Lowe’s Companies, Inc. $LOW Stake Raised by Horizon Investments LLC

Horizon Investments LLC increased its holdings in Lowe’s Companies, Inc. (NYSE:LOW) by 46.2% in the 4th quarter, Holdings Channel reports. The fund owned 23,934 shares of the home improvement retailer’s stock after purchasing an additional 7,565 shares during the period. Horizon Investments LLC’s holdings in Lowe’s Companies were worth $5,746,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of LOW. Brighton Jones LLC lifted its stake in Lowe’s Companies by 119.7% in the 4th quarter. Brighton Jones LLC now owns 31,965 shares of the home improvement retailer’s stock worth $7,889,000 after acquiring an additional 17,413 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in Lowe’s Companies by 31.6% in the 4th quarter. Revolve Wealth Partners LLC now owns 1,078 shares of the home improvement retailer’s stock worth $266,000 after acquiring an additional 259 shares in the last quarter. Sivia Capital Partners LLC lifted its stake in Lowe’s Companies by 22.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,534 shares of the home improvement retailer’s stock worth $340,000 after acquiring an additional 280 shares in the last quarter. United Bank lifted its stake in Lowe’s Companies by 1.3% in the 2nd quarter. United Bank now owns 12,124 shares of the home improvement retailer’s stock worth $2,690,000 after acquiring an additional 155 shares in the last quarter. Finally, Schnieders Capital Management LLC. lifted its stake in Lowe’s Companies by 13.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 2,378 shares of the home improvement retailer’s stock worth $528,000 after acquiring an additional 275 shares in the last quarter. 74.06% of the stock is owned by hedge funds and other institutional investors.

Lowe’s Companies Price Performance

Shares of LOW stock opened at $233.55 on Monday. Lowe’s Companies, Inc. has a fifty-two week low of $210.33 and a fifty-two week high of $293.06. The stock’s 50-day moving average is $245.40 and its two-hundred day moving average is $249.98. The firm has a market cap of $130.80 billion, a P/E ratio of 19.71, a PEG ratio of 5.07 and a beta of 0.91.

Lowe’s Companies (NYSE:LOW) last issued its earnings results on Wednesday, February 25th. The home improvement retailer reported $1.98 earnings per share for the quarter, topping the consensus estimate of $1.94 by $0.04. Lowe’s Companies had a negative return on equity of 61.40% and a net margin of 7.71%.The company had revenue of $20.59 billion for the quarter, compared to analyst estimates of $20.34 billion. During the same period in the prior year, the firm posted $1.93 EPS. The business’s revenue was up 10.9% compared to the same quarter last year. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. As a group, research analysts expect that Lowe’s Companies, Inc. will post 12.61 EPS for the current year.

Lowe’s Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 6th. Stockholders of record on Wednesday, April 22nd will be issued a dividend of $1.20 per share. The ex-dividend date of this dividend is Wednesday, April 22nd. This represents a $4.80 dividend on an annualized basis and a dividend yield of 2.1%. Lowe’s Companies’s dividend payout ratio is currently 40.51%.

Analyst Upgrades and Downgrades

LOW has been the subject of several research analyst reports. Royal Bank Of Canada increased their price objective on Lowe’s Companies from $252.00 to $257.00 and gave the stock a “sector perform” rating in a research note on Monday, February 23rd. Citigroup upped their target price on Lowe’s Companies from $250.00 to $285.00 and gave the stock a “neutral” rating in a research report on Thursday, February 12th. Guggenheim upped their target price on Lowe’s Companies from $280.00 to $300.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. KGI Securities started coverage on Lowe’s Companies in a research report on Tuesday, March 10th. They issued a “neutral” rating and a $255.00 target price on the stock. Finally, DA Davidson reaffirmed a “neutral” rating and issued a $275.00 target price on shares of Lowe’s Companies in a research report on Thursday, February 26th. Twenty-two investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, Lowe’s Companies presently has a consensus rating of “Moderate Buy” and a consensus price target of $289.10.

Lowe’s Companies 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.