2,561 Shares in Lowe’s Companies, Inc. $LOW Acquired by Foguth Wealth Management LLC.

Foguth Wealth Management LLC. acquired a new stake in shares of Lowe’s Companies, Inc. (NYSE:LOW) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 2,561 shares of the home improvement retailer’s stock, valued at approximately $605,000.

A number of other institutional investors have also recently added to or reduced their stakes in LOW. Providence Wealth Advisors LLC lifted its stake in Lowe’s Companies by 0.5% in the fourth quarter. Providence Wealth Advisors LLC now owns 7,969 shares of the home improvement retailer’s stock valued at $1,959,000 after buying an additional 36 shares during the last quarter. Rather & Kittrell Inc. boosted its holdings in shares of Lowe’s Companies by 0.4% during the fourth quarter. Rather & Kittrell Inc. now owns 10,379 shares of the home improvement retailer’s stock valued at $2,503,000 after acquiring an additional 38 shares during the period. First Command Advisory Services Inc. grew its position in shares of Lowe’s Companies by 1.3% during the fourth quarter. First Command Advisory Services Inc. now owns 2,947 shares of the home improvement retailer’s stock worth $711,000 after acquiring an additional 38 shares during the last quarter. Walkner Condon Financial Advisors LLC grew its position in shares of Lowe’s Companies by 4.3% during the fourth quarter. Walkner Condon Financial Advisors LLC now owns 945 shares of the home improvement retailer’s stock worth $228,000 after acquiring an additional 39 shares during the last quarter. Finally, Smithbridge Asset Management Inc. DE increased its holdings in shares of Lowe’s Companies by 1.1% in the 4th quarter. Smithbridge Asset Management Inc. DE now owns 3,723 shares of the home improvement retailer’s stock worth $898,000 after acquiring an additional 39 shares during the period. 74.06% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Evercore cut their price objective on shares of Lowe’s Companies from $250.00 to $230.00 in a research report on Thursday, May 21st. HSBC decreased their target price on shares of Lowe’s Companies from $260.00 to $220.00 and set a “hold” rating for the company in a research report on Thursday, May 21st. UBS Group dropped their price target on shares of Lowe’s Companies from $315.00 to $285.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. Craig Hallum upgraded Lowe’s Companies to a “buy” rating in a research report on Tuesday, May 12th. Finally, William Blair started coverage on Lowe’s Companies in a research report on Tuesday, May 12th. They set an “overweight” rating for the company. Twenty-three analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $263.67.

Lowe’s Companies Trading Down 0.7%

Shares of NYSE LOW opened at $208.57 on Friday. Lowe’s Companies, Inc. has a twelve month low of $199.40 and a twelve month high of $293.06. The company has a market capitalization of $116.95 billion, a price-to-earnings ratio of 17.63, a PEG ratio of 2.62 and a beta of 0.86. The firm has a 50-day moving average of $214.69 and a two-hundred day moving average of $238.83.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings data on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.97 by $0.06. The company had revenue of $23.08 billion for the quarter, compared to analysts’ expectations of $22.98 billion. Lowe’s Companies had a net margin of 7.51% and a negative return on equity of 67.96%. The business’s revenue was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.92 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. As a group, research analysts predict 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 announced a quarterly dividend, which will be paid on Wednesday, August 5th. Investors of record on Wednesday, July 22nd will be issued a dividend of $1.25 per share. The ex-dividend date is Wednesday, July 22nd. This is a positive change from Lowe’s Companies’s previous quarterly dividend of $1.20. This represents a $5.00 dividend on an annualized basis and a yield of 2.4%. Lowe’s Companies’s payout ratio is 42.27%.

Insider Buying and Selling

In other Lowe’s Companies news, EVP Margrethe R. Vagell sold 2,500 shares of Lowe’s Companies stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $223.83, for a total value of $559,575.00. Following the transaction, the executive vice president owned 20,220 shares in the company, valued at approximately $4,525,842.60. The trade was a 11.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Juliette Williams Pryor sold 9,330 shares of the company’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $224.81, for a total value of $2,097,477.30. Following the completion of the transaction, the executive vice president directly owned 16,142 shares in the company, valued at $3,628,883.02. This represents a 36.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 25,980 shares of company stock worth $5,796,937. Corporate insiders own 0.29% 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.