Titan Investment Management LLC Buys 11,633 Shares of Lowe’s Companies, Inc. $LOW

Titan Investment Management LLC bought a new stake in shares of Lowe’s Companies, Inc. (NYSE:LOW) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 11,633 shares of the home improvement retailer’s stock, valued at approximately $2,144,000. Lowe’s Companies makes up approximately 1.6% of Titan Investment Management LLC’s holdings, making the stock its 23rd largest holding.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Culbertson A N & Co. Inc. grew its position in Lowe’s Companies by 5.9% during the 3rd quarter. Culbertson A N & Co. Inc. now owns 2,858 shares of the home improvement retailer’s stock worth $527,000 after purchasing an additional 160 shares during the last quarter. NBT Bank N.A. acquired a new position in Lowe’s Companies during the 3rd quarter valued at approximately $16,164,000. Isthmus Partners LLC increased its stake in Lowe’s Companies by 2.6% during the 3rd quarter. Isthmus Partners LLC now owns 54,129 shares of the home improvement retailer’s stock valued at $9,975,000 after purchasing an additional 1,382 shares in the last quarter. Boothe Investment Group Inc. purchased a new position in shares of Lowe’s Companies in the third quarter worth $620,000. Finally, E. Ohman J or Asset Management AB raised its holdings in shares of Lowe’s Companies by 4.5% in the third quarter. E. Ohman J or Asset Management AB now owns 23,027 shares of the home improvement retailer’s stock worth $4,244,000 after buying an additional 1,000 shares during the last quarter. 74.06% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Gordon Haskett downgraded shares of Lowe’s Companies from a “buy” rating to a “hold” rating and set a $200.00 price objective for the company. in a research note on Thursday, September 24th. UBS Group cut their target price on Lowe’s Companies from $285.00 to $275.00 and set a “buy” rating on the stock in a research report on Thursday, August 20th. Truist Financial cut their target price on Lowe’s Companies from $255.00 to $254.00 and set a “buy” rating on the stock in a research report on Thursday, August 20th. Guggenheim restated a “buy” rating and issued a $275.00 target price on shares of Lowe’s Companies in a research note on Monday, September 21st. Finally, Sanford C. Bernstein lowered their price target on Lowe’s Companies from $261.00 to $254.00 and set an “outperform” rating for the company in a research report on Wednesday, September 9th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Lowe’s Companies has an average rating of “Moderate Buy” and a consensus target price of $254.29.

Lowe’s Companies Price Performance

NYSE LOW opened at $204.30 on Friday. Lowe’s Companies, Inc. has a 1 year low of $178.45 and a 1 year high of $293.06. The company has a market capitalization of $114.62 billion, a PE ratio of 17.27, a P/E/G ratio of 1.64 and a beta of 0.89. The company has a fifty day moving average of $197.89 and a 200 day moving average of $213.72.

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

Lowe’s Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 4th. Stockholders of record on Wednesday, October 21st will be issued a $1.25 dividend. This represents a $5.00 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Wednesday, October 21st. Lowe’s Companies’s payout ratio is 42.27%.

Lowe’s Companies Company Profile

Lowe’s Companies, Inc is a home improvement retailer serving do-it-yourself customers, professional contractors and commercial customers across the United States. The company sells products for home construction, maintenance, repair, remodeling and improvement through its stores and digital platforms.

Its merchandise includes appliances, tools, hardware, lumber, building materials, electrical and plumbing supplies, paint, flooring, kitchen and bathroom products, outdoor living items, lawn and garden products, and seasonal merchandise.