5,369 Lowe’s Companies, Inc. $LOW Shares Sold by VestGen Advisors LLC

VestGen Advisors LLC reduced its holdings in Lowe’s Companies, Inc. (NYSE:LOW) by 59.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,721 shares of the home improvement retailer’s stock after selling 5,369 shares during the period. VestGen Advisors LLC’s holdings in Lowe’s Companies were worth $686,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. BlackRock Inc. raised its stake in Lowe’s Companies by 1.8% during the 2nd quarter. BlackRock Inc. now owns 40,545,728 shares of the home improvement retailer’s stock valued at $8,939,928,000 after purchasing an additional 714,092 shares during the last quarter. State Street Corp grew its position in Lowe’s Companies by 3.6% in the 2nd quarter. State Street Corp now owns 25,329,373 shares of the home improvement retailer’s stock worth $5,584,873,000 after purchasing an additional 880,815 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Lowe’s Companies by 1.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 4,104,782 shares of the home improvement retailer’s stock worth $905,063,000 after purchasing an additional 57,167 shares during the period. Amundi increased its holdings in shares of Lowe’s Companies by 57.3% during the 2nd quarter. Amundi now owns 2,892,868 shares of the home improvement retailer’s stock worth $637,848,000 after purchasing an additional 1,053,237 shares during the period. Finally, Swiss National Bank increased its holdings in shares of Lowe’s Companies by 7.1% during the 1st quarter. Swiss National Bank now owns 1,646,320 shares of the home improvement retailer’s stock worth $388,992,000 after purchasing an additional 109,520 shares during the period. 74.06% of the stock is currently owned by institutional investors and hedge funds.

Lowe’s Companies Stock Performance

Shares of LOW stock opened at $209.18 on Friday. The stock’s fifty day moving average is $196.23 and its 200-day moving average is $226.43. The stock has a market capitalization of $117.36 billion, a PE ratio of 17.68, a PEG ratio of 1.75 and a beta of 0.89. Lowe’s Companies, Inc. has a 52 week low of $178.45 and a 52 week 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 EPS for the quarter, beating the consensus estimate of $4.22 by $0.18. The business had revenue of $25.96 billion for the quarter, compared to analysts’ expectations 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 in the prior year, the firm earned $4.33 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. As a group, analysts forecast that Lowe’s Companies, Inc. will post 12.25 earnings per share for the current fiscal year.

Lowe’s Companies Dividend Announcement

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

Analyst Upgrades and Downgrades

Several research firms recently weighed in on LOW. Morgan Stanley reiterated an “overweight” rating on shares of Lowe’s Companies in a research note on Thursday, August 20th. DA Davidson restated a “neutral” rating and set a $245.00 price target on shares of Lowe’s Companies in a research note on Wednesday, August 19th. UBS Group cut their price target on Lowe’s Companies from $285.00 to $275.00 and set a “buy” rating for the company in a report on Thursday, August 20th. Mizuho reduced their price objective on Lowe’s Companies from $280.00 to $250.00 and set an “outperform” rating for the company in a research report on Thursday, August 20th. Finally, Guggenheim reiterated a “buy” rating and issued a $275.00 price objective on shares of Lowe’s Companies in a research report on Monday, September 21st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $253.48.

Lowe’s Companies Company Profile

Lowe’s Companies, Inc is a home improvement retailer serving do-it-yourself customers, professional contractors and commercial customers across the United States. The company sells products for home construction, maintenance, repair, remodeling and improvement through its stores and digital platforms.

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