15 Best Stocks To Invest In For Retirement

6. Lamb Weston Holdings, Inc. (NYSE:LW)

Dividend Yield as of February 19: 2.57%

Number of Hedge Fund Holders: 47

Lamb Weston Holdings, Inc. (NYSE:LW) is an American food processing company that offers frozen potato products, catering to restaurants, grocery stores, wholesalers, and food service distributors. The company’s Q2 results fell short of expectations, mainly due to higher manufacturing costs and lower sales. CEO Tom Werner expects challenges to continue into 2026 as global demand for frozen potatoes remains weak and industry capacity grows. To stay profitable, the company is cutting costs, shutting down some production lines, and looking for more ways to streamline operations. Lamb Weston is still aiming to protect profitability and shareholder value.

On December 19, 2024, Lamb Weston Holdings, Inc. (NYSE:LW) declared a $0.37 per share quarterly dividend, a 2.8% increase from the last dividend of $0.36. The dividend is payable on February 28, to shareholders on record as of January 31. Lamb Weston also increased its share repurchase authorization by $250 million. The company remains committed to raising dividends annually since going public eight years ago, keeping its payout target at 25% to 35% of earnings per share. It ranks 6th on our list of the best stocks to buy for retirement.

According to Insider Monkey’s Q4 data, 47 hedge funds were bullish on Lamb Weston Holdings, Inc. (NYSE:LW), up from 37 funds in the prior quarter. JANA Partners was the biggest position holder in the company, with 7.13 million shares worth $476.5 million.