First Nebraska Trust Co acquired a new position in shares of Lowe’s Companies, Inc. (NYSE:LOW – Free Report) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 37,589 shares of the home improvement retailer’s stock, valued at approximately $6,927,000.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. BlackRock Inc. increased its holdings in Lowe’s Companies by 1.8% in the second quarter. BlackRock Inc. now owns 40,545,728 shares of the home improvement retailer’s stock valued at $8,939,928,000 after buying an additional 714,092 shares during the last quarter. State Street Corp raised its stake in Lowe’s Companies by 3.6% in the second quarter. State Street Corp now owns 25,329,373 shares of the home improvement retailer’s stock valued at $5,584,873,000 after buying an additional 880,815 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in Lowe’s Companies by 1.4% during the 2nd 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 buying an additional 57,167 shares during the last quarter. Amundi increased its holdings in shares of Lowe’s Companies by 57.3% in the 2nd quarter. Amundi now owns 2,892,868 shares of the home improvement retailer’s stock valued at $637,848,000 after acquiring an additional 1,053,237 shares during the last quarter. Finally, Swiss National Bank increased its holdings in shares of Lowe’s Companies by 7.1% in the 1st quarter. Swiss National Bank now owns 1,646,320 shares of the home improvement retailer’s stock valued at $388,992,000 after acquiring an additional 109,520 shares during the last quarter. Institutional investors and hedge funds own 74.06% of the company’s stock.
Trending Headlines about Lowe’s Companies
Here are the key news stories impacting Lowe’s Companies this week:
- Positive Sentiment: Lowe’s is building momentum in its professional-customer business with targeted investment, digital tools and acquisitions. That growth could help offset softer DIY and remodeling demand and support its Total Home strategy. Lowe’s Pro Momentum Adds Strength to Its Total Home Strategy
- Neutral Sentiment: The company is set to open its eighth and final new store of 2026 in Texas. The added location expands its footprint, but the article does not suggest the opening is large enough to materially change near-term results. Lowe’s opening one more store in 2026
- Neutral Sentiment: Coverage highlighted Lowe’s upcoming dividend payment and November earnings report, but provided no details on the payout or earnings outlook that would indicate a change in expectations. Lowe’s stock heads toward dividend payment before November earnings
- Negative Sentiment: A market recap noted that LOW fell despite gains in the wider market, but did not point to a specific Lowe’s announcement or fundamental development behind the move. Lowe’s Stock Drops Despite Market Gains
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on the company. Royal Bank Of Canada reissued a “sector perform” rating and set a $231.00 target price on shares of Lowe’s Companies in a research report on Thursday, August 20th. Morgan Stanley reaffirmed an “overweight” rating on shares of Lowe’s Companies in a report on Thursday, August 20th. Melius Research set a $244.00 price target on shares of Lowe’s Companies in a research note on Tuesday, October 6th. DA Davidson reiterated a “neutral” rating and issued a $245.00 price target on shares of Lowe’s Companies in a research note on Wednesday, August 19th. Finally, Guggenheim reissued a “buy” rating and set a $275.00 price objective on shares of Lowe’s Companies in a report on Monday, September 21st. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $253.48.
View Our Latest Report on Lowe’s Companies
Lowe’s Companies Price Performance
Shares of LOW opened at $213.15 on Wednesday. Lowe’s Companies, Inc. has a 1-year low of $178.45 and a 1-year high of $293.06. The stock has a market cap of $119.59 billion, a PE ratio of 18.02, a price-to-earnings-growth ratio of 1.83 and a beta of 0.81. The firm has a fifty day moving average price of $196.19 and a 200 day moving average price of $225.84.
Lowe’s Companies (NYSE:LOW – Get Free Report) last issued its quarterly earnings data on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.22 by $0.18. The company had revenue of $25.96 billion for 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 business’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter last year, the company posted $4.33 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. As a group, equities analysts expect that Lowe’s Companies, Inc. will post 12.25 EPS for the current fiscal year.
Lowe’s Companies Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 4th. Investors of record on Wednesday, October 21st will be given a $1.25 dividend. The ex-dividend date of this dividend is Wednesday, October 21st. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.3%. Lowe’s Companies’s dividend payout ratio is 42.27%.
About Lowe’s Companies
Lowe’s Companies, Inc is a home improvement retailer serving do-it-yourself customers, professional contractors and commercial customers across the United States. The company sells products for home construction, maintenance, repair, remodeling and improvement through its stores and digital platforms.
Its merchandise includes appliances, tools, hardware, lumber, building materials, electrical and plumbing supplies, paint, flooring, kitchen and bathroom products, outdoor living items, lawn and garden products, and seasonal merchandise.
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