First Command Advisory Services Inc. Has $781,000 Position in Lowe’s Companies, Inc. (NYSE:LOW)

First Command Advisory Services Inc. grew its position in Lowe’s Companies, Inc. (NYSE:LOW) by 1.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,166 shares of the home improvement retailer’s stock after purchasing an additional 42 shares during the period. First Command Advisory Services Inc.’s holdings in Lowe’s Companies were worth $781,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in the company. AMF Tjanstepension AB increased its holdings in Lowe’s Companies by 14.4% during the 3rd quarter. AMF Tjanstepension AB now owns 159,742 shares of the home improvement retailer’s stock valued at $43,290,000 after purchasing an additional 20,123 shares in the last quarter. Hunter Associates Investment Management LLC acquired a new stake in shares of Lowe’s Companies in the 3rd quarter valued at approximately $241,000. Gateway Wealth Partners LLC acquired a new position in Lowe’s Companies during the third quarter valued at approximately $208,000. MONECO Advisors LLC grew its holdings in shares of Lowe’s Companies by 1.6% in the 3rd quarter. MONECO Advisors LLC now owns 3,243 shares of the home improvement retailer’s stock valued at $878,000 after buying an additional 52 shares during the period. Finally, Fidelis Capital Partners LLC increased its position in shares of Lowe’s Companies by 20.7% in the 3rd quarter. Fidelis Capital Partners LLC now owns 5,560 shares of the home improvement retailer’s stock valued at $1,502,000 after buying an additional 954 shares in the last quarter. 74.06% of the stock is owned by institutional investors.

Lowe’s Companies Trading Up 2.0 %

Shares of NYSE LOW opened at $247.16 on Thursday. The business’s 50 day moving average is $252.48 and its 200-day moving average is $258.86. The firm has a market cap of $139.56 billion, a P/E ratio of 20.61, a price-to-earnings-growth ratio of 1.96 and a beta of 1.11. Lowe’s Companies, Inc. has a 1-year low of $211.80 and a 1-year high of $287.01.

Lowe’s Companies (NYSE:LOW) last posted its earnings results on Wednesday, February 26th. The home improvement retailer reported $1.93 earnings per share for the quarter, topping analysts’ consensus estimates of $1.83 by $0.10. Lowe’s Companies had a negative return on equity of 47.55% and a net margin of 8.19%. The company had revenue of $18.55 billion during the quarter, compared to the consensus estimate of $18.29 billion. Analysts forecast that Lowe’s Companies, Inc. will post 11.9 EPS for the current year.

Wall Street Analysts Forecast Growth

LOW has been the topic of several recent analyst reports. Truist Financial lifted their target price on Lowe’s Companies from $307.00 to $308.00 and gave the stock a “buy” rating in a report on Tuesday, February 11th. Sanford C. Bernstein lifted their price objective on Lowe’s Companies from $301.00 to $304.00 and gave the company an “outperform” rating in a report on Thursday, December 12th. Telsey Advisory Group restated an “outperform” rating and set a $305.00 target price on shares of Lowe’s Companies in a report on Wednesday. DA Davidson upped their price target on shares of Lowe’s Companies from $240.00 to $270.00 and gave the company a “neutral” rating in a report on Wednesday, November 20th. Finally, Wedbush restated a “neutral” rating and issued a $250.00 target price on shares of Lowe’s Companies in a research note on Thursday, December 12th. Ten research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $282.96.

About Lowe’s Companies

Lowe’s Companies, Inc, together with its subsidiaries, operates as a home improvement retailer in the United States. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It also provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, and electrical.