Lowe’s Companies, Inc. $LOW Stock Bought by S.E.E.D. Planning Group LLC

S.E.E.D. Planning Group LLC raised its stake in Lowe’s Companies, Inc. (NYSE:LOW – Free Report) by 16.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 41,508 shares of the home improvement retailer’s stock after acquiring an additional 5,782 shares during the period. Lowe’s Companies makes up 1.8% of S.E.E.D. Planning Group LLC’s portfolio, making the stock its 21st largest holding. S.E.E.D. Planning Group LLC’s holdings in Lowe’s Companies were worth $7,650,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Smithbridge Asset Management Inc. DE lifted its stake in Lowe’s Companies by 1.1% in the 4th quarter. Smithbridge Asset Management Inc. DE now owns 3,723 shares of the home improvement retailer’s stock valued at $898,000 after purchasing an additional 39 shares during the last quarter. Juno Financial Group LLC raised its stake in Lowe’s Companies by 0.4% in the first quarter. Juno Financial Group LLC now owns 11,889 shares of the home improvement retailer’s stock valued at $2,809,000 after buying an additional 43 shares during the period. TSG Advice Partners LLC lifted its position in shares of Lowe’s Companies by 3.3% in the first quarter. TSG Advice Partners LLC now owns 1,373 shares of the home improvement retailer’s stock valued at $324,000 after buying an additional 44 shares during the last quarter. Foresight Global Investors Inc. lifted its position in shares of Lowe’s Companies by 3.9% in the fourth quarter. Foresight Global Investors Inc. now owns 1,192 shares of the home improvement retailer’s stock valued at $287,000 after buying an additional 45 shares during the last quarter. Finally, Ameliora Wealth Management Ltd. boosted its stake in shares of Lowe’s Companies by 2.5% during the 1st quarter. Ameliora Wealth Management Ltd. now owns 1,834 shares of the home improvement retailer’s stock worth $433,000 after acquiring an additional 45 shares during the period. Hedge funds and other institutional investors own 74.06% of the company’s stock.

Trending Headlines about Lowe’s Companies

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Lowe’s Companies Stock Down 1.3%

Shares of LOW traded down $2.33 during midday trading on Wednesday, reaching $181.34. 1,001,942 shares of the stock were exchanged, compared to its average volume of 2,944,728. The stock’s 50 day simple moving average is $203.72 and its 200 day simple moving average is $217.14. The company has a market cap of $101.74 billion, a P/E ratio of 15.33, a PEG ratio of 1.50 and a beta of 0.89. Lowe’s Companies, Inc. has a twelve month low of $178.45 and a twelve month high of $293.06.

Lowe’s Companies (NYSE:LOW – Get Free Report) last released its quarterly earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 EPS for the quarter, beating the consensus estimate of $4.22 by $0.18. The business 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 7.34% and a negative return on equity of 75.67%. Lowe’s Companies’s revenue was up 8.3% compared to the same quarter last year. During the same period in the prior year, the company posted $4.33 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. As a group, analysts predict that Lowe’s Companies, Inc. will post 12.26 earnings per share for the current year.

Lowe’s Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 4th. Investors of record on Wednesday, October 21st will be paid a $1.25 dividend. This represents a $5.00 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Wednesday, October 21st. Lowe’s Companies’s payout ratio is 42.27%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Wells Fargo & Company dropped their price target 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. Sanford C. Bernstein decreased their price objective on shares of Lowe’s Companies from $261.00 to $254.00 and set an “outperform” rating on the stock in a report on Wednesday, September 9th. Citigroup dropped their price objective on shares of Lowe’s Companies from $267.00 to $260.00 and set a “buy” rating on the stock in a research report on Thursday, August 20th. Evercore set a $190.00 target price on shares of Lowe’s Companies in a research note on Tuesday. Finally, KeyCorp reaffirmed an “overweight” rating and set a $275.00 target price on shares of Lowe’s Companies in a report on Thursday, August 20th. Twenty-two equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Lowe’s Companies has an average rating of “Moderate Buy” and a consensus target price of $254.29.

View Our Latest Research Report on LOW

Lowe’s Companies Company Profile

(Free Report)

Lowe’s Companies, Inc is a home improvement retailer serving homeowners, renters, and professional contractors primarily in the United States. The company operates through a network of retail stores and digital channels, offering products and services for home repair, maintenance, remodeling, construction, and outdoor living.

Its merchandise includes appliances, tools, hardware, lumber, building materials, plumbing and electrical supplies, paint, flooring, kitchen and bath products, lighting, home décor, lawn and garden equipment, and seasonal goods.

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Institutional Ownership by Quarter for Lowe's Companies (NYSE:LOW)

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