Senator Sheldon Whitehouse (Democratic-Rhode Island) recently sold shares of Lowe’s Companies, Inc. (NYSE:LOW). In a filing disclosed on August 03rd, the Senator disclosed that they had sold between $1,001 and $15,000 in Lowe’s Companies stock on July 20th.
Senator Sheldon Whitehouse also recently made the following trade(s):
- Sold $15,001 – $50,000 in shares of NVIDIA (NASDAQ:NVDA) on 6/30/2026.
- Sold $1,001 – $15,000 in shares of Crown Castle (NYSE:CCI) on 6/25/2026.
- Purchased $15,001 – $50,000 in shares of Coherent (NYSE:COHR) on 6/25/2026.
- Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 6/25/2026.
- Sold $15,001 – $50,000 in shares of Apple (NASDAQ:AAPL) on 6/24/2026.
- Sold $100,001 – $250,000 in shares of NVIDIA (NASDAQ:NVDA) on 5/8/2026.
- Sold $15,001 – $50,000 in shares of Oracle (NYSE:ORCL) on 5/7/2026.
Lowe’s Companies Trading Up 0.7%
LOW traded up $1.54 during trading hours on Wednesday, hitting $219.62. 317,483 shares of the company’s stock were exchanged, compared to its average volume of 2,886,448. The firm has a market cap of $123.14 billion, a P/E ratio of 18.56, a price-to-earnings-growth ratio of 2.68 and a beta of 0.86. Lowe’s Companies, Inc. has a 12-month low of $199.40 and a 12-month high of $293.06. The firm has a 50 day moving average of $214.75 and a 200 day moving average of $237.77.
Lowe’s Companies Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 5th. Investors of record on Wednesday, July 22nd will be paid a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Wednesday, July 22nd. This is an increase from Lowe’s Companies’s previous quarterly dividend of $1.20. Lowe’s Companies’s payout ratio is currently 42.27%.
Wall Street Analysts Forecast Growth
A number of equities research analysts have issued reports on LOW shares. The Goldman Sachs Group reduced their price target on Lowe’s Companies from $300.00 to $293.00 and set a “buy” rating on the stock in a research report on Thursday, May 21st. Stifel Nicolaus cut their target price on shares of Lowe’s Companies from $270.00 to $220.00 and set a “hold” rating on the stock in a research note on Monday, May 18th. Evercore reduced their target price on shares of Lowe’s Companies from $250.00 to $230.00 in a report on Thursday, May 21st. Citigroup upgraded shares of Lowe’s Companies from a “neutral” rating to a “buy” rating and set a $285.00 price target for the company in a research note on Tuesday, May 12th. Finally, TD Cowen lowered their price target on shares of Lowe’s Companies from $280.00 to $235.00 and set a “hold” rating for the company in a report on Thursday, May 21st. Twenty-three equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $263.67.
Read Our Latest Stock Report on LOW
Insider Buying and Selling at Lowe’s Companies
In other Lowe’s Companies news, EVP Juliette Williams Pryor sold 9,330 shares of Lowe’s Companies stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $224.81, for a total value of $2,097,477.30. Following the transaction, the executive vice president directly owned 16,142 shares in the company, valued at approximately $3,628,883.02. The trade was a 36.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Janice Dupre sold 14,150 shares of the stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $221.90, for a total transaction of $3,139,885.00. Following the sale, the executive vice president 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 disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 25,980 shares of company stock worth $5,796,937. 0.29% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of LOW. Vanguard Group Inc. grew its holdings in shares of Lowe’s Companies by 1.7% during the fourth quarter. Vanguard Group Inc. now owns 56,230,787 shares of the home improvement retailer’s stock worth $13,560,617,000 after purchasing an additional 924,625 shares during the last quarter. State Street Corp increased its holdings in shares of 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 valued at $6,291,867,000 after acquiring an additional 124,501 shares during the period. Geode Capital Management LLC increased its holdings in shares of 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 valued at $3,201,329,000 after acquiring an additional 887,579 shares during the period. Norges Bank purchased a new stake in Lowe’s Companies in the 4th quarter valued at $1,993,697,000. Finally, Northern Trust Corp raised its position 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 during the last quarter. Institutional investors and hedge funds own 74.06% of the company’s stock.
About Senator Whitehouse
Sheldon Whitehouse (Democratic Party) is a member of the U.S. Senate from Rhode Island. He assumed office on January 3, 2007. His current term ends on January 3, 2031.
Whitehouse (Democratic Party) ran for re-election to the U.S. Senate to represent Rhode Island. He won in the general election on November 5, 2024.
About Lowe’s Companies
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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