Lowe’s Companies, Inc. (NYSE:LOW) Receives $257.63 Consensus Target Price from Analysts

Lowe’s Companies, Inc. (NYSE:LOW) has been given an average rating of “Moderate Buy” by the thirty-six analysts that are covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and twenty-three have issued a buy rating on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $257.6333.

Several brokerages recently weighed in on LOW. TD Cowen reissued a “hold” rating and issued a $235.00 target price on shares of Lowe’s Companies in a research note on Thursday, August 20th. Mizuho decreased their price target on shares of Lowe’s Companies from $280.00 to $250.00 and set an “outperform” rating on the stock in a research note on Thursday, August 20th. HSBC cut their price objective on shares of Lowe’s Companies from $260.00 to $220.00 and set a “hold” rating for the company in a research report on Thursday, May 21st. Truist Financial reduced their price objective on shares of Lowe’s Companies from $255.00 to $254.00 and set a “buy” rating on the stock in a research note on Thursday, August 20th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Lowe’s Companies from $279.00 to $252.00 and set an “overweight” rating on the stock in a research report on Friday, July 31st.

Lowe’s Companies Stock Performance

Shares of NYSE:LOW opened at $197.16 on Friday. The business’s fifty day moving average price is $211.06 and its two-hundred day moving average price is $224.70. The stock has a market cap of $110.62 billion, a PE ratio of 16.67, a price-to-earnings-growth ratio of 2.62 and a beta of 0.85. Lowe’s Companies has a one year low of $195.06 and a one year high of $293.06.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share for the quarter, topping analysts’ consensus estimates of $4.22 by $0.18. Lowe’s Companies had a negative return on equity of 75.67% and a net margin of 7.34%.The company had revenue of $25.96 billion during the quarter, compared to analysts’ expectations of $26.13 billion. During the same period in the previous year, the firm posted $4.33 earnings per share. The business’s revenue for the quarter was up 8.3% compared to the same quarter last year. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. As a group, equities research analysts predict that Lowe’s Companies will post 12.26 earnings per share for the current fiscal year.

Lowe’s Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 4th. Shareholders of record on Wednesday, October 21st will be paid a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Wednesday, October 21st. Lowe’s Companies’s dividend payout ratio is currently 42.27%.

Insiders Place Their Bets

In related news, EVP Margrethe R. Vagell sold 2,500 shares of the company’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $223.83, for a total value of $559,575.00. Following the completion of the transaction, the executive vice president directly owned 20,220 shares in the company, valued at approximately $4,525,842.60. This represents a 11.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Janice Dupré sold 14,150 shares of the stock in a transaction dated 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 transaction, the executive vice president owned 39,785 shares in the company, valued at $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 have sold a total of 25,980 shares of company stock valued at $5,796,937 in the last quarter. 0.29% of the stock is currently owned by company insiders.

Institutional Trading of Lowe’s Companies

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LOW. California State Teachers Retirement System grew its holdings in Lowe’s Companies by 21,712.9% in the second quarter. California State Teachers Retirement System now owns 182,933,056 shares of the home improvement retailer’s stock valued at $40,334,910,000 after purchasing an additional 182,094,408 shares during the period. BlackRock Inc. raised its stake in Lowe’s Companies by 1.8% during the second quarter. BlackRock Inc. now owns 40,545,728 shares of the home improvement retailer’s stock worth $8,939,928,000 after purchasing an additional 714,092 shares during the period. State Street Corp boosted its holdings in shares of Lowe’s Companies by 0.5% in the 3rd quarter. State Street Corp now owns 25,036,276 shares of the home improvement retailer’s stock valued at $6,291,867,000 after purchasing an additional 124,501 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Lowe’s Companies by 7.1% in the 4th quarter. Geode Capital Management LLC now owns 13,326,581 shares of the home improvement retailer’s stock valued at $3,201,329,000 after purchasing an additional 887,579 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Lowe’s Companies during the 4th quarter valued at $1,993,697,000. Hedge funds and other institutional investors own 74.06% of the company’s stock.

Lowe’s Companies Company Profile

Lowe’s Companies, Inc is a home improvement retailer that serves homeowners, renters, and professional contractors primarily through stores and digital platforms in the United States. The company sells a broad selection of products for maintenance, repair, remodeling, and construction projects.

Its merchandise includes appliances, tools, hardware, lumber, building materials, plumbing and electrical supplies, paint, flooring, lighting, kitchen and bathroom products, outdoor living items, lawn and garden products, and seasonal goods.