315,651 Shares in Lowe’s Companies, Inc. $LOW Purchased by PFA Pension Forsikringsaktieselskab

PFA Pension Forsikringsaktieselskab purchased a new position in Lowe’s Companies, Inc. (NYSE:LOW) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 315,651 shares of the home improvement retailer’s stock, valued at approximately $76,760,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of LOW. Maj Invest Holding A S raised its position in Lowe’s Companies by 15.7% during the third quarter. Maj Invest Holding A S now owns 802,990 shares of the home improvement retailer’s stock valued at $201,801,000 after acquiring an additional 108,813 shares in the last quarter. Bridges Investment Management Inc. raised its position in Lowe’s Companies by 13.4% during the third quarter. Bridges Investment Management Inc. now owns 420,832 shares of the home improvement retailer’s stock valued at $105,759,000 after acquiring an additional 49,858 shares in the last quarter. Facet Wealth Inc. bought a new position in Lowe’s Companies during the third quarter valued at approximately $558,000. Brighton Jones LLC raised its position in Lowe’s Companies by 119.7% during the fourth quarter. Brighton Jones LLC now owns 31,965 shares of the home improvement retailer’s stock valued at $7,889,000 after acquiring an additional 17,413 shares in the last quarter. Finally, National Pension Service raised its position in Lowe’s Companies by 2.7% during the third quarter. National Pension Service now owns 1,286,782 shares of the home improvement retailer’s stock valued at $323,381,000 after acquiring an additional 33,686 shares in the last quarter. Institutional investors and hedge funds own 74.06% of the company’s stock.

Analyst Ratings Changes

LOW has been the topic of several recent research reports. JPMorgan Chase & Co. raised their price objective on shares of Lowe’s Companies from $300.00 to $325.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. DA Davidson reaffirmed a “neutral” rating and set a $275.00 price objective on shares of Lowe’s Companies in a research report on Thursday, February 26th. TD Cowen dropped their price target on shares of Lowe’s Companies from $295.00 to $280.00 and set a “hold” rating on the stock in a research report on Thursday, February 26th. UBS Group dropped their price target on shares of Lowe’s Companies from $316.00 to $315.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. Finally, Citigroup lifted their price target on shares of Lowe’s Companies from $250.00 to $285.00 and gave the company a “neutral” rating in a research report on Thursday, February 12th. Twenty-two research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, Lowe’s Companies presently has an average rating of “Moderate Buy” and a consensus target price of $289.10.

Lowe’s Companies Stock Down 2.2%

NYSE:LOW opened at $233.55 on Friday. Lowe’s Companies, Inc. has a 12 month low of $210.33 and a 12 month high of $293.06. The firm has a market cap of $130.80 billion, a price-to-earnings ratio of 19.71, a P/E/G ratio of 5.19 and a beta of 0.91. The company’s 50 day moving average is $245.40 and its 200-day moving average is $249.81.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings data on Wednesday, February 25th. The home improvement retailer reported $1.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.94 by $0.04. The business had revenue of $20.59 billion for the quarter, compared to the consensus estimate of $20.34 billion. Lowe’s Companies had a net margin of 7.71% and a negative return on equity of 61.40%. Lowe’s Companies’s quarterly revenue was up 10.9% on a year-over-year basis. During the same quarter last year, the company posted $1.93 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. Research analysts predict that Lowe’s Companies, Inc. will post 12.61 EPS for the current fiscal year.

Lowe’s Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 6th. Stockholders of record on Wednesday, April 22nd will be paid a $1.20 dividend. The ex-dividend date is Wednesday, April 22nd. This represents a $4.80 annualized dividend and a dividend yield of 2.1%. Lowe’s Companies’s dividend payout ratio (DPR) is presently 40.51%.

Lowe’s Companies Company Profile

Lowe’s Companies, Inc is a leading home improvement retailer that operates large-format stores and digital channels serving both do-it-yourself homeowners and professional contractors. The company offers a broad assortment of products including building materials, lumber, appliances, tools and hardware, plumbing and electrical supplies, paint, flooring, kitchen and bath fixtures, outdoor and garden products, and home decor. Lowe’s also provides a range of services such as installation, home improvement financing, tool and equipment rental, and contractor-focused sales programs.

Operations are centered on a nationwide brick-and-mortar store network supported by distribution centers and an e-commerce platform that enables online ordering, delivery and in-store pickup.