Lowe’s Companies, Inc. $LOW Stock: William Allan Corp Boosts Stake

William Allan Corp boosted its stake in Lowe’s Companies, Inc. (NYSE:LOW) by 48.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,576 shares of the home improvement retailer’s stock after buying an additional 2,793 shares during the quarter. William Allan Corp’s holdings in Lowe’s Companies were worth $1,580,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of LOW. J. Stern & Co. LLP grew its stake in Lowe’s Companies by 7,814.9% during the fourth quarter. J. Stern & Co. LLP now owns 1,490,369 shares of the home improvement retailer’s stock worth $359,417,000 after buying an additional 1,471,539 shares during the last quarter. Amundi increased its holdings in shares of Lowe’s Companies by 57.3% during the second quarter. Amundi now owns 2,892,868 shares of the home improvement retailer’s stock worth $637,848,000 after buying an additional 1,053,237 shares in the last quarter. State Street Corp raised its stake in shares of Lowe’s Companies by 3.6% in the second quarter. State Street Corp now owns 25,329,373 shares of the home improvement retailer’s stock valued at $5,584,873,000 after acquiring an additional 880,815 shares during the last quarter. BlackRock Inc. raised its stake in shares of Lowe’s Companies by 1.8% in the second quarter. BlackRock Inc. now owns 40,545,728 shares of the home improvement retailer’s stock valued at $8,939,928,000 after acquiring an additional 714,092 shares during the last quarter. Finally, Cullen Capital Management LLC bought a new position in shares of Lowe’s Companies in the second quarter valued at approximately $139,207,000. 74.06% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on LOW. Morgan Stanley reissued an “overweight” rating on shares of Lowe’s Companies in a report on Thursday, August 20th. UBS Group dropped their price target on Lowe’s Companies from $285.00 to $275.00 and set a “buy” rating for the company in a report on Thursday, August 20th. Piper Sandler dropped their price target on Lowe’s Companies from $276.00 to $274.00 and set an “overweight” rating for the company in a report on Thursday, August 13th. Weiss Ratings downgraded Lowe’s Companies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, August 17th. Finally, DA Davidson reissued a “neutral” rating and issued a $245.00 price objective on shares of Lowe’s Companies in a research note on Wednesday, August 19th. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Lowe’s Companies currently has an average rating of “Moderate Buy” and an average target price of $254.29.

Lowe’s Companies Price Performance

LOW opened at $188.36 on Thursday. Lowe’s Companies, Inc. has a one year low of $178.45 and a one year high of $293.06. The company’s 50 day simple moving average is $200.41 and its 200-day simple moving average is $215.19. The stock has a market capitalization of $105.68 billion, a P/E ratio of 15.92, a price-to-earnings-growth ratio of 1.58 and a beta of 0.89.

Lowe’s Companies (NYSE:LOW) last posted its quarterly earnings data on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share for the quarter, topping the consensus estimate of $4.22 by $0.18. Lowe’s Companies had a net margin of 7.34% and a negative return on equity of 75.67%. The firm had revenue of $25.96 billion during the quarter, compared to analysts’ expectations of $26.13 billion. During the same quarter in the previous year, the company posted $4.33 EPS. Lowe’s Companies’s revenue was up 8.3% on a year-over-year basis. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. As a group, analysts anticipate that Lowe’s Companies, Inc. will post 12.26 EPS for the current year.

Lowe’s Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 4th. Stockholders of record on Wednesday, October 21st will be paid a $1.25 dividend. This represents a $5.00 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Wednesday, October 21st. Lowe’s Companies’s dividend payout ratio (DPR) is 42.27%.

Key Lowe’s Companies News

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

• Positive Sentiment: Lowe’s dividend remains a key attraction. The company has roughly doubled its quarterly payout since 2021, supported by a resilient store network, strong customer relationships and growing exposure to professional contractors. Lowe’s Dividend Sustainability Looks Solid, but Returns Face a Test
• Positive Sentiment: The retailer is investing approximately $542 million in digital and fulfillment capabilities and using its Mylow artificial-intelligence assistant, e-commerce upgrades and extended holiday promotions to improve customer engagement and support sales growth. Lowe’s AI-Driven Holiday Push and E-Commerce Spend Might Change The Case For Investing In Lowe’s Companies (LOW)
• Positive Sentiment: Traeger’s planned Lowe’s rollout in 2027 could provide an additional merchandise and vendor opportunity, although the financial impact is still prospective. Traeger: Waiting For The Lowe’s Rollout In 2027

Lowe’s Companies Profile

Lowe’s Companies, Inc is a home improvement retailer serving homeowners, renters, and professional contractors primarily in the United States. The company operates through a network of retail stores and digital channels, offering products and services for home repair, maintenance, remodeling, construction, and outdoor living.

Its merchandise includes appliances, tools, hardware, lumber, building materials, plumbing and electrical supplies, paint, flooring, kitchen and bath products, lighting, home décor, lawn and garden equipment, and seasonal goods.