Lowe’s Companies (NYSE:LOW) Stock Moved Down to “Sell” by Stifel Nicolaus

Stifel Nicolaus cut shares of Lowe’s Companies (NYSE:LOW) from a hold rating to a sell rating in a research report report published on Friday, Marketbeat reports. They currently have $190.00 price target on the home improvement retailer’s stock, down from their previous price target of $195.00.

A number of other brokerages have also issued reports on LOW. Evercore set a $190.00 price target on shares of Lowe’s Companies in a research note on Tuesday, October 6th. Morgan Stanley reaffirmed an “overweight” rating on shares of Lowe’s Companies in a report on Thursday, August 20th. Melius Research set a $244.00 target price on Lowe’s Companies in a research report on Tuesday, October 6th. Royal Bank Of Canada restated a “sector perform” rating and issued a $231.00 target price on shares of Lowe’s Companies in a research report on Thursday, August 20th. Finally, UBS Group lowered their target price on shares of Lowe’s Companies from $285.00 to $275.00 and set a “buy” rating on the stock in a research note on Thursday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, Lowe’s Companies currently has a consensus rating of “Moderate Buy” and an average price target of $254.58.

Lowe’s Companies Stock Performance

NYSE:LOW opened at $227.72 on Friday. Lowe’s Companies has a fifty-two week low of $178.45 and a fifty-two week high of $293.06. The stock has a market capitalization of $127.77 billion, a P/E ratio of 18.24, a P/E/G ratio of 1.95 and a beta of 0.81. The company’s 50-day simple moving average is $199.90 and its 200-day simple moving average is $223.99.

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

Lowe’s Companies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 4th. Shareholders of record on Wednesday, October 21st were paid a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date was Wednesday, October 21st. Lowe’s Companies’s dividend payout ratio is 42.27%.

Hedge Funds Weigh In On Lowe’s Companies

Several institutional investors have recently bought and sold shares of the company. Amundi grew its stake in shares of Lowe’s Companies by 57.3% in the second quarter. Amundi now owns 2,892,868 shares of the home improvement retailer’s stock valued at $637,848,000 after buying an additional 1,053,237 shares in the last quarter. State Street Corp lifted its position in Lowe’s Companies by 3.6% during the 2nd quarter. State Street Corp now owns 25,329,373 shares of the home improvement retailer’s stock worth $5,584,873,000 after acquiring an additional 880,815 shares in the last quarter. BlackRock Inc. lifted its position in Lowe’s Companies by 1.8% during the 2nd quarter. BlackRock Inc. now owns 40,545,728 shares of the home improvement retailer’s stock worth $8,939,928,000 after acquiring an additional 714,092 shares in the last quarter. Cullen Capital Management LLC acquired a new position in Lowe’s Companies during the 2nd quarter worth approximately $139,207,000. Finally, Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in Lowe’s Companies by 142.4% in the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,033,232 shares of the home improvement retailer’s stock worth $244,132,000 after acquiring an additional 607,046 shares during the period. 74.06% of the stock is owned by institutional investors and hedge funds.

More Lowe’s Companies News

Investors following LOW have been watching these news items:

• Positive Sentiment: Lowe’s declared a quarterly cash dividend of $1.25 per share, payable Feb. 3, 2027, to shareholders of record Jan. 20. The payout supports the stock’s appeal to income-focused investors. Lowe’s declares cash dividend
• Neutral Sentiment: Lowe’s is partnering with Bilt to connect its merchandise, rewards and home services to Bilt’s 8 million-member platform. The partnership could broaden customer reach, though its sales impact is not yet clear. Lowe’s and Bilt partnership
• Negative Sentiment: Stifel cut Lowe’s to Sell from Hold and lowered its price target to $190 from $195 ahead of earnings. The firm cited weaker DIY demand, margin pressure and the costs of investments to expand Lowe’s contractor business as it competes with Home Depot. Stifel downgrades Lowe’s

Lowe’s Companies Company Profile

Lowe’s Companies, Inc. is a home improvement retailer serving homeowners, do-it-yourself customers and professional contractors. The company sells products for construction, maintenance, repair and renovation through its retail stores and online channels. Its offerings include appliances, tools, hardware, lumber and building materials, paint, plumbing and electrical supplies, and products for lawn and garden. Lowe’s also provides services such as installation and other project support. Founded in 1921 in North Wilkesboro, North Carolina, Lowe’s has grown into a major retailer operating across the United States.