79,500 Shares in Lowe’s Companies, Inc. $LOW Bought by Nan Fung Trinity HK Ltd.

Nan Fung Trinity HK Ltd. acquired a new stake in shares of Lowe’s Companies, Inc. (NYSE:LOW) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 79,500 shares of the home improvement retailer’s stock, valued at approximately $14,651,000. Lowe’s Companies makes up approximately 1.4% of Nan Fung Trinity HK Ltd.’s holdings, making the stock its 27th largest position.

A number of other large investors have also added to or reduced their stakes in LOW. Juno Financial Group LLC grew its stake in shares of Lowe’s Companies by 0.4% in the first quarter. Juno Financial Group LLC now owns 11,889 shares of the home improvement retailer’s stock worth $2,809,000 after acquiring an additional 43 shares during the last quarter. Spinnaker Trust boosted its stake in Lowe’s Companies by 3.7% in the 2nd quarter. Spinnaker Trust now owns 1,345 shares of the home improvement retailer’s stock worth $297,000 after purchasing an additional 48 shares in the last quarter. Roxbury Financial LLC boosted its stake in Lowe’s Companies by 0.8% in the 2nd quarter. Roxbury Financial LLC now owns 6,359 shares of the home improvement retailer’s stock worth $1,402,000 after purchasing an additional 52 shares in the last quarter. Cordgrass Capital Advisors LLC boosted its stake in Lowe’s Companies by 1.2% in the 3rd quarter. Cordgrass Capital Advisors LLC now owns 4,486 shares of the home improvement retailer’s stock worth $827,000 after purchasing an additional 52 shares in the last quarter. Finally, Carson Advisory Inc. grew its position in Lowe’s Companies by 1.9% during the 1st quarter. Carson Advisory Inc. now owns 2,882 shares of the home improvement retailer’s stock valued at $681,000 after purchasing an additional 53 shares during the last quarter. Hedge funds and other institutional investors own 74.06% of the company’s stock.

Recent Lowe’s Companies Headlines

These are some of the LOW headlines that stood out recently:

• Positive Sentiment: Lowe’s is partnering exclusively with Bilt, connecting its products, rewards and home services to Bilt’s 8 million members through the Bilt app. The expanded loyalty and customer-reach opportunity could support sales. Article: Lowe’s Ties Rewards and Home Services to an 8 Million Member Platform
• Positive Sentiment: Sanford C. Bernstein and JPMorgan Chase raised their price targets on LOW, providing a favorable analyst signal, although the available reports do not specify the new targets. Article: Bernstein Price Target Boost Article: JPMorgan Price Target Bump
• Neutral Sentiment: Analyst previews point to a possible third-quarter earnings beat, citing an Earnings ESP of +0.59%, Pro demand and digital growth. Lowe’s is scheduled to report on Nov. 18; the results and management’s outlook may be more consequential than the beat potential alone. Article: What’s Lowe’s Probability of an Earnings Beat This Season?

Analyst Ratings Changes

LOW has been the subject of a number of analyst reports. Gordon Haskett lowered 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 research note on Thursday, September 24th. TD Cowen reiterated a “hold” rating and issued a $235.00 target price on shares of Lowe’s Companies in a research note on Thursday, August 20th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $231.00 price target on shares of Lowe’s Companies in a report on Thursday, August 20th. Melius Research set a $244.00 price target on shares of Lowe’s Companies in a research report on Tuesday, October 6th. Finally, JPMorgan Chase & Co. raised their price target on shares of Lowe’s Companies from $252.00 to $275.00 and gave the company an “overweight” rating in a research report on Monday. One equities 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’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $254.74.

Lowe’s Companies Price Performance

Shares of NYSE:LOW opened at $227.66 on Friday. Lowe’s Companies, Inc. has a 1 year low of $178.45 and a 1 year high of $293.06. The company has a market cap of $127.73 billion, a P/E ratio of 19.24, a PEG ratio of 1.99 and a beta of 0.81. The stock’s fifty day moving average price is $199.39 and its 200-day moving average price is $224.22.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings data on Wednesday, August 19th. The home improvement retailer reported $4.40 EPS for the quarter, topping the consensus estimate of $4.22 by $0.18. Lowe’s Companies had a negative return on equity of 75.67% and a net margin of 7.34%. The company had revenue of $25.96 billion during the quarter, compared to the consensus estimate of $26.13 billion. During the same period last year, the company earned $4.33 EPS. Lowe’s Companies’s revenue for the quarter 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, sell-side analysts anticipate that Lowe’s Companies, Inc. will post 12.26 earnings per share for the current year.

Lowe’s Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 4th. Stockholders of record on Wednesday, October 21st were issued a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Wednesday, October 21st. Lowe’s Companies’s dividend payout ratio (DPR) is presently 42.27%.

About Lowe’s Companies

Lowe’s Companies, Inc. is a home improvement retailer serving homeowners, do-it-yourself customers and professional contractors. The company sells products for construction, maintenance, repair and renovation through its retail stores and online channels. Its offerings include appliances, tools, hardware, lumber and building materials, paint, plumbing and electrical supplies, and products for lawn and garden. Lowe’s also provides services such as installation and other project support. Founded in 1921 in North Wilkesboro, North Carolina, Lowe’s has grown into a major retailer operating across the United States.