Invesco Ltd. Acquires 240,123 Shares of Lowe’s Companies, Inc. $LOW

Invesco Ltd. increased its holdings in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 5.2% in the 3rd quarter, Holdings Channel.com reports. The firm owned 4,830,373 shares of the home improvement retailer’s stock after acquiring an additional 240,123 shares during the quarter. Invesco Ltd.’s holdings in Lowe’s Companies were worth $1,213,921,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in LOW. Seven Mile Advisory bought a new position in Lowe’s Companies in the 3rd quarter worth approximately $257,000. Employees Retirement System of Texas lifted its holdings in shares of Lowe’s Companies by 22.8% during the third quarter. Employees Retirement System of Texas now owns 5,913 shares of the home improvement retailer’s stock worth $1,486,000 after buying an additional 1,099 shares during the last quarter. Sei Investments Co. boosted its position in shares of Lowe’s Companies by 0.4% in the third quarter. Sei Investments Co. now owns 628,664 shares of the home improvement retailer’s stock valued at $157,986,000 after acquiring an additional 2,655 shares during the period. Douglass Winthrop Advisors LLC boosted its position in shares of Lowe’s Companies by 5.5% in the third quarter. Douglass Winthrop Advisors LLC now owns 7,934 shares of the home improvement retailer’s stock valued at $1,994,000 after acquiring an additional 411 shares during the period. Finally, BOKF NA grew its stake in shares of Lowe’s Companies by 2.1% in the third quarter. BOKF NA now owns 26,687 shares of the home improvement retailer’s stock worth $6,707,000 after acquiring an additional 540 shares during the last quarter. Institutional investors own 74.06% of the company’s stock.

Lowe’s Companies Price Performance

LOW opened at $239.45 on Friday. The stock has a market capitalization of $134.32 billion, a P/E ratio of 20.21, a price-to-earnings-growth ratio of 5.36 and a beta of 0.98. The company’s 50 day simple moving average is $268.57 and its 200-day simple moving average is $254.32. Lowe’s Companies, Inc. has a one year low of $206.38 and a one year high of $293.06.

Lowe’s Companies (NYSE:LOW) last posted its quarterly earnings data on Wednesday, February 25th. The home improvement retailer reported $1.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.94 by $0.04. The firm had revenue of $20.58 billion for the quarter, compared to the consensus estimate of $20.34 billion. Lowe’s Companies had a negative return on equity of 61.40% and a net margin of 7.71%.The business’s revenue for the quarter was up 10.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.93 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. As a group, analysts anticipate that Lowe’s Companies, Inc. will post 11.9 EPS for the current year.

Insider Activity

In other news, CEO Marvin R. Ellison sold 18,000 shares of the company’s stock in a transaction on Friday, January 9th. The stock was sold at an average price of $261.17, for a total transaction of $4,701,060.00. Following the transaction, the chief executive officer owned 231,043 shares of the company’s stock, valued at $60,341,500.31. This represents a 7.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.27% of the stock is owned by company insiders.

Analysts Set New Price Targets

LOW has been the topic of a number of research reports. Gordon Haskett dropped their target price on shares of Lowe’s Companies from $325.00 to $300.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. Bank of America reduced their price target on shares of Lowe’s Companies from $290.00 to $280.00 and set a “buy” rating for the company in a report on Thursday, November 20th. Wells Fargo & Company raised their price target on shares of Lowe’s Companies from $280.00 to $290.00 and gave the stock an “overweight” rating in a research report on Thursday, February 26th. Evercore dropped their price objective on shares of Lowe’s Companies from $270.00 to $260.00 and set a “neutral” rating on the stock in a report on Tuesday, March 3rd. Finally, Royal Bank Of Canada upped their price objective on shares of Lowe’s Companies from $252.00 to $257.00 and gave the company a “sector perform” rating in a research report on Monday, February 23rd. Twenty-one analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Lowe’s Companies has a consensus rating of “Moderate Buy” and an average target price of $289.76.

Lowe’s Companies News Roundup

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

• Positive Sentiment: Bazaarvoice visual syndication — Lowe’s joined the Bazaarvoice Visual Syndication Network, which can increase high‑impact user photos/videos on product pages and improve conversion and marketing effectiveness. This is a modest operational positive for merchandising and e‑commerce. Bazaarvoice Partnership
• Positive Sentiment: Zacks raised some longer‑term estimates — the firm bumped a few Q4 and FY2029 estimates (FY2029 to $14.78), suggesting Zacks still sees longer‑term earnings upside even as it trims nearer‑term forecasts. This supports a constructive medium‑term earnings thesis (no link available).
• Neutral Sentiment: KGI initiates coverage with a Neutral rating — new coverage can increase liquidity and attention but the Neutral stance is unlikely to provide a near‑term catalyst. KGI Coverage
• Negative Sentiment: Zacks cut multiple near‑term estimates and trimmed FY2027/FY2028 — the research team lowered several quarterly forecasts (Q1–Q3 2027 and Q1–Q3 2028 items) and reduced FY2027 (to $12.62 from $13.10) and FY2028 (to $13.87 from $14.08). Those downward revisions weaken near‑term earnings visibility and likely pressured the stock today (no link available).
• Negative Sentiment: Sector / housing weakness — broader headwinds for renovation spending (persistent high mortgage rates, low housing turnover) are weighing on the home‑improvement group and have pulled rival Home Depot lower; that sector pressure is spilling over to Lowe’s and is a key reason for the recent share weakness (no link available).

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.