Quantitative Investment Management LLC Buys New Position in Lowe’s Companies, Inc. $LOW

Quantitative Investment Management LLC bought a new stake in shares of Lowe’s Companies, Inc. (NYSE:LOW) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 4,906 shares of the home improvement retailer’s stock, valued at approximately $1,081,000.

A number of other institutional investors also recently made changes to their positions in LOW. Sigma Planning Corp boosted its holdings in shares of Lowe’s Companies by 0.4% in the second quarter. Sigma Planning Corp now owns 20,982 shares of the home improvement retailer’s stock valued at $4,626,000 after acquiring an additional 83 shares in the last quarter. Benjamin Edwards Inc. raised its holdings in Lowe’s Companies by 8.9% during the second quarter. Benjamin Edwards Inc. now owns 85,200 shares of the home improvement retailer’s stock worth $18,789,000 after purchasing an additional 6,967 shares in the last quarter. Alyeska Investment Group L.P. bought a new stake in Lowe’s Companies during the second quarter worth approximately $3,971,000. Cookson Peirce & Co. Inc. lifted its position in Lowe’s Companies by 4.3% in the second quarter. Cookson Peirce & Co. Inc. now owns 3,012 shares of the home improvement retailer’s stock worth $664,000 after purchasing an additional 125 shares during the period. Finally, Sheets Smith Wealth Management lifted its position in Lowe’s Companies by 150.3% in the second quarter. Sheets Smith Wealth Management now owns 22,499 shares of the home improvement retailer’s stock worth $4,961,000 after purchasing an additional 13,509 shares during the period. 74.06% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, 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 completion of the sale, the executive vice president directly owned 39,785 shares of the company’s stock, valued at approximately $8,828,291.50. This represents a 26.24% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Juliette Williams Pryor sold 9,330 shares of the firm’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $224.81, for a total value of $2,097,477.30. Following the sale, the executive vice president owned 16,142 shares of the company’s stock, valued at $3,628,883.02. The trade was a 36.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 25,980 shares of company stock worth $5,796,937. 0.29% of the stock is owned by corporate insiders.

Lowe’s Companies Price Performance

Shares of LOW opened at $200.08 on Wednesday. The company has a 50-day moving average of $214.63 and a two-hundred day moving average of $229.29. The stock has a market cap of $112.25 billion, a price-to-earnings ratio of 16.91, a PEG ratio of 2.72 and a beta of 0.85. Lowe’s Companies, Inc. has a one year low of $199.39 and a one year high of $293.06.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.22 by $0.18. Lowe’s Companies had a net margin of 7.34% and a negative return on equity of 75.67%. The business had revenue of $25.96 billion for the quarter, compared to analyst estimates of $26.13 billion. During the same quarter in the previous year, the business earned $4.33 earnings per share. The firm’s revenue was up 8.3% compared to the same quarter last year. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. Analysts anticipate that Lowe’s Companies, Inc. will post 12.26 earnings per share for the current year.

Lowe’s Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 4th. Stockholders of record on Wednesday, October 21st will be given a $1.25 dividend. This represents a $5.00 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Wednesday, October 21st. Lowe’s Companies’s dividend payout ratio (DPR) is 42.27%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Oppenheimer lowered their price target on Lowe’s Companies from $315.00 to $275.00 and set an “outperform” rating on the stock in a research report on Monday, May 18th. Truist Financial cut their price objective on Lowe’s Companies from $255.00 to $254.00 and set a “buy” rating for the company in a report on Thursday, August 20th. Guggenheim decreased their target price on Lowe’s Companies from $300.00 to $275.00 and set a “buy” rating for the company in a research note on Friday, August 21st. JPMorgan Chase & Co. lowered their target price on Lowe’s Companies from $279.00 to $252.00 and set an “overweight” rating on the stock in a report on Friday, July 31st. Finally, Jefferies Financial Group dropped their price target on shares of Lowe’s Companies from $305.00 to $278.00 and set a “buy” rating on the stock in a research report on Thursday, May 21st. Twenty-three analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $258.53.

More Lowe’s Companies News

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

• Positive Sentiment: Lowe’s Pro business, digital sales and Home Services continue to provide growth potential, supporting the company’s longer-term strategy even as DIY demand remains soft. Can Lowe’s Pro Growth Justify Its Valuation Despite DIY Weakness?
• Positive Sentiment: Lowe’s Foundation launched a coalition with Nvidia, General Motors and more than 75 other companies to train and certify 1 million skilled-trades workers by 2035. The initiative could strengthen Lowe’s relationships with professional customers and help address the labor shortage over time, although it is unlikely to materially affect near-term earnings. Lowe’s launches major effort to help close America’s skilled trades gap
• Positive Sentiment: The company declared a quarterly dividend of $1.25 per share, equivalent to $5.00 annually and a yield of approximately 2.4%, offering continued income support for shareholders.
• Neutral Sentiment: Analysts remain somewhat constructive on Lowe’s longer-term prospects, but the stock has lagged the broader market and consumer-cyclical sector over the past year, reflecting investor concerns about valuation and demand.
• Negative Sentiment: Lowe’s cut its fiscal 2026 outlook as weaker DIY spending and housing pressure challenge growth in its Pro, online and Home Services businesses. The guidance reduction is the clearest near-term pressure on the stock and raises questions about how quickly growth investments can offset softness in the core retail business. Lowe’s Cuts 2026 Outlook as DIY Pressure Tests Its Growth Engines

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.