Lowe’s Companies, Inc. $LOW Shares Bought by National Pension Service

National Pension Service raised its position in Lowe’s Companies, Inc. (NYSE:LOW) by 1.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,306,381 shares of the home improvement retailer’s stock after purchasing an additional 19,599 shares during the quarter. National Pension Service owned about 0.23% of Lowe’s Companies worth $315,047,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. acquired a new position in Lowe’s Companies in the 4th quarter valued at about $245,000. Linscomb Wealth Inc. boosted its holdings in Lowe’s Companies by 3.5% in the 4th quarter. Linscomb Wealth Inc. now owns 20,580 shares of the home improvement retailer’s stock valued at $4,963,000 after purchasing an additional 687 shares during the last quarter. Rothschild Investment LLC boosted its holdings in Lowe’s Companies by 3.9% in the 4th quarter. Rothschild Investment LLC now owns 2,091 shares of the home improvement retailer’s stock valued at $504,000 after purchasing an additional 79 shares during the last quarter. SBI Okasan Asset Management Co.Ltd. acquired a new position in Lowe’s Companies in the 4th quarter valued at about $1,170,000. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in Lowe’s Companies by 8.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 67,423 shares of the home improvement retailer’s stock valued at $16,260,000 after purchasing an additional 5,371 shares during the last quarter. 74.06% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have weighed in on LOW. JPMorgan Chase & Co. decreased their target price on shares of Lowe’s Companies from $325.00 to $279.00 and set an “overweight” rating on the stock in a report on Thursday, May 21st. Guggenheim boosted their price target on shares of Lowe’s Companies from $280.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, February 26th. Raymond James Financial downgraded shares of Lowe’s Companies from a “market perform” rating to a “market perform” rating in a research note on Tuesday, May 12th. Stifel Nicolaus reduced their price target on shares of Lowe’s Companies from $270.00 to $220.00 and set a “hold” rating on the stock in a research note on Monday, May 18th. Finally, Argus boosted their price target on shares of Lowe’s Companies from $286.00 to $288.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Lowe’s Companies has a consensus rating of “Moderate Buy” and an average target price of $264.57.

Lowe’s Companies Stock Performance

Lowe’s Companies stock opened at $217.80 on Friday. The company’s 50 day simple moving average is $232.82 and its 200-day simple moving average is $247.59. The company has a market capitalization of $121.98 billion, a price-to-earnings ratio of 18.41, a price-to-earnings-growth ratio of 4.70 and a beta of 0.91. Lowe’s Companies, Inc. has a 1 year low of $208.00 and a 1 year high of $293.06.

Lowe’s Companies (NYSE:LOW) last announced its earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share for the quarter, topping the consensus estimate of $2.97 by $0.06. Lowe’s Companies had a net margin of 7.51% and a negative return on equity of 67.96%. The firm had revenue of $23.08 billion for the quarter, compared to the consensus estimate of $22.98 billion. During the same period in the prior year, the firm earned $2.92 EPS. The firm’s revenue for the quarter was up 10.3% on a year-over-year basis. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. Equities analysts expect that Lowe’s Companies, Inc. will post 12.5 earnings per share for the current year.

Lowe’s Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 6th. Investors of record on Wednesday, April 22nd were paid a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Wednesday, April 22nd. Lowe’s Companies’s dividend payout ratio is presently 40.57%.

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.