Resources Management Corp CT ADV acquired a new stake in Lowe’s Companies, Inc. (NYSE:LOW – Free Report) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 7,760 shares of the home improvement retailer’s stock, valued at approximately $1,871,000.
Other large investors also recently bought and sold shares of the company. Swiss RE Ltd. acquired a new stake in Lowe’s Companies in the fourth quarter valued at approximately $25,000. Wilkerson Advisory Group LLC acquired a new stake in Lowe’s Companies in the fourth quarter valued at approximately $27,000. United Financial Planning Group LLC acquired a new stake in Lowe’s Companies in the third quarter valued at approximately $31,000. OLD Second National Bank of Aurora grew its position in Lowe’s Companies by 52.5% in the fourth quarter. OLD Second National Bank of Aurora now owns 122 shares of the home improvement retailer’s stock valued at $29,000 after acquiring an additional 42 shares in the last quarter. Finally, Triumph Capital Management acquired a new stake in Lowe’s Companies in the third quarter valued at approximately $34,000. Institutional investors and hedge funds own 74.06% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research firms have recently weighed in on LOW. The Goldman Sachs Group decreased their price target on shares of Lowe’s Companies from $300.00 to $293.00 and set a “buy” rating for the company in a research report on Thursday, May 21st. BTIG Research downgraded shares of Lowe’s Companies to a “reduce” rating in a research report on Tuesday, May 12th. Argus raised their price target 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. Rothschild & Co Redburn raised their price target on shares of Lowe’s Companies from $280.00 to $290.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. Finally, Jefferies Financial Group decreased their price target on shares of Lowe’s Companies from $305.00 to $278.00 and set a “buy” rating for the company in a research report on Thursday, May 21st. Twenty-three analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Lowe’s Companies has an average rating of “Moderate Buy” and an average price target of $264.57.
Lowe’s Companies Price Performance
Shares of LOW opened at $220.57 on Monday. The business’s fifty day moving average price is $228.38 and its 200 day moving average price is $246.26. Lowe’s Companies, Inc. has a 12-month low of $203.40 and a 12-month high of $293.06. The stock has a market capitalization of $123.67 billion, a PE ratio of 18.64, a price-to-earnings-growth ratio of 2.79 and a beta of 0.87.
Lowe’s Companies (NYSE:LOW – Get Free Report) last posted its earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.97 by $0.06. The company had revenue of $23.08 billion for the quarter, compared to analysts’ expectations of $22.98 billion. Lowe’s Companies had a negative return on equity of 67.96% and a net margin of 7.51%.The firm’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same period last year, the business posted $2.92 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. As a group, research analysts anticipate that Lowe’s Companies, Inc. will post 12.48 earnings per share for the current fiscal year.
Lowe’s Companies Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 5th. Investors of record on Wednesday, July 22nd will be paid a dividend of $1.25 per share. This is an increase from Lowe’s Companies’s previous quarterly dividend of $1.20. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Wednesday, July 22nd. Lowe’s Companies’s dividend payout ratio (DPR) is presently 40.57%.
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.
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