Lowe’s Companies, Inc. $LOW Shares Sold by Fifth Third Bancorp

Fifth Third Bancorp lowered its stake in Lowe’s Companies, Inc. (NYSE:LOW) by 8.9% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 397,454 shares of the home improvement retailer’s stock after selling 39,050 shares during the quarter. Fifth Third Bancorp’s holdings in Lowe’s Companies were worth $87,635,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of LOW. Norges Bank acquired a new position in shares of Lowe’s Companies in the fourth quarter worth $1,993,697,000. Price T Rowe Associates Inc. MD boosted its stake in shares of Lowe’s Companies by 45.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 6,555,565 shares of the home improvement retailer’s stock valued at $1,580,941,000 after acquiring an additional 2,039,343 shares during the last quarter. J. Stern & Co. LLP boosted its stake in shares of Lowe’s Companies by 7,814.9% during the fourth quarter. J. Stern & Co. LLP now owns 1,490,369 shares of the home improvement retailer’s stock valued at $359,417,000 after acquiring an additional 1,471,539 shares during the last quarter. Eurizon Capital SGR S.p.A. purchased a new stake in Lowe’s Companies during the 4th quarter worth about $308,683,000. Finally, Vanguard Group Inc. increased its position in Lowe’s Companies by 1.7% during the 4th quarter. Vanguard Group Inc. now owns 56,230,787 shares of the home improvement retailer’s stock worth $13,560,617,000 after purchasing an additional 924,625 shares in the last quarter. Institutional investors and hedge funds own 74.06% of the company’s stock.

Lowe’s Companies Price Performance

Lowe’s Companies stock opened at $218.19 on Friday. Lowe’s Companies, Inc. has a 12-month low of $199.40 and a 12-month high of $293.06. The company has a market capitalization of $122.34 billion, a price-to-earnings ratio of 18.44, a price-to-earnings-growth ratio of 2.79 and a beta of 0.86. The firm’s fifty day moving average price is $216.00 and its 200 day moving average price is $234.87.

Lowe’s Companies (NYSE:LOW) last issued its quarterly earnings data 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 firm had revenue of $23.08 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.92 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. Analysts forecast that Lowe’s Companies, Inc. will post 12.43 earnings per share for the current fiscal year.

Lowe’s Companies Increases Dividend

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

Key Lowe’s Companies News

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

Insider Buying and Selling at Lowe’s Companies

In other news, EVP Janice Dupre sold 14,150 shares of the stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $221.90, for a total transaction of $3,139,885.00. Following the completion of the transaction, the executive vice president directly owned 39,785 shares in the company, valued at approximately $8,828,291.50. This represents a 26.24% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Margrethe R. Vagell sold 2,500 shares of the 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 transaction, the executive vice president owned 20,220 shares of the company’s stock, valued at approximately $4,525,842.60. This trade represents a 11.00% 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.

Analysts Set New Price Targets

LOW has been the topic of a number of recent research reports. BNP Paribas Exane reduced their target price on shares of Lowe’s Companies from $228.00 to $202.00 and set an “underperform” rating on the stock in a report on Thursday, May 21st. UBS Group lowered their price target on shares of Lowe’s Companies from $315.00 to $285.00 and set a “buy” rating for the company in a report on Thursday, May 21st. Truist Financial cut their price objective on shares of Lowe’s Companies from $280.00 to $255.00 and set a “buy” rating for the company in a research report on Thursday, May 21st. Morgan Stanley cut 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 report on Thursday, May 21st. Finally, Royal Bank Of Canada decreased their target price on shares of Lowe’s Companies from $232.00 to $231.00 and set a “sector perform” rating on the stock in a research report on Wednesday. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $262.63.

Lowe’s Companies 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.