Lowe’s Companies (NYSE:LOW – Get Free Report) released its quarterly earnings results on Wednesday. The home improvement retailer reported $4.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.22 by $0.18, Zacks reports. Lowe’s Companies had a net margin of 7.51% and a negative return on equity of 67.96%. Lowe’s Companies updated its FY 2026 guidance to 12.250-12.250 EPS.
Lowe’s Companies Stock Performance
Lowe’s Companies stock opened at $215.94 on Wednesday. The stock has a market capitalization of $121.08 billion, a P/E ratio of 18.25, a P/E/G ratio of 2.79 and a beta of 0.86. Lowe’s Companies has a 1 year low of $199.40 and a 1 year high of $293.06. The company’s fifty day moving average price is $216.12 and its 200 day moving average price is $233.78.
Lowe’s Companies Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Wednesday, July 22nd were given a dividend of $1.25 per share. This is a positive change from Lowe’s Companies’s previous quarterly dividend of $1.20. The ex-dividend date was Wednesday, July 22nd. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.3%. Lowe’s Companies’s payout ratio is 42.27%.
Insider Activity
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the business. Swiss RE Ltd. acquired a new stake in shares of Lowe’s Companies during the fourth quarter worth about $25,000. Wilkerson Advisory Group LLC purchased a new stake in Lowe’s Companies in the 4th quarter valued at approximately $27,000. Triumph Capital Management purchased a new stake in shares of Lowe’s Companies in the third quarter valued at approximately $34,000. Garton & Associates Financial Advisors LLC purchased a new stake in shares of Lowe’s Companies during the 4th quarter worth $49,000. Finally, Osterweis Capital Management Inc. grew its stake in shares of Lowe’s Companies by 4,620.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 236 shares of the home improvement retailer’s stock worth $52,000 after purchasing an additional 231 shares during the period. Hedge funds and other institutional investors own 74.06% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms have recently commented on LOW. Truist Financial lowered their target price on shares of Lowe’s Companies from $280.00 to $255.00 and set a “buy” rating on the stock in a report on Thursday, May 21st. Jefferies Financial Group dropped their target price on shares of Lowe’s Companies from $305.00 to $278.00 and set a “buy” rating on the stock in a report on Thursday, May 21st. William Blair started coverage on Lowe’s Companies in a research note on Tuesday, May 12th. They issued an “overweight” rating on the stock. Robert W. Baird dropped their target price on Lowe’s Companies from $320.00 to $270.00 and set an “outperform” rating on the stock in a research note on Thursday, May 21st. Finally, Citigroup dropped their price objective on shares of Lowe’s Companies from $285.00 to $267.00 and set a “buy” rating on the stock in a report on Thursday, August 13th. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $262.63.
Check Out Our Latest Report on LOW
Key Headlines Impacting Lowe’s Companies
Here are the key news stories impacting Lowe’s Companies this week:
- Positive Sentiment: Lowe’s reported adjusted diluted EPS of $4.40, beating the consensus estimate by $0.18. GAAP diluted EPS was $4.27, while net earnings totaled approximately $2.4 billion. Lowe’s Q2 earnings report
- Positive Sentiment: Comparable sales increased 0.2%, and the company continues to benefit from its professional-customer, online and home-services businesses, which are helping offset weaker discretionary demand. Lowe’s second-quarter results
- Neutral Sentiment: Revenue rose to $25.96 billion, but it missed analysts’ expectations by roughly $150 million. GAAP EPS was unchanged from the year-earlier quarter, indicating limited profit growth despite higher sales. Lowe’s muted outlook
- Negative Sentiment: Lowe’s guided 2026 adjusted EPS to approximately $12.25 and revenue to about $92.0 billion, both below consensus estimates of $12.88 and $93.3 billion. Management expects persistent pressure in DIY spending as consumers delay expensive renovation projects amid a difficult housing market. Lowe’s cuts annual sales forecast
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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