Live Oak Private Wealth LLC Raises Holdings in Lowe’s Companies, Inc. $LOW

Live Oak Private Wealth LLC boosted its stake in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 3.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 64,717 shares of the home improvement retailer’s stock after purchasing an additional 2,277 shares during the quarter. Lowe’s Companies makes up 2.1% of Live Oak Private Wealth LLC’s investment portfolio, making the stock its 11th biggest holding. Live Oak Private Wealth LLC’s holdings in Lowe’s Companies were worth $15,607,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Activest Wealth Management increased its holdings in Lowe’s Companies by 78.5% during the 3rd quarter. Activest Wealth Management now owns 116 shares of the home improvement retailer’s stock worth $29,000 after purchasing an additional 51 shares during the period. United Financial Planning Group LLC purchased a new stake in Lowe’s Companies during the 3rd quarter worth about $31,000. Triumph Capital Management purchased a new position in shares of Lowe’s Companies in the 3rd quarter valued at about $34,000. Guerra Advisors Inc purchased a new position in shares of Lowe’s Companies in the 3rd quarter valued at about $35,000. Finally, Financial Life Planners purchased a new position in shares of Lowe’s Companies in the 3rd quarter valued at about $36,000. Hedge funds and other institutional investors own 74.06% of the company’s stock.

Wall Street Analysts Forecast Growth

LOW has been the topic of a number of recent analyst reports. Morgan Stanley increased their price objective on Lowe’s Companies from $270.00 to $296.00 and gave the company an “overweight” rating in a report on Thursday, January 15th. Guggenheim increased their price objective on Lowe’s Companies from $280.00 to $300.00 and gave the company a “buy” rating in a report on Thursday, February 26th. Wells Fargo & Company increased their price objective on Lowe’s Companies from $280.00 to $290.00 and gave the company an “overweight” rating in a report on Thursday, February 26th. Weiss Ratings upgraded Lowe’s Companies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, March 24th. Finally, Robert W. Baird increased their price objective on Lowe’s Companies from $290.00 to $320.00 and gave the company an “outperform” rating in a report on Tuesday, February 17th. Twenty-two investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, Lowe’s Companies currently has a consensus rating of “Moderate Buy” and an average price target of $289.24.

Lowe’s Companies Stock Up 0.1%

NYSE:LOW opened at $244.45 on Monday. The stock’s 50 day moving average price is $255.24 and its 200 day moving average price is $249.91. The company has a market capitalization of $136.91 billion, a PE ratio of 20.63, a P/E/G ratio of 5.31 and a beta of 0.97. Lowe’s Companies, Inc. has a 52-week low of $210.33 and a 52-week high of $293.06.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings results on Wednesday, February 25th. The home improvement retailer reported $1.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.94 by $0.04. The firm had revenue of $20.59 billion for the quarter, compared to the consensus estimate of $20.34 billion. Lowe’s Companies had a negative return on equity of 61.40% and a net margin of 7.71%.The firm’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same quarter last year, the business posted $1.93 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. As a group, sell-side analysts anticipate that Lowe’s Companies, Inc. will post 11.9 EPS for the current fiscal year.

Lowe’s Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 6th. Investors of record on Wednesday, April 22nd will be paid a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Wednesday, April 22nd. Lowe’s Companies’s dividend payout ratio (DPR) is currently 40.51%.

About Lowe’s Companies

Lowe’s Companies, Inc is a leading home improvement retailer that operates large-format stores and digital channels serving both do-it-yourself homeowners and professional contractors. The company offers a broad assortment of products including building materials, lumber, appliances, tools and hardware, plumbing and electrical supplies, paint, flooring, kitchen and bath fixtures, outdoor and garden products, and home decor. Lowe’s also provides a range of services such as installation, home improvement financing, tool and equipment rental, and contractor-focused sales programs.

Operations are centered on a nationwide brick-and-mortar store network supported by distribution centers and an e-commerce platform that enables online ordering, delivery and in-store pickup.