Lowe’s Companies, Inc. $LOW Stock Holdings Decreased by Stableford Capital II LLC

Stableford Capital II LLC lowered its position in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 59.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,282 shares of the home improvement retailer’s stock after selling 6,256 shares during the quarter. Stableford Capital II LLC’s holdings in Lowe’s Companies were worth $1,033,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in LOW. Vanguard Group Inc. grew its position in Lowe’s Companies by 0.6% during the 3rd quarter. Vanguard Group Inc. now owns 55,306,162 shares of the home improvement retailer’s stock worth $13,898,992,000 after purchasing an additional 329,807 shares in the last quarter. State Street Corp lifted its holdings in shares of Lowe’s Companies by 0.5% in the third quarter. State Street Corp now owns 25,036,276 shares of the home improvement retailer’s stock valued at $6,291,867,000 after purchasing an additional 124,501 shares in the last quarter. Norges Bank acquired a new stake in shares of Lowe’s Companies in the second quarter worth $1,773,624,000. Northern Trust Corp grew its holdings in shares of Lowe’s Companies by 1.5% during the third quarter. Northern Trust Corp now owns 6,830,080 shares of the home improvement retailer’s stock valued at $1,716,467,000 after buying an additional 103,827 shares in the last quarter. Finally, Invesco Ltd. raised its position in Lowe’s Companies by 5.2% during the third quarter. Invesco Ltd. now owns 4,830,373 shares of the home improvement retailer’s stock valued at $1,213,921,000 after buying an additional 240,123 shares during the period. Hedge funds and other institutional investors own 74.06% of the company’s stock.

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 on Friday, January 9th. The shares were sold at an average price of $261.17, for a total transaction of $4,701,060.00. Following the transaction, the chief executive officer owned 231,043 shares in the company, valued at approximately $60,341,500.31. This trade represents a 7.23% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.27% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

LOW has been the subject of a number of research reports. DA Davidson restated a “neutral” rating and set a $275.00 price objective on shares of Lowe’s Companies in a research report on Thursday, February 26th. Guggenheim increased their price target on shares of Lowe’s Companies from $280.00 to $300.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. Jefferies Financial Group restated a “buy” rating and set a $305.00 price target on shares of Lowe’s Companies in a report on Wednesday, February 25th. Mizuho upped their price objective on shares of Lowe’s Companies from $272.00 to $294.00 and gave the company an “outperform” rating in a research note on Friday, February 27th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Lowe’s Companies from $300.00 to $325.00 and gave the company an “overweight” rating in a research note on Monday, February 9th. Twenty-two analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $289.76.

Lowe’s Companies Price Performance

LOW opened at $236.16 on Friday. The company has a market capitalization of $132.26 billion, a PE ratio of 19.93, a price-to-earnings-growth ratio of 5.13 and a beta of 0.98. Lowe’s Companies, Inc. has a fifty-two week low of $206.38 and a fifty-two week high of $293.06. The business has a 50-day moving average of $263.38 and a 200-day moving average of $252.52.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings data 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. The firm had revenue of $20.59 billion for the quarter, compared to the consensus estimate of $20.34 billion. Lowe’s Companies had a negative return on equity of 61.40% and a net margin of 7.71%.The firm’s revenue was up 10.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.93 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. On average, equities research analysts expect that Lowe’s Companies, Inc. will post 11.9 earnings per share for the current fiscal year.

Lowe’s Companies Dividend Announcement

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

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.