Capital Square LLC bought a new stake in Lowe’s Companies, Inc. (NYSE:LOW – Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 2,695 shares of the home improvement retailer’s stock, valued at approximately $570,000.
Other large investors have also recently bought and sold shares of the company. Swiss RE Ltd. bought a new stake in Lowe’s Companies during the fourth quarter worth approximately $25,000. Wilkerson Advisory Group LLC bought a new position in Lowe’s Companies during the 4th quarter valued at $27,000. Sankala Group LLC acquired a new position in shares of Lowe’s Companies during the 4th quarter valued at $33,000. Triumph Capital Management acquired a new position in shares of Lowe’s Companies during the 3rd quarter valued at $34,000. Finally, Ares Financial Consulting LLC acquired a new stake in shares of Lowe’s Companies in the fourth quarter valued at $36,000. Institutional investors and hedge funds own 74.06% of the company’s stock.
Analysts Set New Price Targets
LOW has been the subject of several research reports. Craig Hallum raised Lowe’s Companies to a “buy” rating in a research note on Tuesday, May 12th. TD Cowen reissued a “hold” rating and issued a $235.00 price target on shares of Lowe’s Companies in a report on Thursday. HSBC reduced their price objective on shares of Lowe’s Companies from $260.00 to $220.00 and set a “hold” rating for the company in a research report on Thursday, May 21st. BNP Paribas Exane lowered their price objective on shares of Lowe’s Companies from $228.00 to $202.00 and set an “underperform” rating on the stock in a research note on Thursday, May 21st. Finally, Weiss Ratings downgraded shares of Lowe’s Companies from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, August 17th. Twenty-three research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $258.53.
More Lowe’s Companies News
Here are the key news stories impacting Lowe’s Companies this week:
- Positive Sentiment: Lowe’s reported quarterly revenue growth of 8.3% year over year and highlighted continued support from professional-customer demand, digital sales and disciplined promotions. Analysts also noted progress on the company’s longer-term strategy. Lowe’s Fiscal Q2 Results Highlight Progress on Long-Term Strategy
- Positive Sentiment: The company plans to invest approximately $10.5 million in a new store near Joint Base San Antonio-Randolph, expanding its store footprint and reaching a new local market. Lowe’s Plans New Store Near Joint Base San Antonio-Randolph
- Neutral Sentiment: Lowe’s received an $80 million tariff refund, but management intends to use the funds for business purposes rather than broad price cuts. This may support profitability or investment, though it offers little immediate benefit to consumers. Lowe’s Gets $80 Million Tariff Refund
- Neutral Sentiment: Several analysts maintained Buy, Outperform or Overweight ratings, with targets generally remaining above the current share price. However, targets were lowered by UBS, Mizuho, Telsey, Truist and others as expectations were recalibrated. Analysts Revise Lowe’s Forecasts After Q2 Earnings
- Negative Sentiment: Soft DIY demand, weak housing activity and Lowe’s comparatively weaker DIY mix remain key concerns. The cautious outlook implies that a broader home-improvement recovery may take longer than investors hoped. Lowe’s Q2 Earnings Call Flags DIY Pressure
- Negative Sentiment: Unusually heavy put-option activity indicates that some traders are positioning for additional weakness or greater volatility. Traders Buy Large Volume of Lowe’s Put Options
Lowe’s Companies Stock Performance
Shares of LOW stock opened at $216.53 on Monday. The stock’s 50 day simple moving average is $216.05 and its 200 day simple moving average is $232.74. Lowe’s Companies, Inc. has a twelve month low of $199.40 and a twelve month high of $293.06. The company has a market capitalization of $121.41 billion, a price-to-earnings ratio of 18.30, a PEG ratio of 2.87 and a beta of 0.86.
Lowe’s Companies (NYSE:LOW – Get Free Report) last announced its earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.22 by $0.18. Lowe’s Companies had a negative return on equity of 75.67% and a net margin of 7.34%.The firm had revenue of $25.96 billion during the quarter, compared to analysts’ expectations of $26.13 billion. During the same quarter in the prior year, the business earned $4.33 earnings per share. The company’s revenue was up 8.3% on a year-over-year basis. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. On average, analysts forecast that Lowe’s Companies, Inc. will post 12.29 EPS for the current fiscal year.
Lowe’s Companies Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Wednesday, July 22nd were issued a dividend of $1.25 per share. The ex-dividend date of this dividend was Wednesday, July 22nd. This represents a $5.00 annualized dividend and a dividend yield of 2.3%. This is an increase from Lowe’s Companies’s previous quarterly dividend of $1.20. Lowe’s Companies’s payout ratio is currently 42.27%.
Insider Buying and Selling
In related news, EVP Juliette Williams Pryor sold 9,330 shares of the firm’s stock in a transaction 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 transaction, the executive vice president directly owned 16,142 shares in the company, valued at approximately $3,628,883.02. This trade represents a 36.63% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Janice Dupre sold 14,150 shares of Lowe’s Companies stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $221.90, for a total transaction of $3,139,885.00. Following the completion of the transaction, the executive vice president owned 39,785 shares in the company, valued at $8,828,291.50. This trade represents a 26.24% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 25,980 shares of company stock valued at $5,796,937. Company insiders own 0.29% of the company’s stock.
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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