Matrix Asset Advisors Inc. NY increased its holdings in Lowe’s Companies, Inc. (NYSE:LOW – Free Report) by 7.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 65,036 shares of the home improvement retailer’s stock after purchasing an additional 4,411 shares during the quarter. Matrix Asset Advisors Inc. NY’s holdings in Lowe’s Companies were worth $15,684,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Wellington Management Group LLP lifted its holdings in Lowe’s Companies by 102.0% during the 3rd quarter. Wellington Management Group LLP now owns 4,204,311 shares of the home improvement retailer’s stock worth $1,056,585,000 after buying an additional 2,122,622 shares during the period. Victory Capital Management Inc. increased its stake in shares of Lowe’s Companies by 207.2% in the third quarter. Victory Capital Management Inc. now owns 2,058,086 shares of the home improvement retailer’s stock valued at $517,218,000 after buying an additional 1,388,133 shares during the period. Worldquant Millennium Advisors LLC raised its position in shares of Lowe’s Companies by 243.2% during the second quarter. Worldquant Millennium Advisors LLC now owns 1,116,945 shares of the home improvement retailer’s stock worth $247,817,000 after acquiring an additional 791,526 shares during the last quarter. Robeco Institutional Asset Management B.V. lifted its stake in shares of Lowe’s Companies by 101.4% in the third quarter. Robeco Institutional Asset Management B.V. now owns 1,244,941 shares of the home improvement retailer’s stock worth $312,866,000 after acquiring an additional 626,829 shares during the period. Finally, Alliancebernstein L.P. lifted its stake in shares of Lowe’s Companies by 45.5% in the third quarter. Alliancebernstein L.P. now owns 1,899,114 shares of the home improvement retailer’s stock worth $477,266,000 after acquiring an additional 593,779 shares during the period. 74.06% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In other news, CEO Marvin R. Ellison sold 18,000 shares of Lowe’s Companies stock in a transaction dated 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 completion of the transaction, the chief executive officer directly owned 231,043 shares in the company, 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 filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.27% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
View Our Latest Research Report on LOW
Lowe’s Companies Stock Down 0.2%
NYSE LOW opened at $235.82 on Thursday. Lowe’s Companies, Inc. has a 52 week low of $206.38 and a 52 week high of $293.06. The business has a 50 day moving average price of $260.05 and a 200-day moving average price of $251.36. The company has a market cap of $132.07 billion, a price-to-earnings ratio of 19.90, a P/E/G ratio of 5.13 and a beta of 0.97.
Lowe’s Companies (NYSE:LOW – Get Free Report) last issued its earnings results on Wednesday, February 25th. The home improvement retailer reported $1.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.94 by $0.04. Lowe’s Companies had a negative return on equity of 61.40% and a net margin of 7.71%.The company had revenue of $20.59 billion for the quarter, compared to analysts’ expectations of $20.34 billion. During the same period last year, the business earned $1.93 EPS. Lowe’s Companies’s quarterly revenue was up 10.9% compared to the same quarter last year. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. On average, equities research analysts anticipate that Lowe’s Companies, Inc. will post 11.9 earnings per share for the current year.
Lowe’s Companies Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 6th. Shareholders of record on Wednesday, April 22nd will be paid a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Wednesday, April 22nd. Lowe’s Companies’s dividend payout ratio (DPR) is 40.51%.
Lowe’s Companies News Roundup
Here are the key news stories impacting Lowe’s Companies this week:
- Positive Sentiment: Wall Street consensus remains generally constructive—the average brokerage recommendation is a “Buy,” which supports demand if analysts maintain coverage and positive narratives. Is It Worth Investing in Lowe’s (LOW) Based on Wall Street’s Bullish Views?
- Positive Sentiment: Zacks highlights Lowe’s as a trending ticker among its users, signaling retail investor interest and potential for volume spikes that can amplify moves on company news. Lowe’s Companies, Inc. (LOW) Is a Trending Stock: Facts to Know Before Betting on It
- Neutral Sentiment: Coverage pieces and listicles continue to include Lowe’s among top retail/dividend names, which can sustain long-term investor interest but don’t directly move the stock absent new fundamental developments. The Best 3 Retail Stocks to Buy and Hold for Decades
- Neutral Sentiment: General coverage noting cash-generation strengths and industry positioning leaves Lowe’s viewed as a structurally solid retailer, but these stories don’t alter near-term earnings expectations. 3 Cash-Producing Stocks That Fall Short
- Negative Sentiment: Evercore trimmed its price target on LOW from $250 to $245 (still an in-line rating), which reduces upside cited by sell-side research and can blunt rallies while investors re-assess fair value. Evercore adjusts price target on Lowe’s Companies to $245 from $250
- Negative Sentiment: Recent valuation and momentum notes flag a short-term pullback—LOW has declined noticeably over the past month, cooling momentum and making near-term sentiment more defensive even though longer-term returns remain healthy. A Look At Lowe’s (LOW) Valuation After Recent Share Price Pullback
- Negative Sentiment: Sector pressure: reports that Home Depot is seeing a slowdown in big-ticket remodel spending suggest higher interest rates and weak housing turnover could weigh on Lowe’s comparable big-ticket demand and margin leverage. Home Depot Faces Big-Ticket Slowdown: Temporary or Trend?
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.
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