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Retirement Systems of Alabama Boosts Holdings in Louisiana-Pacific Co. (NYSE:LPX)

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Retirement Systems of Alabama Boosts Holdings in Louisiana-Pacific Co. (NYSE:LPX)



Retirement Systems of Alabama increased its holdings in Louisiana-Pacific Co. (NYSE:LPX – Free Report) by 0.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 80,596 shares of the building manufacturing company’s stock after buying an additional 220 shares during the quarter. Retirement Systems of Alabama owned 0.11% of Louisiana-Pacific worth $6,763,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in LPX. Channing Capital Management LLC purchased a new position in Louisiana-Pacific during the fourth quarter valued at approximately $73,662,000. Norges Bank purchased a new position in Louisiana-Pacific during the fourth quarter valued at approximately $53,186,000. Balyasny Asset Management L.P. lifted its holdings in Louisiana-Pacific by 16,827.7% during the fourth quarter. Balyasny Asset Management L.P. now owns 717,059 shares of the building manufacturing company’s stock valued at $50,789,000 after purchasing an additional 712,823 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of Louisiana-Pacific by 83.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,563,117 shares of the building manufacturing company’s stock worth $110,717,000 after buying an additional 712,671 shares in the last quarter. Finally, Eminence Capital LP lifted its holdings in shares of Louisiana-Pacific by 31.4% in the fourth quarter. Eminence Capital LP now owns 2,056,991 shares of the building manufacturing company’s stock worth $145,697,000 after buying an additional 491,641 shares in the last quarter. Hedge funds and other institutional investors own 94.73% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on LPX shares. DA Davidson boosted their target price on shares of Louisiana-Pacific from $98.00 to $110.00 and gave the stock a “buy” rating in a report on Friday, June 14th. The Goldman Sachs Group downgraded shares of Louisiana-Pacific from a “neutral” rating to a “sell” rating and lowered their target price for the stock from $89.00 to $81.00 in a report on Monday, June 17th. StockNews.com upgraded shares of Louisiana-Pacific from a “hold” rating to a “buy” rating in a research report on Thursday, May 9th. Seaport Res Ptn cut shares of Louisiana-Pacific from a “buy” rating to a “neutral” rating in a research report on Thursday, May 9th. Finally, Royal Bank of Canada boosted their price objective on shares of Louisiana-Pacific from $88.00 to $105.00 and gave the company an “outperform” rating in a research report on Thursday, May 9th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, Louisiana-Pacific presently has a consensus rating of “Hold” and an average price target of $87.11.

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Read Our Latest Stock Analysis on Louisiana-Pacific

Louisiana-Pacific Stock Down 3.5 %

NYSE:LPX opened at $80.23 on Friday. The company has a 50-day moving average of $86.30 and a 200 day moving average of $77.54. The company has a debt-to-equity ratio of 0.21, a current ratio of 3.32 and a quick ratio of 1.75. The firm has a market cap of $5.75 billion, a PE ratio of 22.04, a price-to-earnings-growth ratio of 10.79 and a beta of 1.89. Louisiana-Pacific Co. has a 1-year low of $49.47 and a 1-year high of $95.70.

Louisiana-Pacific (NYSE:LPX – Get Free Report) last announced its quarterly earnings data on Wednesday, May 8th. The building manufacturing company reported $1.53 earnings per share for the quarter, beating analysts’ consensus estimates of $1.13 by $0.40. Louisiana-Pacific had a return on equity of 20.87% and a net margin of 9.74%. The company had revenue of $724.00 million for the quarter, compared to analyst estimates of $686.84 million. During the same quarter last year, the firm posted $0.34 EPS. The firm’s revenue for the quarter was up 24.0% on a year-over-year basis. As a group, research analysts anticipate that Louisiana-Pacific Co. will post 5.79 EPS for the current fiscal year.

Louisiana-Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 5th. Stockholders of record on Wednesday, May 22nd were issued a dividend of $0.26 per share. The ex-dividend date of this dividend was Tuesday, May 21st. This represents a $1.04 annualized dividend and a dividend yield of 1.30%. Louisiana-Pacific’s dividend payout ratio is presently 28.57%.

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Insider Buying and Selling

In related news, Director Lizanne C. Gottung sold 3,591 shares of the firm’s stock in a transaction dated Monday, June 17th. The stock was sold at an average price of $89.18, for a total transaction of $320,245.38. Following the completion of the sale, the director now directly owns 23,501 shares of the company’s stock, valued at approximately $2,095,819.18. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.53% of the company’s stock.

About Louisiana-Pacific

(Free Report)

Louisiana-Pacific Corporation, together with its subsidiaries, provides building solutions primarily for use in new home construction, repair and remodeling, and outdoor structure markets. It operates through Siding, Oriented Strand Board, LP South America, and Other segments. The Siding segment offers LP SmartSide trim and siding products, LP SmartSide ExpertFinish trim and siding products, LP BuilderSeries lap siding products, and LP Outdoor Building Solutions; and engineered wood siding, trim, soffit, and fascia products.

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Institutional Ownership by Quarter for Louisiana-Pacific (NYSE:LPX)



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Eight children killed in Louisiana mass shooting remembered at funeral

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Eight children killed in Louisiana mass shooting remembered at funeral


Faith leaders and politicians paid tribute at a funeral Saturday to eight children who were killed in a mass shooting last month in Louisiana.

The victims of the April 19 shooting in Shreveport included seven siblings who were shot by their father in an attack that also killed their cousin.

The service on Mother’s Day weekend at Summer Grove Baptist Church began with a long procession of mourners slowly filing past eight white caskets with large photos of the children next to them. Gold crowns and bouquets of white flowers were placed on top of the closed caskets. A choir behind the altar and individual singers performed throughout the service.

“In spite of how you may be feeling today, we still need to know that God is still good,” Bishop Bernard Kimble, senior pastor of the Mount Olive Baptist Church, said in opening remarks.

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The funeral’s pamphlet contained tributes to each of the children, who ranged in age from 3 to 11. Some of them had affectionate nicknames: 3-year-old Jayla Elkins was “Jaybae;” Kayla Pugh, 6, was called “K-Mae,” and 10-year-old Mar’Kaydon Pugh was “K-Bug.”

Six-year-old Khedarrion Snow had “a sweet and loving heart,” and “though his life on earth was short, his light was mighty,” according to the pamphlet. Layla Pugh, 7, was “bright, intelligent, bold, and full of love” and enjoyed making TikTok videos with her siblings and cousins.

Pastor and gospel singer Kim Burrell reminded family and community members trying to make sense of the shootings that “God is still on the throne.”

“To ask the question, ‘Why is this fair, God? How could you, Lord?’ He’s still God,” Burrell said. “The same God that healed you from the stuff that you don’t want to tell nobody about. But he is a God that doesn’t have to give us all the clues. Just know that he makes no mistakes.”

The children’s father, Shamar Elkins, used an assault-style weapon despite a 2019 felony firearms conviction. His wife, who was seeking a divorce, and another woman were wounded in the shooting that stretched across two houses in a Shreveport neighborhood.

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Elkins died after fleeing and a police pursuit. It was not clear whether he was killed by officers who fired or from a self-inflicted gunshot, according to police.

An investigation remains ongoing into the deadliest mass shooting in the U.S. in more than two years.

During the service, other speakers included Shreveport Councilwoman Tabatha Taylor, who acknowledged that “there are no words sufficient to ease this pain,” while Councilman James Green implored audience members to collectively “take off our funeral face” because “this is a celebration” of the children’s lives.

Indeed, churchgoers often stood clapping their hands in response to singers and speakers. The children’s names were read or shown several times throughout the service, where Shreveport Mayor Tom Arceneaux expressed the city’s condolences.

“May we honor them by carrying forward the gentleness, joy and love they so freely shared,” Arceneaux said.

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Louisiana Gov. Jeff Landry ordered U.S. and state flags to be flown at half-staff over the next week at the Capitol and state government buildings. A message read from Landry said the victims “were the light of their homes and the heart of their classrooms. They were full of promise and found joy in the simplest things, such as dancing, playing outside and sharing laughter with family and friends. Their futures were bright and held great promise.”

“It is incumbent upon us to honor the memory of those lost by standing together against such senseless violence.”

Among those in attendance was former U.S. Rep. Gabby Giffords, whose political career was cut short by a 2011 assassination attempt.

“She just wanted to come and just let the family know that this pain is not just in Louisiana,” said U.S. Rep. Cleo Fields, D-Louisiana. “This pain is all across the nation.”

Buses were made available afterward to transport mourners to a graveside burial. At the conclusion of the church service, Kimble prayed for healing to begin.

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“Help us as we move from this spot,” he said. “Because we know, oh God, grief is only temporary. And if we’ll put our hands in your favor, you’ll lead us through this.”



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Silver Alert issued for missing New Orleans man

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Silver Alert issued for missing New Orleans man


NEW ORLEANS (WVUE) – Louisiana State Police issued a Silver Alert Friday for a 76-year-old New Orleans man who has been missing since Wednesday.

Elbert Welch was last seen in the 1700 block of Holiday Drive on May 6 at approximately 11 a.m. State police received the request to issue a Silver Alert at approximately 6:54 p.m. Friday on behalf of the New Orleans Police Department.

Welch is a white male with brown eyes and black and gray hair. He is 5′10″ and weighs approximately 170 pounds. He was last seen wearing a khaki shirt, black pants and a blue baseball cap.

Family reports that Welch has a medical condition that may impair his judgment.

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Welch is believed to be walking on foot in an unknown direction.

Anyone with information regarding Welch’s whereabouts is asked to immediately contact the New Orleans Police Department, 4th District, at (504) 821-2222 or dial 911. All questions should be directed to the New Orleans Police Department.

See a spelling or grammar error in our story? Click Here to report it. Please include the headline.

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Copyright 2026 WVUE. All rights reserved.

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Louisiana baseball vs App State live score, TV and more from SBC series

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Louisiana baseball vs App State live score, TV and more from SBC series


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Pressure is back on for Louisiana baseball, especially on the weekend in Sun Belt Conference play.

The Ragin’ Cajuns (30-19, 12-12) dropped their final midweek game of the season, losing 9-6 to the University of New Orleans in extra innings. Now, the Cajuns are back on the road for SBC play, needing every win they can get to better their chances of snagging a regional spot. They travel to Appalachian State for what will likely be a chilly three-game series against the Mountaineers.

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Seventh-year head coach Matt Deggs will go with junior Cody Brasch to start Game 1, a spot the right-hander is becoming accustomed to. Saturday’s are for Andrew Herrmann, the most reliable of the Cajuns’ arms through the year. App State will start junior righty Nick DiRito on Friday, followed by junior righty Gage Peterson and junior lefty Tanner Nolan to close out the series.

Here’s how to watch Ragin’ Cajuns baseball in its SBC series vs App State (28-18, 15-9), including time, TV schedule, live score and streaming information.

Watch Louisiana baseball vs App State on ESPN+

Louisiana baseball vs App State live score

What channel is Louisiana baseball vs App State on?

TV: None

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Livestream: ESPN+

Radio: Varsity Network, 96.5 FM

Louisiana vs. App State will be available live on ESPN+ streaming service for the teams’ ninth SBC series of the 2026 college baseball season. Matt Present will provide commentary from Beaver Field at Jim and Bettie Smith Stadium.

What time does Louisiana baseball play App State today?

  • 5 p.m. Friday, May 8
  • 2 p.m. Saturday, May 9
  • 12 p.m. Sunday, May 10

The Louisiana vs. App State series starts at 5 p.m. Friday at Beaver Field in Boone, N.C., followed by Game 2 at 2 p.m. on Saturday. The Cajuns will close out the series at noon on Sunday.

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Louisiana baseball vs App State weather update

Friday’s matchup will be played in semi-cloudy weather with sunshine throughout the day. It’ll be a high of 62 degrees and a low of 44 degrees. Winds will get up to about five to 10 mph, and there is less than a 7% chance of rain in the afternoon. Saturday’s game will be played in warmer weather with a high of 67 degrees, followed by Sunday’s high of 73 degrees.

Louisiana baseball vs App State history

Series record: Louisiana leads 14-9

In Lafayette: Series tied 6-6

In Boone: Louisiana leads 6-3

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Louisiana’s last win: April 2, 2023 (6-0)

App State’s last win: April 1, 2023 (8-5)

Shannon Belt covers high school sports and the Louisiana Ragin’ Cajuns for The Daily Advertiser as part of the USA TODAY Network. Follow her high school and Cajuns coverage on Twitter: @ShannonBelt3. Got questions regarding HS/UL athletics? Send them to Shannon Belt at sbelt@gannett.com.



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