The Manufacturers Life Insurance Company Decreases Stake in Lowe’s Companies, Inc. $LOW

Posted by Francis Steltz on Sep 11th, 2026

Lowe's Companies logo The Manufacturers Life Insurance Company cut its stake in shares of Lowe’s Companies, Inc. (NYSE:LOW – Free Report) by 3.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,230,979 shares of the home improvement retailer’s stock after selling 49,223 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Lowe’s Companies were worth $271,418,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Natixis Advisors LLC raised its position in Lowe’s Companies by 3.5% during the fourth quarter. Natixis Advisors LLC now owns 630,956 shares of the home improvement retailer’s stock worth $152,161,000 after acquiring an additional 21,119 shares during the last quarter. Bridges Investment Management Inc. grew its position in shares of Lowe’s Companies by 6.1% in the fourth quarter. Bridges Investment Management Inc. now owns 446,441 shares of the home improvement retailer’s stock valued at $107,664,000 after purchasing an additional 25,609 shares during the last quarter. Kathmere Capital Management LLC increased its stake in shares of Lowe’s Companies by 133.9% during the 1st quarter. Kathmere Capital Management LLC now owns 9,402 shares of the home improvement retailer’s stock worth $2,222,000 after purchasing an additional 5,383 shares in the last quarter. Glenview Trust Co increased its stake in shares of Lowe’s Companies by 9.0% during the 4th quarter. Glenview Trust Co now owns 207,797 shares of the home improvement retailer’s stock worth $50,112,000 after purchasing an additional 17,225 shares in the last quarter. Finally, LPL Financial LLC raised its position in shares of Lowe’s Companies by 2.3% during the 4th quarter. LPL Financial LLC now owns 993,332 shares of the home improvement retailer’s stock worth $239,552,000 after purchasing an additional 22,175 shares during the last quarter. Hedge funds and other institutional investors own 74.06% of the company’s stock.

Wall Street Analyst Weigh In

LOW has been the topic of a number of analyst reports. Evercore lowered their target price on Lowe’s Companies from $250.00 to $230.00 in a report on Thursday, May 21st. Robert W. Baird dropped their price objective on Lowe’s Companies from $320.00 to $270.00 and set an “outperform” rating for the company in a research report on Thursday, May 21st. Weiss Ratings downgraded shares of Lowe’s Companies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, August 17th. Wells Fargo & Company decreased their price objective on Lowe’s Companies from $255.00 to $245.00 and set an “overweight” rating on the stock in a report on Tuesday, August 11th. Finally, TD Cowen reaffirmed a “hold” rating and set a $235.00 price objective on shares of Lowe’s Companies in a research note on Thursday, August 20th. Twenty-three 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’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $257.63.

Check Out Our Latest Research Report on LOW

Insider Activity at Lowe’s Companies

In related news, EVP Juliette Pryor sold 9,330 shares of the company’s stock in a transaction 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 sale, the executive vice president directly owned 16,142 shares of the company’s stock, valued at approximately $3,628,883.02. This represents a 36.63% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Margrethe Vagell sold 2,500 shares of the stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $223.83, for a total value of $559,575.00. Following the completion of the sale, the executive vice president owned 20,220 shares of the company’s stock, valued at approximately $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. In the last 90 days, insiders have sold 25,980 shares of company stock worth $5,796,937. 0.29% of the stock is currently owned by corporate insiders.

Lowe’s Companies Price Performance

NYSE LOW opened at $196.47 on Friday. The firm has a market capitalization of $110.23 billion, a P/E ratio of 16.61, a P/E/G ratio of 2.64 and a beta of 0.85. Lowe’s Companies, Inc. has a 1-year low of $195.06 and a 1-year high of $293.06. The business’s 50-day simple moving average is $211.67 and its 200-day simple moving average is $225.24.

Lowe’s Companies (NYSE:LOW – Get Free Report) last posted its earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.22 by $0.18. Lowe’s Companies had a net margin of 7.34% and a negative return on equity of 75.67%. The firm had revenue of $25.96 billion during the quarter, compared to the consensus estimate of $26.13 billion. During the same quarter in the prior year, the company earned $4.33 EPS. The company’s revenue was up 8.3% on a year-over-year basis. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. On average, equities research analysts expect that Lowe’s Companies, Inc. will post 12.26 EPS for the current fiscal year.

Lowe’s Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 4th. Stockholders of record on Wednesday, October 21st will be paid a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Wednesday, October 21st. Lowe’s Companies’s dividend payout ratio (DPR) is currently 42.27%.

About Lowe’s Companies

(Free Report)

Lowe’s Companies, Inc is a home improvement retailer that serves homeowners, renters, and professional contractors primarily through stores and digital platforms in the United States. The company sells a broad selection of products for maintenance, repair, remodeling, and construction projects.

Its merchandise includes appliances, tools, hardware, lumber, building materials, plumbing and electrical supplies, paint, flooring, lighting, kitchen and bathroom products, outdoor living items, lawn and garden products, and seasonal goods.