Lowe’s Companies, Inc. $LOW Shares Sold by Hardin Capital Partners LLC

Hardin Capital Partners LLC lowered its holdings in Lowe’s Companies, Inc. (NYSE:LOW) by 0.7% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 423,219 shares of the home improvement retailer’s stock after selling 3,151 shares during the period. Lowe’s Companies makes up about 33.7% of Hardin Capital Partners LLC’s portfolio, making the stock its largest holding. Hardin Capital Partners LLC owned approximately 0.08% of Lowe’s Companies worth $77,995,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in LOW. Sankala Group LLC acquired a new stake in shares of Lowe’s Companies in the fourth quarter valued at approximately $33,000. Markowski Investments acquired a new stake in Lowe’s Companies during the second quarter worth approximately $33,000. IAG Wealth Partners LLC grew its position in Lowe’s Companies by 178.6% during the first quarter. IAG Wealth Partners LLC now owns 156 shares of the home improvement retailer’s stock worth $37,000 after buying an additional 100 shares in the last quarter. Miller Global Investments LLC bought a new position in Lowe’s Companies during the 3rd quarter worth $40,000. Finally, Provenance Wealth Advisors LLC raised its holdings in Lowe’s Companies by 416.7% in the 1st quarter. Provenance Wealth Advisors LLC now owns 186 shares of the home improvement retailer’s stock valued at $44,000 after acquiring an additional 150 shares in the last quarter. Institutional investors and hedge funds own 74.06% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on LOW. Piper Sandler reduced their target price on Lowe’s Companies from $276.00 to $274.00 and set an “overweight” rating on the stock in a report on Thursday, August 13th. Weiss Ratings downgraded Lowe’s Companies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, August 17th. Citigroup cut their price objective on shares of Lowe’s Companies from $267.00 to $260.00 and set a “buy” rating for the company in a research report on Thursday, August 20th. Telsey Advisory Group reduced their price objective on shares of Lowe’s Companies from $280.00 to $260.00 and set an “outperform” rating on the stock in a research note on Thursday, August 20th. Finally, Truist Financial decreased their target price on shares of Lowe’s Companies from $255.00 to $254.00 and set a “buy” rating on the stock in a report on Thursday, August 20th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $254.29.

Lowe’s Companies Stock Performance

Lowe’s Companies stock opened at $188.83 on Friday. Lowe’s Companies, Inc. has a 52 week low of $178.45 and a 52 week high of $293.06. The stock has a market capitalization of $105.94 billion, a P/E ratio of 15.96, a price-to-earnings-growth ratio of 1.52 and a beta of 0.89. The stock has a fifty day moving average of $202.61 and a 200-day moving average of $216.55.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings data on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share for the quarter, beating the consensus estimate of $4.22 by $0.18. Lowe’s Companies had a negative return on equity of 75.67% and a net margin of 7.34%.The business had revenue of $25.96 billion for the quarter, compared to analyst estimates of $26.13 billion. During the same period last year, the firm posted $4.33 earnings per share. Lowe’s Companies’s revenue was up 8.3% compared to the same quarter last year. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. On average, research analysts forecast that Lowe’s Companies, Inc. will post 12.26 earnings per share for the current year.

Lowe’s Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 4th. Stockholders of record on Wednesday, October 21st will be paid a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Wednesday, October 21st. Lowe’s Companies’s dividend payout ratio (DPR) is presently 42.27%.

Lowe’s Companies Company Profile

Lowe’s Companies, Inc is a home improvement retailer serving homeowners, renters, and professional contractors primarily in the United States. The company operates through a network of retail stores and digital channels, offering products and services for home repair, maintenance, remodeling, construction, and outdoor living.

Its merchandise includes appliances, tools, hardware, lumber, building materials, plumbing and electrical supplies, paint, flooring, kitchen and bath products, lighting, home décor, lawn and garden equipment, and seasonal goods.