Shares of Lowe’s Companies, Inc. (NYSE:LOW – Get Free Report) have earned a consensus recommendation of “Moderate Buy” from the thirty-seven analysts that are currently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, twenty-two have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $253.48.
Several equities analysts have commented on LOW shares. Piper Sandler lowered their target price on shares of Lowe’s Companies from $276.00 to $274.00 and set an “overweight” rating on the stock in a research report on Thursday, August 13th. Truist Financial dropped their price target on Lowe’s Companies from $255.00 to $254.00 and set a “buy” rating for the company in a research note on Thursday, August 20th. KeyCorp restated an “overweight” rating and issued a $275.00 target price on shares of Lowe’s Companies in a research note on Thursday, August 20th. DA Davidson reiterated a “neutral” rating and issued a $245.00 price target on shares of Lowe’s Companies in a report on Wednesday, August 19th. Finally, UBS Group reduced their price target on Lowe’s Companies from $285.00 to $275.00 and set a “buy” rating for the company in a research report on Thursday, August 20th.
Check Out Our Latest Stock Report on LOW
Institutional Trading of Lowe’s Companies
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Condor Capital Management increased its stake in Lowe’s Companies by 0.7% during the third quarter. Condor Capital Management now owns 17,202 shares of the home improvement retailer’s stock valued at $3,170,000 after acquiring an additional 120 shares during the period. Addison Advisors LLC increased its holdings in shares of Lowe’s Companies by 31.0% during the third quarter. Addison Advisors LLC now owns 363 shares of the home improvement retailer’s stock worth $67,000 after buying an additional 86 shares in the last quarter. Bernicke Wealth Management Ltd. bought a new stake in Lowe’s Companies in the third quarter valued at $912,000. Diversified Trust Co grew its holdings in Lowe’s Companies by 3.5% during the third quarter. Diversified Trust Co now owns 39,634 shares of the home improvement retailer’s stock worth $7,304,000 after buying an additional 1,322 shares in the last quarter. Finally, Allworth Financial LP boosted its stake in Lowe’s Companies by 123.1% in the third quarter. Allworth Financial LP now owns 52,844 shares of the home improvement retailer’s stock valued at $9,739,000 after acquiring an additional 29,156 shares during the last quarter. 74.06% of the stock is currently owned by institutional investors and hedge funds.
Lowe’s Companies Trading Down 0.9%
Shares of NYSE LOW opened at $225.13 on Friday. The stock has a market capitalization of $126.31 billion, a price-to-earnings ratio of 17.49, a P/E/G ratio of 1.83 and a beta of 0.81. Lowe’s Companies has a 12-month low of $178.45 and a 12-month high of $293.06. The firm’s 50-day moving average price is $197.18 and its 200-day moving average price is $225.13.
Lowe’s Companies (NYSE:LOW – Get Free Report) last released its earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.22 by $0.18. Lowe’s Companies had a net margin of 7.34% and a negative return on equity of 75.67%. The business had revenue of $25.96 billion during the quarter, compared to analyst estimates of $26.13 billion. During the same quarter in the prior year, the firm earned $4.33 earnings per share. The company’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. On average, equities analysts predict that Lowe’s Companies will post 12.25 EPS for the current fiscal year.
Lowe’s Companies Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, November 4th. Shareholders of record on Wednesday, October 21st were paid a $1.25 dividend. This represents a $5.00 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Wednesday, October 21st. Lowe’s Companies’s dividend payout ratio (DPR) is 42.27%.
About Lowe’s Companies
Lowe’s Companies, Inc is a home improvement retailer serving homeowners, do-it-yourself customers and professional contractors. The company sells products for construction, maintenance, repair and renovation through its retail stores and online channels.
Its offerings include appliances, tools, hardware, lumber and building materials, paint, plumbing and electrical supplies, and products for lawn and garden. Lowe’s also provides services such as installation and other project support.
Founded in 1921 in North Wilkesboro, North Carolina, Lowe’s has grown into a major retailer operating across the United States.
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