Threadgill Financial LLC Lowers Position in Lowe’s Companies, Inc. $LOW

Threadgill Financial LLC trimmed its position in Lowe’s Companies, Inc. (NYSE:LOW) by 65.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 6,063 shares of the home improvement retailer’s stock after selling 11,475 shares during the period. Lowe’s Companies comprises 0.6% of Threadgill Financial LLC’s investment portfolio, making the stock its 24th largest position. Threadgill Financial LLC’s holdings in Lowe’s Companies were worth $1,462,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in LOW. Howard Hughes Medical Institute purchased a new stake in shares of Lowe’s Companies in the 2nd quarter worth about $27,000. Activest Wealth Management lifted its position in Lowe’s Companies by 78.5% during the 3rd quarter. Activest Wealth Management now owns 116 shares of the home improvement retailer’s stock valued at $29,000 after acquiring an additional 51 shares during the period. Vermillion & White Wealth Management Group LLC boosted its stake in Lowe’s Companies by 128.8% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 135 shares of the home improvement retailer’s stock worth $30,000 after acquiring an additional 76 shares in the last quarter. United Financial Planning Group LLC purchased a new stake in Lowe’s Companies in the third quarter worth about $31,000. Finally, Triumph Capital Management bought a new position in shares of Lowe’s Companies during the third quarter valued at approximately $34,000. Hedge funds and other institutional investors own 74.06% of the company’s stock.

Insider Activity

In related news, CEO Marvin R. Ellison sold 18,000 shares of the business’s stock in a transaction that occurred on Friday, January 9th. The shares were sold at an average price of $261.17, for a total transaction of $4,701,060.00. Following the completion of the sale, the chief executive officer directly owned 231,043 shares in the company, valued at approximately $60,341,500.31. The trade was a 7.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.27% of the company’s stock.

Lowe’s Companies Price Performance

LOW stock opened at $225.03 on Monday. Lowe’s Companies, Inc. has a 1 year low of $206.38 and a 1 year high of $293.06. The company has a market cap of $126.23 billion, a P/E ratio of 18.99, a price-to-earnings-growth ratio of 4.88 and a beta of 0.98. The stock’s fifty day moving average price is $266.50 and its 200-day moving average price is $253.22.

Lowe’s Companies (NYSE:LOW) last posted its earnings results on Wednesday, February 25th. The home improvement retailer reported $1.98 earnings per share for the quarter, beating analysts’ consensus estimates of $1.94 by $0.04. The company had revenue of $20.58 billion for the quarter, compared to the consensus estimate of $20.34 billion. Lowe’s Companies had a negative return on equity of 61.40% and a net margin of 7.71%.Lowe’s Companies’s revenue was up 10.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.93 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. As a group, analysts expect that Lowe’s Companies, Inc. will post 11.9 earnings per share for the current year.

Lowe’s Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 6th. Investors of record on Wednesday, April 22nd will be issued a $1.20 dividend. The ex-dividend date of this dividend is Wednesday, April 22nd. This represents a $4.80 dividend on an annualized basis and a dividend yield of 2.1%. Lowe’s Companies’s dividend payout ratio (DPR) is presently 40.51%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on LOW shares. JPMorgan Chase & Co. lifted their target price on shares of Lowe’s Companies from $300.00 to $325.00 and gave the company an “overweight” rating in a report on Monday, February 9th. Barclays raised Lowe’s Companies from an “equal weight” rating to an “overweight” rating and set a $285.00 price target for the company in a research report on Wednesday, January 7th. Argus upped their price target on shares of Lowe’s Companies from $286.00 to $288.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. Gordon Haskett reduced their price objective on shares of Lowe’s Companies from $325.00 to $300.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. Finally, Wolfe Research decreased their target price on shares of Lowe’s Companies from $285.00 to $284.00 and set an “outperform” rating for the company in a report on Wednesday, February 4th. Twenty-one investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $289.76.

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.