Notis McConarty Edward Purchases Shares of 6,140 Lowe’s Companies, Inc. $LOW

Notis McConarty Edward purchased a new position in Lowe’s Companies, Inc. (NYSE:LOW) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 6,140 shares of the home improvement retailer’s stock, valued at approximately $1,354,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Natixis Advisors LLC raised its holdings in shares of Lowe’s Companies by 3.5% during the fourth quarter. Natixis Advisors LLC now owns 630,956 shares of the home improvement retailer’s stock worth $152,161,000 after purchasing an additional 21,119 shares during the last quarter. Bridges Investment Management Inc. lifted its position in Lowe’s Companies by 6.1% during the fourth quarter. Bridges Investment Management Inc. now owns 446,441 shares of the home improvement retailer’s stock valued at $107,664,000 after purchasing an additional 25,609 shares during the period. Kathmere Capital Management LLC lifted its position in Lowe’s Companies by 133.9% during the first quarter. Kathmere Capital Management LLC now owns 9,402 shares of the home improvement retailer’s stock valued at $2,222,000 after purchasing an additional 5,383 shares during the period. Glenview Trust Co boosted its holdings in Lowe’s Companies by 9.0% in the fourth quarter. Glenview Trust Co now owns 207,797 shares of the home improvement retailer’s stock valued at $50,112,000 after purchasing an additional 17,225 shares during the last quarter. Finally, LPL Financial LLC boosted its holdings in Lowe’s Companies by 2.3% in the fourth quarter. LPL Financial LLC now owns 993,332 shares of the home improvement retailer’s stock valued at $239,552,000 after purchasing an additional 22,175 shares during the last quarter. 74.06% of the stock is currently owned by institutional investors and hedge funds.

Lowe’s Companies Stock Up 2.4%

LOW stock opened at $220.74 on Thursday. The company’s 50-day simple moving average is $216.21 and its 200-day simple moving average is $233.46. Lowe’s Companies, Inc. has a 52-week low of $199.40 and a 52-week high of $293.06. The firm has a market cap of $123.77 billion, a P/E ratio of 18.66, a PEG ratio of 2.76 and a beta of 0.86.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share for the quarter, beating the consensus estimate of $4.22 by $0.18. Lowe’s Companies had a negative return on equity of 67.96% and a net margin of 7.51%.The firm had revenue of $25.96 billion during the quarter, compared to analyst estimates of $26.13 billion. During the same quarter in the previous year, the business earned $4.33 EPS. Lowe’s Companies’s revenue for the quarter 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, analysts anticipate that Lowe’s Companies, Inc. will post 12.43 earnings per share for the current fiscal year.

Lowe’s Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Wednesday, July 22nd were issued a $1.25 dividend. The ex-dividend date of this dividend was Wednesday, July 22nd. This is an increase from Lowe’s Companies’s previous quarterly dividend of $1.20. This represents a $5.00 annualized dividend and a yield of 2.3%. Lowe’s Companies’s dividend payout ratio is 42.27%.

Wall Street Analysts Forecast Growth

LOW has been the subject of a number of recent research reports. The Goldman Sachs Group reduced their price objective on Lowe’s Companies from $300.00 to $293.00 and set a “buy” rating for the company in a research note on Thursday, May 21st. Raymond James Financial lowered Lowe’s Companies from a “market perform” rating to a “market perform” rating in a report on Tuesday, May 12th. Craig Hallum upgraded Lowe’s Companies to a “buy” rating in a research report on Tuesday, May 12th. Wolfe Research set a $254.00 price target on Lowe’s Companies in a research report on Thursday, May 21st. Finally, Citigroup decreased their price target on Lowe’s Companies from $285.00 to $267.00 and set a “buy” rating for the company in a report on Thursday, August 13th. Twenty-three research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $261.63.

Insider Activity

In other news, EVP Janice Dupre sold 14,150 shares of the stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $221.90, for a total transaction of $3,139,885.00. Following the transaction, the executive vice president owned 39,785 shares in the company, valued at $8,828,291.50. This trade represents a 26.24% 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. Insiders sold 25,980 shares of company stock worth $5,796,937 over the last three months. 0.29% of the stock is currently owned by corporate insiders.

Lowe’s Companies News Roundup

Here are the key news stories impacting Lowe’s Companies this week:

• Positive Sentiment: Adjusted EPS beat estimates by $0.18, and quarterly revenue still grew meaningfully year over year. Analysts characterized comparable sales as better than feared, while the stock’s roughly 2.3% dividend yield and depressed valuation may attract value-oriented investors. Lowe’s Q2 earnings beat analysis
• Positive Sentiment: DA Davidson reaffirmed its neutral rating but set a $245 price target, implying potential upside from recent trading levels. Longer term, investors continue to view Lowe’s acquisitions and its Total Home strategy as potential beneficiaries if housing activity and renovation demand recover. DA Davidson rating update
• Neutral Sentiment: Elevated mortgage rates are encouraging homeowners to maintain existing properties rather than move, but they are also discouraging large renovation projects. This supports smaller maintenance purchases while limiting higher-value DIY demand. Home improvement maintenance economy
• Negative Sentiment: Lowe’s lagged Home Depot’s stronger comparable-sales momentum, raising concerns about market-share loss and an unfavorable product mix rather than merely an industry-wide slowdown. The lower full-year outlook reinforces expectations for pressure through the second half. Lowe’s and Home Depot comparison

Lowe’s Companies 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.