Lowe’s Companies, Inc. $LOW Shares Sold by Swiss National Bank

Swiss National Bank lessened its stake in Lowe’s Companies, Inc. (NYSE:LOW) by 4.7% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,615,500 shares of the home improvement retailer’s stock after selling 78,900 shares during the period. Swiss National Bank’s holdings in Lowe’s Companies were worth $405,991,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in LOW. Howard Hughes Medical Institute acquired a new position in shares of Lowe’s Companies in the second quarter valued at approximately $27,000. Activest Wealth Management grew its position in Lowe’s Companies by 78.5% in the 3rd quarter. Activest Wealth Management now owns 116 shares of the home improvement retailer’s stock valued at $29,000 after buying an additional 51 shares during the last quarter. Traub Capital Management LLC purchased a new position in Lowe’s Companies in the 2nd quarter valued at $30,000. Vermillion & White Wealth Management Group LLC increased its stake in Lowe’s Companies by 128.8% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 135 shares of the home improvement retailer’s stock valued at $30,000 after buying an additional 76 shares during the period. Finally, Guerra Advisors Inc purchased a new position in Lowe’s Companies during the 3rd quarter worth $35,000. 74.06% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO Marvin R. Ellison sold 18,000 shares of the firm’s stock in a transaction on Friday, January 9th. The stock was sold at an average price of $261.17, for a total value of $4,701,060.00. Following the completion of the transaction, the chief executive officer owned 231,043 shares in the company, valued at $60,341,500.31. This trade represents a 7.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.27% of the company’s stock.

Analyst Upgrades and Downgrades

LOW has been the subject of several recent analyst reports. Truist Financial reduced their target price on shares of Lowe’s Companies from $295.00 to $293.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. Wells Fargo & Company increased their price target on shares of Lowe’s Companies from $280.00 to $290.00 and gave the stock an “overweight” rating in a report on Thursday, February 26th. Wolfe Research reduced their price objective on shares of Lowe’s Companies from $285.00 to $284.00 and set an “outperform” rating for the company in a research report on Wednesday, February 4th. Gordon Haskett dropped their target price on Lowe’s Companies from $325.00 to $300.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. Finally, UBS Group cut their target price on Lowe’s Companies from $316.00 to $315.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. Twenty-one analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $291.00.

Lowe’s Companies Trading Down 1.1%

LOW stock opened at $251.89 on Monday. The firm has a 50 day moving average of $268.21 and a 200-day moving average of $254.60. The company has a market cap of $141.30 billion, a price-to-earnings ratio of 21.26, a PEG ratio of 5.47 and a beta of 0.98. Lowe’s Companies, Inc. has a 12-month low of $206.38 and a 12-month high of $293.06.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings results on Wednesday, February 25th. The home improvement retailer reported $1.98 earnings per share for the quarter, topping analysts’ consensus estimates of $1.94 by $0.04. The business had revenue of $20.58 billion for the quarter, compared to analysts’ expectations of $20.34 billion. Lowe’s Companies had a negative return on equity of 61.40% and a net margin of 7.71%.The company’s revenue was up 10.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.93 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. Sell-side analysts forecast that Lowe’s Companies, Inc. will post 11.9 earnings per share for the current fiscal year.

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.