Guyasuta Investment Advisors Inc. reduced its stake in shares of Lowe’s Companies, Inc. (NYSE:LOW – Free Report) by 1.7% in the 1st quarter, Holdings Channel reports. The fund owned 175,193 shares of the home improvement retailer’s stock after selling 2,949 shares during the period. Lowe’s Companies makes up 2.4% of Guyasuta Investment Advisors Inc.’s investment portfolio, making the stock its 12th largest position. Guyasuta Investment Advisors Inc.’s holdings in Lowe’s Companies were worth $41,395,000 as of its most recent SEC filing.
A number of other large investors also recently bought and sold shares of LOW. Swiss RE Ltd. acquired a new position in shares of Lowe’s Companies in the 4th quarter valued at $25,000. Wilkerson Advisory Group LLC purchased a new stake in Lowe’s Companies during the fourth quarter worth $27,000. United Financial Planning Group LLC acquired a new stake in Lowe’s Companies during the third quarter valued at $31,000. OLD Second National Bank of Aurora grew its position in Lowe’s Companies by 52.5% during 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 buying an additional 42 shares during the period. Finally, Sankala Group LLC purchased a new position in Lowe’s Companies in the fourth quarter valued at $33,000. 74.06% of the stock is owned by institutional investors and hedge funds.
Insider Activity at Lowe’s Companies
In other news, EVP Margrethe R. Vagell sold 2,500 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $223.83, for a total value of $559,575.00. Following the completion of the sale, the executive vice president directly owned 20,220 shares in the company, valued at $4,525,842.60. This represents a 11.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Juliette Williams Pryor sold 9,330 shares of the stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $224.81, for a total value of $2,097,477.30. Following the completion of the sale, the executive vice president directly owned 16,142 shares of the company’s stock, valued at approximately $3,628,883.02. This represents a 36.63% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 25,980 shares of company stock valued at $5,796,937. Corporate insiders own 0.29% of the company’s stock.
Lowe’s Companies Stock Down 0.2%
Lowe’s Companies (NYSE:LOW – Get Free Report) last issued its quarterly earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share for the quarter, beating 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 last year, the company posted $2.92 EPS. Lowe’s Companies’s quarterly revenue 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. On average, research analysts forecast that Lowe’s Companies, Inc. will post 12.48 EPS for the current year.
Lowe’s Companies Increases Dividend
The firm 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. The ex-dividend date of this dividend is Wednesday, July 22nd. This represents a $5.00 annualized dividend and a yield of 2.3%. This is a boost from Lowe’s Companies’s previous quarterly dividend of $1.20. Lowe’s Companies’s dividend payout ratio is currently 40.57%.
Key Lowe’s Companies News
Here are the key news stories impacting Lowe’s Companies this week:
- Positive Sentiment: Lowe’s launched Creator: Into the Blue, a new program that lets creators pitch product ideas for possible retail distribution, supporting brand engagement and potentially opening a new product pipeline. Lowe’s is Calling on Creators to Help Design and Launch New Products
- Positive Sentiment: The company also expanded its MyLowe’s Rewards program through a partnership with Live Nation, which could help deepen customer loyalty and improve engagement beyond the store. Is Lowe’s (LOW) Entertainment-Focused Loyalty Push a New Edge in Customer Engagement?
- Neutral Sentiment: Investor attention remains high on Lowe’s after several articles compared it with Home Depot and highlighted its role in the housing recovery trade, keeping the stock in focus but not changing the core outlook. Lowe’s Companies, Inc. (LOW) Is a Trending Stock: Facts to Know Before Betting on It
- Neutral Sentiment: Lowe’s drew added scrutiny after an executive disclosed a stock sale, but the transaction was relatively small and does not by itself signal a major change in fundamentals. Lowe’s Companies (NYSE:LOW) EVP Margrethe Vagell Sells 2,500 Shares of Stock
- Negative Sentiment: Recent commentary on Lowe’s noted that housing and macro pressures are still weighing on sentiment, and a prior selloff after the Fed held rates steady suggests investors remain cautious about demand trends. Why Home Depot and Lowe’s Fell After the Fed Held Interest Rates Steady.
Analyst Ratings Changes
LOW has been the subject of a number of analyst reports. Benchmark began coverage on shares of Lowe’s Companies in a research report on Tuesday, May 12th. They issued a “hold” rating for the company. Weiss Ratings cut Lowe’s Companies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, June 4th. Bank of America cut their price target on Lowe’s Companies from $260.00 to $257.00 and set a “neutral” rating for the company in a research note on Thursday, May 21st. Piper Sandler reduced their price target on Lowe’s Companies from $300.00 to $276.00 and set an “overweight” rating for the company in a report on Thursday, May 21st. Finally, William Blair started coverage on Lowe’s Companies in a research report on Tuesday, May 12th. They set an “overweight” rating on the stock. 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’s stock. According to data from MarketBeat.com, Lowe’s Companies currently has an average rating of “Moderate Buy” and an average target price of $264.57.
Check Out Our Latest Research Report on Lowe’s Companies
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.
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