Livforsakringsbolaget Skandia Omsesidigt Increases Stake in Lowe’s Companies, Inc. $LOW

Livforsakringsbolaget Skandia Omsesidigt lifted its stake in Lowe’s Companies, Inc. (NYSE:LOW) by 71.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 7,694 shares of the home improvement retailer’s stock after acquiring an additional 3,200 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Lowe’s Companies were worth $1,855,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. 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 valued at $29,000 after purchasing an additional 42 shares during the last quarter. United Financial Planning Group LLC purchased a new position in shares of Lowe’s Companies in the 3rd quarter valued at approximately $31,000. Triumph Capital Management purchased a new position in shares of Lowe’s Companies in the 3rd quarter valued at approximately $34,000. Financial Life Planners purchased a new position in shares of Lowe’s Companies in the 3rd quarter valued at approximately $36,000. Finally, Ares Financial Consulting LLC purchased a new position in shares of Lowe’s Companies in the 4th quarter valued at approximately $36,000. 74.06% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

LOW has been the subject of several research analyst reports. Oppenheimer decreased their price objective on shares of Lowe’s Companies from $315.00 to $275.00 and set an “outperform” rating for the company in a research report on Monday, May 18th. KeyCorp reduced their price target on shares of Lowe’s Companies from $300.00 to $275.00 and set an “overweight” rating for the company in a research report on Thursday, May 21st. TD Cowen reduced their price target on shares of Lowe’s Companies from $280.00 to $235.00 and set a “hold” rating for the company in a research report on Thursday, May 21st. DA Davidson reissued a “neutral” rating and set a $275.00 price target on shares of Lowe’s Companies in a research report on Wednesday, May 20th. Finally, KGI Securities assumed coverage on shares of Lowe’s Companies in a research report on Tuesday, March 10th. They set a “neutral” rating and a $255.00 price target for the company. Twenty-three 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’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $264.57.

Key Headlines Impacting Lowe’s Companies

Here are the key news stories impacting Lowe’s Companies this week:

• Positive Sentiment: Jefferies says Lowe’s home maintenance program could boost recurring subscription revenue, improving the company’s growth mix and potentially supporting the stock. Article Title
• Positive Sentiment: Lowe’s recent dividend increase is being highlighted as a favorable signal for income-focused investors and confidence in cash flow. Article Title
• Positive Sentiment: Zacks Research raised some future earnings estimates, including Q1 2028 and Q1 2029, which suggests analysts still see longer-term earnings growth potential. Article Title
• Neutral Sentiment: Multiple Zacks estimate changes were mixed overall, with several later-period forecasts cut at the same time, so the analyst updates do not present a clear near-term earnings upgrade. Article Title
• Negative Sentiment: Housing-market concerns continue to pressure Lowe’s shares, and recent reporting notes the stock has been trading near a yearly low despite solid earnings and the higher dividend. Article Title

Lowe’s Companies Trading Up 0.2%

LOW opened at $208.00 on Friday. Lowe’s Companies, Inc. has a 12-month low of $203.40 and a 12-month high of $293.06. The firm has a market capitalization of $116.63 billion, a PE ratio of 17.58, a P/E/G ratio of 2.62 and a beta of 0.86. The firm has a 50 day moving average of $230.63 and a two-hundred day moving average of $246.76.

Lowe’s Companies (NYSE:LOW) last issued its quarterly earnings data on Wednesday, May 20th. The home improvement retailer reported $3.03 EPS for the quarter, topping analysts’ consensus estimates of $2.97 by $0.06. The business had revenue of $23.08 billion for the quarter, compared to analysts’ expectations of $22.98 billion. Lowe’s Companies had a net margin of 7.51% and a negative return on equity of 67.96%. The business’s revenue was up 10.3% on a year-over-year basis. During the same quarter last year, the company earned $2.92 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. As a group, analysts predict that Lowe’s Companies, Inc. will post 12.48 EPS for the current fiscal year.

Lowe’s Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 5th. Stockholders of record on Wednesday, July 22nd will be paid a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Wednesday, July 22nd. This is a positive change from Lowe’s Companies’s previous quarterly dividend of $1.20. Lowe’s Companies’s dividend payout ratio is 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.