Proficio Capital Partners LLC Makes New Investment in Lowe’s Companies, Inc. $LOW

Proficio Capital Partners LLC bought a new position in shares of Lowe’s Companies, Inc. (NYSE:LOW) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 2,806 shares of the home improvement retailer’s stock, valued at approximately $619,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Natixis Advisors LLC boosted its holdings in shares of Lowe’s Companies by 3.5% in the fourth quarter. Natixis Advisors LLC now owns 630,956 shares of the home improvement retailer’s stock valued at $152,161,000 after acquiring an additional 21,119 shares during the period. Bridges Investment Management Inc. raised its position in Lowe’s Companies by 6.1% in the 4th quarter. Bridges Investment Management Inc. now owns 446,441 shares of the home improvement retailer’s stock valued at $107,664,000 after purchasing an additional 25,609 shares during the last quarter. Kathmere Capital Management LLC raised its position in Lowe’s Companies by 133.9% in the 1st quarter. Kathmere Capital Management LLC now owns 9,402 shares of the home improvement retailer’s stock valued at $2,222,000 after purchasing an additional 5,383 shares during the last quarter. Glenview Trust Co boosted its stake in Lowe’s Companies by 9.0% during the 4th quarter. Glenview Trust Co now owns 207,797 shares of the home improvement retailer’s stock worth $50,112,000 after purchasing an additional 17,225 shares during the period. Finally, LPL Financial LLC grew its position in Lowe’s Companies by 2.3% during the 4th quarter. LPL Financial LLC now owns 993,332 shares of the home improvement retailer’s stock worth $239,552,000 after purchasing an additional 22,175 shares during the last quarter. 74.06% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Lowe’s Companies

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

• Positive Sentiment: Lowe’s Foundation launched the “Building Futures Skilled Trades Coalition” with more than 75 corporate and nonprofit partners, including NVIDIA, Bank of America and General Motors. The initiative aims to train and certify 1 million skilled-trades workers by 2035, potentially supporting Lowe’s brand, contractor relationships and future demand for home-improvement services. Morning Business Report: Lowe’s launches initiative to train 1 million skilled tradespeople
• Positive Sentiment: Management continues to highlight growth in its Pro customer business, digital sales and Home Services as longer-term offsets to softer DIY demand. The latest reported quarter also showed revenue growth of 8.3% year over year, while earnings per share exceeded analysts’ expectations. Can Lowe’s Pro Growth Justify Its Valuation Despite DIY Weakness?
• Neutral Sentiment: Some Zacks Research quarterly estimates were modestly raised, including Q2 2028 EPS to $4.56 from $4.55 and Q2 2029 EPS to $4.89 from $4.88. However, these small increases do not change the broader cautious estimate trend.
• Negative Sentiment: Zacks lowered several future forecasts, including FY2028 EPS to $12.94 from $13.60 and FY2029 EPS to $13.90 from $14.62. Estimates were also reduced for multiple 2027–2029 quarters, signaling weaker expected earnings momentum. Lowe’s Cuts 2026 Outlook as DIY Pressure Tests Its Growth Engines
• Negative Sentiment: The company’s reduced fiscal 2026 outlook reflects pressure from weak DIY spending and housing conditions. Although Pro and services are growing, investors remain concerned that these businesses may not fully offset sluggish consumer project demand. Dividend-focused investors are also scrutinizing Lowe’s payout coverage and the sustainability of future dividend increases. Home Depot vs. Lowe’s: One Dividend Looks Much Stronger Under the Hood

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Oppenheimer decreased their target price on shares of Lowe’s Companies from $315.00 to $275.00 and set an “outperform” rating for the company in a research note on Monday, May 18th. Wolfe Research set a $254.00 price target on Lowe’s Companies in a research note on Thursday, May 21st. Wells Fargo & Company decreased their price target on Lowe’s Companies from $255.00 to $245.00 and set an “overweight” rating for the company in a report on Tuesday, August 11th. DA Davidson reissued a “neutral” rating and issued a $245.00 price objective on shares of Lowe’s Companies in a research note on Wednesday, August 19th. Finally, Benchmark assumed coverage on shares of Lowe’s Companies in a report on Tuesday, May 12th. They issued a “hold” rating on the stock. Twenty-three analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Lowe’s Companies has an average rating of “Moderate Buy” and a consensus target price of $258.53.

Lowe’s Companies Trading Down 0.2%

Shares of LOW opened at $199.65 on Thursday. Lowe’s Companies, Inc. has a twelve month low of $199.34 and a twelve month high of $293.06. The firm has a market capitalization of $112.02 billion, a P/E ratio of 16.88, a PEG ratio of 2.66 and a beta of 0.85. The firm’s 50-day moving average is $214.20 and its two-hundred day moving average is $228.69.

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

Lowe’s Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 4th. Shareholders of record on Wednesday, October 21st will be issued a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Wednesday, October 21st. Lowe’s Companies’s dividend payout ratio is 42.27%.

Insider Buying and Selling

In other news, EVP Margrethe R. Vagell sold 2,500 shares of Lowe’s Companies stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $223.83, for a total value of $559,575.00. Following the completion of the sale, the executive vice president owned 20,220 shares of the company’s stock, valued at $4,525,842.60. The trade was a 11.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Janice Dupre sold 14,150 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $221.90, for a total value of $3,139,885.00. Following the completion of the sale, the executive vice president directly owned 39,785 shares in the company, valued at approximately $8,828,291.50. The trade was a 26.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 25,980 shares of company stock worth $5,796,937. 0.29% of the stock is owned by corporate insiders.

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.