Savant Capital LLC Sells 2,509 Shares of Lowe’s Companies, Inc. $LOW

Savant Capital LLC decreased its stake in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 11.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 18,854 shares of the home improvement retailer’s stock after selling 2,509 shares during the period. Savant Capital LLC’s holdings in Lowe’s Companies were worth $4,547,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. OLD Second National Bank of Aurora boosted its holdings in 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 valued at $29,000 after purchasing an additional 42 shares during the period. United Financial Planning Group LLC bought a new stake in Lowe’s Companies in the 3rd quarter valued at about $31,000. Triumph Capital Management bought a new stake in Lowe’s Companies in the 3rd quarter valued at about $34,000. Guerra Advisors Inc bought a new stake in Lowe’s Companies in the 3rd quarter valued at about $35,000. Finally, Financial Life Planners bought a new stake in Lowe’s Companies in the 3rd quarter valued at about $36,000. Institutional investors own 74.06% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have issued reports on LOW shares. KGI Securities started coverage on shares of Lowe’s Companies in a report on Tuesday, March 10th. They issued a “neutral” rating and a $255.00 price objective for the company. Stifel Nicolaus cut their price objective on shares of Lowe’s Companies from $270.00 to $220.00 and set a “hold” rating for the company in a report on Monday, May 18th. Guggenheim boosted their price objective on shares of Lowe’s Companies from $280.00 to $300.00 and gave the company a “buy” rating in a report on Thursday, February 26th. The Goldman Sachs Group cut their price objective on shares of Lowe’s Companies from $300.00 to $293.00 and set a “buy” rating for the company in a report on Thursday, May 21st. Finally, Benchmark initiated coverage on shares of Lowe’s Companies in a report on Tuesday, May 12th. They issued a “hold” rating for the company. Twenty-three analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $264.57.

Lowe’s Companies Trading Down 1.6%

Shares of NYSE:LOW opened at $214.45 on Friday. The firm has a 50 day moving average of $232.49 and a 200-day moving average of $247.36. The stock has a market capitalization of $120.11 billion, a PE ratio of 18.13, a PEG ratio of 2.70 and a beta of 0.91. Lowe’s Companies, Inc. has a 12 month low of $208.00 and a 12 month high of $293.06.

Lowe’s Companies (NYSE:LOW) last issued its earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 EPS for the quarter, beating the consensus estimate of $2.97 by $0.06. The company had revenue of $23.08 billion during the quarter, compared to analysts’ expectations of $22.98 billion. Lowe’s Companies had a net margin of 7.51% and a negative return on equity of 67.96%. The business’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same period in the previous year, the company earned $2.92 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. On average, research analysts predict that Lowe’s Companies, Inc. will post 12.5 EPS for the current fiscal year.

Lowe’s Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 5th. Investors of record on Wednesday, July 22nd will be given a dividend of $1.25 per share. The ex-dividend date is Wednesday, July 22nd. This represents a $5.00 dividend on an annualized basis and a yield of 2.3%. This is a positive change from Lowe’s Companies’s previous quarterly dividend of $1.20. Lowe’s Companies’s dividend payout ratio is currently 40.57%.

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.