Vanguard Personalized Indexing Management LLC Purchases 3,130 Shares of Lowe’s Companies, Inc. $LOW

Vanguard Personalized Indexing Management LLC raised its position in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 3.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 97,545 shares of the home improvement retailer’s stock after purchasing an additional 3,130 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Lowe’s Companies were worth $23,524,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Swiss RE Ltd. purchased a new position in shares of Lowe’s Companies in the fourth quarter worth approximately $25,000. Wilkerson Advisory Group LLC purchased a new stake in Lowe’s Companies during the fourth quarter valued at approximately $27,000. OLD Second National Bank of Aurora raised its position in Lowe’s Companies by 52.5% in the fourth 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 during the period. United Financial Planning Group LLC bought a new position in Lowe’s Companies in the third quarter worth approximately $31,000. Finally, Triumph Capital Management purchased a new position in shares of Lowe’s Companies during the 3rd quarter worth $34,000. Hedge funds and other institutional investors own 74.06% of the company’s stock.

Analyst Ratings Changes

LOW has been the subject of a number of recent research reports. HSBC cut their price objective on shares of Lowe’s Companies from $260.00 to $220.00 and set a “hold” rating for the company in a research report on Thursday, May 21st. Bank of America lowered their target price on Lowe’s Companies from $260.00 to $257.00 and set a “neutral” rating on the stock in a research report on Thursday, May 21st. Wolfe Research set a $254.00 price target on Lowe’s Companies in a report on Thursday, May 21st. JPMorgan Chase & Co. reduced their price target on Lowe’s Companies from $325.00 to $279.00 and set an “overweight” rating for the company in a research report on Thursday, May 21st. Finally, Jefferies Financial Group decreased their price objective on Lowe’s Companies from $305.00 to $278.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. 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. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $264.57.

Lowe’s Companies Trading Down 0.1%

NYSE LOW opened at $220.57 on Monday. The stock’s 50 day moving average is $228.38 and its 200 day moving average is $246.26. Lowe’s Companies, Inc. has a 12 month low of $203.40 and a 12 month high of $293.06. The stock has a market cap of $123.67 billion, a PE ratio of 18.64, a P/E/G ratio of 2.79 and a beta of 0.87.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings data on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 revenue was up 10.3% on a year-over-year basis. During the same period last year, the firm posted $2.92 EPS. 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 EPS for the current fiscal year.

Lowe’s Companies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 5th. Investors of record on Wednesday, July 22nd will be paid 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 yield of 2.3%. Lowe’s Companies’s dividend payout ratio is 40.57%.

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.