Massachusetts Financial Services Co. MA Sells 797,594 Shares of Lowe’s Companies, Inc. $LOW

Massachusetts Financial Services Co. MA lowered its position in Lowe’s Companies, Inc. (NYSE:LOW) by 13.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,224,770 shares of the home improvement retailer’s stock after selling 797,594 shares during the quarter. Massachusetts Financial Services Co. MA’s holdings in Lowe’s Companies were worth $1,145,617,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Lowe Brockenbrough & Co. Inc. raised its position in Lowe’s Companies by 0.6% during the 2nd quarter. Lowe Brockenbrough & Co. Inc. now owns 39,548 shares of the home improvement retailer’s stock valued at $8,720,000 after purchasing an additional 251 shares in the last quarter. Jennison Associates LLC grew its position in shares of Lowe’s Companies by 22.1% during the 2nd quarter. Jennison Associates LLC now owns 341,388 shares of the home improvement retailer’s stock worth $75,273,000 after buying an additional 61,839 shares in the last quarter. First Community Trust NA grew its position in shares of Lowe’s Companies by 46.7% during the 2nd quarter. First Community Trust NA now owns 625 shares of the home improvement retailer’s stock worth $138,000 after buying an additional 199 shares in the last quarter. Butensky & Cohen Financial Security Inc. increased its stake in shares of Lowe’s Companies by 3.7% during the second quarter. Butensky & Cohen Financial Security Inc. now owns 22,747 shares of the home improvement retailer’s stock valued at $5,015,000 after buying an additional 806 shares during the period. Finally, Whitener Capital Management Inc. increased its stake in shares of Lowe’s Companies by 4.7% during the second quarter. Whitener Capital Management Inc. now owns 21,343 shares of the home improvement retailer’s stock valued at $4,706,000 after buying an additional 966 shares during the period. 74.06% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Lowe’s Companies news, EVP Margrethe R. Vagell sold 2,500 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $223.83, for a total value of $559,575.00. Following the completion of the sale, the executive vice president directly owned 20,220 shares in the company, valued at $4,525,842.60. This trade represents a 11.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Juliette Williams Pryor sold 9,330 shares of Lowe’s Companies stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $224.81, for a total transaction of $2,097,477.30. Following the completion of the transaction, the executive vice president directly owned 16,142 shares in the company, valued at $3,628,883.02. This represents a 36.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 25,980 shares of company stock worth $5,796,937 in the last 90 days. 0.29% of the stock is owned by corporate insiders.

Trending Headlines about Lowe’s Companies

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

• Positive Sentiment: Lowe’s is described as trading at its lowest forward price-to-earnings multiple in more than two years. Its status as a Dividend King, along with a recent dividend increase, strengthens the long-term income-investment case. 1 Number That Makes Lowe’s Stock an Obvious Buy Before Aug. 19
• Positive Sentiment: Several analysts remain moderately optimistic despite the recent underperformance. Citigroup retained a “buy” rating while lowering its price target to $267 from $285, and Wells Fargo’s reduced target of $245 still implies meaningful upside from recent levels. Citigroup Lowe’s Price Target Update
• Positive Sentiment: Investor articles argue that a series of downward Q2 EPS estimate revisions may have lowered expectations and created the potential for a favorable earnings surprise. The longer-term bull case remains tied to Lowe’s brand strength, home-improvement demand and operating potential. Lowe’s Q2 EPS Revisions
• Neutral Sentiment: Wall Street projections for the quarter ended July 2026 are focusing on key operating metrics beyond revenue and EPS. The Aug. 19 report is the next major catalyst and could determine the near-term direction of the shares. Insights Into Lowe’s Q2 Wall Street Projections
• Neutral Sentiment: Lowe’s has completed a five-year, $100 million hometown revitalization commitment and announced additional community investments. These efforts may support brand reputation but are unlikely to materially affect near-term earnings. Is Lowe’s Companies Undervalued As Its Earnings Call Nears?
• Negative Sentiment: Royal Bank of Canada lowered its expectations for Lowe’s, adding to concerns about near-term performance ahead of earnings. The company also faces elevated expectations around its upcoming results despite recent estimate reductions. Royal Bank of Canada Lowe’s Expectations

Lowe’s Companies Price Performance

Shares of LOW stock opened at $218.19 on Friday. Lowe’s Companies, Inc. has a 1-year low of $199.40 and a 1-year high of $293.06. The stock’s 50-day moving average is $216.00 and its 200 day moving average is $234.87. The company has a market cap of $122.34 billion, a P/E ratio of 18.44, a PEG ratio of 2.79 and a beta of 0.86.

Lowe’s Companies (NYSE:LOW) last announced its earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 EPS for the quarter, topping analysts’ consensus estimates of $2.97 by $0.06. The business had revenue of $23.08 billion during the quarter, compared to the consensus estimate of $22.98 billion. Lowe’s Companies had a net margin of 7.51% and a negative return on equity of 67.96%. The firm’s revenue was up 10.3% on a year-over-year basis. During the same period in the previous year, the company posted $2.92 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. On average, analysts anticipate that Lowe’s Companies, Inc. will post 12.44 EPS for the current year.

Lowe’s Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Wednesday, July 22nd were given a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Wednesday, July 22nd. This is an increase from Lowe’s Companies’s previous quarterly dividend of $1.20. Lowe’s Companies’s payout ratio is presently 42.27%.

Analysts Set New Price Targets

LOW has been the subject of a number of research reports. Morgan Stanley lowered their price objective on shares of Lowe’s Companies from $292.00 to $277.00 and set an “overweight” rating for the company in a research note on Thursday, May 21st. UBS Group cut their target price on shares of Lowe’s Companies from $315.00 to $285.00 and set a “buy” rating on the stock in a research report on Thursday, May 21st. Benchmark started coverage on shares of Lowe’s Companies in a report on Tuesday, May 12th. They issued a “hold” rating for the company. Royal Bank Of Canada reduced their price target on shares of Lowe’s Companies from $232.00 to $231.00 and set a “sector perform” rating for the company in a report on Wednesday. Finally, Bank of America dropped their price objective on shares of Lowe’s Companies from $260.00 to $257.00 and set a “neutral” rating on the stock in a research note on Thursday, May 21st. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $262.63.

About Lowe’s Companies

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.