470,000 Shares in Lowe’s Companies, Inc. $LOW Purchased by Holocene Advisors LP

Holocene Advisors LP acquired a new position in shares of Lowe’s Companies, Inc. (NYSE:LOW) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 470,000 shares of the home improvement retailer’s stock, valued at approximately $118,116,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Gotham Asset Management LLC grew its position in Lowe’s Companies by 98.0% during the third quarter. Gotham Asset Management LLC now owns 133,440 shares of the home improvement retailer’s stock valued at $33,535,000 after buying an additional 66,042 shares during the period. Fairfield Bush & CO. boosted its stake in shares of Lowe’s Companies by 0.9% during the 3rd quarter. Fairfield Bush & CO. now owns 16,527 shares of the home improvement retailer’s stock worth $4,153,000 after acquiring an additional 152 shares in the last quarter. Fayez Sarofim & Co boosted its stake in shares of Lowe’s Companies by 0.7% during the 3rd quarter. Fayez Sarofim & Co now owns 7,409 shares of the home improvement retailer’s stock worth $1,862,000 after acquiring an additional 49 shares in the last quarter. Elevation Point Wealth Partners LLC boosted its stake in shares of Lowe’s Companies by 18.7% during the 3rd quarter. Elevation Point Wealth Partners LLC now owns 10,637 shares of the home improvement retailer’s stock worth $2,673,000 after acquiring an additional 1,677 shares in the last quarter. Finally, EMG Holdings L.P. purchased a new position in shares of Lowe’s Companies in the 3rd quarter valued at about $2,513,000. 74.06% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Lowe’s Companies

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

• Positive Sentiment: Zacks Research raised select longer-term forecasts—notably lifting Q4 2028 and Q4 2027 quarter estimates and publishing a higher FY2029 EPS projection—supporting the view of continued multi-year earnings growth.
• Positive Sentiment: Publications/analysts continue to flag Lowe’s as a dividend/stability name (included among undervalued dividend aristocrat lists), which supports its defensive appeal to income-focused investors. KGI Securities Initiates Coverage on Lowe’s (LOW) with ‘Neutral’ Rating
• Neutral Sentiment: KGI Securities initiated coverage with a ‘Neutral’ rating—this is not a bullish endorsement and may cap near-term upside until the firm provides a price target or further updates. KGI Securities initiates coverage on Lowe’s (LOW) with ‘neutral’ rating
• Negative Sentiment: Zacks cut several near-term quarter and fiscal-year EPS estimates (multiple Q1–Q3 2027 and Q1–Q2 2028 entries, and reductions to FY2027/FY2028), which directly pressures short-term profit expectations and investor sentiment.
• Negative Sentiment: Broader market weakness after oil-price/inflation fears drove an S&P 500 selloff—these macro headwinds typically weigh on consumer and renovation spending, adding downward pressure to Lowe’s shares. The S&P 500’s 1.5% Selloff Is Driven By A Few Key Factors
• Negative Sentiment: Sector-level weakness: coverage on The Home Depot highlights a sluggish housing/renovation backdrop and notes that Lowe’s shares have pulled back alongside peers—this competitive/market environment reduces near-term demand for large renovation projects. Home Depot Stock Keeps Falling—Analysts Say the Upside Is Still There

Lowe’s Companies Trading Down 0.7%

LOW opened at $237.67 on Monday. Lowe’s Companies, Inc. has a 12-month low of $206.38 and a 12-month high of $293.06. The firm has a market cap of $133.32 billion, a price-to-earnings ratio of 20.06, a PEG ratio of 5.16 and a beta of 0.98. The stock’s 50-day moving average price is $268.39 and its 200 day moving average price is $254.11.

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

Analysts Set New Price Targets

LOW has been the topic of several research analyst reports. The Goldman Sachs Group raised their price objective on Lowe’s Companies from $283.00 to $300.00 and gave the company a “buy” rating in a report on Thursday, February 26th. Evercore decreased their target price on Lowe’s Companies from $270.00 to $260.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 3rd. Barclays upgraded shares of Lowe’s Companies from an “equal weight” rating to an “overweight” rating and set a $285.00 target price on the stock in a research report on Wednesday, January 7th. Jefferies Financial Group reiterated 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, Weiss Ratings restated a “hold (c+)” rating on shares of Lowe’s Companies in a research report on Monday, December 29th. Twenty-one research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $289.76.

Insider Buying and Selling

In related news, CEO Marvin R. Ellison sold 18,000 shares of the business’s stock in a transaction 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 completion of the transaction, the chief executive officer directly owned 231,043 shares of the company’s stock, valued at $60,341,500.31. The trade was a 7.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.27% of the stock is owned by insiders.

About Lowe’s Companies

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.