Lowe’s Companies, Inc. $LOW Shares Acquired by Independent Advisor Alliance

Independent Advisor Alliance lifted its stake in Lowe’s Companies, Inc. (NYSE:LOW) by 6.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 60,192 shares of the home improvement retailer’s stock after acquiring an additional 3,843 shares during the period. Independent Advisor Alliance’s holdings in Lowe’s Companies were worth $14,516,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of LOW. Wellington Management Group LLP grew its position in shares of Lowe’s Companies by 102.0% in the 3rd quarter. Wellington Management Group LLP now owns 4,204,311 shares of the home improvement retailer’s stock valued at $1,056,585,000 after buying an additional 2,122,622 shares during the last quarter. Victory Capital Management Inc. grew its position in shares of Lowe’s Companies by 207.2% in the 3rd quarter. Victory Capital Management Inc. now owns 2,058,086 shares of the home improvement retailer’s stock valued at $517,218,000 after buying an additional 1,388,133 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Lowe’s Companies by 1.7% in the 4th quarter. Vanguard Group Inc. now owns 56,230,787 shares of the home improvement retailer’s stock valued at $13,560,617,000 after buying an additional 924,625 shares during the last quarter. Worldquant Millennium Advisors LLC grew its position in shares of Lowe’s Companies by 243.2% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 1,116,945 shares of the home improvement retailer’s stock valued at $247,817,000 after buying an additional 791,526 shares during the last quarter. Finally, Alliancebernstein L.P. grew its position in shares of Lowe’s Companies by 45.5% in the 3rd quarter. Alliancebernstein L.P. now owns 1,899,114 shares of the home improvement retailer’s stock valued at $477,266,000 after buying an additional 593,779 shares during the last quarter. 74.06% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on LOW shares. Sanford C. Bernstein dropped their target price on shares of Lowe’s Companies from $313.00 to $303.00 and set an “outperform” rating on the stock in a research report on Thursday, February 26th. Guggenheim increased their target price on shares of Lowe’s Companies from $280.00 to $300.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Wells Fargo & Company increased their target price on shares of Lowe’s Companies from $280.00 to $290.00 and gave the company an “overweight” rating in a research report on Thursday, February 26th. Bank of America started coverage on shares of Lowe’s Companies in a research report on Tuesday, May 5th. They issued a “neutral” rating on the stock. Finally, Piper Sandler downgraded shares of Lowe’s Companies from an “overweight” rating to a “neutral” rating in a research report on Tuesday. Twenty-two analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $288.41.

Key Headlines Impacting Lowe’s Companies

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

• Positive Sentiment: Citi upgraded Lowe’s to Buy, saying the company is well-positioned to outperform peers despite macro uncertainty and a sluggish housing market. Citi upgrades Lowe’s to Buy but retail sector faces uncertain consumer outlook
• Positive Sentiment: Other coverage highlighted Lowe’s as a potential dividend-stock winner, reinforcing investor interest in its steady cash return profile. Lowe’s (LOW) Could Be a Great Choice
• Neutral Sentiment: Bank of America reinstated Lowe’s at Neutral, which suggests the stock is viewed as fairly valued rather than a strong near-term outperformer. Analyst Reinstates Lowe’s (LOW) at ‘Neutral’ Rating
• Neutral Sentiment: Broader retail previews note Lowe’s is heading into earnings with revenue growth potential, but also margin pressure from a softer consumer backdrop. Costco & 3 Retail Stocks Set to Beat Wall Street This Earnings Season
• Negative Sentiment: Recent market commentary showed Lowe’s stock drifting lower while the broader market advanced, reflecting some near-term investor caution. Lowe’s (LOW) Stock Dips While Market Gains: Key Facts
• Negative Sentiment: Coverage about licensing-plate readers at Lowe’s stores may raise privacy or customer-trust concerns, though the business impact is unclear. Lowe’s, Home Depot could start spying on you using license plate readers in effort to boost safety

Lowe’s Companies Stock Performance

Shares of Lowe’s Companies stock opened at $224.70 on Wednesday. Lowe’s Companies, Inc. has a 1 year low of $210.33 and a 1 year high of $293.06. The company has a market capitalization of $125.85 billion, a P/E ratio of 18.96, a PEG ratio of 4.33 and a beta of 0.91. The company’s fifty day moving average is $240.26 and its two-hundred day moving average is $249.34.

Lowe’s Companies (NYSE:LOW) last issued its quarterly earnings data on Wednesday, February 25th. The home improvement retailer reported $1.98 earnings per share (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 company had revenue of $20.59 billion for the quarter, compared to the consensus estimate of $20.34 billion. During the same period last year, the firm posted $1.93 EPS. Lowe’s Companies’s revenue for the quarter 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. As a group, equities analysts expect that Lowe’s Companies, Inc. will post 12.61 earnings per share for the current year.

Lowe’s Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Wednesday, April 22nd were issued a $1.20 dividend. The ex-dividend date of this dividend was Wednesday, April 22nd. This represents a $4.80 annualized dividend and a dividend yield of 2.1%. Lowe’s Companies’s payout ratio is presently 40.51%.

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.