Deutsche Bank AG Has $340.99 Million Stock Holdings in Lowe’s Companies, Inc. $LOW

Deutsche Bank AG grew its holdings in Lowe’s Companies, Inc. (NYSE:LOW) by 3.7% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,413,970 shares of the home improvement retailer’s stock after buying an additional 50,477 shares during the quarter. Deutsche Bank AG owned 0.25% of Lowe’s Companies worth $340,993,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. United Financial Planning Group LLC acquired a new position in shares of Lowe’s Companies in the 3rd quarter valued at $31,000. OLD Second National Bank of Aurora raised its stake in shares of Lowe’s Companies by 52.5% in the 4th quarter. OLD Second National Bank of Aurora now owns 122 shares of the home improvement retailer’s stock valued at $29,000 after buying an additional 42 shares in the last quarter. Triumph Capital Management acquired a new position in shares of Lowe’s Companies in the 3rd quarter valued at $34,000. Financial Life Planners acquired a new position in shares of Lowe’s Companies in the 3rd quarter valued at $36,000. Finally, Ares Financial Consulting LLC acquired a new position in shares of Lowe’s Companies in the 4th quarter valued at $36,000. Institutional investors and hedge funds own 74.06% of the company’s stock.

Lowe’s Companies Stock Down 0.5%

Shares of NYSE:LOW opened at $216.26 on Thursday. Lowe’s Companies, Inc. has a 12 month low of $203.40 and a 12 month high of $293.06. The company’s 50-day moving average price is $228.98 and its two-hundred day moving average price is $246.41. The firm has a market cap of $121.26 billion, a P/E ratio of 18.28, a P/E/G ratio of 2.74 and a beta of 0.86.

Lowe’s Companies (NYSE:LOW) last issued its quarterly earnings data on Wednesday, May 20th. The home improvement retailer reported $3.03 EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $23.08 billion for the quarter, compared to analyst estimates of $22.98 billion. During the same quarter in the prior year, the firm earned $2.92 EPS. The company’s revenue was up 10.3% on a year-over-year basis. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. As a group, equities analysts predict that Lowe’s Companies, Inc. will post 12.48 earnings per share for the current fiscal year.

Lowe’s Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 5th. Shareholders of record on Wednesday, July 22nd will be issued a dividend of $1.25 per share. The ex-dividend date of this dividend is Wednesday, July 22nd. This represents a $5.00 dividend on an annualized basis and a yield of 2.3%. This is an increase from Lowe’s Companies’s previous quarterly dividend of $1.20. Lowe’s Companies’s payout ratio is currently 40.57%.

Analysts Set New Price Targets

LOW has been the subject of a number of recent analyst reports. Morgan Stanley dropped their target price on shares of Lowe’s Companies from $292.00 to $277.00 and set an “overweight” rating for the company in a research report on Thursday, May 21st. Sanford C. Bernstein dropped their target price on shares of Lowe’s Companies from $303.00 to $281.00 and set an “outperform” rating for the company in a research report on Thursday, May 14th. BTIG Research cut shares of Lowe’s Companies to a “reduce” rating in a research report on Tuesday, May 12th. DA Davidson reiterated a “neutral” rating and set a $275.00 target price on shares of Lowe’s Companies in a research report on Wednesday, May 20th. Finally, Stifel Nicolaus dropped their target price on shares of Lowe’s Companies from $270.00 to $220.00 and set a “hold” rating for the company in a research report on Monday, May 18th. Twenty-three research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Lowe’s Companies currently has an average rating of “Moderate Buy” and a consensus target price of $264.57.

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.