16,579 Shares in Lowe’s Companies, Inc. $LOW Bought by Sanders Morris Harris LLC

Sanders Morris Harris LLC purchased a new position in shares of Lowe’s Companies, Inc. (NYSE:LOW) in the 3rd quarter, Holdings Channel reports. The firm purchased 16,579 shares of the home improvement retailer’s stock, valued at approximately $3,060,000.

Several other hedge funds also recently made changes to their positions in the business. Adirondack Trust Co. lifted its position in Lowe’s Companies by 8.2% during the 3rd quarter. Adirondack Trust Co. now owns 2,600 shares of the home improvement retailer’s stock worth $479,000 after buying an additional 197 shares in the last quarter. Lodestone Wealth Management LLC boosted its stake in shares of Lowe’s Companies by 95.6% during the 3rd quarter. Lodestone Wealth Management LLC now owns 221 shares of the home improvement retailer’s stock worth $41,000 after buying an additional 108 shares during the last quarter. First Citizens Bank & Trust Co. grew its holdings in shares of Lowe’s Companies by 31.8% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 24,068 shares of the home improvement retailer’s stock valued at $4,435,000 after acquiring an additional 5,804 shares in the last quarter. Focus Financial Network Inc. grew its holdings in shares of Lowe’s Companies by 4.1% in the 3rd quarter. Focus Financial Network Inc. now owns 1,781 shares of the home improvement retailer’s stock valued at $328,000 after acquiring an additional 70 shares in the last quarter. Finally, ASK Capital Investment Managers LLC bought a new position in shares of Lowe’s Companies in the 3rd quarter valued at about $548,000. 74.06% of the stock is owned by institutional investors.

Lowe’s Companies Trading Down 0.2%

Shares of LOW traded down $0.38 during midday trading on Wednesday, reaching $188.36. The stock had a trading volume of 2,647,819 shares, compared to its average volume of 2,957,651. The firm has a market cap of $105.68 billion, a PE ratio of 15.92, a P/E/G ratio of 1.55 and a beta of 0.89. The firm has a 50 day simple moving average of $201.04 and a 200-day simple moving average of $215.53. Lowe’s Companies, Inc. has a one year low of $178.45 and a one year high of $293.06.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings data on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share for the quarter, topping the consensus estimate of $4.22 by $0.18. The company had revenue of $25.96 billion for the quarter, compared to analyst estimates 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 revenue for the quarter was up 8.3% compared to the same quarter last year. During the same period in the previous year, the business earned $4.33 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. As a group, research analysts forecast that Lowe’s Companies, Inc. will post 12.26 EPS for the current fiscal year.

Lowe’s Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 4th. Stockholders of record on Wednesday, October 21st will be paid a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Wednesday, October 21st. Lowe’s Companies’s payout ratio is currently 42.27%.

Analyst Ratings Changes

LOW has been the topic of several analyst reports. Piper Sandler dropped their target price on Lowe’s Companies from $276.00 to $274.00 and set an “overweight” rating on the stock in a report on Thursday, August 13th. Morgan Stanley reissued an “overweight” rating on shares of Lowe’s Companies in a research report on Thursday, August 20th. Telsey Advisory Group decreased their price target on Lowe’s Companies from $280.00 to $260.00 and set an “outperform” rating for the company in a research note on Thursday, August 20th. TD Cowen reaffirmed a “hold” rating and set a $235.00 price target on shares of Lowe’s Companies in a research report on Thursday, August 20th. Finally, Mizuho lowered their price target on Lowe’s Companies from $280.00 to $250.00 and set an “outperform” rating on the stock in a research report on Thursday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $254.29.

Lowe’s Companies News Summary

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

• Positive Sentiment: Lowe’s dividend appears sustainable, supported by its extensive store network, customer relationships, growing professional-contractor business and resilient cash generation. The company has doubled its quarterly dividend since 2021, strengthening its appeal to income-focused investors. Lowe’s Dividend Sustainability Looks Solid, but Returns Face a Test
• Positive Sentiment: Investments in digital fulfillment and e-commerce, including approximately $542 million spent in fiscal second-quarter 2026, along with the Mylow AI assistant and expanded holiday promotions, could improve customer engagement and support long-term sales growth. Lowe’s AI-Driven Holiday Push and E-Commerce Spend Might Change The Case For Investing In Lowe’s Companies
• Neutral Sentiment: Traeger is awaiting a broader Lowe’s rollout in 2027. The potential expansion could create a future sales opportunity, but the benefits are not expected to materially affect near-term results. Traeger: Waiting For The Lowe’s Rollout In 2027
• Negative Sentiment: Management has cited cautious customers and heightened competitive pressure, particularly from promotions that Lowe’s did not fully match. This raises concerns about traffic, market share and margins during the important holiday period. What Could Derail Lowe’s Stock?
• Negative Sentiment: A frozen housing market could delay big-ticket home-improvement projects, while debt from recent acquisitions may limit the company’s flexibility to keep raising its dividend at its prior pace. Lowe’s Keeps Raising Its Dividend. A Frozen Housing Market Could Test That Streak

About Lowe’s Companies

Lowe’s Companies, Inc is a home improvement retailer serving homeowners, renters, and professional contractors primarily in the United States. The company operates through a network of retail stores and digital channels, offering products and services for home repair, maintenance, remodeling, construction, and outdoor living.

Its merchandise includes appliances, tools, hardware, lumber, building materials, plumbing and electrical supplies, paint, flooring, kitchen and bath products, lighting, home décor, lawn and garden equipment, and seasonal goods.