National Pension Service Increases Stake in Lowe’s Companies, Inc. $LOW

National Pension Service increased its holdings in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 1.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,306,381 shares of the home improvement retailer’s stock after buying an additional 19,599 shares during the period. National Pension Service’s holdings in Lowe’s Companies were worth $315,047,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. Providence Wealth Advisors LLC increased its stake in Lowe’s Companies by 0.5% during the 4th quarter. Providence Wealth Advisors LLC now owns 7,969 shares of the home improvement retailer’s stock worth $1,959,000 after buying an additional 36 shares during the period. 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 worth $2,503,000 after acquiring an additional 38 shares in the last quarter. Walkner Condon Financial Advisors LLC grew its holdings in Lowe’s Companies by 4.3% during the 4th quarter. Walkner Condon Financial Advisors LLC now owns 945 shares of the home improvement retailer’s stock worth $228,000 after acquiring an additional 39 shares in the last quarter. Berger Financial Group Inc grew its holdings in Lowe’s Companies by 3.6% during the 4th quarter. Berger Financial Group Inc now owns 1,165 shares of the home improvement retailer’s stock worth $281,000 after acquiring an additional 40 shares in the last quarter. Finally, S&CO Inc. grew its holdings in Lowe’s Companies by 0.6% during the 4th quarter. S&CO Inc. now owns 6,403 shares of the home improvement retailer’s stock worth $1,544,000 after acquiring an additional 40 shares in the last quarter. 74.06% of the stock is owned by hedge funds and other institutional investors.

Lowe’s Companies Trading Up 0.4%

Shares of Lowe’s Companies stock opened at $217.80 on Friday. The company has a fifty day simple moving average of $232.82 and a 200-day simple moving average of $247.59. Lowe’s Companies, Inc. has a 12-month low of $208.00 and a 12-month high of $293.06. The stock has a market cap of $121.98 billion, a price-to-earnings ratio of 18.41, a PEG ratio of 4.70 and a beta of 0.91.

Lowe’s Companies (NYSE:LOW) last issued its earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.97 by $0.06. Lowe’s Companies had a net margin of 7.51% and a negative return on equity of 67.96%. The business had revenue of $23.08 billion during the quarter, compared to analysts’ expectations of $22.98 billion. During the same quarter in the prior year, the business posted $2.92 EPS. The company’s revenue for the quarter was up 10.3% on a year-over-year basis. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. On average, analysts forecast that Lowe’s Companies, Inc. will post 12.5 earnings per share for the current fiscal year.

Lowe’s Companies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Wednesday, April 22nd were issued a $1.20 dividend. The ex-dividend date was Wednesday, April 22nd. This represents a $4.80 annualized dividend and a dividend yield of 2.2%. Lowe’s Companies’s dividend payout ratio is presently 40.57%.

Analyst Ratings Changes

LOW has been the subject of several analyst reports. KGI Securities initiated coverage on shares of Lowe’s Companies in a report on Tuesday, March 10th. They set a “neutral” rating and a $255.00 price target for the company. Wells Fargo & Company lowered their price target on shares of Lowe’s Companies from $260.00 to $255.00 and set an “overweight” rating for the company in a report on Thursday, May 21st. TD Cowen lowered their price target on shares of Lowe’s Companies from $280.00 to $235.00 and set a “hold” rating for the company in a report on Thursday, May 21st. Gordon Haskett lowered their price target on shares of Lowe’s Companies from $280.00 to $250.00 and set a “buy” rating for the company in a report on Thursday, May 21st. Finally, JPMorgan Chase & Co. lowered their price target on shares of Lowe’s Companies from $325.00 to $279.00 and set an “overweight” rating for the company in a report on Thursday, May 21st. Twenty-three equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Lowe’s Companies presently has an average rating of “Moderate Buy” and a consensus price target of $264.57.

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.