Beacon Financial Advisory LLC Takes $992,000 Position in Lowe’s Companies, Inc. $LOW

Beacon Financial Advisory LLC purchased a new position in shares of Lowe’s Companies, Inc. (NYSE:LOW) during the fourth quarter, HoldingsChannel reports. The fund purchased 4,115 shares of the home improvement retailer’s stock, valued at approximately $992,000.

Other institutional investors have also recently bought and sold shares of the company. Swiss RE Ltd. bought a new position in shares of Lowe’s Companies during the fourth quarter worth approximately $25,000. Wilkerson Advisory Group LLC acquired a new stake in Lowe’s Companies during the fourth quarter worth approximately $27,000. OLD Second National Bank of Aurora grew its position in Lowe’s Companies by 52.5% during the fourth quarter. OLD Second National Bank of Aurora now owns 122 shares of the home improvement retailer’s stock worth $29,000 after buying an additional 42 shares in the last quarter. United Financial Planning Group LLC bought a new position in Lowe’s Companies during the 3rd quarter worth $31,000. Finally, Triumph Capital Management bought a new stake in shares of Lowe’s Companies during the 3rd quarter valued at $34,000. Institutional investors own 74.06% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on LOW shares. KGI Securities initiated coverage on Lowe’s Companies in a report on Tuesday, March 10th. They set a “neutral” rating and a $255.00 target price on the stock. UBS Group decreased their target price on shares of Lowe’s Companies from $315.00 to $285.00 and set a “buy” rating on the stock in a report on Thursday, May 21st. Bank of America dropped their target price on shares of Lowe’s Companies from $260.00 to $257.00 and set a “neutral” rating for the company in a research report on Thursday, May 21st. Guggenheim upped their price target on shares of Lowe’s Companies from $280.00 to $300.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. Finally, Robert W. Baird reduced their price target on shares of Lowe’s Companies from $320.00 to $270.00 and set an “outperform” rating on the stock in a research report on Thursday, May 21st. Twenty-three research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $264.57.

Lowe’s Companies Stock Performance

Shares of NYSE:LOW opened at $220.29 on Tuesday. Lowe’s Companies, Inc. has a 52-week low of $203.40 and a 52-week high of $293.06. The company has a market capitalization of $123.52 billion, a PE ratio of 18.62, a price-to-earnings-growth ratio of 2.79 and a beta of 0.87. The company has a fifty day moving average of $228.16 and a 200-day moving average of $246.14.

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

Lowe’s Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 5th. Investors of record on Wednesday, July 22nd will be issued a $1.25 dividend. This is a boost from Lowe’s Companies’s previous quarterly dividend of $1.20. The ex-dividend date is Wednesday, July 22nd. This represents a $5.00 dividend on an annualized basis and a yield of 2.3%. Lowe’s Companies’s dividend payout ratio (DPR) is 40.57%.

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.