KGI Securities Begins Coverage on Lowe’s Companies (NYSE:LOW)

Equities researchers at KGI Securities began coverage on shares of Lowe’s Companies (NYSE:LOW) in a research report issued on Tuesday,Benzinga reports. The firm set a “neutral” rating and a $255.00 price target on the home improvement retailer’s stock. KGI Securities’ target price would indicate a potential upside of 1.13% from the stock’s previous close.

A number of other research analysts also recently commented on LOW. Jefferies Financial Group reissued a “buy” rating and issued a $305.00 price objective on shares of Lowe’s Companies in a research report on Wednesday, February 25th. TD Cowen lowered their price target on Lowe’s Companies from $295.00 to $280.00 and set a “hold” rating on the stock in a research report on Thursday, February 26th. Evercore dropped their price objective on Lowe’s Companies from $270.00 to $260.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 3rd. JPMorgan Chase & Co. lifted their target price on Lowe’s Companies from $300.00 to $325.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. Finally, Sanford C. Bernstein cut their price target on Lowe’s Companies from $313.00 to $303.00 and set an “outperform” rating for the company in a report on Thursday, February 26th. Twenty-one investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $289.76.

Lowe’s Companies Stock Performance

NYSE LOW traded up $1.92 during trading hours on Tuesday, hitting $252.14. 295,983 shares of the company traded hands, compared to its average volume of 2,866,813. The business’s 50-day moving average is $268.33 and its 200-day moving average is $254.56. The stock has a market capitalization of $141.44 billion, a price-to-earnings ratio of 21.27, a P/E/G ratio of 5.47 and a beta of 0.98. Lowe’s Companies has a twelve month low of $206.38 and a twelve month high of $293.06.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings data on Wednesday, February 25th. The home improvement retailer reported $1.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.94 by $0.04. Lowe’s Companies had a negative return on equity of 61.40% and a net margin of 7.71%.The company had revenue of $20.58 billion for the quarter, compared to analysts’ expectations of $20.34 billion. During the same quarter in the prior year, the business posted $1.93 EPS. The business’s revenue was up 10.9% compared to the same quarter last year. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. Analysts predict that Lowe’s Companies will post 11.9 EPS for the current year.

Insider Buying and Selling at Lowe’s Companies

In other news, CEO Marvin R. Ellison sold 18,000 shares of Lowe’s Companies stock in a transaction on Friday, January 9th. The stock was sold at an average price of $261.17, for a total transaction of $4,701,060.00. Following the completion of the sale, the chief executive officer owned 231,043 shares of the company’s stock, valued at approximately $60,341,500.31. This trade represents a 7.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.27% of the company’s stock.

Institutional Trading of Lowe’s Companies

A number of institutional investors have recently bought and sold shares of the business. Providence Wealth Advisors LLC increased its position in Lowe’s Companies by 0.5% during the fourth quarter. Providence Wealth Advisors LLC now owns 7,969 shares of the home improvement retailer’s stock valued at $1,959,000 after acquiring an additional 36 shares during the last quarter. Rather & Kittrell Inc. grew its holdings in Lowe’s Companies by 0.4% during the 4th quarter. Rather & Kittrell Inc. now owns 10,379 shares of the home improvement retailer’s stock valued at $2,503,000 after purchasing an additional 38 shares during the last quarter. First Command Advisory Services Inc. raised its position in Lowe’s Companies by 1.3% in the 4th quarter. First Command Advisory Services Inc. now owns 2,947 shares of the home improvement retailer’s stock worth $711,000 after purchasing an additional 38 shares during the period. Walkner Condon Financial Advisors LLC lifted its stake in Lowe’s Companies by 4.3% in the fourth quarter. Walkner Condon Financial Advisors LLC now owns 945 shares of the home improvement retailer’s stock worth $228,000 after purchasing an additional 39 shares during the last quarter. Finally, Smithbridge Asset Management Inc. DE boosted its position in shares of Lowe’s Companies by 1.1% during the fourth quarter. Smithbridge Asset Management Inc. DE now owns 3,723 shares of the home improvement retailer’s stock valued at $898,000 after buying an additional 39 shares during the period. Institutional investors own 74.06% of the company’s stock.

About Lowe’s Companies

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.