Lowe’s Companies, Inc. $LOW Stake Raised by William Allan Corp

William Allan Corp lifted its holdings in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 48.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,576 shares of the home improvement retailer’s stock after buying an additional 2,793 shares during the quarter. William Allan Corp’s holdings in Lowe’s Companies were worth $1,580,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of LOW. Mather Group LLC. boosted its position in shares of Lowe’s Companies by 6.3% in the 3rd quarter. Mather Group LLC. now owns 77,029 shares of the home improvement retailer’s stock worth $14,196,000 after purchasing an additional 4,559 shares during the last quarter. West Wealth Group LLC grew its stake in shares of Lowe’s Companies by 10.1% during the third quarter. West Wealth Group LLC now owns 1,374 shares of the home improvement retailer’s stock worth $253,000 after purchasing an additional 126 shares during the period. Strategy Asset Managers LLC grew its stake in shares of Lowe’s Companies by 13.8% during the third quarter. Strategy Asset Managers LLC now owns 2,157 shares of the home improvement retailer’s stock worth $397,000 after purchasing an additional 261 shares during the period. Sanders Morris Harris LLC acquired a new stake in shares of Lowe’s Companies during the third quarter worth $3,060,000. Finally, Adirondack Trust Co. increased its holdings in Lowe’s Companies by 8.2% in the third quarter. Adirondack Trust Co. now owns 2,600 shares of the home improvement retailer’s stock valued at $479,000 after purchasing an additional 197 shares during the last quarter. 74.06% of the stock is owned by institutional investors.

Lowe’s Companies News Roundup

Here are the key news stories impacting Lowe’s Companies this week:

• Positive Sentiment: Lowe’s dividend remains a key attraction. The company has roughly doubled its quarterly payout since 2021, supported by a resilient store network, strong customer relationships and growing exposure to professional contractors. Lowe’s Dividend Sustainability Looks Solid, but Returns Face a Test
• Positive Sentiment: The retailer is investing approximately $542 million in digital and fulfillment capabilities and using its Mylow artificial-intelligence assistant, e-commerce upgrades and extended holiday promotions to improve customer engagement and support sales growth. Lowe’s AI-Driven Holiday Push and E-Commerce Spend Might Change The Case For Investing In Lowe’s Companies (LOW)
• Positive Sentiment: Traeger’s planned Lowe’s rollout in 2027 could provide an additional merchandise and vendor opportunity, although the financial impact is still prospective. Traeger: Waiting For The Lowe’s Rollout In 2027

Analysts Set New Price Targets

Several equities analysts have weighed in on LOW shares. Wells Fargo & Company cut their target price on Lowe’s Companies from $255.00 to $245.00 and set an “overweight” rating on the stock in a research note on Tuesday, August 11th. DA Davidson restated a “neutral” rating and set a $245.00 target price on shares of Lowe’s Companies in a report on Wednesday, August 19th. Gordon Haskett lowered Lowe’s Companies from a “buy” rating to a “hold” rating and set a $200.00 target price for the company. in a research report on Thursday, September 24th. JPMorgan Chase & Co. lowered their price target on Lowe’s Companies from $279.00 to $252.00 and set an “overweight” rating for the company in a research note on Friday, July 31st. Finally, Telsey Advisory Group lowered their price target on Lowe’s Companies from $280.00 to $260.00 and set an “outperform” rating for the company in a research note on Thursday, August 20th. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $254.29.

Lowe’s Companies Stock Performance

NYSE:LOW opened at $188.36 on Thursday. The stock has a 50-day simple moving average of $200.41 and a 200 day simple moving average of $215.19. Lowe’s Companies, Inc. has a 52-week low of $178.45 and a 52-week high of $293.06. The company has a market cap of $105.68 billion, a PE ratio of 15.92, a PEG ratio of 1.58 and a beta of 0.89.

Lowe’s Companies (NYSE:LOW) last released its earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 EPS for the quarter, beating the consensus estimate of $4.22 by $0.18. The firm had revenue of $25.96 billion for the quarter, compared to analysts’ expectations of $26.13 billion. Lowe’s Companies had a negative return on equity of 75.67% and a net margin of 7.34%. The business’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $4.33 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. On average, research analysts predict that Lowe’s Companies, Inc. will post 12.26 earnings per share for the current fiscal year.

Lowe’s Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 4th. Stockholders of record on Wednesday, October 21st will be issued a $1.25 dividend. The ex-dividend date is Wednesday, October 21st. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.7%. Lowe’s Companies’s dividend payout ratio (DPR) is 42.27%.

About Lowe’s Companies

Lowe’s Companies, Inc is a home improvement retailer serving homeowners, renters, and professional contractors primarily in the United States. The company operates through a network of retail stores and digital channels, offering products and services for home repair, maintenance, remodeling, construction, and outdoor living.

Its merchandise includes appliances, tools, hardware, lumber, building materials, plumbing and electrical supplies, paint, flooring, kitchen and bath products, lighting, home décor, lawn and garden equipment, and seasonal goods.