Quadrant Capital Group LLC Sells 2,288 Shares of Lowe’s Companies, Inc. $LOW

Quadrant Capital Group LLC decreased its position in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 12.3% during the third quarter, according to its most recent filing with the SEC. The firm owned 16,366 shares of the home improvement retailer’s stock after selling 2,288 shares during the period. Quadrant Capital Group LLC’s holdings in Lowe’s Companies were worth $4,113,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in LOW. Activest Wealth Management raised its holdings in Lowe’s Companies by 78.5% in the third quarter. Activest Wealth Management now owns 116 shares of the home improvement retailer’s stock worth $29,000 after purchasing an additional 51 shares in the last quarter. Howard Hughes Medical Institute purchased a new position in Lowe’s Companies during the second quarter valued at $27,000. Traub Capital Management LLC bought a new stake in shares of Lowe’s Companies during the 2nd quarter valued at $30,000. Vermillion & White Wealth Management Group LLC boosted its holdings in shares of Lowe’s Companies by 128.8% during 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 in the last quarter. Finally, Guerra Advisors Inc purchased a new stake in shares of Lowe’s Companies in the 3rd quarter worth about $35,000. Institutional investors own 74.06% of the company’s stock.

Lowe’s Companies Price Performance

LOW opened at $251.05 on Wednesday. Lowe’s Companies, Inc. has a 1 year low of $206.38 and a 1 year high of $293.06. The stock has a 50-day moving average price of $268.49 and a 200-day moving average price of $254.47. The firm has a market cap of $140.83 billion, a PE ratio of 21.19, a P/E/G ratio of 5.43 and a beta of 0.98.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings data on Wednesday, February 25th. The home improvement retailer reported $1.98 earnings per share for the quarter, beating analysts’ consensus estimates of $1.94 by $0.04. The business had revenue of $20.58 billion during the quarter, compared to analyst estimates of $20.34 billion. Lowe’s Companies had a net margin of 7.71% and a negative return on equity of 61.40%. Lowe’s Companies’s revenue was up 10.9% compared to the same quarter last year. During the same period last year, the business earned $1.93 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. As a group, sell-side analysts anticipate that Lowe’s Companies, Inc. will post 11.9 EPS for the current year.

Insider Activity at Lowe’s Companies

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

Analyst Upgrades and Downgrades

LOW has been the subject of several research reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Lowe’s Companies in a research note on Monday, December 29th. Evercore dropped their price objective on shares of Lowe’s Companies from $270.00 to $260.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 3rd. Stifel Nicolaus upped their price objective on shares of Lowe’s Companies from $230.00 to $250.00 and gave the stock a “hold” rating in a report on Monday, December 1st. Sanford C. Bernstein decreased their target price on shares of Lowe’s Companies from $313.00 to $303.00 and set an “outperform” rating for the company in a research note on Thursday, February 26th. Finally, Robert W. Baird lifted their target price on shares of Lowe’s Companies from $290.00 to $320.00 and gave the company an “outperform” rating in a report on Tuesday, February 17th. Twenty-one research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $289.76.

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.