Juliette Williams Pryor Sells 929 Shares of Lowe’s Companies (NYSE:LOW) Stock

Lowe’s Companies, Inc. (NYSE:LOW) EVP Juliette Williams Pryor sold 929 shares of the stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $257.20, for a total value of $238,938.80. Following the completion of the sale, the executive vice president directly owned 30,099 shares of the company’s stock, valued at $7,741,462.80. This represents a 2.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Juliette Williams Pryor also recently made the following trade(s):

• On Tuesday, June 3rd, Juliette Williams Pryor sold 1,130 shares of Lowe’s Companies stock. The shares were sold at an average price of $227.50, for a total value of $257,075.00.

Lowe’s Companies Price Performance

Lowe’s Companies stock opened at $258.77 on Thursday. The stock has a fifty day moving average price of $232.84 and a two-hundred day moving average price of $230.46. Lowe’s Companies, Inc. has a 52-week low of $206.38 and a 52-week high of $287.01. The firm has a market capitalization of $145.02 billion, a P/E ratio of 21.26, a P/E/G ratio of 2.39 and a beta of 0.89.

Lowe’s Companies (NYSE:LOW) last announced its earnings results on Wednesday, August 20th. The home improvement retailer reported $4.33 earnings per share for the quarter, beating analysts’ consensus estimates of $4.24 by $0.09. Lowe’s Companies had a negative return on equity of 52.02% and a net margin of 8.20%.The company had revenue of $23.96 billion during the quarter, compared to analyst estimates of $23.99 billion. During the same period last year, the company posted $4.10 earnings per share. The firm’s quarterly revenue was up 1.6% compared to the same quarter last year. Lowe’s Companies has set its FY 2025 guidance at 12.200-12.450 EPS. On average, equities research analysts predict that Lowe’s Companies, Inc. will post 11.9 EPS for the current fiscal year.

Lowe’s Companies Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Investors of record on Wednesday, July 23rd were issued a $1.20 dividend. This is a positive change from Lowe’s Companies’s previous quarterly dividend of $1.15. This represents a $4.80 annualized dividend and a yield of 1.9%. The ex-dividend date was Wednesday, July 23rd. Lowe’s Companies’s dividend payout ratio (DPR) is 39.44%.

Analyst Upgrades and Downgrades

LOW has been the topic of several recent research reports. Sanford C. Bernstein raised their price target on Lowe’s Companies from $266.00 to $279.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. DA Davidson raised their target price on Lowe’s Companies from $240.00 to $266.00 and gave the stock a “neutral” rating in a report on Thursday, August 21st. Citigroup reduced their target price on Lowe’s Companies from $253.00 to $242.00 and set a “neutral” rating on the stock in a report on Thursday, July 31st. UBS Group raised their target price on Lowe’s Companies from $300.00 to $325.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Finally, Guggenheim restated a “buy” rating and set a $300.00 target price on shares of Lowe’s Companies in a report on Thursday, August 21st. Sixteen investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Lowe’s Companies has a consensus rating of “Moderate Buy” and an average target price of $283.92.

Institutional Investors Weigh In On Lowe’s Companies

Hedge funds and other institutional investors have recently bought and sold shares of the company. State of Alaska Department of Revenue increased its position in shares of Lowe’s Companies by 1.2% during the 1st quarter. State of Alaska Department of Revenue now owns 125,299 shares of the home improvement retailer’s stock worth $29,223,000 after purchasing an additional 1,470 shares during the last quarter. Aptus Capital Advisors LLC boosted its stake in shares of Lowe’s Companies by 14.0% during the 4th quarter. Aptus Capital Advisors LLC now owns 106,305 shares of the home improvement retailer’s stock worth $26,236,000 after acquiring an additional 13,092 shares during the period. Larson Financial Group LLC boosted its stake in shares of Lowe’s Companies by 8.1% during the 1st quarter. Larson Financial Group LLC now owns 16,551 shares of the home improvement retailer’s stock worth $3,860,000 after acquiring an additional 1,242 shares during the period. Advent Capital Management DE boosted its stake in shares of Lowe’s Companies by 20.0% during the 1st quarter. Advent Capital Management DE now owns 18,000 shares of the home improvement retailer’s stock worth $4,198,000 after acquiring an additional 3,000 shares during the period. Finally, Cornerstone Wealth Group LLC boosted its stake in shares of Lowe’s Companies by 12.6% during the 1st quarter. Cornerstone Wealth Group LLC now owns 29,361 shares of the home improvement retailer’s stock worth $6,848,000 after acquiring an additional 3,295 shares during the period. Institutional investors and hedge funds own 74.06% of the company’s stock.

Lowe’s Companies Company Profile

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.