Level Four Advisory Services LLC Has $7.47 Million Stock Position in Lowe’s Companies, Inc. $LOW

Level Four Advisory Services LLC boosted its stake in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 1.3% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 33,674 shares of the home improvement retailer’s stock after purchasing an additional 416 shares during the period. Level Four Advisory Services LLC’s holdings in Lowe’s Companies were worth $7,471,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Waterloo Capital L.P. grew its stake in shares of Lowe’s Companies by 1.2% in the second quarter. Waterloo Capital L.P. now owns 3,455 shares of the home improvement retailer’s stock valued at $767,000 after buying an additional 41 shares in the last quarter. Vertex Planning Partners LLC lifted its stake in Lowe’s Companies by 2.9% in the first quarter. Vertex Planning Partners LLC now owns 1,582 shares of the home improvement retailer’s stock valued at $369,000 after acquiring an additional 44 shares during the last quarter. Quadcap Wealth Management LLC grew its position in shares of Lowe’s Companies by 0.5% in the 1st quarter. Quadcap Wealth Management LLC now owns 9,386 shares of the home improvement retailer’s stock valued at $2,189,000 after acquiring an additional 46 shares during the period. Appleton Partners Inc. MA increased its stake in shares of Lowe’s Companies by 1.5% during the 2nd quarter. Appleton Partners Inc. MA now owns 3,214 shares of the home improvement retailer’s stock worth $713,000 after purchasing an additional 47 shares during the last quarter. Finally, Intrua Financial LLC raised its holdings in shares of Lowe’s Companies by 3.2% in the 2nd quarter. Intrua Financial LLC now owns 1,555 shares of the home improvement retailer’s stock valued at $345,000 after purchasing an additional 48 shares during the period. 74.06% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently commented on LOW. Truist Financial reduced their price target on Lowe’s Companies from $267.00 to $256.00 and set a “buy” rating for the company in a report on Thursday, November 20th. Wolfe Research decreased their target price on Lowe’s Companies from $308.00 to $285.00 and set an “outperform” rating on the stock in a report on Monday. Robert W. Baird cut their price target on Lowe’s Companies from $295.00 to $290.00 and set an “outperform” rating for the company in a report on Thursday, November 20th. Piper Sandler upped their price objective on shares of Lowe’s Companies from $269.00 to $294.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. Finally, DA Davidson cut their target price on shares of Lowe’s Companies from $266.00 to $250.00 and set a “neutral” rating for the company in a research note on Thursday, November 20th. Sixteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Lowe’s Companies presently has a consensus rating of “Moderate Buy” and an average target price of $273.79.

Lowe’s Companies Stock Performance

Shares of Lowe’s Companies stock opened at $241.74 on Friday. The firm has a 50-day moving average of $240.73 and a 200-day moving average of $237.79. The stock has a market cap of $135.57 billion, a PE ratio of 19.86, a PEG ratio of 2.21 and a beta of 0.87. Lowe’s Companies, Inc. has a 52-week low of $206.38 and a 52-week high of $280.64.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings results on Wednesday, November 19th. The home improvement retailer reported $3.06 EPS for the quarter, topping analysts’ consensus estimates of $2.97 by $0.09. The business had revenue of $20.81 billion for the quarter, compared to analyst estimates of $20.88 billion. Lowe’s Companies had a net margin of 8.20% and a negative return on equity of 52.02%. Lowe’s Companies’s revenue for the quarter was up 3.2% compared to the same quarter last year. During the same period last year, the firm earned $2.89 earnings per share. Lowe’s Companies has set its FY 2025 guidance at 12.250-12.250 EPS. Equities research analysts predict that Lowe’s Companies, Inc. will post 11.9 earnings per share for the current fiscal year.

Lowe’s Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 4th. Investors of record on Wednesday, January 21st will be paid a $1.20 dividend. This represents a $4.80 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Wednesday, January 21st. Lowe’s Companies’s payout ratio is 39.80%.

Insider Buying and Selling

In other Lowe’s Companies news, EVP Joseph Michael Mcfarland sold 43,810 shares of the firm’s stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $272.60, for a total transaction of $11,942,606.00. Following the transaction, the executive vice president owned 66,566 shares in the company, valued at $18,145,891.60. This trade represents a 39.69% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Brandon J. Sink sold 8,192 shares of the company’s stock in a transaction on Friday, September 5th. The shares were sold at an average price of $268.58, for a total value of $2,200,207.36. Following the sale, the executive vice president owned 21,603 shares of the company’s stock, valued at approximately $5,802,133.74. The trade was a 27.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.27% of the company’s stock.

Lowe’s Companies 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.