Triglav Investments D.O.O. Sells 3,000 Shares of Lowe’s Companies, Inc. $LOW

Triglav Investments D.O.O. trimmed its holdings in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 5.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,010 shares of the home improvement retailer’s stock after selling 3,000 shares during the period. Lowe’s Companies comprises about 0.8% of Triglav Investments D.O.O.’s portfolio, making the stock its 28th largest position. Triglav Investments D.O.O.’s holdings in Lowe’s Companies were worth $12,784,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Providence Wealth Advisors LLC boosted its holdings in shares of Lowe’s Companies by 0.5% in the 4th quarter. Providence Wealth Advisors LLC now owns 7,969 shares of the home improvement retailer’s stock valued at $1,959,000 after buying an additional 36 shares in the last quarter. Rather & Kittrell Inc. boosted its holdings in shares of Lowe’s Companies by 0.4% in the 4th quarter. Rather & Kittrell Inc. now owns 10,379 shares of the home improvement retailer’s stock valued at $2,503,000 after buying an additional 38 shares in the last quarter. Walkner Condon Financial Advisors LLC boosted its holdings in shares of Lowe’s Companies by 4.3% in the 4th quarter. Walkner Condon Financial Advisors LLC now owns 945 shares of the home improvement retailer’s stock valued at $228,000 after buying an additional 39 shares in the last quarter. Berger Financial Group Inc boosted its holdings in shares of Lowe’s Companies by 3.6% in the 4th quarter. Berger Financial Group Inc now owns 1,165 shares of the home improvement retailer’s stock valued at $281,000 after buying an additional 40 shares in the last quarter. Finally, S&CO Inc. boosted its holdings in shares of Lowe’s Companies by 0.6% in the 4th quarter. S&CO Inc. now owns 6,403 shares of the home improvement retailer’s stock valued at $1,544,000 after buying an additional 40 shares in the last quarter. 74.06% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Wells Fargo & Company lowered their price target on shares of Lowe’s Companies from $260.00 to $255.00 and set an “overweight” rating on the stock in a report on Thursday, May 21st. William Blair assumed coverage on shares of Lowe’s Companies in a report on Tuesday, May 12th. They issued an “overweight” rating on the stock. Telsey Advisory Group lowered their price target on shares of Lowe’s Companies from $295.00 to $280.00 and set an “outperform” rating on the stock in a report on Thursday, May 21st. BTIG Research cut shares of Lowe’s Companies to a “reduce” rating in a report on Tuesday, May 12th. Finally, Piper Sandler lowered their price target on shares of Lowe’s Companies from $300.00 to $276.00 and set an “overweight” rating on the stock in a 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 issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $264.57.

Lowe’s Companies Stock Down 1.6%

LOW stock opened at $214.45 on Friday. The firm has a 50 day moving average of $232.49 and a 200 day moving average of $247.36. The stock has a market capitalization of $120.11 billion, a PE ratio of 18.13, a price-to-earnings-growth ratio of 2.75 and a beta of 0.91. Lowe’s Companies, Inc. has a 52 week low of $208.00 and a 52 week high of $293.06.

Lowe’s Companies (NYSE:LOW) last released its earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 EPS for the quarter, topping analysts’ consensus estimates of $2.97 by $0.06. The company had revenue of $23.08 billion during the quarter, compared to analysts’ expectations of $22.98 billion. Lowe’s Companies had a net margin of 7.51% and a negative return on equity of 67.96%. Lowe’s Companies’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same period last year, the business earned $2.92 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. On average, equities research analysts expect that Lowe’s Companies, Inc. will post 12.5 earnings per share for the current year.

Lowe’s Companies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 5th. Investors of record on Wednesday, July 22nd will be paid a $1.25 dividend. This is a boost from Lowe’s Companies’s previous quarterly dividend of $1.20. The ex-dividend date is Wednesday, July 22nd. This represents a $5.00 dividend on an annualized basis and a yield of 2.3%. Lowe’s Companies’s dividend payout ratio (DPR) is 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.