Helen Stephens Group LLC Purchases 63 Shares of Lowe’s Companies, Inc. (NYSE:LOW)

Helen Stephens Group LLC grew its position in Lowe’s Companies, Inc. (NYSE:LOW) by 4.7% in the first quarter, according to its most recent filing with the SEC. The fund owned 1,394 shares of the home improvement retailer’s stock after acquiring an additional 63 shares during the period. Helen Stephens Group LLC’s holdings in Lowe’s Companies were worth $325,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Wood Tarver Financial Group LLC bought a new position in shares of Lowe’s Companies in the 4th quarter valued at $25,000. Caisse Des Depots ET Consignations bought a new position in shares of Lowe’s Companies in the 4th quarter valued at $33,000. Orion Capital Management LLC bought a new position in shares of Lowe’s Companies in the 4th quarter valued at $36,000. Inlight Wealth Management LLC bought a new position in shares of Lowe’s Companies in the 1st quarter valued at $36,000. Finally, IFS Advisors LLC lifted its stake in shares of Lowe’s Companies by 60.0% in the 1st quarter. IFS Advisors LLC now owns 160 shares of the home improvement retailer’s stock valued at $37,000 after acquiring an additional 60 shares during the last quarter. 74.06% of the stock is currently owned by institutional investors.

Insider Transactions at Lowe’s Companies

In related news, EVP Juliette Williams Pryor sold 1,130 shares of the firm’s stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $227.50, for a total value of $257,075.00. Following the transaction, the executive vice president now owns 31,898 shares of the company’s stock, valued at approximately $7,256,795. This trade represents a 3.42% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.27% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the company. Sanford C. Bernstein set a $266.00 price objective on Lowe’s Companies and gave the company an “outperform” rating in a report on Thursday, May 22nd. JPMorgan Chase & Co. decreased their price objective on Lowe’s Companies from $300.00 to $263.00 and set an “overweight” rating for the company in a report on Tuesday, May 6th. DA Davidson decreased their price objective on Lowe’s Companies from $270.00 to $240.00 and set a “neutral” rating for the company in a report on Thursday, May 22nd. Truist Financial set a $264.00 price objective on Lowe’s Companies and gave the company a “buy” rating in a report on Thursday, May 22nd. Finally, Telsey Advisory Group restated an “outperform” rating and issued a $305.00 price objective on shares of Lowe’s Companies in a report on Wednesday, May 21st. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and seventeen have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $271.12.

Lowe’s Companies Price Performance

LOW stock opened at $218.64 on Tuesday. The stock has a market capitalization of $122.53 billion, a PE ratio of 18.11, a price-to-earnings-growth ratio of 2.01 and a beta of 0.92. The company’s 50-day moving average is $222.92 and its 200-day moving average is $237.17. Lowe’s Companies, Inc. has a 1 year low of $206.39 and a 1 year high of $287.01.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings data on Wednesday, May 21st. The home improvement retailer reported $2.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.88 by $0.04. The company had revenue of $20.93 billion for the quarter, compared to analysts’ expectations of $21.09 billion. Lowe’s Companies had a net margin of 8.22% and a negative return on equity of 49.12%. The business’s revenue was down 2.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.06 EPS. On average, analysts anticipate that Lowe’s Companies, Inc. will post 11.9 earnings per share for the current fiscal year.

Lowe’s Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 6th. Stockholders of record on Wednesday, July 23rd will be given a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a dividend yield of 2.20%. The ex-dividend date is Wednesday, July 23rd. This is a boost from Lowe’s Companies’s previous quarterly dividend of $1.15. Lowe’s Companies’s dividend payout ratio is 38.11%.

Lowe’s Companies Company Profile

Lowe’s Companies, Inc, together with its subsidiaries, operates as a home improvement retailer in the United States. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It also provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, and electrical.