Lowe’s Companies, Inc. $LOW Shares Sold by Triglav Investments D.O.O.

Triglav Investments D.O.O. reduced its holdings in Lowe’s Companies, Inc. (NYSE:LOW) by 34.7% during the first quarter, HoldingsChannel reports. The institutional investor owned 34,632 shares of the home improvement retailer’s stock after selling 18,378 shares during the period. Triglav Investments D.O.O.’s holdings in Lowe’s Companies were worth $8,182,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Swiss RE Ltd. acquired a new stake in Lowe’s Companies during the fourth quarter worth about $25,000. Wilkerson Advisory Group LLC acquired a new position in Lowe’s Companies in the fourth quarter valued at approximately $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 purchasing an additional 42 shares during the last quarter. Sankala Group LLC bought a new position in shares of Lowe’s Companies during the fourth quarter valued at approximately $33,000. Finally, Triumph Capital Management acquired a new stake in shares of Lowe’s Companies during the 3rd quarter worth approximately $34,000. 74.06% of the stock is owned by institutional investors and hedge funds.

Lowe’s Companies Trading Up 0.0%

NYSE:LOW opened at $211.69 on Monday. The business’s fifty day moving average price is $219.20 and its 200 day moving average price 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, Inc. has a 1-year low of $203.40 and a 1-year high of $293.06.

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

Lowe’s Companies Increases Dividend

The business also recently declared 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. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.4%. This is a boost from Lowe’s Companies’s previous quarterly dividend of $1.20. The ex-dividend date of this dividend is Wednesday, July 22nd. Lowe’s Companies’s dividend payout ratio (DPR) is currently 40.57%.

Wall Street Analyst Weigh In

LOW has been the topic of several recent research reports. Mizuho cut their price target on Lowe’s Companies from $294.00 to $280.00 and set an “outperform” rating on the stock in a report on Thursday, May 21st. Robert W. Baird dropped their target price on Lowe’s Companies from $320.00 to $270.00 and set an “outperform” rating on the stock in a research report on Thursday, May 21st. Sanford C. Bernstein reduced their price target on shares of Lowe’s Companies from $303.00 to $281.00 and set an “outperform” rating for the company in a report on Thursday, May 14th. JPMorgan Chase & Co. lowered their price target on shares of Lowe’s Companies from $325.00 to $279.00 and set an “overweight” rating for the company in a research report on Thursday, May 21st. Finally, KeyCorp dropped their price objective on shares of Lowe’s Companies from $300.00 to $275.00 and set an “overweight” rating on the stock in a report on Thursday, May 21st. Twenty-three research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Lowe’s Companies currently has a consensus rating of “Moderate Buy” and an average price target of $264.57.

Insider Buying and Selling

In related news, EVP Juliette Williams Pryor sold 9,330 shares of the stock in a transaction 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 sale, the executive vice president directly owned 16,142 shares in the company, valued at approximately $3,628,883.02. This trade represents a 36.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 value of $559,575.00. Following the completion of the transaction, the executive vice president owned 20,220 shares in the company, valued at $4,525,842.60. This trade represents a 11.00% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 25,980 shares of company stock worth $5,796,937. Corporate insiders own 0.29% of the company’s stock.

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.