4,951 Shares in Lowe’s Companies, Inc. $LOW Purchased by Bernicke Wealth Management Ltd.

Bernicke Wealth Management Ltd. purchased a new position in shares of Lowe’s Companies, Inc. (NYSE:LOW) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 4,951 shares of the home improvement retailer’s stock, valued at approximately $912,000.

Other hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. lifted its holdings in Lowe’s Companies by 1.8% in the 2nd quarter. BlackRock Inc. now owns 40,545,728 shares of the home improvement retailer’s stock valued at $8,939,928,000 after purchasing an additional 714,092 shares in the last quarter. State Street Corp grew its holdings in shares of Lowe’s Companies by 3.6% during the second quarter. State Street Corp now owns 25,329,373 shares of the home improvement retailer’s stock worth $5,584,873,000 after buying an additional 880,815 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Lowe’s Companies by 1.4% during the second quarter. Bank of New York Mellon Corp now owns 4,104,782 shares of the home improvement retailer’s stock worth $905,063,000 after buying an additional 57,167 shares in the last quarter. Amundi grew its holdings in shares of Lowe’s Companies by 57.3% during the second quarter. Amundi now owns 2,892,868 shares of the home improvement retailer’s stock worth $637,848,000 after buying an additional 1,053,237 shares in the last quarter. Finally, Swiss National Bank raised its position in shares of Lowe’s Companies by 7.1% in the first quarter. Swiss National Bank now owns 1,646,320 shares of the home improvement retailer’s stock valued at $388,992,000 after buying an additional 109,520 shares during the last quarter. 74.06% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

LOW has been the subject of a number of recent research reports. TD Cowen reiterated a “hold” rating and issued a $235.00 target price on shares of Lowe’s Companies in a research report on Thursday, August 20th. Citigroup lowered their price target on shares of Lowe’s Companies from $267.00 to $260.00 and set a “buy” rating on the stock in a research report on Thursday, August 20th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $231.00 price objective on shares of Lowe’s Companies in a research note on Thursday, August 20th. UBS Group cut their price objective on shares of Lowe’s Companies from $285.00 to $275.00 and set a “buy” rating for the company in a report on Thursday, August 20th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Lowe’s Companies in a research note on Thursday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $254.58.

Top Lowe’s Companies Stories

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

• Positive Sentiment: Lowe’s declared a quarterly cash dividend of $1.25 per share, payable Feb. 3, 2027, to shareholders of record Jan. 20. The payout supports the stock’s appeal to income-focused investors. Lowe’s declares cash dividend
• Positive Sentiment: A Zacks preview points to a possible Q3 earnings beat, citing an Earnings ESP of 0.59%, with Pro demand and digital growth among potential supports. Lowe’s earnings beat probability
• Negative Sentiment: Stifel cut Lowe’s to Sell from Hold and lowered its price target to $190 from $195 ahead of earnings. The firm cited weaker DIY demand, margin pressure and the costs of investments to expand Lowe’s contractor business as it competes with Home Depot. Stifel downgrades Lowe’s

Lowe’s Companies Trading Up 0.1%

Lowe’s Companies stock opened at $227.72 on Friday. Lowe’s Companies, Inc. has a 12-month low of $178.45 and a 12-month high of $293.06. The stock has a market cap of $127.77 billion, a P/E ratio of 18.24, a PEG ratio of 1.95 and a beta of 0.81. The company has a 50-day moving average price of $199.90 and a 200 day moving average price of $223.99.

Lowe’s Companies (NYSE:LOW) last posted its earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share for the quarter, beating the consensus estimate of $4.22 by $0.18. The company had revenue of $25.96 billion for the quarter, compared to analyst estimates of $26.13 billion. Lowe’s Companies had a net margin of 7.34% and a negative return on equity of 75.67%. Lowe’s Companies’s revenue was up 8.3% on a year-over-year basis. During the same period 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. As a group, analysts forecast that Lowe’s Companies, Inc. will post 12.26 EPS for the current year.

Lowe’s Companies Announces Dividend

The company 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. The ex-dividend date was Wednesday, October 21st. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.2%. Lowe’s Companies’s dividend payout ratio (DPR) is currently 42.27%.

Lowe’s Companies Company Profile

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.