Juliette Williams Pryor Sells 9,330 Shares of Lowe’s Companies (NYSE:LOW) Stock

Lowe’s Companies, Inc. (NYSE:LOW) EVP Juliette Williams Pryor sold 9,330 shares of the business’s stock in a transaction that occurred on 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 completion of the transaction, the executive vice president owned 16,142 shares in the company, valued at $3,628,883.02. This trade represents a 36.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Lowe’s Companies Stock Performance

Shares of NYSE:LOW traded up $4.83 during trading on Thursday, reaching $222.10. The stock had a trading volume of 6,625,501 shares, compared to its average volume of 2,866,955. Lowe’s Companies, Inc. has a 52 week low of $203.40 and a 52 week high of $293.06. The firm’s fifty day moving average is $227.64 and its 200 day moving average is $245.84. The stock has a market cap of $124.53 billion, a price-to-earnings ratio of 18.77, a P/E/G ratio of 2.83 and a beta of 0.86.

Lowe’s Companies (NYSE:LOW) last announced its earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share for the quarter, topping analysts’ consensus estimates of $2.97 by $0.06. The business had revenue of $23.08 billion during the quarter, compared to the consensus estimate of $22.98 billion. Lowe’s Companies had a net margin of 7.51% and a negative return on equity of 67.96%. Lowe’s Companies’s quarterly revenue was up 10.3% on a year-over-year basis. During the same quarter last year, the firm earned $2.92 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. On average, research analysts forecast that Lowe’s Companies, Inc. will post 12.48 earnings per share for the current fiscal year.

Lowe’s Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 5th. Stockholders of record on Wednesday, July 22nd will be paid a $1.25 dividend. The ex-dividend date of this dividend is Wednesday, July 22nd. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.3%. This is a positive change from Lowe’s Companies’s previous quarterly dividend of $1.20. Lowe’s Companies’s dividend payout ratio (DPR) is presently 42.27%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on LOW shares. BNP Paribas Exane decreased their target price on Lowe’s Companies from $228.00 to $202.00 and set an “underperform” rating for the company in a research note on Thursday, May 21st. KGI Securities assumed coverage on Lowe’s Companies in a research note on Tuesday, March 10th. They issued a “neutral” rating and a $255.00 price target on the stock. William Blair assumed coverage on Lowe’s Companies in a report on Tuesday, May 12th. They set an “overweight” rating on the stock. Weiss Ratings downgraded shares of Lowe’s Companies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, June 4th. Finally, Morgan Stanley lowered their price objective on shares of Lowe’s Companies from $292.00 to $277.00 and set an “overweight” rating for the company in a research note on Thursday, May 21st. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $264.57.

Hedge Funds Weigh In On Lowe’s Companies

A number of institutional investors have recently modified their holdings of LOW. Swiss RE Ltd. acquired a new position in Lowe’s Companies during the fourth quarter worth $25,000. Wilkerson Advisory Group LLC bought a new position in shares of Lowe’s Companies in the fourth quarter valued at $27,000. OLD Second National Bank of Aurora grew its holdings in shares of Lowe’s Companies by 52.5% during the fourth quarter. OLD Second National Bank of Aurora now owns 122 shares of the home improvement retailer’s stock valued at $29,000 after buying an additional 42 shares during the last quarter. United Financial Planning Group LLC acquired a new position in shares of Lowe’s Companies during the third quarter valued at about $31,000. Finally, Sankala Group LLC bought a new stake in shares of Lowe’s Companies during the fourth quarter worth about $33,000. 74.06% of the stock is owned by institutional investors and hedge funds.

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.