Lowe’s Companies, Inc. $LOW Shares Newly Bought by Sawyer & Company Inc

Sawyer & Company Inc purchased a new stake in shares of Lowe’s Companies, Inc. (NYSE:LOW) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 6,646 shares of the home improvement retailer’s stock, valued at approximately $1,225,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in LOW. Amundi lifted its position in shares of Lowe’s Companies by 57.3% in the 2nd quarter. Amundi now owns 2,892,868 shares of the home improvement retailer’s stock worth $637,848,000 after acquiring an additional 1,053,237 shares during the period. State Street Corp increased its position in shares of Lowe’s Companies by 3.6% during the second quarter. State Street Corp now owns 25,329,373 shares of the home improvement retailer’s stock valued at $5,584,873,000 after purchasing an additional 880,815 shares during the period. BlackRock Inc. increased its position in shares of Lowe’s Companies by 1.8% during the second quarter. BlackRock Inc. now owns 40,545,728 shares of the home improvement retailer’s stock valued at $8,939,928,000 after purchasing an additional 714,092 shares during the period. Cullen Capital Management LLC acquired a new position in shares of Lowe’s Companies in the second quarter valued at $139,207,000. Finally, Healthcare of Ontario Pension Plan Trust Fund raised its stake in shares of Lowe’s Companies by 142.4% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,033,232 shares of the home improvement retailer’s stock valued at $244,132,000 after purchasing an additional 607,046 shares in the last quarter. 74.06% of the stock is currently owned by institutional investors.

Key Stories Impacting Lowe’s Companies

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

• Positive Sentiment: Lowe’s valuation remains comparatively attractive, with a price-to-earnings ratio of about 16.9 versus roughly 22.1 for Home Depot. This discount could support the stock if earnings stabilize. Lowe’s stock valuation compared with Home Depot
• Positive Sentiment: Melius Research set a $244 price target for Lowe’s, indicating meaningful upside from recent trading levels and offering a positive analyst signal. Melius Research Lowe’s price target
• Positive Sentiment: Investors are watching Lowe’s dividend profile, including its income appeal and potential for future dividend growth relative to Home Depot. Lowe’s dividend analysis
• Neutral Sentiment: Expansion among professional customers is part of Lowe’s investment case. Separately, Pine Tree’s purchase of a $644 million portfolio containing Lowe’s-anchored retail centers has renewed attention on the value of the company’s store footprint. Lowe’s pro expansion and real estate analysis
• Neutral Sentiment: Lowe’s recently outperformed the broader market in the latest session, but that move appears to be a short-term rebound rather than a resolution of longer-term demand concerns. Lowe’s market performance
• Negative Sentiment: Management’s fiscal 2026 outlook calls for roughly flat comparable sales, reduced from its earlier growth forecast, as cautious homeowners delay do-it-yourself projects. The possibility of shrinking store sales remains a key risk. Lowe’s store sales outlook

Lowe’s Companies Price Performance

Shares of LOW traded down $1.67 during mid-day trading on Wednesday, reaching $196.86. The company had a trading volume of 681,299 shares, compared to its average volume of 2,957,607. The company has a market capitalization of $110.45 billion, a P/E ratio of 16.62, a P/E/G ratio of 1.64 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. The company’s 50-day moving average is $198.55 and its 200-day moving average is $214.16.

Lowe’s Companies (NYSE:LOW) last announced 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. Lowe’s Companies had a negative return on equity of 75.67% and a net margin of 7.34%. The business had revenue of $25.96 billion for the quarter, compared to analyst estimates of $26.13 billion. During the same quarter in the previous year, the firm earned $4.33 EPS. Lowe’s Companies’s quarterly revenue was up 8.3% on a year-over-year basis. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. As a group, equities analysts expect that Lowe’s Companies, Inc. will post 12.26 EPS for the current fiscal year.

Lowe’s Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 4th. Shareholders of record on Wednesday, October 21st will be issued a dividend of $1.25 per share. The ex-dividend date of this dividend is Wednesday, October 21st. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.5%. Lowe’s Companies’s dividend payout ratio (DPR) is presently 42.27%.

Analysts Set New Price Targets

LOW has been the subject of several research reports. Citigroup reduced their target price on Lowe’s Companies from $267.00 to $260.00 and set a “buy” rating for the company in a research report on Thursday, August 20th. Sanford C. Bernstein lowered their price target 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. Evercore set a $190.00 price objective on shares of Lowe’s Companies in a research note on Tuesday, October 6th. JPMorgan Chase & Co. reduced their price objective on shares of Lowe’s Companies from $279.00 to $252.00 and set an “overweight” rating for the company in a report on Friday, July 31st. Finally, KeyCorp reiterated an “overweight” rating and set a $275.00 target price on shares of Lowe’s Companies in a research report on Thursday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $254.29.

Lowe’s Companies Profile

Lowe’s Companies, Inc is a home improvement retailer serving do-it-yourself customers, professional contractors and commercial customers across the United States. The company sells products for home construction, maintenance, repair, remodeling and improvement through its stores and digital platforms.

Its merchandise includes appliances, tools, hardware, lumber, building materials, electrical and plumbing supplies, paint, flooring, kitchen and bathroom products, outdoor living items, lawn and garden products, and seasonal merchandise.