Notis McConarty Edward Buys Shares of 6,140 Lowe’s Companies, Inc. $LOW

Notis McConarty Edward bought a new stake in Lowe’s Companies, Inc. (NYSE:LOW) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 6,140 shares of the home improvement retailer’s stock, valued at approximately $1,354,000.

A number of other institutional investors have also recently made changes to their positions in LOW. Providence Wealth Advisors LLC raised its stake in Lowe’s Companies by 0.5% in the 4th quarter. Providence Wealth Advisors LLC now owns 7,969 shares of the home improvement retailer’s stock valued at $1,959,000 after purchasing an additional 36 shares during the last quarter. Rather & Kittrell Inc. grew its holdings in shares of Lowe’s Companies by 0.4% during the fourth quarter. Rather & Kittrell Inc. now owns 10,379 shares of the home improvement retailer’s stock worth $2,503,000 after buying an additional 38 shares in the last quarter. First Command Advisory Services Inc. grew its holdings in shares of Lowe’s Companies by 1.3% during the fourth quarter. First Command Advisory Services Inc. now owns 2,947 shares of the home improvement retailer’s stock worth $711,000 after buying an additional 38 shares in the last quarter. Smithbridge Asset Management Inc. DE raised its position in shares of Lowe’s Companies by 1.1% in the fourth quarter. Smithbridge Asset Management Inc. DE now owns 3,723 shares of the home improvement retailer’s stock valued at $898,000 after buying an additional 39 shares during the last quarter. Finally, Sumitomo Life Insurance Co. raised its position in shares of Lowe’s Companies by 0.6% in the fourth quarter. Sumitomo Life Insurance Co. now owns 6,140 shares of the home improvement retailer’s stock valued at $1,481,000 after buying an additional 39 shares during the last quarter. 74.06% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Margrethe R. Vagell sold 2,500 shares of Lowe’s Companies stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $223.83, for a total transaction of $559,575.00. Following the sale, the executive vice president owned 20,220 shares of the company’s stock, valued at approximately $4,525,842.60. The trade was a 11.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Janice Dupre sold 14,150 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $221.90, for a total value of $3,139,885.00. Following the completion of the transaction, the executive vice president owned 39,785 shares in the company, valued at $8,828,291.50. This represents a 26.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 25,980 shares of company stock valued at $5,796,937 in the last 90 days. Company insiders own 0.29% of the company’s stock.

Lowe’s Companies Trading Up 2.4%

Shares of LOW stock opened at $220.74 on Thursday. Lowe’s Companies, Inc. has a twelve month low of $199.40 and a twelve month high of $293.06. The company’s 50-day moving average price is $216.21 and its 200-day moving average price is $233.46. The stock has a market cap of $123.77 billion, a price-to-earnings ratio of 18.66, a PEG ratio of 2.76 and a beta of 0.86.

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 (EPS) for the quarter, topping the consensus estimate of $4.22 by $0.18. Lowe’s Companies had a net margin of 7.51% and a negative return on equity of 67.96%. The firm had revenue of $25.96 billion during the quarter, compared to analysts’ expectations of $26.13 billion. During the same period last year, the business earned $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. As a group, equities research analysts predict that Lowe’s Companies, Inc. will post 12.43 EPS for the current year.

Lowe’s Companies Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Wednesday, July 22nd were paid a $1.25 dividend. This is a positive change from Lowe’s Companies’s previous quarterly dividend of $1.20. The ex-dividend date of this dividend was Wednesday, July 22nd. This represents a $5.00 annualized dividend and a dividend yield of 2.3%. Lowe’s Companies’s dividend payout ratio is currently 42.27%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on LOW shares. Royal Bank Of Canada decreased their price target on shares of Lowe’s Companies from $232.00 to $231.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 12th. Sanford C. Bernstein cut their price objective on shares of Lowe’s Companies from $303.00 to $281.00 and set an “outperform” rating for the company in a report on Thursday, May 14th. Telsey Advisory Group decreased their target price on shares of Lowe’s Companies from $295.00 to $280.00 and set an “outperform” rating on the stock in a research note on Thursday, May 21st. Weiss Ratings lowered shares of Lowe’s Companies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday. Finally, Raymond James Financial cut Lowe’s Companies from a “market perform” rating to a “market perform” rating in a report on Tuesday, May 12th. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Lowe’s Companies has a consensus rating of “Moderate Buy” and a consensus target price of $261.63.

More Lowe’s Companies News

Here are the key news stories impacting Lowe’s Companies this week:

• Positive Sentiment: Adjusted EPS beat estimates by $0.18, and quarterly revenue still grew meaningfully year over year. Analysts characterized comparable sales as better than feared, while the stock’s roughly 2.3% dividend yield and depressed valuation may attract value-oriented investors. Lowe’s Q2 earnings beat analysis
• Positive Sentiment: DA Davidson reaffirmed its neutral rating but set a $245 price target, implying potential upside from recent trading levels. Longer term, investors continue to view Lowe’s acquisitions and its Total Home strategy as potential beneficiaries if housing activity and renovation demand recover. DA Davidson rating update
• Neutral Sentiment: Elevated mortgage rates are encouraging homeowners to maintain existing properties rather than move, but they are also discouraging large renovation projects. This supports smaller maintenance purchases while limiting higher-value DIY demand. Home improvement maintenance economy
• Negative Sentiment: Lowe’s lagged Home Depot’s stronger comparable-sales momentum, raising concerns about market-share loss and an unfavorable product mix rather than merely an industry-wide slowdown. The lower full-year outlook reinforces expectations for pressure through the second half. Lowe’s and Home Depot comparison

Lowe’s Companies Company 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.