Lowe’s Companies (NYSE:LOW) Sets New 12-Month Low – Should You Sell?

Lowe’s Companies, Inc. (NYSE:LOW) hit a new 52-week low during trading on Monday. The stock traded as low as $178.45 and last traded at $179.1190, with a volume of 341334 shares trading hands. The stock had previously closed at $180.80.

Key Stories Impacting Lowe’s Companies

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

• Positive Sentiment: Sell-side brokerages rate Lowe’s “Moderate Buy,” suggesting analysts see potential upside following the stock’s recent weakness. Lowe’s Companies Stock Rated Moderate Buy by Sell-Side Brokerages
• Positive Sentiment: The stock trades at roughly 15 times earnings, well below the S&P 500’s approximately 21.5 times multiple. Investors may view that discount as an attractive entry point for a major home-improvement retailer, helping support the recent rebound. Is Lowe’s Stock a Real Bargain?
• Neutral Sentiment: Lowe’s was among the stocks receiving elevated attention from Zacks users. That increased visibility may have contributed to trading interest, but the report offers no new fundamental development. Lowe’s Companies Is a Trending Stock
• Neutral Sentiment: Market-performance coverage highlighted Lowe’s recent outperformance during the latest session, but provided no specific catalyst beyond market activity and investor interest. Lowe’s Surpasses Market Returns
• Negative Sentiment: The stock recently reached a new 52-week low, underscoring continuing concerns about weak growth, housing-market sensitivity and reduced investor confidence. Lowe’s Hits New 52-Week Low
• Negative Sentiment: The valuation case remains uncertain: Lowe’s may be a bargain, but the discount could reflect expectations that the business has stopped growing. Its latest reported revenue missed estimates despite year-over-year growth. Lowe’s Valuation Analysis

Analysts Set New Price Targets

Several equities research analysts recently issued reports on LOW shares. Truist Financial cut their target price on shares of 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. UBS Group reduced their target price on shares of Lowe’s Companies from $285.00 to $275.00 and set a “buy” rating for the company in a research report on Thursday, August 20th. Mizuho decreased their price target on shares of Lowe’s Companies from $280.00 to $250.00 and set an “outperform” rating on the stock in a research note on Thursday, August 20th. Weiss Ratings lowered shares of Lowe’s Companies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, August 17th. Finally, DA Davidson reiterated a “neutral” rating and issued a $245.00 price objective on shares of Lowe’s Companies in a research note on Wednesday, August 19th. Twenty-two analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Lowe’s Companies presently has a consensus rating of “Moderate Buy” and an average target price of $254.29.

Lowe’s Companies Price Performance

The company’s 50-day moving average is $203.72 and its two-hundred day moving average is $217.14. The firm has a market cap of $103.12 billion, a P/E ratio of 15.54, a PEG ratio of 1.50 and a beta of 0.89.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings data 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 firm had revenue of $25.96 billion for the quarter, compared to the consensus estimate of $26.13 billion. Lowe’s Companies had a net margin of 7.34% and a negative return on equity of 75.67%. The business’s revenue for the quarter was up 8.3% on a year-over-year basis. During the same period in the prior year, the company posted $4.33 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. On average, analysts expect that Lowe’s Companies, Inc. will post 12.26 EPS for the current fiscal year.

Lowe’s Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 4th. Investors of record on Wednesday, October 21st will be paid a $1.25 dividend. The ex-dividend date of this dividend is Wednesday, October 21st. This represents a $5.00 annualized dividend and a yield of 2.7%. Lowe’s Companies’s dividend payout ratio (DPR) is 42.27%.

Hedge Funds Weigh In On Lowe’s Companies

A number of institutional investors have recently added to or reduced their stakes in the stock. Moody National Bank Trust Division lifted its stake in Lowe’s Companies by 39.2% in the 3rd quarter. Moody National Bank Trust Division now owns 9,127 shares of the home improvement retailer’s stock valued at $1,682,000 after purchasing an additional 2,568 shares during the last quarter. Ridgewood Investments LLC boosted its position in Lowe’s Companies by 19.7% in the third quarter. Ridgewood Investments LLC now owns 8,794 shares of the home improvement retailer’s stock valued at $1,621,000 after buying an additional 1,449 shares in the last quarter. Horizons Wealth Management bought a new stake in shares of Lowe’s Companies during the third quarter worth $75,000. Baker Tilly Wealth Management LLC grew its stake in shares of Lowe’s Companies by 13.6% during the third quarter. Baker Tilly Wealth Management LLC now owns 2,459 shares of the home improvement retailer’s stock worth $453,000 after buying an additional 295 shares during the last quarter. Finally, Eastover Investment Advisors LLC increased its holdings in shares of Lowe’s Companies by 2.1% during the third quarter. Eastover Investment Advisors LLC now owns 32,120 shares of the home improvement retailer’s stock worth $5,919,000 after buying an additional 665 shares in the last quarter. 74.06% of the stock is currently owned by institutional investors and hedge funds.

Lowe’s Companies Company Profile

Lowe’s Companies, Inc is a home improvement retailer serving homeowners, renters, and professional contractors primarily in the United States. The company operates through a network of retail stores and digital channels, offering products and services for home repair, maintenance, remodeling, construction, and outdoor living.

Its merchandise includes appliances, tools, hardware, lumber, building materials, plumbing and electrical supplies, paint, flooring, kitchen and bath products, lighting, home décor, lawn and garden equipment, and seasonal goods.