Lowe’s Companies, Inc. (NYSE:LOW) Receives $289.76 Consensus Price Target from Analysts

Lowe’s Companies, Inc. (NYSE:LOW) has earned an average rating of “Moderate Buy” from the thirty ratings firms that are currently covering the company, Marketbeat Ratings reports. Nine equities research analysts have rated the stock with a hold recommendation and twenty-one have given a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $289.7586.

A number of brokerages have issued reports on LOW. UBS Group cut their price objective on Lowe’s Companies from $316.00 to $315.00 and set a “buy” rating for the company in a report on Thursday, February 26th. TD Cowen dropped their target price on shares of Lowe’s Companies from $295.00 to $280.00 and set a “hold” rating for the company in a research report on Thursday, February 26th. Royal Bank Of Canada lifted their price target on shares of Lowe’s Companies from $252.00 to $257.00 and gave the company a “sector perform” rating in a report on Monday, February 23rd. Piper Sandler reaffirmed an “overweight” rating and set a $300.00 price objective (up from $294.00) on shares of Lowe’s Companies in a research note on Thursday, February 26th. Finally, DA Davidson reiterated a “neutral” rating and issued a $275.00 target price on shares of Lowe’s Companies in a research note on Thursday, February 26th.

Lowe’s Companies Trading Up 0.1%

Shares of LOW opened at $234.51 on Friday. The stock has a market cap of $131.55 billion, a PE ratio of 19.79, a PEG ratio of 5.09 and a beta of 0.98. Lowe’s Companies has a 1 year low of $206.38 and a 1 year high of $293.06. The stock has a 50 day simple moving average of $264.97 and a 200-day simple moving average of $252.75.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings results on Wednesday, February 25th. The home improvement retailer reported $1.98 EPS for the quarter, beating the consensus estimate of $1.94 by $0.04. Lowe’s Companies had a negative return on equity of 61.40% and a net margin of 7.71%.The business had revenue of $20.59 billion for the quarter, compared to analyst estimates of $20.34 billion. During the same quarter in the previous year, the firm earned $1.93 EPS. Lowe’s Companies’s quarterly revenue was up 10.9% on a year-over-year basis. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. On average, sell-side analysts forecast that Lowe’s Companies will post 11.9 EPS for the current fiscal year.

Lowe’s Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 6th. Investors of record on Wednesday, April 22nd will be issued a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Wednesday, April 22nd. Lowe’s Companies’s dividend payout ratio (DPR) is currently 40.51%.

Insider Transactions at Lowe’s Companies

In other Lowe’s Companies 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 value of $4,701,060.00. Following the transaction, the chief executive officer owned 231,043 shares of the company’s stock, valued at approximately $60,341,500.31. The trade was a 7.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.27% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. grew its position in shares of Lowe’s Companies by 1.7% during the 4th quarter. Vanguard Group Inc. now owns 56,230,787 shares of the home improvement retailer’s stock worth $13,560,617,000 after buying an additional 924,625 shares during the period. State Street Corp lifted its holdings in Lowe’s Companies by 0.5% in the third quarter. State Street Corp now owns 25,036,276 shares of the home improvement retailer’s stock valued at $6,291,867,000 after buying an additional 124,501 shares during the period. Geode Capital Management LLC boosted its stake in Lowe’s Companies by 7.1% in the fourth quarter. Geode Capital Management LLC now owns 13,326,581 shares of the home improvement retailer’s stock valued at $3,201,329,000 after acquiring an additional 887,579 shares during the last quarter. Norges Bank bought a new position in Lowe’s Companies in the fourth quarter valued at approximately $1,993,697,000. Finally, Northern Trust Corp grew its holdings in Lowe’s Companies by 1.5% during the 3rd quarter. Northern Trust Corp now owns 6,830,080 shares of the home improvement retailer’s stock worth $1,716,467,000 after acquiring an additional 103,827 shares during the period. 74.06% of the stock is owned by institutional investors.

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.