Lowe’s Companies, Inc. $LOW Shares Acquired by Provenance Wealth Advisors LLC

Provenance Wealth Advisors LLC lifted its holdings in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 2,765.1% during the 3rd quarter, Holdings Channel.com reports. The fund owned 7,220 shares of the home improvement retailer’s stock after buying an additional 6,968 shares during the period. Provenance Wealth Advisors LLC’s holdings in Lowe’s Companies were worth $1,331,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Markowski Investments purchased a new stake in Lowe’s Companies in the second quarter valued at $33,000. IAG Wealth Partners LLC increased its position in Lowe’s Companies by 178.6% during the first quarter. IAG Wealth Partners LLC now owns 156 shares of the home improvement retailer’s stock worth $37,000 after buying an additional 100 shares during the period. William Mack & Associates Inc. acquired a new position in Lowe’s Companies during the third quarter worth approximately $31,000. Latitude Advisors LLC acquired a new position in Lowe’s Companies during the third quarter worth approximately $32,000. Finally, Legacy Wealth Managment LLC ID lifted its stake in Lowe’s Companies by 219.7% in the first quarter. Legacy Wealth Managment LLC ID now owns 195 shares of the home improvement retailer’s stock valued at $46,000 after buying an additional 134 shares during the last quarter. Hedge funds and other institutional investors own 74.06% of the company’s stock.

Key Headlines Impacting Lowe’s Companies

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

• Positive Sentiment: Lowe’s is building momentum in its professional-customer business with targeted investment, digital tools and acquisitions. That growth could help offset softer DIY and remodeling demand and support its Total Home strategy. Lowe’s Pro Momentum Adds Strength to Its Total Home Strategy
• Neutral Sentiment: The company is set to open its eighth and final new store of 2026 in Texas. The added location expands its footprint, but the article does not suggest the opening is large enough to materially change near-term results. Lowe’s opening one more store in 2026
• Neutral Sentiment: Coverage highlighted Lowe’s upcoming dividend payment and November earnings report, but provided no details on the payout or earnings outlook that would indicate a change in expectations. Lowe’s stock heads toward dividend payment before November earnings
• Negative Sentiment: A market recap noted that LOW fell despite gains in the wider market, but did not point to a specific Lowe’s announcement or fundamental development behind the move. Lowe’s Stock Drops Despite Market Gains

Lowe’s Companies Stock Performance

Shares of LOW opened at $213.15 on Wednesday. The stock has a market capitalization of $119.59 billion, a P/E ratio of 18.02, a P/E/G ratio of 1.83 and a beta of 0.81. Lowe’s Companies, Inc. has a 1 year low of $178.45 and a 1 year high of $293.06. The company’s fifty day moving average is $196.19 and its two-hundred day moving average is $225.84.

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

Lowe’s Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 4th. Stockholders of record on Wednesday, October 21st will be paid a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Wednesday, October 21st. Lowe’s Companies’s dividend payout ratio is 42.27%.

Analysts Set New Price Targets

LOW has been the subject of several research analyst reports. Melius Research set a $244.00 price objective on Lowe’s Companies in a report on Tuesday, October 6th. Stifel Nicolaus cut their target price on shares of Lowe’s Companies from $220.00 to $195.00 and set a “hold” rating on the stock in a report on Monday, October 26th. Gordon Haskett cut shares of Lowe’s Companies from a “buy” rating to a “hold” rating and set a $200.00 target price for the company. in a report on Thursday, September 24th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $231.00 price objective on shares of Lowe’s Companies in a research report on Thursday, August 20th. Finally, Wells Fargo & Company lowered their target price on Lowe’s Companies from $255.00 to $245.00 and set an “overweight” rating on the stock in a research note on Tuesday, August 11th. 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 assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $253.48.

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.