Diversify Wealth Management LLC Acquires 4,185 Shares of Lowe’s Companies, Inc. $LOW

Diversify Wealth Management LLC raised its holdings in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 44.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,505 shares of the home improvement retailer’s stock after purchasing an additional 4,185 shares during the quarter. Diversify Wealth Management LLC’s holdings in Lowe’s Companies were worth $3,154,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in LOW. Vanguard Group Inc. boosted its holdings in shares of Lowe’s Companies by 1.7% during the 4th quarter. Vanguard Group Inc. now owns 56,230,787 shares of the home improvement retailer’s stock worth $13,560,617,000 after buying an additional 924,625 shares during the period. State Street Corp raised its holdings in Lowe’s Companies by 0.5% in the 3rd quarter. State Street Corp now owns 25,036,276 shares of the home improvement retailer’s stock valued at $6,291,867,000 after acquiring an additional 124,501 shares during the period. Geode Capital Management LLC lifted its position in Lowe’s Companies by 7.1% during the fourth quarter. Geode Capital Management LLC now owns 13,326,581 shares of the home improvement retailer’s stock worth $3,201,329,000 after acquiring an additional 887,579 shares during the last quarter. Norges Bank bought a new stake in shares of Lowe’s Companies during the fourth quarter worth approximately $1,993,697,000. Finally, Northern Trust Corp grew its position in shares of Lowe’s Companies by 1.5% in the third quarter. Northern Trust Corp now owns 6,830,080 shares of the home improvement retailer’s stock valued at $1,716,467,000 after purchasing an additional 103,827 shares during the last quarter. 74.06% of the stock is owned by institutional investors.

Insider Activity at Lowe’s Companies

In other Lowe’s Companies news, EVP Juliette Williams Pryor sold 9,330 shares of the firm’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 of the company’s stock, valued at approximately $3,628,883.02. This trade represents a 36.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Margrethe R. Vagell sold 2,500 shares of Lowe’s Companies stock in a transaction 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 completion of the transaction, the executive vice president owned 20,220 shares in the company, valued at approximately $4,525,842.60. The trade was a 11.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 25,980 shares of company stock valued at $5,796,937 over the last three months. 0.29% of the stock is owned by insiders.

Lowe’s Companies Stock Down 1.8%

LOW stock opened at $207.73 on Tuesday. Lowe’s Companies, Inc. has a 52 week low of $203.40 and a 52 week high of $293.06. The business has a 50-day simple moving average of $218.57 and a 200 day simple moving average of $242.49. The company has a market cap of $116.48 billion, a PE ratio of 17.56, a price-to-earnings-growth ratio of 2.67 and a beta of 0.86.

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

Lowe’s Companies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 5th. Investors of record on Wednesday, July 22nd will be given a dividend of $1.25 per share. The ex-dividend date is Wednesday, July 22nd. This represents a $5.00 annualized dividend and a dividend yield of 2.4%. This is a positive change from Lowe’s Companies’s previous quarterly dividend of $1.20. Lowe’s Companies’s dividend payout ratio (DPR) is 40.57%.

Analyst Ratings Changes

Several analysts recently weighed in on LOW shares. KeyCorp dropped their price target on Lowe’s Companies from $300.00 to $275.00 and set an “overweight” rating for the company in a report on Thursday, May 21st. Evercore decreased their price objective on Lowe’s Companies from $250.00 to $230.00 in a report on Thursday, May 21st. Craig Hallum upgraded Lowe’s Companies to a “buy” rating in a research report on Tuesday, May 12th. Mizuho dropped their target price on Lowe’s Companies from $294.00 to $280.00 and set an “outperform” rating for the company in a report on Thursday, May 21st. Finally, Royal Bank Of Canada reduced their target price on shares of Lowe’s Companies from $264.00 to $232.00 and set a “sector perform” rating for the company in a research report on Thursday, May 21st. Twenty-three research 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’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $264.57.

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.