Lowe’s Companies (NYSE:LOW) Reaches New 1-Year Low – Time to Sell?

Lowe’s Companies, Inc. (NYSE:LOW) shares hit a new 52-week low during trading on Tuesday . The company traded as low as $194.86 and last traded at $195.3280, with a volume of 215331 shares traded. The stock had previously closed at $198.17.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on LOW shares. Mizuho lowered their price objective on Lowe’s Companies from $280.00 to $250.00 and set an “outperform” rating on the stock in a research report on Thursday, August 20th. Gordon Haskett reduced their target price 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. TD Cowen restated a “hold” rating and set a $235.00 target price on shares of Lowe’s Companies in a research note on Thursday, August 20th. Wells Fargo & Company lowered their price target on shares of Lowe’s Companies from $255.00 to $245.00 and set an “overweight” rating on the stock in a report on Tuesday, August 11th. Finally, Citigroup dropped their price target on shares of Lowe’s Companies from $267.00 to $260.00 and set a “buy” rating for the company in a research report on Thursday, August 20th. Twenty-three research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $257.63.

Lowe’s Companies Stock Down 0.3%

The company has a market cap of $108.91 billion, a PE ratio of 16.41, a P/E/G ratio of 2.59 and a beta of 0.85. The stock’s 50 day moving average is $209.66 and its 200-day moving average is $223.15.

Lowe’s Companies (NYSE:LOW) last issued its quarterly earnings data on Wednesday, August 19th. The home improvement retailer reported $4.40 EPS for the quarter, topping analysts’ consensus estimates of $4.22 by $0.18. Lowe’s Companies had a net margin of 7.34% and a negative return on equity of 75.67%. The business had revenue of $25.96 billion during the quarter, compared to analysts’ expectations of $26.13 billion. During the same period last year, the company posted $4.33 EPS. The business’s revenue was up 8.3% on a year-over-year basis. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. On average, analysts anticipate that Lowe’s Companies, Inc. will post 12.26 EPS for the current fiscal year.

Lowe’s Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 4th. Investors of record on Wednesday, October 21st will be given a $1.25 dividend. The ex-dividend date is Wednesday, October 21st. This represents a $5.00 annualized dividend and a yield of 2.6%. Lowe’s Companies’s dividend payout ratio (DPR) is currently 42.27%.

Institutional Investors Weigh In On Lowe’s Companies

Several large investors have recently added to or reduced their stakes in the stock. Natixis Advisors LLC grew its position in Lowe’s Companies by 3.5% during the 4th quarter. Natixis Advisors LLC now owns 630,956 shares of the home improvement retailer’s stock worth $152,161,000 after purchasing an additional 21,119 shares during the last quarter. Bridges Investment Management Inc. raised its holdings in shares of Lowe’s Companies by 6.1% in the fourth quarter. Bridges Investment Management Inc. now owns 446,441 shares of the home improvement retailer’s stock worth $107,664,000 after buying an additional 25,609 shares during the last quarter. Kathmere Capital Management LLC lifted its stake in shares of Lowe’s Companies by 133.9% during the first quarter. Kathmere Capital Management LLC now owns 9,402 shares of the home improvement retailer’s stock worth $2,222,000 after buying an additional 5,383 shares during the period. Glenview Trust Co lifted its stake in shares of Lowe’s Companies by 9.0% during the fourth quarter. Glenview Trust Co now owns 207,797 shares of the home improvement retailer’s stock worth $50,112,000 after buying an additional 17,225 shares during the period. Finally, LPL Financial LLC lifted its stake in shares of Lowe’s Companies by 2.3% during the fourth quarter. LPL Financial LLC now owns 993,332 shares of the home improvement retailer’s stock worth $239,552,000 after buying an additional 22,175 shares during the period. 74.06% of the stock is owned by institutional investors.

About Lowe’s Companies

Lowe’s Companies, Inc is a home improvement retailer that serves homeowners, renters, and professional contractors primarily through stores and digital platforms in the United States. The company sells a broad selection of products for maintenance, repair, remodeling, and construction projects.

Its merchandise includes appliances, tools, hardware, lumber, building materials, plumbing and electrical supplies, paint, flooring, lighting, kitchen and bathroom products, outdoor living items, lawn and garden products, and seasonal goods.