Lowe’s Companies, Inc. $LOW Stock Acquired by Markel Group Inc.

Markel Group Inc. lifted its holdings in Lowe’s Companies, Inc. (NYSE:LOW) by 1.3% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 761,480 shares of the home improvement retailer’s stock after buying an additional 9,500 shares during the period. Lowe’s Companies makes up about 1.1% of Markel Group Inc.’s portfolio, making the stock its 24th biggest holding. Markel Group Inc.’s holdings in Lowe’s Companies were worth $140,333,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Nykredit A S purchased a new position in Lowe’s Companies during the second quarter worth $42,217,000. First Citizens Bank & Trust Co. lifted its stake in Lowe’s Companies by 31.8% in the third quarter. First Citizens Bank & Trust Co. now owns 24,068 shares of the home improvement retailer’s stock worth $4,435,000 after purchasing an additional 5,804 shares during the last quarter. Glenview Trust Co lifted its stake in Lowe’s Companies by 4.9% in the second 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 last quarter. Tidal Investments LLC lifted its stake in Lowe’s Companies by 21.3% in the second quarter. Tidal Investments LLC now owns 144,891 shares of the home improvement retailer’s stock worth $31,947,000 after purchasing an additional 25,448 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its position in shares of Lowe’s Companies by 33.7% during the third quarter. Farther Finance Advisors LLC now owns 29,209 shares of the home improvement retailer’s stock valued at $5,383,000 after buying an additional 7,364 shares during the period. 74.06% of the stock is currently owned by hedge funds and other institutional investors.

Lowe’s Companies Stock Down 2.3%

LOW opened at $213.15 on Wednesday. The stock’s fifty day moving average is $196.19 and its two-hundred day moving average is $225.84. The company has a market capitalization of $119.59 billion, a P/E ratio of 18.02, a PEG ratio of 1.83 and a beta of 0.81. Lowe’s Companies, Inc. has a 52 week low of $178.45 and a 52 week high of $293.06.

Lowe’s Companies (NYSE:LOW) last issued its earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share 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 business had revenue of $25.96 billion during the quarter, compared to analysts’ expectations of $26.13 billion. During the same period in the prior year, the business earned $4.33 EPS. The business’s revenue for the quarter 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 analysts anticipate that Lowe’s Companies, Inc. will post 12.25 earnings per share for the current 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 issued a $1.25 dividend. This represents a $5.00 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Wednesday, October 21st. Lowe’s Companies’s payout ratio is presently 42.27%.

Trending Headlines about Lowe’s Companies

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

• Positive Sentiment: Lowe’s is building momentum in its professional-customer business with targeted investment, digital tools and acquisitions. That growth could help offset softer DIY and remodeling demand and support its Total Home strategy. Lowe’s Pro Momentum Adds Strength to Its Total Home Strategy
• Neutral Sentiment: The company is set to open its eighth and final new store of 2026 in Texas. The added location expands its footprint, but the article does not suggest the opening is large enough to materially change near-term results. Lowe’s opening one more store in 2026
• Neutral Sentiment: Coverage highlighted Lowe’s upcoming dividend payment and November earnings report, but provided no details on the payout or earnings outlook that would indicate a change in expectations. Lowe’s stock heads toward dividend payment before November earnings
• Negative Sentiment: A market recap noted that LOW fell despite gains in the wider market, but did not point to a specific Lowe’s announcement or fundamental development behind the move. Lowe’s Stock Drops Despite Market Gains

Wall Street Analyst Weigh In

LOW has been the topic of a number of analyst reports. Melius Research set a $244.00 target price on Lowe’s Companies in a research note on Tuesday, October 6th. Evercore set a $190.00 price objective on Lowe’s Companies in a report on Tuesday, October 6th. KeyCorp reiterated an “overweight” rating and issued a $275.00 target price on shares of Lowe’s Companies in a research note on Thursday, August 20th. Piper Sandler decreased their target price on Lowe’s Companies from $276.00 to $274.00 and set an “overweight” rating for the company in a research report on Thursday, August 13th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Lowe’s Companies in a research note on Thursday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Lowe’s Companies presently has a consensus rating of “Moderate Buy” and a consensus price target of $253.48.

About Lowe’s Companies

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.