CENTRAL TRUST Co Sells 2,945 Shares of Lowe’s Companies, Inc. $LOW

CENTRAL TRUST Co cut its position in Lowe’s Companies, Inc. (NYSE:LOW) by 11.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,201 shares of the home improvement retailer’s stock after selling 2,945 shares during the quarter. CENTRAL TRUST Co’s holdings in Lowe’s Companies were worth $5,246,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC raised its holdings in shares of Lowe’s Companies by 119.7% during the 4th quarter. Brighton Jones LLC now owns 31,965 shares of the home improvement retailer’s stock worth $7,889,000 after buying an additional 17,413 shares in the last quarter. Revolve Wealth Partners LLC boosted its stake in Lowe’s Companies by 31.6% in the fourth quarter. Revolve Wealth Partners LLC now owns 1,078 shares of the home improvement retailer’s stock valued at $266,000 after buying an additional 259 shares in the last quarter. Sivia Capital Partners LLC boosted its stake in Lowe’s Companies by 22.3% in the second quarter. Sivia Capital Partners LLC now owns 1,534 shares of the home improvement retailer’s stock valued at $340,000 after buying an additional 280 shares in the last quarter. United Bank grew its position in Lowe’s Companies by 1.3% in the second quarter. United Bank now owns 12,124 shares of the home improvement retailer’s stock valued at $2,690,000 after acquiring an additional 155 shares during the last quarter. Finally, Schnieders Capital Management LLC. grew its position in Lowe’s Companies by 13.1% in the second quarter. Schnieders Capital Management LLC. now owns 2,378 shares of the home improvement retailer’s stock valued at $528,000 after acquiring an additional 275 shares during the last quarter. Institutional investors own 74.06% of the company’s stock.

Key Lowe’s Companies News

Here are the key news stories impacting Lowe’s Companies this week:

• Positive Sentiment: Lowe’s launched Creator: Into the Blue, a new program that lets creators pitch product ideas for possible retail distribution, supporting brand engagement and potentially opening a new product pipeline. Lowe’s is Calling on Creators to Help Design and Launch New Products
• Positive Sentiment: The company also expanded its MyLowe’s Rewards program through a partnership with Live Nation, which could help deepen customer loyalty and improve engagement beyond the store. Is Lowe’s (LOW) Entertainment-Focused Loyalty Push a New Edge in Customer Engagement?
• Neutral Sentiment: Investor attention remains high on Lowe’s after several articles compared it with Home Depot and highlighted its role in the housing recovery trade, keeping the stock in focus but not changing the core outlook. Lowe’s Companies, Inc. (LOW) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Lowe’s drew added scrutiny after an executive disclosed a stock sale, but the transaction was relatively small and does not by itself signal a major change in fundamentals. Lowe’s Companies (NYSE:LOW) EVP Margrethe Vagell Sells 2,500 Shares of Stock
• Negative Sentiment: Recent commentary on Lowe’s noted that housing and macro pressures are still weighing on sentiment, and a prior selloff after the Fed held rates steady suggests investors remain cautious about demand trends. Why Home Depot and Lowe’s Fell After the Fed Held Interest Rates Steady.

Insider Buying and Selling at Lowe’s Companies

In other news, EVP Juliette Williams Pryor sold 9,330 shares of the firm’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $224.81, for a total transaction of $2,097,477.30. Following the completion of the transaction, the executive vice president owned 16,142 shares of the company’s stock, valued at approximately $3,628,883.02. This trade represents a 36.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Janice Dupre sold 14,150 shares of Lowe’s Companies stock in a transaction 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 transaction, the executive vice president owned 39,785 shares in the company, valued at approximately $8,828,291.50. This trade represents a 26.24% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 25,980 shares of company stock worth $5,796,937. 0.29% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Sanford C. Bernstein lowered their target price on Lowe’s Companies from $303.00 to $281.00 and set an “outperform” rating for the company in a research note on Thursday, May 14th. Evercore decreased their price target on shares of Lowe’s Companies from $250.00 to $230.00 in a report on Thursday, May 21st. Raymond James Financial cut shares of Lowe’s Companies from a “market perform” rating to a “market perform” rating in a research report on Tuesday, May 12th. Stifel Nicolaus lowered their price objective 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. Finally, DA Davidson reissued a “neutral” rating and issued a $275.00 price objective on shares of Lowe’s Companies in a research note on Wednesday, May 20th. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $264.57.

Lowe’s Companies Trading Down 0.2%

Lowe’s Companies stock opened at $213.96 on Wednesday. The stock has a 50-day moving average price of $225.74 and a two-hundred day moving average price of $245.08. Lowe’s Companies, Inc. has a 12 month low of $203.40 and a 12 month high of $293.06. The company has a market capitalization of $119.97 billion, a PE ratio of 18.09, a P/E/G ratio of 2.71 and a beta of 0.86.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings data on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.97 by $0.06. The company had revenue of $23.08 billion during the quarter, compared to the consensus estimate of $22.98 billion. Lowe’s Companies had a negative return on equity of 67.96% and a net margin of 7.51%.The firm’s revenue was up 10.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.92 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. As a group, 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 firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 5th. Shareholders of record on Wednesday, July 22nd will be given a $1.25 dividend. This is an increase 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 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.