Juno Financial Group LLC Invests $2.86 Million in Lowe’s Companies, Inc. $LOW

Juno Financial Group LLC bought a new position in shares of Lowe’s Companies, Inc. (NYSE:LOW) during the fourth quarter, Holdings Channel.com reports. The fund bought 11,846 shares of the home improvement retailer’s stock, valued at approximately $2,857,000. Lowe’s Companies comprises 1.1% of Juno Financial Group LLC’s portfolio, making the stock its 23rd biggest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of LOW. Brighton Jones LLC increased its position in Lowe’s Companies by 119.7% during the fourth quarter. Brighton Jones LLC now owns 31,965 shares of the home improvement retailer’s stock worth $7,889,000 after acquiring an additional 17,413 shares during the period. Revolve Wealth Partners LLC increased its position in Lowe’s Companies by 31.6% during the fourth quarter. Revolve Wealth Partners LLC now owns 1,078 shares of the home improvement retailer’s stock worth $266,000 after acquiring an additional 259 shares during the period. Sivia Capital Partners LLC increased its position in Lowe’s Companies by 22.3% during the second quarter. Sivia Capital Partners LLC now owns 1,534 shares of the home improvement retailer’s stock worth $340,000 after acquiring an additional 280 shares during the period. United Bank increased its position in Lowe’s Companies by 1.3% during the second quarter. United Bank now owns 12,124 shares of the home improvement retailer’s stock worth $2,690,000 after acquiring an additional 155 shares during the period. Finally, Schnieders Capital Management LLC. increased its position in Lowe’s Companies by 13.1% during the second quarter. Schnieders Capital Management LLC. now owns 2,378 shares of the home improvement retailer’s stock worth $528,000 after acquiring an additional 275 shares during the period. Institutional investors own 74.06% of the company’s stock.

Lowe’s Companies Stock Performance

LOW opened at $244.95 on Thursday. The firm’s 50-day simple moving average is $250.50 and its 200-day simple moving average is $249.74. Lowe’s Companies, Inc. has a twelve month low of $210.33 and a twelve month high of $293.06. The firm has a market cap of $137.19 billion, a price-to-earnings ratio of 20.67, a PEG ratio of 5.46 and a beta of 0.97.

Lowe’s Companies (NYSE:LOW) last posted its earnings results on Wednesday, February 25th. The home improvement retailer reported $1.98 earnings per share for the quarter, topping the consensus estimate of $1.94 by $0.04. Lowe’s Companies had a net margin of 7.71% and a negative return on equity of 61.40%. The business had revenue of $20.59 billion for the quarter, compared to analyst estimates of $20.34 billion. During the same quarter in the prior year, the firm earned $1.93 EPS. The firm’s quarterly revenue was up 10.9% compared to the same quarter last year. 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 12.61 EPS for the current fiscal year.

Lowe’s Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 6th. Stockholders of record on Wednesday, April 22nd will be issued a $1.20 dividend. The ex-dividend date of this dividend is Wednesday, April 22nd. This represents a $4.80 annualized dividend and a dividend yield of 2.0%. Lowe’s Companies’s dividend payout ratio is presently 40.51%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Gordon Haskett lowered their price target on shares of Lowe’s Companies from $325.00 to $300.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Mizuho boosted their price target on shares of Lowe’s Companies from $272.00 to $294.00 and gave the company an “outperform” rating in a report on Friday, February 27th. Wolfe Research lowered their price target on shares of Lowe’s Companies from $285.00 to $284.00 and set an “outperform” rating on the stock in a report on Wednesday, February 4th. Citigroup boosted their price target on shares of Lowe’s Companies from $250.00 to $285.00 and gave the company a “neutral” rating in a report on Thursday, February 12th. Finally, UBS Group lowered their price target on shares of Lowe’s Companies from $316.00 to $315.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Twenty-two research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $289.24.

Lowe’s Companies Company Profile

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.