Unison Asset Management LLC Has $7.44 Million Holdings in Lowe’s Companies, Inc. $LOW

Unison Asset Management LLC decreased its stake in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 23.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 30,685 shares of the home improvement retailer’s stock after selling 9,353 shares during the period. Lowe’s Companies accounts for about 3.3% of Unison Asset Management LLC’s investment portfolio, making the stock its 12th biggest holding. Unison Asset Management LLC’s holdings in Lowe’s Companies were worth $7,443,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of LOW. Activest Wealth Management grew its position in shares of Lowe’s Companies by 78.5% during the 3rd quarter. Activest Wealth Management now owns 116 shares of the home improvement retailer’s stock worth $29,000 after buying an additional 51 shares during the period. OLD Second National Bank of Aurora grew its position in shares of Lowe’s Companies by 52.5% during the 4th quarter. OLD Second National Bank of Aurora now owns 122 shares of the home improvement retailer’s stock worth $29,000 after buying an additional 42 shares during the period. United Financial Planning Group LLC acquired a new stake in shares of Lowe’s Companies during the 3rd quarter worth approximately $31,000. Triumph Capital Management acquired a new stake in shares of Lowe’s Companies during the 3rd quarter worth approximately $34,000. Finally, Guerra Advisors Inc bought a new position in shares of Lowe’s Companies in the 3rd quarter worth $35,000. Institutional investors and hedge funds own 74.06% of the company’s stock.

Lowe’s Companies Trading Down 1.4%

Shares of NYSE:LOW opened at $211.95 on Wednesday. The stock’s fifty day simple moving average is $233.76 and its two-hundred day simple moving average is $247.80. Lowe’s Companies, Inc. has a 1-year low of $208.00 and a 1-year high of $293.06. The stock has a market cap of $118.70 billion, a PE ratio of 17.92, a price-to-earnings-growth ratio of 4.65 and a beta of 0.91.

Lowe’s Companies (NYSE:LOW) last issued its quarterly earnings data on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share for the quarter, beating the consensus estimate of $2.97 by $0.06. Lowe’s Companies had a negative return on equity of 67.96% and a net margin of 7.51%.The business had revenue of $23.08 billion for the quarter, compared to analysts’ expectations of $22.98 billion. During the same period last year, the business earned $2.92 EPS. The business’s revenue was up 10.3% on a year-over-year basis. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. On average, sell-side analysts forecast that Lowe’s Companies, Inc. will post 12.52 earnings per share for the current fiscal year.

Lowe’s Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Wednesday, April 22nd were paid a dividend of $1.20 per share. The ex-dividend date was Wednesday, April 22nd. This represents a $4.80 annualized dividend and a yield of 2.3%. Lowe’s Companies’s dividend payout ratio (DPR) is 40.57%.

Wall Street Analysts Forecast Growth

LOW has been the topic of a number of recent research reports. Oppenheimer cut their target price on Lowe’s Companies from $315.00 to $275.00 and set an “outperform” rating on the stock in a report on Monday, May 18th. Stifel Nicolaus cut their target price on Lowe’s Companies from $270.00 to $220.00 and set a “hold” rating on the stock in a report on Monday, May 18th. Weiss Ratings cut Lowe’s Companies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 4th. Royal Bank Of Canada cut their target price on Lowe’s Companies from $264.00 to $232.00 and set a “sector perform” rating on the stock in a report on Thursday, May 21st. Finally, Evercore cut their target price on Lowe’s Companies from $250.00 to $230.00 in a report on Thursday, May 21st. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $264.57.

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.