Oppenheimer & Co. Inc. Lowers Position in Lowe’s Companies, Inc. $LOW

Oppenheimer & Co. Inc. decreased its holdings in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 6.9% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 86,443 shares of the home improvement retailer’s stock after selling 6,422 shares during the period. Oppenheimer & Co. Inc.’s holdings in Lowe’s Companies were worth $19,060,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in LOW. Swiss RE Ltd. purchased a new stake in shares of Lowe’s Companies in the 4th quarter valued at about $25,000. Wilkerson Advisory Group LLC purchased a new position in shares of Lowe’s Companies during the fourth quarter worth about $27,000. OLD Second National Bank of Aurora grew its holdings in shares of Lowe’s Companies by 52.5% during the fourth 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 in the last quarter. Sankala Group LLC bought a new position in shares of Lowe’s Companies in the fourth quarter worth approximately $33,000. Finally, Triumph Capital Management bought a new position in shares of Lowe’s Companies in the third quarter worth approximately $34,000. 74.06% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Lowe’s Companies news, EVP Janice Dupre sold 14,150 shares of the business’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 completion of the sale, the executive vice president directly owned 39,785 shares of the company’s stock, valued at $8,828,291.50. The trade was a 26.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Margrethe R. Vagell sold 2,500 shares of the business’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $223.83, for a total transaction of $559,575.00. Following the completion of the sale, the executive vice president directly owned 20,220 shares of the company’s stock, valued at $4,525,842.60. This represents a 11.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 25,980 shares of company stock valued at $5,796,937. Corporate insiders own 0.29% of the company’s stock.

Lowe’s Companies Trading Down 0.0%

Shares of NYSE LOW opened at $218.19 on Friday. The stock’s 50-day moving average is $216.00 and its 200 day moving average is $234.87. The stock has a market cap of $122.34 billion, a price-to-earnings ratio of 18.44, a P/E/G ratio of 2.79 and a beta of 0.86. Lowe’s Companies, Inc. has a 1-year low of $199.40 and a 1-year 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 earnings per share (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 business had revenue of $23.08 billion during the quarter, compared to analyst estimates of $22.98 billion. During the same quarter in the prior year, the firm earned $2.92 earnings per share. Lowe’s Companies’s revenue for the quarter 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, analysts forecast that Lowe’s Companies, Inc. will post 12.44 EPS for the current fiscal year.

Lowe’s Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Wednesday, July 22nd were paid a $1.25 dividend. This is a positive change from Lowe’s Companies’s previous quarterly dividend of $1.20. The ex-dividend date of this dividend was Wednesday, July 22nd. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.3%. Lowe’s Companies’s dividend payout ratio is currently 42.27%.

Lowe’s Companies News Summary

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

• Positive Sentiment: Lowe’s is described as trading at its lowest forward price-to-earnings multiple in more than two years. Its status as a Dividend King, along with a recent dividend increase, strengthens the long-term income-investment case. 1 Number That Makes Lowe’s Stock an Obvious Buy Before Aug. 19
• Positive Sentiment: Several analysts remain moderately optimistic despite the recent underperformance. Citigroup retained a “buy” rating while lowering its price target to $267 from $285, and Wells Fargo’s reduced target of $245 still implies meaningful upside from recent levels. Citigroup Lowe’s Price Target Update
• Positive Sentiment: Investor articles argue that a series of downward Q2 EPS estimate revisions may have lowered expectations and created the potential for a favorable earnings surprise. The longer-term bull case remains tied to Lowe’s brand strength, home-improvement demand and operating potential. Lowe’s Q2 EPS Revisions
• Neutral Sentiment: Wall Street projections for the quarter ended July 2026 are focusing on key operating metrics beyond revenue and EPS. The Aug. 19 report is the next major catalyst and could determine the near-term direction of the shares. Insights Into Lowe’s Q2 Wall Street Projections
• Neutral Sentiment: Lowe’s has completed a five-year, $100 million hometown revitalization commitment and announced additional community investments. These efforts may support brand reputation but are unlikely to materially affect near-term earnings. Is Lowe’s Companies Undervalued As Its Earnings Call Nears?
• Negative Sentiment: Royal Bank of Canada lowered its expectations for Lowe’s, adding to concerns about near-term performance ahead of earnings. The company also faces elevated expectations around its upcoming results despite recent estimate reductions. Royal Bank of Canada Lowe’s Expectations

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on LOW shares. Jefferies Financial Group lowered their target price on shares of Lowe’s Companies from $305.00 to $278.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. Sanford C. Bernstein decreased their price target on shares of Lowe’s Companies from $303.00 to $281.00 and set an “outperform” rating on the stock in a report on Thursday, May 14th. Oppenheimer decreased their price target on shares of Lowe’s Companies from $315.00 to $275.00 and set an “outperform” rating on the stock in a report on Monday, May 18th. Benchmark began coverage on shares of Lowe’s Companies in a research report on Tuesday, May 12th. They set a “hold” rating on the stock. Finally, Raymond James Financial downgraded shares of Lowe’s Companies from a “market perform” rating to a “market perform” rating in a report on Tuesday, May 12th. Twenty-three equities research 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $262.63.

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.