Lombard Odier Asset Management Switzerland SA Decreases Stake in Lowe’s Companies, Inc. $LOW

Lombard Odier Asset Management Switzerland SA reduced its position in Lowe’s Companies, Inc. (NYSE:LOW) by 11.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,034 shares of the home improvement retailer’s stock after selling 3,374 shares during the period. Lombard Odier Asset Management Switzerland SA’s holdings in Lowe’s Companies were worth $6,037,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Swiss RE Ltd. bought a new stake in Lowe’s Companies during the fourth quarter worth approximately $25,000. Wilkerson Advisory Group LLC bought a new stake in Lowe’s Companies during the fourth quarter worth approximately $27,000. United Financial Planning Group LLC bought a new stake in Lowe’s Companies during the third quarter worth approximately $31,000. OLD Second National Bank of Aurora increased its stake in 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 worth $29,000 after acquiring an additional 42 shares during the last quarter. Finally, Triumph Capital Management bought a new stake in Lowe’s Companies during the third quarter worth approximately $34,000. 74.06% of the stock is currently owned by hedge funds and other institutional investors.

Lowe’s Companies Price Performance

Lowe’s Companies stock opened at $223.88 on Wednesday. Lowe’s Companies, Inc. has a 1-year low of $203.40 and a 1-year high of $293.06. The business has a fifty day moving average price of $228.01 and a 200-day moving average price of $246.01. The stock has a market capitalization of $125.53 billion, a price-to-earnings ratio of 18.92, a PEG ratio of 2.78 and a beta of 0.86.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 EPS for the quarter, beating analysts’ consensus estimates of $2.97 by $0.06. Lowe’s Companies had a negative return on equity of 67.96% and a net margin of 7.51%.The company had revenue of $23.08 billion during the quarter, compared to analysts’ expectations of $22.98 billion. During the same period last year, the business posted $2.92 earnings per share. The firm’s revenue was up 10.3% compared to the same quarter last year. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. On average, 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 business also recently declared a quarterly dividend, which will be paid on Wednesday, August 5th. Shareholders of record on Wednesday, July 22nd will be paid a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Wednesday, July 22nd. This is a positive change from Lowe’s Companies’s previous quarterly dividend of $1.20. Lowe’s Companies’s dividend payout ratio (DPR) is currently 40.57%.

Analyst Ratings Changes

Several equities research analysts have weighed in on LOW shares. Jefferies Financial Group reduced their price objective on Lowe’s Companies from $305.00 to $278.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. Wolfe Research set a $254.00 price objective on Lowe’s Companies in a research note on Thursday, May 21st. Benchmark started coverage on Lowe’s Companies in a research note on Tuesday, May 12th. They set a “hold” rating on the stock. Raymond James Financial cut Lowe’s Companies from a “market perform” rating to a “market perform” rating in a research note on Tuesday, May 12th. Finally, Craig Hallum raised Lowe’s Companies to a “buy” rating in a research note on Tuesday, May 12th. Twenty-three analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $264.57.

Lowe’s Companies Company Profile

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.