Captrust Financial Advisors Has $146.65 Million Stake in Lowe’s Companies, Inc. $LOW

Captrust Financial Advisors raised its holdings in Lowe’s Companies, Inc. (NYSE:LOW) by 0.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 608,084 shares of the home improvement retailer’s stock after acquiring an additional 3,382 shares during the period. Captrust Financial Advisors owned about 0.11% of Lowe’s Companies worth $146,645,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in LOW. Swiss RE Ltd. acquired a new position in Lowe’s Companies in the fourth quarter valued at about $25,000. Wilkerson Advisory Group LLC acquired a new position in Lowe’s Companies in the fourth quarter valued at about $27,000. OLD Second National Bank of Aurora grew its stake in Lowe’s Companies by 52.5% in the fourth quarter. OLD Second National Bank of Aurora now owns 122 shares of the home improvement retailer’s stock valued at $29,000 after acquiring an additional 42 shares during the period. United Financial Planning Group LLC acquired a new position in Lowe’s Companies in the third quarter valued at about $31,000. Finally, Triumph Capital Management acquired a new position in Lowe’s Companies in the third quarter valued at about $34,000. 74.06% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Rothschild & Co Redburn boosted their target price on Lowe’s Companies from $280.00 to $290.00 and gave the company a “buy” rating in a research note on Thursday, February 26th. BNP Paribas Exane cut their price target on Lowe’s Companies from $228.00 to $202.00 and set an “underperform” rating on the stock in a report on Thursday, May 21st. Morgan Stanley cut their price target on Lowe’s Companies from $292.00 to $277.00 and set an “overweight” rating on the stock in a report on Thursday, May 21st. Argus boosted their price target on Lowe’s Companies from $286.00 to $288.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Finally, William Blair assumed coverage on Lowe’s Companies in a report on Tuesday, May 12th. They issued an “overweight” rating on the stock. Twenty-three analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $264.57.

Lowe’s Companies Price Performance

Shares of Lowe’s Companies stock opened at $223.88 on Wednesday. The firm has a market cap of $125.53 billion, a price-to-earnings ratio of 18.92, a price-to-earnings-growth ratio of 2.78 and a beta of 0.86. The stock’s 50-day moving average is $228.01 and its 200-day moving average is $246.01. Lowe’s Companies, Inc. has a one year low of $203.40 and a one year high of $293.06.

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

Lowe’s Companies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 5th. Investors of record on Wednesday, July 22nd will be issued a dividend of $1.25 per share. The ex-dividend date is Wednesday, July 22nd. This is a boost from Lowe’s Companies’s previous quarterly dividend of $1.20. This represents a $5.00 annualized dividend and a yield of 2.2%. Lowe’s Companies’s dividend payout ratio is currently 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.