Citigroup Has Lowered Expectations for Lowe’s Companies (NYSE:LOW) Stock Price

Lowe’s Companies (NYSE:LOW) had its price target reduced by analysts at Citigroup from $285.00 to $267.00 in a research note issued on Thursday,Benzinga reports. The firm presently has a “buy” rating on the home improvement retailer’s stock. Citigroup’s price target points to a potential upside of 22.85% from the stock’s previous close.

Several other research firms have also commented on LOW. Truist Financial lowered their price target on shares of Lowe’s Companies from $280.00 to $255.00 and set a “buy” rating on the stock in a report on Thursday, May 21st. Sanford C. Bernstein decreased their price objective on Lowe’s Companies from $303.00 to $281.00 and set an “outperform” rating for the company in a report on Thursday, May 14th. The Goldman Sachs Group dropped their target price 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. Mizuho reduced their price target on Lowe’s Companies from $294.00 to $280.00 and set an “outperform” rating for the company in a research report on Thursday, May 21st. Finally, JPMorgan Chase & Co. decreased their price target on Lowe’s Companies from $279.00 to $252.00 and set an “overweight” rating for the company in a report on Friday, July 31st. Twenty-three analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $262.63.

Lowe’s Companies Trading Up 0.6%

NYSE LOW traded up $1.37 on Thursday, hitting $217.34. 1,628,546 shares of the company’s stock traded hands, compared to its average volume of 2,868,630. Lowe’s Companies has a 1-year low of $199.40 and a 1-year high of $293.06. The firm’s 50-day moving average price is $215.65 and its two-hundred day moving average price is $235.40. The firm has a market capitalization of $121.86 billion, a PE ratio of 18.36, a P/E/G ratio of 2.82 and a beta of 0.86.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings data 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 firm had revenue of $23.08 billion for the quarter, compared to analyst estimates of $22.98 billion. Lowe’s Companies had a net margin of 7.51% and a negative return on equity of 67.96%. The business’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same quarter in the prior year, the business 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 anticipate that Lowe’s Companies will post 12.45 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, EVP Juliette Williams Pryor sold 9,330 shares of the 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 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 filing with the SEC, which is available at the SEC website. Also, EVP Margrethe R. Vagell sold 2,500 shares of Lowe’s Companies stock in a transaction on 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 in the company, valued at $4,525,842.60. This represents a 11.00% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 25,980 shares of company stock worth $5,796,937. 0.29% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in Lowe’s Companies by 1.7% in the 4th 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. BlackRock Inc. increased its position in shares of Lowe’s Companies by 1.8% during the second quarter. BlackRock Inc. now owns 40,545,728 shares of the home improvement retailer’s stock worth $8,939,928,000 after purchasing an additional 714,092 shares in the last quarter. State Street Corp raised its stake in Lowe’s Companies by 0.5% in the 3rd quarter. State Street Corp now owns 25,036,276 shares of the home improvement retailer’s stock valued at $6,291,867,000 after purchasing an additional 124,501 shares during the last quarter. Geode Capital Management LLC raised its stake in Lowe’s Companies by 7.1% in the 4th quarter. Geode Capital Management LLC now owns 13,326,581 shares of the home improvement retailer’s stock valued at $3,201,329,000 after purchasing an additional 887,579 shares during the last quarter. Finally, Norges Bank purchased a new position in Lowe’s Companies in the 4th quarter valued at $1,993,697,000. Institutional investors and hedge funds 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: Lowe’s is trading at its lowest forward price-to-earnings ratio in more than two years, which some analysts view as an attractive entry point before earnings. The company also recently increased its dividend, reinforcing its status as a Dividend King. 1 Number That Makes Lowe’s Stock an Obvious Buy Before Aug. 19
• Positive Sentiment: A Seeking Alpha analysis argues that the market is underestimating Lowe’s operational quality and long-term potential, supporting the bullish valuation case. Lowe’s Companies: The Market Is Underestimating This High-Quality Retailer
• Neutral Sentiment: Lowe’s confirmed that it will report second-quarter 2026 results and host its earnings conference call on Aug. 19 at 9 a.m. Eastern time. The event is the next major catalyst for the stock. Lowe’s Second Quarter 2026 Earnings Conference Call
• Neutral Sentiment: Wells Fargo lowered its price target to $245, while maintaining a target materially above the recent trading level. The adjustment signals continued upside potential but also a more cautious outlook. Wells Fargo Lowers Lowe’s Price Target
• Negative Sentiment: Analysts expect Lowe’s second-quarter earnings to decline and say the company lacks the typical indicators for a likely earnings beat. This creates downside risk if results or guidance disappoint on Aug. 19. Lowe’s Q2 Earnings Preview
• Negative Sentiment: RBC trimmed its price target from $232 to $231 and maintained a “sector perform” rating, reflecting limited near-term conviction. RBC Lowe’s Price Target Update

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.