Silverleafe Capital Partners LLC Makes New $1.32 Million Investment in Lowe’s Companies, Inc. $LOW

Silverleafe Capital Partners LLC acquired a new stake in Lowe’s Companies, Inc. (NYSE:LOW) during the 3rd quarter, Holdings Channel.com reports. The firm acquired 7,151 shares of the home improvement retailer’s stock, valued at approximately $1,318,000.

A number of other large investors have also made changes to their positions in the stock. First Command Advisory Services Inc. raised its stake in Lowe’s Companies by 1.3% in the 4th quarter. First Command Advisory Services Inc. now owns 2,947 shares of the home improvement retailer’s stock valued at $711,000 after purchasing an additional 38 shares during the last quarter. Smithbridge Asset Management Inc. DE lifted its holdings in Lowe’s Companies by 1.1% in the 4th quarter. Smithbridge Asset Management Inc. DE now owns 3,723 shares of the home improvement retailer’s stock valued at $898,000 after purchasing an additional 39 shares in the last quarter. IMA Advisory Services Inc. boosted its stake in shares of Lowe’s Companies by 0.5% during the 4th quarter. IMA Advisory Services Inc. now owns 7,865 shares of the home improvement retailer’s stock worth $1,897,000 after purchasing an additional 41 shares during the last quarter. Juno Financial Group LLC boosted its stake in shares of Lowe’s Companies by 0.4% during the 1st 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 last quarter. Finally, TSG Advice Partners LLC grew its holdings in shares of Lowe’s Companies by 3.3% during the first quarter. TSG Advice Partners LLC now owns 1,373 shares of the home improvement retailer’s stock worth $324,000 after buying an additional 44 shares in the last quarter. Institutional investors and hedge funds own 74.06% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. Telsey Advisory Group cut their price objective on shares of Lowe’s Companies from $280.00 to $260.00 and set an “outperform” rating for the company in a research report on Thursday, August 20th. Truist Financial decreased their target price on shares of Lowe’s Companies from $255.00 to $254.00 and set a “buy” rating on the stock in a research report on Thursday, August 20th. Sanford C. Bernstein lowered their target price on shares of Lowe’s Companies from $261.00 to $254.00 and set an “outperform” rating for the company in a research note on Wednesday, September 9th. UBS Group cut their price target 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. Finally, KeyCorp reissued an “overweight” rating and set a $275.00 price target on shares of Lowe’s Companies in a research note on Thursday, August 20th. Twenty-two research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Lowe’s Companies has an average rating of “Moderate Buy” and an average price target of $255.97.

Lowe’s Companies Trading Down 0.8%

LOW traded down $1.41 during midday trading on Friday, hitting $180.97. The company’s stock had a trading volume of 2,771,498 shares, compared to its average volume of 2,957,850. Lowe’s Companies, Inc. has a 52-week low of $179.21 and a 52-week high of $293.06. The firm has a 50-day moving average price of $205.58 and a two-hundred day moving average price of $218.33. The firm has a market cap of $101.53 billion, a P/E ratio of 15.30, a PEG ratio of 2.45 and a beta of 0.89.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings data on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share for the quarter, topping 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 business had revenue of $25.96 billion for the quarter, compared to analyst estimates of $26.13 billion. During the same period in the prior year, the firm posted $4.33 EPS. The company’s revenue 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 analysts expect that Lowe’s Companies, Inc. will post 12.26 EPS for the current year.

Lowe’s Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 4th. Shareholders of record on Wednesday, October 21st will be paid a dividend of $1.25 per share. The ex-dividend date of this dividend is Wednesday, October 21st. This represents a $5.00 dividend on an annualized basis and a yield of 2.8%. Lowe’s Companies’s dividend payout ratio (DPR) is currently 42.27%.

About Lowe’s Companies

Lowe’s Companies, Inc is a home improvement retailer serving homeowners, renters, and professional contractors primarily in the United States. The company operates through a network of retail stores and digital channels, offering products and services for home repair, maintenance, remodeling, construction, and outdoor living.

Its merchandise includes appliances, tools, hardware, lumber, building materials, plumbing and electrical supplies, paint, flooring, kitchen and bath products, lighting, home décor, lawn and garden equipment, and seasonal goods.