Dakota Wealth Management Has $3.67 Million Position in Lowe’s Companies, Inc. $LOW

Dakota Wealth Management increased its holdings in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 83.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,196 shares of the home improvement retailer’s stock after purchasing an additional 6,915 shares during the period. Dakota Wealth Management’s holdings in Lowe’s Companies were worth $3,665,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of LOW. Howard Hughes Medical Institute acquired a new stake in Lowe’s Companies during the 2nd quarter worth approximately $27,000. Activest Wealth Management boosted its holdings in shares of Lowe’s Companies by 78.5% in the third quarter. Activest Wealth Management now owns 116 shares of the home improvement retailer’s stock valued at $29,000 after buying an additional 51 shares during the period. United Financial Planning Group LLC acquired a new position in shares of Lowe’s Companies in the third quarter valued at approximately $31,000. Triumph Capital Management bought a new stake in shares of Lowe’s Companies during the third quarter worth $34,000. Finally, Guerra Advisors Inc bought a new stake in shares of Lowe’s Companies during the third quarter worth $35,000. 74.06% of the stock is currently owned by institutional investors and hedge funds.

Lowe’s Companies Stock Down 2.5%

Shares of LOW stock opened at $230.07 on Friday. Lowe’s Companies, Inc. has a 12 month low of $206.38 and a 12 month high of $293.06. The company’s fifty day simple moving average is $262.43 and its 200-day simple moving average is $252.23. The firm has a market cap of $128.85 billion, a PE ratio of 19.42, a P/E/G ratio of 5.13 and a beta of 0.98.

Lowe’s Companies (NYSE:LOW) last released its earnings results on Wednesday, February 25th. The home improvement retailer reported $1.98 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $20.59 billion during the quarter, compared to the consensus estimate of $20.34 billion. During the same quarter last year, the firm earned $1.93 earnings per share. The firm’s revenue for the quarter was up 10.9% compared to the same quarter last year. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. On average, equities analysts predict that Lowe’s Companies, Inc. will post 11.9 earnings per share for the current fiscal year.

Lowe’s Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 6th. Stockholders of record on Wednesday, April 22nd will be issued a $1.20 dividend. The ex-dividend date is Wednesday, April 22nd. This represents a $4.80 annualized dividend and a dividend yield of 2.1%. Lowe’s Companies’s dividend payout ratio (DPR) is presently 40.51%.

Wall Street Analyst Weigh In

Several research firms recently commented on LOW. Stifel Nicolaus boosted 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 report on Monday, December 1st. Royal Bank Of Canada increased their target price on Lowe’s Companies from $252.00 to $257.00 and gave the stock a “sector perform” rating in a report on Monday, February 23rd. UBS Group dropped their price target on Lowe’s Companies from $316.00 to $315.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Guggenheim boosted their price target on Lowe’s Companies from $280.00 to $300.00 and gave the company a “buy” rating in a report on Thursday, February 26th. Finally, Argus upped their price objective on Lowe’s Companies from $286.00 to $288.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Twenty-two research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Lowe’s Companies currently has a consensus rating of “Moderate Buy” and an average price target of $289.76.

Insider Activity

In related news, CEO Marvin R. Ellison sold 18,000 shares of Lowe’s Companies stock in a transaction dated Friday, January 9th. The stock was sold at an average price of $261.17, for a total value of $4,701,060.00. Following the sale, the chief executive officer owned 231,043 shares of the company’s stock, valued at approximately $60,341,500.31. The trade was a 7.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.27% of the company’s stock.

Lowe’s Companies Company 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.