Lowe’s Companies, Inc. $LOW Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC reduced its position in Lowe’s Companies, Inc. (NYSE:LOW) by 4.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 98,194 shares of the home improvement retailer’s stock after selling 4,081 shares during the quarter. Yousif Capital Management LLC’s holdings in Lowe’s Companies were worth $23,680,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. ProCore Advisors LLC acquired a new position in Lowe’s Companies in the 4th quarter valued at $212,000. Asio Capital LLC raised its stake in Lowe’s Companies by 3.7% in the 4th quarter. Asio Capital LLC now owns 23,946 shares of the home improvement retailer’s stock valued at $5,775,000 after purchasing an additional 858 shares during the last quarter. Cane Capital Partners LLC acquired a new position in Lowe’s Companies in the 4th quarter valued at $2,180,000. Boomfish Wealth Group LLC raised its stake in Lowe’s Companies by 0.6% in the 4th quarter. Boomfish Wealth Group LLC now owns 12,863 shares of the home improvement retailer’s stock valued at $3,102,000 after purchasing an additional 72 shares during the last quarter. Finally, MBL Wealth LLC grew its holdings in Lowe’s Companies by 25.1% in the 4th quarter. MBL Wealth LLC now owns 4,126 shares of the home improvement retailer’s stock valued at $995,000 after buying an additional 827 shares in the last quarter. 74.06% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

LOW has been the subject of several analyst reports. Barclays upgraded Lowe’s Companies from an “equal weight” rating to an “overweight” rating and set a $285.00 target price for the company in a report on Wednesday, January 7th. Jefferies Financial Group restated a “buy” rating and issued a $305.00 target price on shares of Lowe’s Companies in a report on Wednesday, February 25th. DA Davidson restated a “neutral” rating and issued a $275.00 target price on shares of Lowe’s Companies in a report on Thursday, February 26th. Weiss Ratings upgraded Lowe’s Companies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, March 24th. Finally, JPMorgan Chase & Co. upped their target price on Lowe’s Companies from $300.00 to $325.00 and gave the company an “overweight” rating in a report on Monday, February 9th. Twenty-two equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $289.24.

Lowe’s Companies Trading Down 1.6%

NYSE LOW opened at $231.34 on Wednesday. The stock has a market cap of $129.56 billion, a PE ratio of 19.52, a P/E/G ratio of 5.02 and a beta of 0.97. Lowe’s Companies, Inc. has a twelve month low of $206.38 and a twelve month high of $293.06. The stock has a fifty day simple moving average of $256.58 and a 200-day simple moving average of $250.21.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings results on Wednesday, February 25th. The home improvement retailer reported $1.98 earnings per share for the quarter, topping analysts’ consensus estimates of $1.94 by $0.04. The business had revenue of $20.59 billion during the quarter, compared to analysts’ expectations of $20.34 billion. Lowe’s Companies had a negative return on equity of 61.40% and a net margin of 7.71%.The company’s revenue was up 10.9% compared to the same quarter last year. During the same period in the prior year, the business posted $1.93 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. Research analysts predict that Lowe’s Companies, Inc. will post 11.9 EPS for the current year.

Lowe’s Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 6th. Stockholders of record on Wednesday, April 22nd will be issued a dividend of $1.20 per share. The ex-dividend date is Wednesday, April 22nd. This represents a $4.80 dividend on an annualized basis and a dividend yield of 2.1%. Lowe’s Companies’s dividend payout ratio is currently 40.51%.

Insider Buying and Selling at Lowe’s Companies

In other news, CEO Marvin R. Ellison sold 18,000 shares of the stock in a transaction on Friday, January 9th. The stock was sold at an average price of $261.17, for a total transaction of $4,701,060.00. Following the completion of the transaction, the chief executive officer directly owned 231,043 shares in the company, valued at approximately $60,341,500.31. This represents a 7.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.27% of the company’s stock.

About Lowe’s Companies

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.