Lowe’s Companies (NYSE:LOW) Posts Quarterly Earnings Results, Beats Expectations By $0.18 EPS

Lowe’s Companies (NYSE:LOW) issued its earnings results on Wednesday. The home improvement retailer reported $4.40 EPS for the quarter, beating analysts’ consensus estimates of $4.22 by $0.18, Zacks reports. Lowe’s Companies had a negative return on equity of 67.96% and a net margin of 7.51%. Lowe’s Companies updated its FY 2026 guidance to 12.250-12.250 EPS.

Lowe’s Companies Stock Performance

Shares of Lowe’s Companies stock opened at $215.94 on Wednesday. The business’s 50 day moving average price is $216.12 and its 200 day moving average price is $233.78. The company has a market cap of $121.08 billion, a price-to-earnings ratio of 18.25, a PEG ratio of 2.79 and a beta of 0.86. Lowe’s Companies has a one year low of $199.40 and a one year high of $293.06.

Lowe’s Companies Increases Dividend

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

Insider Buying and Selling at Lowe’s Companies

In other news, EVP Juliette Williams Pryor sold 9,330 shares of Lowe’s Companies stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $224.81, for a total transaction of $2,097,477.30. Following the transaction, the executive vice president owned 16,142 shares in the company, valued at $3,628,883.02. The trade was a 36.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Janice Dupre sold 14,150 shares of the business’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $221.90, for a total transaction of $3,139,885.00. Following the transaction, 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 SEC filing for this sale provides additional information. Insiders sold a total of 25,980 shares of company stock worth $5,796,937 in the last three months. 0.29% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Lowe’s Companies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sumitomo Life Insurance Co. raised its holdings in Lowe’s Companies by 0.6% during the 4th quarter. Sumitomo Life Insurance Co. now owns 6,140 shares of the home improvement retailer’s stock valued at $1,481,000 after acquiring an additional 39 shares during the period. Ausdal Financial Partners Inc. grew its position in shares of Lowe’s Companies by 1.2% in the fourth quarter. Ausdal Financial Partners Inc. now owns 3,430 shares of the home improvement retailer’s stock valued at $827,000 after purchasing an additional 40 shares in the last quarter. Foresight Global Investors Inc. raised its stake in shares of Lowe’s Companies by 3.9% during the 4th quarter. Foresight Global Investors Inc. now owns 1,192 shares of the home improvement retailer’s stock valued at $287,000 after purchasing an additional 45 shares during the period. Invenio Wealth Partners LLC raised its stake in shares of Lowe’s Companies by 3.7% during the 3rd quarter. Invenio Wealth Partners LLC now owns 1,277 shares of the home improvement retailer’s stock valued at $321,000 after purchasing an additional 46 shares during the period. Finally, Paces Ferry Wealth Advisors LLC lifted its holdings in Lowe’s Companies by 3.2% during the 3rd quarter. Paces Ferry Wealth Advisors LLC now owns 1,554 shares of the home improvement retailer’s stock worth $390,000 after purchasing an additional 48 shares in the last quarter. Institutional investors and hedge funds own 74.06% of the company’s stock.

Key Lowe’s Companies News

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

• Positive Sentiment: Lowe’s reported adjusted diluted EPS of $4.40, beating the consensus estimate by $0.18. GAAP diluted EPS was $4.27, while net earnings totaled approximately $2.4 billion. Lowe’s Q2 earnings report
• Positive Sentiment: Comparable sales increased 0.2%, and the company continues to benefit from its professional-customer, online and home-services businesses, which are helping offset weaker discretionary demand. Lowe’s second-quarter results
• Neutral Sentiment: Revenue rose to $25.96 billion, but it missed analysts’ expectations by roughly $150 million. GAAP EPS was unchanged from the year-earlier quarter, indicating limited profit growth despite higher sales. Lowe’s muted outlook
• Negative Sentiment: Lowe’s guided 2026 adjusted EPS to approximately $12.25 and revenue to about $92.0 billion, both below consensus estimates of $12.88 and $93.3 billion. Management expects persistent pressure in DIY spending as consumers delay expensive renovation projects amid a difficult housing market. Lowe’s cuts annual sales forecast

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on LOW. BTIG Research cut shares of Lowe’s Companies to a “reduce” rating in a research note on Tuesday, May 12th. UBS Group lowered their price target on shares of Lowe’s Companies from $315.00 to $285.00 and set a “buy” rating on the stock in a report on Thursday, May 21st. Royal Bank Of Canada cut their price objective on shares of Lowe’s Companies from $232.00 to $231.00 and set a “sector perform” rating for the company in a report on Wednesday, August 12th. Piper Sandler lowered their target price on shares of Lowe’s Companies from $276.00 to $274.00 and set an “overweight” rating on the stock in a research note on Thursday, August 13th. Finally, The Goldman Sachs Group reduced their target price on Lowe’s Companies from $300.00 to $293.00 and set a “buy” rating for the company in a research note on Thursday, May 21st. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $262.63.

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.