11,633 Shares in Lowe’s Companies, Inc. $LOW Acquired by Titan Investment Management LLC

Titan Investment Management LLC bought a new stake in shares of Lowe’s Companies, Inc. (NYSE:LOW) in the 3rd quarter, HoldingsChannel.com reports. The fund bought 11,633 shares of the home improvement retailer’s stock, valued at approximately $2,144,000. Lowe’s Companies accounts for approximately 1.6% of Titan Investment Management LLC’s holdings, making the stock its 23rd largest holding.

Several other institutional investors have also recently made changes to their positions in LOW. Nykredit A S purchased a new stake in shares of Lowe’s Companies during the 2nd quarter worth about $42,217,000. Kathmere Capital Management LLC grew its position in shares of Lowe’s Companies by 133.9% during the 1st quarter. Kathmere Capital Management LLC now owns 9,402 shares of the home improvement retailer’s stock valued at $2,222,000 after acquiring an additional 5,383 shares during the period. First Citizens Bank & Trust Co. increased its stake in shares of Lowe’s Companies by 31.8% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 24,068 shares of the home improvement retailer’s stock valued at $4,435,000 after purchasing an additional 5,804 shares in the last quarter. Econ Financial Services Corp increased its stake in shares of Lowe’s Companies by 26.2% in the 1st quarter. Econ Financial Services Corp now owns 19,974 shares of the home improvement retailer’s stock valued at $4,719,000 after purchasing an additional 4,147 shares in the last quarter. Finally, Glenview Trust Co raised its holdings in Lowe’s Companies by 4.9% in the 2nd quarter. Glenview Trust Co now owns 230,389 shares of the home improvement retailer’s stock worth $50,798,000 after purchasing an additional 10,735 shares during the period. 74.06% of the stock is owned by hedge funds and other institutional investors.

Lowe’s Companies Trading Up 3.9%

LOW stock opened at $204.30 on Friday. Lowe’s Companies, Inc. has a 12-month low of $178.45 and a 12-month high of $293.06. The stock has a market cap of $114.62 billion, a price-to-earnings ratio of 17.27, a PEG ratio of 1.64 and a beta of 0.89. The business’s 50-day moving average is $197.89 and its 200 day moving average is $213.72.

Lowe’s Companies (NYSE:LOW) last posted its quarterly earnings data on Wednesday, August 19th. The home improvement retailer reported $4.40 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $26.13 billion. During the same period in the previous year, the business earned $4.33 EPS. Lowe’s Companies’s quarterly revenue was up 8.3% on a year-over-year basis. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. As a group, equities analysts forecast that Lowe’s Companies, Inc. will post 12.26 EPS for the current fiscal year.

Lowe’s Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 4th. Investors of record on Wednesday, October 21st will be paid a $1.25 dividend. This represents a $5.00 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Wednesday, October 21st. Lowe’s Companies’s dividend payout ratio is currently 42.27%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. UBS Group lowered their price target on Lowe’s Companies from $285.00 to $275.00 and set a “buy” rating on the stock in a research report on Thursday, August 20th. DA Davidson restated a “neutral” rating and issued a $245.00 price objective on shares of Lowe’s Companies in a research report on Wednesday, August 19th. Telsey Advisory Group cut their price objective on Lowe’s Companies from $280.00 to $260.00 and set an “outperform” rating for the company in a research report on Thursday, August 20th. Weiss Ratings downgraded Lowe’s Companies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, August 17th. Finally, Citigroup decreased their target price on Lowe’s Companies from $267.00 to $260.00 and set a “buy” rating on the stock in a research report on Thursday, August 20th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $254.29.

Lowe’s Companies Profile

Lowe’s Companies, Inc is a home improvement retailer serving do-it-yourself customers, professional contractors and commercial customers across the United States. The company sells products for home construction, maintenance, repair, remodeling and improvement through its stores and digital platforms.

Its merchandise includes appliances, tools, hardware, lumber, building materials, electrical and plumbing supplies, paint, flooring, kitchen and bathroom products, outdoor living items, lawn and garden products, and seasonal merchandise.