Financial Planning Hawaii Inc. Takes Position in Lowe’s Companies, Inc. $LOW

Financial Planning Hawaii Inc. acquired a new stake in shares of Lowe’s Companies, Inc. (NYSE:LOW) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 2,153 shares of the home improvement retailer’s stock, valued at approximately $519,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. TruWealth Advisors LLC boosted its stake in Lowe’s Companies by 2.7% during the 3rd quarter. TruWealth Advisors LLC now owns 1,580 shares of the home improvement retailer’s stock valued at $397,000 after purchasing an additional 42 shares in the last quarter. Cypress Wealth Services LLC raised its stake in shares of Lowe’s Companies by 2.0% in the 3rd quarter. Cypress Wealth Services LLC now owns 2,191 shares of the home improvement retailer’s stock worth $551,000 after buying an additional 42 shares in the last quarter. Hidden Cove Wealth Management LLC raised its stake in shares of Lowe’s Companies by 4.6% in the 3rd quarter. Hidden Cove Wealth Management LLC now owns 960 shares of the home improvement retailer’s stock worth $241,000 after buying an additional 42 shares in the last quarter. Roble Belko & Company Inc lifted its holdings in shares of Lowe’s Companies by 21.4% in the third quarter. Roble Belko & Company Inc now owns 250 shares of the home improvement retailer’s stock valued at $63,000 after buying an additional 44 shares during the period. Finally, Legacy Wealth Asset Management LLC lifted its holdings in shares of Lowe’s Companies by 1.3% in the fourth quarter. Legacy Wealth Asset Management LLC now owns 3,320 shares of the home improvement retailer’s stock valued at $801,000 after buying an additional 44 shares during the period. Institutional investors own 74.06% of the company’s stock.

Insider Activity

In other news, CEO Marvin R. Ellison sold 18,000 shares of the business’s 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 sale, the chief executive officer owned 231,043 shares in the company, valued at $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. 0.27% of the stock is owned by corporate insiders.

Lowe’s Companies Stock Up 0.9%

Shares of NYSE LOW opened at $232.35 on Tuesday. Lowe’s Companies, Inc. has a 12 month low of $206.38 and a 12 month high of $293.06. The company has a market cap of $130.13 billion, a price-to-earnings ratio of 19.61, a P/E/G ratio of 5.00 and a beta of 0.98. The business has a fifty day simple moving average of $261.52 and a 200-day simple moving average of $251.72.

Lowe’s Companies (NYSE:LOW) last issued its quarterly earnings results on Wednesday, February 25th. The home improvement retailer reported $1.98 earnings per share for the quarter, topping analysts’ consensus estimates of $1.94 by $0.04. The firm had revenue of $20.59 billion for the quarter, compared to analysts’ expectations of $20.34 billion. Lowe’s Companies had a negative return on equity of 61.40% and a net margin of 7.71%.Lowe’s Companies’s revenue was up 10.9% on a year-over-year basis. During the same quarter last year, the business posted $1.93 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. As a group, sell-side analysts expect that Lowe’s Companies, Inc. will post 11.9 EPS for the current fiscal year.

Lowe’s Companies Dividend Announcement

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

Analysts Set New Price Targets

LOW has been the topic of a number of research analyst reports. Barclays raised Lowe’s Companies from an “equal weight” rating to an “overweight” rating and set a $285.00 target price on the stock in a report on Wednesday, January 7th. Wells Fargo & Company upped their price target on shares of Lowe’s Companies from $280.00 to $290.00 and gave the company an “overweight” rating in a report on Thursday, February 26th. Guggenheim raised their price objective on shares of Lowe’s Companies from $280.00 to $300.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Truist Financial lowered their price objective on shares of Lowe’s Companies from $295.00 to $293.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Finally, UBS Group cut their target price on shares of Lowe’s Companies from $316.00 to $315.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. Twenty-two analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $289.76.

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.