Lowe’s Companies (NYSE:LOW) EVP Margrethe Vagell Sells 2,500 Shares of Stock

Lowe’s Companies, Inc. (NYSE:LOW) EVP Margrethe Vagell sold 2,500 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $223.83, for a total value of $559,575.00. Following the transaction, the executive vice president directly owned 20,220 shares in the company, valued at approximately $4,525,842.60. This represents a 11.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Lowe’s Companies Stock Performance

Shares of NYSE LOW opened at $214.27 on Tuesday. Lowe’s Companies, Inc. has a fifty-two week low of $203.40 and a fifty-two week high of $293.06. The company has a market cap of $120.14 billion, a price-to-earnings ratio of 18.11, a PEG ratio of 2.81 and a beta of 0.87. The business’s 50 day moving average price is $226.35 and its 200-day moving average price is $245.32.

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

Lowe’s Companies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 5th. Stockholders of record on Wednesday, July 22nd will be given 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 is Wednesday, July 22nd. Lowe’s Companies’s dividend payout ratio is 40.57%.

Analyst Ratings Changes

A number of research firms have recently commented on LOW. Wolfe Research set a $254.00 price target on shares of Lowe’s Companies in a report on Thursday, May 21st. Oppenheimer decreased their price objective on shares of Lowe’s Companies from $315.00 to $275.00 and set an “outperform” rating for the company in a report on Monday, May 18th. Rothschild & Co Redburn boosted their price objective on shares of Lowe’s Companies from $280.00 to $290.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Truist Financial dropped their target price on shares of Lowe’s Companies from $280.00 to $255.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. Finally, Craig Hallum raised shares of Lowe’s Companies to a “buy” rating in a research report on Tuesday, May 12th. Twenty-three equities research 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. Based on data from MarketBeat.com, Lowe’s Companies currently has an average rating of “Moderate Buy” and a consensus target price of $264.57.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Swiss RE Ltd. bought a new stake in shares of Lowe’s Companies in the 4th quarter valued at about $25,000. Wilkerson Advisory Group LLC bought a new position in shares of Lowe’s Companies during the fourth quarter valued at approximately $27,000. OLD Second National Bank of Aurora boosted its stake in shares of Lowe’s Companies by 52.5% during 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 purchasing an additional 42 shares in the last quarter. United Financial Planning Group LLC purchased a new position in Lowe’s Companies during the third quarter valued at approximately $31,000. Finally, Sankala Group LLC bought a new position in Lowe’s Companies in the fourth quarter worth approximately $33,000. 74.06% of the stock is currently owned by institutional investors.

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.