Ironvine Capital Partners LLC Acquires 6,041 Shares of Lowe’s Companies, Inc. $LOW

Ironvine Capital Partners LLC raised its holdings in Lowe’s Companies, Inc. (NYSE:LOW) by 5.6% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 113,004 shares of the home improvement retailer’s stock after acquiring an additional 6,041 shares during the quarter. Lowe’s Companies makes up about 2.2% of Ironvine Capital Partners LLC’s portfolio, making the stock its 20th largest holding. Ironvine Capital Partners LLC’s holdings in Lowe’s Companies were worth $24,916,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Norges Bank bought a new stake in shares of Lowe’s Companies in the fourth quarter worth $1,993,697,000. Price T Rowe Associates Inc. MD raised its position in Lowe’s Companies by 45.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 6,555,565 shares of the home improvement retailer’s stock worth $1,580,941,000 after purchasing an additional 2,039,343 shares during the last quarter. J. Stern & Co. LLP lifted its holdings in Lowe’s Companies by 7,814.9% during the 4th quarter. J. Stern & Co. LLP now owns 1,490,369 shares of the home improvement retailer’s stock worth $359,417,000 after buying an additional 1,471,539 shares during the period. Eurizon Capital SGR S.p.A. acquired a new position in Lowe’s Companies during the 4th quarter worth about $308,683,000. Finally, Viking Global Investors LP acquired a new position in Lowe’s Companies during the 4th quarter worth about $219,948,000. Institutional investors and hedge funds own 74.06% of the company’s stock.

Lowe’s Companies Trading Down 2.3%

Shares of Lowe’s Companies stock opened at $200.08 on Wednesday. The business has a 50-day moving average price of $214.63 and a two-hundred day moving average price of $229.29. Lowe’s Companies, Inc. has a 1-year low of $199.39 and a 1-year high of $293.06. The company has a market cap of $112.25 billion, a P/E ratio of 16.91, a PEG ratio of 2.72 and a beta of 0.85.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings data on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.22 by $0.18. Lowe’s Companies had a negative return on equity of 75.67% and a net margin of 7.34%.The company had revenue of $25.96 billion for the quarter, compared to the consensus estimate of $26.13 billion. During the same period in the previous year, the business earned $4.33 EPS. The firm’s revenue was up 8.3% compared to the same quarter last year. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. Equities research analysts forecast that Lowe’s Companies, Inc. will post 12.26 EPS for the current fiscal year.

Lowe’s Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 4th. Shareholders of record on Wednesday, October 21st will be issued a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Wednesday, October 21st. Lowe’s Companies’s payout ratio is presently 42.27%.

Wall Street Analyst Weigh In

LOW has been the subject of several recent research reports. Gordon Haskett decreased their price target on Lowe’s Companies from $280.00 to $250.00 and set a “buy” rating for the company in a research note on Thursday, May 21st. Sanford C. Bernstein cut their price objective on Lowe’s Companies from $303.00 to $281.00 and set an “outperform” rating on the stock in a research note on Thursday, May 14th. Bank of America reduced their target price on Lowe’s Companies from $260.00 to $257.00 and set a “neutral” rating on the stock in a report on Thursday, May 21st. The Goldman Sachs Group decreased their target price on shares of Lowe’s Companies from $300.00 to $293.00 and set a “buy” rating for the company in a research report on Thursday, May 21st. Finally, Stifel Nicolaus lowered their price target on shares of Lowe’s Companies from $270.00 to $220.00 and set a “hold” rating for the company in a report on Monday, May 18th. Twenty-three investment 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.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $258.53.

Key Lowe’s Companies News

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

• Positive Sentiment: Lowe’s Pro business, digital sales and Home Services continue to provide growth potential, supporting the company’s longer-term strategy even as DIY demand remains soft. Can Lowe’s Pro Growth Justify Its Valuation Despite DIY Weakness?
• Positive Sentiment: Lowe’s Foundation launched a coalition with Nvidia, General Motors and more than 75 other companies to train and certify 1 million skilled-trades workers by 2035. The initiative could strengthen Lowe’s relationships with professional customers and help address the labor shortage over time, although it is unlikely to materially affect near-term earnings. Lowe’s launches major effort to help close America’s skilled trades gap
• Positive Sentiment: The company declared a quarterly dividend of $1.25 per share, equivalent to $5.00 annually and a yield of approximately 2.4%, offering continued income support for shareholders.
• Neutral Sentiment: Analysts remain somewhat constructive on Lowe’s longer-term prospects, but the stock has lagged the broader market and consumer-cyclical sector over the past year, reflecting investor concerns about valuation and demand.
• Negative Sentiment: Lowe’s cut its fiscal 2026 outlook as weaker DIY spending and housing pressure challenge growth in its Pro, online and Home Services businesses. The guidance reduction is the clearest near-term pressure on the stock and raises questions about how quickly growth investments can offset softness in the core retail business. Lowe’s Cuts 2026 Outlook as DIY Pressure Tests Its Growth Engines

Insider Buying and Selling at Lowe’s Companies

In other Lowe’s Companies news, EVP Janice Dupre sold 14,150 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $221.90, for a total value of $3,139,885.00. Following the transaction, the executive vice president directly owned 39,785 shares of the company’s stock, valued at approximately $8,828,291.50. The trade was a 26.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Juliette Williams Pryor sold 9,330 shares of the stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $224.81, for a total value of $2,097,477.30. Following the transaction, the executive vice president owned 16,142 shares in the company, valued at $3,628,883.02. The trade was a 36.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 25,980 shares of company stock valued at $5,796,937. 0.29% of the stock is currently owned by company insiders.

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.