HBW Advisory Services LLC Sells 2,795 Shares of Lowe’s Companies, Inc. $LOW

HBW Advisory Services LLC trimmed its holdings in Lowe’s Companies, Inc. (NYSE:LOW) by 30.7% during the third quarter, Holdings Channel.com reports. The fund owned 6,311 shares of the home improvement retailer’s stock after selling 2,795 shares during the period. HBW Advisory Services LLC’s holdings in Lowe’s Companies were worth $1,163,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Sankala Group LLC acquired a new position in Lowe’s Companies during the fourth quarter worth about $33,000. Markowski Investments purchased a new stake in shares of Lowe’s Companies in the second quarter valued at about $33,000. IAG Wealth Partners LLC grew its position in shares of Lowe’s Companies by 178.6% in the first quarter. IAG Wealth Partners LLC now owns 156 shares of the home improvement retailer’s stock valued at $37,000 after purchasing an additional 100 shares during the last quarter. Provenance Wealth Advisors LLC grew its position in shares of Lowe’s Companies by 416.7% in the first quarter. Provenance Wealth Advisors LLC now owns 186 shares of the home improvement retailer’s stock valued at $44,000 after purchasing an additional 150 shares during the last quarter. Finally, Legacy Wealth Managment LLC ID grew its position in shares of Lowe’s Companies by 219.7% in the first quarter. Legacy Wealth Managment LLC ID now owns 195 shares of the home improvement retailer’s stock valued at $46,000 after purchasing an additional 134 shares during the last quarter. 74.06% of the stock is owned by institutional investors and hedge funds.

Lowe’s Companies Trading Up 4.0%

Lowe’s Companies stock opened at $195.86 on Friday. The stock has a 50-day moving average price of $199.96 and a 200 day moving average price of $214.95. Lowe’s Companies, Inc. has a 52 week low of $178.45 and a 52 week high of $293.06. The stock has a market cap of $109.89 billion, a PE ratio of 16.56, a P/E/G ratio of 1.57 and a beta of 0.89.

Lowe’s Companies (NYSE:LOW) last released its earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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%. The firm’s quarterly revenue was up 8.3% on a year-over-year basis. During the same period in the prior year, the firm earned $4.33 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. On average, equities analysts predict that Lowe’s Companies, Inc. will post 12.26 EPS for the current year.

Lowe’s Companies Announces Dividend

The company 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 dividend of $1.25 per share. The ex-dividend date is Wednesday, October 21st. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.6%. Lowe’s Companies’s payout ratio is 42.27%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on LOW. Sanford C. Bernstein dropped their price objective on shares of Lowe’s Companies from $261.00 to $254.00 and set an “outperform” rating for the company in a research note on Wednesday, September 9th. Guggenheim restated a “buy” rating and set a $275.00 price objective on shares of Lowe’s Companies in a research report on Monday, September 21st. Citigroup reduced their target price on Lowe’s Companies from $267.00 to $260.00 and set a “buy” rating on the stock in a research note on Thursday, August 20th. JPMorgan Chase & Co. lowered their target price on Lowe’s Companies from $279.00 to $252.00 and set an “overweight” rating on the stock in a report on Friday, July 31st. Finally, Telsey Advisory Group lowered their target price on Lowe’s Companies from $280.00 to $260.00 and set an “outperform” rating on the stock in a report on Thursday, August 20th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $254.29.

More Lowe’s Companies News

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

• Positive Sentiment: Unusual options activity suggests increased bullish positioning: traders purchased 13,431 LOW call options, 63% above the typical daily volume of 8,224 contracts. This may be contributing to near-term buying interest, although options activity can be speculative.
• Positive Sentiment: Lowe’s is expanding its Black Friday savings events and adding exclusive rewards-member benefits, which could help drive holiday traffic, customer engagement and seasonal sales. Lowe’s makes major Black Friday changes shoppers should know
• Positive Sentiment: The company’s dividend track record and focus on professional contractors continue to support its appeal to income-oriented investors. Its dividend has doubled since 2021, while its broad store network and customer relationships provide business resilience. Lowe’s Dividend Sustainability Looks Solid, but Returns Face a Test
• Positive Sentiment: A planned 2027 Lowe’s rollout for Traeger products could create an additional merchandising and sales opportunity, though the financial impact is still ahead. Traeger: Waiting For The Lowe’s Rollout In 2027
• Neutral Sentiment: Home Depot’s higher average ticket, resilient professional demand and big-ticket sales growth offer a constructive read-through for the home-improvement sector, but the report also highlights softer customer visits and housing-market pressure. Home Depot’s Rising Average Ticket Offsets Softer Customer Visits
• Negative Sentiment: Analysts continue to flag cautious customers, intensified promotional competition and Lowe’s decision not to fully match competitors’ discounts. A frozen housing market and acquisition-related debt could also pressure cash flow and make continued dividend growth more difficult. What Could Derail Lowe’s Stock? Lowe’s Keeps Raising Its Dividend. A Frozen Housing Market Could Test That Streak

Lowe’s Companies Profile

Lowe’s Companies, Inc is a home improvement retailer serving homeowners, renters, and professional contractors primarily in the United States. The company operates through a network of retail stores and digital channels, offering products and services for home repair, maintenance, remodeling, construction, and outdoor living.

Its merchandise includes appliances, tools, hardware, lumber, building materials, plumbing and electrical supplies, paint, flooring, kitchen and bath products, lighting, home décor, lawn and garden equipment, and seasonal goods.