Representative Josh Gottheimer (D-New Jersey) recently sold shares of Lowe’s Companies, Inc. (NYSE:LOW). In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Lowe’s Companies stock on April 9th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.
Representative Josh Gottheimer also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of RTX (NYSE:RTX) on 4/23/2025.
- Purchased $1,001 – $15,000 in shares of Cheniere Energy (NYSE:LNG) on 4/22/2025.
- Purchased $1,001 – $15,000 in shares of Techtronic Industries (OTCMKTS:TTNDY) on 4/21/2025.
- Purchased $1,001 – $15,000 in shares of Tri Pointe Homes (NYSE:TPH) on 4/21/2025.
- Purchased $1,001 – $15,000 in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) on 4/21/2025.
- Sold $1,001 – $15,000 in shares of KKR & Co. Inc. (NYSE:KKR) on 4/21/2025.
- Purchased $1,001 – $15,000 in shares of D.R. Horton (NYSE:DHI) on 4/21/2025.
- Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 4/21/2025.
- Sold $1,001 – $15,000 in shares of Hillman Solutions (NASDAQ:HLMN) on 4/17/2025.
- Sold $1,001 – $15,000 in shares of AbbVie (NYSE:ABBV) on 4/17/2025.
Lowe’s Companies Price Performance
NYSE LOW opened at $234.20 on Friday. The firm’s fifty day moving average price is $224.34 and its 200 day moving average price is $245.93. The company has a market capitalization of $131.09 billion, a price-to-earnings ratio of 19.53, a price-to-earnings-growth ratio of 1.96 and a beta of 1.00. Lowe’s Companies, Inc. has a 12 month low of $206.39 and a 12 month high of $287.01.
Lowe’s Companies Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 7th. Shareholders of record on Wednesday, April 23rd were given a $1.15 dividend. This represents a $4.60 dividend on an annualized basis and a dividend yield of 1.96%. The ex-dividend date of this dividend was Wednesday, April 23rd. Lowe’s Companies’s dividend payout ratio is presently 37.67%.
Institutional Trading of Lowe’s Companies
Hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of Lowe’s Companies by 0.4% in the first quarter. Vanguard Group Inc. now owns 54,609,378 shares of the home improvement retailer’s stock valued at $12,736,545,000 after purchasing an additional 230,359 shares during the period. FMR LLC lifted its stake in shares of Lowe’s Companies by 1.0% in the fourth quarter. FMR LLC now owns 26,270,496 shares of the home improvement retailer’s stock valued at $6,483,558,000 after purchasing an additional 259,766 shares during the period. Geode Capital Management LLC lifted its stake in shares of Lowe’s Companies by 2.1% in the fourth quarter. Geode Capital Management LLC now owns 11,979,337 shares of the home improvement retailer’s stock valued at $2,952,341,000 after purchasing an additional 245,876 shares during the period. Norges Bank acquired a new stake in shares of Lowe’s Companies in the fourth quarter valued at about $1,842,954,000. Finally, Northern Trust Corp lifted its stake in shares of Lowe’s Companies by 16.3% in the fourth quarter. Northern Trust Corp now owns 7,074,391 shares of the home improvement retailer’s stock valued at $1,745,960,000 after purchasing an additional 993,833 shares during the period. Institutional investors and hedge funds own 74.06% of the company’s stock.
Wall Street Analyst Weigh In
A number of research analysts recently commented on the stock. JPMorgan Chase & Co. dropped their target price on shares of Lowe’s Companies from $300.00 to $263.00 and set an “overweight” rating on the stock in a research report on Tuesday, May 6th. StockNews.com raised shares of Lowe’s Companies from a “hold” rating to a “buy” rating in a research report on Tuesday, April 15th. Piper Sandler dropped their target price on shares of Lowe’s Companies from $296.00 to $269.00 and set an “overweight” rating on the stock in a research report on Monday, March 24th. Mizuho lowered their price objective on shares of Lowe’s Companies from $305.00 to $300.00 and set an “outperform” rating on the stock in a research report on Thursday, February 27th. Finally, Citigroup reissued a “neutral” rating and set a $253.00 price objective (down from $269.00) on shares of Lowe’s Companies in a research report on Wednesday. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and sixteen have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $277.00.
Read Our Latest Stock Analysis on LOW
About Representative Gottheimer
Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.
Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.
Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.
Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.
Lowe’s Companies Company Profile
Lowe’s Companies, Inc, together with its subsidiaries, operates as a home improvement retailer in the United States. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It also provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, and electrical.
Featured Articles
- Five stocks we like better than Lowe’s Companies
- Profitably Trade Stocks at 52-Week Highs
- Meta’s 5 Key Pillars for AI Growth—Zuckerberg’s Bold Vision
- How to Use High Beta Stocks to Maximize Your Investing Profits
- Retail Investors Are Betting Big on Rocket Lab—Should You Too?
- How to Effectively Use the MarketBeat Ratings Screener
- GE Aerospace: Qatar Deal Fuels Multi-Billion Dollar Growth Engine
Receive News & Ratings for Lowe's Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lowe's Companies and related companies with MarketBeat.com's FREE daily email newsletter.