Csenge Advisory Group trimmed its position in shares of Lowe’s Companies, Inc. (NYSE:LOW – Free Report) by 25.9% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 27,602 shares of the home improvement retailer’s stock after selling 9,637 shares during the quarter. Csenge Advisory Group’s holdings in Lowe’s Companies were worth $5,087,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. DMKC Advisory Services LLC raised its holdings in Lowe’s Companies by 13.0% in the 3rd quarter. DMKC Advisory Services LLC now owns 15,791 shares of the home improvement retailer’s stock worth $2,910,000 after acquiring an additional 1,820 shares during the last quarter. Nemes Rush Group LLC lifted its position in Lowe’s Companies by 7.7% in the 3rd quarter. Nemes Rush Group LLC now owns 1,387 shares of the home improvement retailer’s stock valued at $256,000 after acquiring an additional 99 shares in the last quarter. Texas Bank & Trust Co boosted its stake in Lowe’s Companies by 4.0% during the 3rd quarter. Texas Bank & Trust Co now owns 17,549 shares of the home improvement retailer’s stock valued at $3,234,000 after purchasing an additional 680 shares during the last quarter. Gryphon Financial Partners LLC boosted its stake in Lowe’s Companies by 5.9% during the 3rd quarter. Gryphon Financial Partners LLC now owns 2,977 shares of the home improvement retailer’s stock valued at $549,000 after purchasing an additional 166 shares during the last quarter. Finally, AlphaCore Capital LLC boosted its stake in Lowe’s Companies by 19.4% during the 3rd quarter. AlphaCore Capital LLC now owns 41,643 shares of the home improvement retailer’s stock valued at $7,674,000 after purchasing an additional 6,770 shares during the last quarter. 74.06% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of analysts have commented on the company. Telsey Advisory Group reduced their target price on Lowe’s Companies from $280.00 to $260.00 and set an “outperform” rating for the company in a report on Thursday, August 20th. Morgan Stanley reaffirmed an “overweight” rating on shares of Lowe’s Companies in a report on Thursday, August 20th. Melius Research set a $244.00 price objective on Lowe’s Companies in a research report on Tuesday, October 6th. UBS Group dropped their price objective on Lowe’s Companies from $285.00 to $275.00 and set a “buy” rating on the stock in a research report on Thursday, August 20th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and issued a $231.00 price objective on shares of Lowe’s Companies in a report on Thursday, August 20th. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $254.74.
View Our Latest Report on Lowe’s Companies
Lowe’s Companies Trading Down 0.1%
Shares of LOW stock opened at $231.79 on Wednesday. Lowe’s Companies, Inc. has a 12-month low of $178.45 and a 12-month high of $293.06. The stock has a market capitalization of $130.05 billion, a P/E ratio of 19.59, a P/E/G ratio of 1.94 and a beta of 0.81. The firm’s 50 day moving average is $198.20 and its 200 day moving average is $224.69.
Lowe’s Companies (NYSE:LOW – Get Free Report) last announced its earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share for the quarter, beating analysts’ consensus estimates of $4.22 by $0.18. The business had revenue of $25.96 billion during the quarter, compared to analyst estimates of $26.13 billion. Lowe’s Companies had a net margin of 7.34% and a negative return on equity of 75.67%. The company’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same period in the previous year, the business earned $4.33 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. As a group, equities analysts predict that Lowe’s Companies, Inc. will post 12.25 earnings per share for the current year.
Lowe’s Companies Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, November 4th. Stockholders of record on Wednesday, October 21st were paid a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Wednesday, October 21st. Lowe’s Companies’s dividend payout ratio (DPR) is 42.27%.
More Lowe’s Companies News
Here are the key news stories impacting Lowe’s Companies this week:
- Positive Sentiment: Lowe’s is now Bilt’s exclusive home-improvement partner, giving it access to Bilt’s more than 8 million members through shopping rewards, MyLowe’s Rewards and home services. The partnership also introduces a home-maintenance membership, which could help attract customers and encourage repeat business. Lowe’s and Bilt partnership announcement
- Positive Sentiment: Sanford C. Bernstein raised its price target to $270 and maintained an “outperform” rating; JPMorgan also lifted its target, to $275, with an “overweight” rating. The revisions signal improved analyst views of Lowe’s prospects. Bernstein rating information
- Positive Sentiment: A recent dividend-stock article described Lowe’s as resilient despite a weak housing market and said its dividend has room to grow, supporting its appeal to income-focused investors. Dividend stocks article
- Negative Sentiment: Walmart is gaining shoppers across income groups, highlighting competition for the same big-box customers. This could make it harder for Lowe’s and other retailers to win spending, though the article does not report a specific change in Lowe’s performance. Big-box retailer competition article
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.
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