Exploring La-Z-Boy Incorporated (LZB) Investor Profile: Who’s Buying and Why?

Ever wondered who's investing in La-Z-Boy Incorporated (LZB) and, more importantly, why? As of April 2025, the stock price stands at $38.46, with a market capitalization of $1.59 billion. Institutional investors own a significant portion of the company, holding approximately 96.93% of the shares. Are you curious about which firms are the top holders, like BlackRock, Inc., holding 6,571,123 shares representing 15.92% and Vanguard Group Inc., holding 4,983,768 shares representing 12.07%? Or perhaps you're interested in the strategies driving these investment decisions, especially given La-Z-Boy's diverse operations across wholesale and retail segments, with a trailing 12-month revenue of $2.09 billion? Dive in to uncover the LZB investor profile and the factors influencing their stakes in this iconic furniture company.

La-Z-Boy Incorporated (LZB) Who Invests in La-Z-Boy Incorporated (LZB) and Why?

Understanding the investor profile of La-Z-Boy Incorporated (LZB) involves examining the diverse range of individuals and institutions that hold its stock. These investors are typically drawn to the company's established market position, dividend payouts, and growth prospects within the furniture industry.

Key investor types in La-Z-Boy Incorporated (LZB) include:

• Retail Investors: These individual investors buy shares for their personal accounts, often through brokerage firms.
• Institutional Investors: These entities manage investments on behalf of others and include:
  • Mutual Funds: Pool money from many investors to purchase a wide range of stocks.
  • Pension Funds: Manage retirement funds for employees of public and private organizations.
  • Insurance Companies: Invest premiums to cover future claims.
  • Hedge Funds: Use various strategies to generate returns for their investors, often involving higher risk.

Investment motivations for these groups vary. Retail investors might be attracted to La-Z-Boy Incorporated (LZB)'s brand recognition and dividend yield. Institutional investors, on the other hand, conduct in-depth analysis to assess the company's financial health, growth potential, and competitive positioning. Here are some common factors that attract investors to La-Z-Boy Incorporated (LZB):

• Growth Prospects: Investors look for companies that can increase their earnings over time. La-Z-Boy Incorporated (LZB)'s strategies for expanding its market share, introducing new products, and improving efficiency can be attractive.
• Dividends: Dividend-paying stocks provide a steady stream of income for investors. La-Z-Boy Incorporated (LZB) has a history of paying dividends, which can be particularly appealing to income-seeking investors.
• Market Position: A company's competitive advantage and market share are important considerations. La-Z-Boy Incorporated (LZB)'s established brand and distribution network provide a strong foundation.

Investment strategies among La-Z-Boy Incorporated (LZB) investors also differ. Some may adopt a long-term holding strategy, while others engage in short-term trading to capitalize on price fluctuations. Value investors may see La-Z-Boy Incorporated (LZB) as undervalued based on its assets and earnings potential.

Here’s a look at potential investment strategies employed by different investor types:

• Long-Term Holding: Some investors buy and hold La-Z-Boy Incorporated (LZB) shares for extended periods, betting on the company's long-term success and dividend income.
• Short-Term Trading: Other investors may trade La-Z-Boy Incorporated (LZB) shares more frequently, aiming to profit from short-term price movements.
• Value Investing: Value investors seek out companies that they believe are trading below their intrinsic value. If they perceive La-Z-Boy Incorporated (LZB) as undervalued, they may invest in the stock.

For additional insights into La-Z-Boy Incorporated (LZB)'s mission, vision, and core values, you can explore: Mission Statement, Vision, & Core Values of La-Z-Boy Incorporated (LZB).

La-Z-Boy Incorporated (LZB) Institutional Ownership and Major Shareholders of La-Z-Boy Incorporated (LZB)

Institutional ownership in La-Z-Boy Incorporated (LZB) reflects the extent to which large financial institutions, such as mutual funds, pension funds, and hedge funds, hold shares in the company. Analyzing this ownership can provide insights into market sentiment and potential stock performance.

Here's an overview of LZB's institutional ownership profile:

• Vanguard Group: Vanguard is among the top institutional holders of La-Z-Boy shares.
• BlackRock Fund Advisors: BlackRock is another significant institutional investor in La-Z-Boy.
• Dimensional Fund Advisors LP: Dimensional Fund Advisors also holds a notable position in LZB.

These major institutional investors play a crucial role in La-Z-Boy's stock performance and strategic direction. Their investment decisions can influence market perception and stability of the stock. It is important to note that institutional holdings can change over time, reflecting adjustments in investment strategies and market conditions.

Changes in institutional ownership can signal shifts in investor confidence. An increase in institutional holdings might suggest a positive outlook on the company's future, while a decrease could indicate concerns about performance or market conditions.

The presence of large institutional investors can contribute to the stability of La-Z-Boy's stock. Their substantial holdings and long-term investment horizons can reduce volatility. These investors often engage with company management, influencing corporate governance and strategic decisions.

Here's a general illustrative table of potential institutional ownership (note: actual holdings may vary and should be verified through the latest filings):

Institutional investors' actions can have a significant impact on LZB’s stock price. Large purchases can drive up demand, while sales can exert downward pressure. Monitoring these changes is crucial for understanding market dynamics.

For more insights into La-Z-Boy's mission, vision, and core values, visit: Mission Statement, Vision, & Core Values of La-Z-Boy Incorporated (LZB).

La-Z-Boy Incorporated (LZB) Key Investors and Their Impact on La-Z-Boy Incorporated (LZB)

Understanding the investor profile of La-Z-Boy Incorporated (LZB) is crucial for assessing the company's stability, growth potential, and strategic direction. Key investors can exert considerable influence on company decisions and stock performance. Here's an overview of notable investors in La-Z-Boy Incorporated (LZB) and their recent activities.

Institutional investors hold a significant portion of La-Z-Boy Incorporated (LZB)'s shares. As of the latest reports, institutional ownership stands at approximately 91.70%. These institutions include investment firms, mutual funds, and insurance companies, reflecting broad confidence in the company's long-term prospects.

Here are some of the top institutional holders of La-Z-Boy Incorporated (LZB), based on publicly available data:

• BlackRock Institutional Trust Company, N.A.: Holds 6,102,499 shares, representing 14.78% of outstanding shares as of December 31, 2024. Recently, BlackRock increased its holdings by 164,995 shares.
• The Vanguard Group, Inc.: Owns 4,966,781 shares, accounting for 12.03% of outstanding shares as of December 31, 2024. Vanguard decreased its position slightly by 21,930 shares.
• Dimensional Fund Advisors, L.P.: Holds 2,975,857 shares, which is 7.21% of the outstanding shares as of December 31, 2024. Dimensional Fund Advisors reduced its holdings by 79,599 shares.
• State Street Global Advisors (US): Holds 1,719,399 shares, representing approximately 4.16% of the company. They increased their holdings by 47,390 shares as of December 31, 2024.
• LSV Asset Management: Owns 1,527,537 shares, accounting for 3.70% of outstanding shares. LSV Asset Management decreased its position by 97,768 shares as of December 31, 2024.
• Silvercrest Asset Management Group LLC: Holds 1,509,423 shares, or 3.66% of the outstanding shares. Silvercrest Asset Management Group LLC reduced its holdings by 83,539 shares as of December 31, 2024.
• Macquarie Investment Management: Holds 1,164,498 shares, representing approximately 2.82%. They decreased their holdings by 3,675 shares as of December 31, 2024.
• American Century Investment Management, Inc.: Holds 1,149,236 shares, accounting for about 2.78% of the company. They increased their holdings by 33,416 shares as of December 31, 2024.
• William Blair Investment Management, LLC: Holds 999,523 shares, or around 2.42% of the outstanding shares and increased their holdings by 24,125 shares as of December 31, 2024.
• Geode Capital Management, L.L.C.: Holds 980,474 shares, representing 2.37% of total shares outstanding. They decreased their holdings by 2,380 shares as of December 31, 2024.

In addition to institutional investors, mutual funds also hold significant stakes in La-Z-Boy Incorporated (LZB). Top mutual fund holders include:

• iShares Core S&P Small-Cap ETF: Holds 2,563,073 shares, accounting for 6.21% of outstanding shares as of March 31, 2025. The fund decreased its position by 116,551 shares.
• Vanguard Total Stock Market Index Fund: Holds 1,336,747 shares, representing 3.24% of outstanding shares as of March 31, 2025. The fund increased its holdings by 4,681 shares.
• iShares Russell 2000 ETF: Holds 1,118,389 shares, accounting for 2.71% of outstanding shares as of March 31, 2025, increasing its position by 9,826 shares.
• Avantis US Small Cap Value ETF: Holds 1,034,023 shares, or 2.50% of the outstanding shares, increasing its position by 82,629 shares as of March 31, 2025.
• Vanguard Small-Cap Index Fund: Holds 1,029,149 shares, representing 2.49% of total shares outstanding. The fund decreased its holdings by 29,898 shares as of March 31, 2025.
• Fuller & Thaler Behavioral Small-Cap Equity Fund: Holds 915,654 shares, accounting for 2.22% of the company.
• Macquarie Small Cap Core Fund: Holds 833,636 shares, representing 2.02% of total shares outstanding.

Besides institutional and mutual fund ownership, insider ownership also plays a role, though to a lesser extent. As of the latest reporting period, insider ownership of La-Z-Boy Incorporated (LZB) is approximately 1.2%. Notable individual shareholders include:

• Kurt L. Darrow: (Chairman, President, and CEO) owns 709,166 shares.
• Melinda D. Whittington: (CFO) owns 126,437 shares.
• The Directorship Group collectively owns 342,915 shares.

Recent trading activity by La-Z-Boy Incorporated (LZB) insiders reveals more sales than purchases. For example, Jennifer Lynn McCurry (Chief Accounting Officer) sold 4,414 shares for an estimated $182,325, and Janet Kerr sold 3,890 shares for approximately $159,050.

Institutional investors' actions, such as increasing or decreasing their stakes, can influence stock movements. For instance, BlackRock, Inc. added 193,087 shares in Q4 2024, while Pacer Advisors, Inc. significantly reduced their holdings by 1,394,677 shares during Q3 2024. These large-scale transactions can signal confidence or concern about the company’s prospects, impacting investor sentiment and stock prices.

Here's a summary of recent significant moves by hedge funds:

• PACER ADVISORS, INC. removed 1,394,677 shares (-100.0%) in Q3 2024.
• BRIDGEWAY CAPITAL MANAGEMENT, LLC removed 316,257 shares (-85.8%) in Q4 2024.
• BALYASNY ASSET MANAGEMENT L.P. removed 273,498 shares (-88.0%) in Q4 2024.
• HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC removed 259,140 shares (-100.0%) in Q3 2024.
• WELLINGTON MANAGEMENT GROUP LLP added 237,578 shares (+321.1%) in Q4 2024.
• WEISS ASSET MANAGEMENT LP added 196,763 shares (+141.1%) in Q4 2024.
• BLACKROCK, INC. added 193,087 shares (+3.0%) in Q4 2024.

For further insights into La-Z-Boy Incorporated (LZB)'s financial standing, you might find this resource helpful: Breaking Down La-Z-Boy Incorporated (LZB) Financial Health: Key Insights for Investors

Understanding these investor dynamics provides a comprehensive view of who is investing in La-Z-Boy Incorporated (LZB) and how their actions might influence the company's future.

La-Z-Boy Incorporated (LZB) Market Impact and Investor Sentiment

Understanding investor sentiment and market reactions to La-Z-Boy Incorporated (LZB) is crucial for assessing the company's current standing and future prospects. Examining major shareholders' attitudes, recent market behaviors, and analyst insights provides a comprehensive view of LZB's financial health and investor confidence.

As of December 31, 2024, La-Z-Boy had 42,873,304 shares outstanding.

Investor sentiment toward La-Z-Boy Incorporated (LZB) appears mixed, influenced by various factors including company performance, economic conditions, and broader market trends. Recent news indicates both positive and negative sentiment, reflecting the complexities of the current market environment.

Recent market reactions to La-Z-Boy's stock have been influenced by several factors:

• Earnings Reports: Positive earnings surprises generally lead to an increase in stock price, while disappointing results can cause declines.
• Economic Indicators: As a furniture company, LZB's performance is closely tied to economic indicators like housing market trends, consumer confidence, and disposable income.
• Company Announcements: Major announcements regarding new products, partnerships, or strategic initiatives can also impact market sentiment and stock performance.

For instance, La-Z-Boy announced a quarterly cash dividend of $0.28 per share, payable on June 17, 2024, to shareholders of record as of June 7, 2024. This type of announcement can positively influence investor sentiment, signaling financial stability and a commitment to returning value to shareholders.

Here's a look at significant ownership details:

• Vanguard Group Inc: Holds 4,489,934 shares.
• BlackRock Inc: Holds 3,864,428 shares.
• Dimensional Fund Advisors LP: Holds 2,143,928 shares.

These major shareholders' decisions and sentiments can significantly influence the stock's stability and direction. Monitoring their activity provides insights into the overall confidence in La-Z-Boy's prospects.

Analyst perspectives on La-Z-Boy often highlight the company's strengths and challenges:

• Strengths: Strong brand recognition, extensive distribution network, and a history of innovation.
• Challenges: Sensitivity to economic cycles, competition from online retailers, and fluctuations in raw material costs.

Analysts at firms like DA Davidson have a 'Buy' rating on La-Z-Boy with a price target of $44.00, suggesting confidence in the company's growth potential. Other analysts may offer varied perspectives based on different valuation models and market outlooks.

Here's a summary of analyst ratings:

These ratings reflect a blend of optimism and caution, considering La-Z-Boy's market position and economic vulnerabilities.

Understanding these factors—investor sentiment, market reactions, and analyst perspectives—is essential for stakeholders looking to make informed decisions about La-Z-Boy Incorporated. Monitoring these dynamics provides a nuanced view of the company's performance and potential.