Lowe’s Companies (NYSE:LOW) Price Target Lowered to $300.00 at Gordon Haskett

Lowe’s Companies (NYSE:LOWGet Free Report) had its price objective decreased by stock analysts at Gordon Haskett from $325.00 to $300.00 in a research report issued on Thursday,MarketScreener reports. The firm presently has a “buy” rating on the home improvement retailer’s stock. Gordon Haskett’s price target suggests a potential upside of 13.96% from the company’s current price.

Several other brokerages have also recently issued reports on LOW. Jefferies Financial Group reiterated a “buy” rating and set a $305.00 price target on shares of Lowe’s Companies in a research report on Wednesday. Telsey Advisory Group raised their price objective on shares of Lowe’s Companies from $285.00 to $295.00 and gave the company an “outperform” rating in a research report on Thursday. HSBC lowered their price objective on shares of Lowe’s Companies from $285.00 to $263.00 and set a “hold” rating on the stock in a research note on Friday, November 21st. Mizuho cut their target price on shares of Lowe’s Companies from $285.00 to $272.00 and set an “outperform” rating for the company in a research note on Thursday, November 20th. Finally, Sanford C. Bernstein lifted their price target on shares of Lowe’s Companies from $284.00 to $313.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 18th. Twenty-one analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $290.32.

Read Our Latest Research Report on Lowe’s Companies

Lowe’s Companies Trading Up 0.1%

LOW traded up $0.23 on Thursday, hitting $263.25. 222,033 shares of the company’s stock were exchanged, compared to its average volume of 2,861,188. The stock has a fifty day moving average of $266.08 and a two-hundred day moving average of $254.23. Lowe’s Companies has a twelve month low of $206.38 and a twelve month high of $293.06. The firm has a market cap of $147.67 billion, a PE ratio of 21.85, a P/E/G ratio of 4.34 and a beta of 0.97.

Lowe’s Companies (NYSE:LOWGet Free Report) last released its quarterly earnings results on Wednesday, February 25th. The home improvement retailer reported $1.98 EPS for the quarter, topping the consensus estimate of $1.94 by $0.04. Lowe’s Companies had a net margin of 8.05% and a negative return on equity of 55.86%. The business had revenue of $20.58 billion during the quarter, compared to analyst estimates of $20.34 billion. During the same quarter in the prior year, the firm earned $1.93 earnings per share. The company’s quarterly revenue was up 10.9% on a year-over-year basis. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. On average, analysts predict that Lowe’s Companies will post 11.9 EPS for the current year.

Insider Buying and Selling at Lowe’s Companies

In other Lowe’s Companies news, CEO Marvin R. Ellison sold 18,000 shares of the firm’s stock in a transaction that occurred on Friday, January 9th. The stock was sold at an average price of $261.17, for a total value of $4,701,060.00. Following the completion of the sale, the chief executive officer owned 231,043 shares in the company, valued at approximately $60,341,500.31. This trade represents a 7.23% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.27% of the company’s stock.

Institutional Trading of Lowe’s Companies

Several institutional investors have recently made changes to their positions in the business. Tempo Wealth LLC bought a new stake in shares of Lowe’s Companies during the fourth quarter worth $2,885,000. Mariner Investment Group LLC bought a new position in shares of Lowe’s Companies in the fourth quarter valued at about $24,357,000. MidFirst Bank acquired a new position in Lowe’s Companies during the 4th quarter worth about $689,000. DGS Capital Management LLC increased its position in Lowe’s Companies by 12.1% in the 4th quarter. DGS Capital Management LLC now owns 1,175 shares of the home improvement retailer’s stock valued at $283,000 after acquiring an additional 127 shares in the last quarter. Finally, Astoria Portfolio Advisors LLC. raised its stake in shares of Lowe’s Companies by 3.8% in the fourth quarter. Astoria Portfolio Advisors LLC. now owns 4,990 shares of the home improvement retailer’s stock worth $1,203,000 after acquiring an additional 183 shares during the last quarter. 74.06% of the stock is currently owned by institutional investors and hedge funds.

Lowe’s Companies News Summary

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

About Lowe’s Companies

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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.

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