Olde Wealth Management LLC Makes New Investment in Lowe’s Companies, Inc. $LOW

Olde Wealth Management LLC acquired a new stake in Lowe’s Companies, Inc. (NYSE:LOW) in the 3rd quarter, HoldingsChannel.com reports. The firm acquired 5,577 shares of the home improvement retailer’s stock, valued at approximately $1,299,000.

Other hedge funds have also recently modified their holdings of the company. von Borstel & Associates Inc. purchased a new position in shares of Lowe’s Companies in the 3rd quarter worth approximately $204,000. NorthRock Partners LLC grew its holdings in shares of Lowe’s Companies by 42.2% in the third quarter. NorthRock Partners LLC now owns 12,069 shares of the home improvement retailer’s stock valued at $3,033,000 after acquiring an additional 3,579 shares in the last quarter. Bank OZK increased its position in shares of Lowe’s Companies by 1.0% during the third quarter. Bank OZK now owns 5,006 shares of the home improvement retailer’s stock valued at $1,258,000 after acquiring an additional 50 shares during the last quarter. Prudential PLC lifted its holdings in Lowe’s Companies by 0.9% during the third quarter. Prudential PLC now owns 16,048 shares of the home improvement retailer’s stock worth $4,033,000 after acquiring an additional 141 shares during the period. Finally, Texas Capital Bancshares Inc TX bought a new stake in Lowe’s Companies during the third quarter worth $143,000. Institutional investors own 74.06% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Bank of America reduced their price objective on Lowe’s Companies from $290.00 to $280.00 and set a “buy” rating for the company in a research note on Thursday, November 20th. Stifel Nicolaus lifted their target price on Lowe’s Companies from $230.00 to $250.00 and gave the stock a “hold” rating in a research note on Monday, December 1st. Piper Sandler reissued an “overweight” rating and issued a $300.00 price target (up from $294.00) on shares of Lowe’s Companies in a report on Thursday, February 26th. Robert W. Baird increased their price target on shares of Lowe’s Companies from $290.00 to $320.00 and gave the company an “outperform” rating in a research report on Tuesday, February 17th. Finally, Evercore decreased their price objective on shares of Lowe’s Companies from $270.00 to $260.00 and set a “neutral” rating for the company in a report on Tuesday, March 3rd. Twenty-one equities research 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 stock has a consensus rating of “Moderate Buy” and an average target price of $289.76.

Lowe’s Companies Price Performance

NYSE:LOW opened at $237.67 on Friday. The company has a market capitalization of $133.32 billion, a P/E ratio of 20.06, a P/E/G ratio of 5.20 and a beta of 0.98. The business has a fifty day simple moving average of $268.39 and a two-hundred day simple moving average of $254.17. Lowe’s Companies, Inc. has a 1 year low of $206.38 and a 1 year high of $293.06.

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

Key Headlines Impacting Lowe’s Companies

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

Insider Buying and Selling

In other Lowe’s Companies news, CEO Marvin R. Ellison sold 18,000 shares of the stock in a transaction dated 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 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 document filed with the Securities & Exchange Commission, which is available through this link. 0.27% of the stock is currently owned by company insiders.

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.