Thurston Springer Miller Herd & Titak Inc. Increases Holdings in Lowe’s Companies, Inc. $LOW

Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 232.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,367 shares of the home improvement retailer’s stock after acquiring an additional 3,055 shares during the period. Thurston Springer Miller Herd & Titak Inc.’s holdings in Lowe’s Companies were worth $1,053,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Howard Hughes Medical Institute bought a new position in shares of Lowe’s Companies during the second quarter valued at about $27,000. Activest Wealth Management lifted its stake in shares of Lowe’s Companies by 78.5% in the 3rd quarter. Activest Wealth Management now owns 116 shares of the home improvement retailer’s stock valued at $29,000 after acquiring an additional 51 shares during the last quarter. United Financial Planning Group LLC bought a new stake in shares of Lowe’s Companies in the 3rd quarter valued at about $31,000. Triumph Capital Management purchased a new stake in Lowe’s Companies during the 3rd quarter valued at about $34,000. Finally, Guerra Advisors Inc purchased a new stake in Lowe’s Companies during the 3rd quarter valued at about $35,000. 74.06% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Lowe’s Companies news, CEO Marvin R. Ellison sold 18,000 shares of Lowe’s Companies stock in a transaction on Friday, January 9th. The stock was sold at an average price of $261.17, for a total transaction of $4,701,060.00. Following the completion of the transaction, the chief executive officer owned 231,043 shares in the company, valued at approximately $60,341,500.31. The trade was a 7.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.27% of the stock is currently owned by company insiders.

Lowe’s Companies Price Performance

Shares of Lowe’s Companies stock opened at $231.44 on Friday. Lowe’s Companies, Inc. has a 1 year low of $206.38 and a 1 year high of $293.06. The firm has a market cap of $129.62 billion, a price-to-earnings ratio of 19.53, a PEG ratio of 5.02 and a beta of 0.97. The company has a 50-day moving average of $258.28 and a 200 day moving average of $250.94.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings data on Wednesday, February 25th. The home improvement retailer reported $1.98 earnings per share for the quarter, topping analysts’ consensus estimates of $1.94 by $0.04. Lowe’s Companies had a net margin of 7.71% and a negative return on equity of 61.40%. The business had revenue of $20.59 billion for the quarter, compared to analysts’ expectations of $20.34 billion. During the same quarter in the prior year, the company earned $1.93 earnings per share. The business’s revenue was up 10.9% compared to the same quarter last year. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. On average, equities analysts anticipate that Lowe’s Companies, Inc. will post 11.9 EPS for the current year.

Lowe’s Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 6th. Investors of record on Wednesday, April 22nd will be paid a $1.20 dividend. The ex-dividend date is Wednesday, April 22nd. This represents a $4.80 annualized dividend and a dividend yield of 2.1%. Lowe’s Companies’s dividend payout ratio is presently 40.51%.

Analyst Upgrades and Downgrades

LOW has been the topic of several recent analyst reports. Oppenheimer cut their target price on shares of Lowe’s Companies from $320.00 to $315.00 and set an “outperform” rating on the stock in a report on Friday, December 5th. The Goldman Sachs Group increased their price target on shares of Lowe’s Companies from $283.00 to $300.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Guggenheim raised their price target on shares of Lowe’s Companies from $280.00 to $300.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. Sanford C. Bernstein cut their price target on shares of Lowe’s Companies from $313.00 to $303.00 and set an “outperform” rating on the stock in a report on Thursday, February 26th. Finally, Wolfe Research decreased their price objective on shares of Lowe’s Companies from $285.00 to $284.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 4th. Twenty-two analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $289.24.

About Lowe’s Companies

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.