J. Safra Sarasin Holding AG Lowers Position in Lowe’s Companies, Inc. $LOW

J. Safra Sarasin Holding AG lessened its stake in Lowe’s Companies, Inc. (NYSE:LOW) by 21.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 104,478 shares of the home improvement retailer’s stock after selling 28,183 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in Lowe’s Companies were worth $25,196,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of LOW. Howard Hughes Medical Institute bought a new position in Lowe’s Companies during the 2nd quarter valued at $27,000. Activest Wealth Management grew its stake in shares of 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 acquiring an additional 51 shares in the last quarter. United Financial Planning Group LLC bought a new stake in shares of Lowe’s Companies in the 3rd quarter worth $31,000. Triumph Capital Management purchased a new stake in shares of Lowe’s Companies in the third quarter valued at about $34,000. Finally, Guerra Advisors Inc purchased a new stake in shares of Lowe’s Companies in the third quarter valued at about $35,000. Institutional investors own 74.06% of the company’s stock.

Insider Buying and Selling

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

Lowe’s Companies Stock Performance

NYSE LOW opened at $232.35 on Tuesday. Lowe’s Companies, Inc. has a 52-week low of $206.38 and a 52-week high of $293.06. The company has a 50-day simple moving average of $261.52 and a 200 day simple moving average of $251.72. The company has a market capitalization of $130.13 billion, a PE ratio of 19.61, a price-to-earnings-growth ratio of 5.00 and a beta of 0.98.

Lowe’s Companies (NYSE:LOW) last released its 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 firm had revenue of $20.59 billion for the quarter, compared to analysts’ expectations of $20.34 billion. During the same period in the previous year, the company earned $1.93 earnings per share. The company’s quarterly revenue 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. As a group, analysts forecast that Lowe’s Companies, Inc. will post 11.9 EPS for the current fiscal year.

Lowe’s Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 6th. Investors of record on Wednesday, April 22nd will be paid a $1.20 dividend. The ex-dividend date is Wednesday, April 22nd. This represents a $4.80 annualized dividend and a yield of 2.1%. Lowe’s Companies’s dividend payout ratio is presently 40.51%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on LOW shares. Rothschild & Co Redburn boosted their price target on shares of Lowe’s Companies from $280.00 to $290.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. Gordon Haskett decreased their price objective on shares of Lowe’s Companies from $325.00 to $300.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. JPMorgan Chase & Co. lifted their target price on shares of Lowe’s Companies from $300.00 to $325.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Guggenheim boosted their target price on Lowe’s Companies from $280.00 to $300.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $305.00 price target on shares of Lowe’s Companies in a research report on Wednesday, February 25th. Twenty-two analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, Lowe’s Companies has an average rating of “Moderate Buy” and a consensus price target of $289.76.

About Lowe’s Companies

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.