Jefferies Financial Group Inc. Sells 31,587 Shares of Lowe’s Companies, Inc. $LOW

Jefferies Financial Group Inc. trimmed its holdings in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 56.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,665 shares of the home improvement retailer’s stock after selling 31,587 shares during the period. Jefferies Financial Group Inc.’s holdings in Lowe’s Companies were worth $5,948,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Activest Wealth Management raised its stake in shares of Lowe’s Companies by 78.5% during the 3rd quarter. Activest Wealth Management now owns 116 shares of the home improvement retailer’s stock worth $29,000 after purchasing an additional 51 shares during the period. United Financial Planning Group LLC bought a new stake in shares of Lowe’s Companies during the 3rd quarter worth $31,000. OLD Second National Bank of Aurora raised its stake in shares of Lowe’s Companies by 52.5% during the 4th quarter. OLD Second National Bank of Aurora now owns 122 shares of the home improvement retailer’s stock worth $29,000 after purchasing an additional 42 shares during the period. Triumph Capital Management bought a new stake in Lowe’s Companies in the 3rd quarter valued at about $34,000. Finally, Guerra Advisors Inc bought a new stake in Lowe’s Companies in the 3rd quarter valued at about $35,000. 74.06% of the stock is currently owned by institutional investors.

Lowe’s Companies Stock Up 0.1%

LOW stock opened at $215.29 on Tuesday. The firm has a market capitalization of $120.57 billion, a PE ratio of 18.20, a PEG ratio of 4.14 and a beta of 0.91. Lowe’s Companies, Inc. has a twelve month low of $208.00 and a twelve month high of $293.06. The stock has a 50-day simple moving average of $234.28 and a two-hundred day simple moving average of $247.95.

Lowe’s Companies (NYSE:LOW) last issued its quarterly earnings data on Wednesday, May 20th. The home improvement retailer reported $3.03 EPS for the quarter, topping the consensus estimate of $2.97 by $0.06. Lowe’s Companies had a negative return on equity of 67.96% and a net margin of 7.51%.The company had revenue of $23.08 billion during the quarter, compared to analyst estimates of $22.98 billion. During the same quarter in the previous year, the firm earned $2.92 earnings per share. Lowe’s Companies’s 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. On average, equities research analysts anticipate that Lowe’s Companies, Inc. will post 12.52 EPS for the current fiscal year.

Lowe’s Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Wednesday, April 22nd were issued a dividend of $1.20 per share. The ex-dividend date of this dividend was Wednesday, April 22nd. This represents a $4.80 annualized dividend and a dividend yield of 2.2%. Lowe’s Companies’s payout ratio is presently 40.57%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. Piper Sandler lowered their price objective on Lowe’s Companies from $300.00 to $276.00 and set an “overweight” rating on the stock in a research note on Thursday, May 21st. Royal Bank Of Canada lowered their price objective on Lowe’s Companies from $264.00 to $232.00 and set a “sector perform” rating on the stock in a research note on Thursday. UBS Group lowered their price objective on Lowe’s Companies from $315.00 to $285.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. William Blair assumed coverage on Lowe’s Companies in a research note on Tuesday, May 12th. They issued an “overweight” rating on the stock. Finally, Stifel Nicolaus lowered their price objective on Lowe’s Companies from $270.00 to $220.00 and set a “hold” rating on the stock in a research note on Monday, May 18th. Twenty-three research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $264.57.

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.