Kera Capital Partners Inc. Purchases Shares of 2,394 Lowe’s Companies, Inc. $LOW

Kera Capital Partners Inc. acquired a new stake in Lowe’s Companies, Inc. (NYSE:LOW) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,394 shares of the home improvement retailer’s stock, valued at approximately $639,000.

Other hedge funds have also recently made changes to their positions in the company. MV Capital Management Inc. bought a new stake in Lowe’s Companies during the 4th quarter valued at approximately $163,000. Catalyst Investment Management LLC bought a new position in Lowe’s Companies in the 4th quarter worth approximately $217,000. Cambient Family Office LLC bought a new position in Lowe’s Companies in the 4th quarter worth approximately $3,082,000. McLaughlin Asset Management Inc. purchased a new stake in Lowe’s Companies during the 4th quarter valued at approximately $277,000. Finally, Capstone Wealth Management Inc. purchased a new stake in Lowe’s Companies during the 4th quarter valued at approximately $1,961,000. Institutional investors own 74.06% of the company’s stock.

Analyst Upgrades and Downgrades

LOW has been the topic of several recent analyst reports. Wells Fargo & Company reduced their price objective on shares of Lowe’s Companies from $260.00 to $255.00 and set an “overweight” rating on the stock in a research report on Thursday, May 21st. Guggenheim raised their target price on shares of Lowe’s Companies from $280.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, February 26th. Gordon Haskett reduced their price target on shares of Lowe’s Companies from $280.00 to $250.00 and set a “buy” rating on the stock in a report on Thursday, May 21st. Royal Bank Of Canada decreased their price target on shares of Lowe’s Companies from $264.00 to $232.00 and set a “sector perform” rating on the stock in a research note on Thursday, May 21st. Finally, UBS Group dropped their price objective on shares of Lowe’s Companies from $315.00 to $285.00 and set a “buy” rating for the company in a report on Thursday, May 21st. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $264.57.

Lowe’s Companies Stock Performance

NYSE LOW opened at $222.10 on Friday. The stock has a 50 day moving average price of $227.02 and a 200-day moving average price of $245.52. Lowe’s Companies, Inc. has a one year low of $203.40 and a one year high of $293.06. The company has a market capitalization of $124.53 billion, a P/E ratio of 18.77, a P/E/G ratio of 2.81 and a beta of 0.86.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share for the quarter, topping the consensus estimate of $2.97 by $0.06. The company had revenue of $23.08 billion for the quarter, compared to analysts’ expectations of $22.98 billion. Lowe’s Companies had a net margin of 7.51% and a negative return on equity of 67.96%. Lowe’s Companies’s quarterly revenue was up 10.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.92 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. As a group, equities analysts predict that Lowe’s Companies, Inc. will post 12.48 EPS for the current fiscal year.

Lowe’s Companies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 5th. Stockholders of record on Wednesday, July 22nd will be issued a $1.25 dividend. This is a boost from Lowe’s Companies’s previous quarterly dividend of $1.20. The ex-dividend date is Wednesday, July 22nd. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.3%. Lowe’s Companies’s payout ratio is presently 40.57%.

Insider Activity

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

Lowe’s Companies Profile

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.