Lowe’s Companies, Inc. $LOW Shares Sold by Vontobel Holding Ltd.

Vontobel Holding Ltd. reduced its position in Lowe’s Companies, Inc. (NYSE:LOW) by 40.8% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 152,599 shares of the home improvement retailer’s stock after selling 105,068 shares during the period. Vontobel Holding Ltd.’s holdings in Lowe’s Companies were worth $28,122,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Sankala Group LLC bought a new position in Lowe’s Companies during the 4th quarter worth approximately $33,000. Markowski Investments acquired a new position in shares of Lowe’s Companies in the 2nd quarter worth approximately $33,000. IAG Wealth Partners LLC increased its holdings in shares of Lowe’s Companies by 178.6% in the 1st quarter. IAG Wealth Partners LLC now owns 156 shares of the home improvement retailer’s stock valued at $37,000 after acquiring an additional 100 shares during the last quarter. Miller Global Investments LLC bought a new stake in shares of Lowe’s Companies in the 3rd quarter valued at approximately $40,000. Finally, Lodestone Wealth Management LLC increased its holdings in shares of Lowe’s Companies by 95.6% in the 3rd quarter. Lodestone Wealth Management LLC now owns 221 shares of the home improvement retailer’s stock valued at $41,000 after acquiring an additional 108 shares during the last quarter. Institutional investors and hedge funds own 74.06% of the company’s stock.

Lowe’s Companies Stock Up 0.8%

Shares of NYSE:LOW traded up $1.50 during trading on Friday, hitting $197.22. 3,708,564 shares of the company traded hands, compared to its average volume of 3,432,308. The stock has a market capitalization of $110.65 billion, a price-to-earnings ratio of 16.67, a PEG ratio of 1.64 and a beta of 0.89. The business’s fifty day moving average is $199.44 and its 200-day moving average is $214.83. Lowe’s Companies, Inc. has a one year low of $178.45 and a one year high of $293.06.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share for the quarter, topping analysts’ consensus estimates of $4.22 by $0.18. The business 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% on a year-over-year basis. During the same period in the prior year, the firm earned $4.33 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. On average, analysts forecast that Lowe’s Companies, Inc. will post 12.26 EPS for the current year.

Lowe’s Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 4th. Investors of record on Wednesday, October 21st will be given a dividend of $1.25 per share. The ex-dividend date is Wednesday, October 21st. This represents a $5.00 dividend on an annualized basis and a yield of 2.5%. Lowe’s Companies’s payout ratio is currently 42.27%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Sanford C. Bernstein dropped their price target on Lowe’s Companies from $261.00 to $254.00 and set an “outperform” rating on the stock in a research report on Wednesday, September 9th. Morgan Stanley restated an “overweight” rating on shares of Lowe’s Companies in a research note on Thursday, August 20th. Citigroup decreased their price objective on shares of Lowe’s Companies from $267.00 to $260.00 and set a “buy” rating for the company in a report on Thursday, August 20th. Gordon Haskett downgraded shares of Lowe’s Companies from a “buy” rating to a “hold” rating and set a $200.00 price objective for the company. in a report on Thursday, September 24th. Finally, Telsey Advisory Group lowered their target price on shares of 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 research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $254.29.

Lowe’s Companies Company Profile

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.