iA Global Asset Management Inc. Buys 3,078 Shares of Lowe’s Companies, Inc. $LOW

iA Global Asset Management Inc. increased its stake in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 3.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 91,678 shares of the home improvement retailer’s stock after acquiring an additional 3,078 shares during the period. iA Global Asset Management Inc.’s holdings in Lowe’s Companies were worth $22,109,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of LOW. Activest Wealth Management raised its holdings in Lowe’s Companies by 78.5% during the third quarter. Activest Wealth Management now owns 116 shares of the home improvement retailer’s stock worth $29,000 after acquiring an additional 51 shares in the last quarter. OLD Second National Bank of Aurora raised its holdings in Lowe’s Companies by 52.5% during the fourth quarter. OLD Second National Bank of Aurora now owns 122 shares of the home improvement retailer’s stock worth $29,000 after acquiring an additional 42 shares in the last quarter. United Financial Planning Group LLC bought a new stake in Lowe’s Companies during the third quarter worth about $31,000. Triumph Capital Management bought a new stake in Lowe’s Companies in the third quarter valued at approximately $34,000. Finally, Guerra Advisors Inc bought a new stake in Lowe’s Companies in the third quarter valued at approximately $35,000. Institutional investors own 74.06% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on the company. UBS Group dropped their price objective on Lowe’s Companies from $316.00 to $315.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Argus upped their price objective on Lowe’s Companies from $286.00 to $288.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. Morgan Stanley dropped their price objective on Lowe’s Companies from $296.00 to $292.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 28th. BTIG Research lowered Lowe’s Companies to a “reduce” rating in a research note on Tuesday. Finally, Craig Hallum upgraded Lowe’s Companies to a “buy” rating in a research note on Tuesday. Twenty-two research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Lowe’s Companies presently has a consensus rating of “Moderate Buy” and an average target price of $286.17.

Lowe’s Companies Trading Down 2.3%

Shares of NYSE LOW opened at $218.54 on Friday. The firm has a market cap of $122.39 billion, a P/E ratio of 18.44, a price-to-earnings-growth ratio of 4.18 and a beta of 0.91. Lowe’s Companies, Inc. has a 1-year low of $210.33 and a 1-year high of $293.06. The business’s 50 day moving average is $238.04 and its 200-day moving average is $248.82.

Lowe’s Companies (NYSE:LOW) last announced its earnings results on Wednesday, February 25th. The home improvement retailer reported $1.98 earnings per share for the quarter, topping analysts’ consensus estimates of $1.94 by $0.04. The company had revenue of $20.59 billion for the quarter, compared to analyst estimates of $20.34 billion. Lowe’s Companies had a negative return on equity of 61.40% and a net margin of 7.71%.The firm’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same quarter last year, the company earned $1.93 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. Analysts forecast that Lowe’s Companies, Inc. will post 12.61 EPS for the current year.

Lowe’s Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, May 6th. Investors of record on Wednesday, April 22nd were given a dividend of $1.20 per share. The ex-dividend date of this dividend was Wednesday, April 22nd. This represents a $4.80 dividend on an annualized basis and a yield of 2.2%. Lowe’s Companies’s dividend payout ratio is currently 40.51%.

Trending Headlines about Lowe’s Companies

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

• Positive Sentiment: Analyst commentary remains constructive overall, with Truist and Sanford C. Bernstein both maintaining bullish ratings on Lowe’s while trimming price targets, suggesting Wall Street still sees upside from current levels. Read More
• Positive Sentiment: Investors are looking ahead to Lowe’s Q1 earnings, where Wall Street expects detailed metrics and guidance to help confirm whether recent weakness is temporary or reflects a softer home-improvement demand backdrop. Article Title
• Neutral Sentiment: Lowe’s launched a new “Epically More Messi” marketing campaign tied to loyalty members and the upcoming soccer event, which could support engagement and brand visibility but is not likely a major near-term earnings driver. Article Title
• Neutral Sentiment: Recent articles highlight Lowe’s long-term stock performance and label it a depressed or growth-worthy stock, reinforcing valuation appeal more than changing the near-term operating outlook. Article Title
• Negative Sentiment: The stock has been weighed by recent price-target cuts from multiple firms, including Sanford C. Bernstein and Truist, which signal some caution around the pace of recovery even though ratings remain positive. Article Title
• Negative Sentiment: Broader retail and housing-related concerns remain a headwind, with coverage noting pressure from a softer housing market and shopper sensitivity to retail-theft-related measures in stores. Article Title

Lowe’s Companies Company 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.