iA Global Asset Management Inc. Has $22.11 Million Position in Lowe’s Companies, Inc. $LOW

iA Global Asset Management Inc. increased its stake in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 3.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 91,678 shares of the home improvement retailer’s stock after buying an additional 3,078 shares during the quarter. iA Global Asset Management Inc.’s holdings in Lowe’s Companies were worth $22,109,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Rather & Kittrell Inc. increased its position in shares of Lowe’s Companies by 0.4% during the 4th quarter. Rather & Kittrell Inc. now owns 10,379 shares of the home improvement retailer’s stock valued at $2,503,000 after purchasing an additional 38 shares during the last quarter. Walkner Condon Financial Advisors LLC increased its position in shares of Lowe’s Companies by 4.3% during the 4th quarter. Walkner Condon Financial Advisors LLC now owns 945 shares of the home improvement retailer’s stock valued at $228,000 after purchasing an additional 39 shares during the last quarter. Berger Financial Group Inc increased its position in shares of Lowe’s Companies by 3.6% during the 4th quarter. Berger Financial Group Inc now owns 1,165 shares of the home improvement retailer’s stock valued at $281,000 after purchasing an additional 40 shares during the last quarter. S&CO Inc. increased its position in shares of Lowe’s Companies by 0.6% during the 4th quarter. S&CO Inc. now owns 6,403 shares of the home improvement retailer’s stock valued at $1,544,000 after purchasing an additional 40 shares during the last quarter. Finally, Westfuller Advisors LLC increased its position in shares of Lowe’s Companies by 7.0% during the 4th quarter. Westfuller Advisors LLC now owns 629 shares of the home improvement retailer’s stock valued at $152,000 after purchasing an additional 41 shares during the last quarter. Institutional investors and hedge funds own 74.06% of the company’s stock.

More Lowe’s Companies News

Here are the key news stories impacting Lowe’s Companies this week:

• Positive Sentiment: Analyst commentary remains constructive overall, with Truist and Sanford C. Bernstein both maintaining bullish ratings on Lowe’s while trimming price targets, suggesting Wall Street still sees upside from current levels. Read More
• Positive Sentiment: Investors are looking ahead to Lowe’s Q1 earnings, where Wall Street expects detailed metrics and guidance to help confirm whether recent weakness is temporary or reflects a softer home-improvement demand backdrop. Article Title
• Neutral Sentiment: Lowe’s launched a new “Epically More Messi” marketing campaign tied to loyalty members and the upcoming soccer event, which could support engagement and brand visibility but is not likely a major near-term earnings driver. Article Title
• Neutral Sentiment: Recent articles highlight Lowe’s long-term stock performance and label it a depressed or growth-worthy stock, reinforcing valuation appeal more than changing the near-term operating outlook. Article Title
• Negative Sentiment: The stock has been weighed by recent price-target cuts from multiple firms, including Sanford C. Bernstein and Truist, which signal some caution around the pace of recovery even though ratings remain positive. Article Title
• Negative Sentiment: Broader retail and housing-related concerns remain a headwind, with coverage noting pressure from a softer housing market and shopper sensitivity to retail-theft-related measures in stores. Article Title

Lowe’s Companies Price Performance

Shares of NYSE:LOW opened at $218.54 on Friday. Lowe’s Companies, Inc. has a 1 year low of $210.33 and a 1 year high of $293.06. The company has a market cap of $122.39 billion, a PE ratio of 18.44, a P/E/G ratio of 4.18 and a beta of 0.91. The stock’s 50-day moving average is $238.04 and its 200 day moving average is $248.82.

Lowe’s Companies (NYSE:LOW) last posted its quarterly earnings data on Wednesday, February 25th. The home improvement retailer reported $1.98 earnings per share for the quarter, beating the consensus estimate of $1.94 by $0.04. The business had revenue of $20.59 billion for the quarter, compared to analysts’ expectations of $20.34 billion. Lowe’s Companies had a negative return on equity of 61.40% and a net margin of 7.71%.The business’s revenue was up 10.9% on a year-over-year basis. During the same period in the previous year, the firm posted $1.93 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. Analysts expect that Lowe’s Companies, Inc. will post 12.61 EPS for the current fiscal year.

Lowe’s Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Wednesday, April 22nd were given a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Wednesday, April 22nd. Lowe’s Companies’s payout ratio is presently 40.51%.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Raymond James Financial lowered Lowe’s Companies from a “market perform” rating to a “market perform” rating in a research report on Tuesday. Mizuho boosted their target price on Lowe’s Companies from $272.00 to $294.00 and gave the company an “outperform” rating in a research note on Friday, February 27th. Argus raised their price target on Lowe’s Companies from $286.00 to $288.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Truist Financial reduced their price target on Lowe’s Companies from $293.00 to $280.00 and set a “buy” rating on the stock in a research report on Wednesday. Finally, Robert W. Baird raised their price target on Lowe’s Companies from $290.00 to $320.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 17th. Twenty-two research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Lowe’s Companies currently has an average rating of “Moderate Buy” and a consensus target price of $286.17.

Lowe’s Companies Company Profile

Lowe’s Companies, Inc is a leading home improvement retailer that operates large-format stores and digital channels serving both do-it-yourself homeowners and professional contractors. The company offers a broad assortment of products including building materials, lumber, appliances, tools and hardware, plumbing and electrical supplies, paint, flooring, kitchen and bath fixtures, outdoor and garden products, and home decor. Lowe’s also provides a range of services such as installation, home improvement financing, tool and equipment rental, and contractor-focused sales programs.

Operations are centered on a nationwide brick-and-mortar store network supported by distribution centers and an e-commerce platform that enables online ordering, delivery and in-store pickup.