Juliette Williams Pryor Sells 9,330 Shares of Lowe’s Companies (NYSE:LOW) Stock

Lowe’s Companies, Inc. (NYSE:LOW) EVP Juliette Williams Pryor sold 9,330 shares of the business’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $224.81, for a total value of $2,097,477.30. Following the sale, the executive vice president owned 16,142 shares in the company, valued at approximately $3,628,883.02. The trade was a 36.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Lowe’s Companies Price Performance

Shares of Lowe’s Companies stock opened at $222.10 on Friday. Lowe’s Companies, Inc. has a 1 year low of $203.40 and a 1 year high of $293.06. The business has a 50 day moving average price of $227.02 and a 200 day moving average price of $245.52. The company has a market capitalization of $124.53 billion, a P/E ratio of 18.77, a P/E/G ratio of 2.81 and a beta of 0.86.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share for the quarter, topping the consensus estimate of $2.97 by $0.06. Lowe’s Companies had a negative return on equity of 67.96% and a net margin of 7.51%.The company had revenue of $23.08 billion during the quarter, compared to the consensus estimate of $22.98 billion. During the same quarter last year, the business posted $2.92 earnings per share. Lowe’s Companies’s revenue 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. As a group, research analysts expect that Lowe’s Companies, Inc. will post 12.48 EPS for the current fiscal year.

Lowe’s Companies Increases Dividend

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Swiss RE Ltd. acquired a new stake in shares of Lowe’s Companies in the fourth quarter worth $25,000. Wilkerson Advisory Group LLC purchased a new position in shares of Lowe’s Companies in the 4th quarter valued at $27,000. OLD Second National Bank of Aurora lifted its holdings in shares of Lowe’s Companies by 52.5% during 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 acquiring an additional 42 shares in the last quarter. United Financial Planning Group LLC purchased a new stake in Lowe’s Companies during the 3rd quarter worth $31,000. Finally, Sankala Group LLC purchased a new stake in Lowe’s Companies during the 4th quarter worth $33,000. 74.06% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

LOW has been the subject of a number of research analyst reports. HSBC dropped their price objective on shares of Lowe’s Companies from $260.00 to $220.00 and set a “hold” rating for the company in a research note on Thursday, May 21st. Weiss Ratings downgraded shares of Lowe’s Companies from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, June 4th. Evercore dropped their price target on shares of Lowe’s Companies from $250.00 to $230.00 in a research report on Thursday, May 21st. Robert W. Baird cut their price target on shares of Lowe’s Companies from $320.00 to $270.00 and set an “outperform” rating on the stock in a research note on Thursday, May 21st. Finally, Gordon Haskett cut their price target on shares of Lowe’s Companies from $280.00 to $250.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. Twenty-three equities 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 stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target 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.