Quantitative Investment Management LLC Buys Shares of 4,906 Lowe’s Companies, Inc. $LOW

Quantitative Investment Management LLC bought a new position in Lowe’s Companies, Inc. (NYSE:LOW) during the 2nd quarter, HoldingsChannel.com reports. The fund bought 4,906 shares of the home improvement retailer’s stock, valued at approximately $1,081,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Swiss RE Ltd. acquired a new position in Lowe’s Companies in the fourth quarter worth approximately $25,000. Wilkerson Advisory Group LLC acquired a new position in shares of Lowe’s Companies during the 4th quarter worth $27,000. Sankala Group LLC bought a new position in shares of Lowe’s Companies during the 4th quarter valued at $33,000. Triumph Capital Management bought a new position in shares of Lowe’s Companies during the 3rd quarter valued at $34,000. Finally, IAG Wealth Partners LLC lifted its stake in shares of Lowe’s Companies by 178.6% in the 1st quarter. IAG Wealth Partners LLC now owns 156 shares of the home improvement retailer’s stock valued at $37,000 after purchasing an additional 100 shares during the last quarter. 74.06% of the stock is owned by hedge funds and other institutional investors.

Lowe’s Companies Stock Down 2.3%

Shares of NYSE LOW opened at $200.08 on Wednesday. Lowe’s Companies, Inc. has a 12 month low of $199.39 and a 12 month high of $293.06. The company has a market cap of $112.25 billion, a P/E ratio of 16.91, a P/E/G ratio of 2.72 and a beta of 0.85. The business’s 50 day moving average is $214.63 and its two-hundred day moving average is $229.29.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings data on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.22 by $0.18. The business had revenue of $25.96 billion for the quarter, compared to the consensus estimate of $26.13 billion. Lowe’s Companies had a net margin of 7.34% and a negative return on equity of 75.67%. Lowe’s Companies’s quarterly revenue was up 8.3% on a year-over-year basis. During the same quarter last year, the company posted $4.33 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. Sell-side analysts expect that Lowe’s Companies, Inc. will post 12.26 earnings per share for the current fiscal year.

Lowe’s Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 4th. Investors of record on Wednesday, October 21st will be given a dividend of $1.25 per share. The ex-dividend date of this dividend is Wednesday, October 21st. This represents a $5.00 dividend on an annualized basis and a yield of 2.5%. Lowe’s Companies’s dividend payout ratio (DPR) is 42.27%.

Key Lowe’s Companies News

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

• Positive Sentiment: Lowe’s Pro business, digital sales and Home Services continue to provide growth potential, supporting the company’s longer-term strategy even as DIY demand remains soft. Can Lowe’s Pro Growth Justify Its Valuation Despite DIY Weakness?
• Positive Sentiment: Lowe’s Foundation launched a coalition with Nvidia, General Motors and more than 75 other companies to train and certify 1 million skilled-trades workers by 2035. The initiative could strengthen Lowe’s relationships with professional customers and help address the labor shortage over time, although it is unlikely to materially affect near-term earnings. Lowe’s launches major effort to help close America’s skilled trades gap
• Positive Sentiment: The company declared a quarterly dividend of $1.25 per share, equivalent to $5.00 annually and a yield of approximately 2.4%, offering continued income support for shareholders.
• Neutral Sentiment: Analysts remain somewhat constructive on Lowe’s longer-term prospects, but the stock has lagged the broader market and consumer-cyclical sector over the past year, reflecting investor concerns about valuation and demand.
• Negative Sentiment: Lowe’s cut its fiscal 2026 outlook as weaker DIY spending and housing pressure challenge growth in its Pro, online and Home Services businesses. The guidance reduction is the clearest near-term pressure on the stock and raises questions about how quickly growth investments can offset softness in the core retail business. Lowe’s Cuts 2026 Outlook as DIY Pressure Tests Its Growth Engines

Insider Activity at Lowe’s Companies

In other news, EVP Juliette Williams Pryor sold 9,330 shares of the business’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $224.81, for a total transaction of $2,097,477.30. Following the sale, the executive vice president directly owned 16,142 shares in the company, valued at approximately $3,628,883.02. The trade was a 36.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Janice Dupre sold 14,150 shares of the firm’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $221.90, for a total value of $3,139,885.00. Following the completion of 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 SEC filing for this sale provides additional information. Insiders have sold 25,980 shares of company stock worth $5,796,937 over the last three months. Company insiders own 0.29% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Evercore cut their target price on Lowe’s Companies from $250.00 to $230.00 in a report on Thursday, May 21st. Piper Sandler cut their price objective on Lowe’s Companies from $276.00 to $274.00 and set an “overweight” rating on the stock in a research note on Thursday, August 13th. Truist Financial reduced their target price on Lowe’s Companies from $255.00 to $254.00 and set a “buy” rating for the company in a report on Thursday, August 20th. Gordon Haskett lowered their price target 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. Finally, DA Davidson restated a “neutral” rating and issued a $245.00 price objective on shares of Lowe’s Companies in a research note on Wednesday, August 19th. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $258.53.

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.