Lowe’s Companies, Inc. $LOW Stock Sold by Private Wealth Partners LLC

Private Wealth Partners LLC lessened its stake in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 21.5% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 11,438 shares of the home improvement retailer’s stock after selling 3,135 shares during the period. Private Wealth Partners LLC’s holdings in Lowe’s Companies were worth $2,108,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Markowski Investments purchased a new position in shares of Lowe’s Companies in the second quarter valued at approximately $33,000. IAG Wealth Partners LLC raised its stake in 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. Legacy Wealth Managment LLC ID lifted its holdings in Lowe’s Companies by 219.7% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 195 shares of the home improvement retailer’s stock valued at $46,000 after purchasing an additional 134 shares in the last quarter. Global Assets Advisory LLC purchased a new position in Lowe’s Companies in the 1st quarter valued at $48,000. Finally, Wilkerson Advisory Group LLC boosted its stake in Lowe’s Companies by 85.1% during the 1st quarter. Wilkerson Advisory Group LLC now owns 211 shares of the home improvement retailer’s stock worth $50,000 after purchasing an additional 97 shares during the last quarter. 74.06% of the stock is owned by hedge funds and other institutional investors.

Lowe’s Companies Stock Performance

Shares of LOW stock traded down $5.55 on Friday, hitting $198.82. 2,846,451 shares of the stock traded hands, compared to its average volume of 3,305,667. The firm’s 50-day moving average price is $197.50 and its two-hundred day moving average price is $213.62. Lowe’s Companies, Inc. has a twelve month low of $178.45 and a twelve month high of $293.06. The stock has a market capitalization of $111.55 billion, a PE ratio of 16.81, a PEG ratio of 1.71 and a beta of 0.89.

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

Lowe’s Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 4th. Investors of record on Wednesday, October 21st will be issued a $1.25 dividend. The ex-dividend date 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 is currently 42.27%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Sanford C. Bernstein dropped their target price on shares of Lowe’s Companies from $261.00 to $254.00 and set an “outperform” rating for the company in a report on Wednesday, September 9th. Telsey Advisory Group lowered their price target on shares of Lowe’s Companies from $280.00 to $260.00 and set an “outperform” rating on the stock in a research report on Thursday, August 20th. Mizuho dropped their price objective on shares of Lowe’s Companies from $280.00 to $250.00 and set an “outperform” rating for the company in a research note on Thursday, August 20th. Piper Sandler cut their price objective on shares of Lowe’s Companies from $276.00 to $274.00 and set an “overweight” rating for the company in a report on Thursday, August 13th. Finally, UBS Group decreased their target price on shares of Lowe’s Companies from $285.00 to $275.00 and set a “buy” rating on the stock in a research note on Thursday, August 20th. One research 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 given a Sell rating to the company. According to MarketBeat, Lowe’s Companies has an average rating of “Moderate Buy” and a consensus price target of $254.29.

Lowe’s Companies Profile

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.