Lowe’s Companies (NYSE:LOW) EVP Sells $3,139,885.00 in Stock

Lowe’s Companies, Inc. (NYSE:LOW) EVP Janice Dupre sold 14,150 shares of Lowe’s Companies stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $221.90, for a total transaction of $3,139,885.00. Following the sale, the executive vice president owned 39,785 shares of the company’s stock, valued at approximately $8,828,291.50. This represents a 26.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Lowe’s Companies Stock Performance

Shares of Lowe’s Companies stock opened at $222.10 on Friday. The firm has a fifty day moving average of $227.02 and a two-hundred day moving average of $245.52. The stock has a market capitalization of $124.53 billion, a price-to-earnings ratio of 18.77, a PEG ratio of 2.81 and a beta of 0.86. Lowe’s Companies, Inc. has a 52 week low of $203.40 and a 52 week high of $293.06.

Lowe’s Companies (NYSE:LOW) last posted its quarterly earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share (EPS) 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 business had revenue of $23.08 billion for the quarter, compared to analyst estimates of $22.98 billion. During the same period last year, the company earned $2.92 EPS. The firm’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, research analysts forecast that Lowe’s Companies, Inc. will post 12.48 EPS for the current fiscal year.

Lowe’s Companies Increases Dividend

The business also recently announced 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. 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. The ex-dividend date is Wednesday, July 22nd. Lowe’s Companies’s dividend payout ratio (DPR) is 40.57%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. HSBC decreased their target price on Lowe’s Companies from $260.00 to $220.00 and set a “hold” rating for the company in a research report on Thursday, May 21st. The Goldman Sachs Group reduced their price objective on shares of Lowe’s Companies from $300.00 to $293.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. Weiss Ratings cut shares of Lowe’s Companies from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, June 4th. Evercore lowered their target price on shares of Lowe’s Companies from $250.00 to $230.00 in a research note on Thursday, May 21st. Finally, BTIG Research lowered shares of Lowe’s Companies to a “reduce” rating in a report on Tuesday, May 12th. Twenty-three investment 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’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $264.57.

Institutional Trading of Lowe’s Companies

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

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.