MCF Advisors LLC Has $739,000 Position in Lowe’s Companies, Inc. $LOW

MCF Advisors LLC grew its position in Lowe’s Companies, Inc. (NYSE:LOWFree Report) by 441.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,066 shares of the home improvement retailer’s stock after buying an additional 2,500 shares during the quarter. MCF Advisors LLC’s holdings in Lowe’s Companies were worth $739,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in LOW. Norges Bank acquired a new position in shares of Lowe’s Companies in the 4th quarter valued at approximately $1,993,697,000. Wellington Management Group LLP increased its position in Lowe’s Companies by 102.0% during the 3rd quarter. Wellington Management Group LLP now owns 4,204,311 shares of the home improvement retailer’s stock worth $1,056,585,000 after purchasing an additional 2,122,622 shares in the last quarter. Victory Capital Management Inc. increased its position in Lowe’s Companies by 207.2% during the 3rd quarter. Victory Capital Management Inc. now owns 2,058,086 shares of the home improvement retailer’s stock worth $517,218,000 after purchasing an additional 1,388,133 shares in the last quarter. Eurizon Capital SGR S.p.A. acquired a new position in Lowe’s Companies during the 4th quarter worth approximately $308,683,000. Finally, Vanguard Group Inc. increased its position in Lowe’s Companies by 1.7% during the 4th quarter. Vanguard Group Inc. now owns 56,230,787 shares of the home improvement retailer’s stock worth $13,560,617,000 after purchasing an additional 924,625 shares in the last quarter. 74.06% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Lowe’s Companies

Here are the key news stories impacting Lowe’s Companies this week:

Lowe’s Companies Price Performance

LOW opened at $210.81 on Friday. Lowe’s Companies, Inc. has a fifty-two week low of $203.40 and a fifty-two week high of $293.06. The firm has a market capitalization of $118.20 billion, a price-to-earnings ratio of 17.82, a PEG ratio of 2.66 and a beta of 0.86. The company’s 50 day moving average price is $230.12 and its two-hundred day moving average price is $246.50.

Lowe’s Companies (NYSE:LOWGet Free Report) last posted its earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share for the quarter, topping analysts’ consensus estimates of $2.97 by $0.06. Lowe’s Companies had a net margin of 7.51% and a negative return on equity of 67.96%. The firm had revenue of $23.08 billion for the quarter, compared to analyst estimates of $22.98 billion. During the same period in the previous year, the firm posted $2.92 EPS. The company’s revenue for the quarter was up 10.3% compared to the same quarter last year. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. As a group, equities research analysts predict that Lowe’s Companies, Inc. will post 12.48 EPS for the current year.

Lowe’s Companies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 5th. Shareholders of record on Wednesday, July 22nd will be issued a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Wednesday, July 22nd. This is a positive change from Lowe’s Companies’s previous quarterly dividend of $1.20. Lowe’s Companies’s payout ratio is presently 40.57%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on LOW. Wells Fargo & Company lowered their price objective on shares of Lowe’s Companies from $260.00 to $255.00 and set an “overweight” rating for the company in a research report on Thursday, May 21st. Mizuho lowered their price objective on shares of Lowe’s Companies from $294.00 to $280.00 and set an “outperform” rating for the company in a research report on Thursday, May 21st. Evercore lowered their price objective on shares of Lowe’s Companies from $250.00 to $230.00 in a research report on Thursday, May 21st. Craig Hallum upgraded shares of Lowe’s Companies to a “buy” rating in a research report on Tuesday, May 12th. Finally, BTIG Research cut shares of Lowe’s Companies to a “reduce” rating in a research report on Tuesday, May 12th. Twenty-three analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $264.57.

View Our Latest Stock Report on Lowe’s Companies

Lowe’s Companies Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Lowe's Companies (NYSE:LOW)

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