Lowe’s Companies (NYSE:LOW) Earns “Outperform” Rating from Telsey Advisory Group

Lowe’s Companies (NYSE:LOW)‘s stock had its “outperform” rating reissued by research analysts at Telsey Advisory Group in a research report issued to clients and investors on Thursday,Benzinga reports. They currently have a $305.00 target price on the home improvement retailer’s stock. Telsey Advisory Group’s price target indicates a potential upside of 15.72% from the stock’s previous close. Telsey Advisory Group also issued estimates for Lowe’s Companies’ Q3 2026 earnings at $3.11 EPS, FY2026 earnings at $12.45 EPS, Q1 2027 earnings at $3.25 EPS, Q2 2027 earnings at $4.68 EPS, Q3 2027 earnings at $3.34 EPS and FY2027 earnings at $13.57 EPS.

A number of other analysts have also commented on the company. Wells Fargo & Company cut their price target on Lowe’s Companies from $285.00 to $260.00 and set an “overweight” rating on the stock in a report on Thursday, May 8th. Citigroup cut their price target on Lowe’s Companies from $253.00 to $242.00 and set a “neutral” rating on the stock in a report on Thursday, July 31st. Royal Bank Of Canada cut their price target on Lowe’s Companies from $244.00 to $242.00 and set a “sector perform” rating on the stock in a report on Thursday, May 22nd. Mizuho restated an “outperform” rating and issued a $280.00 price target on shares of Lowe’s Companies in a report on Friday, June 13th. Finally, Sanford C. Bernstein set a $266.00 price target on Lowe’s Companies and gave the company an “outperform” rating in a report on Thursday, May 22nd. Sixteen equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $284.33.

Lowe’s Companies Trading Up 3.1%

NYSE:LOW opened at $263.5780 on Thursday. Lowe’s Companies has a 1 year low of $206.38 and a 1 year high of $287.01. The stock has a market cap of $147.72 billion, a price-to-earnings ratio of 21.66, a PEG ratio of 2.41 and a beta of 0.89. The stock has a 50-day moving average price of $230.09 and a two-hundred day moving average price of $230.39.

Lowe’s Companies (NYSE:LOW) last posted its earnings results on Wednesday, August 20th. The home improvement retailer reported $4.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.24 by $0.09. The firm had revenue of $23.96 billion during the quarter, compared to analysts’ expectations of $23.99 billion. Lowe’s Companies had a negative return on equity of 52.02% and a net margin of 8.20%.The company’s revenue was up 1.6% on a year-over-year basis. During the same period in the previous year, the firm earned $4.10 earnings per share. Lowe’s Companies has set its FY 2025 guidance at 12.200-12.450 EPS. Sell-side analysts forecast that Lowe’s Companies will post 11.9 earnings per share for the current year.

Insider Buying and Selling

In other Lowe’s Companies news, CEO Marvin R. Ellison sold 40,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $264.10, for a total transaction of $10,564,000.00. Following the transaction, the chief executive officer owned 249,043 shares of the company’s stock, valued at $65,772,256.30. The trade was a 13.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Juliette Williams Pryor sold 1,130 shares of the business’s stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $227.50, for a total value of $257,075.00. Following the transaction, the executive vice president directly owned 31,898 shares in the company, valued at approximately $7,256,795. This trade represents a 3.42% decrease in their position. The disclosure for this sale can be found here. 0.27% of the stock is owned by insiders.

Hedge Funds Weigh In On Lowe’s Companies

A number of institutional investors have recently bought and sold shares of LOW. Norges Bank acquired a new position in Lowe’s Companies during the second quarter worth approximately $1,773,624,000. Nuveen LLC acquired a new position in shares of Lowe’s Companies in the first quarter valued at approximately $681,215,000. Pacer Advisors Inc. grew its position in shares of Lowe’s Companies by 2,984.6% in the first quarter. Pacer Advisors Inc. now owns 2,038,069 shares of the home improvement retailer’s stock valued at $475,339,000 after purchasing an additional 1,971,996 shares during the last quarter. Kovitz Investment Group Partners LLC grew its position in shares of Lowe’s Companies by 350.2% in the fourth quarter. Kovitz Investment Group Partners LLC now owns 2,373,460 shares of the home improvement retailer’s stock valued at $585,770,000 after purchasing an additional 1,846,315 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in shares of Lowe’s Companies by 26,796.0% in the first quarter. GAMMA Investing LLC now owns 1,657,332 shares of the home improvement retailer’s stock valued at $386,540,000 after purchasing an additional 1,651,170 shares during the last quarter. Institutional investors and hedge funds own 74.06% of the company’s stock.

About Lowe’s Companies

Lowe’s Companies, Inc, together with its subsidiaries, operates as a home improvement retailer in the United States. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It also provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, and electrical.