Vontobel Holding Ltd. Increases Holdings in Lowe’s Companies, Inc. $LOW

Vontobel Holding Ltd. boosted its holdings in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 8.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 253,415 shares of the home improvement retailer’s stock after purchasing an additional 20,727 shares during the period. Vontobel Holding Ltd.’s holdings in Lowe’s Companies were worth $61,114,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Swiss RE Ltd. purchased a new position in Lowe’s Companies during the 4th quarter valued at about $25,000. United Financial Planning Group LLC purchased a new position in Lowe’s Companies during the 3rd quarter valued at about $31,000. OLD Second National Bank of Aurora increased its holdings in Lowe’s Companies by 52.5% during 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 purchasing an additional 42 shares during the period. Triumph Capital Management purchased a new position in Lowe’s Companies during the 3rd quarter valued at about $34,000. Finally, Financial Life Planners purchased a new position in Lowe’s Companies during the 3rd quarter valued at about $36,000. Hedge funds and other institutional investors own 74.06% of the company’s stock.

Lowe’s Companies Stock Performance

Lowe’s Companies stock opened at $220.57 on Friday. The stock’s 50 day simple moving average is $228.38 and its two-hundred day simple moving average is $246.14. The stock has a market cap of $123.67 billion, a price-to-earnings ratio of 18.64, a PEG ratio of 2.79 and a beta of 0.86. Lowe’s Companies, Inc. has a fifty-two week low of $203.40 and a fifty-two week high of $293.06.

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

Lowe’s Companies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 5th. Investors of record on Wednesday, July 22nd will be paid a $1.25 dividend. This represents a $5.00 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Wednesday, July 22nd. This is an increase from Lowe’s Companies’s previous quarterly dividend of $1.20. Lowe’s Companies’s dividend payout ratio (DPR) is currently 40.57%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on LOW. Argus boosted their price target on Lowe’s Companies from $286.00 to $288.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Royal Bank Of Canada reduced their price target on Lowe’s Companies from $264.00 to $232.00 and set a “sector perform” rating on the stock in a report on Thursday, May 21st. Robert W. Baird reduced their price target on Lowe’s Companies from $320.00 to $270.00 and set an “outperform” rating on the stock in a report on Thursday, May 21st. Mizuho reduced their price target on Lowe’s Companies from $294.00 to $280.00 and set an “outperform” rating on the stock in a report on Thursday, May 21st. Finally, Jefferies Financial Group cut their price objective on Lowe’s Companies from $305.00 to $278.00 and set a “buy” rating on the stock in a research report on Thursday, May 21st. Twenty-three analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Lowe’s Companies currently has a consensus rating of “Moderate Buy” and a consensus price target of $264.57.

Lowe’s Companies 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.