Cambient Family Office LLC Acquires New Shares in Lowe’s Companies, Inc. $LOW

Cambient Family Office LLC purchased a new stake in shares of Lowe’s Companies, Inc. (NYSE:LOWFree Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 12,780 shares of the home improvement retailer’s stock, valued at approximately $3,082,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. McLaughlin Asset Management Inc. bought a new position in shares of Lowe’s Companies in the fourth quarter worth $277,000. Capstone Wealth Management Inc. bought a new position in Lowe’s Companies in the 4th quarter valued at about $1,961,000. Professional Financial Solutions LLC ADV acquired a new position in Lowe’s Companies during the 4th quarter valued at about $385,000. Mcguire Capital Advisors Inc. acquired a new position in Lowe’s Companies during the 4th quarter valued at about $62,000. Finally, Compound Planning Inc. raised its position in shares of Lowe’s Companies by 20.2% during the 4th quarter. Compound Planning Inc. now owns 10,911 shares of the home improvement retailer’s stock worth $2,631,000 after buying an additional 1,836 shares in the last quarter. 74.06% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Janice Dupre sold 14,150 shares of Lowe’s Companies stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $221.90, for a total transaction of $3,139,885.00. Following the transaction, the executive vice president owned 39,785 shares in the company, valued at approximately $8,828,291.50. The trade was a 26.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Juliette Williams Pryor sold 9,330 shares of the company’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $224.81, for a total value of $2,097,477.30. Following the transaction, the executive vice president directly owned 16,142 shares in the company, valued at $3,628,883.02. The trade was a 36.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.29% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on LOW. Argus increased their price objective on shares of Lowe’s Companies from $286.00 to $288.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Weiss Ratings cut Lowe’s Companies from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, June 4th. Stifel Nicolaus cut their target price on Lowe’s Companies from $270.00 to $220.00 and set a “hold” rating for the company in a research report on Monday, May 18th. Wolfe Research set a $254.00 price target on Lowe’s Companies in a research note on Thursday, May 21st. Finally, Mizuho lowered their price target on Lowe’s Companies from $294.00 to $280.00 and set an “outperform” rating on the stock in a research report on Thursday, May 21st. Twenty-three equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Lowe’s Companies presently has a consensus rating of “Moderate Buy” and a consensus price target of $264.57.

Get Our Latest Stock Report on LOW

Lowe’s Companies Price Performance

Lowe’s Companies stock opened at $222.10 on Friday. Lowe’s Companies, Inc. has a fifty-two week low of $203.40 and a fifty-two week high of $293.06. The firm’s 50 day simple moving average is $227.46 and its 200-day simple moving average is $245.69. The company has a market cap of $124.53 billion, a P/E ratio of 18.77, a price-to-earnings-growth ratio of 2.74 and a beta of 0.86.

Lowe’s Companies (NYSE:LOWGet Free Report) last issued its quarterly earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 EPS for the quarter, beating the consensus estimate of $2.97 by $0.06. Lowe’s Companies had a net margin of 7.51% and a negative return on equity of 67.96%. The business had revenue of $23.08 billion during the quarter, compared to the consensus estimate of $22.98 billion. During the same quarter in the prior year, the firm earned $2.92 EPS. The firm’s quarterly revenue was up 10.3% on a year-over-year basis. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. On average, analysts expect that Lowe’s Companies, Inc. will post 12.48 EPS for the current fiscal year.

Lowe’s Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 5th. Shareholders of record on Wednesday, July 22nd will be paid a dividend of $1.25 per share. This is an increase from Lowe’s Companies’s previous quarterly dividend of $1.20. The ex-dividend date of this dividend is Wednesday, July 22nd. This represents a $5.00 annualized dividend and a yield of 2.3%. Lowe’s Companies’s dividend payout ratio (DPR) is presently 40.57%.

Lowe’s Companies Profile

(Free Report)

Lowe’s Companies, Inc is a leading home improvement retailer that operates large-format stores and digital channels serving both do-it-yourself homeowners and professional contractors. The company offers a broad assortment of products including building materials, lumber, appliances, tools and hardware, plumbing and electrical supplies, paint, flooring, kitchen and bath fixtures, outdoor and garden products, and home decor. Lowe’s also provides a range of services such as installation, home improvement financing, tool and equipment rental, and contractor-focused sales programs.

Operations are centered on a nationwide brick-and-mortar store network supported by distribution centers and an e-commerce platform that enables online ordering, delivery and in-store pickup.

Further Reading

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Institutional Ownership by Quarter for Lowe's Companies (NYSE:LOW)

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