Doliver Advisors LP Sells 2,784 Shares of Lowe’s Companies, Inc. $LOW

Doliver Advisors LP lowered its holdings in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 35.6% during the second quarter, HoldingsChannel reports. The firm owned 5,043 shares of the home improvement retailer’s stock after selling 2,784 shares during the quarter. Doliver Advisors LP’s holdings in Lowe’s Companies were worth $1,112,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. 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 purchasing an additional 924,625 shares during the period. State Street Corp raised its holdings in 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 worth $6,291,867,000 after buying an additional 124,501 shares during the period. Geode Capital Management LLC raised its holdings in Lowe’s Companies by 7.1% during the 4th quarter. Geode Capital Management LLC now owns 13,326,581 shares of the home improvement retailer’s stock worth $3,201,329,000 after buying an additional 887,579 shares during the period. Norges Bank bought a new position in Lowe’s Companies in the fourth quarter valued at approximately $1,993,697,000. Finally, Northern Trust Corp lifted its stake in Lowe’s Companies by 1.5% in the third quarter. Northern Trust Corp now owns 6,830,080 shares of the home improvement retailer’s stock valued at $1,716,467,000 after buying an additional 103,827 shares in the last quarter. Institutional investors own 74.06% of the company’s stock.

Lowe’s Companies Stock Up 0.8%

NYSE:LOW opened at $220.74 on Wednesday. Lowe’s Companies, Inc. has a twelve month low of $199.40 and a twelve month high of $293.06. The business has a 50 day moving average price of $215.49 and a two-hundred day moving average price of $235.81. The company has a market cap of $123.77 billion, a P/E ratio of 18.66, a price-to-earnings-growth ratio of 2.77 and a beta of 0.86.

Lowe’s Companies (NYSE:LOW) last issued its quarterly earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share for the quarter, topping the consensus estimate 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 company had revenue of $23.08 billion during the quarter, compared to analysts’ expectations of $22.98 billion. During the same period last year, the business earned $2.92 EPS. The business’s quarterly revenue was up 10.3% on a year-over-year basis. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. As a group, analysts anticipate that Lowe’s Companies, Inc. will post 12.46 earnings per share for the current fiscal year.

Lowe’s Companies Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Wednesday, July 22nd were given a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a yield of 2.3%. This is an increase from Lowe’s Companies’s previous quarterly dividend of $1.20. The ex-dividend date of this dividend was Wednesday, July 22nd. Lowe’s Companies’s payout ratio is 42.27%.

Trending Headlines about Lowe’s Companies

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

• Positive Sentiment: Wells Fargo remains bullish despite a lower target. The firm reduced its price target from $255 to $245 but maintained an “overweight” rating, implying approximately 11% upside from the referenced $220.74 level. The target cut signals more cautious expectations, while the continued bullish rating provides support for LOW. Benzinga analyst note
• Positive Sentiment: Lowe’s announced $20 million in community investments. The company will provide $10 million in grants for 100 large-scale nonprofit and community renovation projects and another $10 million for more than 2,000 associate-led projects. The spending fulfills part of Lowe’s $100 million “big dream” renovation commitment and could strengthen brand reputation and local customer relationships, although the direct earnings impact is likely limited. Lowe’s community investment announcement
• Neutral Sentiment: A former Lowe’s executive is joining Target as its first chief AI officer. Chandhu Nair will leave Lowe’s for Target on August 24. The move highlights the competitive importance of artificial intelligence and digital customer experience, but there is no reported change to Lowe’s strategy or financial outlook. Target names first chief AI officer
• Negative Sentiment: Analysts see Home Depot benefiting more from professional demand than Lowe’s in the second quarter. Bank of America’s view suggests Lowe’s may be comparatively disadvantaged because of its lower exposure to professional contractors, an important customer group during a challenging macroeconomic environment. Home Depot professional demand analysis
• Negative Sentiment: Recent trading and options activity point to elevated uncertainty. LOW declined more than the broader market in the prior session, while implied volatility in its options increased. The stock also remains below its 200-day moving average, suggesting continued investor caution even as some analysts view Lowe’s as a potentially attractive alternative to Home Depot.

Wall Street Analysts Forecast Growth

LOW has been the subject of several research analyst reports. Sanford C. Bernstein reduced their price target on shares of Lowe’s Companies from $303.00 to $281.00 and set an “outperform” rating for the company in a report on Thursday, May 14th. Wolfe Research set a $254.00 price objective on shares of Lowe’s Companies in a report on Thursday, May 21st. Piper Sandler cut their price objective on shares of Lowe’s Companies from $300.00 to $276.00 and set an “overweight” rating on the stock in a research report on Thursday, May 21st. Citigroup raised shares of Lowe’s Companies from a “neutral” rating to a “buy” rating and set a $285.00 target price for the company in a research note on Tuesday, May 12th. Finally, Truist Financial lowered their target price on Lowe’s Companies from $280.00 to $255.00 and set a “buy” rating for the company in a report on Thursday, May 21st. Twenty-three research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $263.33.

Insider Activity at Lowe’s Companies

In other Lowe’s Companies news, EVP Janice Dupre sold 14,150 shares of Lowe’s Companies stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $221.90, for a total value of $3,139,885.00. Following the sale, the executive vice president directly owned 39,785 shares in the company, valued at approximately $8,828,291.50. The trade was a 26.24% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Margrethe R. Vagell sold 2,500 shares of the business’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $223.83, for a total transaction of $559,575.00. Following the sale, the executive vice president directly owned 20,220 shares in the company, valued at $4,525,842.60. This trade represents a 11.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 25,980 shares of company stock valued at $5,796,937. Corporate insiders own 0.29% of the company’s stock.

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.