Lowe’s Companies (NYSE:LOW) Given New $276.00 Price Target at Piper Sandler

Lowe’s Companies (NYSE:LOW) had its target price reduced by investment analysts at Piper Sandler from $300.00 to $276.00 in a report issued on Thursday,Benzinga reports. The brokerage currently has an “overweight” rating on the home improvement retailer’s stock. Piper Sandler’s price objective points to a potential upside of 24.74% from the company’s current price.

LOW has been the subject of a number of other reports. Raymond James Financial lowered Lowe’s Companies from a “market perform” rating to a “market perform” rating in a report on Tuesday, May 12th. Mizuho increased their price objective on Lowe’s Companies from $272.00 to $294.00 and gave the stock an “outperform” rating in a report on Friday, February 27th. William Blair started coverage on Lowe’s Companies in a research report on Tuesday, May 12th. They set an “overweight” rating for the company. Rothschild & Co Redburn increased their price objective on Lowe’s Companies from $280.00 to $290.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Finally, Wells Fargo & Company reiterated an “overweight” rating and set a $255.00 price objective on shares of Lowe’s Companies in a research report on Thursday. Twenty-three equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Lowe’s Companies presently has an average rating of “Moderate Buy” and a consensus price target of $278.86.

Lowe’s Companies Price Performance

Shares of LOW stock opened at $221.25 on Thursday. Lowe’s Companies has a 12-month low of $208.00 and a 12-month high of $293.06. The firm has a market capitalization of $123.92 billion, a price-to-earnings ratio of 18.67, a price-to-earnings-growth ratio of 4.19 and a beta of 0.91. The business has a 50 day simple moving average of $236.07 and a 200 day simple moving average of $248.40.

Lowe’s Companies (NYSE:LOW) last issued its quarterly earnings data on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.97 by $0.06. Lowe’s Companies had a negative return on equity of 61.40% and a net margin of 7.71%.The business had revenue of $23.08 billion during the quarter, compared to analyst estimates of $22.98 billion. During the same period in the prior year, the company posted $2.92 EPS. The business’s revenue for the quarter was up 10.3% compared to the same quarter last year. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. On average, equities analysts anticipate that Lowe’s Companies will post 12.58 EPS for the current fiscal year.

Institutional Trading of Lowe’s Companies

A number of hedge funds have recently modified their holdings of LOW. Brighton Jones LLC lifted its holdings in shares of Lowe’s Companies by 119.7% in the fourth quarter. Brighton Jones LLC now owns 31,965 shares of the home improvement retailer’s stock valued at $7,889,000 after purchasing an additional 17,413 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of Lowe’s Companies by 31.6% in the fourth quarter. Revolve Wealth Partners LLC now owns 1,078 shares of the home improvement retailer’s stock valued at $266,000 after purchasing an additional 259 shares in the last quarter. Sivia Capital Partners LLC lifted its holdings in shares of Lowe’s Companies by 22.3% in the second quarter. Sivia Capital Partners LLC now owns 1,534 shares of the home improvement retailer’s stock valued at $340,000 after purchasing an additional 280 shares in the last quarter. United Bank lifted its holdings in shares of Lowe’s Companies by 1.3% in the second quarter. United Bank now owns 12,124 shares of the home improvement retailer’s stock valued at $2,690,000 after purchasing an additional 155 shares in the last quarter. Finally, Schnieders Capital Management LLC. lifted its holdings in shares of Lowe’s Companies by 13.1% in the second quarter. Schnieders Capital Management LLC. now owns 2,378 shares of the home improvement retailer’s stock valued at $528,000 after purchasing an additional 275 shares in the last quarter. Hedge funds and other institutional investors own 74.06% of the company’s stock.

More Lowe’s Companies News

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

• Positive Sentiment: Lowe’s delivered a Q1 earnings and revenue beat, with adjusted EPS of $3.03 and sales of $23.08 billion, while comparable sales rose 0.6%. LOWE’S REPORTS FIRST QUARTER 2026 SALES AND EARNINGS RESULTS
• Positive Sentiment: Growth in pro sales, online sales, appliances and home services suggests the company is executing well in better-performing channels. Lowe’s beats Wall Street expectations against ‘challenging’ housing backdrop
• Positive Sentiment: Analysts highlighted Lowe’s pro momentum and spring execution as evidence that the business is holding up better than feared. Lowe’s Q1 Earnings Beat on Pro Momentum & Strong Spring Execution
• Neutral Sentiment: Management maintained its FY2026 outlook, but the guidance range was below consensus, tempering enthusiasm after the beat. Lowe’s maintains annual forecasts amid challenging housing demand
• Negative Sentiment: CEO comments about the “most difficult housing market” since the financial crisis reinforced concerns that demand could stay soft. Lowe’s CEO says this is the ‘most difficult housing market’ since the financial crisis

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.