Signal Advisors Wealth LLC Buys 2,904 Shares of Lowe’s Companies, Inc. $LOW

Signal Advisors Wealth LLC grew its stake in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 20.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,153 shares of the home improvement retailer’s stock after acquiring an additional 2,904 shares during the quarter. Signal Advisors Wealth LLC’s holdings in Lowe’s Companies were worth $4,137,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Ferguson Wellman Capital Management Inc. grew its position in Lowe’s Companies by 0.8% during the 4th quarter. Ferguson Wellman Capital Management Inc. now owns 5,814 shares of the home improvement retailer’s stock valued at $1,402,000 after purchasing an additional 45 shares during the last quarter. Perkins Coie Trust Co grew its holdings in shares of Lowe’s Companies by 31.3% during the fourth quarter. Perkins Coie Trust Co now owns 419 shares of the home improvement retailer’s stock valued at $101,000 after buying an additional 100 shares during the last quarter. First Merchants Corp raised its holdings in Lowe’s Companies by 0.9% in the 4th quarter. First Merchants Corp now owns 63,615 shares of the home improvement retailer’s stock worth $15,341,000 after acquiring an additional 557 shares during the last quarter. World Equity Group Inc. bought a new position in Lowe’s Companies in the 4th quarter valued at approximately $225,000. Finally, Tilia Fiduciary Partners Inc. boosted its stake in Lowe’s Companies by 2.9% during the 4th quarter. Tilia Fiduciary Partners Inc. now owns 11,352 shares of the home improvement retailer’s stock valued at $2,738,000 after purchasing an additional 323 shares during the last quarter. Institutional investors own 74.06% of the company’s stock.

Insider Buying and Selling at Lowe’s Companies

In related news, CEO Marvin R. Ellison sold 18,000 shares of the stock in a transaction dated Friday, January 9th. The stock was 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 owned 231,043 shares in the company, valued at approximately $60,341,500.31. This trade represents a 7.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.27% of the stock is currently owned by company insiders.

Lowe’s Companies Trading Up 0.8%

Lowe’s Companies stock opened at $236.28 on Thursday. Lowe’s Companies, Inc. has a 12-month low of $206.38 and a 12-month high of $293.06. The firm has a market capitalization of $132.54 billion, a price-to-earnings ratio of 19.94, a P/E/G ratio of 5.09 and a beta of 0.98. The firm has a 50 day moving average of $264.20 and a 200 day moving average of $252.64.

Lowe’s Companies (NYSE:LOW) last posted its quarterly earnings results on Wednesday, February 25th. The home improvement retailer reported $1.98 earnings per share for the quarter, topping analysts’ consensus estimates of $1.94 by $0.04. The business had revenue of $20.59 billion during the quarter, compared to analyst estimates of $20.34 billion. Lowe’s Companies had a net margin of 7.71% and a negative return on equity of 61.40%. The company’s revenue was up 10.9% on a year-over-year basis. During the same period in the prior year, the business posted $1.93 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. On average, analysts predict that Lowe’s Companies, Inc. will post 11.9 EPS for the current year.

Lowe’s Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 6th. Stockholders of record on Wednesday, April 22nd will be paid 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 2.0%. Lowe’s Companies’s dividend payout ratio is 40.51%.

Analysts Set New Price Targets

Several equities research analysts recently commented on LOW shares. Wells Fargo & Company increased their price objective on Lowe’s Companies from $280.00 to $290.00 and gave the company an “overweight” rating in a research report on Thursday, February 26th. Mizuho boosted their price objective on shares of Lowe’s Companies from $272.00 to $294.00 and gave the company an “outperform” rating in a report on Friday, February 27th. Wolfe Research dropped their target price on shares of Lowe’s Companies from $285.00 to $284.00 and set an “outperform” rating on the stock in a report on Wednesday, February 4th. KGI Securities began coverage on shares of Lowe’s Companies in a research note on Tuesday, March 10th. They set a “neutral” rating and a $255.00 target price for the company. Finally, Morgan Stanley increased their price objective on shares of Lowe’s Companies from $270.00 to $296.00 and gave the stock an “overweight” rating in a research note on Thursday, January 15th. Twenty-two research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, Lowe’s Companies has an average rating of “Moderate Buy” and a consensus price target of $289.76.

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.