Lowe’s Companies (NYSE:LOW) Price Target Lowered to $280.00 at Truist Financial

Posted by George Bondi on May 14th, 2026

Lowe’s Companies (NYSE:LOW – Free Report) had its price objective cut by Truist Financial from $293.00 to $280.00 in a research note issued to investors on Wednesday, MarketBeat Ratings reports. They currently have a buy rating on the home improvement retailer’s stock.

Other equities analysts have also issued reports about the stock. Wolfe Research decreased their price objective on shares of Lowe’s Companies from $285.00 to $284.00 and set an “outperform” rating for the company in a research report on Wednesday, February 4th. Telsey Advisory Group increased their price objective on shares of Lowe’s Companies from $285.00 to $295.00 and gave the company an “outperform” rating in a research report on Thursday, February 26th. Raymond James Financial lowered shares of Lowe’s Companies from a “market perform” rating to a “market perform” rating in a research report on Tuesday. Gordon Haskett decreased their price objective on shares of Lowe’s Companies from $300.00 to $280.00 in a research report on Friday, May 8th. Finally, KGI Securities assumed coverage on shares of Lowe’s Companies in a report on Tuesday, March 10th. They issued a “neutral” rating and a $255.00 price target on the stock. Twenty-two equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $287.97.

View Our Latest Report on Lowe’s Companies

Lowe’s Companies Stock Down 1.8%

Shares of Lowe’s Companies stock opened at $220.44 on Wednesday. The firm has a market capitalization of $123.46 billion, a P/E ratio of 18.60, a PEG ratio of 4.30 and a beta of 0.91. The company has a 50 day moving average price of $239.53 and a 200 day moving average price of $249.17. Lowe’s Companies has a 52 week low of $210.33 and a 52 week high of $293.06.

Lowe’s Companies (NYSE:LOW – Get Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The home improvement retailer reported $1.98 EPS for the quarter, beating the consensus estimate of $1.94 by $0.04. The firm had revenue of $20.59 billion during the quarter, compared to analyst estimates of $20.34 billion. Lowe’s Companies had a net margin of 7.71% and a negative return on equity of 61.40%. Lowe’s Companies’s revenue was up 10.9% on a year-over-year basis. During the same period last year, the firm posted $1.93 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. As a group, research analysts anticipate that Lowe’s Companies will post 12.61 earnings per share for the current fiscal year.

Lowe’s Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, May 6th. Investors of record on Wednesday, April 22nd were issued a $1.20 dividend. This represents a $4.80 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Wednesday, April 22nd. Lowe’s Companies’s payout ratio is presently 40.51%.

Institutional Investors Weigh In On Lowe’s Companies

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its holdings in Lowe’s Companies by 1.7% in the 4th quarter. Vanguard Group Inc. now owns 56,230,787 shares of the home improvement retailer’s stock worth $13,560,617,000 after acquiring an additional 924,625 shares in the last quarter. State Street Corp increased its holdings in Lowe’s Companies by 0.5% in the 3rd quarter. State Street Corp now owns 25,036,276 shares of the home improvement retailer’s stock worth $6,291,867,000 after acquiring an additional 124,501 shares in the last quarter. Geode Capital Management LLC increased its holdings in Lowe’s Companies by 7.1% in the 4th quarter. Geode Capital Management LLC now owns 13,326,581 shares of the home improvement retailer’s stock worth $3,201,329,000 after acquiring an additional 887,579 shares in the last quarter. Norges Bank purchased a new stake in Lowe’s Companies in the 4th quarter worth $1,993,697,000. Finally, Northern Trust Corp lifted its holdings in Lowe’s Companies by 1.5% in the 3rd quarter. Northern Trust Corp now owns 6,830,080 shares of the home improvement retailer’s stock valued at $1,716,467,000 after purchasing an additional 103,827 shares in the last quarter. Hedge funds and other institutional investors own 74.06% of the company’s stock.

Key Stories Impacting Lowe’s Companies

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

Positive Sentiment: Citigroup upgraded Lowe’s to Buy ahead of earnings, saying the home improvement chain is better positioned than peers to outperform despite macro uncertainty and a sluggish housing market. Citi upgrades Lowe’s to Buy but retail sector faces uncertain consumer outlook
Positive Sentiment: Recent previews from Zacks suggest Lowe’s has a solid setup for a potential earnings beat, with expectations for revenue and profit growth heading into next week’s release. Lowe’s (LOW) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
Positive Sentiment: Truist kept a Buy rating on Lowe’s even while trimming its price target to $280 from $293, implying meaningful upside from current levels. Truist cuts price target on Lowe’s to $280 from $293, keeps Buy rating
Neutral Sentiment: Lowe’s announced it will host its first-quarter 2026 earnings conference call on May 20, keeping investors focused on upcoming results and guidance. Lowe’s Companies, Inc. to Host First Quarter 2026 Earnings Conference Call on May 20
Neutral Sentiment: Several articles highlighted Lowe’s long-term stock performance and dividend appeal, but these are mostly retrospective and not likely to move the stock much today. Here’s How Much You Would Have Made Owning Lowe’s Companies Stock In The Last 15 Years
Negative Sentiment: Broader housing-market weakness remains a headwind for Lowe’s, with commentary noting that housing-related stocks are under pressure as the real estate cycle stays soft. Housing Stocks Are in Depression Mode. Whirlpool Down 81%, Lennar Crashed 54% While the S&P 500 Soars.
Negative Sentiment: BofA reportedly reinstated Lowe’s at Neutral, reinforcing a more cautious Wall Street stance even as some firms remain constructive. Analyst Reinstates Lowe’s (LOW) at ‘Neutral’ Rating

Lowe’s Companies Company Profile

(Get Free Report)

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.