Staley Capital Advisers Inc. Sells 2,750 Shares of Lowe’s Companies, Inc. $LOW

Staley Capital Advisers Inc. reduced its position in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 73.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,000 shares of the home improvement retailer’s stock after selling 2,750 shares during the quarter. Staley Capital Advisers Inc.’s holdings in Lowe’s Companies were worth $241,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised 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 valued at $13,560,617,000 after acquiring an additional 924,625 shares during the last quarter. State Street Corp raised its position in shares of Lowe’s Companies by 0.5% during the 3rd quarter. State Street Corp now owns 25,036,276 shares of the home improvement retailer’s stock valued at $6,291,867,000 after acquiring an additional 124,501 shares during the last quarter. Northern Trust Corp raised its position in shares of 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 valued at $1,716,467,000 after acquiring an additional 103,827 shares during the last quarter. Invesco Ltd. raised its position in shares of Lowe’s Companies by 5.2% during the 3rd quarter. Invesco Ltd. now owns 4,830,373 shares of the home improvement retailer’s stock valued at $1,213,921,000 after acquiring an additional 240,123 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of Lowe’s Companies by 12.1% during the 3rd quarter. Bank of New York Mellon Corp now owns 4,294,776 shares of the home improvement retailer’s stock valued at $1,079,320,000 after acquiring an additional 463,012 shares during the last quarter. 74.06% of the stock is owned by institutional investors.

More Lowe’s Companies News

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

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. DA Davidson reiterated a “neutral” rating and set a $275.00 target price on shares of Lowe’s Companies in a research report on Thursday, February 26th. Gordon Haskett lowered their price target on Lowe’s Companies from $300.00 to $280.00 in a research note on Friday, May 8th. UBS Group lowered their price target on Lowe’s Companies from $316.00 to $315.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. The Goldman Sachs Group initiated coverage on Lowe’s Companies in a research note on Tuesday. They issued a “buy” rating for the company. Finally, Royal Bank Of Canada cut Lowe’s Companies from a “sector perform” rating to a “sector perform” rating in a research note on Tuesday. Twenty-two investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Lowe’s Companies has a consensus rating of “Moderate Buy” and a consensus target price of $286.17.

Lowe’s Companies Stock Down 2.3%

LOW opened at $218.54 on Friday. Lowe’s Companies, Inc. has a 12 month low of $210.33 and a 12 month high of $293.06. The company has a fifty day simple moving average of $238.04 and a 200 day simple moving average of $248.82. The stock has a market cap of $122.39 billion, a P/E ratio of 18.44, a P/E/G ratio of 4.18 and a beta of 0.91.

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, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $20.34 billion. During the same period in the prior year, the business earned $1.93 EPS. Lowe’s Companies’s revenue for the quarter 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, equities research analysts expect that Lowe’s Companies, Inc. will post 12.61 earnings per share for the current fiscal year.

Lowe’s Companies Announces Dividend

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

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.