Lowe’s Companies, Inc. $LOW Stock: Mather Group LLC. Raises Stake

Mather Group LLC. boosted its stake in Lowe’s Companies, Inc. (NYSE:LOW – Free Report) by 6.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 77,029 shares of the home improvement retailer’s stock after purchasing an additional 4,559 shares during the quarter. Mather Group LLC.’s holdings in Lowe’s Companies were worth $14,196,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in LOW. West Wealth Group LLC grew its position in shares of Lowe’s Companies by 10.1% during the 3rd quarter. West Wealth Group LLC now owns 1,374 shares of the home improvement retailer’s stock valued at $253,000 after purchasing an additional 126 shares in the last quarter. Strategy Asset Managers LLC increased its holdings in shares of Lowe’s Companies by 13.8% in the third quarter. Strategy Asset Managers LLC now owns 2,157 shares of the home improvement retailer’s stock worth $397,000 after purchasing an additional 261 shares during the period. Sanders Morris Harris LLC bought a new position in shares of Lowe’s Companies in the third quarter worth $3,060,000. Adirondack Trust Co. raised its position in shares of Lowe’s Companies by 8.2% in the third quarter. Adirondack Trust Co. now owns 2,600 shares of the home improvement retailer’s stock worth $479,000 after buying an additional 197 shares in the last quarter. Finally, Lodestone Wealth Management LLC raised its position in shares of Lowe’s Companies by 95.6% in the third quarter. Lodestone Wealth Management LLC now owns 221 shares of the home improvement retailer’s stock worth $41,000 after buying an additional 108 shares in the last quarter. Hedge funds and other institutional investors own 74.06% of the company’s stock.

More Lowe’s Companies News

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Lowe’s Companies Price Performance

LOW stock opened at $188.36 on Thursday. The firm has a 50 day simple moving average of $200.41 and a two-hundred day simple moving average of $215.19. The stock has a market cap of $105.68 billion, a PE ratio of 15.92, a P/E/G ratio of 1.58 and a beta of 0.89. Lowe’s Companies, Inc. has a one year low of $178.45 and a one year high of $293.06.

Lowe’s Companies (NYSE:LOW – Get Free Report) last posted its quarterly earnings data on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of $26.13 billion. During the same quarter last year, the company posted $4.33 EPS. The business’s quarterly 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, research analysts expect that Lowe’s Companies, Inc. will post 12.26 EPS for the current fiscal year.

Lowe’s Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 4th. Investors 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 yield of 2.7%. The ex-dividend date of this dividend is Wednesday, October 21st. Lowe’s Companies’s dividend payout ratio is currently 42.27%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Weiss Ratings lowered Lowe’s Companies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, August 17th. Gordon Haskett cut Lowe’s Companies from a “buy” rating to a “hold” rating and set a $200.00 target price for the company. in a research report on Thursday, September 24th. JPMorgan Chase & Co. decreased their target price on Lowe’s Companies from $279.00 to $252.00 and set an “overweight” rating on the stock in a research note on Friday, July 31st. Guggenheim reaffirmed a “buy” rating and issued a $275.00 price target on shares of Lowe’s Companies in a report on Monday, September 21st. Finally, Piper Sandler lowered their price target on Lowe’s Companies from $276.00 to $274.00 and set an “overweight” rating on the stock in a report on Thursday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $254.29.

Check Out Our Latest Research Report on Lowe’s Companies

Lowe’s Companies Company Profile

(Free Report)

Lowe’s Companies, Inc is a home improvement retailer serving homeowners, renters, and professional contractors primarily in the United States. The company operates through a network of retail stores and digital channels, offering products and services for home repair, maintenance, remodeling, construction, and outdoor living.

Its merchandise includes appliances, tools, hardware, lumber, building materials, plumbing and electrical supplies, paint, flooring, kitchen and bath products, lighting, home décor, lawn and garden equipment, and seasonal goods.

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Institutional Ownership by Quarter for Lowe's Companies (NYSE:LOW)

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