All Terrain Financial Advisors LLC Sells 9,300 Shares of Lowe’s Companies, Inc. $LOW

All Terrain Financial Advisors LLC trimmed its holdings in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 7.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 119,715 shares of the home improvement retailer’s stock after selling 9,300 shares during the period. Lowe’s Companies comprises 6.7% of All Terrain Financial Advisors LLC’s investment portfolio, making the stock its 2nd largest position. All Terrain Financial Advisors LLC’s holdings in Lowe’s Companies were worth $28,871,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of LOW. Norges Bank bought a new stake in shares of Lowe’s Companies in the fourth quarter worth $1,993,697,000. Wellington Management Group LLP increased its stake in shares of Lowe’s Companies by 102.0% in the third quarter. Wellington Management Group LLP now owns 4,204,311 shares of the home improvement retailer’s stock worth $1,056,585,000 after buying an additional 2,122,622 shares during the last quarter. Victory Capital Management Inc. increased its stake in shares of Lowe’s Companies by 207.2% in the third quarter. Victory Capital Management Inc. now owns 2,058,086 shares of the home improvement retailer’s stock worth $517,218,000 after buying an additional 1,388,133 shares during the last quarter. Eurizon Capital SGR S.p.A. bought a new stake in shares of Lowe’s Companies in the fourth quarter worth $308,683,000. Finally, Vanguard Group Inc. increased its stake in shares of Lowe’s Companies by 1.7% in the fourth quarter. Vanguard Group Inc. now owns 56,230,787 shares of the home improvement retailer’s stock worth $13,560,617,000 after buying an additional 924,625 shares during the last quarter. 74.06% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Guggenheim lifted their price target on shares of Lowe’s Companies from $280.00 to $300.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. KeyCorp dropped their price target on shares of Lowe’s Companies from $300.00 to $275.00 and set an “overweight” rating for the company in a research note on Thursday, May 21st. TD Cowen lowered their target price on shares of Lowe’s Companies from $280.00 to $235.00 and set a “hold” rating for the company in a research note on Thursday, May 21st. Craig Hallum upgraded shares of Lowe’s Companies to a “buy” rating in a research note on Tuesday, May 12th. Finally, Citigroup upgraded shares of Lowe’s Companies from a “neutral” rating to a “buy” rating and set a $285.00 target price for the company in a research note on Tuesday, May 12th. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $264.57.

Lowe’s Companies Stock Performance

Shares of LOW opened at $216.26 on Thursday. Lowe’s Companies, Inc. has a 1 year low of $203.40 and a 1 year high of $293.06. The company has a market cap of $121.26 billion, a price-to-earnings ratio of 18.28, a price-to-earnings-growth ratio of 2.74 and a beta of 0.86. The firm has a fifty day moving average of $228.98 and a 200-day moving average of $246.41.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.97 by $0.06. Lowe’s Companies had a net margin of 7.51% and a negative return on equity of 67.96%. The company had revenue of $23.08 billion during the quarter, compared to the consensus estimate of $22.98 billion. During the same quarter in the previous year, the company posted $2.92 earnings per share. The company’s revenue for the quarter was up 10.3% compared to the same quarter last year. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. Analysts predict that Lowe’s Companies, Inc. will post 12.48 EPS for the current year.

Lowe’s Companies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 5th. Stockholders of record on Wednesday, July 22nd will be issued a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a dividend yield of 2.3%. This is a positive change from Lowe’s Companies’s previous quarterly dividend of $1.20. The ex-dividend date of this dividend is Wednesday, July 22nd. Lowe’s Companies’s dividend payout ratio is presently 40.57%.

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.