BW Gestao de Investimentos Ltda. Grows Stake in Lowe’s Companies, Inc. $LOW

BW Gestao de Investimentos Ltda. grew its holdings in Lowe’s Companies, Inc. (NYSE:LOW) by 826.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 29,783 shares of the home improvement retailer’s stock after acquiring an additional 26,568 shares during the period. BW Gestao de Investimentos Ltda.’s holdings in Lowe’s Companies were worth $7,182,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. OLD Second National Bank of Aurora boosted its position 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 bought a new stake in shares of Lowe’s Companies during the third quarter valued at approximately $31,000. Triumph Capital Management bought a new stake in shares of Lowe’s Companies during the third quarter valued at approximately $34,000. Guerra Advisors Inc bought a new stake in shares of Lowe’s Companies during the third quarter valued at approximately $35,000. Finally, Financial Life Planners purchased a new position in Lowe’s Companies during the third quarter valued at $36,000. 74.06% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently weighed in on LOW. DA Davidson restated a “neutral” rating and set a $275.00 price target on shares of Lowe’s Companies in a report on Wednesday, May 20th. Benchmark began coverage on Lowe’s Companies in a research note on Tuesday, May 12th. They issued a “hold” rating for the company. Robert W. Baird decreased their price target on Lowe’s Companies from $320.00 to $270.00 and set an “outperform” rating for the company in a research note on Thursday, May 21st. Wolfe Research set a $254.00 price target on Lowe’s Companies in a research note on Thursday, May 21st. Finally, Truist Financial reduced their price objective on Lowe’s Companies from $280.00 to $255.00 and set a “buy” 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 given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Lowe’s Companies presently has an average rating of “Moderate Buy” and a consensus price target of $264.57.

Lowe’s Companies Stock Down 3.1%

NYSE LOW opened at $207.62 on Tuesday. The business has a 50-day moving average price of $232.06 and a 200-day moving average price of $247.26. Lowe’s Companies, Inc. has a twelve month low of $207.55 and a twelve month high of $293.06. The firm has a market cap of $116.41 billion, a price-to-earnings ratio of 17.55, a price-to-earnings-growth ratio of 2.70 and a beta of 0.87.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 EPS for the quarter, beating analysts’ consensus estimates 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 company had revenue of $23.08 billion during the quarter, compared to analyst estimates of $22.98 billion. During the same period in the prior year, the company earned $2.92 earnings per share. 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. Research analysts expect that Lowe’s Companies, Inc. will post 12.5 EPS 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. Stockholders of record on Wednesday, July 22nd will be issued a $1.25 dividend. The ex-dividend date is Wednesday, July 22nd. This is a positive change from Lowe’s Companies’s previous quarterly dividend of $1.20. This represents a $5.00 annualized dividend and a dividend yield of 2.4%. Lowe’s Companies’s dividend payout ratio (DPR) is currently 40.57%.

Lowe’s Companies 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.