Venture Visionary Partners LLC Boosts Holdings in Lowe’s Companies, Inc. $LOW

Venture Visionary Partners LLC raised its position in Lowe’s Companies, Inc. (NYSE:LOW) by 13.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 38,513 shares of the home improvement retailer’s stock after acquiring an additional 4,649 shares during the period. Venture Visionary Partners LLC’s holdings in Lowe’s Companies were worth $9,309,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Swiss RE Ltd. purchased a new stake in shares of Lowe’s Companies during the 4th quarter valued at $25,000. Wilkerson Advisory Group LLC purchased a new position in Lowe’s Companies during the 4th quarter worth $27,000. United Financial Planning Group LLC acquired a new position in Lowe’s Companies during the 3rd quarter valued at about $31,000. OLD Second National Bank of Aurora increased its position in Lowe’s Companies by 52.5% during the 4th quarter. OLD Second National Bank of Aurora now owns 122 shares of the home improvement retailer’s stock valued at $29,000 after buying an additional 42 shares in the last quarter. Finally, Triumph Capital Management purchased a new stake in Lowe’s Companies in the third quarter valued at about $34,000. 74.06% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on LOW shares. TD Cowen dropped their price target on Lowe’s Companies from $280.00 to $235.00 and set a “hold” rating on the stock in a research note on Thursday, May 21st. Argus increased their price objective on shares of Lowe’s Companies from $286.00 to $288.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. KGI Securities started coverage on shares of Lowe’s Companies in a research note on Tuesday, March 10th. They issued a “neutral” rating and a $255.00 target price for the company. Truist Financial dropped their target price on shares of Lowe’s Companies from $280.00 to $255.00 and set a “buy” rating on the stock in a research report on Thursday, May 21st. Finally, Jefferies Financial Group cut their price target on shares of 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. Twenty-three analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $264.57.

Lowe’s Companies Trading Down 0.1%

Shares of NYSE:LOW opened at $220.57 on Monday. Lowe’s Companies, Inc. has a twelve month low of $203.40 and a twelve month high of $293.06. The company has a market cap of $123.67 billion, a PE ratio of 18.64, a price-to-earnings-growth ratio of 2.79 and a beta of 0.87. The company’s 50 day moving average is $228.38 and its 200 day moving average is $246.26.

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

Lowe’s Companies Increases Dividend

The business 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 dividend of $1.25 per share. The ex-dividend date of this dividend is Wednesday, July 22nd. This represents a $5.00 annualized dividend and a yield of 2.3%. This is an increase from Lowe’s Companies’s previous quarterly dividend of $1.20. Lowe’s Companies’s payout ratio is 40.57%.

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.