Cullinan Associates Inc. Cuts Stake in Lowe’s Companies, Inc. $LOW

Cullinan Associates Inc. reduced its position in Lowe’s Companies, Inc. (NYSE:LOW) by 19.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 67,028 shares of the home improvement retailer’s stock after selling 16,009 shares during the quarter. Lowe’s Companies comprises approximately 1.1% of Cullinan Associates Inc.’s investment portfolio, making the stock its 21st biggest holding. Cullinan Associates Inc.’s holdings in Lowe’s Companies were worth $16,164,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. grew its holdings in Lowe’s Companies by 1.7% in the fourth quarter. Vanguard Group Inc. now owns 56,230,787 shares of the home improvement retailer’s stock worth $13,560,617,000 after purchasing an additional 924,625 shares during the last quarter. State Street Corp grew its holdings in Lowe’s Companies by 0.5% in the third quarter. State Street Corp now owns 25,036,276 shares of the home improvement retailer’s stock worth $6,291,867,000 after purchasing an additional 124,501 shares during the last quarter. Northern Trust Corp grew its holdings in Lowe’s Companies by 1.5% in the third quarter. Northern Trust Corp now owns 6,830,080 shares of the home improvement retailer’s stock worth $1,716,467,000 after purchasing an additional 103,827 shares during the last quarter. Invesco Ltd. grew its holdings in Lowe’s Companies by 5.2% in the third quarter. Invesco Ltd. now owns 4,830,373 shares of the home improvement retailer’s stock worth $1,213,921,000 after purchasing an additional 240,123 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in Lowe’s Companies by 12.1% in the third quarter. Bank of New York Mellon Corp now owns 4,294,776 shares of the home improvement retailer’s stock worth $1,079,320,000 after purchasing an additional 463,012 shares during the last quarter. 74.06% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

LOW has been the topic of several analyst reports. Jefferies Financial Group reaffirmed a “buy” rating and issued a $305.00 price target on shares of Lowe’s Companies in a report on Wednesday, February 25th. UBS Group lowered their price objective on shares of Lowe’s Companies from $316.00 to $315.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. Mizuho lifted their price objective on shares of Lowe’s Companies from $272.00 to $294.00 and gave the stock an “outperform” rating in a research note on Friday, February 27th. Telsey Advisory Group lifted their price objective on shares of Lowe’s Companies from $285.00 to $295.00 and gave the stock an “outperform” rating in a research note on Thursday, February 26th. Finally, Robert W. Baird lifted their price objective on shares of Lowe’s Companies from $290.00 to $320.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 17th. Twenty-two research 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 presently has an average rating of “Moderate Buy” and a consensus price target of $289.10.

Lowe’s Companies News Roundup

Here are the key news stories impacting Lowe’s Companies this week:

• Positive Sentiment: Synchrony expanded its co‑brand partnership with Lowe’s to become the issuer of a MyLowe’s Pro Rewards American Express® Card — the new card works anywhere AmEx is accepted, potentially increasing Pro customer purchasing power, rewards stickiness and share of wallet for professional customers. Article Title
• Positive Sentiment: An industry dividend roundup expects Lowe’s to be among companies likely to raise dividends in May 2026 — if realized, a dividend hike would be a direct positive for income-focused investors and could support the stock. Article Title
• Neutral Sentiment: Evercore ISI kept an “In Line” rating but nudged Lowe’s price target to $250 from $245 — the raise is modest support for the thesis but the unchanged rating tempers the near‑term impact. Article Title
• Neutral Sentiment: Coverage pieces questioning whether Lowe’s is “fairly priced” highlight mixed short- and medium‑term returns and keep investor focus on valuation vs. growth tradeoffs rather than presenting new fundamental news. Article Title
• Negative Sentiment: Recent headlines noted a sharper short‑term decline (reports of a ~2.8% drop in the prior session), underscoring momentum volatility that can amplify selling pressure even with constructive company news. Article Title

Lowe’s Companies Price Performance

NYSE LOW opened at $239.19 on Friday. The company has a market capitalization of $133.96 billion, a PE ratio of 20.18, a P/E/G ratio of 5.07 and a beta of 0.97. The company has a fifty day moving average of $245.40 and a 200 day moving average of $249.81. Lowe’s Companies, Inc. has a 1 year low of $210.33 and a 1 year high of $293.06.

Lowe’s Companies (NYSE:LOW) last posted its earnings results on Wednesday, February 25th. The home improvement retailer reported $1.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.94 by $0.04. The company 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 firm’s quarterly revenue was up 10.9% on a year-over-year basis. 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. Research analysts expect that Lowe’s Companies, Inc. will post 12.61 earnings per share for the current year.

Lowe’s Companies Announces Dividend

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 dividend on an annualized basis and a yield of 2.0%. Lowe’s Companies’s payout ratio is currently 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.