.

Got photos? Submit your photos here. ›

The takeaway

The reduction in Algert Global's position in Lamb Weston reflects broader market volatility and uncertainty around the specialty food retailer's outlook. Investors will be watching to see if other institutional holders make similar moves or if Lamb Weston can regain investor confidence through its operational performance.