Lowe’s Companies (NYSE:LOW) PT Lowered to $240.00

Lowe’s Companies (NYSE:LOW) had its price objective trimmed by DA Davidson from $270.00 to $240.00 in a research report released on Wednesday morning, Benzinga reports. The firm currently has a neutral rating on the home improvement retailer’s stock. DA Davidson also issued estimates for Lowe’s Companies’ Q2 2025 earnings at $3.98 EPS.

Other equities analysts have also recently issued reports about the company. JPMorgan Chase & Co. upped their price objective on Lowe’s Companies from $265.00 to $268.00 and gave the company an overweight rating in a research report on Wednesday, February 28th. Robert W. Baird raised shares of Lowe’s Companies from an average rating to an outperform rating and set a $250.00 price target for the company in a research report on Wednesday, February 14th. StockNews.com lowered shares of Lowe’s Companies from a buy rating to a hold rating in a research report on Wednesday, February 28th. Evercore ISI decreased their price target on shares of Lowe’s Companies from $255.00 to $250.00 and set an in-line rating on the stock in a research report on Wednesday. Finally, Morgan Stanley upped their price objective on Lowe’s Companies from $240.00 to $250.00 and gave the stock an overweight rating in a research note on Wednesday, February 28th. Fourteen research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat, Lowe’s Companies presently has an average rating of Hold and an average target price of $251.33.

Lowe’s Companies Stock Down 1.0 %

LOW stock opened at $215.21 on Wednesday. The business has a 50 day moving average of $236.44 and a 200 day moving average of $225.02. Lowe’s Companies has a twelve month low of $181.85 and a twelve month high of $262.49. The firm has a market cap of $123.14 billion, a PE ratio of 17.29, a price-to-earnings-growth ratio of 1.67 and a beta of 1.15.

Lowe’s Companies (NYSE:LOW) last posted its quarterly earnings results on Tuesday, May 21st. The home improvement retailer reported $3.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.94 by $0.12. Lowe’s Companies had a negative return on equity of 48.52% and a net margin of 8.46%. The firm had revenue of $21.36 billion during the quarter, compared to analyst estimates of $21.14 billion. During the same quarter in the previous year, the firm earned $3.67 EPS. Lowe’s Companies’s quarterly revenue was down 4.4% compared to the same quarter last year. On average, research analysts expect that Lowe’s Companies will post 12.22 earnings per share for the current fiscal year.

Lowe’s Companies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 8th. Shareholders of record on Wednesday, April 24th were issued a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 2.04%. The ex-dividend date of this dividend was Tuesday, April 23rd. Lowe’s Companies’s dividend payout ratio is presently 35.34%.

Institutional Investors Weigh In On Lowe’s Companies

Several large investors have recently bought and sold shares of the business. Paragon Private Wealth Management LLC increased its position in shares of Lowe’s Companies by 13.5% during the 4th quarter. Paragon Private Wealth Management LLC now owns 4,880 shares of the home improvement retailer’s stock valued at $1,086,000 after purchasing an additional 581 shares during the last quarter. ING Groep NV raised its stake in shares of Lowe’s Companies by 18,786.5% in the fourth quarter. ING Groep NV now owns 106,709 shares of the home improvement retailer’s stock valued at $23,748,000 after acquiring an additional 106,144 shares during the period. Clifford Swan Investment Counsel LLC lifted its holdings in shares of Lowe’s Companies by 0.3% in the 4th quarter. Clifford Swan Investment Counsel LLC now owns 215,442 shares of the home improvement retailer’s stock worth $47,947,000 after acquiring an additional 541 shares during the last quarter. Cary Street Partners Investment Advisory LLC boosted its stake in shares of Lowe’s Companies by 1.2% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 45,072 shares of the home improvement retailer’s stock worth $10,031,000 after purchasing an additional 540 shares during the period. Finally, Harbour Trust & Investment Management Co bought a new position in Lowe’s Companies during the 4th quarter valued at about $5,890,000. Institutional investors own 74.06% of the company’s stock.

Lowe’s Companies Company Profile

Lowe's Companies, Inc, together with its subsidiaries, operates as a home improvement retailer in the United States. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It also provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, and electrical.