Kathmere Capital Management LLC Acquires 5,383 Shares of Lowe’s Companies, Inc. $LOW

Kathmere Capital Management LLC raised its holdings in Lowe’s Companies, Inc. (NYSE:LOW) by 133.9% in the first quarter, Holdings Channel.com reports. The fund owned 9,402 shares of the home improvement retailer’s stock after acquiring an additional 5,383 shares during the quarter. Kathmere Capital Management LLC’s holdings in Lowe’s Companies were worth $2,222,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Swiss RE Ltd. acquired a new stake in shares of Lowe’s Companies in the 4th quarter valued at $25,000. Wilkerson Advisory Group LLC acquired a new position in Lowe’s Companies during the fourth quarter worth $27,000. United Financial Planning Group LLC bought a new position in Lowe’s Companies during the third quarter valued at about $31,000. OLD Second National Bank of Aurora lifted its position in shares of Lowe’s Companies by 52.5% in the fourth quarter. OLD Second National Bank of Aurora now owns 122 shares of the home improvement retailer’s stock worth $29,000 after buying an additional 42 shares during the last quarter. Finally, Sankala Group LLC bought a new stake in shares of Lowe’s Companies during the 4th quarter worth about $33,000. 74.06% of the stock is owned by institutional investors.

Insider Activity

In related news, EVP Juliette Williams Pryor sold 9,330 shares of the business’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $224.81, for a total transaction of $2,097,477.30. Following the transaction, the executive vice president owned 16,142 shares of the company’s stock, valued at approximately $3,628,883.02. The trade was a 36.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Margrethe R. Vagell sold 2,500 shares of the business’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $223.83, for a total transaction of $559,575.00. Following the transaction, the executive vice president directly owned 20,220 shares in the company, valued at $4,525,842.60. This trade represents a 11.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 25,980 shares of company stock valued at $5,796,937. 0.29% of the stock is owned by company insiders.

Lowe’s Companies Stock Performance

Lowe’s Companies stock opened at $227.26 on Monday. The business’s 50-day simple moving average is $221.70 and its 200-day simple moving average is $243.74. The firm has a market capitalization of $127.43 billion, a PE ratio of 19.21, a PEG ratio of 2.87 and a beta of 0.86. Lowe’s Companies, Inc. has a 52 week low of $203.40 and a 52 week high of $293.06.

Lowe’s Companies (NYSE:LOW) last announced its earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share for the quarter, beating the consensus estimate of $2.97 by $0.06. Lowe’s Companies had a negative return on equity of 67.96% and a net margin of 7.51%.The firm had revenue of $23.08 billion during the quarter, compared to the consensus estimate of $22.98 billion. During the same quarter in the prior year, the company earned $2.92 EPS. The firm’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. Research analysts forecast that Lowe’s Companies, Inc. will post 12.48 earnings per share for the current year.

Lowe’s Companies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 5th. Stockholders of record on Wednesday, July 22nd will be issued a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.2%. This is a boost from Lowe’s Companies’s previous quarterly dividend of $1.20. The ex-dividend date is Wednesday, July 22nd. Lowe’s Companies’s dividend payout ratio is presently 40.57%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on LOW shares. DA Davidson reissued a “neutral” rating and set a $275.00 price objective on shares of Lowe’s Companies in a report on Wednesday, May 20th. HSBC reduced their target price on Lowe’s Companies from $260.00 to $220.00 and set a “hold” rating for the company in a report on Thursday, May 21st. Truist Financial decreased their target price on Lowe’s Companies from $280.00 to $255.00 and set a “buy” rating for the company in a research report on Thursday, May 21st. Bank of America lowered their price target on Lowe’s Companies from $260.00 to $257.00 and set a “neutral” rating on the stock in a report on Thursday, May 21st. Finally, BNP Paribas Exane dropped their price target on shares of Lowe’s Companies from $228.00 to $202.00 and set an “underperform” rating on the stock in a research report on Thursday, May 21st. Twenty-three research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $264.57.

Lowe’s Companies Profile

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.