Natixis Advisors LLC Increases Stock Position in Lowe’s Companies, Inc. $LOW

Natixis Advisors LLC boosted its stake in Lowe’s Companies, Inc. (NYSE:LOW) by 3.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 630,956 shares of the home improvement retailer’s stock after acquiring an additional 21,119 shares during the period. Natixis Advisors LLC’s holdings in Lowe’s Companies were worth $152,161,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Heritage Trust Co lifted its position in Lowe’s Companies by 1.5% in the fourth quarter. Heritage Trust Co now owns 9,114 shares of the home improvement retailer’s stock valued at $2,198,000 after acquiring an additional 132 shares during the last quarter. Beto Financial Group LLC purchased a new stake in Lowe’s Companies in the fourth quarter valued at $453,000. Root Financial Partners LLC lifted its position in Lowe’s Companies by 2.6% in the fourth quarter. Root Financial Partners LLC now owns 1,636 shares of the home improvement retailer’s stock valued at $395,000 after acquiring an additional 41 shares during the last quarter. BW Gestao de Investimentos Ltda. lifted its position in Lowe’s Companies by 826.4% in the fourth quarter. BW Gestao de Investimentos Ltda. now owns 29,783 shares of the home improvement retailer’s stock valued at $7,182,000 after acquiring an additional 26,568 shares during the last quarter. Finally, COFG Advisors LLC purchased a new stake in Lowe’s Companies in the fourth quarter valued at $514,000. 74.06% of the stock is owned by hedge funds and other institutional investors.

Lowe’s Companies Stock Down 3.1%

NYSE LOW opened at $207.62 on Tuesday. The stock has a market capitalization of $116.41 billion, a P/E ratio of 17.55, a P/E/G ratio of 2.70 and a beta of 0.87. Lowe’s Companies, Inc. has a 52-week low of $207.55 and a 52-week high of $293.06. The firm has a 50-day moving average price of $232.06 and a 200 day moving average price of $247.26.

Lowe’s Companies (NYSE:LOW) last issued its earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share for the quarter, topping the consensus estimate 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 company had revenue of $23.08 billion for the quarter, compared to analyst estimates of $22.98 billion. During the same period in the prior year, the business posted $2.92 earnings per share. The firm’s revenue for the quarter was up 10.3% compared to the same quarter last year. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. On average, equities research analysts expect that Lowe’s Companies, Inc. will post 12.5 earnings per share for the current fiscal year.

Lowe’s Companies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 5th. Shareholders 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 is an increase from Lowe’s Companies’s previous quarterly dividend of $1.20. This represents a $5.00 annualized dividend and a yield of 2.4%. Lowe’s Companies’s dividend payout ratio (DPR) is currently 40.57%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on LOW. KeyCorp reduced their price target on shares of Lowe’s Companies from $300.00 to $275.00 and set an “overweight” rating for the company in a research report on Thursday, May 21st. Citigroup upgraded shares of Lowe’s Companies from a “neutral” rating to a “buy” rating and set a $285.00 price target for the company in a research report on Tuesday, May 12th. Sanford C. Bernstein reduced their price target on shares of Lowe’s Companies from $303.00 to $281.00 and set an “outperform” rating for the company in a research report on Thursday, May 14th. Rothschild & Co Redburn upped their target price on shares of Lowe’s Companies from $280.00 to $290.00 and gave the company a “buy” rating in a report on Thursday, February 26th. Finally, The Goldman Sachs Group reduced their target price 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. Twenty-three equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $264.57.

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.