Lowe’s Companies, Inc. $LOW Shares Newly Purchased by M Holdings Securities Inc.

M Holdings Securities Inc. bought a new position in shares of Lowe’s Companies, Inc. (NYSE:LOW) in the third quarter, according to the company in its most recent filing with the SEC. The fund bought 11,051 shares of the home improvement retailer’s stock, valued at approximately $2,037,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Candriam S.C.A. lifted its holdings in shares of Lowe’s Companies by 25.1% during the 3rd quarter. Candriam S.C.A. now owns 71,455 shares of the home improvement retailer’s stock valued at $13,217,000 after acquiring an additional 14,331 shares in the last quarter. StoneX Group Inc. boosted its position in Lowe’s Companies by 70.5% during the 3rd quarter. StoneX Group Inc. now owns 9,072 shares of the home improvement retailer’s stock worth $1,724,000 after purchasing an additional 3,752 shares during the period. Pictet Asset Management Holding SA increased its holdings in Lowe’s Companies by 0.6% in the 3rd quarter. Pictet Asset Management Holding SA now owns 503,946 shares of the home improvement retailer’s stock valued at $92,872,000 after purchasing an additional 2,899 shares in the last quarter. Parallel Advisors LLC increased its holdings in Lowe’s Companies by 12.3% in the 3rd quarter. Parallel Advisors LLC now owns 8,821 shares of the home improvement retailer’s stock valued at $1,626,000 after purchasing an additional 965 shares in the last quarter. Finally, Asset Dedication LLC increased its holdings in Lowe’s Companies by 25.9% in the 3rd quarter. Asset Dedication LLC now owns 8,119 shares of the home improvement retailer’s stock valued at $1,496,000 after purchasing an additional 1,668 shares in the last quarter. Institutional investors and hedge funds own 74.06% of the company’s stock.

Analysts Set New Price Targets

LOW has been the topic of several research reports. Royal Bank Of Canada reissued a “sector perform” rating and issued a $231.00 price objective on shares of Lowe’s Companies in a research report on Thursday, August 20th. UBS Group decreased their target price on Lowe’s Companies from $285.00 to $275.00 and set a “buy” rating for the company in a research report on Thursday, August 20th. Mizuho lowered their target price on Lowe’s Companies from $280.00 to $250.00 and set an “outperform” rating for the company in a research note on Thursday, August 20th. Wells Fargo & Company dropped their target price on Lowe’s Companies from $255.00 to $245.00 and set an “overweight” rating on the stock in a report on Tuesday, August 11th. Finally, Gordon Haskett downgraded Lowe’s Companies from a “buy” rating to a “hold” rating and set a $200.00 target price on the stock. in a report on Thursday, September 24th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $254.23.

Lowe’s Companies Trading Up 3.4%

Shares of LOW stock opened at $232.17 on Tuesday. The company has a market capitalization of $130.26 billion, a PE ratio of 19.63, a price-to-earnings-growth ratio of 1.92 and a beta of 0.81. The firm has a fifty day simple moving average of $197.66 and a 200-day simple moving average of $224.91. Lowe’s Companies, Inc. has a twelve month low of $178.45 and a twelve month high of $293.06.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.22 by $0.18. Lowe’s Companies had a net margin of 7.34% and a negative return on equity of 75.67%. The firm had revenue of $25.96 billion for the quarter, compared to the consensus estimate of $26.13 billion. During the same quarter in the previous year, the firm posted $4.33 EPS. The firm’s quarterly revenue was up 8.3% on a year-over-year basis. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. Equities research analysts predict that Lowe’s Companies, Inc. will post 12.25 EPS for the current year.

Lowe’s Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 4th. Stockholders of record on Wednesday, October 21st were paid a dividend of $1.25 per share. The ex-dividend date was Wednesday, October 21st. This represents a $5.00 annualized dividend and a dividend yield of 2.2%. Lowe’s Companies’s dividend payout ratio (DPR) is currently 42.27%.

Lowe’s Companies Profile

Lowe’s Companies, Inc is a home improvement retailer serving homeowners, do-it-yourself customers and professional contractors. The company sells products for construction, maintenance, repair and renovation through its retail stores and online channels.

Its offerings include appliances, tools, hardware, lumber and building materials, paint, plumbing and electrical supplies, and products for lawn and garden. Lowe’s also provides services such as installation and other project support.

Founded in 1921 in North Wilkesboro, North Carolina, Lowe’s has grown into a major retailer operating across the United States.