Swiss National Bank Has $370.62 Million Holdings in Lowe’s Companies, Inc. $LOW

Swiss National Bank lessened its position in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 4.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,536,800 shares of the home improvement retailer’s stock after selling 78,700 shares during the quarter. Swiss National Bank owned approximately 0.27% of Lowe’s Companies worth $370,615,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. United Financial Planning Group LLC acquired a new stake in shares of Lowe’s Companies during the 3rd quarter worth approximately $31,000. OLD Second National Bank of Aurora boosted its stake in Lowe’s Companies by 52.5% in the 4th quarter. OLD Second National Bank of Aurora now owns 122 shares of the home improvement retailer’s stock valued at $29,000 after buying an additional 42 shares in the last quarter. Triumph Capital Management acquired a new stake in Lowe’s Companies in the 3rd quarter valued at $34,000. Financial Life Planners acquired a new stake in Lowe’s Companies in the 3rd quarter valued at $36,000. Finally, Ares Financial Consulting LLC acquired a new stake in Lowe’s Companies in the 4th quarter valued at $36,000. Institutional investors and hedge funds own 74.06% of the company’s stock.

Lowe’s Companies Stock Performance

Shares of LOW opened at $221.45 on Friday. The stock has a fifty day moving average price of $228.68 and a two-hundred day moving average price of $246.32. Lowe’s Companies, Inc. has a 52-week low of $203.40 and a 52-week high of $293.06. The company has a market cap of $124.17 billion, a price-to-earnings ratio of 18.72, a PEG ratio of 2.73 and a beta of 0.86.

Lowe’s Companies (NYSE:LOW) last issued its quarterly earnings data on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.97 by $0.06. Lowe’s Companies had a negative return on equity of 67.96% and a net margin of 7.51%.The firm had revenue of $23.08 billion during the quarter, compared to the consensus estimate of $22.98 billion. During the same quarter in the previous year, the company posted $2.92 EPS. The business’s revenue for the quarter was up 10.3% compared to the same quarter last year. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. As a group, research analysts predict that Lowe’s Companies, Inc. will post 12.48 EPS for the current fiscal year.

Lowe’s Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 5th. Shareholders of record on Wednesday, July 22nd will be given a $1.25 dividend. This represents a $5.00 annualized dividend and a yield of 2.3%. The ex-dividend date is Wednesday, July 22nd. This is a positive change from Lowe’s Companies’s previous quarterly dividend of $1.20. Lowe’s Companies’s dividend payout ratio is presently 40.57%.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. DA Davidson reaffirmed a “neutral” rating and issued a $275.00 price target on shares of Lowe’s Companies in a research note on Wednesday, May 20th. Mizuho decreased their price target on Lowe’s Companies from $294.00 to $280.00 and set an “outperform” rating on the stock in a research note on Thursday, May 21st. Bank of America decreased their price target on Lowe’s Companies from $260.00 to $257.00 and set a “neutral” rating on the stock in a research note on Thursday, May 21st. Craig Hallum raised Lowe’s Companies to a “buy” rating in a research note on Tuesday, May 12th. Finally, Truist Financial decreased their price target on Lowe’s Companies from $280.00 to $255.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. Twenty-three equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $264.57.

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.