Alta Capital Management LLC Reduces Position in Lowe’s Companies, Inc. $LOW

Alta Capital Management LLC lowered its holdings in Lowe’s Companies, Inc. (NYSE:LOW) by 9.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 46,066 shares of the home improvement retailer’s stock after selling 4,819 shares during the period. Alta Capital Management LLC’s holdings in Lowe’s Companies were worth $11,109,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Entrust Financial LLC purchased a new stake in shares of Lowe’s Companies in the fourth quarter valued at $64,000. Ironwood Investment Counsel LLC boosted its holdings in Lowe’s Companies by 0.6% in the fourth quarter. Ironwood Investment Counsel LLC now owns 26,664 shares of the home improvement retailer’s stock valued at $6,431,000 after acquiring an additional 151 shares during the last quarter. Aegis Wealth Management Inc. acquired a new position in Lowe’s Companies in the fourth quarter valued at $1,985,000. Tucker Asset Management LLC acquired a new position in Lowe’s Companies in the fourth quarter valued at $80,000. Finally, High Note Wealth LLC boosted its holdings in Lowe’s Companies by 8.0% in the fourth quarter. High Note Wealth LLC now owns 729 shares of the home improvement retailer’s stock valued at $176,000 after acquiring an additional 54 shares during the last quarter. Hedge funds and other institutional investors own 74.06% of the company’s stock.

Key Lowe’s Companies News

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

• Positive Sentiment: Lowe’s announced a new partnership with MrBeast for in-store kids workshops and exclusive toy kits, a promotional push that could boost traffic, engagement, and summer sales. LOWE’S BRINGS MRBEAST EXPERIENCE INTO STORES WITH NEW KIDS CLUB WORKSHOPS
• Positive Sentiment: Several previews say Lowe’s is positioned to benefit if the housing market stabilizes, since improving home demand can support spending on renovations and home-improvement projects. Home Depot, Lowe’s Headline Big Week for Retail Earnings
• Neutral Sentiment: Investors are focused on Lowe’s upcoming quarterly report, with one article suggesting the stock could make a large move after results are released, indicating elevated event-driven volatility. Here’s How Much Lowe’s Stock Is Expected to Move After Earnings Q1 FY2026
• Neutral Sentiment: Broader market trading was mixed, and rising oil prices tied to Middle East developments added uncertainty, but this appears to be a general market factor rather than a Lowe’s-specific catalyst. Equities Mixed Intraday, Oil Rises as Traders Track Middle East Developments
• Negative Sentiment: Stifel cut its price target on Lowe’s from $270 to $220 and kept a Hold rating, signaling reduced analyst confidence and a more cautious near-term outlook. Stifel adjusts price target on Lowe’s Companies to 220 from 270, maintains hold rating
• Negative Sentiment: Oppenheimer also lowered its price target on Lowe’s from $315 to $275, which may reflect a more cautious stance despite maintaining an Outperform rating. Benzinga report on Oppenheimer price target cut

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on LOW. Oppenheimer reduced their target price on Lowe’s Companies from $315.00 to $275.00 and set an “outperform” rating on the stock in a report on Monday. Raymond James Financial cut Lowe’s Companies from a “market perform” rating to a “market perform” rating in a report on Tuesday, May 12th. Sanford C. Bernstein reduced their target price on Lowe’s Companies from $303.00 to $281.00 and set an “outperform” rating on the stock in a report on Thursday, May 14th. Wells Fargo & Company reduced their target price on Lowe’s Companies from $290.00 to $260.00 and set an “overweight” rating on the stock in a report on Thursday. Finally, Gordon Haskett reduced their target price on Lowe’s Companies from $300.00 to $280.00 in a report on Friday, May 8th. Twenty-two investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Lowe’s Companies currently has a consensus rating of “Moderate Buy” and a consensus target price of $283.76.

Lowe’s Companies Price Performance

Shares of LOW opened at $218.19 on Tuesday. The stock’s 50-day moving average is $237.32 and its two-hundred day moving average is $248.67. The stock has a market cap of $122.20 billion, a PE ratio of 18.41, a P/E/G ratio of 4.18 and a beta of 0.91. Lowe’s Companies, Inc. has a 12 month low of $210.33 and a 12 month high of $293.06.

Lowe’s Companies (NYSE:LOW) last issued its quarterly earnings data on Wednesday, February 25th. The home improvement retailer reported $1.98 EPS for the quarter, topping analysts’ consensus estimates of $1.94 by $0.04. The company had revenue of $20.59 billion for the quarter, compared to analysts’ expectations of $20.34 billion. Lowe’s Companies had a negative return on equity of 61.40% and a net margin of 7.71%.The firm’s quarterly revenue was up 10.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.93 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. On average, research analysts anticipate that Lowe’s Companies, Inc. will post 12.61 earnings per share for the current year.

Lowe’s Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Wednesday, April 22nd were paid a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Wednesday, April 22nd. Lowe’s Companies’s payout ratio is currently 40.51%.

About Lowe’s Companies

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.