North Dakota State Investment Board Makes New $4.74 Million Investment in Lowe’s Companies, Inc. $LOW

North Dakota State Investment Board purchased a new position in shares of Lowe’s Companies, Inc. (NYSE:LOW) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 19,672 shares of the home improvement retailer’s stock, valued at approximately $4,744,000.

A number of other institutional investors also recently bought and sold shares of the business. Maj Invest Holding A S boosted its position in Lowe’s Companies by 15.7% during the 3rd quarter. Maj Invest Holding A S now owns 802,990 shares of the home improvement retailer’s stock worth $201,801,000 after acquiring an additional 108,813 shares during the period. Bridges Investment Management Inc. boosted its position in Lowe’s Companies by 13.4% during the 3rd quarter. Bridges Investment Management Inc. now owns 420,832 shares of the home improvement retailer’s stock worth $105,759,000 after acquiring an additional 49,858 shares during the period. Facet Wealth Inc. acquired a new position in Lowe’s Companies during the 3rd quarter worth $558,000. Jefferies Financial Group Inc. boosted its position in Lowe’s Companies by 134.3% during the 3rd quarter. Jefferies Financial Group Inc. now owns 56,252 shares of the home improvement retailer’s stock worth $14,137,000 after acquiring an additional 32,240 shares during the period. Finally, Brighton Jones LLC boosted its position in Lowe’s Companies by 119.7% during the 4th quarter. Brighton Jones LLC now owns 31,965 shares of the home improvement retailer’s stock worth $7,889,000 after acquiring an additional 17,413 shares during the period. 74.06% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Lowe’s Companies

Here are the key news stories impacting Lowe’s Companies this week:

• Positive Sentiment: Analyst commentary remains constructive overall, with Truist and Sanford C. Bernstein both maintaining bullish ratings on Lowe’s while trimming price targets, suggesting Wall Street still sees upside from current levels. Read More
• Positive Sentiment: Investors are looking ahead to Lowe’s Q1 earnings, where Wall Street expects detailed metrics and guidance to help confirm whether recent weakness is temporary or reflects a softer home-improvement demand backdrop. Article Title
• Neutral Sentiment: Lowe’s launched a new “Epically More Messi” marketing campaign tied to loyalty members and the upcoming soccer event, which could support engagement and brand visibility but is not likely a major near-term earnings driver. Article Title
• Neutral Sentiment: Recent articles highlight Lowe’s long-term stock performance and label it a depressed or growth-worthy stock, reinforcing valuation appeal more than changing the near-term operating outlook. Article Title
• Negative Sentiment: The stock has been weighed by recent price-target cuts from multiple firms, including Sanford C. Bernstein and Truist, which signal some caution around the pace of recovery even though ratings remain positive. Article Title
• Negative Sentiment: Broader retail and housing-related concerns remain a headwind, with coverage noting pressure from a softer housing market and shopper sensitivity to retail-theft-related measures in stores. Article Title

Wall Street Analysts Forecast Growth

LOW has been the subject of several research analyst reports. JPMorgan Chase & Co. upped their price objective on Lowe’s Companies from $300.00 to $325.00 and gave the company an “overweight” rating in a report on Monday, February 9th. Rothschild & Co Redburn upped their price objective on Lowe’s Companies from $280.00 to $290.00 and gave the company a “buy” rating in a report on Thursday, February 26th. TD Cowen initiated coverage on Lowe’s Companies in a report on Tuesday, May 12th. They issued a “neutral” rating for the company. DA Davidson restated a “neutral” rating and issued a $275.00 price objective on shares of Lowe’s Companies in a report on Thursday, February 26th. Finally, Weiss Ratings lowered Lowe’s Companies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 4th. Twenty-two investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $286.17.

Lowe’s Companies Stock Up 0.1%

Shares of Lowe’s Companies stock opened at $218.54 on Monday. The business has a fifty day simple moving average of $238.04 and a 200-day simple moving average of $248.86. The firm has a market cap of $122.39 billion, a price-to-earnings ratio of 18.44, a price-to-earnings-growth ratio of 4.18 and a beta of 0.91. Lowe’s Companies, Inc. has a fifty-two week low of $210.33 and a fifty-two week high of $293.06.

Lowe’s Companies (NYSE:LOW) last announced its earnings results on Wednesday, February 25th. The home improvement retailer reported $1.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.94 by $0.04. The company had revenue of $20.59 billion for the quarter, compared to analyst estimates 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 for the quarter was up 10.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.93 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. Analysts anticipate that Lowe’s Companies, Inc. will post 12.61 earnings per share for the current fiscal year.

Lowe’s Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Wednesday, April 22nd were given a dividend of $1.20 per share. The ex-dividend date of this dividend was Wednesday, April 22nd. This represents a $4.80 dividend on an annualized basis and a dividend yield of 2.2%. Lowe’s Companies’s payout ratio is 40.51%.

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.