Fideuram Asset Management Ireland dac Buys Shares of 23,836 Lowe’s Companies, Inc. $LOW

Fideuram Asset Management Ireland dac acquired a new position in shares of Lowe’s Companies, Inc. (NYSE:LOW) during the 4th quarter, Holdings Channel reports. The fund acquired 23,836 shares of the home improvement retailer’s stock, valued at approximately $6,076,000.

Several other hedge funds have also made changes to their positions in the business. National Pension Service boosted its holdings in shares of Lowe’s Companies by 1.5% during the fourth quarter. National Pension Service now owns 1,306,381 shares of the home improvement retailer’s stock worth $315,047,000 after purchasing an additional 19,599 shares during the last quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. acquired a new stake in shares of Lowe’s Companies during the fourth quarter worth $245,000. Linscomb Wealth Inc. boosted its holdings in shares of Lowe’s Companies by 3.5% during the fourth quarter. Linscomb Wealth Inc. now owns 20,580 shares of the home improvement retailer’s stock worth $4,963,000 after purchasing an additional 687 shares during the last quarter. Rothschild Investment LLC boosted its holdings in shares of Lowe’s Companies by 3.9% during the fourth quarter. Rothschild Investment LLC now owns 2,091 shares of the home improvement retailer’s stock worth $504,000 after purchasing an additional 79 shares during the last quarter. Finally, SBI Okasan Asset Management Co.Ltd. acquired a new stake in shares of Lowe’s Companies during the fourth quarter worth $1,170,000. Institutional investors and hedge funds own 74.06% of the company’s stock.

Lowe’s Companies Trading Up 0.4%

Shares of LOW opened at $217.80 on Friday. The firm has a market capitalization of $121.98 billion, a P/E ratio of 18.41, a price-to-earnings-growth ratio of 4.70 and a beta of 0.91. The stock’s fifty day simple moving average is $232.82 and its 200 day simple moving average is $247.59. Lowe’s Companies, Inc. has a twelve month low of $208.00 and a twelve month high of $293.06.

Lowe’s Companies (NYSE:LOW) last issued its earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share for the quarter, topping the consensus estimate of $2.97 by $0.06. The business had revenue of $23.08 billion for the quarter, compared to analyst estimates of $22.98 billion. Lowe’s Companies had a negative return on equity of 67.96% and a net margin of 7.51%.The business’s quarterly revenue was up 10.3% on a year-over-year basis. During the same period last year, the company posted $2.92 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. Sell-side analysts predict that Lowe’s Companies, Inc. will post 12.5 earnings per share for the current year.

Lowe’s Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Wednesday, April 22nd were given a $1.20 dividend. The ex-dividend date of this dividend was Wednesday, April 22nd. This represents a $4.80 annualized dividend and a yield of 2.2%. Lowe’s Companies’s dividend payout ratio (DPR) is 40.57%.

Analyst Ratings Changes

LOW has been the topic of several analyst reports. Piper Sandler decreased their price objective on Lowe’s Companies from $300.00 to $276.00 and set an “overweight” rating on the stock in a report on Thursday, May 21st. Oppenheimer decreased their price objective on Lowe’s Companies from $315.00 to $275.00 and set an “outperform” rating on the stock in a report on Monday, May 18th. Telsey Advisory Group cut their target price on Lowe’s Companies from $295.00 to $280.00 and set an “outperform” rating on the stock in a research report on Thursday, May 21st. Stifel Nicolaus cut their target price on Lowe’s Companies from $270.00 to $220.00 and set a “hold” rating on the stock in a research report on Monday, May 18th. Finally, 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. Twenty-three research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $264.57.

Lowe’s Companies Company 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.