Lowe’s Companies (NYSE:LOW) Given New $280.00 Price Target at TD Cowen

Lowe’s Companies (NYSE:LOW) had its price target dropped by stock analysts at TD Cowen from $295.00 to $280.00 in a research report issued on Thursday,Benzinga reports. The firm presently has a “hold” rating on the home improvement retailer’s stock. TD Cowen’s price objective points to a potential upside of 5.76% from the company’s previous close.

LOW has been the topic of several other research reports. Truist Financial cut their price target on Lowe’s Companies from $295.00 to $293.00 and set a “buy” rating on the stock in a report on Thursday. Robert W. Baird lifted their target price on shares of Lowe’s Companies from $290.00 to $320.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 17th. Argus reduced their price objective on shares of Lowe’s Companies from $290.00 to $286.00 and set a “buy” rating for the company in a research note on Tuesday, December 2nd. UBS Group cut their price target on shares of Lowe’s Companies from $325.00 to $316.00 and set a “buy” rating for the company in a research note on Thursday, November 20th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Lowe’s Companies in a research report on Monday, December 29th. Twenty-one research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $290.89.

Lowe’s Companies Stock Up 0.7%

Shares of LOW traded up $1.73 during mid-day trading on Thursday, hitting $264.75. 1,414,033 shares of the company’s stock were exchanged, compared to its average volume of 2,895,064. The stock’s 50-day simple moving average is $266.08 and its 200-day simple moving average is $254.23. Lowe’s Companies has a 52 week low of $206.38 and a 52 week high of $293.06. The firm has a market cap of $148.51 billion, a price-to-earnings ratio of 21.93, a price-to-earnings-growth ratio of 4.34 and a beta of 0.97.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings results on Wednesday, February 25th. The home improvement retailer reported $1.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.94 by $0.04. The company had revenue of $20.58 billion during the quarter, compared to the consensus estimate of $20.34 billion. Lowe’s Companies had a net margin of 8.05% and a negative return on equity of 55.86%. The company’s revenue for the quarter was up 10.9% compared to the same quarter last year. During the same period in the prior year, the business earned $1.93 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. Analysts forecast that Lowe’s Companies will post 11.9 earnings per share for the current fiscal year.

Insider Activity

In related news, CEO Marvin R. Ellison sold 18,000 shares of the company’s stock in a transaction on Friday, January 9th. The stock was sold at an average price of $261.17, for a total transaction of $4,701,060.00. Following the completion of the sale, the chief executive officer owned 231,043 shares in the company, valued at approximately $60,341,500.31. This represents a 7.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.27% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Norges Bank purchased a new position in shares of Lowe’s Companies in the fourth quarter worth $1,993,697,000. Wellington Management Group LLP increased its position in Lowe’s Companies by 102.0% during the third quarter. Wellington Management Group LLP now owns 4,204,311 shares of the home improvement retailer’s stock valued at $1,056,585,000 after acquiring an additional 2,122,622 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its stake in Lowe’s Companies by 45.2% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 6,555,565 shares of the home improvement retailer’s stock worth $1,580,941,000 after purchasing an additional 2,039,343 shares during the last quarter. J. Stern & Co. LLP boosted its holdings in Lowe’s Companies by 7,814.9% during the 4th quarter. J. Stern & Co. LLP now owns 1,490,369 shares of the home improvement retailer’s stock valued at $359,417,000 after acquiring an additional 1,471,539 shares during the period. Finally, Victory Capital Management Inc. grew its holdings in shares of Lowe’s Companies by 207.2% in the third quarter. Victory Capital Management Inc. now owns 2,058,086 shares of the home improvement retailer’s stock worth $517,218,000 after purchasing an additional 1,388,133 shares during the last quarter. Hedge funds and other institutional investors own 74.06% of the company’s stock.

Lowe’s Companies News Roundup

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

• Positive Sentiment: Q4 results beat Street estimates — adjusted EPS $1.98 and revenue $20.58B (up 10.9% YoY), driven by Pro, online and home-services strength. This bolsters confidence that Lowe’s is executing despite housing headwinds. Lowe’s Q4 Earnings Show Resilience Despite Housing Slump
• Positive Sentiment: Broad analyst support: multiple firms raised or reaffirmed price targets (Goldman Sachs & Guggenheim to $300; Wells Fargo to $290; Rothschild/Redburn to $290; Telsey to $295; Piper Sandler overweight at $300), signaling continued buy-side conviction. Goldman Sachs adjusts Lowe’s price target to $300 Guggenheim adjusts Lowe’s price target to $300
• Neutral Sentiment: Lowe’s announced a strategic partnership with Affirm to offer flexible payments (0% APR eligible), which could boost conversion on higher-ticket items but will take time to show material revenue/credit impacts. Is Affirm (AFRM) Using Lowe’s Partnership To Deepen Moat
• Negative Sentiment: Management issued cautious FY2026 guidance (EPS guidance centered near consensus but conservative sales commentary) and warned the housing market remains pressured — that guidance drove an earlier sell-off and remains a near-term risk to sentiment. Lowe’s forecasts downbeat annual sales as customers defer big-ticket home remodels
• Negative Sentiment: Cost actions and workforce changes: Lowe’s is cutting ~600 corporate/support roles as it reshapes operations — a sign of margin discipline but also an acknowledgment of near-term revenue pressure. Lowe’s CEO publicly addresses 600 layoffs
• Negative Sentiment: Trading signals of caution: unusual put-option activity and third?party commentary (including a Forbes piece suggesting a sell) highlight that some traders view the stock as vulnerable to the uncertain macro outlook. Sell Lowe’s Stock At $260?

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.