PensionDanmark Pensionsforsikringsaktieselskab Has $19.16 Million Position in Lowe’s Companies, Inc. $LOW

PensionDanmark Pensionsforsikringsaktieselskab grew its position in Lowe’s Companies, Inc. (NYSE:LOW) by 10.4% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 86,874 shares of the home improvement retailer’s stock after purchasing an additional 8,200 shares during the period. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Lowe’s Companies were worth $19,155,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in LOW. Swiss RE Ltd. bought a new stake in shares of Lowe’s Companies during the fourth quarter worth $25,000. Wilkerson Advisory Group LLC bought a new position in shares of Lowe’s Companies in the fourth quarter valued at about $27,000. OLD Second National Bank of Aurora raised its holdings in shares of Lowe’s Companies by 52.5% in the fourth quarter. OLD Second National Bank of Aurora now owns 122 shares of the home improvement retailer’s stock valued at $29,000 after buying an additional 42 shares during the last quarter. Sankala Group LLC acquired a new position in Lowe’s Companies during the 4th quarter worth about $33,000. Finally, Triumph Capital Management acquired a new position in Lowe’s Companies during the 3rd quarter worth about $34,000. Institutional investors own 74.06% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Janice Dupre sold 14,150 shares of the stock in a transaction on 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 completion of the sale, the executive vice president owned 39,785 shares of the company’s stock, valued at $8,828,291.50. This represents a 26.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Juliette Williams Pryor sold 9,330 shares of the business’s stock in a transaction on 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 sale, the executive vice president directly owned 16,142 shares in the company, valued at $3,628,883.02. This represents a 36.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 25,980 shares of company stock worth $5,796,937. Company insiders own 0.29% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. William Blair began coverage on shares of Lowe’s Companies in a research report on Tuesday, May 12th. They issued an “overweight” rating for the company. Stifel Nicolaus reduced their target price on shares of Lowe’s Companies from $270.00 to $220.00 and set a “hold” rating on the stock in a research report on Monday, May 18th. JPMorgan Chase & Co. decreased their price target on shares of Lowe’s Companies from $279.00 to $252.00 and set an “overweight” rating on the stock in a research note on Friday, July 31st. Benchmark initiated coverage on shares of Lowe’s Companies in a report on Tuesday, May 12th. They issued a “hold” rating for the company. Finally, Royal Bank Of Canada lowered their price target on shares of Lowe’s Companies from $264.00 to $232.00 and set a “sector perform” rating for the company in a report on Thursday, May 21st. Twenty-three analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Lowe’s Companies currently has a consensus rating of “Moderate Buy” and a consensus target price of $263.67.

Lowe’s Companies Price Performance

Shares of LOW stock opened at $223.03 on Friday. The stock has a market cap of $125.05 billion, a PE ratio of 18.85, a price-to-earnings-growth ratio of 2.76 and a beta of 0.86. The stock has a 50-day moving average of $214.99 and a 200-day moving average of $236.85. Lowe’s Companies, Inc. has a one year low of $199.40 and a one year high of $293.06.

Lowe’s Companies (NYSE:LOW) last issued its quarterly earnings data on Wednesday, May 20th. The home improvement retailer reported $3.03 EPS for the quarter, topping the consensus estimate of $2.97 by $0.06. Lowe’s Companies had a negative return on equity of 67.96% and a net margin of 7.51%.The business had revenue of $23.08 billion for the quarter, compared to the consensus estimate of $22.98 billion. During the same quarter last year, the business posted $2.92 EPS. The firm’s revenue was up 10.3% compared to the same quarter last year. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. As a group, research analysts anticipate that Lowe’s Companies, Inc. will post 12.46 earnings per share for the current year.

Lowe’s Companies Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Wednesday, July 22nd were paid a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend was Wednesday, July 22nd. This is a positive change from Lowe’s Companies’s previous quarterly dividend of $1.20. Lowe’s Companies’s dividend payout ratio (DPR) is currently 42.27%.

About Lowe’s Companies

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.