Lowe’s Companies, Inc. (NYSE:LOW – Get Free Report) has been assigned an average rating of “Moderate Buy” from the thirty-seven brokerages that are currently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation, twenty-two have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $253.48.
LOW has been the topic of a number of recent research reports. Melius Research set a $244.00 target price on shares of Lowe’s Companies in a report on Tuesday, October 6th. JPMorgan Chase & Co. lowered their target price on Lowe’s Companies from $279.00 to $252.00 and set an “overweight” rating for the company in a report on Friday, July 31st. Evercore set a $190.00 price target on Lowe’s Companies in a research report on Tuesday, October 6th. Sanford C. Bernstein cut their price target on Lowe’s Companies from $261.00 to $254.00 and set an “outperform” rating on the stock in a report on Wednesday, September 9th. Finally, TD Cowen restated a “hold” rating and set a $235.00 price objective on shares of Lowe’s Companies in a research report on Thursday, August 20th.
Get Our Latest Stock Report on Lowe’s Companies
Hedge Funds Weigh In On Lowe’s Companies
Hedge funds and other institutional investors have recently modified their holdings of the company. BlackRock Inc. boosted its stake in Lowe’s Companies by 1.8% during the second quarter. BlackRock Inc. now owns 40,545,728 shares of the home improvement retailer’s stock valued at $8,939,928,000 after buying an additional 714,092 shares in the last quarter. State Street Corp grew its holdings in Lowe’s Companies by 3.6% during the second quarter. State Street Corp now owns 25,329,373 shares of the home improvement retailer’s stock worth $5,584,873,000 after acquiring an additional 880,815 shares during the period. Bank of New York Mellon Corp raised its position in Lowe’s Companies by 1.4% in the second quarter. Bank of New York Mellon Corp now owns 4,104,782 shares of the home improvement retailer’s stock worth $905,063,000 after acquiring an additional 57,167 shares in the last quarter. Amundi raised its position in Lowe’s Companies by 57.3% in the second quarter. Amundi now owns 2,892,868 shares of the home improvement retailer’s stock worth $637,848,000 after acquiring an additional 1,053,237 shares in the last quarter. Finally, Swiss National Bank raised its position in Lowe’s Companies by 7.1% in the first quarter. Swiss National Bank now owns 1,646,320 shares of the home improvement retailer’s stock worth $388,992,000 after acquiring an additional 109,520 shares in the last quarter. Institutional investors and hedge funds own 74.06% of the company’s stock.
Key Lowe’s Companies News
Here are the key news stories impacting Lowe’s Companies this week:
- Positive Sentiment: Housing stocks, including Lowe’s, rallied after Democrats’ election gains as interest rates edged lower and investors saw signs inflation could ease. Lower borrowing costs could support housing activity and renovation spending. Read article
- Positive Sentiment: An institutional investor reportedly established a $6.93 million stake in Lowe’s ahead of earnings. The investment may signal confidence, although the article provides no details about the investor’s rationale and the stake alone does not establish a broader trend. Read article
- Positive Sentiment: Georgia Ports named Lowe’s its Supply Chain Impact Partner of the Year, recognizing the retailer’s supply-chain relationship. The recognition is favorable but does not indicate a specific financial benefit. Read article
- Neutral Sentiment: A report says Lowe’s plans to open new stores, but the supplied information does not specify locations, timing, or expected investment, limiting insight into the potential impact. Read article
Lowe’s Companies Stock Up 7.5%
NYSE:LOW opened at $229.42 on Friday. The company has a market cap of $128.72 billion, a PE ratio of 19.39, a P/E/G ratio of 1.79 and a beta of 0.81. The business’s 50 day moving average is $196.48 and its two-hundred day moving average is $225.60. Lowe’s Companies has a 52 week low of $178.45 and a 52 week high of $293.06.
Lowe’s Companies (NYSE:LOW – Get Free Report) last posted its quarterly 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 net margin of 7.34% and a negative return on equity of 75.67%. The company had revenue of $25.96 billion for the quarter, compared to the consensus estimate of $26.13 billion. During the same period last year, the firm posted $4.33 EPS. The company’s revenue for the quarter 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. As a group, sell-side analysts expect that Lowe’s Companies will post 12.25 EPS for the current fiscal year.
Lowe’s Companies Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, November 4th. Shareholders of record on Wednesday, October 21st were given a $1.25 dividend. The ex-dividend date of this dividend was Wednesday, October 21st. This represents a $5.00 annualized dividend and a yield of 2.2%. Lowe’s Companies’s dividend payout ratio (DPR) is currently 42.27%.
About Lowe’s Companies
Lowe’s Companies, Inc is a home improvement retailer serving do-it-yourself customers, professional contractors and commercial customers across the United States. The company sells products for home construction, maintenance, repair, remodeling and improvement through its stores and digital platforms.
Its merchandise includes appliances, tools, hardware, lumber, building materials, electrical and plumbing supplies, paint, flooring, kitchen and bathroom products, outdoor living items, lawn and garden products, and seasonal merchandise.
See Also
- Five stocks we like better than Lowe’s Companies
- Why ExxonMobil and Chevron Reminded Investors to Keep it Simple
- Amazon Has Erased Its Earnings Sell-Off, But Is the Biggest Opportunity Still Ahead?
- onsemi’s AI Sales Surge 175%: Is a Stock Recovery Next?
- Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage
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.
