Strategic Planning Group LLC Grows Stock Holdings in Lowe’s Companies, Inc. $LOW

Strategic Planning Group LLC grew its holdings in Lowe’s Companies, Inc. (NYSE:LOW) by 12.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,858 shares of the home improvement retailer’s stock after buying an additional 2,397 shares during the period. Strategic Planning Group LLC’s holdings in Lowe’s Companies were worth $5,271,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. Wellington Management Group LLP lifted its holdings in shares of Lowe’s Companies by 102.0% in the 3rd quarter. Wellington Management Group LLP now owns 4,204,311 shares of the home improvement retailer’s stock valued at $1,056,585,000 after acquiring an additional 2,122,622 shares during the last quarter. Victory Capital Management Inc. increased its stake in Lowe’s Companies by 207.2% during the third quarter. Victory Capital Management Inc. now owns 2,058,086 shares of the home improvement retailer’s stock worth $517,218,000 after acquiring an additional 1,388,133 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Lowe’s Companies by 1.7% in the 4th quarter. Vanguard Group Inc. now owns 56,230,787 shares of the home improvement retailer’s stock valued at $13,560,617,000 after purchasing an additional 924,625 shares during the last quarter. Worldquant Millennium Advisors LLC lifted its stake in shares of Lowe’s Companies by 243.2% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 1,116,945 shares of the home improvement retailer’s stock valued at $247,817,000 after purchasing an additional 791,526 shares during the last quarter. Finally, Alliancebernstein L.P. boosted its holdings in shares of Lowe’s Companies by 45.5% in the 3rd quarter. Alliancebernstein L.P. now owns 1,899,114 shares of the home improvement retailer’s stock worth $477,266,000 after purchasing an additional 593,779 shares during the period. 74.06% of the stock is currently owned by institutional investors.

Lowe’s Companies Stock Down 1.4%

Shares of Lowe’s Companies stock opened at $226.02 on Tuesday. The stock’s fifty day moving average is $241.06 and its two-hundred day moving average is $249.47. Lowe’s Companies, Inc. has a 52 week low of $210.33 and a 52 week high of $293.06. The company has a market capitalization of $126.58 billion, a PE ratio of 19.07, a price-to-earnings-growth ratio of 4.39 and a beta of 0.91.

Lowe’s Companies (NYSE:LOW) last released its earnings results on Wednesday, February 25th. The home improvement retailer reported $1.98 earnings per share for the quarter, topping the consensus estimate of $1.94 by $0.04. The business had revenue of $20.59 billion during the quarter, compared to the consensus estimate of $20.34 billion. Lowe’s Companies had a negative return on equity of 61.40% and a net margin of 7.71%.The business’s revenue for the quarter was up 10.9% compared to the same quarter last year. During the same period last year, the company earned $1.93 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. As a group, research analysts anticipate that Lowe’s Companies, Inc. will post 12.61 earnings per share for the current year.

Lowe’s Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Wednesday, April 22nd were given a $1.20 dividend. This represents a $4.80 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Wednesday, April 22nd. Lowe’s Companies’s payout ratio is 40.51%.

Wall Street Analysts Forecast Growth

LOW has been the topic of several analyst reports. Telsey Advisory Group boosted their target price on Lowe’s Companies from $285.00 to $295.00 and gave the company an “outperform” rating in a research report on Thursday, February 26th. Gordon Haskett dropped their price objective on shares of Lowe’s Companies from $300.00 to $280.00 in a research note on Friday. JPMorgan Chase & Co. boosted their price objective on shares of Lowe’s Companies from $300.00 to $325.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Rothschild & Co Redburn increased their target price on shares of Lowe’s Companies from $280.00 to $290.00 and gave the company a “buy” rating in a research note on Thursday, February 26th. Finally, Royal Bank Of Canada raised their target price on shares of Lowe’s Companies from $252.00 to $257.00 and gave the stock a “sector perform” rating in a report on Monday, February 23rd. Twenty equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $288.41.

About Lowe’s Companies

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.