Triglav Investments D.O.O. Trims Position in Lowe’s Companies, Inc. $LOW

Triglav Investments D.O.O. cut its holdings in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 5.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 53,010 shares of the home improvement retailer’s stock after selling 3,000 shares during the quarter. Lowe’s Companies comprises 0.8% of Triglav Investments D.O.O.’s portfolio, making the stock its 28th biggest position. Triglav Investments D.O.O.’s holdings in Lowe’s Companies were worth $12,784,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of LOW. Activest Wealth Management raised its position in 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 buying an additional 51 shares during the last quarter. OLD Second National Bank of Aurora raised its position in Lowe’s Companies by 52.5% during the 4th quarter. OLD Second National Bank of Aurora now owns 122 shares of the home improvement retailer’s stock worth $29,000 after buying an additional 42 shares during the last quarter. United Financial Planning Group LLC purchased a new position in Lowe’s Companies during the 3rd quarter worth approximately $31,000. Triumph Capital Management purchased a new position in Lowe’s Companies during the 3rd quarter worth approximately $34,000. Finally, Guerra Advisors Inc purchased a new position in Lowe’s Companies during the 3rd quarter worth approximately $35,000. 74.06% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have issued reports on LOW. Citigroup raised shares of Lowe’s Companies from a “neutral” rating to a “buy” rating and set a $285.00 price target for the company in a research report on Tuesday, May 12th. TD Cowen reduced their price target on shares of Lowe’s Companies from $280.00 to $235.00 and set a “hold” rating for the company in a research report on Thursday, May 21st. William Blair began coverage on shares of Lowe’s Companies in a research report on Tuesday, May 12th. They set an “overweight” rating for the company. Evercore reduced their price target on shares of Lowe’s Companies from $250.00 to $230.00 in a research report on Thursday, May 21st. Finally, Bank of America reduced their price target on shares of Lowe’s Companies from $260.00 to $257.00 and set a “neutral” rating for the company in a research report on Thursday, May 21st. Twenty-three equities research 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 data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $264.57.

Lowe’s Companies Price Performance

NYSE:LOW opened at $214.45 on Friday. The firm has a market cap of $120.11 billion, a price-to-earnings ratio of 18.13, a price-to-earnings-growth ratio of 2.75 and a beta of 0.91. The company has a 50 day moving average price of $232.49 and a 200-day moving average price of $247.36. Lowe’s Companies, Inc. has a 1-year low of $208.00 and a 1-year high of $293.06.

Lowe’s Companies (NYSE:LOW) last posted its earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share for the quarter, beating the consensus estimate of $2.97 by $0.06. The firm had revenue of $23.08 billion during the quarter, compared to analyst estimates of $22.98 billion. Lowe’s Companies had a net margin of 7.51% and a negative return on equity of 67.96%. The business’s quarterly revenue was up 10.3% on a year-over-year basis. During the same period in the previous year, the firm earned $2.92 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. On average, sell-side analysts anticipate that Lowe’s Companies, Inc. will post 12.5 earnings per share for the current fiscal year.

Lowe’s Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 5th. Stockholders of record on Wednesday, July 22nd will be issued a dividend of $1.25 per share. This is a positive change from Lowe’s Companies’s previous quarterly dividend of $1.20. The ex-dividend date of this dividend is Wednesday, July 22nd. This represents a $5.00 annualized dividend and a dividend yield of 2.3%. Lowe’s Companies’s payout ratio is presently 40.57%.

Lowe’s Companies 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.