- LAMR +0.76%
Heartland Advisors, an investment management company, released its “Heartland Value Plus Fund” fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the fourth quarter, the market’s gains continued to widen, as small value stocks outpaced the Magnificent 7, and the artificial intelligence (AI) trade pulled back in November amid concerns about overinvestment and a reassessment of who will benefit from this disruptive technology. The firm is finding opportunities in firms that were overlooked but appear to be on track for high earnings growth in 2026. The value plus strategy fell 0.10% in the quarter compared to the Russell 2000® Value Index’s 3.26% gain. Stock selection in Information Technology and Real Estate was favorable to its performance, but, stock effect was negative in Health Care, Industrials, and Energy sectors. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2025.
In its fourth-quarter 2025 investor letter, Heartland Value Plus Fund highlighted stocks such as Lamar Advertising Company (NASDAQ:LAMR). Lamar Advertising Company (NASDAQ:LAMR) is a leading outdoor advertising company in the United States and a major contributor to the strategy's performance this quarter. Lamar Advertising Company’s (NASDAQ:LAMR) one-month return was 0.90%, and its shares gained 8.53% of their value over the last 52 weeks. On January 12, 2026, Lamar Advertising Company (NASDAQ:LAMR) stock closed at $129.60 per share with a market capitalization of $13.126 billion.
Heartland Value Plus Fund stated the following regarding Lamar Advertising Company (NASDAQ:LAMR) in its fourth quarter 2025 investor letter:
Story Continues"We have also been seeing positive signs in areas of the market that touch consumers. One of the top contributors to our Strategy’s performance in the quarter, for instance, was Lamar Advertising Company (NASDAQ:LAMR), the nation’s leading out-of-home advertising company. LAMR, which operates as a real estate investment trust, had been underperforming for much of the year. It recently provided a solid Q3 report and very favorable outlook causing the stock to rally.
15 Most Loved Brands in the US Lamar Advertising Company (NASDAQ:LAMR) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 36 hedge fund portfolios held Lamar Advertising Company (NASDAQ:LAMR) at the end of the third quarter, up from 34 in the previous quarter. While we acknowledge the potential of Lamar Advertising Company (NASDAQ:LAMR) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
In another article, we covered Lamar Advertising Company (NASDAQ:LAMR) and shared the list of stocks Jim Cramer discussed. In addition, please check out our hedge fund investor letters Q4 2025 page for more investor letters from hedge funds and other leading investors.
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Disclosure: None. This article is originally published at Insider Monkey.
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