Constant Guidance Financial LLC bought a new position in shares of Lowe’s Companies, Inc. (NYSE:LOW – Free Report) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 2,690 shares of the home improvement retailer’s stock, valued at approximately $649,000.
Other hedge funds have also recently made changes to their positions in the company. Activest Wealth Management raised its position in shares of Lowe’s Companies by 78.5% in the 3rd quarter. Activest Wealth Management now owns 116 shares of the home improvement retailer’s stock worth $29,000 after acquiring an additional 51 shares in the last quarter. United Financial Planning Group LLC bought a new position in shares of Lowe’s Companies in the 3rd quarter worth about $31,000. OLD Second National Bank of Aurora raised its position in shares of Lowe’s Companies by 52.5% in the 4th quarter. OLD Second National Bank of Aurora now owns 122 shares of the home improvement retailer’s stock worth $29,000 after acquiring an additional 42 shares in the last quarter. Triumph Capital Management bought a new position in shares of Lowe’s Companies in the 3rd quarter worth about $34,000. Finally, Guerra Advisors Inc bought a new position in shares of Lowe’s Companies in the 3rd quarter worth about $35,000. 74.06% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several research analysts have recently weighed in on LOW shares. Wells Fargo & Company lowered their price objective on Lowe’s Companies from $260.00 to $255.00 and set an “overweight” rating for the company in a research report on Thursday, May 21st. JPMorgan Chase & Co. lowered their price objective on Lowe’s Companies from $325.00 to $279.00 and set an “overweight” rating for the company in a research report on Thursday, May 21st. Royal Bank Of Canada lowered their price objective on Lowe’s Companies from $264.00 to $232.00 and set a “sector perform” rating for the company in a research report on Thursday, May 21st. Raymond James Financial lowered Lowe’s Companies from a “market perform” rating to a “market perform” rating in a research report on Tuesday, May 12th. Finally, BNP Paribas Exane lowered their price objective on Lowe’s Companies from $228.00 to $202.00 and set an “underperform” rating for the company in a research report on Thursday, May 21st. Twenty-three equities research 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. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $264.57.
Lowe’s Companies Price Performance
Shares of Lowe’s Companies stock opened at $217.17 on Thursday. Lowe’s Companies, Inc. has a one year low of $208.00 and a one year high of $293.06. The firm has a market capitalization of $121.63 billion, a price-to-earnings ratio of 18.36, a PEG ratio of 4.60 and a beta of 0.91. The business has a 50-day simple moving average of $233.26 and a 200 day simple moving average of $247.70.
Lowe’s Companies (NYSE:LOW – Get Free Report) last issued its earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 EPS for the quarter, beating analysts’ consensus estimates of $2.97 by $0.06. Lowe’s Companies had a negative return on equity of 67.96% and a net margin of 7.51%.The business had revenue of $23.08 billion during the quarter, compared to analyst estimates of $22.98 billion. During the same period in the previous year, the company posted $2.92 EPS. The firm’s revenue was up 10.3% compared to the same quarter last year. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. On average, sell-side analysts expect that Lowe’s Companies, Inc. will post 12.5 EPS for the current year.
Lowe’s Companies Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, May 6th. Investors of record on Wednesday, April 22nd were given a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend was Wednesday, April 22nd. Lowe’s Companies’s payout ratio is presently 40.57%.
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.
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