Lowe’s Companies, Inc. (NYSE:LOW) Receives $257.63 Consensus Target Price from Brokerages

Shares of Lowe’s Companies, Inc. (NYSE:LOW) have been given a consensus recommendation of “Moderate Buy” by the thirty-six analysts that are presently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, eleven have issued a hold recommendation and twenty-three have given a buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $257.6333.

LOW has been the subject of several recent research reports. UBS Group lowered their price objective on shares of Lowe’s Companies from $285.00 to $275.00 and set a “buy” rating for the company in a research report on Thursday, August 20th. DA Davidson reissued a “neutral” rating and set a $245.00 target price on shares of Lowe’s Companies in a research report on Wednesday, August 19th. Sanford C. Bernstein decreased their target price on shares of Lowe’s Companies from $261.00 to $254.00 and set an “outperform” rating for the company in a research note on Wednesday, September 9th. Wolfe Research set a $254.00 target price on shares of Lowe’s Companies in a research note on Thursday, May 21st. Finally, Telsey Advisory Group lowered their price target on shares of Lowe’s Companies from $280.00 to $260.00 and set an “outperform” rating for the company in a report on Thursday, August 20th.

Insiders Place Their Bets

In other news, EVP Margrethe Vagell sold 2,500 shares of the firm’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $223.83, for a total transaction of $559,575.00. Following the completion of the sale, the executive vice president directly owned 20,220 shares in the company, valued at $4,525,842.60. This trade represents a 11.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.29% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Rench Wealth Management Inc. increased its holdings in shares of Lowe’s Companies by 0.7% during the 2nd quarter. Rench Wealth Management Inc. now owns 20,438 shares of the home improvement retailer’s stock valued at $4,506,000 after acquiring an additional 133 shares during the last quarter. Sequoia Financial Advisors LLC raised its stake in shares of Lowe’s Companies by 2.0% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 47,504 shares of the home improvement retailer’s stock valued at $10,474,000 after acquiring an additional 922 shares in the last quarter. Tidal Investments LLC lifted its holdings in Lowe’s Companies by 21.3% in the 2nd quarter. Tidal Investments LLC now owns 144,891 shares of the home improvement retailer’s stock worth $31,947,000 after purchasing an additional 25,448 shares during the last quarter. MCF Advisors LLC lifted its holdings in Lowe’s Companies by 1.0% in the 2nd quarter. MCF Advisors LLC now owns 8,147 shares of the home improvement retailer’s stock worth $1,796,000 after purchasing an additional 84 shares during the last quarter. Finally, National Pension Service boosted its position in Lowe’s Companies by 2.8% during the second quarter. National Pension Service now owns 1,387,918 shares of the home improvement retailer’s stock worth $306,022,000 after purchasing an additional 37,378 shares during the period. Hedge funds and other institutional investors own 74.06% of the company’s stock.

Lowe’s Companies Price Performance

Shares of NYSE LOW opened at $194.65 on Friday. Lowe’s Companies has a 1-year low of $194.09 and a 1-year high of $293.06. The business has a 50-day moving average of $210.03 and a 200-day moving average of $223.65. The company has a market capitalization of $109.21 billion, a price-to-earnings ratio of 16.45, a PEG ratio of 2.64 and a beta of 0.85.

Lowe’s Companies (NYSE:LOW) last posted its earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.22 by $0.18. The business had revenue of $25.96 billion during the quarter, compared to analyst estimates of $26.13 billion. Lowe’s Companies had a negative return on equity of 75.67% and a net margin of 7.34%.The company’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same quarter last year, the firm earned $4.33 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. Research analysts expect that Lowe’s Companies will post 12.26 EPS for the current fiscal year.

Lowe’s Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 4th. Shareholders of record on Wednesday, October 21st will be given a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Wednesday, October 21st. Lowe’s Companies’s dividend payout ratio is presently 42.27%.

About Lowe’s Companies

Lowe’s Companies, Inc is a home improvement retailer that serves homeowners, renters, and professional contractors primarily through stores and digital platforms in the United States. The company sells a broad selection of products for maintenance, repair, remodeling, and construction projects.

Its merchandise includes appliances, tools, hardware, lumber, building materials, plumbing and electrical supplies, paint, flooring, lighting, kitchen and bathroom products, outdoor living items, lawn and garden products, and seasonal goods.