Lowe’s Companies, Inc. $LOW Shares Sold by Lionstone Capital Management LLC

Lionstone Capital Management LLC trimmed its holdings in Lowe’s Companies, Inc. (NYSE:LOW) by 48.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,330 shares of the home improvement retailer’s stock after selling 20,120 shares during the quarter. Lowe’s Companies comprises 1.2% of Lionstone Capital Management LLC’s portfolio, making the stock its 9th largest holding. Lionstone Capital Management LLC’s holdings in Lowe’s Companies were worth $5,144,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Providence Wealth Advisors LLC boosted its position in Lowe’s Companies by 0.5% during the 4th quarter. Providence Wealth Advisors LLC now owns 7,969 shares of the home improvement retailer’s stock worth $1,959,000 after acquiring an additional 36 shares during the period. Rather & Kittrell Inc. increased its holdings in shares of Lowe’s Companies by 0.4% during the fourth quarter. Rather & Kittrell Inc. now owns 10,379 shares of the home improvement retailer’s stock valued at $2,503,000 after purchasing an additional 38 shares during the period. First Command Advisory Services Inc. raised its stake in shares of Lowe’s Companies by 1.3% during the fourth quarter. First Command Advisory Services Inc. now owns 2,947 shares of the home improvement retailer’s stock valued at $711,000 after purchasing an additional 38 shares in the last quarter. Walkner Condon Financial Advisors LLC raised its stake in shares of Lowe’s Companies by 4.3% during the fourth quarter. Walkner Condon Financial Advisors LLC now owns 945 shares of the home improvement retailer’s stock valued at $228,000 after purchasing an additional 39 shares in the last quarter. Finally, Smithbridge Asset Management Inc. DE lifted its holdings in Lowe’s Companies by 1.1% in the fourth quarter. Smithbridge Asset Management Inc. DE now owns 3,723 shares of the home improvement retailer’s stock worth $898,000 after purchasing an additional 39 shares during the period. 74.06% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

LOW has been the topic of several research analyst reports. TD Cowen lowered their target price on shares of Lowe’s Companies from $280.00 to $235.00 and set a “hold” rating on the stock in a research note on Thursday, May 21st. Mizuho decreased their price objective on shares of Lowe’s Companies from $294.00 to $280.00 and set an “outperform” rating for the company in a report on Thursday, May 21st. Benchmark initiated coverage on shares of Lowe’s Companies in a research note on Tuesday, May 12th. They set a “hold” rating on the stock. Craig Hallum upgraded Lowe’s Companies to a “buy” rating in a research report on Tuesday, May 12th. Finally, DA Davidson reiterated a “neutral” rating and set a $275.00 price target on shares of Lowe’s Companies in a research report on Wednesday, May 20th. Twenty-three investment 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $264.57.

Lowe’s Companies Stock Performance

Shares of NYSE:LOW opened at $223.88 on Wednesday. The company has a market capitalization of $125.53 billion, a PE ratio of 18.92, a price-to-earnings-growth ratio of 2.78 and a beta of 0.86. The stock has a fifty day moving average of $228.01 and a 200-day moving average of $246.01. Lowe’s Companies, Inc. has a one year low of $203.40 and a one year high of $293.06.

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

Lowe’s Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 5th. Shareholders of record on Wednesday, July 22nd will be issued a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of 2.2%. The ex-dividend date is Wednesday, July 22nd. This is a boost from Lowe’s Companies’s previous quarterly dividend of $1.20. Lowe’s Companies’s dividend payout ratio is presently 40.57%.

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.