Whitener Capital Management Inc. Buys 2,636 Shares of Lowe’s Companies, Inc. $LOW

Whitener Capital Management Inc. raised its stake in shares of Lowe’s Companies, Inc. (NYSE:LOW – Free Report) by 12.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,979 shares of the home improvement retailer’s stock after buying an additional 2,636 shares during the quarter. Lowe’s Companies comprises 0.8% of Whitener Capital Management Inc.’s portfolio, making the stock its 28th biggest position. Whitener Capital Management Inc.’s holdings in Lowe’s Companies were worth $4,419,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of LOW. V Square Quantitative Management LLC increased its stake in Lowe’s Companies by 2.9% in the third quarter. V Square Quantitative Management LLC now owns 12,704 shares of the home improvement retailer’s stock valued at $2,341,000 after purchasing an additional 359 shares in the last quarter. Financial & Tax Architects LLC boosted its position in shares of Lowe’s Companies by 9.9% during the third quarter. Financial & Tax Architects LLC now owns 35,394 shares of the home improvement retailer’s stock worth $6,523,000 after purchasing an additional 3,174 shares in the last quarter. Community Trust & Investment Co. grew its holdings in shares of Lowe’s Companies by 4.0% in the 3rd quarter. Community Trust & Investment Co. now owns 59,565 shares of the home improvement retailer’s stock valued at $10,977,000 after buying an additional 2,284 shares during the period. Community Financial Services Group LLC grew its holdings in shares of Lowe’s Companies by 0.4% in the 3rd quarter. Community Financial Services Group LLC now owns 23,034 shares of the home improvement retailer’s stock valued at $4,201,000 after buying an additional 86 shares during the period. Finally, Assenagon Asset Management S.A. grew its holdings in shares of Lowe’s Companies by 125.8% in the 3rd quarter. Assenagon Asset Management S.A. now owns 404,213 shares of the home improvement retailer’s stock valued at $74,492,000 after buying an additional 225,211 shares during the period. 74.06% of the stock is owned by institutional investors.

Lowe’s Companies Stock Performance

NYSE:LOW opened at $195.86 on Friday. The company has a market cap of $109.89 billion, a PE ratio of 16.56, a PEG ratio of 1.57 and a beta of 0.89. Lowe’s Companies, Inc. has a 52-week low of $178.45 and a 52-week high of $293.06. The stock has a 50-day simple moving average of $199.96 and a 200 day simple moving average of $214.95.

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, beating 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 business had revenue of $25.96 billion for the quarter, compared to analyst estimates of $26.13 billion. During the same quarter last year, the firm earned $4.33 EPS. Lowe’s Companies’s revenue for the quarter was up 8.3% compared to the same quarter last year. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. On average, research analysts predict that Lowe’s Companies, Inc. will post 12.26 earnings per share for the current fiscal year.

Lowe’s Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 4th. Stockholders of record on Wednesday, October 21st will be paid a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Wednesday, October 21st. Lowe’s Companies’s dividend payout ratio (DPR) is currently 42.27%.

Analyst Ratings Changes

A number of analysts recently commented on LOW shares. Mizuho lowered their price objective on shares of Lowe’s Companies from $280.00 to $250.00 and set an “outperform” rating for the company in a research report on Thursday, August 20th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $231.00 target price on shares of Lowe’s Companies in a report on Thursday, August 20th. Morgan Stanley reissued an “overweight” rating on shares of Lowe’s Companies in a research note on Thursday, August 20th. TD Cowen reissued a “hold” rating and issued a $235.00 target price on shares of Lowe’s Companies in a research note on Thursday, August 20th. Finally, Citigroup lowered their price target on Lowe’s Companies from $267.00 to $260.00 and set a “buy” rating for the company in a report on Thursday, August 20th. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $254.29.

Get Our Latest Stock Analysis on LOW

Lowe’s Companies News Summary

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

  • Positive Sentiment: Unusual options activity suggests increased bullish positioning: traders purchased 13,431 LOW call options, 63% above the typical daily volume of 8,224 contracts. This may be contributing to near-term buying interest, although options activity can be speculative.
  • Positive Sentiment: Lowe’s is expanding its Black Friday savings events and adding exclusive rewards-member benefits, which could help drive holiday traffic, customer engagement and seasonal sales. Lowe’s makes major Black Friday changes shoppers should know
  • Positive Sentiment: The company’s dividend track record and focus on professional contractors continue to support its appeal to income-oriented investors. Its dividend has doubled since 2021, while its broad store network and customer relationships provide business resilience. Lowe’s Dividend Sustainability Looks Solid, but Returns Face a Test
  • Positive Sentiment: A planned 2027 Lowe’s rollout for Traeger products could create an additional merchandising and sales opportunity, though the financial impact is still ahead. Traeger: Waiting For The Lowe’s Rollout In 2027
  • Neutral Sentiment: Home Depot’s higher average ticket, resilient professional demand and big-ticket sales growth offer a constructive read-through for the home-improvement sector, but the report also highlights softer customer visits and housing-market pressure. Home Depot’s Rising Average Ticket Offsets Softer Customer Visits
  • Negative Sentiment: Analysts continue to flag cautious customers, intensified promotional competition and Lowe’s decision not to fully match competitors’ discounts. A frozen housing market and acquisition-related debt could also pressure cash flow and make continued dividend growth more difficult. What Could Derail Lowe’s Stock? Lowe’s Keeps Raising Its Dividend. A Frozen Housing Market Could Test That Streak

About Lowe’s Companies

(Free Report)

Lowe’s Companies, Inc is a home improvement retailer serving homeowners, renters, and professional contractors primarily in the United States. The company operates through a network of retail stores and digital channels, offering products and services for home repair, maintenance, remodeling, construction, and outdoor living.

Its merchandise includes appliances, tools, hardware, lumber, building materials, plumbing and electrical supplies, paint, flooring, kitchen and bath products, lighting, home décor, lawn and garden equipment, and seasonal goods.

See Also

Want to see what other hedge funds are holding LOW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lowe’s Companies, Inc. (NYSE:LOW – Free Report).

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

Receive News & Ratings for Lowe's Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lowe's Companies and related companies with MarketBeat.com's FREE daily email newsletter.