Lowe’s Companies, Inc. $LOW Shares Acquired by Fulcrum Asset Management LLP

Fulcrum Asset Management LLP boosted its stake in Lowe’s Companies, Inc. (NYSE:LOW) by 31.6% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,860 shares of the home improvement retailer’s stock after buying an additional 2,850 shares during the period. Fulcrum Asset Management LLP’s holdings in Lowe’s Companies were worth $2,605,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Providence Wealth Advisors LLC boosted its holdings in shares of Lowe’s Companies by 0.5% in the fourth quarter. Providence Wealth Advisors LLC now owns 7,969 shares of the home improvement retailer’s stock valued at $1,959,000 after acquiring an additional 36 shares in the last quarter. First Command Advisory Services Inc. increased its stake in shares of Lowe’s Companies by 1.3% during the fourth quarter. First Command Advisory Services Inc. now owns 2,947 shares of the home improvement retailer’s stock valued at $711,000 after acquiring an additional 38 shares during the period. Smithbridge Asset Management Inc. DE raised its holdings in Lowe’s Companies by 1.1% during the fourth quarter. Smithbridge Asset Management Inc. DE now owns 3,723 shares of the home improvement retailer’s stock worth $898,000 after purchasing an additional 39 shares in the last quarter. Sumitomo Life Insurance Co. lifted its position in Lowe’s Companies by 0.6% in the fourth quarter. Sumitomo Life Insurance Co. now owns 6,140 shares of the home improvement retailer’s stock worth $1,481,000 after purchasing an additional 39 shares during the period. Finally, S&CO Inc. lifted its position in Lowe’s Companies by 0.6% in the fourth quarter. S&CO Inc. now owns 6,403 shares of the home improvement retailer’s stock worth $1,544,000 after purchasing an additional 40 shares during the period. Institutional investors and hedge funds own 74.06% of the company’s stock.

Insider Activity at Lowe’s Companies

In other Lowe’s Companies news, EVP Janice Dupre sold 14,150 shares of the business’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $221.90, for a total transaction of $3,139,885.00. Following the sale, the executive vice president owned 39,785 shares in the company, valued at approximately $8,828,291.50. The trade was a 26.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Juliette Williams Pryor sold 9,330 shares of the company’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $224.81, for a total transaction of $2,097,477.30. Following the sale, the executive vice president directly owned 16,142 shares of the company’s stock, valued at $3,628,883.02. This represents a 36.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 25,980 shares of company stock worth $5,796,937 in the last quarter. 0.29% of the stock is owned by company insiders.

Lowe’s Companies Stock Performance

Shares of NYSE:LOW opened at $208.20 on Friday. The company has a market capitalization of $116.74 billion, a PE ratio of 17.60, a price-to-earnings-growth ratio of 2.75 and a beta of 0.86. The stock has a fifty day moving average of $215.10 and a 200-day moving average of $230.79. Lowe’s Companies, Inc. has a one year low of $199.40 and a one year high of $293.06.

Lowe’s Companies (NYSE:LOW) last issued its earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.22 by $0.18. The business had revenue of $25.96 billion for the quarter, compared to analysts’ expectations of $26.13 billion. Lowe’s Companies had a negative return on equity of 75.67% and a net margin of 7.34%.The company’s quarterly revenue was up 8.3% on a year-over-year basis. During the same period in the previous year, the firm posted $4.33 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. As a group, research analysts forecast that Lowe’s Companies, Inc. will post 12.26 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on LOW shares. Wells Fargo & Company lowered their price target on Lowe’s Companies from $255.00 to $245.00 and set an “overweight” rating on the stock in a research report on Tuesday, August 11th. Truist Financial decreased their target price on Lowe’s Companies from $255.00 to $254.00 and set a “buy” rating for the company in a research note on Thursday, August 20th. BTIG Research lowered Lowe’s Companies to a “reduce” rating in a report on Tuesday, May 12th. Sanford C. Bernstein dropped their price target on shares of Lowe’s Companies from $303.00 to $281.00 and set an “outperform” rating on the stock in a research report on Thursday, May 14th. Finally, Evercore cut their price target on shares of Lowe’s Companies from $250.00 to $230.00 in a report on Thursday, May 21st. Twenty-three equities 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 data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $258.53.

Lowe’s Companies 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.