Lowe’s Companies, Inc. (NYSE:LOW) Stock Has Average Price Target of $255.97

Lowe’s Companies, Inc. (NYSE:LOW) has earned a consensus rating of “Moderate Buy” from the thirty-seven analysts that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating, twenty-two have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $254.29.

Several brokerages have recently weighed in on LOW. Telsey Advisory Group decreased their price target on shares of Lowe’s Companies from $280.00 to $260.00 and set an “outperform” rating for the company in a research note on Thursday, August 20th. KeyCorp reissued an “overweight” rating and issued a $275.00 price objective on shares of Lowe’s Companies in a research report on Thursday, August 20th. Sanford C. Bernstein cut their price objective on shares of Lowe’s Companies from $261.00 to $254.00 and set an “outperform” rating on the stock in a research report on Wednesday, September 9th. JPMorgan Chase & Co. reduced their target price on shares of Lowe’s Companies from $279.00 to $252.00 and set an “overweight” rating for the company in a report on Friday, July 31st. Finally, Guggenheim reaffirmed a “buy” rating and issued a $275.00 target price on shares of Lowe’s Companies in a research report on Monday, September 21st.

Hedge Funds Weigh In On Lowe’s Companies

A number of institutional investors have recently bought and sold shares of the business. Sankala Group LLC bought a new stake in shares of Lowe’s Companies in the fourth quarter valued at about $33,000. Markowski Investments acquired a new stake in Lowe’s Companies in the 2nd quarter worth about $33,000. IAG Wealth Partners LLC raised its stake in Lowe’s Companies by 178.6% in the 1st quarter. IAG Wealth Partners LLC now owns 156 shares of the home improvement retailer’s stock worth $37,000 after purchasing an additional 100 shares in the last quarter. Provenance Wealth Advisors LLC raised its stake in Lowe’s Companies by 416.7% in the 1st quarter. Provenance Wealth Advisors LLC now owns 186 shares of the home improvement retailer’s stock worth $44,000 after purchasing an additional 150 shares in the last quarter. Finally, Legacy Wealth Managment LLC ID boosted its holdings in Lowe’s Companies by 219.7% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 195 shares of the home improvement retailer’s stock valued at $46,000 after purchasing an additional 134 shares during the period. Institutional investors and hedge funds own 74.06% of the company’s stock.

Lowe’s Companies Stock Down 1.5%

LOW stock opened at $185.96 on Tuesday. Lowe’s Companies has a twelve month low of $178.45 and a twelve month high of $293.06. The business’s fifty day moving average is $202.16 and its 200-day moving average is $216.33. The company has a market cap of $104.33 billion, a P/E ratio of 15.72, a price-to-earnings-growth ratio of 1.56 and a beta of 0.89.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings data on Wednesday, August 19th. The home improvement retailer reported $4.40 EPS for the quarter, beating analysts’ consensus estimates of $4.22 by $0.18. The business had revenue of $25.96 billion during the quarter, compared to analysts’ expectations of $26.13 billion. Lowe’s Companies had a net margin of 7.34% and a negative return on equity of 75.67%. The firm’s quarterly revenue was up 8.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.33 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. Research analysts anticipate that Lowe’s Companies will post 12.26 earnings per share for the current fiscal year.

Lowe’s Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 4th. Investors of record on Wednesday, October 21st will be paid a $1.25 dividend. The ex-dividend date of this dividend is Wednesday, October 21st. This represents a $5.00 annualized dividend and a dividend yield of 2.7%. Lowe’s Companies’s dividend payout ratio (DPR) is currently 42.27%.

About Lowe’s Companies

Lowe’s Companies, Inc is a home improvement retailer serving homeowners, renters, and professional contractors primarily in the United States. The company operates through a network of retail stores and digital channels, offering products and services for home repair, maintenance, remodeling, construction, and outdoor living.

Its merchandise includes appliances, tools, hardware, lumber, building materials, plumbing and electrical supplies, paint, flooring, kitchen and bath products, lighting, home décor, lawn and garden equipment, and seasonal goods.