Bollard Group LLC Sells 6,046 Shares of Lowe’s Companies, Inc. $LOW

Bollard Group LLC decreased its position in Lowe’s Companies, Inc. (NYSE:LOW) by 16.5% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 30,695 shares of the home improvement retailer’s stock after selling 6,046 shares during the period. Bollard Group LLC’s holdings in Lowe’s Companies were worth $7,402,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Arrowstreet Capital Limited Partnership lifted its stake in Lowe’s Companies by 0.8% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,364,151 shares of the home improvement retailer’s stock worth $570,139,000 after acquiring an additional 18,333 shares during the period. Atlas Capital Advisors Inc. purchased a new stake in Lowe’s Companies in the fourth quarter worth $235,000. Ally Financial Inc. purchased a new stake in Lowe’s Companies in the fourth quarter worth $1,688,000. Aptus Capital Advisors LLC lifted its stake in Lowe’s Companies by 4.0% in the fourth quarter. Aptus Capital Advisors LLC now owns 143,084 shares of the home improvement retailer’s stock worth $34,506,000 after acquiring an additional 5,475 shares during the period. Finally, Foresight Global Investors Inc. lifted its stake in Lowe’s Companies by 3.9% in the fourth quarter. Foresight Global Investors Inc. now owns 1,192 shares of the home improvement retailer’s stock worth $287,000 after acquiring an additional 45 shares during the period. Institutional investors own 74.06% of the company’s stock.

Lowe’s Companies Trading Down 0.2%

Shares of Lowe’s Companies stock opened at $220.57 on Friday. The firm has a market capitalization of $123.67 billion, a P/E ratio of 18.64, a P/E/G ratio of 2.79 and a beta of 0.86. The business has a fifty day simple moving average of $228.38 and a two-hundred day simple moving average of $246.14. Lowe’s Companies, Inc. has a 12 month low of $203.40 and a 12 month high of $293.06.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings data on Wednesday, May 20th. The home improvement retailer reported $3.03 EPS for the quarter, beating the consensus estimate of $2.97 by $0.06. The business had revenue of $23.08 billion during the quarter, compared to analyst estimates of $22.98 billion. Lowe’s Companies had a negative return on equity of 67.96% and a net margin of 7.51%.The company’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter last year, the firm posted $2.92 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. Analysts predict that Lowe’s Companies, Inc. will post 12.48 earnings per share for the current year.

Lowe’s Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 5th. Shareholders of record on Wednesday, July 22nd will be given a dividend of $1.25 per share. This is an increase from Lowe’s Companies’s previous quarterly dividend of $1.20. This represents a $5.00 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Wednesday, July 22nd. Lowe’s Companies’s payout ratio is 40.57%.

Analyst Ratings Changes

LOW has been the subject of a number of research analyst reports. Rothschild & Co Redburn raised their price target on Lowe’s Companies from $280.00 to $290.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. The Goldman Sachs Group dropped their price target on Lowe’s Companies from $300.00 to $293.00 and set a “buy” rating for the company in a research note on Thursday, May 21st. Guggenheim raised their price target 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. KeyCorp dropped their price target on Lowe’s Companies from $300.00 to $275.00 and set an “overweight” rating for the company in a research note on Thursday, May 21st. Finally, Stifel Nicolaus dropped their price target on Lowe’s Companies from $270.00 to $220.00 and set a “hold” rating for the company in a research note on Monday, May 18th. Twenty-three analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $264.57.

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.