Trek Financial LLC Acquires 5,721 Shares of Lowe’s Companies, Inc. $LOW

Trek Financial LLC raised its holdings in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 322.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 7,497 shares of the home improvement retailer’s stock after buying an additional 5,721 shares during the period. Trek Financial LLC’s holdings in Lowe’s Companies were worth $1,808,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Maj Invest Holding A S increased its holdings in shares of Lowe’s Companies by 15.7% in the third quarter. Maj Invest Holding A S now owns 802,990 shares of the home improvement retailer’s stock worth $201,801,000 after purchasing an additional 108,813 shares during the last quarter. Bridges Investment Management Inc. increased its holdings in shares of Lowe’s Companies by 13.4% in the third quarter. Bridges Investment Management Inc. now owns 420,832 shares of the home improvement retailer’s stock worth $105,759,000 after purchasing an additional 49,858 shares during the last quarter. Facet Wealth Inc. bought a new stake in shares of Lowe’s Companies in the third quarter worth about $558,000. Jefferies Financial Group Inc. increased its holdings in shares of Lowe’s Companies by 134.3% in the third quarter. Jefferies Financial Group Inc. now owns 56,252 shares of the home improvement retailer’s stock worth $14,137,000 after purchasing an additional 32,240 shares during the last quarter. Finally, National Pension Service increased its holdings in shares of Lowe’s Companies by 2.7% in the third quarter. National Pension Service now owns 1,286,782 shares of the home improvement retailer’s stock worth $323,381,000 after purchasing an additional 33,686 shares during the last quarter. 74.06% of the stock is owned by institutional investors.

Lowe’s Companies Price Performance

Shares of NYSE:LOW opened at $224.70 on Wednesday. Lowe’s Companies, Inc. has a 1 year low of $210.33 and a 1 year high of $293.06. The business has a 50 day simple moving average of $240.26 and a two-hundred day simple moving average of $249.34. The firm has a market capitalization of $125.85 billion, a PE ratio of 18.96, a price-to-earnings-growth ratio of 4.33 and a beta of 0.91.

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

Lowe’s Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Wednesday, April 22nd were given a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a dividend yield of 2.1%. The ex-dividend date was Wednesday, April 22nd. Lowe’s Companies’s payout ratio is 40.51%.

Analyst Ratings Changes

LOW has been the topic of several research reports. Bank of America initiated coverage on Lowe’s Companies in a report on Tuesday, May 5th. They issued a “neutral” rating on the stock. KGI Securities assumed coverage on Lowe’s Companies in a report on Tuesday, March 10th. They issued a “neutral” rating and a $255.00 target price on the stock. Gordon Haskett dropped their price target on Lowe’s Companies from $300.00 to $280.00 in a research report on Friday, May 8th. BTIG Research lowered Lowe’s Companies to a “reduce” rating in a research report on Tuesday. Finally, Weiss Ratings lowered Lowe’s Companies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, May 4th. Twenty-two investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $288.41.

Lowe’s Companies News Roundup

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

• Positive Sentiment: Citi upgraded Lowe’s to Buy, saying the company is well-positioned to outperform peers despite macro uncertainty and a sluggish housing market. Citi upgrades Lowe’s to Buy but retail sector faces uncertain consumer outlook
• Positive Sentiment: Other coverage highlighted Lowe’s as a potential dividend-stock winner, reinforcing investor interest in its steady cash return profile. Lowe’s (LOW) Could Be a Great Choice
• Neutral Sentiment: Bank of America reinstated Lowe’s at Neutral, which suggests the stock is viewed as fairly valued rather than a strong near-term outperformer. Analyst Reinstates Lowe’s (LOW) at ‘Neutral’ Rating
• Neutral Sentiment: Broader retail previews note Lowe’s is heading into earnings with revenue growth potential, but also margin pressure from a softer consumer backdrop. Costco & 3 Retail Stocks Set to Beat Wall Street This Earnings Season
• Negative Sentiment: Recent market commentary showed Lowe’s stock drifting lower while the broader market advanced, reflecting some near-term investor caution. Lowe’s (LOW) Stock Dips While Market Gains: Key Facts
• Negative Sentiment: Coverage about licensing-plate readers at Lowe’s stores may raise privacy or customer-trust concerns, though the business impact is unclear. Lowe’s, Home Depot could start spying on you using license plate readers in effort to boost safety

About Lowe’s Companies

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.