Lowe’s Companies, Inc. $LOW Shares Acquired by KMG Fiduciary Partners LLC

KMG Fiduciary Partners LLC grew its holdings in Lowe’s Companies, Inc. (NYSE:LOW) by 5.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 42,979 shares of the home improvement retailer’s stock after acquiring an additional 2,184 shares during the period. KMG Fiduciary Partners LLC’s holdings in Lowe’s Companies were worth $10,365,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in LOW. Activest Wealth Management boosted its holdings in Lowe’s Companies by 78.5% in the third quarter. Activest Wealth Management now owns 116 shares of the home improvement retailer’s stock valued at $29,000 after purchasing an additional 51 shares during the last quarter. Howard Hughes Medical Institute purchased a new position in shares of Lowe’s Companies during the 2nd quarter valued at about $27,000. United Financial Planning Group LLC purchased a new position in shares of Lowe’s Companies during the 3rd quarter valued at about $31,000. Triumph Capital Management acquired a new position in shares of Lowe’s Companies in the 3rd quarter valued at about $34,000. Finally, Guerra Advisors Inc acquired a new position in shares of Lowe’s Companies in the 3rd quarter valued at about $35,000. Hedge funds and other institutional investors own 74.06% of the company’s stock.

Insider Transactions at Lowe’s Companies

In other Lowe’s Companies news, CEO Marvin R. Ellison sold 18,000 shares of the stock in a transaction 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 transaction, the chief executive officer directly owned 231,043 shares of the company’s stock, valued at $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 is accessible through this hyperlink. 0.27% of the stock is currently owned by insiders.

Lowe’s Companies Trading Down 2.5%

Shares of LOW opened at $230.07 on Friday. The firm has a market cap of $128.85 billion, a P/E ratio of 19.42, a PEG ratio of 5.13 and a beta of 0.98. Lowe’s Companies, Inc. has a 12 month low of $206.38 and a 12 month high of $293.06. The stock’s 50 day moving average is $262.43 and its two-hundred day moving average is $252.23.

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

Lowe’s Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 6th. Shareholders of record on Wednesday, April 22nd will be given a dividend of $1.20 per share. The ex-dividend date is Wednesday, April 22nd. This represents a $4.80 dividend on an annualized basis and a yield of 2.1%. Lowe’s Companies’s dividend payout ratio is currently 40.51%.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. KGI Securities assumed coverage on Lowe’s Companies in a report on Tuesday, March 10th. They set a “neutral” rating and a $255.00 target price on the stock. Argus boosted their price target on Lowe’s Companies from $286.00 to $288.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Wells Fargo & Company upped their price objective on Lowe’s Companies from $280.00 to $290.00 and gave the stock an “overweight” rating in a research report on Thursday, February 26th. The Goldman Sachs Group raised their price objective on shares of Lowe’s Companies from $283.00 to $300.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. Finally, Citigroup lifted their target price on shares of Lowe’s Companies from $250.00 to $285.00 and gave the company a “neutral” rating in a report on Thursday, February 12th. Twenty-two investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $289.76.

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.