Great Lakes Advisors LLC Makes New Investment in Lowe’s Companies, Inc. $LOW

Great Lakes Advisors LLC purchased a new stake in Lowe’s Companies, Inc. (NYSE:LOW) in the second quarter, HoldingsChannel reports. The firm purchased 32,847 shares of the home improvement retailer’s stock, valued at approximately $7,243,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Swiss RE Ltd. acquired a new stake in Lowe’s Companies in the 4th quarter valued at about $25,000. Wilkerson Advisory Group LLC purchased a new position in Lowe’s Companies during the 4th quarter valued at about $27,000. Sankala Group LLC acquired a new position in Lowe’s Companies during the fourth quarter worth about $33,000. Triumph Capital Management acquired a new position in Lowe’s Companies during the third quarter worth about $34,000. Finally, Ares Financial Consulting LLC purchased a new stake in shares of Lowe’s Companies in the fourth quarter valued at about $36,000. Institutional investors and hedge funds own 74.06% of the company’s stock.

Insider Buying and Selling at Lowe’s Companies

In other Lowe’s Companies news, EVP Margrethe R. Vagell sold 2,500 shares of the 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 transaction, the executive vice president owned 20,220 shares of the company’s stock, valued at $4,525,842.60. This represents a 11.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Juliette Williams Pryor sold 9,330 shares of the firm’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $224.81, for a total value of $2,097,477.30. Following the sale, the executive vice president owned 16,142 shares in the company, valued at $3,628,883.02. This trade represents a 36.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 25,980 shares of company stock worth $5,796,937. Insiders own 0.29% of the company’s stock.

Lowe’s Companies News Roundup

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

• Positive Sentiment: Adjusted EPS beat estimates by $0.18, and quarterly revenue still grew meaningfully year over year. Analysts characterized comparable sales as better than feared, while the stock’s roughly 2.3% dividend yield and depressed valuation may attract value-oriented investors. Lowe’s Q2 earnings beat analysis
• Positive Sentiment: DA Davidson reaffirmed its neutral rating but set a $245 price target, implying potential upside from recent trading levels. Longer term, investors continue to view Lowe’s acquisitions and its Total Home strategy as potential beneficiaries if housing activity and renovation demand recover. DA Davidson rating update
• Neutral Sentiment: Elevated mortgage rates are encouraging homeowners to maintain existing properties rather than move, but they are also discouraging large renovation projects. This supports smaller maintenance purchases while limiting higher-value DIY demand. Home improvement maintenance economy
• Negative Sentiment: Lowe’s lagged Home Depot’s stronger comparable-sales momentum, raising concerns about market-share loss and an unfavorable product mix rather than merely an industry-wide slowdown. The lower full-year outlook reinforces expectations for pressure through the second half. Lowe’s and Home Depot comparison

Analyst Ratings Changes

Several research firms have recently commented on LOW. TD Cowen lowered their price target on shares of Lowe’s Companies from $280.00 to $235.00 and set a “hold” rating on the stock in a research report on Thursday, May 21st. Citigroup reduced their target price on Lowe’s Companies from $285.00 to $267.00 and set a “buy” rating on the stock in a research note on Thursday, August 13th. Gordon Haskett lowered their target price on Lowe’s Companies from $280.00 to $250.00 and set a “buy” rating on the stock in a report on Thursday, May 21st. Telsey Advisory Group dropped their price target on Lowe’s Companies from $295.00 to $280.00 and set an “outperform” rating for the company in a research report on Thursday, May 21st. Finally, William Blair initiated coverage on Lowe’s Companies in a research report on Tuesday, May 12th. They set an “overweight” rating for the company. Twenty-three analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $261.63.

Lowe’s Companies Price Performance

Shares of NYSE LOW opened at $220.74 on Thursday. The company has a market cap of $123.77 billion, a PE ratio of 18.66, a price-to-earnings-growth ratio of 2.76 and a beta of 0.86. Lowe’s Companies, Inc. has a 12 month low of $199.40 and a 12 month high of $293.06. The company has a 50-day simple moving average of $216.21 and a 200-day simple moving average of $233.46.

Lowe’s Companies (NYSE:LOW) last posted its quarterly earnings data on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share for the quarter, beating analysts’ consensus estimates of $4.22 by $0.18. The business had revenue of $25.96 billion during the quarter, compared to analyst estimates of $26.13 billion. Lowe’s Companies had a net margin of 7.51% and a negative return on equity of 67.96%. The company’s revenue was up 8.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $4.33 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. On average, analysts anticipate that Lowe’s Companies, Inc. will post 12.43 EPS for the current year.

Lowe’s Companies Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Wednesday, July 22nd were issued a $1.25 dividend. This is a boost from Lowe’s Companies’s previous quarterly dividend of $1.20. The ex-dividend date was Wednesday, July 22nd. This represents a $5.00 annualized dividend and a yield of 2.3%. Lowe’s Companies’s payout ratio is presently 42.27%.

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.