SG Trading Solutions LLC Takes Position in Lowe’s Companies, Inc. $LOW

SG Trading Solutions LLC purchased a new position in shares of Lowe’s Companies, Inc. (NYSE:LOW) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,685 shares of the home improvement retailer’s stock, valued at approximately $648,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC grew its holdings in Lowe’s Companies by 119.7% during 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 during the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of Lowe’s Companies by 31.6% during the fourth quarter. Revolve Wealth Partners LLC now owns 1,078 shares of the home improvement retailer’s stock worth $266,000 after purchasing an additional 259 shares during the period. Sivia Capital Partners LLC lifted its holdings in shares of Lowe’s Companies by 22.3% during the second quarter. Sivia Capital Partners LLC now owns 1,534 shares of the home improvement retailer’s stock worth $340,000 after purchasing an additional 280 shares during the period. United Bank grew its stake in shares of Lowe’s Companies by 1.3% in the second quarter. United Bank now owns 12,124 shares of the home improvement retailer’s stock worth $2,690,000 after purchasing an additional 155 shares during the last quarter. Finally, Schnieders Capital Management LLC. grew its stake in shares of Lowe’s Companies by 13.1% in the second quarter. Schnieders Capital Management LLC. now owns 2,378 shares of the home improvement retailer’s stock worth $528,000 after purchasing an additional 275 shares during the last quarter. Institutional investors and hedge funds own 74.06% of the company’s stock.

Lowe’s Companies Stock Down 0.0%

LOW stock opened at $222.10 on Friday. The firm has a market cap of $124.53 billion, a price-to-earnings ratio of 18.77, a PEG ratio of 2.81 and a beta of 0.86. Lowe’s Companies, Inc. has a 12-month low of $203.40 and a 12-month high of $293.06. The company’s fifty day simple moving average is $227.02 and its 200 day simple moving average is $245.52.

Lowe’s Companies (NYSE:LOW) last issued its quarterly 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 net margin of 7.51% and a negative return on equity of 67.96%. The business had revenue of $23.08 billion for the quarter, compared to analysts’ expectations of $22.98 billion. During the same quarter in the prior year, the firm posted $2.92 earnings per share. The business’s quarterly 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. Research analysts expect that Lowe’s Companies, Inc. will post 12.48 earnings per share for the current year.

Lowe’s Companies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 5th. Shareholders of record on Wednesday, July 22nd will be issued a $1.25 dividend. The ex-dividend date is Wednesday, July 22nd. This is an increase from Lowe’s Companies’s previous quarterly dividend of $1.20. This represents a $5.00 dividend on an annualized basis and a yield of 2.3%. Lowe’s Companies’s dividend payout ratio is presently 40.57%.

Wall Street Analysts Forecast Growth

LOW has been the subject of a number of recent research reports. Bank of America decreased their price objective on Lowe’s Companies from $260.00 to $257.00 and set a “neutral” rating for the company in a report on Thursday, May 21st. TD Cowen reduced their price target on Lowe’s Companies from $280.00 to $235.00 and set a “hold” rating on the stock in a research report on Thursday, May 21st. Morgan Stanley decreased their price target on Lowe’s Companies from $292.00 to $277.00 and set an “overweight” rating for the company in a research note on Thursday, May 21st. BTIG Research downgraded Lowe’s Companies to a “reduce” rating in a research report on Tuesday, May 12th. Finally, Argus raised their price objective on Lowe’s Companies from $286.00 to $288.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. 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 company’s stock. According to data from MarketBeat, Lowe’s Companies currently has an average rating of “Moderate Buy” and an average price target of $264.57.

Insider Buying and Selling

In other news, EVP Juliette Williams Pryor sold 9,330 shares of the firm’s stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $224.81, for a total transaction of $2,097,477.30. Following the completion of the sale, the executive vice president owned 16,142 shares of the company’s stock, valued at $3,628,883.02. This trade represents a 36.63% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Janice Dupre sold 14,150 shares of Lowe’s Companies stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $221.90, for a total transaction of $3,139,885.00. Following the completion of the sale, the executive vice president owned 39,785 shares of the company’s stock, valued at $8,828,291.50. This represents a 26.24% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.29% of the company’s stock.

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.