Lowe’s Companies (NYSE:LOW) Receives Hold Rating from TD Cowen

Lowe’s Companies (NYSE:LOW)‘s stock had its “hold” rating restated by stock analysts at TD Cowen in a report issued on Thursday,Benzinga reports. They currently have a $235.00 target price on the home improvement retailer’s stock. TD Cowen’s price target would indicate a potential upside of 8.23% from the stock’s previous close.

A number of other research firms have also weighed in on LOW. UBS Group lowered their target price on Lowe’s Companies from $315.00 to $285.00 and set a “buy” rating for the company in a report on Thursday, May 21st. Evercore reduced their price target on Lowe’s Companies from $250.00 to $230.00 in a research report on Thursday, May 21st. BTIG Research downgraded Lowe’s Companies to a “reduce” rating in a research report on Tuesday, May 12th. William Blair initiated coverage on Lowe’s Companies in a research report on Tuesday, May 12th. They set an “overweight” rating on the stock. Finally, Wells Fargo & Company cut their target price on Lowe’s Companies from $255.00 to $245.00 and set an “overweight” rating on the stock in a research note on Tuesday, August 11th. Twenty-three research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Lowe’s Companies has a consensus rating of “Moderate Buy” and an average target price of $260.63.

Lowe’s Companies Price Performance

Shares of NYSE:LOW traded down $2.87 during trading hours on Thursday, hitting $217.13. The company’s stock had a trading volume of 341,587 shares, compared to its average volume of 2,866,674. The firm’s fifty day moving average price is $216.21 and its 200 day moving average price is $233.46. Lowe’s Companies has a 52 week low of $199.40 and a 52 week high of $293.06. The company has a market capitalization of $121.75 billion, a price-to-earnings ratio of 18.35, a P/E/G ratio of 2.76 and a beta of 0.86.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings data on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.22 by $0.18. The firm had revenue of $25.96 billion for the quarter, compared to the consensus estimate of $26.13 billion. Lowe’s Companies had a net margin of 7.51% and a negative return on equity of 67.96%. The company’s quarterly revenue was up 8.3% on a year-over-year basis. During the same period last year, the firm earned $4.33 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. On average, equities research analysts predict that Lowe’s Companies will post 12.43 earnings per share for the current fiscal year.

Insider Activity

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

Institutional Investors Weigh In On Lowe’s Companies

Institutional investors and hedge funds have recently modified their holdings of the company. Brighton Jones LLC increased its holdings in Lowe’s Companies by 119.7% in the 4th quarter. Brighton Jones LLC now owns 31,965 shares of the home improvement retailer’s stock worth $7,889,000 after buying an additional 17,413 shares during the period. Revolve Wealth Partners LLC lifted its stake in Lowe’s Companies by 31.6% during the 4th quarter. Revolve Wealth Partners LLC now owns 1,078 shares of the home improvement retailer’s stock valued at $266,000 after acquiring an additional 259 shares during the period. Sivia Capital Partners LLC boosted its holdings in shares of Lowe’s Companies by 22.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,534 shares of the home improvement retailer’s stock valued at $340,000 after acquiring an additional 280 shares during the last quarter. United Bank boosted its holdings in shares of Lowe’s Companies by 1.3% in the 2nd quarter. United Bank now owns 12,124 shares of the home improvement retailer’s stock valued at $2,690,000 after acquiring an additional 155 shares during the last quarter. Finally, Schnieders Capital Management LLC. increased its stake in shares of Lowe’s Companies by 13.1% in the second quarter. Schnieders Capital Management LLC. now owns 2,378 shares of the home improvement retailer’s stock worth $528,000 after acquiring an additional 275 shares during the period. Institutional investors and hedge funds own 74.06% of the company’s stock.

Key Headlines Impacting Lowe’s Companies

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

• Positive Sentiment: Adjusted earnings were $4.40 per share, exceeding the $4.22 analyst consensus and rising from $4.33 a year earlier. Net sales increased 8.3% to $25.96 billion, while comparable sales edged up 0.2%. Lowe’s second-quarter results
• Positive Sentiment: Performance was helped by a roughly $80 million refund related to Trump-era tariffs. Management said the benefit will not be passed along through lower prices, supporting near-term margins and earnings, though the refund is viewed as a one-time benefit. Lowe’s tariff refund
• Positive Sentiment: Mizuho lowered its price target from $280 to $250 but maintained an “outperform” rating, implying meaningful upside from recent trading levels. DA Davidson kept a “neutral” rating with a $245 target.

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.