Oppenheimer Asset Management Inc. Raises Stock Position in Lowe’s Companies, Inc. $LOW

Oppenheimer Asset Management Inc. grew its holdings in Lowe’s Companies, Inc. (NYSE:LOW) by 2.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 155,120 shares of the home improvement retailer’s stock after buying an additional 3,480 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Lowe’s Companies were worth $37,409,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of Lowe’s Companies by 1.7% during the 4th quarter. Vanguard Group Inc. now owns 56,230,787 shares of the home improvement retailer’s stock worth $13,560,617,000 after purchasing an additional 924,625 shares during the period. State Street Corp raised its holdings in shares of Lowe’s Companies by 0.5% in the 3rd quarter. State Street Corp now owns 25,036,276 shares of the home improvement retailer’s stock valued at $6,291,867,000 after purchasing an additional 124,501 shares in the last quarter. Northern Trust Corp raised its holdings in shares of Lowe’s Companies by 1.5% in the 3rd quarter. Northern Trust Corp now owns 6,830,080 shares of the home improvement retailer’s stock valued at $1,716,467,000 after purchasing an additional 103,827 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Lowe’s Companies by 5.2% in the 3rd quarter. Invesco Ltd. now owns 4,830,373 shares of the home improvement retailer’s stock valued at $1,213,921,000 after purchasing an additional 240,123 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in shares of Lowe’s Companies by 12.1% during the 3rd quarter. Bank of New York Mellon Corp now owns 4,294,776 shares of the home improvement retailer’s stock worth $1,079,320,000 after acquiring an additional 463,012 shares in the last quarter. 74.06% of the stock is owned by hedge funds and other institutional investors.

Lowe’s Companies Stock Up 2.4%

Shares of NYSE LOW opened at $239.19 on Friday. Lowe’s Companies, Inc. has a 52 week low of $210.33 and a 52 week high of $293.06. The stock has a market capitalization of $133.96 billion, a price-to-earnings ratio of 20.18, a price-to-earnings-growth ratio of 5.07 and a beta of 0.97. The firm has a 50-day simple moving average of $245.40 and a 200-day simple moving average of $249.81.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings data on Wednesday, February 25th. The home improvement retailer reported $1.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.94 by $0.04. Lowe’s Companies had a net margin of 7.71% and a negative return on equity of 61.40%. The firm had revenue of $20.59 billion during the quarter, compared to analysts’ expectations of $20.34 billion. During the same period last year, the business earned $1.93 earnings per share. Lowe’s Companies’s revenue was up 10.9% compared to the same quarter last year. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. As a group, equities research analysts expect that Lowe’s Companies, Inc. will post 12.61 EPS for the current year.

Lowe’s Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 6th. Shareholders of record on Wednesday, April 22nd will be paid a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Wednesday, April 22nd. Lowe’s Companies’s dividend payout ratio (DPR) is 40.51%.

Wall Street Analyst Weigh In

Several analysts have weighed in on LOW shares. Mizuho boosted their target price on shares of Lowe’s Companies from $272.00 to $294.00 and gave the stock an “outperform” rating in a research report on Friday, February 27th. Royal Bank Of Canada boosted their target price on shares of Lowe’s Companies from $252.00 to $257.00 and gave the stock a “sector perform” rating in a research report on Monday, February 23rd. KGI Securities assumed coverage on shares of Lowe’s Companies in a research report on Tuesday, March 10th. They set a “neutral” rating and a $255.00 target price on the stock. Evercore dropped their price objective on shares of Lowe’s Companies from $250.00 to $245.00 in a report on Tuesday, March 31st. Finally, UBS Group dropped their price objective on shares of Lowe’s Companies from $316.00 to $315.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Twenty-two equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Lowe’s Companies has an average rating of “Moderate Buy” and an average target price of $289.10.

Lowe’s Companies News Roundup

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

• Positive Sentiment: Synchrony expanded its co‑brand partnership with Lowe’s to become the issuer of a MyLowe’s Pro Rewards American Express® Card — the new card works anywhere AmEx is accepted, potentially increasing Pro customer purchasing power, rewards stickiness and share of wallet for professional customers. Article Title
• Positive Sentiment: An industry dividend roundup expects Lowe’s to be among companies likely to raise dividends in May 2026 — if realized, a dividend hike would be a direct positive for income-focused investors and could support the stock. Article Title
• Neutral Sentiment: Evercore ISI kept an “In Line” rating but nudged Lowe’s price target to $250 from $245 — the raise is modest support for the thesis but the unchanged rating tempers the near‑term impact. Article Title
• Neutral Sentiment: Coverage pieces questioning whether Lowe’s is “fairly priced” highlight mixed short- and medium‑term returns and keep investor focus on valuation vs. growth tradeoffs rather than presenting new fundamental news. Article Title
• Negative Sentiment: Recent headlines noted a sharper short‑term decline (reports of a ~2.8% drop in the prior session), underscoring momentum volatility that can amplify selling pressure even with constructive company news. Article Title

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.