Dixon Mitchell Investment Counsel Inc. Trims Holdings in Lowe’s Companies, Inc. $LOW

Posted by George Bondi on Jun 14th, 2026

Lowe's Companies logo Dixon Mitchell Investment Counsel Inc. trimmed its stake in Lowe’s Companies, Inc. (NYSE:LOW – Free Report) by 18.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 212,480 shares of the home improvement retailer’s stock after selling 48,748 shares during the period. Lowe’s Companies accounts for about 1.7% of Dixon Mitchell Investment Counsel Inc.’s investment portfolio, making the stock its 22nd biggest position. Dixon Mitchell Investment Counsel Inc.’s holdings in Lowe’s Companies were worth $51,296,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in LOW. Brighton Jones LLC raised its stake in shares of Lowe’s Companies by 119.7% in the 4th quarter. Brighton Jones LLC now owns 31,965 shares of the home improvement retailer’s stock valued at $7,889,000 after acquiring an additional 17,413 shares during the period. Revolve Wealth Partners LLC raised its stake in shares of Lowe’s Companies by 31.6% in the 4th quarter. Revolve Wealth Partners LLC now owns 1,078 shares of the home improvement retailer’s stock valued at $266,000 after acquiring an additional 259 shares during the period. Sivia Capital Partners LLC raised its stake in shares of Lowe’s Companies by 22.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,534 shares of the home improvement retailer’s stock valued at $340,000 after acquiring an additional 280 shares during the period. United Bank raised its stake in shares of Lowe’s Companies by 1.3% in the 2nd quarter. United Bank now owns 12,124 shares of the home improvement retailer’s stock valued at $2,690,000 after acquiring an additional 155 shares during the period. Finally, Schnieders Capital Management LLC. raised its stake in shares of Lowe’s Companies by 13.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 2,378 shares of the home improvement retailer’s stock valued at $528,000 after acquiring an additional 275 shares during the period. 74.06% of the stock is owned by hedge funds and other institutional investors.

Lowe’s Companies Stock Down 0.2%

NYSE LOW opened at $220.57 on Friday. Lowe’s Companies, Inc. has a 52 week low of $203.40 and a 52 week high of $293.06. The stock has a market capitalization of $123.67 billion, a PE ratio of 18.64, a price-to-earnings-growth ratio of 2.79 and a beta of 0.86. The firm has a 50 day moving average of $228.38 and a two-hundred day moving average of $246.14.

Lowe’s Companies (NYSE:LOW – Get Free Report) last posted its quarterly earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 EPS for the quarter, topping the consensus estimate of $2.97 by $0.06. Lowe’s Companies had a net margin of 7.51% and a negative return on equity of 67.96%. The company had revenue of $23.08 billion during the quarter, compared to analysts’ expectations of $22.98 billion. During the same quarter in the previous year, the business posted $2.92 EPS. The firm’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 research analysts expect that Lowe’s Companies, Inc. will post 12.48 earnings per share for the current fiscal year.

Lowe’s Companies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 5th. Shareholders of record on Wednesday, July 22nd will be issued a dividend of $1.25 per share. This is a boost from Lowe’s Companies’s previous quarterly dividend of $1.20. The ex-dividend date is Wednesday, July 22nd. This represents a $5.00 annualized dividend and a yield of 2.3%. Lowe’s Companies’s dividend payout ratio (DPR) is presently 40.57%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on LOW shares. KeyCorp dropped their price objective on shares of Lowe’s Companies from $300.00 to $275.00 and set an “overweight” rating for the company in a report on Thursday, May 21st. Wolfe Research set a $254.00 price objective on shares of Lowe’s Companies in a report on Thursday, May 21st. BNP Paribas Exane dropped their price objective on shares of Lowe’s Companies from $228.00 to $202.00 and set an “underperform” rating for the company in a report on Thursday, May 21st. Gordon Haskett dropped their price objective on shares of Lowe’s Companies from $280.00 to $250.00 and set a “buy” rating for the company in a report on Thursday, May 21st. Finally, Raymond James Financial cut shares of Lowe’s Companies from a “market perform” rating to a “market perform” rating in a report on Tuesday, May 12th. Twenty-three equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Lowe’s Companies presently has an average rating of “Moderate Buy” and an average price target of $264.57.

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Lowe’s Companies Profile

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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.