Moors & Cabot Inc. Grows Stake in Lowe’s Companies, Inc. $LOW

Moors & Cabot Inc. raised its position in Lowe’s Companies, Inc. (NYSE:LOW) by 32.4% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 28,998 shares of the home improvement retailer’s stock after acquiring an additional 7,089 shares during the quarter. Moors & Cabot Inc.’s holdings in Lowe’s Companies were worth $7,287,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Brighton Jones LLC grew its position in Lowe’s Companies by 119.7% during the fourth quarter. Brighton Jones LLC now owns 31,965 shares of the home improvement retailer’s stock valued at $7,889,000 after buying an additional 17,413 shares during the period. Revolve Wealth Partners LLC raised its position in Lowe’s Companies by 31.6% in the fourth quarter. Revolve Wealth Partners LLC now owns 1,078 shares of the home improvement retailer’s stock worth $266,000 after acquiring an additional 259 shares during the period. Sivia Capital Partners LLC boosted its stake in shares of Lowe’s Companies by 22.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,534 shares of the home improvement retailer’s stock worth $340,000 after acquiring an additional 280 shares during the last quarter. United Bank boosted its stake in shares of Lowe’s Companies by 1.3% during the 2nd quarter. United Bank now owns 12,124 shares of the home improvement retailer’s stock worth $2,690,000 after acquiring an additional 155 shares during the last quarter. Finally, Schnieders Capital Management LLC. grew its position in shares of Lowe’s Companies by 13.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 2,378 shares of the home improvement retailer’s stock valued at $528,000 after acquiring an additional 275 shares during the period. 74.06% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have issued reports on LOW. Guggenheim boosted their price target on Lowe’s Companies from $280.00 to $300.00 and gave the company a “buy” rating in a report on Thursday, February 26th. Wells Fargo & Company raised their price objective on Lowe’s Companies from $280.00 to $290.00 and gave the stock an “overweight” rating in a research note on Thursday, February 26th. Rothschild & Co Redburn increased their price objective on shares of Lowe’s Companies from $280.00 to $290.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. Robert W. Baird raised their price objective on shares of Lowe’s Companies from $290.00 to $320.00 and gave the company an “outperform” rating in a research report on Tuesday, February 17th. Finally, Royal Bank Of Canada lifted their target price on shares of Lowe’s Companies from $252.00 to $257.00 and gave the company a “sector perform” rating in a research note on Monday, February 23rd. Twenty-one investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, Lowe’s Companies currently has a consensus rating of “Moderate Buy” and an average price target of $289.76.

Lowe’s Companies Price Performance

LOW stock opened at $242.30 on Tuesday. Lowe’s Companies, Inc. has a 1-year low of $206.38 and a 1-year high of $293.06. The business has a 50 day simple moving average of $268.34 and a two-hundred day simple moving average of $254.00. The company has a market capitalization of $135.92 billion, a price-to-earnings ratio of 20.45, a PEG ratio of 5.16 and a beta of 0.98.

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

Insider Buying and Selling at Lowe’s Companies

In other news, CEO Marvin R. Ellison sold 18,000 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 231,043 shares in the company, valued at $60,341,500.31. This trade represents a 7.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.27% of the stock is currently owned by insiders.

Lowe’s Companies Company 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.