Swiss Life Asset Management Ltd grew its holdings in shares of Lowe’s Companies, Inc. (NYSE:LOW – Free Report) by 12.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 99,706 shares of the home improvement retailer’s stock after acquiring an additional 10,664 shares during the period. Swiss Life Asset Management Ltd’s holdings in Lowe’s Companies were worth $24,045,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of the business. Rather & Kittrell Inc. grew its holdings in Lowe’s Companies by 0.4% during the 4th quarter. Rather & Kittrell Inc. now owns 10,379 shares of the home improvement retailer’s stock worth $2,503,000 after acquiring an additional 38 shares during the period. Walkner Condon Financial Advisors LLC grew its holdings in Lowe’s Companies by 4.3% during the 4th quarter. Walkner Condon Financial Advisors LLC now owns 945 shares of the home improvement retailer’s stock worth $228,000 after acquiring an additional 39 shares during the period. Berger Financial Group Inc grew its holdings in Lowe’s Companies by 3.6% during the 4th quarter. Berger Financial Group Inc now owns 1,165 shares of the home improvement retailer’s stock worth $281,000 after acquiring an additional 40 shares during the period. Westfuller Advisors LLC grew its holdings in Lowe’s Companies by 7.0% during the 4th quarter. Westfuller Advisors LLC now owns 629 shares of the home improvement retailer’s stock worth $152,000 after acquiring an additional 41 shares during the period. Finally, DDD Partners LLC grew its holdings in Lowe’s Companies by 2.7% during the 4th quarter. DDD Partners LLC now owns 1,563 shares of the home improvement retailer’s stock worth $377,000 after acquiring an additional 41 shares during the period. 74.06% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
LOW has been the subject of a number of recent analyst reports. Weiss Ratings downgraded Lowe’s Companies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 4th. TD Cowen decreased their price target on Lowe’s Companies from $295.00 to $280.00 and set a “hold” rating for the company in a report on Thursday, February 26th. Argus increased their price objective on shares of Lowe’s Companies from $286.00 to $288.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Telsey Advisory Group increased their price objective on shares of Lowe’s Companies from $285.00 to $295.00 and gave the stock an “outperform” rating in a research report on Thursday, February 26th. Finally, Wolfe Research cut their price objective on shares of Lowe’s Companies from $285.00 to $284.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 4th. Twenty investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $288.41.
Lowe’s Companies Price Performance
LOW stock opened at $226.02 on Tuesday. The stock has a market capitalization of $126.58 billion, a PE ratio of 19.07, a price-to-earnings-growth ratio of 4.39 and a beta of 0.91. The company’s 50-day moving average is $241.06 and its 200-day moving average is $249.47. Lowe’s Companies, Inc. has a 1 year low of $210.33 and a 1 year high of $293.06.
Lowe’s Companies (NYSE:LOW – Get Free Report) last released its quarterly earnings data 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 company had revenue of $20.59 billion for the quarter, compared to analysts’ expectations of $20.34 billion. Lowe’s Companies had a net margin of 7.71% and a negative return on equity of 61.40%. The business’s revenue was up 10.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.93 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. On average, analysts anticipate that Lowe’s Companies, Inc. will post 12.61 earnings per share for the current fiscal year.
Lowe’s Companies Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 6th. Investors of record on Wednesday, April 22nd were given a $1.20 dividend. The ex-dividend date of this dividend was Wednesday, April 22nd. This represents a $4.80 annualized dividend and a yield of 2.1%. Lowe’s Companies’s dividend payout ratio (DPR) is presently 40.51%.
Lowe’s Companies 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.
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