Lowe’s Companies, Inc. $LOW Shares Sold by Schwartz Investment Counsel Inc.

Schwartz Investment Counsel Inc. lowered its holdings in Lowe’s Companies, Inc. (NYSE:LOW) by 31.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 184,500 shares of the home improvement retailer’s stock after selling 84,050 shares during the period. Lowe’s Companies makes up about 1.2% of Schwartz Investment Counsel Inc.’s holdings, making the stock its 29th biggest position. Schwartz Investment Counsel Inc.’s holdings in Lowe’s Companies were worth $34,002,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. BlackRock Inc. grew its stake in Lowe’s Companies by 1.8% in the 2nd quarter. BlackRock Inc. now owns 40,545,728 shares of the home improvement retailer’s stock valued at $8,939,928,000 after buying an additional 714,092 shares in the last quarter. State Street Corp raised its holdings in Lowe’s Companies by 3.6% during the 2nd quarter. State Street Corp now owns 25,329,373 shares of the home improvement retailer’s stock valued at $5,584,873,000 after acquiring an additional 880,815 shares during the period. Bank of New York Mellon Corp raised its holdings in Lowe’s Companies by 1.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 4,104,782 shares of the home improvement retailer’s stock valued at $905,063,000 after acquiring an additional 57,167 shares during the period. Amundi raised its holdings in Lowe’s Companies by 57.3% during the 2nd quarter. Amundi now owns 2,892,868 shares of the home improvement retailer’s stock valued at $637,848,000 after acquiring an additional 1,053,237 shares during the period. Finally, Swiss National Bank lifted its position in shares of Lowe’s Companies by 7.1% during the first quarter. Swiss National Bank now owns 1,646,320 shares of the home improvement retailer’s stock worth $388,992,000 after acquiring an additional 109,520 shares in the last quarter. 74.06% of the stock is currently owned by hedge funds and other institutional investors.

Lowe’s Companies Stock Up 0.0%

Lowe’s Companies stock opened at $198.23 on Wednesday. Lowe’s Companies, Inc. has a 1-year low of $178.45 and a 1-year high of $293.06. The firm’s 50 day simple moving average is $197.03 and its 200 day simple moving average is $227.33.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 EPS for the quarter, beating the consensus estimate of $4.22 by $0.18. The firm had revenue of $25.96 billion during the quarter, compared to the consensus estimate of $26.13 billion. During the same period in the previous year, the business earned $4.33 earnings per share. The firm’s revenue for the quarter was up 8.3% on a year-over-year basis. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. As a group, analysts predict that Lowe’s Companies, Inc. will post 12.25 earnings per share for the current year.

Lowe’s Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 4th. Investors of record on Wednesday, October 21st will be given a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Wednesday, October 21st.

Analysts Set New Price Targets

A number of research firms have recently commented on LOW. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $231.00 price target on shares of Lowe’s Companies in a report on Thursday, August 20th. Telsey Advisory Group decreased their price objective on Lowe’s Companies from $280.00 to $260.00 and set an “outperform” rating on the stock in a research note on Thursday, August 20th. Melius Research set a $244.00 price objective on Lowe’s Companies in a research note on Tuesday, October 6th. Gordon Haskett cut Lowe’s Companies from a “buy” rating to a “hold” rating and set a $200.00 price objective on the stock. in a report on Thursday, September 24th. Finally, Morgan Stanley restated an “overweight” rating on shares of Lowe’s Companies in a research note on Thursday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $253.48.

Lowe’s Companies Profile

Lowe’s Companies, Inc is a home improvement retailer serving do-it-yourself customers, professional contractors and commercial customers across the United States. The company sells products for home construction, maintenance, repair, remodeling and improvement through its stores and digital platforms.

Its merchandise includes appliances, tools, hardware, lumber, building materials, electrical and plumbing supplies, paint, flooring, kitchen and bathroom products, outdoor living items, lawn and garden products, and seasonal merchandise.