Lowe’s Companies (NYSE:LOW) Price Target Lowered to $240.00 at DA Davidson

Lowe’s Companies (NYSE:LOW) had its target price trimmed by DA Davidson from $270.00 to $240.00 in a report issued on Wednesday, Benzinga reports. The brokerage currently has a neutral rating on the home improvement retailer’s stock. DA Davidson also issued estimates for Lowe’s Companies’ Q2 2025 earnings at $3.98 EPS.

A number of other research firms also recently commented on LOW. Wells Fargo & Company increased their price objective on shares of Lowe’s Companies from $235.00 to $250.00 and gave the company an overweight rating in a research note on Tuesday, February 13th. Evercore ISI reduced their price target on shares of Lowe’s Companies from $255.00 to $250.00 and set an in-line rating on the stock in a research report on Wednesday. Gordon Haskett reaffirmed a hold rating and issued a $245.00 price objective on shares of Lowe’s Companies in a report on Wednesday, April 3rd. Mizuho began coverage on shares of Lowe’s Companies in a report on Tuesday, March 19th. They issued a buy rating and a $280.00 price objective on the stock. Finally, Robert W. Baird raised shares of Lowe’s Companies from an average rating to an outperform rating and set a $250.00 price objective on the stock in a report on Wednesday, February 14th. Fourteen analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Lowe’s Companies presently has a consensus rating of Hold and a consensus price target of $251.33.

Lowe’s Companies Stock Down 1.0 %

Lowe’s Companies stock opened at $215.21 on Wednesday. Lowe’s Companies has a 52-week low of $181.85 and a 52-week high of $262.49. The firm has a fifty day moving average of $236.44 and a 200-day moving average of $224.81. The firm has a market capitalization of $123.14 billion, a P/E ratio of 17.29, a PEG ratio of 1.67 and a beta of 1.15.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings data on Tuesday, May 21st. The home improvement retailer reported $3.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.94 by $0.12. Lowe’s Companies had a net margin of 8.46% and a negative return on equity of 48.52%. The company had revenue of $21.36 billion during the quarter, compared to analyst estimates of $21.14 billion. During the same quarter in the prior year, the business earned $3.67 earnings per share. The business’s quarterly revenue was down 4.4% compared to the same quarter last year. On average, research analysts expect that Lowe’s Companies will post 12.22 EPS for the current fiscal year.

Lowe’s Companies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 8th. Investors of record on Wednesday, April 24th were given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 2.04%. The ex-dividend date was Tuesday, April 23rd. Lowe’s Companies’s dividend payout ratio (DPR) is currently 35.34%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Private Management Group Inc. raised its stake in Lowe’s Companies by 4.0% in the fourth quarter. Private Management Group Inc. now owns 1,205 shares of the home improvement retailer’s stock valued at $268,000 after purchasing an additional 46 shares in the last quarter. First Bank & Trust grew its position in Lowe’s Companies by 3.1% in the first quarter. First Bank & Trust now owns 1,509 shares of the home improvement retailer’s stock valued at $384,000 after acquiring an additional 46 shares during the last quarter. McAdam LLC grew its position in Lowe’s Companies by 3.5% in the first quarter. McAdam LLC now owns 1,363 shares of the home improvement retailer’s stock valued at $347,000 after acquiring an additional 46 shares during the last quarter. First Command Advisory Services Inc. grew its position in Lowe’s Companies by 1.9% in the fourth quarter. First Command Advisory Services Inc. now owns 2,590 shares of the home improvement retailer’s stock valued at $576,000 after acquiring an additional 48 shares during the last quarter. Finally, Jag Capital Management LLC grew its position in Lowe’s Companies by 0.3% in the fourth quarter. Jag Capital Management LLC now owns 15,772 shares of the home improvement retailer’s stock valued at $3,510,000 after acquiring an additional 48 shares during the last quarter. 74.06% of the stock is currently owned by institutional investors and hedge funds.

About Lowe’s Companies

Lowe's Companies, Inc, together with its subsidiaries, operates as a home improvement retailer in the United States. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It also provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, and electrical.