J. Safra Sarasin Holding AG Purchases 2,794 Shares of Lowe’s Companies, Inc. $LOW

J. Safra Sarasin Holding AG raised its position in Lowe’s Companies, Inc. (NYSE:LOW) by 2.7% during the first quarter, according to its most recent filing with the SEC. The firm owned 107,272 shares of the home improvement retailer’s stock after purchasing an additional 2,794 shares during the period. J. Safra Sarasin Holding AG’s holdings in Lowe’s Companies were worth $25,341,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in Lowe’s Companies by 1.7% during the fourth quarter. Vanguard Group Inc. now owns 56,230,787 shares of the home improvement retailer’s stock worth $13,560,617,000 after buying an additional 924,625 shares during the last quarter. State Street Corp boosted its position in Lowe’s Companies by 0.5% during the third quarter. State Street Corp now owns 25,036,276 shares of the home improvement retailer’s stock valued at $6,291,867,000 after acquiring an additional 124,501 shares during the last quarter. Geode Capital Management LLC grew its holdings in Lowe’s Companies by 7.1% during the 4th quarter. Geode Capital Management LLC now owns 13,326,581 shares of the home improvement retailer’s stock worth $3,201,329,000 after acquiring an additional 887,579 shares during the period. Norges Bank acquired a new stake in Lowe’s Companies during the 4th quarter worth about $1,993,697,000. Finally, Northern Trust Corp raised its position in shares of Lowe’s Companies by 1.5% in the 3rd quarter. Northern Trust Corp now owns 6,830,080 shares of the home improvement retailer’s stock worth $1,716,467,000 after acquiring an additional 103,827 shares in the last quarter. 74.06% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

LOW has been the subject of several recent analyst reports. Wells Fargo & Company decreased their target price on Lowe’s Companies from $260.00 to $255.00 and set an “overweight” rating for the company in a research note on Thursday, May 21st. The Goldman Sachs Group cut their price target on Lowe’s Companies from $300.00 to $293.00 and set a “buy” rating on the stock in a report on Thursday, May 21st. TD Cowen reduced their price objective on shares of Lowe’s Companies from $280.00 to $235.00 and set a “hold” rating for the company in a research report on Thursday, May 21st. UBS Group lowered their price objective on shares of Lowe’s Companies from $315.00 to $285.00 and set a “buy” rating for the company in a research note on Thursday, May 21st. Finally, DA Davidson reiterated a “neutral” rating and set a $275.00 target price on shares of Lowe’s Companies in a research report on Wednesday, May 20th. Twenty-three equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Lowe’s Companies has an average rating of “Moderate Buy” and a consensus target price of $264.57.

Lowe’s Companies Stock Up 0.0%

Shares of NYSE:LOW opened at $211.69 on Monday. Lowe’s Companies, Inc. has a twelve month low of $203.40 and a twelve month high of $293.06. The stock’s 50 day moving average is $219.20 and its 200-day moving average is $242.73. The firm has a market capitalization of $118.70 billion, a price-to-earnings ratio of 17.89, a PEG ratio of 2.67 and a beta of 0.86.

Lowe’s Companies (NYSE:LOW) last posted its quarterly earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share (EPS) for the quarter, beating the consensus estimate 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 revenue was up 10.3% compared to the same quarter last year. During the same quarter last year, the firm posted $2.92 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. Equities research analysts anticipate 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 issued a dividend of $1.25 per share. This is an increase from Lowe’s Companies’s previous quarterly dividend of $1.20. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Wednesday, July 22nd. Lowe’s Companies’s dividend payout ratio is 40.57%.

Insider Activity

In other news, EVP Margrethe R. Vagell sold 2,500 shares of the business’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $223.83, for a total transaction of $559,575.00. Following the completion of the sale, the executive vice president directly owned 20,220 shares of the company’s stock, valued at $4,525,842.60. The trade was a 11.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Janice Dupre sold 14,150 shares of the company’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $221.90, for a total transaction of $3,139,885.00. Following the completion of the sale, the executive vice president owned 39,785 shares in the company, valued at $8,828,291.50. This represents a 26.24% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 25,980 shares of company stock worth $5,796,937 over the last three months. 0.29% of the stock is currently owned by insiders.

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.