Lowe’s Companies (NYSE:LOW) Releases Quarterly Earnings Results, Beats Expectations By $0.18 EPS

Lowe’s Companies (NYSE:LOW) released its quarterly earnings results on Wednesday. The home improvement retailer reported $4.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.22 by $0.18, Zacks reports. Lowe’s Companies had a negative return on equity of 67.96% and a net margin of 7.51%. Lowe’s Companies updated its FY 2026 guidance to 12.250-12.250 EPS.

Lowe’s Companies Price Performance

Shares of LOW stock opened at $215.94 on Wednesday. The firm has a market cap of $121.08 billion, a P/E ratio of 18.25, a P/E/G ratio of 2.79 and a beta of 0.86. The firm has a fifty day moving average of $216.12 and a two-hundred day moving average of $233.78. Lowe’s Companies has a 1-year low of $199.40 and a 1-year high of $293.06.

Lowe’s Companies Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Wednesday, July 22nd were given a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was 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 currently 42.27%.

Insider Buying and Selling

In other news, EVP Margrethe R. Vagell sold 2,500 shares of the company’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $223.83, for a total transaction of $559,575.00. Following the completion of the transaction, the executive vice president owned 20,220 shares in the company, valued at approximately $4,525,842.60. This represents a 11.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Juliette Williams Pryor sold 9,330 shares of the stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $224.81, for a total transaction of $2,097,477.30. Following the completion of the transaction, the executive vice president owned 16,142 shares of the company’s stock, valued at $3,628,883.02. This represents a 36.63% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 25,980 shares of company stock valued at $5,796,937. Insiders own 0.29% of the company’s stock.

Institutional Trading of Lowe’s Companies

A number of hedge funds have recently made changes to their positions in the stock. Brighton Jones LLC lifted its stake in shares of Lowe’s Companies by 119.7% in the 4th 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 during the last quarter. Schnieders Capital Management LLC. increased its holdings in shares of Lowe’s Companies by 13.1% during the second quarter. Schnieders Capital Management LLC. now owns 2,378 shares of the home improvement retailer’s stock valued at $528,000 after acquiring an additional 275 shares in the last quarter. Sivia Capital Partners LLC lifted its position in Lowe’s Companies by 22.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,534 shares of the home improvement retailer’s stock valued at $340,000 after acquiring an additional 280 shares in the last quarter. Revolve Wealth Partners LLC raised its position in Lowe’s Companies by 31.6% in the 4th quarter. Revolve Wealth Partners LLC now owns 1,078 shares of the home improvement retailer’s stock valued at $266,000 after buying an additional 259 shares during the last quarter. Finally, Miller Capital Partners Inc. purchased a new position in Lowe’s Companies during the fourth quarter worth about $55,000. 74.06% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Lowe’s Companies

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

• Positive Sentiment: Lowe’s reported adjusted diluted EPS of $4.40, beating the consensus estimate by $0.18. GAAP diluted EPS was $4.27, while net earnings totaled approximately $2.4 billion. Lowe’s Q2 earnings report
• Positive Sentiment: Comparable sales increased 0.2%, and the company continues to benefit from its professional-customer, online and home-services businesses, which are helping offset weaker discretionary demand. Lowe’s second-quarter results
• Neutral Sentiment: Revenue rose to $25.96 billion, but it missed analysts’ expectations by roughly $150 million. GAAP EPS was unchanged from the year-earlier quarter, indicating limited profit growth despite higher sales. Lowe’s muted outlook
• Negative Sentiment: Lowe’s guided 2026 adjusted EPS to approximately $12.25 and revenue to about $92.0 billion, both below consensus estimates of $12.88 and $93.3 billion. Management expects persistent pressure in DIY spending as consumers delay expensive renovation projects amid a difficult housing market. Lowe’s cuts annual sales forecast

Wall Street Analyst Weigh In

LOW has been the topic of a number of recent research reports. Citigroup reduced their target price on Lowe’s Companies from $285.00 to $267.00 and set a “buy” rating on the stock in a research note on Thursday, August 13th. UBS Group reduced their target price on Lowe’s Companies from $315.00 to $285.00 and set a “buy” rating on the stock in a research report 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. DA Davidson reaffirmed a “neutral” rating and set a $275.00 price objective on shares of Lowe’s Companies in a research note on Wednesday, May 20th. Finally, Stifel Nicolaus cut their price objective on shares of Lowe’s Companies from $270.00 to $220.00 and set a “hold” rating on the stock in a report on Monday, May 18th. Twenty-three analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $262.63.

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.