CENTRAL TRUST Co Has $5.25 Million Stock Position in Lowe’s Companies, Inc. $LOW

CENTRAL TRUST Co cut its stake in Lowe’s Companies, Inc. (NYSE:LOW) by 11.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,201 shares of the home improvement retailer’s stock after selling 2,945 shares during the period. CENTRAL TRUST Co’s holdings in Lowe’s Companies were worth $5,246,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in shares of Lowe’s Companies by 119.7% in the 4th quarter. Brighton Jones LLC now owns 31,965 shares of the home improvement retailer’s stock valued at $7,889,000 after purchasing an additional 17,413 shares during the last quarter. Revolve Wealth Partners LLC increased its position in shares of Lowe’s Companies by 31.6% during the fourth quarter. Revolve Wealth Partners LLC now owns 1,078 shares of the home improvement retailer’s stock worth $266,000 after buying an additional 259 shares during the period. Sivia Capital Partners LLC raised its stake in Lowe’s Companies by 22.3% during the second quarter. Sivia Capital Partners LLC now owns 1,534 shares of the home improvement retailer’s stock worth $340,000 after buying an additional 280 shares during the last quarter. United Bank raised its stake in Lowe’s Companies by 1.3% during the second quarter. United Bank now owns 12,124 shares of the home improvement retailer’s stock worth $2,690,000 after buying an additional 155 shares during the last quarter. Finally, Schnieders Capital Management LLC. lifted its holdings in Lowe’s Companies by 13.1% in the second quarter. Schnieders Capital Management LLC. now owns 2,378 shares of the home improvement retailer’s stock valued at $528,000 after buying an additional 275 shares during the period. Institutional investors and hedge funds own 74.06% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on LOW. JPMorgan Chase & Co. decreased their price target on Lowe’s Companies from $325.00 to $279.00 and set an “overweight” rating for the company in a report on Thursday, May 21st. Raymond James Financial downgraded Lowe’s Companies from a “market perform” rating to a “market perform” rating in a research note on Tuesday, May 12th. KeyCorp decreased their target price on Lowe’s Companies from $300.00 to $275.00 and set an “overweight” rating for the company in a research note on Thursday, May 21st. KGI Securities began coverage on Lowe’s Companies in a report on Tuesday, March 10th. They issued a “neutral” rating and a $255.00 target price for the company. Finally, BNP Paribas Exane dropped their price target on Lowe’s Companies from $228.00 to $202.00 and set an “underperform” rating on the stock in a research note on Thursday, May 21st. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $264.57.

Lowe’s Companies Trading Down 0.2%

LOW opened at $213.96 on Wednesday. The company has a fifty day moving average price of $225.74 and a two-hundred day moving average price of $245.08. Lowe’s Companies, Inc. has a 1-year low of $203.40 and a 1-year high of $293.06. The company has a market cap of $119.97 billion, a P/E ratio of 18.09, a price-to-earnings-growth ratio of 2.71 and a beta of 0.86.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings data on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.97 by $0.06. The company had revenue of $23.08 billion for 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 was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.92 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. On average, research analysts forecast that Lowe’s Companies, Inc. will post 12.48 EPS for the current fiscal year.

Lowe’s Companies Increases Dividend

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

More Lowe’s Companies News

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

• Positive Sentiment: Lowe’s launched Creator: Into the Blue, a new program that lets creators pitch product ideas for possible retail distribution, supporting brand engagement and potentially opening a new product pipeline. Lowe’s is Calling on Creators to Help Design and Launch New Products
• Positive Sentiment: The company also expanded its MyLowe’s Rewards program through a partnership with Live Nation, which could help deepen customer loyalty and improve engagement beyond the store. Is Lowe’s (LOW) Entertainment-Focused Loyalty Push a New Edge in Customer Engagement?
• Neutral Sentiment: Investor attention remains high on Lowe’s after several articles compared it with Home Depot and highlighted its role in the housing recovery trade, keeping the stock in focus but not changing the core outlook. Lowe’s Companies, Inc. (LOW) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Lowe’s drew added scrutiny after an executive disclosed a stock sale, but the transaction was relatively small and does not by itself signal a major change in fundamentals. Lowe’s Companies (NYSE:LOW) EVP Margrethe Vagell Sells 2,500 Shares of Stock
• Negative Sentiment: Recent commentary on Lowe’s noted that housing and macro pressures are still weighing on sentiment, and a prior selloff after the Fed held rates steady suggests investors remain cautious about demand trends. Why Home Depot and Lowe’s Fell After the Fed Held Interest Rates Steady.

Insider Buying and Selling at Lowe’s Companies

In other Lowe’s Companies news, EVP Janice Dupre sold 14,150 shares of the firm’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $221.90, for a total value of $3,139,885.00. Following the transaction, the executive vice president directly owned 39,785 shares of the company’s stock, valued at approximately $8,828,291.50. This trade represents a 26.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Margrethe R. Vagell sold 2,500 shares of Lowe’s Companies stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $223.83, for a total value of $559,575.00. Following the transaction, the executive vice president owned 20,220 shares of the company’s stock, valued at $4,525,842.60. This trade represents a 11.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 25,980 shares of company stock valued at $5,796,937. Corporate insiders own 0.29% of the company’s stock.

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.