Lowe’s Companies, Inc. $LOW Stock Position Cut by Toth Financial Advisory Corp

Toth Financial Advisory Corp lessened its position in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 18.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 33,913 shares of the home improvement retailer’s stock after selling 7,788 shares during the quarter. Toth Financial Advisory Corp’s holdings in Lowe’s Companies were worth $6,250,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in LOW. BlackRock Inc. grew its position in shares of Lowe’s Companies by 1.8% during the 2nd quarter. BlackRock Inc. now owns 40,545,728 shares of the home improvement retailer’s stock valued at $8,939,928,000 after acquiring an additional 714,092 shares during the period. State Street Corp raised its holdings in Lowe’s Companies by 3.6% in the 2nd quarter. State Street Corp now owns 25,329,373 shares of the home improvement retailer’s stock worth $5,584,873,000 after purchasing an additional 880,815 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Lowe’s Companies by 8.9% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,029,665 shares of the home improvement retailer’s stock worth $1,212,954,000 after purchasing an additional 411,154 shares in the last quarter. Bank of New York Mellon Corp boosted its position in Lowe’s Companies by 1.4% during the second quarter. Bank of New York Mellon Corp now owns 4,104,782 shares of the home improvement retailer’s stock worth $905,063,000 after purchasing an additional 57,167 shares in the last quarter. Finally, Amundi grew its holdings in Lowe’s Companies by 57.3% in the second quarter. Amundi now owns 2,892,868 shares of the home improvement retailer’s stock valued at $637,848,000 after purchasing an additional 1,053,237 shares during the period. Hedge funds and other institutional investors own 74.06% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on LOW shares. Royal Bank Of Canada restated a “sector perform” rating and issued a $231.00 price objective on shares of Lowe’s Companies in a research report on Thursday, August 20th. Melius Research set a $244.00 target price on Lowe’s Companies in a research report on Tuesday. Mizuho dropped their price target on shares of Lowe’s Companies from $280.00 to $250.00 and set an “outperform” rating on the stock in a research note on Thursday, August 20th. Sanford C. Bernstein cut their price target on shares of Lowe’s Companies from $261.00 to $254.00 and set an “outperform” rating for the company in a report on Wednesday, September 9th. Finally, Guggenheim reissued a “buy” rating and issued a $275.00 price target on shares of Lowe’s Companies in a report on Monday, September 21st. Twenty-two investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $254.29.

Lowe’s Companies Stock Up 2.7%

Shares of Lowe’s Companies stock traded up $4.95 during mid-day trading on Thursday, reaching $186.49. 849,735 shares of the stock traded hands, compared to its average volume of 2,941,235. The business has a 50-day moving average of $203.04 and a 200 day moving average of $216.80. Lowe’s Companies, Inc. has a fifty-two week low of $178.45 and a fifty-two week high of $293.06. The stock has a market capitalization of $104.63 billion, a PE ratio of 15.79, a PEG ratio of 1.54 and a beta of 0.89.

Lowe’s Companies (NYSE:LOW) last released its earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share for the quarter, beating the consensus estimate of $4.22 by $0.18. The business had revenue of $25.96 billion for the quarter, compared to the consensus estimate of $26.13 billion. Lowe’s Companies had a negative return on equity of 75.67% and a net margin of 7.34%.The business’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter last year, the business posted $4.33 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. On average, equities research analysts expect that Lowe’s Companies, Inc. 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 issued a $1.25 dividend. The ex-dividend date is Wednesday, October 21st. This represents a $5.00 dividend on an annualized basis and a yield of 2.7%. Lowe’s Companies’s dividend payout ratio (DPR) is presently 42.27%.

Lowe’s Companies Profile

Lowe’s Companies, Inc is a home improvement retailer serving homeowners, renters, and professional contractors primarily in the United States. The company operates through a network of retail stores and digital channels, offering products and services for home repair, maintenance, remodeling, construction, and outdoor living.

Its merchandise includes appliances, tools, hardware, lumber, building materials, plumbing and electrical supplies, paint, flooring, kitchen and bath products, lighting, home décor, lawn and garden equipment, and seasonal goods.