Livforsakringsbolaget Skandia Omsesidigt Buys 3,200 Shares of Lowe’s Companies, Inc. $LOW

Livforsakringsbolaget Skandia Omsesidigt lifted its stake in Lowe’s Companies, Inc. (NYSE:LOW) by 71.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,694 shares of the home improvement retailer’s stock after purchasing an additional 3,200 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Lowe’s Companies were worth $1,855,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. United Financial Planning Group LLC bought a new position in Lowe’s Companies during the 3rd quarter worth about $31,000. OLD Second National Bank of Aurora grew its holdings in Lowe’s Companies by 52.5% during the 4th quarter. OLD Second National Bank of Aurora now owns 122 shares of the home improvement retailer’s stock worth $29,000 after acquiring an additional 42 shares in the last quarter. Triumph Capital Management bought a new position in Lowe’s Companies during the 3rd quarter worth about $34,000. Financial Life Planners bought a new position in Lowe’s Companies during the 3rd quarter worth about $36,000. Finally, Ares Financial Consulting LLC bought a new position in Lowe’s Companies during the 4th quarter worth about $36,000. 74.06% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

LOW has been the topic of several recent research reports. Oppenheimer dropped their target price on shares of Lowe’s Companies from $315.00 to $275.00 and set an “outperform” rating on the stock in a report on Monday, May 18th. BTIG Research cut shares of Lowe’s Companies to a “reduce” rating in a report on Tuesday, May 12th. JPMorgan Chase & Co. dropped their target price on shares of Lowe’s Companies from $325.00 to $279.00 and set an “overweight” rating on the stock in a report on Thursday, May 21st. Royal Bank Of Canada dropped their target price on shares of Lowe’s Companies from $264.00 to $232.00 and set a “sector perform” rating on the stock in a report on Thursday, May 21st. Finally, Piper Sandler dropped their target price on shares of Lowe’s Companies from $300.00 to $276.00 and set an “overweight” rating on the stock in a report on Thursday, May 21st. Twenty-three equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $264.57.

Key Headlines Impacting Lowe’s Companies

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

• Positive Sentiment: Jefferies says Lowe’s home maintenance program could boost recurring subscription revenue, improving the company’s growth mix and potentially supporting the stock. Article Title
• Positive Sentiment: Lowe’s recent dividend increase is being highlighted as a favorable signal for income-focused investors and confidence in cash flow. Article Title
• Positive Sentiment: Zacks Research raised some future earnings estimates, including Q1 2028 and Q1 2029, which suggests analysts still see longer-term earnings growth potential. Article Title
• Neutral Sentiment: Multiple Zacks estimate changes were mixed overall, with several later-period forecasts cut at the same time, so the analyst updates do not present a clear near-term earnings upgrade. Article Title
• Negative Sentiment: Housing-market concerns continue to pressure Lowe’s shares, and recent reporting notes the stock has been trading near a yearly low despite solid earnings and the higher dividend. Article Title

Lowe’s Companies Stock Performance

LOW stock opened at $208.00 on Friday. The firm has a market cap of $116.63 billion, a price-to-earnings ratio of 17.58, a PEG ratio of 2.62 and a beta of 0.86. The firm has a 50-day simple moving average of $230.63 and a two-hundred day simple moving average of $246.76. 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 released its quarterly 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. The business had revenue of $23.08 billion during the quarter, compared to analyst estimates of $22.98 billion. Lowe’s Companies had a net margin of 7.51% and a negative return on equity of 67.96%. The company’s quarterly revenue was up 10.3% on a year-over-year basis. During the same period in the prior year, the firm posted $2.92 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. As a group, equities analysts predict that Lowe’s Companies, Inc. will post 12.48 earnings per share for the current fiscal year.

Lowe’s Companies Increases Dividend

The company also recently declared 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. The ex-dividend date of this dividend is Wednesday, July 22nd. This is a positive change from Lowe’s Companies’s previous quarterly dividend of $1.20. This represents a $5.00 annualized dividend and a dividend yield of 2.4%. Lowe’s Companies’s payout ratio is currently 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.