Sanford C. Bernstein Lowers Lowe’s Companies (NYSE:LOW) Price Target to $281.00

Lowe’s Companies (NYSE:LOW) had its target price decreased by analysts at Sanford C. Bernstein from $303.00 to $281.00 in a research note issued on Thursday,Benzinga reports. The firm currently has an “outperform” rating on the home improvement retailer’s stock. Sanford C. Bernstein’s price target indicates a potential upside of 28.58% from the company’s previous close.

LOW has been the topic of a number of other reports. DA Davidson reissued a “neutral” rating and issued a $275.00 price target on shares of Lowe’s Companies in a report on Thursday, February 26th. Weiss Ratings cut Lowe’s Companies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 4th. JPMorgan Chase & Co. boosted their price target on Lowe’s Companies from $300.00 to $325.00 and gave the stock an “overweight” rating in a report on Monday, February 9th. UBS Group lowered their price target on Lowe’s Companies from $316.00 to $315.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Finally, Piper Sandler cut Lowe’s Companies from an “overweight” rating to a “neutral” rating in a report on Tuesday. Twenty-two research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Lowe’s Companies currently has an average rating of “Moderate Buy” and an average target price of $286.17.

Lowe’s Companies Stock Down 2.3%

LOW stock opened at $218.54 on Thursday. The business’s 50-day moving average price is $238.04 and its 200-day moving average price is $248.82. Lowe’s Companies has a twelve month low of $210.33 and a twelve month high of $293.06. The stock has a market cap of $122.39 billion, a P/E ratio of 18.44, a PEG ratio of 4.28 and a beta of 0.91.

Lowe’s Companies (NYSE:LOW) last posted 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. 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 in the previous year, the firm earned $1.93 EPS. The firm’s 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 expect that Lowe’s Companies will post 12.61 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Lowe’s Companies

Several large investors have recently modified their holdings of LOW. Norges Bank bought a new position in shares of Lowe’s Companies during the 4th quarter valued at approximately $1,993,697,000. Wellington Management Group LLP increased its position in shares of 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 valued at $1,056,585,000 after purchasing an additional 2,122,622 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of Lowe’s Companies by 45.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 6,555,565 shares of the home improvement retailer’s stock valued at $1,580,941,000 after purchasing an additional 2,039,343 shares during the last quarter. J. Stern & Co. LLP increased its position in shares of Lowe’s Companies by 7,814.9% during the 4th quarter. J. Stern & Co. LLP now owns 1,490,369 shares of the home improvement retailer’s stock valued at $359,417,000 after purchasing an additional 1,471,539 shares during the last quarter. Finally, Victory Capital Management Inc. increased its position in shares of Lowe’s Companies by 207.2% during the 3rd quarter. Victory Capital Management Inc. now owns 2,058,086 shares of the home improvement retailer’s stock valued at $517,218,000 after purchasing an additional 1,388,133 shares during the last quarter. Institutional investors own 74.06% of the company’s stock.

Lowe’s Companies News Summary

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

• Positive Sentiment: Analyst commentary remains constructive overall, with Truist and Sanford C. Bernstein both maintaining bullish ratings on Lowe’s while trimming price targets, suggesting Wall Street still sees upside from current levels. Read More
• Positive Sentiment: Investors are looking ahead to Lowe’s Q1 earnings, where Wall Street expects detailed metrics and guidance to help confirm whether recent weakness is temporary or reflects a softer home-improvement demand backdrop. Article Title
• Neutral Sentiment: Lowe’s launched a new “Epically More Messi” marketing campaign tied to loyalty members and the upcoming soccer event, which could support engagement and brand visibility but is not likely a major near-term earnings driver. Article Title
• Neutral Sentiment: Recent articles highlight Lowe’s long-term stock performance and label it a depressed or growth-worthy stock, reinforcing valuation appeal more than changing the near-term operating outlook. Article Title
• Negative Sentiment: The stock has been weighed by recent price-target cuts from multiple firms, including Sanford C. Bernstein and Truist, which signal some caution around the pace of recovery even though ratings remain positive. Article Title
• Negative Sentiment: Broader retail and housing-related concerns remain a headwind, with coverage noting pressure from a softer housing market and shopper sensitivity to retail-theft-related measures in stores. Article Title

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.