Lowe’s Companies, Inc. $LOW Stock Position Raised by ZWJ Investment Counsel Inc.

ZWJ Investment Counsel Inc. increased its position in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 60.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,072 shares of the home improvement retailer’s stock after purchasing an additional 2,674 shares during the quarter. ZWJ Investment Counsel Inc.’s holdings in Lowe’s Companies were worth $1,303,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in LOW. Nykredit A S acquired a new position in shares of Lowe’s Companies during the 2nd quarter valued at about $42,217,000. Kathmere Capital Management LLC increased its position in Lowe’s Companies by 133.9% during the first quarter. Kathmere Capital Management LLC now owns 9,402 shares of the home improvement retailer’s stock worth $2,222,000 after purchasing an additional 5,383 shares during the last quarter. Econ Financial Services Corp increased its position in Lowe’s Companies by 26.2% during the first quarter. Econ Financial Services Corp now owns 19,974 shares of the home improvement retailer’s stock worth $4,719,000 after purchasing an additional 4,147 shares during the last quarter. Glenview Trust Co increased its position in Lowe’s Companies by 4.9% during the second quarter. Glenview Trust Co now owns 230,389 shares of the home improvement retailer’s stock worth $50,798,000 after purchasing an additional 10,735 shares during the last quarter. Finally, Silverleafe Capital Partners LLC acquired a new stake in Lowe’s Companies during the third quarter worth about $1,318,000. 74.06% of the stock is owned by institutional investors and hedge funds.

Lowe’s Companies Stock Down 0.2%

LOW opened at $188.36 on Thursday. Lowe’s Companies, Inc. has a 52 week low of $178.45 and a 52 week high of $293.06. The business has a fifty day simple moving average of $200.41 and a 200-day simple moving average of $215.19. The firm has a market cap of $105.68 billion, a P/E ratio of 15.92, a P/E/G ratio of 1.58 and a beta of 0.89.

Lowe’s Companies (NYSE:LOW) last posted its quarterly earnings data on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share (EPS) for the quarter, beating the consensus estimate 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 negative return on equity of 75.67% and a net margin of 7.34%. The company’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $4.33 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. Sell-side analysts expect that Lowe’s Companies, Inc. will post 12.26 earnings per share for the current year.

Lowe’s Companies Announces Dividend

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

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Melius Research set a $244.00 price target on shares of Lowe’s Companies in a research note on Tuesday, October 6th. Gordon Haskett lowered shares of Lowe’s Companies from a “buy” rating to a “hold” rating and set a $200.00 price target on the stock. in a research report on Thursday, September 24th. Piper Sandler decreased their price objective on Lowe’s Companies from $276.00 to $274.00 and set an “overweight” rating on the stock in a report on Thursday, August 13th. DA Davidson reiterated a “neutral” rating and issued a $245.00 price objective on shares of Lowe’s Companies in a research report on Wednesday, August 19th. Finally, KeyCorp reissued an “overweight” rating and set a $275.00 target price on shares of Lowe’s Companies in a research note on Thursday, August 20th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Lowe’s Companies currently has a consensus rating of “Moderate Buy” and an average price target of $254.29.

Key Stories Impacting Lowe’s Companies

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

• Positive Sentiment: Lowe’s dividend remains a key attraction. The company has roughly doubled its quarterly payout since 2021, supported by a resilient store network, strong customer relationships and growing exposure to professional contractors. Lowe’s Dividend Sustainability Looks Solid, but Returns Face a Test
• Positive Sentiment: The retailer is investing approximately $542 million in digital and fulfillment capabilities and using its Mylow artificial-intelligence assistant, e-commerce upgrades and extended holiday promotions to improve customer engagement and support sales growth. Lowe’s AI-Driven Holiday Push and E-Commerce Spend Might Change The Case For Investing In Lowe’s Companies (LOW)
• Positive Sentiment: Traeger’s planned Lowe’s rollout in 2027 could provide an additional merchandise and vendor opportunity, although the financial impact is still prospective. Traeger: Waiting For The Lowe’s Rollout In 2027

Lowe’s Companies 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.