Lowe’s Companies, Inc. (NYSE:LOW) Receives $264.57 Average PT from Brokerages

Shares of Lowe’s Companies, Inc. (NYSE:LOW) have been given an average recommendation of “Moderate Buy” by the thirty-six brokerages that are presently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and twenty-three have given a buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $264.5667.

LOW has been the topic of a number of recent analyst reports. KGI Securities initiated coverage on shares of Lowe’s Companies in a research report on Tuesday, March 10th. They issued a “neutral” rating and a $255.00 price objective on the stock. Robert W. Baird reduced their price target on Lowe’s Companies from $320.00 to $270.00 and set an “outperform” rating on the stock in a report on Thursday, May 21st. Citigroup upgraded Lowe’s Companies from a “neutral” rating to a “buy” rating and set a $285.00 price objective for the company in a report on Tuesday, May 12th. The Goldman Sachs Group cut their price objective on Lowe’s Companies from $300.00 to $293.00 and set a “buy” rating on the stock in a research report on Thursday, May 21st. Finally, JPMorgan Chase & Co. reduced their target price on Lowe’s Companies from $325.00 to $279.00 and set an “overweight” rating on the stock in a research note on Thursday, May 21st.

Key Lowe’s Companies News

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

• Positive Sentiment: Jefferies said Lowe’s new home-maintenance program could expand subscription-style revenue, giving the retailer a more recurring growth stream and a potential valuation tailwind. Lowe’s Wants to Help You Change Lightbulbs. How That Could Boost the Stock.
• Positive Sentiment: Zacks Research raised some near- and longer-term earnings estimates for Lowe’s, including Q1 2028 and Q1 2029, which suggests analysts see solid earnings power ahead. Lowe’s Companies, Inc. estimate updates
• Positive Sentiment: Recent articles highlighted Lowe’s dividend hike alongside other high-yield stocks, reinforcing the company’s appeal for income investors in a volatile market. The Zacks Analyst Blog Highlights UnitedHealth, Donaldson, Lowe’s and ePlus
• Neutral Sentiment: Several roundup pieces focused on Lowe’s as a recent dividend grower, which is supportive for sentiment but not a major operational catalyst on its own. 5 Stocks to Watch on Their Recent Dividend Hikes in a Volatile Market
• Neutral Sentiment: Another market wrap also mentioned Lowe’s among dividend-paying names attracting attention from cautious investors. 3 High-Yielding Dividend Stocks That Just Raised Their Payouts
• Negative Sentiment: Zacks trimmed some earnings estimates for FY2027, FY2028 and a few quarterly periods, signaling a bit more caution on Lowe’s longer-term profit trajectory. Lowe’s Companies, Inc. estimate updates

Lowe’s Companies Stock Up 0.0%

Shares of LOW opened at $210.81 on Wednesday. The business has a fifty day moving average of $230.12 and a 200 day moving average of $246.65. The company has a market cap of $118.20 billion, a PE ratio of 17.82, a P/E/G ratio of 2.66 and a beta of 0.87. Lowe’s Companies has a 52-week low of $203.40 and a 52-week high of $293.06.

Lowe’s Companies (NYSE:LOW) last posted its quarterly earnings data on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share for the quarter, beating analysts’ consensus estimates of $2.97 by $0.06. The business had revenue of $23.08 billion for the quarter, compared to analysts’ expectations of $22.98 billion. Lowe’s Companies had a net margin of 7.51% and a negative return on equity of 67.96%. The business’s revenue was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.92 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. As a group, research analysts anticipate that Lowe’s Companies will post 12.48 earnings per share for the current fiscal year.

Lowe’s Companies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 5th. Stockholders of record on Wednesday, July 22nd will be paid a dividend of $1.25 per share. This is an increase from Lowe’s Companies’s previous quarterly dividend of $1.20. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Wednesday, July 22nd. Lowe’s Companies’s payout ratio is presently 40.57%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Norges Bank bought a new position in shares of Lowe’s Companies during the 4th quarter worth $1,993,697,000. Wellington Management Group LLP raised its holdings in shares of Lowe’s Companies by 102.0% in the third quarter. Wellington Management Group LLP now owns 4,204,311 shares of the home improvement retailer’s stock valued at $1,056,585,000 after acquiring an additional 2,122,622 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of Lowe’s Companies by 45.2% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 6,555,565 shares of the home improvement retailer’s stock valued at $1,580,941,000 after acquiring an additional 2,039,343 shares in the last quarter. J. Stern & Co. LLP lifted its stake in Lowe’s Companies by 7,814.9% in the fourth quarter. J. Stern & Co. LLP now owns 1,490,369 shares of the home improvement retailer’s stock worth $359,417,000 after acquiring an additional 1,471,539 shares during the period. Finally, Victory Capital Management Inc. lifted its stake in Lowe’s Companies by 207.2% in the third quarter. Victory Capital Management Inc. now owns 2,058,086 shares of the home improvement retailer’s stock worth $517,218,000 after acquiring an additional 1,388,133 shares during the period. Hedge funds and other institutional investors own 74.06% of the company’s stock.

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.