2,189 Lowe’s Companies, Inc. $LOW Shares Bought by Mesirow Financial Investment Management Inc.

Mesirow Financial Investment Management Inc. boosted its stake in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 1.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 171,206 shares of the home improvement retailer’s stock after buying an additional 2,189 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in Lowe’s Companies were worth $31,552,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. BlackRock Inc. increased its holdings in shares of Lowe’s Companies by 1.8% in the 2nd quarter. BlackRock Inc. now owns 40,545,728 shares of the home improvement retailer’s stock valued at $8,939,928,000 after acquiring an additional 714,092 shares during the period. State Street Corp lifted its stake in shares of Lowe’s Companies by 3.6% during the 2nd quarter. State Street Corp now owns 25,329,373 shares of the home improvement retailer’s stock worth $5,584,873,000 after purchasing an additional 880,815 shares during the last quarter. Bank of New York Mellon Corp boosted its position in Lowe’s Companies by 5.2% during the first quarter. Bank of New York Mellon Corp now owns 4,047,615 shares of the home improvement retailer’s stock valued at $956,371,000 after purchasing an additional 201,803 shares in the last quarter. Amundi boosted its position in Lowe’s Companies by 57.3% during the second quarter. Amundi now owns 2,892,868 shares of the home improvement retailer’s stock valued at $637,848,000 after purchasing an additional 1,053,237 shares in the last quarter. Finally, Swiss National Bank boosted its position in Lowe’s Companies by 7.1% during the first quarter. Swiss National Bank now owns 1,646,320 shares of the home improvement retailer’s stock valued at $388,992,000 after purchasing an additional 109,520 shares in the last quarter. Institutional investors own 74.06% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Evercore set a $190.00 target price on Lowe’s Companies in a research note on Tuesday, October 6th. UBS Group decreased their price target on shares of Lowe’s Companies from $285.00 to $275.00 and set a “buy” rating for the company in a research report on Thursday, August 20th. Morgan Stanley restated an “overweight” rating on shares of Lowe’s Companies in a report on Thursday, August 20th. Stifel Nicolaus cut their price objective on shares of Lowe’s Companies from $220.00 to $195.00 and set a “hold” rating on the stock in a research report on Monday, October 26th. Finally, Sanford C. Bernstein boosted their price objective on shares of Lowe’s Companies from $254.00 to $270.00 and gave the stock an “outperform” rating in a research note on Tuesday. 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 given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $254.74.

Lowe’s Companies Price Performance

Lowe’s Companies stock opened at $231.79 on Wednesday. Lowe’s Companies, Inc. has a 1-year low of $178.45 and a 1-year high of $293.06. The business has a fifty day moving average price of $198.20 and a 200-day moving average price of $224.69. The stock has a market capitalization of $130.05 billion, a price-to-earnings ratio of 19.59, a PEG ratio of 1.94 and a beta of 0.81.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 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 during the quarter, compared to analysts’ expectations of $26.13 billion. During the same period last year, the business posted $4.33 earnings per share. 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. On average, equities research analysts anticipate that Lowe’s Companies, Inc. will post 12.25 earnings per share for the current fiscal year.

Lowe’s Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 4th. Stockholders of record on Wednesday, October 21st were issued a dividend of $1.25 per share. The ex-dividend date was Wednesday, October 21st. This represents a $5.00 annualized dividend and a dividend yield of 2.2%. Lowe’s Companies’s dividend payout ratio is 42.27%.

More Lowe’s Companies News

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

• Positive Sentiment: Lowe’s is now Bilt’s exclusive home-improvement partner, giving it access to Bilt’s more than 8 million members through shopping rewards, MyLowe’s Rewards and home services. The partnership also introduces a home-maintenance membership, which could help attract customers and encourage repeat business. Lowe’s and Bilt partnership announcement
• Positive Sentiment: Sanford C. Bernstein raised its price target to $270 and maintained an “outperform” rating; JPMorgan also lifted its target, to $275, with an “overweight” rating. The revisions signal improved analyst views of Lowe’s prospects. Bernstein rating information
• Positive Sentiment: A recent dividend-stock article described Lowe’s as resilient despite a weak housing market and said its dividend has room to grow, supporting its appeal to income-focused investors. Dividend stocks article
• Negative Sentiment: Walmart is gaining shoppers across income groups, highlighting competition for the same big-box customers. This could make it harder for Lowe’s and other retailers to win spending, though the article does not report a specific change in Lowe’s performance. Big-box retailer competition article

Lowe’s Companies Profile

Lowe’s Companies, Inc. is a home improvement retailer serving homeowners, do-it-yourself customers and professional contractors. The company sells products for construction, maintenance, repair and renovation through its retail stores and online channels. Its offerings include appliances, tools, hardware, lumber and building materials, paint, plumbing and electrical supplies, and products for lawn and garden. Lowe’s also provides services such as installation and other project support. Founded in 1921 in North Wilkesboro, North Carolina, Lowe’s has grown into a major retailer operating across the United States.