Lowe’s Companies’ (LOW) Outperform Rating Reiterated at Telsey Advisory Group

Telsey Advisory Group reaffirmed their outperform rating on shares of Lowe’s Companies (NYSE:LOW) in a research note published on Wednesday,Benzinga reports. The firm currently has a $305.00 price target on the home improvement retailer’s stock. Telsey Advisory Group also issued estimates for Lowe’s Companies’ Q1 2026 earnings at $2.87 EPS, Q2 2026 earnings at $4.38 EPS, Q3 2026 earnings at $3.10 EPS, Q4 2026 earnings at $2.04 EPS, FY2026 earnings at $12.39 EPS and FY2027 earnings at $13.63 EPS.

A number of other research firms have also recently commented on LOW. Barclays upped their price target on Lowe’s Companies from $229.00 to $245.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 20th. Guggenheim reiterated a “buy” rating and issued a $300.00 price objective on shares of Lowe’s Companies in a research note on Thursday, December 12th. Evercore ISI increased their price objective on Lowe’s Companies from $270.00 to $290.00 and gave the company an “in-line” rating in a research note on Thursday, December 12th. StockNews.com upgraded Lowe’s Companies from a “hold” rating to a “buy” rating in a research note on Friday, January 17th. Finally, Truist Financial increased their price objective on Lowe’s Companies from $307.00 to $308.00 and gave the company a “buy” rating in a research note on Tuesday, February 11th. Ten equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to MarketBeat.com, Lowe’s Companies has a consensus rating of “Moderate Buy” and a consensus target price of $280.83.

Lowe’s Companies Stock Up 1.3 %

NYSE:LOW opened at $248.71 on Wednesday. The stock’s fifty day moving average is $252.52 and its two-hundred day moving average is $258.89. Lowe’s Companies has a 52 week low of $211.80 and a 52 week high of $287.01. The stock has a market capitalization of $140.43 billion, a price-to-earnings ratio of 20.74, a price-to-earnings-growth ratio of 1.96 and a beta of 1.11.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings results on Wednesday, February 26th. The home improvement retailer reported $1.93 EPS for the quarter, topping analysts’ consensus estimates of $1.83 by $0.10. Lowe’s Companies had a negative return on equity of 47.55% and a net margin of 8.19%. The company had revenue of $18.55 billion for the quarter, compared to analysts’ expectations of $18.29 billion. On average, sell-side analysts expect that Lowe’s Companies will post 11.9 EPS for the current fiscal year.

Hedge Funds Weigh In On Lowe’s Companies

Hedge funds have recently made changes to their positions in the company. Legacy Investment Solutions LLC purchased a new position in shares of Lowe’s Companies during the third quarter worth about $27,000. IFS Advisors LLC purchased a new position in shares of Lowe’s Companies during the fourth quarter worth about $25,000. Marshall Investment Management LLC purchased a new position in shares of Lowe’s Companies during the fourth quarter worth about $31,000. JNBA Financial Advisors grew its holdings in shares of Lowe’s Companies by 555.6% during the third quarter. JNBA Financial Advisors now owns 118 shares of the home improvement retailer’s stock worth $32,000 after purchasing an additional 100 shares during the last quarter. Finally, Winch Advisory Services LLC grew its holdings in shares of Lowe’s Companies by 56.4% during the fourth quarter. Winch Advisory Services LLC now owns 122 shares of the home improvement retailer’s stock worth $30,000 after purchasing an additional 44 shares during the last quarter. Hedge funds and other institutional investors own 74.06% of the company’s stock.

Lowe’s Companies Company Profile

Lowe’s Companies, Inc, together with its subsidiaries, operates as a home improvement retailer in the United States. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It also provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, and electrical.