Fiera Capital Corp Sells 23,066 Shares of Lowe’s Companies, Inc. $LOW

Fiera Capital Corp lowered its stake in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 3.4% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 661,526 shares of the home improvement retailer’s stock after selling 23,066 shares during the quarter. Fiera Capital Corp’s holdings in Lowe’s Companies were worth $159,534,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in LOW. OLD Second National Bank of Aurora boosted its holdings in Lowe’s Companies by 52.5% during the fourth 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 bought a new position in Lowe’s Companies during the third quarter worth about $31,000. Triumph Capital Management bought a new position in shares of Lowe’s Companies during the 3rd quarter valued at about $34,000. Financial Life Planners bought a new position in shares of Lowe’s Companies during the 3rd quarter valued at about $36,000. Finally, Ares Financial Consulting LLC acquired a new position in shares of Lowe’s Companies in the 4th quarter valued at approximately $36,000. Institutional investors own 74.06% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on LOW. KGI Securities began coverage on Lowe’s Companies in a research note on Tuesday, March 10th. They set a “neutral” rating and a $255.00 target price for the company. Citigroup raised Lowe’s Companies from a “neutral” rating to a “buy” rating and set a $285.00 target price for the company in a research note on Tuesday, May 12th. Bank of America lowered their target price on Lowe’s Companies from $260.00 to $257.00 and set a “neutral” rating for the company in a research note on Thursday, May 21st. Raymond James Financial cut Lowe’s Companies from a “market perform” rating to a “market perform” rating in a research note on Tuesday, May 12th. Finally, Royal Bank Of Canada lowered their target price on Lowe’s Companies from $264.00 to $232.00 and set a “sector perform” rating for the company in a research note on Thursday, May 21st. Twenty-three research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Lowe’s Companies has an average rating of “Moderate Buy” and an average price target of $264.57.

Lowe’s Companies News Roundup

Here are the key news stories impacting Lowe’s Companies this week:

• Positive Sentiment: Jefferies said Lowe’s new home-maintenance program could expand subscription-style revenue, giving the retailer a more recurring growth stream and a potential valuation tailwind. Lowe’s Wants to Help You Change Lightbulbs. How That Could Boost the Stock.
• Positive Sentiment: Zacks Research raised some near- and longer-term earnings estimates for Lowe’s, including Q1 2028 and Q1 2029, which suggests analysts see solid earnings power ahead. Lowe’s Companies, Inc. estimate updates
• Positive Sentiment: Recent articles highlighted Lowe’s dividend hike alongside other high-yield stocks, reinforcing the company’s appeal for income investors in a volatile market. The Zacks Analyst Blog Highlights UnitedHealth, Donaldson, Lowe’s and ePlus
• Neutral Sentiment: Several roundup pieces focused on Lowe’s as a recent dividend grower, which is supportive for sentiment but not a major operational catalyst on its own. 5 Stocks to Watch on Their Recent Dividend Hikes in a Volatile Market
• Neutral Sentiment: Another market wrap also mentioned Lowe’s among dividend-paying names attracting attention from cautious investors. 3 High-Yielding Dividend Stocks That Just Raised Their Payouts
• Negative Sentiment: Zacks trimmed some earnings estimates for FY2027, FY2028 and a few quarterly periods, signaling a bit more caution on Lowe’s longer-term profit trajectory. Lowe’s Companies, Inc. estimate updates

Lowe’s Companies Stock Performance

NYSE LOW opened at $210.81 on Monday. The stock has a market capitalization of $118.20 billion, a price-to-earnings ratio of 17.82, a PEG ratio of 2.66 and a beta of 0.87. The stock’s 50 day moving average price is $230.12 and its two-hundred day moving average price is $246.65. Lowe’s Companies, Inc. has a 52 week low of $203.40 and a 52 week high of $293.06.

Lowe’s Companies (NYSE:LOW) last released its earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 EPS for the quarter, beating the consensus estimate of $2.97 by $0.06. The firm had revenue of $23.08 billion for the quarter, compared to analysts’ expectations of $22.98 billion. Lowe’s Companies had a negative return on equity of 67.96% and a net margin of 7.51%.The business’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.92 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. On average, equities research analysts forecast that Lowe’s Companies, Inc. will post 12.48 EPS for the current year.

Lowe’s Companies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 5th. Shareholders of record on Wednesday, July 22nd will be given 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 2.4%. Lowe’s Companies’s payout ratio is presently 40.57%.

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.