Olde Wealth Management LLC purchased a new position in Lowe’s Companies, Inc. (NYSE:LOW – Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,577 shares of the home improvement retailer’s stock, valued at approximately $1,299,000.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Activest Wealth Management boosted its position in shares of Lowe’s Companies by 78.5% during the 3rd quarter. Activest Wealth Management now owns 116 shares of the home improvement retailer’s stock worth $29,000 after purchasing an additional 51 shares in the last quarter. Howard Hughes Medical Institute acquired a new stake in shares of Lowe’s Companies in the 2nd quarter valued at about $27,000. United Financial Planning Group LLC bought a new stake in Lowe’s Companies in the 3rd quarter valued at about $31,000. Traub Capital Management LLC bought a new stake in Lowe’s Companies in the 2nd quarter valued at about $30,000. Finally, Vermillion & White Wealth Management Group LLC raised its stake in Lowe’s Companies by 128.8% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 135 shares of the home improvement retailer’s stock worth $30,000 after buying an additional 76 shares during the period. 74.06% of the stock is owned by institutional investors.
Lowe’s Companies Stock Performance
Shares of LOW opened at $237.67 on Friday. The firm has a market capitalization of $133.32 billion, a P/E ratio of 20.06, a P/E/G ratio of 5.20 and a beta of 0.98. Lowe’s Companies, Inc. has a 52 week low of $206.38 and a 52 week high of $293.06. The stock has a 50 day moving average price of $268.39 and a two-hundred day moving average price of $254.17.
Lowe’s Companies News Summary
Here are the key news stories impacting Lowe’s Companies this week:
- Positive Sentiment: Zacks Research raised select longer-term forecasts—notably lifting Q4 2028 and Q4 2027 quarter estimates and publishing a higher FY2029 EPS projection—supporting the view of continued multi-year earnings growth.
- Positive Sentiment: Publications/analysts continue to flag Lowe’s as a dividend/stability name (included among undervalued dividend aristocrat lists), which supports its defensive appeal to income-focused investors. KGI Securities Initiates Coverage on Lowe’s (LOW) with ‘Neutral’ Rating
- Neutral Sentiment: KGI Securities initiated coverage with a ‘Neutral’ rating—this is not a bullish endorsement and may cap near-term upside until the firm provides a price target or further updates. KGI Securities initiates coverage on Lowe’s (LOW) with ‘neutral’ rating
- Negative Sentiment: Zacks cut several near-term quarter and fiscal-year EPS estimates (multiple Q1–Q3 2027 and Q1–Q2 2028 entries, and reductions to FY2027/FY2028), which directly pressures short-term profit expectations and investor sentiment.
- Negative Sentiment: Broader market weakness after oil-price/inflation fears drove an S&P 500 selloff—these macro headwinds typically weigh on consumer and renovation spending, adding downward pressure to Lowe’s shares. The S&P 500’s 1.5% Selloff Is Driven By A Few Key Factors
- Negative Sentiment: Sector-level weakness: coverage on The Home Depot highlights a sluggish housing/renovation backdrop and notes that Lowe’s shares have pulled back alongside peers—this competitive/market environment reduces near-term demand for large renovation projects. Home Depot Stock Keeps Falling—Analysts Say the Upside Is Still There
Insiders Place Their Bets
In other Lowe’s Companies news, CEO Marvin R. Ellison sold 18,000 shares of the firm’s stock in a transaction on Friday, January 9th. The stock was sold at an average price of $261.17, for a total transaction of $4,701,060.00. Following the transaction, the chief executive officer directly owned 231,043 shares in the company, valued at approximately $60,341,500.31. This trade represents a 7.23% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.27% of the company’s stock.
Analysts Set New Price Targets
Several research analysts have issued reports on LOW shares. JPMorgan Chase & Co. increased their price target on Lowe’s Companies from $300.00 to $325.00 and gave the stock an “overweight” rating in a report on Monday, February 9th. Royal Bank Of Canada upped their target price on Lowe’s Companies from $252.00 to $257.00 and gave the stock a “sector perform” rating in a research report on Monday, February 23rd. Jefferies Financial Group reiterated a “buy” rating and issued a $305.00 target price on shares of Lowe’s Companies in a report on Wednesday, February 25th. UBS Group reduced their price target on shares of Lowe’s Companies from $316.00 to $315.00 and set a “buy” rating for the company in a research report on Thursday, February 26th. Finally, KGI Securities assumed coverage on shares of Lowe’s Companies in a research note on Tuesday. They set a “neutral” rating and a $255.00 price target for the company. Twenty-one research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, Lowe’s Companies presently has an average rating of “Moderate Buy” and a consensus price target of $289.76.
Read Our Latest Research Report on Lowe’s Companies
Lowe’s Companies Company Profile
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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