NEOS Investment Management LLC Acquires 10,737 Shares of Lowe’s Companies, Inc. $LOW

NEOS Investment Management LLC grew its holdings in Lowe’s Companies, Inc. (NYSE:LOW) by 13.3% during the second quarter, HoldingsChannel.com reports. The firm owned 91,243 shares of the home improvement retailer’s stock after acquiring an additional 10,737 shares during the quarter. NEOS Investment Management LLC’s holdings in Lowe’s Companies were worth $20,118,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Norges Bank bought a new stake in Lowe’s Companies during the 4th quarter valued at about $1,993,697,000. Price T Rowe Associates Inc. MD grew its stake in Lowe’s Companies by 45.2% in the 4th 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 acquiring an additional 2,039,343 shares in the last quarter. J. Stern & Co. LLP grew its stake in Lowe’s Companies by 7,814.9% in the 4th quarter. J. Stern & Co. LLP now owns 1,490,369 shares of the home improvement retailer’s stock worth $359,417,000 after acquiring an additional 1,471,539 shares in the last quarter. Eurizon Capital SGR S.p.A. purchased a new position in shares of Lowe’s Companies during the fourth quarter worth approximately $308,683,000. Finally, Viking Global Investors LP purchased a new position in shares of Lowe’s Companies during the fourth quarter worth approximately $219,948,000. 74.06% of the stock is currently owned by institutional investors.

Lowe’s Companies Stock Performance

NYSE LOW opened at $204.45 on Friday. The firm’s 50 day moving average price is $213.44 and its 200-day moving average price is $227.92. Lowe’s Companies, Inc. has a 52-week low of $199.34 and a 52-week high of $293.06. The company has a market cap of $114.71 billion, a PE ratio of 17.28, a P/E/G ratio of 2.69 and a beta of 0.85.

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

Lowe’s Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 4th. Stockholders of record on Wednesday, October 21st will be issued a $1.25 dividend. The ex-dividend date is Wednesday, October 21st. 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 42.27%.

Wall Street Analyst Weigh In

LOW has been the subject of several research analyst reports. William Blair initiated coverage on shares of Lowe’s Companies in a research note on Tuesday, May 12th. They set an “overweight” rating for the company. HSBC reduced their price objective on Lowe’s Companies from $260.00 to $220.00 and set a “hold” rating on the stock in a report on Thursday, May 21st. Benchmark began coverage on Lowe’s Companies in a research report on Tuesday, May 12th. They set a “hold” rating for the company. Bank of America lowered their target price on Lowe’s Companies from $260.00 to $257.00 and set a “neutral” rating for the company in a report on Thursday, May 21st. Finally, KeyCorp reissued an “overweight” rating and set a $275.00 price target on shares of Lowe’s Companies in a research report on Thursday, August 20th. Twenty-three analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Lowe’s Companies presently has an average rating of “Moderate Buy” and a consensus price target of $258.53.

Lowe’s Companies News Summary

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

• Positive Sentiment: Retail earnings point to a “K-shaped” consumer economy, with Lowe’s and Home Depot benefiting from relatively solid home-improvement sales even as lower-income-focused retailers face greater tariff and margin pressure. Retail Earnings Just Exposed a Bigger Divide in the U.S. Consumer Economy
• Positive Sentiment: Lowe’s plans to open three additional stores in 2026, supporting its long-term sales footprint and market expansion. Lowe’s opening 3 more stores in these states in 2026
• Positive Sentiment: The Lowe’s Foundation launched a large skilled-trades training coalition with NVIDIA, AT&T, Bank of America, Carrier, General Motors, DEWALT and Duke Energy. The effort could expand the contractor labor pool and support future Pro customer demand. Nvidia Is Now Paying to Train Plumbers
• Neutral Sentiment: Five new executive vice presidents were appointed across Pro, Home Services, stores, information and AI, strategy, and marketing. Lowe’s also maintained its $1.25 quarterly dividend, while expanding online offerings; the new leadership could improve execution, but a shelf registration for 2.5 million shares creates a potential future dilution overhang. Did Lowe’s New EVP Lineup and Shelf Filing Just Quietly Reframe the LOW Investment Narrative?
• Neutral Sentiment: The NFL-focused “Earn Your Sunday” campaign adds new star athletes and may strengthen brand engagement, although its direct financial impact is unclear. Lowe’s Kicks Off Year Two of Earn Your Sunday
• Negative Sentiment: Zacks Research cut its FY2027 EPS estimate for Lowe’s to $12.25 from $12.45, aligning it near the $12.26 consensus and signaling limited expected earnings growth. Zacks Research Issues Negative Estimate for LOW Earnings
• Negative Sentiment: Mortgage rates have reached a one-year high following a global bond sell-off. Higher borrowing costs could discourage housing transactions and large remodeling projects, pressuring demand at Lowe’s and Home Depot. Mortgage Rates Just Hit a 1-Year High

Insider Transactions at Lowe’s Companies

In other news, EVP Juliette Pryor sold 9,330 shares of the business’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $224.81, for a total value of $2,097,477.30. Following the completion of the transaction, the executive vice president directly owned 16,142 shares of the company’s stock, valued at approximately $3,628,883.02. The trade was a 36.63% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Janice Dupré sold 14,150 shares of the company’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $221.90, for a total value of $3,139,885.00. Following the sale, the executive vice president owned 39,785 shares of the company’s stock, valued at $8,828,291.50. This trade represents a 26.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, 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.