Commonwealth of Pennsylvania Public School Empls Retrmt SYS Sells 4,131 Shares of Lowe’s Companies, Inc. $LOW

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lowered its position in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 3.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 130,451 shares of the home improvement retailer’s stock after selling 4,131 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Lowe’s Companies were worth $31,460,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Welch & Forbes LLC lifted its holdings in Lowe’s Companies by 1.3% during the 4th quarter. Welch & Forbes LLC now owns 14,482 shares of the home improvement retailer’s stock worth $3,492,000 after buying an additional 189 shares during the period. Impact Partnership Wealth LLC lifted its holdings in Lowe’s Companies by 81.8% during the 4th quarter. Impact Partnership Wealth LLC now owns 1,802 shares of the home improvement retailer’s stock worth $434,000 after buying an additional 811 shares during the period. Forsta AP Fonden lifted its holdings in Lowe’s Companies by 5.2% during the 4th quarter. Forsta AP Fonden now owns 202,600 shares of the home improvement retailer’s stock worth $48,859,000 after buying an additional 10,100 shares during the period. Norges Bank acquired a new position in Lowe’s Companies during the 4th quarter worth about $1,993,697,000. Finally, Eurizon Capital SGR S.p.A. acquired a new position in Lowe’s Companies during the 4th quarter worth about $308,683,000. Institutional investors own 74.06% of the company’s stock.

Lowe’s Companies Stock Performance

LOW stock opened at $214.45 on Monday. The stock’s 50 day simple moving average is $232.49 and its 200 day simple moving average is $247.46. Lowe’s Companies, Inc. has a fifty-two week low of $208.00 and a fifty-two week high of $293.06. The company has a market cap of $120.25 billion, a P/E ratio of 18.13, a price-to-earnings-growth ratio of 2.70 and a beta of 0.87.

Lowe’s Companies (NYSE:LOW) last issued its quarterly earnings data on Wednesday, May 20th. The home improvement retailer reported $3.03 EPS for the quarter, topping analysts’ consensus estimates of $2.97 by $0.06. The firm had revenue of $23.08 billion during the quarter, compared to analyst estimates of $22.98 billion. Lowe’s Companies had a negative return on equity of 67.96% and a net margin of 7.51%.The company’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same period in the previous year, the company posted $2.92 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. Equities analysts predict that Lowe’s Companies, Inc. will post 12.5 earnings per share for the current year.

Lowe’s Companies Increases Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend is Wednesday, July 22nd. 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. Lowe’s Companies’s dividend payout ratio is presently 40.57%.

Analysts Set New Price Targets

LOW has been the topic of several recent research reports. Wolfe Research set a $254.00 target price on Lowe’s Companies in a report on Thursday, May 21st. Benchmark initiated coverage on Lowe’s Companies in a report on Tuesday, May 12th. They set a “hold” rating on the stock. Raymond James Financial downgraded Lowe’s Companies from a “market perform” rating to a “market perform” rating in a report on Tuesday, May 12th. Wells Fargo & Company cut their target price on Lowe’s Companies from $260.00 to $255.00 and set an “overweight” rating on the stock in a report on Thursday, May 21st. Finally, The Goldman Sachs Group cut their target price on Lowe’s Companies from $300.00 to $293.00 and set a “buy” rating on the stock in a report on Thursday, May 21st. Twenty-three equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average 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.