Lowe’s Companies, Inc. $LOW Stock: International Assets Investment Management LLC Reduces Position

International Assets Investment Management LLC trimmed its position in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 92.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 8,650 shares of the home improvement retailer’s stock after selling 99,166 shares during the quarter. International Assets Investment Management LLC’s holdings in Lowe’s Companies were worth $1,578,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of LOW. Waldron Private Wealth LLC raised its stake in Lowe’s Companies by 4.0% in the 3rd quarter. Waldron Private Wealth LLC now owns 3,814 shares of the home improvement retailer’s stock valued at $703,000 after acquiring an additional 145 shares during the period. Calamos Wealth Management LLC increased its stake in shares of Lowe’s Companies by 1.6% in the third quarter. Calamos Wealth Management LLC now owns 6,059 shares of the home improvement retailer’s stock worth $1,117,000 after purchasing an additional 96 shares in the last quarter. Alta Advisers Ltd raised its position in shares of Lowe’s Companies by 84.0% in the third quarter. Alta Advisers Ltd now owns 4,036 shares of the home improvement retailer’s stock valued at $744,000 after purchasing an additional 1,843 shares during the period. Birchwood Financial Partners Inc. bought a new stake in shares of Lowe’s Companies in the third quarter valued at approximately $75,000. Finally, Westside Investment Management Inc. raised its position in shares of Lowe’s Companies by 13.2% in the third quarter. Westside Investment Management Inc. now owns 984 shares of the home improvement retailer’s stock valued at $181,000 after purchasing an additional 115 shares during the period. 74.06% of the stock is owned by institutional investors.

Lowe’s Companies Price Performance

Shares of LOW opened at $225.13 on Monday. The firm has a market cap of $126.31 billion, a P/E ratio of 19.03, a P/E/G ratio of 1.88 and a beta of 0.81. The stock has a 50 day simple moving average of $197.18 and a two-hundred day simple moving average of $225.13. Lowe’s Companies, Inc. has a 1 year low of $178.45 and a 1 year high of $293.06.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings data on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share for the quarter, beating analysts’ consensus estimates of $4.22 by $0.18. Lowe’s Companies had a negative return on equity of 75.67% and a net margin of 7.34%. The firm had revenue of $25.96 billion during the quarter, compared to analyst estimates of $26.13 billion. During the same quarter in the prior year, the firm posted $4.33 earnings per share. The business’s quarterly revenue was up 8.3% compared to the same quarter last year. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. On average, equities analysts anticipate that Lowe’s Companies, Inc. will post 12.25 earnings per share for the current year.

Lowe’s Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 4th. Investors of record on Wednesday, October 21st were issued a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Wednesday, October 21st. Lowe’s Companies’s dividend payout ratio is currently 42.27%.

Analyst Ratings Changes

LOW has been the topic of a number of recent research reports. Stifel Nicolaus dropped their price target on shares of Lowe’s Companies from $220.00 to $195.00 and set a “hold” rating on the stock in a research note on Monday, October 26th. Telsey Advisory Group lowered their target price on shares of Lowe’s Companies from $280.00 to $260.00 and set an “outperform” rating on the stock in a report on Thursday, August 20th. TD Cowen restated a “hold” rating and set a $235.00 target price on shares of Lowe’s Companies in a research report on Thursday, August 20th. Piper Sandler dropped their target price on Lowe’s Companies from $276.00 to $274.00 and set an “overweight” rating on the stock in a research report on Thursday, August 13th. Finally, Mizuho cut their price target on Lowe’s Companies from $280.00 to $250.00 and set an “outperform” rating for the company in a report on Thursday, August 20th. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $253.48.

Lowe’s Companies Company Profile

Lowe’s Companies, Inc is a home improvement retailer serving homeowners, do-it-yourself customers and professional contractors. The company sells products for construction, maintenance, repair and renovation through its retail stores and online channels.

Its offerings include appliances, tools, hardware, lumber and building materials, paint, plumbing and electrical supplies, and products for lawn and garden. Lowe’s also provides services such as installation and other project support.

Founded in 1921 in North Wilkesboro, North Carolina, Lowe’s has grown into a major retailer operating across the United States.