Janice Dupre Sells 14,150 Shares of Lowe’s Companies (NYSE:LOW) Stock

Lowe’s Companies, Inc. (NYSE:LOW) EVP Janice Dupre sold 14,150 shares of the stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $221.90, for a total value of $3,139,885.00. Following the sale, the executive vice president owned 39,785 shares of the company’s stock, valued at approximately $8,828,291.50. The trade was a 26.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Lowe’s Companies Trading Up 2.2%

LOW stock opened at $222.10 on Friday. The stock has a 50-day moving average price of $227.46 and a 200-day moving average price of $245.69. Lowe’s Companies, Inc. has a 1-year low of $203.40 and a 1-year high of $293.06. The firm has a market cap of $124.53 billion, a PE ratio of 18.77, a price-to-earnings-growth ratio of 2.74 and a beta of 0.86.

Lowe’s Companies (NYSE:LOW) last announced its earnings results 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. Lowe’s Companies had a negative return on equity of 67.96% and a net margin of 7.51%.The company had revenue of $23.08 billion for the quarter, compared to analyst estimates of $22.98 billion. During the same quarter in the prior year, the company earned $2.92 EPS. The firm’s revenue for the quarter was up 10.3% compared to the same quarter last year. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. On average, analysts forecast that Lowe’s Companies, Inc. will post 12.48 earnings per share for the current year.

Lowe’s Companies Increases Dividend

The firm also recently declared 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 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Wednesday, July 22nd. This is a positive change from Lowe’s Companies’s previous quarterly dividend of $1.20. Lowe’s Companies’s dividend payout ratio (DPR) is currently 40.57%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on LOW shares. Robert W. Baird lowered their price objective on shares of Lowe’s Companies from $320.00 to $270.00 and set an “outperform” rating for the company in a research note on Thursday, May 21st. UBS Group reduced their price target on shares of Lowe’s Companies from $315.00 to $285.00 and set a “buy” rating for the company in a report on Thursday, May 21st. Raymond James Financial downgraded shares of Lowe’s Companies from a “market perform” rating to a “market perform” rating in a research note on Tuesday, May 12th. BTIG Research lowered shares of Lowe’s Companies to a “reduce” rating in a report on Tuesday, May 12th. Finally, Rothschild & Co Redburn increased their price objective on shares of Lowe’s Companies from $280.00 to $290.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. Twenty-three research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $264.57.

Hedge Funds Weigh In On Lowe’s Companies

A number of large investors have recently modified their holdings of LOW. Swiss RE Ltd. bought a new stake in Lowe’s Companies during the 4th quarter valued at $25,000. Wilkerson Advisory Group LLC bought a new position in shares of Lowe’s Companies in the fourth quarter valued at $27,000. United Financial Planning Group LLC acquired a new position in shares of Lowe’s Companies during the third quarter valued at about $31,000. OLD Second National Bank of Aurora grew its holdings in shares of 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 valued at $29,000 after buying an additional 42 shares during the last quarter. Finally, Sankala Group LLC acquired a new position in shares of Lowe’s Companies during the fourth quarter valued at about $33,000. 74.06% of the stock is currently owned by institutional investors.

About Lowe’s Companies

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.