Focus Partners Wealth Has $65.75 Million Stake in Lowe’s Companies, Inc. $LOW

Focus Partners Wealth trimmed its position in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 0.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 261,658 shares of the home improvement retailer’s stock after selling 2,219 shares during the quarter. Focus Partners Wealth’s holdings in Lowe’s Companies were worth $65,749,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Waterloo Capital L.P. grew its stake in shares of Lowe’s Companies by 1.2% during the 2nd quarter. Waterloo Capital L.P. now owns 3,455 shares of the home improvement retailer’s stock worth $767,000 after acquiring an additional 41 shares in the last quarter. TruWealth Advisors LLC raised its holdings in shares of Lowe’s Companies by 2.7% in the 3rd quarter. TruWealth Advisors LLC now owns 1,580 shares of the home improvement retailer’s stock valued at $397,000 after purchasing an additional 42 shares during the period. Cypress Wealth Services LLC raised its stake in Lowe’s Companies by 2.0% in the third quarter. Cypress Wealth Services LLC now owns 2,191 shares of the home improvement retailer’s stock valued at $551,000 after buying an additional 42 shares during the period. Hidden Cove Wealth Management LLC raised its stake in Lowe’s Companies by 4.6% in the 3rd quarter. Hidden Cove Wealth Management LLC now owns 960 shares of the home improvement retailer’s stock valued at $241,000 after acquiring an additional 42 shares during the period. Finally, Roble Belko & Company Inc raised its position in shares of Lowe’s Companies by 21.4% in the third quarter. Roble Belko & Company Inc now owns 250 shares of the home improvement retailer’s stock valued at $63,000 after purchasing an additional 44 shares during the period. 74.06% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Lowe’s Companies news, CEO Marvin R. Ellison sold 18,000 shares of the firm’s stock in a transaction dated 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 sale, the chief executive officer owned 231,043 shares in the company, valued at $60,341,500.31. This trade represents a 7.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.27% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

LOW has been the topic of a number of recent research reports. Oppenheimer lowered their price target on shares of Lowe’s Companies from $320.00 to $315.00 and set an “outperform” rating on the stock in a research report on Friday, December 5th. Gordon Haskett reduced their target price on Lowe’s Companies from $325.00 to $300.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. HSBC lowered their price target on Lowe’s Companies from $285.00 to $263.00 and set a “hold” rating for the company in a report on Friday, November 21st. Wolfe Research reduced their price objective on Lowe’s Companies from $285.00 to $284.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 4th. Finally, Sanford C. Bernstein decreased their target price on Lowe’s Companies from $313.00 to $303.00 and set an “outperform” rating on the stock in a research report on Thursday, February 26th. Twenty-one analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $289.76.

Lowe’s Companies Stock Performance

Shares of LOW stock opened at $242.30 on Tuesday. The firm has a market cap of $135.92 billion, a price-to-earnings ratio of 20.45, a P/E/G ratio of 5.16 and a beta of 0.98. Lowe’s Companies, Inc. has a 52 week low of $206.38 and a 52 week high of $293.06. The firm’s 50-day simple moving average is $268.34 and its two-hundred day simple moving average is $254.00.

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

Lowe’s Companies Company 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.