SageGuard Financial Group LLC Invests $476,000 in Lowe’s Companies, Inc. $LOW

SageGuard Financial Group LLC purchased a new position in shares of Lowe’s Companies, Inc. (NYSE:LOW) in the 4th quarter, Holdings Channel.com reports. The firm purchased 1,975 shares of the home improvement retailer’s stock, valued at approximately $476,000.

Several other large investors have also modified their holdings of LOW. Activest Wealth Management grew its holdings in Lowe’s Companies by 78.5% during the third quarter. Activest Wealth Management now owns 116 shares of the home improvement retailer’s stock worth $29,000 after acquiring an additional 51 shares during the period. OLD Second National Bank of Aurora grew its holdings in Lowe’s Companies by 52.5% during the fourth quarter. OLD Second National Bank of Aurora now owns 122 shares of the home improvement retailer’s stock worth $29,000 after acquiring an additional 42 shares during the period. United Financial Planning Group LLC acquired a new position in Lowe’s Companies during the third quarter worth $31,000. Triumph Capital Management acquired a new position in Lowe’s Companies during the third quarter worth $34,000. Finally, Guerra Advisors Inc acquired a new position in Lowe’s Companies during the third quarter worth $35,000. Hedge funds and other institutional investors own 74.06% of the company’s stock.

Analysts Set New Price Targets

LOW has been the topic of a number of recent analyst reports. Weiss Ratings raised Lowe’s Companies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, March 24th. Royal Bank Of Canada upped their target price on Lowe’s Companies from $252.00 to $257.00 and gave the company a “sector perform” rating in a report on Monday, February 23rd. Guggenheim upped their target price on Lowe’s Companies from $280.00 to $300.00 and gave the company a “buy” rating in a report on Thursday, February 26th. Citigroup upped their target price on Lowe’s Companies from $250.00 to $285.00 and gave the company a “neutral” rating in a report on Thursday, February 12th. Finally, Sanford C. Bernstein lowered their target price on Lowe’s Companies from $313.00 to $303.00 and set an “outperform” rating on the stock in a report on Thursday, February 26th. Twenty-two analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $289.24.

Lowe’s Companies Price Performance

Shares of NYSE LOW opened at $254.19 on Tuesday. The company has a market cap of $142.36 billion, a PE ratio of 21.45, a price-to-earnings-growth ratio of 5.47 and a beta of 0.97. Lowe’s Companies, Inc. has a 12 month low of $210.33 and a 12 month high of $293.06. The company has a 50-day simple moving average of $252.00 and a 200-day simple moving average of $249.73.

Lowe’s Companies (NYSE:LOW) last issued its quarterly earnings results on Wednesday, February 25th. The home improvement retailer reported $1.98 EPS for the quarter, topping analysts’ consensus estimates of $1.94 by $0.04. The business had revenue of $20.59 billion during the quarter, compared to the consensus estimate of $20.34 billion. Lowe’s Companies had a net margin of 7.71% and a negative return on equity of 61.40%. The company’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.93 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. On average, analysts anticipate that Lowe’s Companies, Inc. will post 12.61 EPS for the current year.

Lowe’s Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 6th. Investors of record on Wednesday, April 22nd will be given a dividend of $1.20 per share. The ex-dividend date is Wednesday, April 22nd. This represents a $4.80 annualized dividend and a yield of 1.9%. Lowe’s Companies’s dividend payout ratio is 40.51%.

Lowe’s Companies 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.