12,000 Lowe’s Companies, Inc. $LOW Shares Sold by Willis Investment Counsel

Willis Investment Counsel decreased its stake in Lowe’s Companies, Inc. (NYSE:LOW) by 14.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 71,218 shares of the home improvement retailer’s stock after selling 12,000 shares during the period. Willis Investment Counsel’s holdings in Lowe’s Companies were worth $13,125,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Net Worth Advisory Group grew its stake in shares of Lowe’s Companies by 5.5% in the third quarter. Net Worth Advisory Group now owns 7,717 shares of the home improvement retailer’s stock worth $1,407,000 after purchasing an additional 405 shares in the last quarter. Vision Capital Management Inc. grew its stake in shares of Lowe’s Companies by 1.9% in the 3rd quarter. Vision Capital Management Inc. now owns 10,076 shares of the home improvement retailer’s stock worth $1,857,000 after purchasing an additional 185 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in Lowe’s Companies by 1.0% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 81,395 shares of the home improvement retailer’s stock valued at $15,000,000 after purchasing an additional 841 shares during the last quarter. CWA Asset Management Group LLC boosted its holdings in Lowe’s Companies by 0.7% during the third quarter. CWA Asset Management Group LLC now owns 12,154 shares of the home improvement retailer’s stock worth $2,240,000 after buying an additional 81 shares in the last quarter. Finally, Worth Financial Advisory Group LLC boosted its holdings in Lowe’s Companies by 8.3% during the third quarter. Worth Financial Advisory Group LLC now owns 1,091 shares of the home improvement retailer’s stock worth $201,000 after buying an additional 84 shares in the last quarter. Institutional investors own 74.06% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $231.00 price target on shares of Lowe’s Companies in a report on Thursday, August 20th. KeyCorp restated an “overweight” rating and issued a $275.00 target price on shares of Lowe’s Companies in a report on Thursday, August 20th. Gordon Haskett cut Lowe’s Companies from a “buy” rating to a “hold” rating and set a $200.00 target price on the stock. in a report on Thursday, September 24th. Guggenheim reaffirmed a “buy” rating and set a $275.00 target price on shares of Lowe’s Companies in a research report on Monday, September 21st. Finally, Citigroup reduced their target price on Lowe’s Companies from $267.00 to $260.00 and set a “buy” rating for the company in a report on Thursday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Lowe’s Companies presently has an average rating of “Moderate Buy” and an average price target of $254.29.

Lowe’s Companies Price Performance

Lowe’s Companies stock traded up $2.71 during mid-day trading on Tuesday, hitting $198.63. The company’s stock had a trading volume of 1,347,949 shares, compared to its average volume of 2,959,344. The firm’s 50 day moving average is $198.99 and its 200 day moving average is $214.42. The company has a market cap of $111.44 billion, a PE ratio of 16.79, a price-to-earnings-growth ratio of 1.65 and a beta of 0.89. Lowe’s Companies, Inc. has a 52-week low of $178.45 and a 52-week high of $293.06.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings data on Wednesday, August 19th. The home improvement retailer reported $4.40 EPS for the quarter, beating analysts’ consensus estimates of $4.22 by $0.18. The firm 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%. The firm’s revenue was up 8.3% on a year-over-year basis. During the same period in the previous year, the firm posted $4.33 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. As a group, analysts forecast that Lowe’s Companies, Inc. will post 12.26 EPS for the current year.

Lowe’s Companies Dividend Announcement

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

About Lowe’s Companies

Lowe’s Companies, Inc is a home improvement retailer serving do-it-yourself customers, professional contractors and commercial customers across the United States. The company sells products for home construction, maintenance, repair, remodeling and improvement through its stores and digital platforms.

Its merchandise includes appliances, tools, hardware, lumber, building materials, electrical and plumbing supplies, paint, flooring, kitchen and bathroom products, outdoor living items, lawn and garden products, and seasonal merchandise.