Fulton Breakefield Broenniman LLC Decreases Stake in Lowe’s Companies, Inc. $LOW

Posted by Geri Gentry on Aug 15th, 2026

Lowe's Companies logo Fulton Breakefield Broenniman LLC cut its holdings in Lowe’s Companies, Inc. (NYSE:LOW – Free Report) by 3.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,239 shares of the home improvement retailer’s stock after selling 2,507 shares during the quarter. Lowe’s Companies accounts for 1.0% of Fulton Breakefield Broenniman LLC’s portfolio, making the stock its 21st biggest holding. Fulton Breakefield Broenniman LLC’s holdings in Lowe’s Companies were worth $16,810,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of LOW. BIP Wealth LLC raised its position in Lowe’s Companies by 28.0% in the second quarter. BIP Wealth LLC now owns 1,918 shares of the home improvement retailer’s stock worth $423,000 after acquiring an additional 420 shares in the last quarter. Persium Advisors LLC boosted its position in shares of Lowe’s Companies by 31.0% during the 2nd quarter. Persium Advisors LLC now owns 3,709 shares of the home improvement retailer’s stock worth $818,000 after purchasing an additional 877 shares in the last quarter. Summit Wealth Partners LLC purchased a new stake in shares of Lowe’s Companies during the 2nd quarter worth $206,000. Oppenheimer Asset Management Inc. boosted its position in shares of Lowe’s Companies by 2.4% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 164,372 shares of the home improvement retailer’s stock worth $36,242,000 after purchasing an additional 3,837 shares in the last quarter. Finally, Dockside LLC acquired a new position in shares of Lowe’s Companies during the 2nd quarter worth $2,171,000. Institutional investors and hedge funds own 74.06% of the company’s stock.

Lowe’s Companies Stock Down 0.0%

Shares of LOW stock opened at $218.19 on Friday. The stock has a market cap of $122.34 billion, a P/E ratio of 18.44, a P/E/G ratio of 2.79 and a beta of 0.86. Lowe’s Companies, Inc. has a fifty-two week low of $199.40 and a fifty-two week high of $293.06. The business has a fifty day simple moving average of $216.00 and a 200-day simple moving average of $234.87.

Lowe’s Companies (NYSE:LOW – Get Free Report) last released its quarterly earnings data 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. The business had revenue of $23.08 billion for 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 business’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.92 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. On average, sell-side analysts anticipate that Lowe’s Companies, Inc. will post 12.44 earnings per share for the current year.

Lowe’s Companies Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Wednesday, July 22nd were given a dividend of $1.25 per share. The ex-dividend date was Wednesday, July 22nd. This is an increase from Lowe’s Companies’s previous quarterly dividend of $1.20. This represents a $5.00 dividend on an annualized basis and a yield of 2.3%. Lowe’s Companies’s dividend payout ratio (DPR) is presently 42.27%.

Trending Headlines about Lowe’s Companies

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

Positive Sentiment: Lowe’s is described as trading at its lowest forward price-to-earnings multiple in more than two years. Its status as a Dividend King, along with a recent dividend increase, strengthens the long-term income-investment case. 1 Number That Makes Lowe’s Stock an Obvious Buy Before Aug. 19
Positive Sentiment: Several analysts remain moderately optimistic despite the recent underperformance. Citigroup retained a “buy” rating while lowering its price target to $267 from $285, and Wells Fargo’s reduced target of $245 still implies meaningful upside from recent levels. Citigroup Lowe’s Price Target Update
Positive Sentiment: Investor articles argue that a series of downward Q2 EPS estimate revisions may have lowered expectations and created the potential for a favorable earnings surprise. The longer-term bull case remains tied to Lowe’s brand strength, home-improvement demand and operating potential. Lowe’s Q2 EPS Revisions
Neutral Sentiment: Wall Street projections for the quarter ended July 2026 are focusing on key operating metrics beyond revenue and EPS. The Aug. 19 report is the next major catalyst and could determine the near-term direction of the shares. Insights Into Lowe’s Q2 Wall Street Projections
Neutral Sentiment: Lowe’s has completed a five-year, $100 million hometown revitalization commitment and announced additional community investments. These efforts may support brand reputation but are unlikely to materially affect near-term earnings. Is Lowe’s Companies Undervalued As Its Earnings Call Nears?
Negative Sentiment: Royal Bank of Canada lowered its expectations for Lowe’s, adding to concerns about near-term performance ahead of earnings. The company also faces elevated expectations around its upcoming results despite recent estimate reductions. Royal Bank of Canada Lowe’s Expectations

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on LOW shares. Truist Financial cut their price target on shares of Lowe’s Companies from $280.00 to $255.00 and set a “buy” rating for the company in a report on Thursday, May 21st. Raymond James Financial downgraded shares of Lowe’s Companies from a “market perform” rating to a “market perform” rating in a report on Tuesday, May 12th. UBS Group lowered their target price on shares of Lowe’s Companies from $315.00 to $285.00 and set a “buy” rating on the stock in a research report on Thursday, May 21st. Citigroup lowered their target price on shares of Lowe’s Companies from $285.00 to $267.00 and set a “buy” rating on the stock in a research report on Thursday. Finally, Piper Sandler dropped their target price on shares of Lowe’s Companies from $276.00 to $274.00 and set an “overweight” rating for the company in a report on Thursday. Twenty-three analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $262.63.

Get Our Latest Stock Analysis on LOW

Insider Buying and Selling at Lowe’s Companies

In other news, EVP Juliette Williams Pryor sold 9,330 shares of the firm’s stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $224.81, for a total transaction of $2,097,477.30. Following the completion of the transaction, the executive vice president directly owned 16,142 shares of the company’s stock, valued at $3,628,883.02. This trade represents a 36.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Margrethe R. Vagell sold 2,500 shares of Lowe’s Companies stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $223.83, for a total value of $559,575.00. Following the transaction, the executive vice president owned 20,220 shares of the company’s stock, valued at $4,525,842.60. This represents a 11.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 25,980 shares of company stock valued at $5,796,937 over the last quarter. Corporate insiders own 0.29% of the company’s stock.

Lowe’s Companies Profile

(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.