Lowe’s Companies, Inc. (NYSE:LOW – Get Free Report) EVP Janice Dupre sold 14,150 shares of the business’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $221.90, for a total transaction of $3,139,885.00. Following the completion of the transaction, the executive vice president directly owned 39,785 shares of the company’s stock, valued at $8,828,291.50. This trade represents a 26.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Lowe’s Companies Stock Down 3.1%
Shares of LOW stock opened at $217.12 on Thursday. The firm has a market capitalization of $121.74 billion, a price-to-earnings ratio of 18.35, a price-to-earnings-growth ratio of 2.83 and a beta of 0.86. Lowe’s Companies, Inc. has a 12-month low of $203.40 and a 12-month high of $293.06. The firm has a fifty day moving average of $227.64 and a 200-day moving average of $245.84.
Lowe’s Companies (NYSE:LOW – Get Free Report) last announced 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. The firm had revenue of $23.08 billion during the quarter, compared to analyst estimates of $22.98 billion. Lowe’s Companies had a net margin of 7.51% and a negative return on equity of 67.96%. The company’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same period in the prior year, the business earned $2.92 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. Research analysts expect that Lowe’s Companies, Inc. will post 12.48 earnings per share for the current year.
Lowe’s Companies Increases Dividend
Wall Street Analysts Forecast Growth
LOW has been the topic of several analyst reports. Evercore cut their price target on shares of Lowe’s Companies from $250.00 to $230.00 in a research report on Thursday, May 21st. Weiss Ratings cut shares of Lowe’s Companies from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, June 4th. Raymond James Financial lowered shares of Lowe’s Companies from a “market perform” rating to a “market perform” rating in a research note on Tuesday, May 12th. Wolfe Research set a $254.00 price target on shares of Lowe’s Companies in a research note on Thursday, May 21st. Finally, DA Davidson restated a “neutral” rating and set a $275.00 target price on shares of Lowe’s Companies in a research report on Wednesday, May 20th. Twenty-three 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. According to data from MarketBeat.com, Lowe’s Companies has a consensus rating of “Moderate Buy” and an average target price of $264.57.
Read Our Latest Analysis on LOW
Institutional Trading of Lowe’s Companies
Several large investors have recently made changes to their positions in LOW. Norges Bank acquired a new stake in shares of Lowe’s Companies during the 4th quarter worth approximately $1,993,697,000. Wellington Management Group LLP boosted its position in shares of Lowe’s Companies by 102.0% during the 3rd 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 in the last quarter. Price T Rowe Associates Inc. MD boosted its position in shares of Lowe’s Companies by 45.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 6,555,565 shares of the home improvement retailer’s stock worth $1,580,941,000 after acquiring an additional 2,039,343 shares in the last quarter. J. Stern & Co. LLP boosted its position in shares of Lowe’s Companies by 7,814.9% during the 4th quarter. J. Stern & Co. LLP now owns 1,490,369 shares of the home improvement retailer’s stock worth $359,417,000 after acquiring an additional 1,471,539 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its position in shares of Lowe’s Companies by 207.2% during the 3rd quarter. Victory Capital Management Inc. now owns 2,058,086 shares of the home improvement retailer’s stock worth $517,218,000 after acquiring an additional 1,388,133 shares in the last quarter. Institutional investors and hedge funds own 74.06% of the company’s stock.
Lowe’s Companies Company 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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