Lowe’s Companies, Inc. $LOW Shares Bought by Yousif Capital Management LLC

Yousif Capital Management LLC raised its holdings in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 3.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 90,281 shares of the home improvement retailer’s stock after buying an additional 2,587 shares during the quarter. Yousif Capital Management LLC’s holdings in Lowe’s Companies were worth $16,638,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the business. Markowski Investments purchased a new stake in shares of Lowe’s Companies in the 2nd quarter valued at about $33,000. IAG Wealth Partners LLC boosted its position in shares of Lowe’s Companies by 178.6% during the 1st quarter. IAG Wealth Partners LLC now owns 156 shares of the home improvement retailer’s stock valued at $37,000 after acquiring an additional 100 shares during the last quarter. Miller Global Investments LLC bought a new stake in shares of Lowe’s Companies during the 3rd quarter valued at about $40,000. Lodestone Wealth Management LLC boosted its position in shares of Lowe’s Companies by 95.6% during the 3rd quarter. Lodestone Wealth Management LLC now owns 221 shares of the home improvement retailer’s stock valued at $41,000 after acquiring an additional 108 shares during the last quarter. Finally, Legacy Wealth Managment LLC ID grew its holdings in shares of Lowe’s Companies by 219.7% during the first quarter. Legacy Wealth Managment LLC ID now owns 195 shares of the home improvement retailer’s stock worth $46,000 after purchasing an additional 134 shares in the last quarter. 74.06% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently weighed in on LOW shares. Telsey Advisory Group decreased their price objective on shares of Lowe’s Companies from $280.00 to $260.00 and set an “outperform” rating on the stock in a research report on Thursday, August 20th. Piper Sandler dropped their target price on shares of Lowe’s Companies from $276.00 to $274.00 and set an “overweight” rating for the company in a research report on Thursday, August 13th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $231.00 target price on shares of Lowe’s Companies in a research report on Thursday, August 20th. Melius Research set a $244.00 price target on shares of Lowe’s Companies in a research note on Tuesday, October 6th. Finally, Guggenheim reissued a “buy” rating and issued a $275.00 price target on shares of Lowe’s Companies in a report on Monday, September 21st. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Lowe’s Companies presently has an average rating of “Moderate Buy” and a consensus target price of $254.29.

Lowe’s Companies Price Performance

NYSE LOW traded down $5.55 during trading hours on Friday, reaching $198.82. 2,846,451 shares of the stock traded hands, compared to its average volume of 3,305,667. The stock has a 50 day simple moving average of $197.50 and a two-hundred day simple moving average of $213.62. Lowe’s Companies, Inc. has a 1 year low of $178.45 and a 1 year high of $293.06. The company has a market cap of $111.55 billion, a price-to-earnings ratio of 16.81, a price-to-earnings-growth ratio of 1.71 and a beta of 0.89.

Lowe’s Companies (NYSE:LOW) last issued its quarterly earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share (EPS) for the quarter, topping 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 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 company posted $4.33 earnings per share. The company’s 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, sell-side analysts forecast that Lowe’s Companies, Inc. will post 12.26 EPS for the current fiscal year.

Lowe’s Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 4th. Investors of record on Wednesday, October 21st will be issued a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Wednesday, October 21st. 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 do-it-yourself customers, professional contractors and commercial customers across the United States. The company sells products for home construction, maintenance, repair, remodeling and improvement through its stores and digital platforms.

Its merchandise includes appliances, tools, hardware, lumber, building materials, electrical and plumbing supplies, paint, flooring, kitchen and bathroom products, outdoor living items, lawn and garden products, and seasonal merchandise.