Lowe’s Companies, Inc. $LOW Stock Sold by Fulcrum Asset Management LLP

Fulcrum Asset Management LLP reduced its stake in Lowe’s Companies, Inc. (NYSE:LOW) by 63.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,300 shares of the home improvement retailer’s stock after selling 7,560 shares during the period. Fulcrum Asset Management LLP’s holdings in Lowe’s Companies were worth $805,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. William Mack & Associates Inc. bought a new stake in shares of Lowe’s Companies during the third quarter valued at approximately $31,000. Latitude Advisors LLC purchased a new stake in shares of Lowe’s Companies in the third quarter valued at approximately $32,000. Markowski Investments purchased a new stake in shares of Lowe’s Companies in the second quarter valued at approximately $33,000. John Boyer Inc. purchased a new stake in shares of Lowe’s Companies in the third quarter valued at approximately $36,000. Finally, Next Level Wealth Planning LLC bought a new position in Lowe’s Companies in the third quarter worth approximately $37,000. 74.06% of the stock is currently owned by institutional investors.

Lowe’s Companies News Summary

Investors following LOW have been watching these news items:

• Positive Sentiment: Sanford C. Bernstein and JPMorgan Chase raised their price targets on LOW, providing a favorable analyst signal, although the available reports do not specify the new targets. Article: Bernstein Price Target Boost Article: JPMorgan Price Target Bump
• Neutral Sentiment: Analyst previews point to a possible third-quarter earnings beat, citing an Earnings ESP of +0.59%, Pro demand and digital growth. Lowe’s is scheduled to report on Nov. 18; the results and management’s outlook may be more consequential than the beat potential alone. Article: What’s Lowe’s Probability of an Earnings Beat This Season?
• Negative Sentiment: The immediate pressure appears to reflect a pullback after LOW reached its highest level since May and its recent rally stalled. Earnings previews also flag housing-market weakness and cost pressures, while one analysis expects a mixed home-renovation outlook and describes the shares as fairly valued—potential reasons investors may be cautious ahead of results. Article: Bearish Sentiment Could Give Out Ahead of Lowe’s Earnings Article: Lowe’s Q3 Preview

Lowe’s Companies Trading Down 1.7%

NYSE LOW opened at $227.66 on Friday. The company has a fifty day simple moving average of $199.39 and a two-hundred day simple moving average of $224.22. The stock has a market cap of $127.73 billion, a P/E ratio of 19.24, a P/E/G ratio of 1.99 and a beta of 0.81. Lowe’s Companies, Inc. has a 12-month low of $178.45 and a 12-month high of $293.06.

Lowe’s Companies (NYSE:LOW) last posted its quarterly earnings data on Wednesday, August 19th. The home improvement retailer reported $4.40 EPS for the quarter, topping the consensus estimate of $4.22 by $0.18. The business had revenue of $25.96 billion during 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%. The business’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $4.33 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. As a group, sell-side analysts forecast that Lowe’s Companies, Inc. will post 12.26 earnings per share for the current year.

Lowe’s Companies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 4th. Shareholders of record on Wednesday, October 21st were given a dividend of $1.25 per share. The ex-dividend date of this dividend was Wednesday, October 21st. This represents a $5.00 dividend on an annualized basis and a yield of 2.2%. Lowe’s Companies’s payout ratio is currently 42.27%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on LOW shares. Citigroup reduced their price objective on Lowe’s Companies from $267.00 to $260.00 and set a “buy” rating on the stock in a report on Thursday, August 20th. Piper Sandler lowered their target price on Lowe’s Companies from $276.00 to $274.00 and set an “overweight” rating for the company in a report on Thursday, August 13th. Morgan Stanley reiterated an “overweight” rating on shares of Lowe’s Companies in a report on Thursday, August 20th. Stifel Nicolaus dropped their target price on shares of Lowe’s Companies from $220.00 to $195.00 and set a “hold” rating on the stock in a report on Monday, October 26th. Finally, Mizuho cut their price target on Lowe’s Companies from $280.00 to $250.00 and set an “outperform” rating on the stock in a report on Thursday, August 20th. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $254.74.

Lowe’s Companies Profile

Lowe’s Companies, Inc. is a home improvement retailer serving homeowners, do-it-yourself customers and professional contractors. The company sells products for construction, maintenance, repair and renovation through its retail stores and online channels. Its offerings include appliances, tools, hardware, lumber and building materials, paint, plumbing and electrical supplies, and products for lawn and garden. Lowe’s also provides services such as installation and other project support. Founded in 1921 in North Wilkesboro, North Carolina, Lowe’s has grown into a major retailer operating across the United States.