R Squared Ltd Buys 2,688 Shares of Lowe’s Companies, Inc. $LOW

R Squared Ltd bought a new stake in Lowe’s Companies, Inc. (NYSE:LOW) in the third quarter, HoldingsChannel.com reports. The institutional investor bought 2,688 shares of the home improvement retailer’s stock, valued at approximately $495,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in LOW. Nan Fung Trinity HK Ltd. bought a new position in Lowe’s Companies in the third quarter valued at about $14,651,000. CFM Wealth Partners LLC increased its position in Lowe’s Companies by 21.2% in the third quarter. CFM Wealth Partners LLC now owns 2,290 shares of the home improvement retailer’s stock worth $422,000 after purchasing an additional 400 shares during the period. Maryland State Retirement & Pension System increased its position in Lowe’s Companies by 15.2% in the third quarter. Maryland State Retirement & Pension System now owns 34,644 shares of the home improvement retailer’s stock worth $6,385,000 after purchasing an additional 4,572 shares during the period. UNIVEST FINANCIAL Corp raised its holdings in Lowe’s Companies by 3.9% during the 3rd quarter. UNIVEST FINANCIAL Corp now owns 4,430 shares of the home improvement retailer’s stock worth $816,000 after purchasing an additional 167 shares during the last quarter. Finally, Jacobi Capital Management LLC raised its holdings in Lowe’s Companies by 9.8% during the 3rd quarter. Jacobi Capital Management LLC now owns 12,976 shares of the home improvement retailer’s stock worth $2,391,000 after purchasing an additional 1,156 shares during the last quarter. Institutional investors and hedge funds own 74.06% of the company’s stock.

Latest Lowe’s Companies News

Investors following LOW have been watching these news items:

• Positive Sentiment: Sanford C. Bernstein and JPMorgan Chase raised their price targets on LOW, providing a favorable analyst signal, although the available reports do not specify the new targets. Article: Bernstein Price Target Boost Article: JPMorgan Price Target Bump
• Neutral Sentiment: Analyst previews point to a possible third-quarter earnings beat, citing an Earnings ESP of +0.59%, Pro demand and digital growth. Lowe’s is scheduled to report on Nov. 18; the results and management’s outlook may be more consequential than the beat potential alone. Article: What’s Lowe’s Probability of an Earnings Beat This Season?
• Negative Sentiment: The immediate pressure appears to reflect a pullback after LOW reached its highest level since May and its recent rally stalled. Earnings previews also flag housing-market weakness and cost pressures, while one analysis expects a mixed home-renovation outlook and describes the shares as fairly valued—potential reasons investors may be cautious ahead of results. Article: Bearish Sentiment Could Give Out Ahead of Lowe’s Earnings Article: Lowe’s Q3 Preview

Lowe’s Companies Price Performance

NYSE:LOW opened at $227.66 on Friday. Lowe’s Companies, Inc. has a fifty-two week low of $178.45 and a fifty-two week high of $293.06. The stock has a market capitalization of $127.73 billion, a PE ratio of 19.24, a price-to-earnings-growth ratio of 1.99 and a beta of 0.81. The business’s 50-day simple moving average is $199.39 and its 200-day simple moving average is $224.22.

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

Lowe’s Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 4th. Shareholders of record on Wednesday, October 21st were paid a $1.25 dividend. The ex-dividend date of this dividend was Wednesday, October 21st. This represents a $5.00 dividend on an annualized basis and a yield of 2.2%. Lowe’s Companies’s payout ratio is presently 42.27%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on LOW shares. KeyCorp reaffirmed an “overweight” rating and issued a $275.00 target price on shares of Lowe’s Companies in a research note on Thursday, August 20th. Telsey Advisory Group dropped 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. Stifel Nicolaus dropped their price target on shares of Lowe’s Companies from $220.00 to $195.00 and set a “hold” rating for the company in a research note on Monday, October 26th. Royal Bank Of Canada restated a “sector perform” rating and issued a $231.00 price objective on shares of Lowe’s Companies in a report on Thursday, August 20th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Lowe’s Companies in a research note on Thursday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $254.74.

Lowe’s Companies Company Profile

Lowe’s Companies, Inc. is a home improvement retailer serving homeowners, do-it-yourself customers and professional contractors. The company sells products for construction, maintenance, repair and renovation through its retail stores and online channels. Its offerings include appliances, tools, hardware, lumber and building materials, paint, plumbing and electrical supplies, and products for lawn and garden. Lowe’s also provides services such as installation and other project support. Founded in 1921 in North Wilkesboro, North Carolina, Lowe’s has grown into a major retailer operating across the United States.