SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Disclose 4.8% Passive Stake in Lamar Advertising Co.

FMR LLC and Abigail P. Johnson have filed an amended Schedule 13G, reporting a passive beneficial ownership of 4.8% of Lamar Advertising Co.'s Class A Common Stock as of March 31, 2025.

Summary

• FMR LLC and Abigail P. Johnson filed an Amendment No. 3 to Schedule 13G regarding their beneficial ownership in Lamar Advertising Co.
• The filing indicates beneficial ownership of 4,215,464.20 shares of Lamar Advertising Co.'s Class A Common Stock.
• This aggregate amount represents 4.8% of the Class A Common Stock outstanding.
• FMR LLC holds sole voting power over 4,152,512.48 shares and sole dispositive power over 4,215,464.20 shares.
• Abigail P. Johnson, as a Director, Chairman, and CEO of FMR LLC, is deemed to have sole dispositive power over 4,215,464.20 shares.
• The filing is made under Rule 13d-1(b), signifying that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
• The Johnson family, including Abigail P. Johnson, are predominant owners of FMR LLC's Series B voting common shares, representing 49% of the voting power.

Sentiment

Score: 5

Explanation: Neutral, as this is a routine disclosure of passive ownership and does not contain performance or strategic updates.

Future Outlook

NA

Industry Context

NA

Key Dates

Keywords

Lamar Advertising Co., FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Class A Common Stock, SEC Filing, Passive Investment, Institutional Investor