Mach 1 Financial Group LLC raised its position in Lowe’s Companies, Inc. (NYSE:LOW – Free Report) by 413.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 5,038 shares of the home improvement retailer’s stock after buying an additional 4,056 shares during the period. Mach 1 Financial Group LLC’s holdings in Lowe’s Companies were worth $1,215,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of LOW. Wellington Management Group LLP boosted its stake in shares of Lowe’s Companies by 102.0% in the third quarter. Wellington Management Group LLP now owns 4,204,311 shares of the home improvement retailer’s stock worth $1,056,585,000 after acquiring an additional 2,122,622 shares during the last quarter. Victory Capital Management Inc. raised its stake in Lowe’s Companies by 207.2% in the 3rd quarter. Victory Capital Management Inc. now owns 2,058,086 shares of the home improvement retailer’s stock valued at $517,218,000 after purchasing an additional 1,388,133 shares during the last quarter. Vanguard Group Inc. raised its stake 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 valued at $13,560,617,000 after purchasing an additional 924,625 shares during the last quarter. Bessemer Group Inc. raised its stake in Lowe’s Companies by 3,540.1% in the 4th quarter. Bessemer Group Inc. now owns 843,487 shares of the home improvement retailer’s stock valued at $203,415,000 after purchasing an additional 820,315 shares during the last quarter. Finally, Worldquant Millennium Advisors LLC raised its stake in Lowe’s Companies by 243.2% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 1,116,945 shares of the home improvement retailer’s stock valued at $247,817,000 after purchasing an additional 791,526 shares during the last quarter. 74.06% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
LOW has been the subject of several recent research reports. KGI Securities initiated coverage on Lowe’s Companies in a research note on Tuesday, March 10th. They issued a “neutral” rating and a $255.00 price objective for the company. Sanford C. Bernstein reduced their price objective on Lowe’s Companies from $303.00 to $281.00 and set an “outperform” rating for the company in a research note on Thursday, May 14th. Argus increased their price objective on Lowe’s Companies from $286.00 to $288.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. William Blair assumed coverage on Lowe’s Companies in a research note on Tuesday, May 12th. They issued an “overweight” rating for the company. Finally, JPMorgan Chase & Co. raised their target price on shares of Lowe’s Companies from $300.00 to $325.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. Twenty-two equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Lowe’s Companies presently has a consensus rating of “Moderate Buy” and an average target price of $283.76.
Lowe’s Companies Price Performance
LOW opened at $221.25 on Thursday. The company’s 50 day simple moving average is $236.07 and its two-hundred day simple moving average is $248.40. Lowe’s Companies, Inc. has a 1-year low of $208.00 and a 1-year high of $293.06. The firm has a market capitalization of $123.92 billion, a price-to-earnings ratio of 18.67, a price-to-earnings-growth ratio of 4.19 and a beta of 0.91.
Lowe’s Companies (NYSE:LOW – Get Free Report) last released its earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share for the quarter, topping analysts’ consensus estimates of $2.97 by $0.06. Lowe’s Companies had a net margin of 7.71% and a negative return on equity of 61.40%. The business had revenue of $23.08 billion for the quarter, compared to analyst estimates of $22.98 billion. During the same period last year, the company posted $2.92 EPS. The business’s revenue was up 10.3% on a year-over-year basis. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. On average, equities analysts anticipate that Lowe’s Companies, Inc. will post 12.58 earnings per share for the current fiscal year.
Lowe’s Companies Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Wednesday, April 22nd were given a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a dividend 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%.
More Lowe’s Companies News
Here are the key news stories impacting Lowe’s Companies this week:
- Positive Sentiment: Lowe’s delivered a Q1 earnings and revenue beat, with adjusted EPS of $3.03 and sales of $23.08 billion, while comparable sales rose 0.6%. LOWE’S REPORTS FIRST QUARTER 2026 SALES AND EARNINGS RESULTS
- Positive Sentiment: Growth in pro sales, online sales, appliances and home services suggests the company is executing well in better-performing channels. Lowe’s beats Wall Street expectations against ‘challenging’ housing backdrop
- Positive Sentiment: Analysts highlighted Lowe’s pro momentum and spring execution as evidence that the business is holding up better than feared. Lowe’s Q1 Earnings Beat on Pro Momentum & Strong Spring Execution
- Neutral Sentiment: Management maintained its FY2026 outlook, but the guidance range was below consensus, tempering enthusiasm after the beat. Lowe’s maintains annual forecasts amid challenging housing demand
- Negative Sentiment: CEO comments about the “most difficult housing market” since the financial crisis reinforced concerns that demand could stay soft. Lowe’s CEO says this is the ‘most difficult housing market’ since the financial crisis
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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