CIBC Private Wealth Group LLC Has $39.60 Million Holdings in Lowe’s Companies, Inc. $LOW

CIBC Private Wealth Group LLC boosted its position in Lowe’s Companies, Inc. (NYSE:LOW) by 22.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 157,564 shares of the home improvement retailer’s stock after buying an additional 28,914 shares during the period. CIBC Private Wealth Group LLC’s holdings in Lowe’s Companies were worth $39,597,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of Lowe’s Companies by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 55,306,162 shares of the home improvement retailer’s stock worth $13,898,992,000 after acquiring an additional 329,807 shares in the last quarter. State Street Corp boosted its position in shares of Lowe’s Companies by 0.5% during the 3rd quarter. State Street Corp now owns 25,036,276 shares of the home improvement retailer’s stock valued at $6,291,867,000 after purchasing an additional 124,501 shares in the last quarter. Norges Bank acquired a new stake in Lowe’s Companies during the second quarter worth approximately $1,773,624,000. Northern Trust Corp grew its stake in Lowe’s Companies by 1.5% during the third quarter. Northern Trust Corp now owns 6,830,080 shares of the home improvement retailer’s stock worth $1,716,467,000 after purchasing an additional 103,827 shares during the period. Finally, Invesco Ltd. increased its holdings in Lowe’s Companies by 5.2% in the third quarter. Invesco Ltd. now owns 4,830,373 shares of the home improvement retailer’s stock worth $1,213,921,000 after purchasing an additional 240,123 shares in the last quarter. Institutional investors own 74.06% of the company’s stock.

Key Lowe’s Companies News

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

• Positive Sentiment: Lowe’s launched HomeCare+, a $99/year, associate-powered subscription that bundles seven in-home maintenance services for MyLowe’s members — a push toward recurring revenue and deeper customer engagement that could improve retention and service margins over time. HomeCare+ press release
• Positive Sentiment: Lowe’s expanded its AI-driven supply chain relationship with RELEX (and Accenture) to unify replenishment and allocation platforms — a move that can reduce stockouts, improve inventory turns and lower costs over time, supporting margins. RELEX partnership announcement
• Positive Sentiment: Institutional buying: Achmea Investment Management increased its position by ~6,916 shares, signaling at least some buy-side conviction amid recent volatility. Institutional buying report
• Neutral Sentiment: Zacks / market interest notes: several outlets report heavy investor searches and attention on LOW, indicating elevated retail/institutional focus — useful for liquidity but not a directional catalyst by itself. Zacks investor interest article
• Negative Sentiment: Short-term price pressure and valuation concerns: coverage noting recent share-price weakness (week/month declines) and questions about fair valuation appear to be weighing on sentiment — investors may be taking profits or re-pricing LOW given recent volatility. Valuation / price weakness piece

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Citigroup boosted their price target on Lowe’s Companies from $250.00 to $285.00 and gave the company a “neutral” rating in a research note on Thursday, February 12th. Stifel Nicolaus lifted their price objective on shares of Lowe’s Companies from $230.00 to $250.00 and gave the company a “hold” rating in a research note on Monday, December 1st. Evercore dropped their target price on shares of Lowe’s Companies from $270.00 to $260.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 3rd. KGI Securities initiated coverage on shares of Lowe’s Companies in a research note on Tuesday, March 10th. They set a “neutral” rating and a $255.00 target price on the stock. Finally, Guggenheim raised their price target on shares of Lowe’s Companies from $280.00 to $300.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. Twenty-one analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, Lowe’s Companies has an average rating of “Moderate Buy” and an average price target of $289.76.

Insider Buying and Selling

In other Lowe’s Companies news, CEO Marvin R. Ellison sold 18,000 shares of Lowe’s Companies stock in a transaction that occurred on Friday, January 9th. The shares were sold at an average price of $261.17, for a total transaction of $4,701,060.00. Following the transaction, the chief executive officer owned 231,043 shares of the company’s stock, valued at $60,341,500.31. This trade represents a 7.23% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.27% of the company’s stock.

Lowe’s Companies Price Performance

LOW opened at $230.87 on Thursday. Lowe’s Companies, Inc. has a 1 year low of $206.38 and a 1 year high of $293.06. The company has a market capitalization of $129.51 billion, a price-to-earnings ratio of 19.48, a P/E/G ratio of 5.21 and a beta of 0.98. The firm’s fifty day moving average price is $267.88 and its two-hundred day moving average price is $253.71.

Lowe’s Companies (NYSE:LOW) last announced its earnings results on Wednesday, February 25th. The home improvement retailer reported $1.98 EPS for the quarter, beating the consensus estimate of $1.94 by $0.04. Lowe’s Companies had a net margin of 7.71% and a negative return on equity of 61.40%. The company had revenue of $20.58 billion during the quarter, compared to the consensus estimate of $20.34 billion. During the same quarter in the prior year, the company posted $1.93 earnings per share. The firm’s revenue for the quarter was up 10.9% on a year-over-year basis. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. As a group, equities analysts anticipate that Lowe’s Companies, Inc. will post 11.9 EPS for the current year.

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.