Headlands Technologies LLC Takes $1.12 Million Position in Lowe’s Companies, Inc. $LOW

Headlands Technologies LLC bought a new position in Lowe’s Companies, Inc. (NYSE:LOW) during the 2nd quarter, Holdings Channel reports. The firm bought 5,060 shares of the home improvement retailer’s stock, valued at approximately $1,116,000.

Other large investors have also bought and sold shares of the company. Norges Bank bought a new position in Lowe’s Companies in the 4th quarter valued at $1,993,697,000. Price T Rowe Associates Inc. MD grew its holdings in shares of Lowe’s Companies by 45.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 6,555,565 shares of the home improvement retailer’s stock worth $1,580,941,000 after purchasing an additional 2,039,343 shares during the last quarter. J. Stern & Co. LLP grew its holdings in shares of Lowe’s Companies by 7,814.9% during the fourth quarter. J. Stern & Co. LLP now owns 1,490,369 shares of the home improvement retailer’s stock worth $359,417,000 after purchasing an additional 1,471,539 shares during the last quarter. Eurizon Capital SGR S.p.A. acquired a new stake in shares of Lowe’s Companies in the fourth quarter valued at $308,683,000. Finally, Viking Global Investors LP acquired a new stake in shares of Lowe’s Companies in the fourth quarter valued at $219,948,000. 74.06% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on LOW. Raymond James Financial cut Lowe’s Companies from a “market perform” rating to a “market perform” rating in a report on Tuesday, May 12th. Piper Sandler lowered their price objective on shares of Lowe’s Companies from $276.00 to $274.00 and set an “overweight” rating for the company in a research report on Thursday, August 13th. Citigroup dropped their target price on shares of Lowe’s Companies from $267.00 to $260.00 and set a “buy” rating for the company in a research note on Thursday, August 20th. Jefferies Financial Group reduced their target price on shares of Lowe’s Companies from $305.00 to $278.00 and set a “buy” rating on the stock in a research report on Thursday, May 21st. Finally, HSBC decreased their price target on shares of Lowe’s Companies from $260.00 to $220.00 and set a “hold” rating on the stock in a research note on Thursday, May 21st. Twenty-three equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Lowe’s Companies presently has an average rating of “Moderate Buy” and an average target price of $258.53.

Insider Transactions at Lowe’s Companies

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

Lowe’s Companies Stock Down 1.6%

Shares of LOW opened at $204.77 on Tuesday. The stock’s fifty day simple moving average is $214.91 and its 200-day simple moving average is $229.90. The firm has a market capitalization of $114.89 billion, a PE ratio of 17.31, a price-to-earnings-growth ratio of 2.77 and a beta of 0.86. Lowe’s Companies, Inc. has a 12-month low of $199.40 and a 12-month high of $293.06.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings data on Wednesday, August 19th. The home improvement retailer reported $4.40 EPS for the quarter, topping analysts’ consensus estimates of $4.22 by $0.18. The firm had revenue of $25.96 billion during the quarter, compared to analyst estimates of $26.13 billion. Lowe’s Companies had a negative return on equity of 75.67% and a net margin of 7.34%.The company’s revenue was up 8.3% on a year-over-year basis. During the same period last year, the company earned $4.33 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. Analysts anticipate that Lowe’s Companies, Inc. will post 12.26 EPS for the current year.

Lowe’s Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 4th. Stockholders of record on Wednesday, October 21st will be paid a $1.25 dividend. This represents a $5.00 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Wednesday, October 21st. Lowe’s Companies’s dividend payout ratio (DPR) is 42.27%.

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.