Wealthcare Advisory Partners LLC lowered its holdings in Lowe’s Companies, Inc. (NYSE:LOW – Free Report) by 8.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 27,240 shares of the home improvement retailer’s stock after selling 2,671 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Lowe’s Companies were worth $6,006,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also bought and sold shares of LOW. Brighton Jones LLC boosted its stake in Lowe’s Companies by 119.7% during the 4th quarter. Brighton Jones LLC now owns 31,965 shares of the home improvement retailer’s stock valued at $7,889,000 after purchasing an additional 17,413 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of Lowe’s Companies by 31.6% in the fourth quarter. Revolve Wealth Partners LLC now owns 1,078 shares of the home improvement retailer’s stock valued at $266,000 after purchasing an additional 259 shares in the last quarter. Sivia Capital Partners LLC lifted its holdings in shares of Lowe’s Companies by 22.3% in the second quarter. Sivia Capital Partners LLC now owns 1,534 shares of the home improvement retailer’s stock valued at $340,000 after purchasing an additional 280 shares in the last quarter. United Bank boosted its position in shares of Lowe’s Companies by 1.3% during the second quarter. United Bank now owns 12,124 shares of the home improvement retailer’s stock valued at $2,690,000 after buying an additional 155 shares during the last quarter. Finally, Schnieders Capital Management LLC. boosted its position in shares of Lowe’s Companies by 13.1% during the second quarter. Schnieders Capital Management LLC. now owns 2,378 shares of the home improvement retailer’s stock valued at $528,000 after buying an additional 275 shares during the last quarter. Institutional investors own 74.06% of the company’s stock.
Analyst Ratings Changes
LOW has been the subject of several recent research reports. The Goldman Sachs Group decreased their price target on Lowe’s Companies from $300.00 to $293.00 and set a “buy” rating for the company in a report on Thursday, May 21st. BTIG Research cut Lowe’s Companies to a “reduce” rating in a research note on Tuesday, May 12th. UBS Group cut their price objective on shares of Lowe’s Companies from $315.00 to $285.00 and set a “buy” rating on the stock in a report on Thursday, May 21st. Jefferies Financial Group dropped their price target on shares of Lowe’s Companies from $305.00 to $278.00 and set a “buy” rating on the stock in a research report on Thursday, May 21st. Finally, KeyCorp cut their price target on shares of Lowe’s Companies from $300.00 to $275.00 and set an “overweight” rating on the stock in a report on Thursday, May 21st. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $263.33.
Insiders Place Their Bets
In other Lowe’s Companies news, EVP Juliette Williams Pryor sold 9,330 shares of the firm’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $224.81, for a total value of $2,097,477.30. Following the completion of the sale, the executive vice president directly owned 16,142 shares of the company’s stock, valued at $3,628,883.02. This trade represents a 36.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Janice Dupre sold 14,150 shares of the business’s stock in a transaction 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 sale, the executive vice president 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 25,980 shares of company stock valued at $5,796,937 over the last ninety days. 0.29% of the stock is currently owned by insiders.
Lowe’s Companies Stock Performance
NYSE LOW opened at $220.74 on Wednesday. The company has a market capitalization of $123.77 billion, a PE ratio of 18.66, a price-to-earnings-growth ratio of 2.77 and a beta of 0.86. Lowe’s Companies, Inc. has a 52-week low of $199.40 and a 52-week high of $293.06. The company has a 50-day simple moving average of $215.49 and a 200 day simple moving average of $235.81.
Lowe’s Companies (NYSE:LOW – Get Free Report) last released its earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share for the quarter, beating analysts’ consensus estimates of $2.97 by $0.06. Lowe’s Companies had a net margin of 7.51% and a negative return on equity of 67.96%. The firm had revenue of $23.08 billion for the quarter, compared to analysts’ expectations of $22.98 billion. During the same period in the previous year, the company earned $2.92 earnings per share. The company’s quarterly revenue was up 10.3% on a year-over-year basis. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. As a group, analysts forecast that Lowe’s Companies, Inc. will post 12.46 EPS for the current fiscal year.
Lowe’s Companies Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Wednesday, July 22nd were issued a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of 2.3%. 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. Lowe’s Companies’s dividend payout ratio is currently 42.27%.
Key Stories Impacting Lowe’s Companies
Here are the key news stories impacting Lowe’s Companies this week:
- Positive Sentiment: Wells Fargo remains bullish despite a lower target. The firm reduced its price target from $255 to $245 but maintained an “overweight” rating, implying approximately 11% upside from the referenced $220.74 level. The target cut signals more cautious expectations, while the continued bullish rating provides support for LOW. Benzinga analyst note
- Positive Sentiment: Lowe’s announced $20 million in community investments. The company will provide $10 million in grants for 100 large-scale nonprofit and community renovation projects and another $10 million for more than 2,000 associate-led projects. The spending fulfills part of Lowe’s $100 million “big dream” renovation commitment and could strengthen brand reputation and local customer relationships, although the direct earnings impact is likely limited. Lowe’s community investment announcement
- Neutral Sentiment: A former Lowe’s executive is joining Target as its first chief AI officer. Chandhu Nair will leave Lowe’s for Target on August 24. The move highlights the competitive importance of artificial intelligence and digital customer experience, but there is no reported change to Lowe’s strategy or financial outlook. Target names first chief AI officer
- Negative Sentiment: Analysts see Home Depot benefiting more from professional demand than Lowe’s in the second quarter. Bank of America’s view suggests Lowe’s may be comparatively disadvantaged because of its lower exposure to professional contractors, an important customer group during a challenging macroeconomic environment. Home Depot professional demand analysis
- Negative Sentiment: Recent trading and options activity point to elevated uncertainty. LOW declined more than the broader market in the prior session, while implied volatility in its options increased. The stock also remains below its 200-day moving average, suggesting continued investor caution even as some analysts view Lowe’s as a potentially attractive alternative to Home Depot.
Lowe’s Companies 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.
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