Signal Advisors Wealth LLC Has $214,000 Stake in Lowe’s Companies, Inc. $LOW

Signal Advisors Wealth LLC reduced its stake in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 94.7% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 907 shares of the home improvement retailer’s stock after selling 16,246 shares during the period. Signal Advisors Wealth LLC’s holdings in Lowe’s Companies were worth $214,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of LOW. Natixis Advisors LLC lifted its stake in Lowe’s Companies by 3.5% during the 4th quarter. Natixis Advisors LLC now owns 630,956 shares of the home improvement retailer’s stock valued at $152,161,000 after acquiring an additional 21,119 shares in the last quarter. Bridges Investment Management Inc. boosted its holdings in Lowe’s Companies by 6.1% during the 4th quarter. Bridges Investment Management Inc. now owns 446,441 shares of the home improvement retailer’s stock worth $107,664,000 after acquiring an additional 25,609 shares during the last quarter. Glenview Trust Co grew its stake in shares of Lowe’s Companies by 9.0% in the 4th quarter. Glenview Trust Co now owns 207,797 shares of the home improvement retailer’s stock worth $50,112,000 after acquiring an additional 17,225 shares in the last quarter. LPL Financial LLC grew its stake in shares of Lowe’s Companies by 2.3% in the 4th quarter. LPL Financial LLC now owns 993,332 shares of the home improvement retailer’s stock worth $239,552,000 after acquiring an additional 22,175 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC raised its holdings in shares of Lowe’s Companies by 12.0% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 178,881 shares of the home improvement retailer’s stock valued at $43,139,000 after purchasing an additional 19,096 shares during the last quarter. 74.06% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Lowe’s Companies

In other Lowe’s Companies news, EVP Margrethe R. Vagell sold 2,500 shares of the company’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $223.83, for a total transaction of $559,575.00. Following the sale, the executive vice president directly owned 20,220 shares of the company’s stock, valued at $4,525,842.60. This represents a 11.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Janice Dupre sold 14,150 shares of the company’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $221.90, for a total transaction of $3,139,885.00. Following the sale, the executive vice president directly owned 39,785 shares in the company, valued at approximately $8,828,291.50. This trade represents a 26.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 25,980 shares of company stock worth $5,796,937. Company insiders own 0.29% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on LOW. Mizuho dropped their price target on shares of Lowe’s Companies from $294.00 to $280.00 and set an “outperform” rating on the stock in a research report on Thursday, May 21st. HSBC decreased their price objective on shares of Lowe’s Companies from $260.00 to $220.00 and set a “hold” rating for the company in a research note on Thursday, May 21st. William Blair started coverage on shares of Lowe’s Companies in a research report on Tuesday, May 12th. They set an “overweight” rating on the stock. Stifel Nicolaus cut their target price on Lowe’s Companies from $270.00 to $220.00 and set a “hold” rating on the stock in a research note on Monday, May 18th. Finally, Bank of America reduced their target price on Lowe’s Companies from $260.00 to $257.00 and set a “neutral” rating for the company in a report on Thursday, May 21st. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Lowe’s Companies currently has an average rating of “Moderate Buy” and an average price target of $264.57.

Lowe’s Companies Trading Up 0.2%

Shares of NYSE LOW opened at $222.42 on Friday. The stock has a fifty day simple moving average of $224.26 and a two-hundred day simple moving average of $244.57. Lowe’s Companies, Inc. has a 1-year low of $203.40 and a 1-year high of $293.06. The firm has a market cap of $124.71 billion, a price-to-earnings ratio of 18.80, a price-to-earnings-growth ratio of 2.80 and a beta of 0.86.

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

Lowe’s Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 5th. Investors of record on Wednesday, July 22nd will be paid a $1.25 dividend. The ex-dividend date is Wednesday, July 22nd. This represents a $5.00 dividend on an annualized basis and a yield of 2.2%. This is an increase from Lowe’s Companies’s previous quarterly dividend of $1.20. Lowe’s Companies’s dividend payout ratio (DPR) 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.