S.E.E.D. Planning Group LLC Raises Holdings in Lowe’s Companies, Inc. $LOW

S.E.E.D. Planning Group LLC increased its stake in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 9.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 33,380 shares of the home improvement retailer’s stock after acquiring an additional 2,905 shares during the period. Lowe’s Companies comprises 2.3% of S.E.E.D. Planning Group LLC’s holdings, making the stock its 19th largest position. S.E.E.D. Planning Group LLC’s holdings in Lowe’s Companies were worth $8,050,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Charles Schwab Trust Co increased its holdings in shares of Lowe’s Companies by 8.2% during the 4th quarter. Charles Schwab Trust Co now owns 1,108 shares of the home improvement retailer’s stock valued at $267,000 after purchasing an additional 84 shares in the last quarter. Hardin Capital Partners LLC boosted its holdings in Lowe’s Companies by 24.5% during the fourth quarter. Hardin Capital Partners LLC now owns 429,902 shares of the home improvement retailer’s stock worth $103,675,000 after buying an additional 84,588 shares in the last quarter. Tompkins Financial Corp boosted its holdings in Lowe’s Companies by 1.7% during the fourth quarter. Tompkins Financial Corp now owns 3,486 shares of the home improvement retailer’s stock worth $841,000 after buying an additional 59 shares in the last quarter. Norway Savings Bank grew its position in Lowe’s Companies by 5.9% during the fourth quarter. Norway Savings Bank now owns 10,452 shares of the home improvement retailer’s stock valued at $2,521,000 after buying an additional 584 shares during the period. Finally, Baker Tilly Wealth Management LLC grew its position in Lowe’s Companies by 14.0% during the fourth quarter. Baker Tilly Wealth Management LLC now owns 2,107 shares of the home improvement retailer’s stock valued at $508,000 after buying an additional 258 shares during the period. 74.06% of the stock is currently owned by hedge funds and other institutional investors.

Lowe’s Companies Stock Up 4.3%

LOW opened at $234.33 on Tuesday. The firm’s fifty day simple moving average is $265.77 and its two-hundred day simple moving average is $253.00. Lowe’s Companies, Inc. has a 52-week low of $206.38 and a 52-week high of $293.06. The company has a market cap of $131.44 billion, a price-to-earnings ratio of 19.77, a PEG ratio of 4.88 and a beta of 0.98.

Lowe’s Companies (NYSE:LOW) last released its earnings results on Wednesday, February 25th. The home improvement retailer reported $1.98 EPS for the quarter, topping analysts’ consensus estimates of $1.94 by $0.04. Lowe’s Companies had a net margin of 7.71% and a negative return on equity of 61.40%. The business had revenue of $20.59 billion during the quarter, compared to analysts’ expectations of $20.34 billion. During the same quarter in the previous year, the company earned $1.93 earnings per share. The company’s quarterly revenue was up 10.9% on a year-over-year basis. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. On average, research analysts forecast that Lowe’s Companies, Inc. will post 11.9 EPS for the current year.

Lowe’s Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 6th. Shareholders of record on Wednesday, April 22nd will be paid a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a yield of 2.0%. The ex-dividend date is Wednesday, April 22nd. Lowe’s Companies’s payout ratio is 40.51%.

Insider Activity at Lowe’s Companies

In other news, CEO Marvin R. Ellison sold 18,000 shares of the firm’s stock in a transaction that occurred on Friday, January 9th. The stock was sold at an average price of $261.17, for a total value of $4,701,060.00. Following the transaction, 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 legal filing with the SEC, which is available through this link. 0.27% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research analysts have weighed in on LOW shares. Citigroup upped their price objective on shares of Lowe’s Companies from $250.00 to $285.00 and gave the stock a “neutral” rating in a research report on Thursday, February 12th. Sanford C. Bernstein dropped 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. The Goldman Sachs Group lifted their price target on Lowe’s Companies from $283.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, February 26th. Barclays raised Lowe’s Companies from an “equal weight” rating to an “overweight” rating and set a $285.00 price target for the company in a report on Wednesday, January 7th. Finally, Telsey Advisory Group increased their price target on Lowe’s Companies from $285.00 to $295.00 and gave the stock an “outperform” rating in a research report on Thursday, February 26th. Twenty-one equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $289.76.

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.