Telsey Advisory Group Has Weak Forecast for LOW Q3 Earnings

Lowe’s Companies, Inc. (NYSE:LOW) – Stock analysts at Telsey Advisory Group reduced their Q3 2026 EPS estimates for Lowe’s Companies in a research report issued on Wednesday, August 20th. Telsey Advisory Group analyst J. Feldman now anticipates that the home improvement retailer will post earnings of $3.11 per share for the quarter, down from their prior estimate of $3.12. Telsey Advisory Group currently has a “Outperform” rating and a $305.00 price target on the stock. The consensus estimate for Lowe’s Companies’ current full-year earnings is $11.90 per share. Telsey Advisory Group also issued estimates for Lowe’s Companies’ FY2026 earnings at $12.45 EPS, Q1 2027 earnings at $3.25 EPS, Q2 2027 earnings at $4.68 EPS, Q3 2027 earnings at $3.34 EPS and FY2027 earnings at $13.57 EPS.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings data on Wednesday, August 20th. The home improvement retailer reported $4.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.24 by $0.09. Lowe’s Companies had a net margin of 8.20% and a negative return on equity of 52.02%. The company had revenue of $23.96 billion during the quarter, compared to the consensus estimate of $23.99 billion. During the same quarter in the prior year, the firm posted $4.10 earnings per share. Lowe’s Companies’s revenue for the quarter was up 1.6% on a year-over-year basis. Lowe’s Companies has set its FY 2025 guidance at 12.200-12.450 EPS.

A number of other equities analysts have also recently issued reports on LOW. Robert W. Baird lifted their target price on shares of Lowe’s Companies from $285.00 to $295.00 and gave the stock an “outperform” rating in a research report on Thursday. Mizuho reissued an “outperform” rating and issued a $280.00 target price on shares of Lowe’s Companies in a research report on Friday, June 13th. Barclays raised their target price on shares of Lowe’s Companies from $245.00 to $277.00 and gave the stock an “equal weight” rating in a research report on Thursday. Piper Sandler raised their price target on shares of Lowe’s Companies from $269.00 to $294.00 and gave the company an “overweight” rating in a report on Thursday. Finally, Royal Bank Of Canada increased their price objective on shares of Lowe’s Companies from $243.00 to $260.00 and gave the company a “sector perform” rating in a research report on Thursday. Sixteen equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Lowe’s Companies has an average rating of “Moderate Buy” and a consensus target price of $284.33.

Lowe’s Companies Stock Down 0.5%

Shares of Lowe’s Companies stock opened at $255.8520 on Friday. Lowe’s Companies has a 52-week low of $206.38 and a 52-week high of $287.01. The company’s 50-day simple moving average is $229.15 and its 200-day simple moving average is $230.35. The firm has a market cap of $143.39 billion, a price-to-earnings ratio of 21.02, a price-to-earnings-growth ratio of 2.43 and a beta of 0.89.

Lowe’s Companies Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Stockholders of record on Wednesday, July 23rd were issued a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.9%. This is a positive change from Lowe’s Companies’s previous quarterly dividend of $1.15. The ex-dividend date of this dividend was Wednesday, July 23rd. Lowe’s Companies’s dividend payout ratio is 39.77%.

Insiders Place Their Bets

In other news, EVP Juliette Williams Pryor sold 1,130 shares of the firm’s stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $227.50, for a total transaction of $257,075.00. Following the transaction, the executive vice president directly owned 31,898 shares of the company’s stock, valued at approximately $7,256,795. This trade represents a 3.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Marvin R. Ellison sold 40,000 shares of the firm’s stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $264.10, for a total value of $10,564,000.00. Following the transaction, the chief executive officer directly owned 249,043 shares in the company, valued at $65,772,256.30. This trade represents a 13.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.27% of the stock is currently owned by company insiders.

Institutional Trading of Lowe’s Companies

Hedge funds and other institutional investors have recently modified their holdings of the company. State of Alaska Department of Revenue raised its stake in shares of Lowe’s Companies by 1.2% in the 1st quarter. State of Alaska Department of Revenue now owns 125,299 shares of the home improvement retailer’s stock worth $29,223,000 after buying an additional 1,470 shares in the last quarter. Aptus Capital Advisors LLC raised its stake in shares of Lowe’s Companies by 14.0% in the 4th quarter. Aptus Capital Advisors LLC now owns 106,305 shares of the home improvement retailer’s stock worth $26,236,000 after buying an additional 13,092 shares in the last quarter. Larson Financial Group LLC raised its stake in shares of Lowe’s Companies by 8.1% in the 1st quarter. Larson Financial Group LLC now owns 16,551 shares of the home improvement retailer’s stock worth $3,860,000 after buying an additional 1,242 shares in the last quarter. Northern Trust Corp raised its stake in shares of Lowe’s Companies by 16.3% in the 4th quarter. Northern Trust Corp now owns 7,074,391 shares of the home improvement retailer’s stock worth $1,745,960,000 after buying an additional 993,833 shares in the last quarter. Finally, Advent Capital Management DE raised its stake in shares of Lowe’s Companies by 20.0% in the 1st quarter. Advent Capital Management DE now owns 18,000 shares of the home improvement retailer’s stock worth $4,198,000 after buying an additional 3,000 shares in the last quarter. Institutional investors own 74.06% of the company’s stock.

Lowe’s Companies Company Profile

Lowe’s Companies, Inc, together with its subsidiaries, operates as a home improvement retailer in the United States. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It also provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, and electrical.