Cibc World Market Inc. Purchases 36,250 Shares of Lowe’s Companies, Inc. $LOW

Cibc World Market Inc. boosted its holdings in Lowe’s Companies, Inc. (NYSE:LOW) by 31.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 152,111 shares of the home improvement retailer’s stock after acquiring an additional 36,250 shares during the quarter. Cibc World Market Inc.’s holdings in Lowe’s Companies were worth $36,683,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in LOW. Norges Bank bought a new position in Lowe’s Companies during the 4th quarter valued at about $1,993,697,000. Wellington Management Group LLP raised its holdings in shares of Lowe’s Companies by 102.0% during the third 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 purchasing an additional 2,122,622 shares during the last quarter. Victory Capital Management Inc. lifted its position in Lowe’s Companies by 207.2% during the third quarter. Victory Capital Management Inc. now owns 2,058,086 shares of the home improvement retailer’s stock valued at $517,218,000 after purchasing an additional 1,388,133 shares during the period. Eurizon Capital SGR S.p.A. bought a new position in Lowe’s Companies during the fourth quarter valued at approximately $308,683,000. Finally, Vanguard Group Inc. boosted its holdings in Lowe’s Companies by 1.7% in the fourth quarter. Vanguard Group Inc. now owns 56,230,787 shares of the home improvement retailer’s stock worth $13,560,617,000 after purchasing an additional 924,625 shares during the last quarter. 74.06% of the stock is currently owned by hedge funds and other institutional investors.

Lowe’s Companies Stock Up 0.2%

Shares of LOW opened at $208.00 on Friday. The business has a 50-day simple moving average of $230.63 and a two-hundred day simple moving average of $246.76. Lowe’s Companies, Inc. has a 52 week low of $203.40 and a 52 week high of $293.06. The stock has a market cap of $116.63 billion, a price-to-earnings ratio of 17.58, a PEG ratio of 2.62 and a beta of 0.86.

Lowe’s Companies (NYSE:LOW) last posted its quarterly earnings data on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share for the quarter, beating analysts’ consensus estimates of $2.97 by $0.06. The firm had revenue of $23.08 billion for the quarter, compared to analysts’ expectations of $22.98 billion. Lowe’s Companies had a negative return on equity of 67.96% and a net margin of 7.51%.The business’s quarterly revenue was up 10.3% on a year-over-year basis. During the same period in the previous year, the firm earned $2.92 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. On average, equities analysts anticipate that Lowe’s Companies, Inc. will post 12.48 earnings per share for the current fiscal year.

Lowe’s Companies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 5th. Shareholders of record on Wednesday, July 22nd will be given a $1.25 dividend. The ex-dividend date is Wednesday, July 22nd. This is an increase from Lowe’s Companies’s previous quarterly dividend of $1.20. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.4%. Lowe’s Companies’s dividend payout ratio (DPR) is currently 40.57%.

Trending Headlines about Lowe’s Companies

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

• Positive Sentiment: Jefferies says Lowe’s home maintenance program could boost recurring subscription revenue, improving the company’s growth mix and potentially supporting the stock. Article Title
• Positive Sentiment: Lowe’s recent dividend increase is being highlighted as a favorable signal for income-focused investors and confidence in cash flow. Article Title
• Positive Sentiment: Zacks Research raised some future earnings estimates, including Q1 2028 and Q1 2029, which suggests analysts still see longer-term earnings growth potential. Article Title
• Neutral Sentiment: Multiple Zacks estimate changes were mixed overall, with several later-period forecasts cut at the same time, so the analyst updates do not present a clear near-term earnings upgrade. Article Title
• Negative Sentiment: Housing-market concerns continue to pressure Lowe’s shares, and recent reporting notes the stock has been trading near a yearly low despite solid earnings and the higher dividend. Article Title

Analyst Ratings Changes

A number of equities research analysts have weighed in on LOW shares. Wolfe Research set a $254.00 target price on shares of Lowe’s Companies in a research note on Thursday, May 21st. Jefferies Financial Group dropped their price target on Lowe’s Companies from $305.00 to $278.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. KGI Securities began coverage on Lowe’s Companies in a report on Tuesday, March 10th. They issued a “neutral” rating and a $255.00 price objective for the company. Royal Bank Of Canada lowered their target price on Lowe’s Companies from $264.00 to $232.00 and set a “sector perform” rating on the stock in a report on Thursday, May 21st. Finally, Morgan Stanley dropped their target price on Lowe’s Companies from $292.00 to $277.00 and set an “overweight” rating on the stock in a research report on Thursday, May 21st. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $264.57.

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.