Lowe’s Companies, Inc. $LOW Stock Acquired by Cardinal Capital Management

Cardinal Capital Management raised its holdings in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 5.4% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 50,853 shares of the home improvement retailer’s stock after acquiring an additional 2,625 shares during the quarter. Lowe’s Companies accounts for approximately 1.1% of Cardinal Capital Management’s investment portfolio, making the stock its 27th biggest position. Cardinal Capital Management’s holdings in Lowe’s Companies were worth $9,372,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in LOW. BlackRock Inc. raised its stake in shares of Lowe’s Companies by 1.8% in the second quarter. BlackRock Inc. now owns 40,545,728 shares of the home improvement retailer’s stock worth $8,939,928,000 after purchasing an additional 714,092 shares during the last quarter. State Street Corp boosted its position in shares of Lowe’s Companies by 3.6% during the second quarter. State Street Corp now owns 25,329,373 shares of the home improvement retailer’s stock valued at $5,584,873,000 after buying an additional 880,815 shares during the last quarter. Bank of New York Mellon Corp boosted its position in shares of Lowe’s Companies by 1.4% during the second quarter. Bank of New York Mellon Corp now owns 4,104,782 shares of the home improvement retailer’s stock valued at $905,063,000 after buying an additional 57,167 shares during the last quarter. Amundi boosted its position in shares of Lowe’s Companies by 57.3% during the second quarter. Amundi now owns 2,892,868 shares of the home improvement retailer’s stock valued at $637,848,000 after buying an additional 1,053,237 shares during the last quarter. Finally, Swiss National Bank boosted its position in shares of Lowe’s Companies by 7.1% during the first quarter. Swiss National Bank now owns 1,646,320 shares of the home improvement retailer’s stock valued at $388,992,000 after buying an additional 109,520 shares during the last quarter. 74.06% of the stock is currently owned by hedge funds and other institutional investors.

More Lowe’s Companies News

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

• Positive Sentiment: Evercore raised its price target to $200, suggesting improved confidence in Lowe’s valuation or operating outlook. The new target is modestly above the recent trading range. Evercore raises Lowe’s price target
• Positive Sentiment: Lowe’s remains relatively inexpensive compared with Home Depot, trading at roughly 16.9 times earnings versus Home Depot at approximately 22.1 times. The valuation discount could attract investors if Lowe’s execution improves. Lowe’s valuation comparison
• Positive Sentiment: Analysts and investors continue to focus on Lowe’s Pro business expansion, while some commentary argues that the shares are undervalued. The company’s retail real-estate footprint and Pro-oriented strategy are viewed as potential long-term supports. Lowe’s Pro expansion and valuation
• Positive Sentiment: Lowe’s marketplace and fulfillment relationships remain a modest positive, with partner Spreetail receiving recognition for supporting big-and-bulky product sales across Lowe’s and other major platforms. The development may support Lowe’s e-commerce capabilities, though it is not a major earnings catalyst by itself. Spreetail marketplace fulfillment recognition
• Neutral Sentiment: Lowe’s dividend remains part of the investment case, with the latest dividend analysis likely appealing to income-oriented shareholders, but dividend coverage and future growth depend on earnings and cash flow. Lowe’s dividend analysis
• Negative Sentiment: The main pressure remains cautious consumers and homeowners. Lowe’s reduced its fiscal 2026 comparable-sales outlook from 1% growth to roughly flat, while management cited weaker demand for do-it-yourself projects. This raises concerns about sales momentum and the possibility of further estimate cuts. Lowe’s store-sales outlook
• Negative Sentiment: The latest earnings report was mixed: Lowe’s exceeded EPS expectations, but revenue fell short of consensus and full-year guidance points to approximately $12.25 EPS. The combination of an earnings beat and softer top-line outlook limits the bullish impact.

Lowe’s Companies Stock Down 1.0%

NYSE LOW opened at $196.53 on Thursday. The company has a 50-day moving average price of $198.17 and a 200-day moving average price of $213.91. Lowe’s Companies, Inc. has a 52 week low of $178.45 and a 52 week high of $293.06. The firm has a market capitalization of $110.26 billion, a P/E ratio of 16.61, a PEG ratio of 1.66 and a beta of 0.89.

Lowe’s Companies (NYSE:LOW) last posted its quarterly earnings data on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.22 by $0.18. The company had revenue of $25.96 billion for the quarter, compared to the consensus estimate of $26.13 billion. Lowe’s Companies had a net margin of 7.34% and a negative return on equity of 75.67%. The firm’s revenue was up 8.3% compared to the same quarter last year. During the same quarter last year, the firm posted $4.33 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. As a group, equities research analysts anticipate that Lowe’s Companies, Inc. will post 12.26 EPS for the current year.

Lowe’s Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 4th. Shareholders of record on Wednesday, October 21st will be given a $1.25 dividend. The ex-dividend date is Wednesday, October 21st. This represents a $5.00 annualized dividend and a yield of 2.5%. Lowe’s Companies’s dividend payout ratio (DPR) is presently 42.27%.

Analysts Set New Price Targets

Several research firms have issued reports on LOW. Citigroup lowered their target price on shares of Lowe’s Companies from $267.00 to $260.00 and set a “buy” rating on the stock in a research note on Thursday, August 20th. DA Davidson reiterated a “neutral” rating and issued a $245.00 price target on shares of Lowe’s Companies in a research note on Wednesday, August 19th. Wells Fargo & Company reduced their price target on shares of Lowe’s Companies from $255.00 to $245.00 and set an “overweight” rating for the company in a research note on Tuesday, August 11th. TD Cowen reissued a “hold” rating and set a $235.00 price objective on shares of Lowe’s Companies in a report on Thursday, August 20th. Finally, Guggenheim restated a “buy” rating and set a $275.00 price objective on shares of Lowe’s Companies in a research report on Monday, September 21st. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $254.29.

About Lowe’s Companies

Lowe’s Companies, Inc is a home improvement retailer serving do-it-yourself customers, professional contractors and commercial customers across the United States. The company sells products for home construction, maintenance, repair, remodeling and improvement through its stores and digital platforms.

Its merchandise includes appliances, tools, hardware, lumber, building materials, electrical and plumbing supplies, paint, flooring, kitchen and bathroom products, outdoor living items, lawn and garden products, and seasonal merchandise.