Teachers Retirement System of The State of Kentucky Boosts Holdings in Lowe’s Companies, Inc. $LOW

Teachers Retirement System of The State of Kentucky raised its position in Lowe’s Companies, Inc. (NYSE:LOW) by 86.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 82,756 shares of the home improvement retailer’s stock after acquiring an additional 38,338 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Lowe’s Companies were worth $20,797,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Activest Wealth Management increased its position in Lowe’s Companies by 78.5% during the 3rd quarter. Activest Wealth Management now owns 116 shares of the home improvement retailer’s stock valued at $29,000 after buying an additional 51 shares in the last quarter. Howard Hughes Medical Institute purchased a new stake in shares of Lowe’s Companies during the second quarter worth about $27,000. Traub Capital Management LLC acquired a new position in shares of Lowe’s Companies during the second quarter valued at about $30,000. Vermillion & White Wealth Management Group LLC raised its position in shares of Lowe’s Companies by 128.8% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 135 shares of the home improvement retailer’s stock valued at $30,000 after purchasing an additional 76 shares during the last quarter. Finally, Guerra Advisors Inc acquired a new stake in Lowe’s Companies in the 3rd quarter worth approximately $35,000. 74.06% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have issued reports on LOW shares. JPMorgan Chase & Co. upped their price target on shares of Lowe’s Companies from $300.00 to $325.00 and gave the company an “overweight” rating in a research note on Monday, February 9th. Telsey Advisory Group boosted their price objective on shares of Lowe’s Companies from $285.00 to $295.00 and gave the company an “outperform” rating in a report on Thursday, February 26th. Wells Fargo & Company raised their target price on Lowe’s Companies from $280.00 to $290.00 and gave the stock an “overweight” rating in a research note on Thursday, February 26th. Jefferies Financial Group reaffirmed a “buy” rating and set a $305.00 price target on shares of Lowe’s Companies in a research report on Wednesday, February 25th. Finally, Mizuho increased their price objective on Lowe’s Companies from $272.00 to $294.00 and gave the company an “outperform” rating in a report on Friday, February 27th. Twenty-one equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $291.64.

Lowe’s Companies Trading Up 0.2%

Shares of NYSE:LOW opened at $257.64 on Wednesday. Lowe’s Companies, Inc. has a 12-month low of $206.38 and a 12-month high of $293.06. The business has a 50 day moving average of $267.50 and a two-hundred day moving average of $254.60. The company has a market capitalization of $144.52 billion, a PE ratio of 21.74, a PEG ratio of 5.58 and a beta of 0.98.

Lowe’s Companies (NYSE:LOW) last posted its earnings results on Wednesday, February 25th. The home improvement retailer reported $1.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.94 by $0.04. The firm had revenue of $20.58 billion during the quarter, compared to analysts’ expectations of $20.34 billion. Lowe’s Companies had a net margin of 7.71% and a negative return on equity of 61.40%. The business’s revenue was up 10.9% compared to the same quarter last year. During the same period in the previous year, the business posted $1.93 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. Equities research analysts predict that Lowe’s Companies, Inc. will post 11.9 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Lowe’s Companies news, CEO Marvin R. Ellison sold 18,000 shares of the stock in a transaction that occurred on Friday, January 9th. The stock was sold at an average price of $261.17, for a total transaction of $4,701,060.00. Following the transaction, the chief executive officer owned 231,043 shares in the company, valued at approximately $60,341,500.31. This represents a 7.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.27% of the company’s stock.

Lowe’s Companies Profile

Lowe’s Companies, Inc is a leading home improvement retailer that operates large-format stores and digital channels serving both do-it-yourself homeowners and professional contractors. The company offers a broad assortment of products including building materials, lumber, appliances, tools and hardware, plumbing and electrical supplies, paint, flooring, kitchen and bath fixtures, outdoor and garden products, and home decor. Lowe’s also provides a range of services such as installation, home improvement financing, tool and equipment rental, and contractor-focused sales programs.

Operations are centered on a nationwide brick-and-mortar store network supported by distribution centers and an e-commerce platform that enables online ordering, delivery and in-store pickup.