Sanford C. Bernstein Cuts Lowe’s Companies (NYSE:LOW) Price Target to $281.00

Lowe’s Companies (NYSE:LOW) had its price objective reduced by Sanford C. Bernstein from $303.00 to $281.00 in a research report released on Thursday,Benzinga reports. They currently have an outperform rating on the home improvement retailer’s stock.

Several other equities analysts have also issued reports on LOW. Argus boosted their price target on Lowe’s Companies from $286.00 to $288.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. Royal Bank Of Canada lowered Lowe’s Companies from a “sector perform” rating to a “sector perform” rating in a research note on Tuesday. Rothschild & Co Redburn boosted their price target on Lowe’s Companies from $280.00 to $290.00 and gave the company a “buy” rating in a research note on Thursday, February 26th. BTIG Research lowered Lowe’s Companies to a “reduce” rating in a research note on Tuesday. Finally, William Blair started coverage on Lowe’s Companies in a research note on Tuesday. They set an “overweight” rating on the stock. Twenty-two research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $286.17.

Lowe’s Companies Stock Performance

Lowe’s Companies stock opened at $218.54 on Thursday. The business’s 50-day simple moving average is $238.04 and its 200-day simple moving average is $248.82. The firm has a market capitalization of $122.39 billion, a PE ratio of 18.44, a PEG ratio of 4.18 and a beta of 0.91. Lowe’s Companies has a 52 week low of $210.33 and a 52 week high of $293.06.

Lowe’s Companies (NYSE:LOW) last posted its quarterly earnings data on Wednesday, February 25th. The home improvement retailer reported $1.98 EPS for the quarter, topping analysts’ consensus estimates of $1.94 by $0.04. The business had revenue of $20.59 billion for the quarter, compared to analyst estimates of $20.34 billion. Lowe’s Companies had a negative return on equity of 61.40% and a net margin of 7.71%.The firm’s revenue for the quarter was up 10.9% on a year-over-year basis. During the same period in the previous year, the company posted $1.93 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. Research analysts forecast that Lowe’s Companies will post 12.61 earnings per share for the current year.

Lowe’s Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Wednesday, April 22nd were paid a $1.20 dividend. This represents a $4.80 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Wednesday, April 22nd. Lowe’s Companies’s dividend payout ratio is currently 40.51%.

Institutional Investors Weigh In On Lowe’s Companies

Several large investors have recently modified their holdings of LOW. Swiss RE Ltd. bought a new stake in shares of Lowe’s Companies in the 4th quarter valued at approximately $25,000. Wilkerson Advisory Group LLC acquired a new position in shares of Lowe’s Companies in the 4th quarter worth approximately $27,000. Activest Wealth Management boosted its holdings in shares of Lowe’s Companies by 78.5% in the 3rd quarter. Activest Wealth Management now owns 116 shares of the home improvement retailer’s stock worth $29,000 after acquiring an additional 51 shares in the last quarter. OLD Second National Bank of Aurora boosted its holdings in shares of Lowe’s Companies by 52.5% in the 4th quarter. OLD Second National Bank of Aurora now owns 122 shares of the home improvement retailer’s stock worth $29,000 after acquiring an additional 42 shares in the last quarter. Finally, United Financial Planning Group LLC acquired a new position in shares of Lowe’s Companies in the 3rd quarter worth approximately $31,000. 74.06% of the stock is currently owned by institutional investors.

Key Stories Impacting Lowe’s Companies

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

• Positive Sentiment: Analyst commentary remains constructive overall, with Truist and Sanford C. Bernstein both maintaining bullish ratings on Lowe’s while trimming price targets, suggesting Wall Street still sees upside from current levels. Read More
• Positive Sentiment: Investors are looking ahead to Lowe’s Q1 earnings, where Wall Street expects detailed metrics and guidance to help confirm whether recent weakness is temporary or reflects a softer home-improvement demand backdrop. Article Title
• Neutral Sentiment: Lowe’s launched a new “Epically More Messi” marketing campaign tied to loyalty members and the upcoming soccer event, which could support engagement and brand visibility but is not likely a major near-term earnings driver. Article Title
• Neutral Sentiment: Recent articles highlight Lowe’s long-term stock performance and label it a depressed or growth-worthy stock, reinforcing valuation appeal more than changing the near-term operating outlook. Article Title
• Negative Sentiment: The stock has been weighed by recent price-target cuts from multiple firms, including Sanford C. Bernstein and Truist, which signal some caution around the pace of recovery even though ratings remain positive. Article Title
• Negative Sentiment: Broader retail and housing-related concerns remain a headwind, with coverage noting pressure from a softer housing market and shopper sensitivity to retail-theft-related measures in stores. Article Title

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.