Lowe’s Companies (NYSE:LOW) Releases FY 2025 Earnings Guidance

Lowe’s Companies (NYSE:LOW) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 12.250-12.250 for the period, compared to the consensus EPS estimate of 12.300. The company issued revenue guidance of $86.0 billion-$86.0 billion, compared to the consensus revenue estimate of $85.2 billion.

Lowe’s Companies Trading Down 2.4%

Shares of NYSE LOW opened at $219.65 on Wednesday. The firm’s 50-day moving average price is $245.71 and its 200-day moving average price is $237.46. Lowe’s Companies has a 1-year low of $206.38 and a 1-year high of $280.64. The firm has a market capitalization of $123.19 billion, a P/E ratio of 18.05, a P/E/G ratio of 2.21 and a beta of 0.87.

Lowe’s Companies (NYSE:LOW) last issued its earnings results on Wednesday, August 20th. The home improvement retailer reported $4.33 EPS for the quarter, beating the consensus estimate of $4.24 by $0.09. Lowe’s Companies had a negative return on equity of 52.02% and a net margin of 8.20%.The company had revenue of $23.96 billion during the quarter, compared to the consensus estimate of $23.99 billion. During the same period last year, the business posted $4.10 EPS. The firm’s revenue for the quarter was up 1.6% compared to the same quarter last year. Equities research analysts forecast that Lowe’s Companies will post 11.9 EPS for the current year.

Lowe’s Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 4th. Shareholders of record on Wednesday, January 21st will be paid a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Wednesday, January 21st. Lowe’s Companies’s dividend payout ratio (DPR) is 39.44%.

Wall Street Analyst Weigh In

LOW has been the topic of a number of research reports. UBS Group upped their target price on Lowe’s Companies from $300.00 to $325.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. Evercore ISI lowered their price objective on shares of Lowe’s Companies from $245.00 to $240.00 and set an “in-line” rating on the stock in a report on Tuesday, November 11th. Sanford C. Bernstein lifted their price objective on shares of Lowe’s Companies from $279.00 to $282.00 and gave the company an “outperform” rating in a report on Friday, November 7th. Wall Street Zen upgraded shares of Lowe’s Companies from a “hold” rating to a “buy” rating in a report on Friday, October 3rd. Finally, Wolfe Research began coverage on Lowe’s Companies in a research note on Wednesday, September 17th. They set an “outperform” rating for the company. Sixteen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $278.91.

Insider Transactions at Lowe’s Companies

In other news, EVP Juliette Williams Pryor sold 929 shares of the firm’s stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $257.20, for a total transaction of $238,938.80. Following the completion of the sale, the executive vice president directly owned 30,099 shares of the company’s stock, valued at $7,741,462.80. This trade represents a 2.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Joseph Michael Mcfarland sold 43,810 shares of the business’s stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $272.60, for a total transaction of $11,942,606.00. Following the completion of the transaction, the executive vice president directly owned 66,566 shares in the company, valued at $18,145,891.60. This trade represents a 39.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 52,931 shares of company stock worth $14,381,752 in the last 90 days. Insiders own 0.27% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LOW. Worldquant Millennium Advisors LLC boosted its position in Lowe’s Companies by 243.2% during the second quarter. Worldquant Millennium Advisors LLC now owns 1,116,945 shares of the home improvement retailer’s stock worth $247,817,000 after purchasing an additional 791,526 shares during the period. AQR Capital Management LLC raised its stake in shares of Lowe’s Companies by 191.8% during the 3rd quarter. AQR Capital Management LLC now owns 656,222 shares of the home improvement retailer’s stock valued at $164,915,000 after purchasing an additional 431,304 shares during the period. Canada Pension Plan Investment Board lifted its holdings in Lowe’s Companies by 67.5% during the 2nd quarter. Canada Pension Plan Investment Board now owns 763,272 shares of the home improvement retailer’s stock worth $169,347,000 after purchasing an additional 307,521 shares in the last quarter. Two Sigma Investments LP grew its holdings in Lowe’s Companies by 558.4% during the 3rd quarter. Two Sigma Investments LP now owns 229,551 shares of the home improvement retailer’s stock valued at $57,688,000 after buying an additional 194,688 shares in the last quarter. Finally, Mane Global Capital Management LP bought a new stake in shares of Lowe’s Companies during the third quarter valued at about $39,589,000. 74.06% of the stock is currently owned by hedge funds and other institutional investors.

Lowe’s Companies Company Profile

Lowe’s Companies, Inc, together with its subsidiaries, operates as a home improvement retailer in the United States. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It also provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, and electrical.