Truist Financial Cuts Lowe’s Companies (NYSE:LOW) Price Target to $280.00

Lowe’s Companies (NYSE:LOW) had its price objective trimmed by Truist Financial from $293.00 to $280.00 in a research note published on Wednesday morning, MarketBeat.com reports. The firm currently has a buy rating on the home improvement retailer’s stock.

Other research analysts have also issued reports about the stock. Wells Fargo & Company increased their price target on shares of Lowe’s Companies from $280.00 to $290.00 and gave the stock an “overweight” rating in a research note on Thursday, February 26th. BTIG Research lowered shares of Lowe’s Companies to a “reduce” rating in a research note on Tuesday. Argus increased their price target on shares of Lowe’s Companies from $286.00 to $288.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. Sanford C. Bernstein decreased their price target on shares of Lowe’s Companies from $313.00 to $303.00 and set an “outperform” rating for the company in a research note on Thursday, February 26th. Finally, Gordon Haskett decreased their price target on shares of Lowe’s Companies from $300.00 to $280.00 in a research note on Friday, May 8th. Twenty-two research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Lowe’s Companies presently has an average rating of “Moderate Buy” and a consensus price target of $286.17.

Lowe’s Companies Trading Down 2.3%

Shares of NYSE LOW opened at $218.54 on Wednesday. Lowe’s Companies has a 12 month low of $210.33 and a 12 month high of $293.06. The firm has a market capitalization of $122.39 billion, a PE ratio of 18.44, a price-to-earnings-growth ratio of 4.28 and a beta of 0.91. The firm has a fifty day simple moving average of $238.04 and a two-hundred day simple moving average of $248.82.

Lowe’s Companies (NYSE:LOW) last issued its quarterly earnings data on Wednesday, February 25th. The home improvement retailer reported $1.98 EPS for the quarter, topping the consensus estimate of $1.94 by $0.04. The business had revenue of $20.59 billion during the quarter, compared to analyst estimates of $20.34 billion. Lowe’s Companies had a net margin of 7.71% and a negative return on equity of 61.40%. The company’s revenue for the quarter was up 10.9% on a year-over-year basis. During the same period in the prior year, the business earned $1.93 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. On average, sell-side analysts predict that Lowe’s Companies will post 12.61 earnings per share for the current year.

Lowe’s Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Wednesday, April 22nd were issued a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Wednesday, April 22nd. Lowe’s Companies’s dividend payout ratio (DPR) is presently 40.51%.

Institutional Trading of Lowe’s Companies

Institutional investors have recently made changes to their positions in the stock. Swiss RE Ltd. purchased a new stake in shares of Lowe’s Companies during the 4th quarter valued at about $25,000. Wilkerson Advisory Group LLC purchased a new stake in shares of Lowe’s Companies during the 4th quarter valued at about $27,000. Activest Wealth Management boosted its holdings in shares of Lowe’s Companies by 78.5% during 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. OLD Second National Bank of Aurora boosted its holdings in shares of Lowe’s Companies by 52.5% during the 4th quarter. OLD Second National Bank of Aurora now owns 122 shares of the home improvement retailer’s stock valued at $29,000 after acquiring an additional 42 shares during the last quarter. Finally, United Financial Planning Group LLC purchased a new stake in shares of Lowe’s Companies during the 3rd quarter valued at about $31,000. Hedge funds and other institutional investors own 74.06% of the company’s stock.

Lowe’s Companies News Roundup

Here are the key news stories impacting Lowe’s Companies this week:

• Positive Sentiment: Analyst commentary remains constructive overall, with Truist and Sanford C. Bernstein both maintaining bullish ratings on Lowe’s while trimming price targets, suggesting Wall Street still sees upside from current levels. Read More
• Positive Sentiment: Investors are looking ahead to Lowe’s Q1 earnings, where Wall Street expects detailed metrics and guidance to help confirm whether recent weakness is temporary or reflects a softer home-improvement demand backdrop. Article Title
• Neutral Sentiment: Lowe’s launched a new “Epically More Messi” marketing campaign tied to loyalty members and the upcoming soccer event, which could support engagement and brand visibility but is not likely a major near-term earnings driver. Article Title
• Neutral Sentiment: Recent articles highlight Lowe’s long-term stock performance and label it a depressed or growth-worthy stock, reinforcing valuation appeal more than changing the near-term operating outlook. Article Title
• Negative Sentiment: The stock has been weighed by recent price-target cuts from multiple firms, including Sanford C. Bernstein and Truist, which signal some caution around the pace of recovery even though ratings remain positive. Article Title
• Negative Sentiment: Broader retail and housing-related concerns remain a headwind, with coverage noting pressure from a softer housing market and shopper sensitivity to retail-theft-related measures in stores. Article Title

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.