Lowe’s Companies, Inc. $LOW Stock Sold by Focused Investors LLC

Focused Investors LLC lowered its stake in Lowe’s Companies, Inc. (NYSE:LOW) by 16.3% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 327,050 shares of the home improvement retailer’s stock after selling 63,900 shares during the period. Lowe’s Companies comprises 2.5% of Focused Investors LLC’s holdings, making the stock its 19th largest position. Focused Investors LLC’s holdings in Lowe’s Companies were worth $60,272,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Garner Asset Management Corp grew its stake in shares of Lowe’s Companies by 9.1% in the third quarter. Garner Asset Management Corp now owns 2,721 shares of the home improvement retailer’s stock worth $539,000 after purchasing an additional 226 shares during the last quarter. Tucker Asset Management LLC bought a new position in Lowe’s Companies during the 3rd quarter valued at approximately $925,000. Gerber Kawasaki Wealth & Investment Management bought a new position in Lowe’s Companies during the 3rd quarter valued at approximately $254,000. Next Level Wealth Planning LLC purchased a new stake in Lowe’s Companies in the 3rd quarter worth approximately $37,000. Finally, Capital Management Corp VA lifted its holdings in Lowe’s Companies by 18.5% in the 3rd quarter. Capital Management Corp VA now owns 72,223 shares of the home improvement retailer’s stock worth $13,310,000 after buying an additional 11,299 shares during the period. Hedge funds and other institutional investors own 74.06% of the company’s stock.

Key Headlines Impacting 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

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on LOW shares. Royal Bank Of Canada reiterated 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 report on Tuesday, October 6th. Truist Financial dropped their price target on Lowe’s Companies from $255.00 to $254.00 and set a “buy” rating for the company 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 on the stock in a report on Wednesday, September 9th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Lowe’s Companies from $279.00 to $252.00 and set an “overweight” rating on the stock in a research report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $253.48.

Lowe’s Companies Price Performance

Shares of LOW opened at $213.15 on Wednesday. The company has a 50-day simple moving average of $196.19 and a two-hundred day simple moving average of $225.84. The firm has a market capitalization 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. Lowe’s Companies, Inc. has a one year low of $178.45 and a one year high of $293.06.

Lowe’s Companies (NYSE:LOW) last posted its earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share for the quarter, topping analysts’ consensus estimates of $4.22 by $0.18. Lowe’s Companies had a negative return on equity of 75.67% and a net margin of 7.34%. The firm had revenue of $25.96 billion for the quarter, compared to the consensus estimate of $26.13 billion. During the same quarter in the prior year, the business earned $4.33 EPS. The business’s revenue for the quarter was up 8.3% on a year-over-year basis. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. Analysts expect that Lowe’s Companies, Inc. will post 12.25 EPS for the current fiscal year.

Lowe’s Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 4th. Investors of record on Wednesday, October 21st will be paid a $1.25 dividend. This represents a $5.00 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Wednesday, October 21st. Lowe’s Companies’s dividend payout ratio is presently 42.27%.

Lowe’s Companies Company Profile

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.