4,951 Shares in Lowe’s Companies, Inc. $LOW Acquired by Bernicke Wealth Management Ltd.

Bernicke Wealth Management Ltd. purchased a new position in shares of Lowe’s Companies, Inc. (NYSE:LOW) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,951 shares of the home improvement retailer’s stock, valued at approximately $912,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Markowski Investments acquired a new position in shares of Lowe’s Companies in the second quarter worth about $33,000. William Mack & Associates Inc. purchased a new stake in shares of Lowe’s Companies during the 3rd quarter worth about $31,000. Latitude Advisors LLC purchased a new stake in shares of Lowe’s Companies during the 3rd quarter worth about $32,000. Legacy Wealth Managment LLC ID grew its position in shares of Lowe’s Companies by 219.7% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 195 shares of the home improvement retailer’s stock valued at $46,000 after acquiring an additional 134 shares during the period. Finally, John Boyer Inc. acquired a new stake in shares of Lowe’s Companies during the 3rd quarter valued at about $36,000. 74.06% of the stock is owned by hedge funds and other institutional investors.

Lowe’s Companies Stock Performance

NYSE:LOW opened at $227.72 on Friday. The company has a fifty day moving average of $199.90 and a two-hundred day moving average of $223.99. The stock has a market capitalization of $127.77 billion, a PE ratio of 18.24, a P/E/G ratio of 1.95 and a beta of 0.81. Lowe’s Companies, Inc. has a fifty-two week low of $178.45 and a fifty-two week high of $293.06.

Lowe’s Companies (NYSE:LOW) last announced its earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share (EPS) for the quarter, beating 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 business had revenue of $25.96 billion for the quarter, compared to analyst estimates of $26.13 billion. During the same quarter last year, the business earned $4.33 earnings per share. The company’s revenue for the quarter was up 8.3% compared to the same quarter last year. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. Research analysts forecast that Lowe’s Companies, Inc. will post 12.26 earnings per share for the current year.

Lowe’s Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 4th. Investors of record on Wednesday, October 21st were paid a $1.25 dividend. The ex-dividend date of this dividend was Wednesday, October 21st. This represents a $5.00 dividend on an annualized basis and a yield of 2.2%. Lowe’s Companies’s dividend payout ratio (DPR) is currently 42.27%.

Analyst Ratings Changes

Several equities analysts recently weighed in on LOW shares. Mizuho cut their price target on Lowe’s Companies from $280.00 to $250.00 and set an “outperform” rating for the company in a research note on Thursday, August 20th. Citigroup reduced their price target on Lowe’s Companies from $267.00 to $260.00 and set a “buy” rating for the company in a report on Thursday, August 20th. Truist Financial lowered their price target on Lowe’s Companies from $255.00 to $254.00 and set a “buy” rating on the stock in a research report on Thursday, August 20th. Telsey Advisory Group dropped their price objective on Lowe’s Companies from $280.00 to $260.00 and set an “outperform” rating on the stock in a report on Thursday, August 20th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a $231.00 price objective on shares of Lowe’s Companies in a report on Thursday, August 20th. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, Lowe’s Companies has an average rating of “Moderate Buy” and an average target price of $254.58.

Key Headlines Impacting Lowe’s Companies

Here are a few of the latest headlines about LOW:

• Positive Sentiment: Lowe’s declared a quarterly cash dividend of $1.25 per share, payable Feb. 3, 2027, to shareholders of record Jan. 20. The payout supports the stock’s appeal to income-focused investors. Lowe’s declares cash dividend
• Neutral Sentiment: Lowe’s is partnering with Bilt to connect its merchandise, rewards and home services to Bilt’s 8 million-member platform. The partnership could broaden customer reach, though its sales impact is not yet clear. Lowe’s and Bilt partnership
• Negative Sentiment: Stifel cut Lowe’s to Sell from Hold and lowered its price target to $190 from $195 ahead of earnings. The firm cited weaker DIY demand, margin pressure and the costs of investments to expand Lowe’s contractor business as it competes with Home Depot. Stifel downgrades Lowe’s

Lowe’s Companies Company Profile

Lowe’s Companies, Inc. is a home improvement retailer serving homeowners, do-it-yourself customers and professional contractors. The company sells products for construction, maintenance, repair and renovation through its retail stores and online channels. Its offerings include appliances, tools, hardware, lumber and building materials, paint, plumbing and electrical supplies, and products for lawn and garden. Lowe’s also provides services such as installation and other project support. Founded in 1921 in North Wilkesboro, North Carolina, Lowe’s has grown into a major retailer operating across the United States.