Commerzbank Aktiengesellschaft FI Acquires 2,961 Shares of Lowe’s Companies, Inc. $LOW

Commerzbank Aktiengesellschaft FI raised its holdings in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 13.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 25,792 shares of the home improvement retailer’s stock after purchasing an additional 2,961 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Lowe’s Companies were worth $5,687,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of LOW. Brighton Jones LLC boosted its position in shares of Lowe’s Companies by 119.7% during the fourth quarter. Brighton Jones LLC now owns 31,965 shares of the home improvement retailer’s stock valued at $7,889,000 after buying an additional 17,413 shares during the last quarter. Revolve Wealth Partners LLC raised its position in Lowe’s Companies by 31.6% in the 4th quarter. Revolve Wealth Partners LLC now owns 1,078 shares of the home improvement retailer’s stock worth $266,000 after buying an additional 259 shares during the last quarter. Sivia Capital Partners LLC lifted its stake in Lowe’s Companies by 22.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,534 shares of the home improvement retailer’s stock valued at $340,000 after acquiring an additional 280 shares during the period. United Bank lifted its stake in Lowe’s Companies by 1.3% during the 2nd quarter. United Bank now owns 12,124 shares of the home improvement retailer’s stock valued at $2,690,000 after acquiring an additional 155 shares during the period. Finally, Schnieders Capital Management LLC. boosted its holdings in shares of Lowe’s Companies by 13.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 2,378 shares of the home improvement retailer’s stock valued at $528,000 after acquiring an additional 275 shares during the last quarter. Institutional investors own 74.06% of the company’s stock.

Analyst Ratings Changes

LOW has been the subject of a number of research analyst reports. Oppenheimer reduced their price target on shares of Lowe’s Companies from $315.00 to $275.00 and set an “outperform” rating for the company in a research note on Monday, May 18th. Craig Hallum upgraded shares of Lowe’s Companies to a “buy” rating in a research report on Tuesday, May 12th. Raymond James Financial cut shares of Lowe’s Companies from a “market perform” rating to a “market perform” rating in a report on Tuesday, May 12th. Robert W. Baird cut their target price on shares of Lowe’s Companies from $320.00 to $270.00 and set an “outperform” rating for the company in a research report on Thursday, May 21st. Finally, Benchmark assumed coverage on shares of Lowe’s Companies in a research note on Tuesday, May 12th. They set a “hold” rating for the company. Twenty-three research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $262.63.

Lowe’s Companies Stock Down 1.3%

Lowe’s Companies stock opened at $215.67 on Tuesday. Lowe’s Companies, Inc. has a 52-week low of $199.40 and a 52-week high of $293.06. The company has a market cap of $120.93 billion, a P/E ratio of 18.23, a P/E/G ratio of 2.79 and a beta of 0.86. The business has a 50-day simple moving average of $216.15 and a two-hundred day simple moving average of $234.16.

Lowe’s Companies (NYSE:LOW) last issued its quarterly earnings data 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 analysts’ expectations of $22.98 billion. The business’s quarterly revenue was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.92 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. Research analysts anticipate that Lowe’s Companies, Inc. will post 12.43 EPS for the current fiscal year.

Lowe’s Companies Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Wednesday, July 22nd were issued a dividend of $1.25 per share. This is an increase from Lowe’s Companies’s previous quarterly dividend of $1.20. This represents a $5.00 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend was Wednesday, July 22nd. Lowe’s Companies’s dividend payout ratio is currently 42.27%.

Insiders Place Their Bets

In other news, EVP Janice Dupre sold 14,150 shares of the business’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $221.90, for a total transaction of $3,139,885.00. Following the completion of the sale, the executive vice president owned 39,785 shares of the company’s stock, valued at $8,828,291.50. The trade was a 26.24% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Juliette Williams Pryor sold 9,330 shares of the company’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $224.81, for a total value of $2,097,477.30. Following the completion of the sale, the executive vice president owned 16,142 shares of the company’s stock, valued at $3,628,883.02. This trade represents a 36.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 25,980 shares of company stock worth $5,796,937. Company insiders own 0.29% of the company’s stock.

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.