Lowe’s Companies (NYSE:LOW) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

Lowe’s Companies, Inc. (NYSE:LOW) shares passed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $225.60 and traded as high as $229.79. Lowe’s Companies shares last traded at $229.4190, with a volume of 4,877,012 shares traded.

Analyst Ratings Changes

A number of research firms have issued reports on LOW. JPMorgan Chase & Co. cut their price target on Lowe’s Companies from $279.00 to $252.00 and set an “overweight” rating for the company in a research note on Friday, July 31st. UBS Group decreased their price objective on Lowe’s Companies from $285.00 to $275.00 and set a “buy” rating for the company in a report on Thursday, August 20th. Stifel Nicolaus lowered their price objective on Lowe’s Companies from $220.00 to $195.00 and set a “hold” rating for the company in a research note on Monday, October 26th. Weiss Ratings upgraded Lowe’s Companies from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday. Finally, Gordon Haskett downgraded Lowe’s Companies from a “buy” rating to a “hold” rating and set a $200.00 price target for the company. in a report on Thursday, September 24th. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $253.48.

Lowe’s Companies Trading Down 0.9%

The stock’s 50-day simple moving average is $197.18 and its 200-day simple moving average is $225.13. The firm has a market capitalization of $126.31 billion, a P/E ratio of 17.49, a P/E/G ratio of 1.83 and a beta of 0.81.

Lowe’s Companies (NYSE:LOW) last posted its quarterly earnings data on Wednesday, August 19th. The home improvement retailer reported $4.40 EPS for the quarter, beating the consensus estimate of $4.22 by $0.18. Lowe’s Companies had a net margin of 7.34% and a negative return on equity of 75.67%. The firm had revenue of $25.96 billion during the quarter, compared to analyst estimates of $26.13 billion. During the same quarter last year, the business posted $4.33 EPS. The company’s revenue for the quarter was up 8.3% on a year-over-year basis. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. On average, equities research analysts expect that Lowe’s Companies, Inc. will post 12.25 EPS for the current year.

Lowe’s Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 4th. Investors of record on Wednesday, October 21st were issued a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date was Wednesday, October 21st. Lowe’s Companies’s dividend payout ratio (DPR) is 42.27%.

Institutional Trading of Lowe’s Companies

Several hedge funds have recently added to or reduced their stakes in the stock. Juno Financial Group LLC increased its stake in Lowe’s Companies by 0.4% in the first quarter. Juno Financial Group LLC now owns 11,889 shares of the home improvement retailer’s stock worth $2,809,000 after purchasing an additional 43 shares during the period. Spinnaker Trust boosted its stake in shares of Lowe’s Companies by 3.7% during the second quarter. Spinnaker Trust now owns 1,345 shares of the home improvement retailer’s stock valued at $297,000 after purchasing an additional 48 shares during the period. Roxbury Financial LLC boosted its stake in shares of Lowe’s Companies by 0.8% during the second quarter. Roxbury Financial LLC now owns 6,359 shares of the home improvement retailer’s stock valued at $1,402,000 after purchasing an additional 52 shares during the period. Cordgrass Capital Advisors LLC grew its holdings in shares of Lowe’s Companies by 1.2% in the third quarter. Cordgrass Capital Advisors LLC now owns 4,486 shares of the home improvement retailer’s stock worth $827,000 after purchasing an additional 52 shares during the last quarter. Finally, Carson Advisory Inc. grew its holdings in shares of Lowe’s Companies by 1.9% in the first quarter. Carson Advisory Inc. now owns 2,882 shares of the home improvement retailer’s stock worth $681,000 after purchasing an additional 53 shares during the last quarter. Institutional investors own 74.06% of the company’s stock.

About Lowe’s Companies

Lowe’s Companies, Inc is a home improvement retailer serving homeowners, do-it-yourself customers and professional contractors. The company sells products for construction, maintenance, repair and renovation through its retail stores and online channels.

Its offerings include appliances, tools, hardware, lumber and building materials, paint, plumbing and electrical supplies, and products for lawn and garden. Lowe’s also provides services such as installation and other project support.

Founded in 1921 in North Wilkesboro, North Carolina, Lowe’s has grown into a major retailer operating across the United States.