Toth Financial Advisory Corp Sells 4,268 Shares of Lowe’s Companies, Inc. $LOW

Toth Financial Advisory Corp reduced its holdings in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 9.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,701 shares of the home improvement retailer’s stock after selling 4,268 shares during the quarter. Toth Financial Advisory Corp’s holdings in Lowe’s Companies were worth $9,195,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Providence Wealth Advisors LLC lifted its position in Lowe’s Companies by 0.5% in the 4th quarter. Providence Wealth Advisors LLC now owns 7,969 shares of the home improvement retailer’s stock valued at $1,959,000 after acquiring an additional 36 shares in the last quarter. First Command Advisory Services Inc. increased its holdings in Lowe’s Companies by 1.3% during the 4th quarter. First Command Advisory Services Inc. now owns 2,947 shares of the home improvement retailer’s stock worth $711,000 after purchasing an additional 38 shares in the last quarter. Smithbridge Asset Management Inc. DE raised its stake in shares of 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 last quarter. Sumitomo Life Insurance Co. raised its stake in shares of Lowe’s Companies by 0.6% in the fourth quarter. Sumitomo Life Insurance Co. now owns 6,140 shares of the home improvement retailer’s stock worth $1,481,000 after purchasing an additional 39 shares during the last quarter. Finally, S&CO Inc. lifted its holdings in shares of Lowe’s Companies by 0.6% in the fourth quarter. S&CO Inc. now owns 6,403 shares of the home improvement retailer’s stock valued at $1,544,000 after purchasing an additional 40 shares in the last quarter. 74.06% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on LOW shares. Jefferies Financial Group reduced their target price on shares of Lowe’s Companies from $305.00 to $278.00 and set a “buy” rating for the company in a research note on Thursday, May 21st. Gordon Haskett dropped their price target on shares of Lowe’s Companies from $280.00 to $250.00 and set a “buy” rating on the stock in a research report on Thursday, May 21st. Robert W. Baird reduced 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 report on Thursday, May 21st. Stifel Nicolaus decreased their price objective on shares of Lowe’s Companies from $270.00 to $220.00 and set a “hold” rating for the company in a research note on Monday, May 18th. Finally, Telsey Advisory Group dropped their target price on shares of Lowe’s Companies from $280.00 to $260.00 and set an “outperform” rating on the stock in a research report on Thursday, August 20th. Twenty-three equities 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 stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $258.53.

Insider Transactions at Lowe’s Companies

In other Lowe’s Companies news, EVP Janice Dupre sold 14,150 shares of the company’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $221.90, for a total transaction of $3,139,885.00. Following the sale, the executive vice president directly owned 39,785 shares of the company’s stock, valued at $8,828,291.50. This represents a 26.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Juliette Williams Pryor sold 9,330 shares of the stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $224.81, for a total transaction of $2,097,477.30. Following the transaction, the executive vice president owned 16,142 shares of the company’s stock, valued at $3,628,883.02. This represents a 36.63% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 25,980 shares of company stock worth $5,796,937. 0.29% of the stock is owned by company insiders.

Lowe’s Companies Trading Up 0.7%

Lowe’s Companies stock opened at $208.20 on Friday. Lowe’s Companies, Inc. has a 12 month low of $199.40 and a 12 month high of $293.06. The business’s 50 day simple moving average is $215.10 and its 200 day simple moving average is $230.79. The company has a market cap of $116.74 billion, a price-to-earnings ratio of 17.60, a PEG ratio of 2.75 and a beta of 0.86.

Lowe’s Companies (NYSE:LOW) last released its earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.22 by $0.18. Lowe’s Companies had a negative return on equity of 75.67% and a net margin of 7.34%.The business had revenue of $25.96 billion during the quarter, compared to the consensus estimate of $26.13 billion. During the same period last year, the business posted $4.33 earnings per share. The business’s revenue for the quarter was up 8.3% on a year-over-year basis. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. As a group, equities research analysts forecast that Lowe’s Companies, Inc. will post 12.26 earnings per share for the current fiscal year.

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.