Lowe’s Companies, Inc. $LOW Stake Reduced by Global X Japan Co. Ltd.

Global X Japan Co. Ltd. trimmed its holdings in Lowe’s Companies, Inc. (NYSE:LOW) by 61.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,371 shares of the home improvement retailer’s stock after selling 3,779 shares during the quarter. Global X Japan Co. Ltd.’s holdings in Lowe’s Companies were worth $572,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in LOW. Parsons Capital Management Inc. RI grew its stake in shares of Lowe’s Companies by 0.3% in the 4th quarter. Parsons Capital Management Inc. RI now owns 16,968 shares of the home improvement retailer’s stock worth $4,092,000 after purchasing an additional 46 shares during the last quarter. Kathmere Capital Management LLC lifted its stake in Lowe’s Companies by 23.3% during the fourth quarter. Kathmere Capital Management LLC now owns 4,019 shares of the home improvement retailer’s stock valued at $969,000 after purchasing an additional 760 shares during the last quarter. Butensky & Cohen Financial Security Inc. lifted its stake in Lowe’s Companies by 3.9% during the fourth quarter. Butensky & Cohen Financial Security Inc. now owns 21,674 shares of the home improvement retailer’s stock valued at $5,227,000 after purchasing an additional 820 shares during the last quarter. Norden Group LLC boosted its holdings in Lowe’s Companies by 3.4% during the fourth quarter. Norden Group LLC now owns 9,066 shares of the home improvement retailer’s stock worth $2,187,000 after buying an additional 296 shares in the last quarter. Finally, Mayflower Financial Advisors LLC grew its position in Lowe’s Companies by 1.2% in the fourth quarter. Mayflower Financial Advisors LLC now owns 4,917 shares of the home improvement retailer’s stock worth $1,186,000 after buying an additional 59 shares during the last quarter. Institutional investors own 74.06% of the company’s stock.

Lowe’s Companies Stock Performance

Shares of NYSE:LOW opened at $230.07 on Friday. The firm has a 50 day simple moving average of $262.43 and a 200 day simple moving average of $252.23. Lowe’s Companies, Inc. has a 52 week low of $206.38 and a 52 week high of $293.06. The company has a market cap of $128.85 billion, a PE ratio of 19.42, a price-to-earnings-growth ratio of 5.13 and a beta of 0.98.

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 for the quarter, topping the consensus estimate of $1.94 by $0.04. Lowe’s Companies had a net margin of 7.71% and a negative return on equity of 61.40%. The firm had revenue of $20.59 billion for the quarter, compared to analysts’ expectations of $20.34 billion. During the same period in the previous year, the company posted $1.93 EPS. The company’s quarterly revenue was up 10.9% compared to the same quarter last year. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. On average, equities analysts predict that Lowe’s Companies, Inc. will post 11.9 earnings per share for the current year.

Lowe’s Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 6th. Stockholders of record on Wednesday, April 22nd will be issued a dividend of $1.20 per share. The ex-dividend date is Wednesday, April 22nd. This represents a $4.80 dividend on an annualized basis and a dividend yield of 2.1%. Lowe’s Companies’s payout ratio is currently 40.51%.

Insiders Place Their Bets

In related 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 directly owned 231,043 shares of the company’s stock, valued at approximately $60,341,500.31. The trade was a 7.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.27% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on the company. JPMorgan Chase & Co. upped their price target on Lowe’s Companies from $300.00 to $325.00 and gave the company an “overweight” rating in a report on Monday, February 9th. Barclays raised Lowe’s Companies from an “equal weight” rating to an “overweight” rating and set a $285.00 price objective for the company in a research note on Wednesday, January 7th. Weiss Ratings upgraded Lowe’s Companies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday. The Goldman Sachs Group boosted their target price on Lowe’s Companies from $283.00 to $300.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. Finally, Morgan Stanley increased their price target on Lowe’s Companies from $270.00 to $296.00 and gave the company an “overweight” rating in a research report on Thursday, January 15th. Twenty-two equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $289.76.

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.