Comerica Bank Sells 6,418 Shares of Lowe’s Companies, Inc. $LOW

Comerica Bank decreased its position in Lowe’s Companies, Inc. (NYSE:LOW) by 3.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 181,852 shares of the home improvement retailer’s stock after selling 6,418 shares during the period. Comerica Bank’s holdings in Lowe’s Companies were worth $45,701,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Howard Hughes Medical Institute bought a new stake in shares of Lowe’s Companies in the second quarter worth about $27,000. Activest Wealth Management raised its position in Lowe’s Companies by 78.5% during the 3rd quarter. Activest Wealth Management now owns 116 shares of the home improvement retailer’s stock valued at $29,000 after purchasing an additional 51 shares during the last quarter. Traub Capital Management LLC bought a new position in Lowe’s Companies during the 2nd quarter valued at approximately $30,000. Vermillion & White Wealth Management Group LLC lifted its holdings 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 worth $30,000 after buying an additional 76 shares during the period. Finally, United Financial Planning Group LLC purchased a new stake in Lowe’s Companies in the 3rd quarter worth approximately $31,000. 74.06% of the stock is owned by hedge funds and other institutional investors.

Lowe’s Companies Price Performance

Shares of NYSE LOW opened at $237.67 on Friday. Lowe’s Companies, Inc. has a 1 year low of $206.38 and a 1 year high of $293.06. The firm has a 50-day moving average of $268.39 and a 200 day moving average of $254.17. The stock has a market cap of $133.32 billion, a P/E ratio of 20.06, a price-to-earnings-growth ratio of 5.20 and a beta of 0.98.

Lowe’s Companies (NYSE:LOW) last announced its earnings results 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. Lowe’s Companies had a net margin of 7.71% and a negative return on equity of 61.40%. The business had revenue of $20.58 billion during the quarter, compared to the consensus estimate of $20.34 billion. During the same quarter last year, the firm earned $1.93 earnings per share. The business’s revenue for the quarter was up 10.9% on a year-over-year basis. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. Research analysts expect that Lowe’s Companies, Inc. will post 11.9 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

LOW has been the subject of a number of recent analyst reports. HSBC decreased their target price on Lowe’s Companies from $285.00 to $263.00 and set a “hold” rating for the company in a report on Friday, November 21st. TD Cowen reduced their price objective on shares of Lowe’s Companies from $295.00 to $280.00 and set a “hold” rating on the stock in a research report on Thursday, February 26th. Rothschild & Co Redburn upped their price objective on shares of Lowe’s Companies from $280.00 to $290.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Lowe’s Companies in a research report on Monday, December 29th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $305.00 target price on shares of Lowe’s Companies in a research report on Wednesday, February 25th. Twenty-one analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $289.76.

Insider Transactions at Lowe’s Companies

In other Lowe’s Companies news, CEO Marvin R. Ellison sold 18,000 shares of the business’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 sale, the chief executive officer directly owned 231,043 shares of the company’s stock, valued at approximately $60,341,500.31. The trade was a 7.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.27% of the company’s stock.

More Lowe’s Companies News

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

• Positive Sentiment: Zacks Research raised select longer-term forecasts—notably lifting Q4 2028 and Q4 2027 quarter estimates and publishing a higher FY2029 EPS projection—supporting the view of continued multi-year earnings growth.
• Positive Sentiment: Publications/analysts continue to flag Lowe’s as a dividend/stability name (included among undervalued dividend aristocrat lists), which supports its defensive appeal to income-focused investors. KGI Securities Initiates Coverage on Lowe’s (LOW) with ‘Neutral’ Rating
• Neutral Sentiment: KGI Securities initiated coverage with a ‘Neutral’ rating—this is not a bullish endorsement and may cap near-term upside until the firm provides a price target or further updates. KGI Securities initiates coverage on Lowe’s (LOW) with ‘neutral’ rating
• Negative Sentiment: Zacks cut several near-term quarter and fiscal-year EPS estimates (multiple Q1–Q3 2027 and Q1–Q2 2028 entries, and reductions to FY2027/FY2028), which directly pressures short-term profit expectations and investor sentiment.
• Negative Sentiment: Broader market weakness after oil-price/inflation fears drove an S&P 500 selloff—these macro headwinds typically weigh on consumer and renovation spending, adding downward pressure to Lowe’s shares. The S&P 500’s 1.5% Selloff Is Driven By A Few Key Factors
• Negative Sentiment: Sector-level weakness: coverage on The Home Depot highlights a sluggish housing/renovation backdrop and notes that Lowe’s shares have pulled back alongside peers—this competitive/market environment reduces near-term demand for large renovation projects. Home Depot Stock Keeps Falling—Analysts Say the Upside Is Still There

About Lowe’s Companies

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.