8,229 Lowe’s Companies, Inc. $LOW Shares Purchased by PBU The Pension Fund of Early Childhood & Youth Educators

PBU The Pension Fund of Early Childhood & Youth Educators boosted its position in Lowe’s Companies, Inc. (NYSE:LOW) by 7.2% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 123,111 shares of the home improvement retailer’s stock after acquiring an additional 8,229 shares during the quarter. PBU The Pension Fund of Early Childhood & Youth Educators’ holdings in Lowe’s Companies were worth $22,688,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Nykredit A S acquired a new stake in Lowe’s Companies in the second quarter valued at $42,217,000. First Citizens Bank & Trust Co. boosted its stake in Lowe’s Companies by 31.8% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 24,068 shares of the home improvement retailer’s stock valued at $4,435,000 after acquiring an additional 5,804 shares during the last quarter. Glenview Trust Co boosted its stake in Lowe’s Companies by 4.9% during the 2nd quarter. Glenview Trust Co now owns 230,389 shares of the home improvement retailer’s stock valued at $50,798,000 after acquiring an additional 10,735 shares during the last quarter. Andra AP fonden grew its holdings in Lowe’s Companies by 14.6% during the 2nd quarter. Andra AP fonden now owns 105,313 shares of the home improvement retailer’s stock worth $23,220,000 after acquiring an additional 13,400 shares in the last quarter. Finally, Greg Jennings LLC acquired a new position in Lowe’s Companies during the 3rd quarter worth $1,272,000. 74.06% of the stock is owned by hedge funds and other institutional investors.

Lowe’s Companies Price Performance

Lowe’s Companies stock opened at $227.66 on Friday. The company has a market cap of $127.73 billion, a PE ratio of 19.24, a P/E/G ratio of 1.99 and a beta of 0.81. The company has a fifty day moving average price of $199.39 and a two-hundred day moving average price of $224.22. 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 released its earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share for the quarter, beating the consensus estimate of $4.22 by $0.18. The firm had revenue of $25.96 billion during the quarter, compared to analyst estimates of $26.13 billion. Lowe’s Companies had a net margin of 7.34% and a negative return on equity of 75.67%. The firm’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.33 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. Equities research analysts anticipate that Lowe’s Companies, Inc. will post 12.26 earnings per share for the current year.

Lowe’s Companies Dividend Announcement

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

Recent Lowe’s Companies Headlines

Investors following LOW have been watching these headlines:

• Positive Sentiment: Lowe’s is partnering exclusively with Bilt, connecting its products, rewards and home services to Bilt’s 8 million members through the Bilt app. The expanded loyalty and customer-reach opportunity could support sales. Article: Lowe’s Ties Rewards and Home Services to an 8 Million Member Platform
• 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
• 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

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Sanford C. Bernstein boosted their target price on shares of Lowe’s Companies from $254.00 to $270.00 and gave the stock an “outperform” rating in a research report on Tuesday. Melius Research set a $244.00 target price on shares of Lowe’s Companies in a research note on Tuesday, October 6th. Telsey Advisory Group reduced their price target on shares of Lowe’s Companies from $280.00 to $260.00 and set an “outperform” rating on the stock in a research report on Thursday, August 20th. Guggenheim reiterated a “buy” rating and issued a $275.00 price target on shares of Lowe’s Companies in a research note on Monday, September 21st. Finally, DA Davidson reiterated a “neutral” rating and issued a $245.00 price target on shares of Lowe’s Companies in a research note on Wednesday, August 19th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus 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.