Dimensional Fund Advisors LP Acquires 28,312 Shares of Lowe’s Companies, Inc. $LOW

Dimensional Fund Advisors LP increased its stake in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 1.9% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 1,480,486 shares of the home improvement retailer’s stock after buying an additional 28,312 shares during the period. Dimensional Fund Advisors LP’s holdings in Lowe’s Companies were worth $372,090,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Howard Hughes Medical Institute acquired a new position in shares of Lowe’s Companies during the second quarter worth approximately $27,000. Activest Wealth Management raised its position in Lowe’s Companies by 78.5% in the 3rd quarter. Activest Wealth Management now owns 116 shares of the home improvement retailer’s stock worth $29,000 after purchasing an additional 51 shares during the last quarter. Traub Capital Management LLC bought a new position in Lowe’s Companies in the 2nd quarter worth approximately $30,000. Vermillion & White Wealth Management Group LLC lifted its holdings in Lowe’s Companies by 128.8% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 135 shares of the home improvement retailer’s stock worth $30,000 after buying an additional 76 shares in the last quarter. Finally, Guerra Advisors Inc bought a new position in Lowe’s Companies in the 3rd quarter valued at $35,000. Institutional investors and hedge funds own 74.06% of the company’s stock.

Lowe’s Companies Trading Down 1.6%

Lowe’s Companies stock opened at $254.52 on Friday. The firm has a market capitalization of $142.77 billion, a P/E ratio of 21.48, a PEG ratio of 5.62 and a beta of 0.98. The business has a 50-day moving average of $268.06 and a 200-day moving average of $254.62. Lowe’s Companies, Inc. has a 1 year low of $206.38 and a 1 year high of $293.06.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings results on Wednesday, February 25th. The home improvement retailer reported $1.98 earnings per share for the quarter, beating analysts’ consensus estimates of $1.94 by $0.04. Lowe’s Companies had a net margin of 7.71% and a negative return on equity of 61.40%. The business had revenue of $20.58 billion for the quarter, compared to the consensus estimate of $20.34 billion. During the same period last year, the company posted $1.93 EPS. Lowe’s Companies’s revenue for the quarter was up 10.9% on a year-over-year basis. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. Research analysts anticipate that Lowe’s Companies, Inc. will post 11.9 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on LOW. Argus dropped their target price on Lowe’s Companies from $290.00 to $286.00 and set a “buy” rating for the company in a research report on Tuesday, December 2nd. Oppenheimer lowered their price objective on Lowe’s Companies from $320.00 to $315.00 and set an “outperform” rating for the company in a research report on Friday, December 5th. Citigroup boosted their price objective on Lowe’s Companies from $250.00 to $285.00 and gave the stock a “neutral” rating in a report on Thursday, February 12th. Royal Bank Of Canada raised their target price on shares of Lowe’s Companies from $252.00 to $257.00 and gave the company a “sector perform” rating in a research note on Monday, February 23rd. Finally, Morgan Stanley lifted their price target on shares of Lowe’s Companies from $270.00 to $296.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. Twenty-one investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, Lowe’s Companies currently has a consensus rating of “Moderate Buy” and an average price target of $291.64.

Insiders Place Their Bets

In other news, CEO Marvin R. Ellison sold 18,000 shares of Lowe’s Companies stock in a transaction on Friday, January 9th. The shares were sold at an average price of $261.17, for a total transaction of $4,701,060.00. Following the transaction, the chief executive officer directly owned 231,043 shares of the company’s stock, valued at $60,341,500.31. This trade represents a 7.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.27% of the company’s stock.

Lowe’s Companies Company Profile

Lowe’s Companies, Inc is a leading home improvement retailer that operates large-format stores and digital channels serving both do-it-yourself homeowners and professional contractors. The company offers a broad assortment of products including building materials, lumber, appliances, tools and hardware, plumbing and electrical supplies, paint, flooring, kitchen and bath fixtures, outdoor and garden products, and home decor. Lowe’s also provides a range of services such as installation, home improvement financing, tool and equipment rental, and contractor-focused sales programs.

Operations are centered on a nationwide brick-and-mortar store network supported by distribution centers and an e-commerce platform that enables online ordering, delivery and in-store pickup.