Lowe’s Companies, Inc. $LOW Position Raised by MUFG Securities EMEA plc

MUFG Securities EMEA plc increased its position in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 114.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,983 shares of the home improvement retailer’s stock after purchasing an additional 12,256 shares during the period. MUFG Securities EMEA plc’s holdings in Lowe’s Companies were worth $5,543,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. United Financial Planning Group LLC bought a new stake in Lowe’s Companies during the third quarter worth approximately $31,000. OLD Second National Bank of Aurora raised its holdings in Lowe’s Companies by 52.5% during the fourth quarter. OLD Second National Bank of Aurora now owns 122 shares of the home improvement retailer’s stock worth $29,000 after purchasing an additional 42 shares in the last quarter. Triumph Capital Management bought a new stake in Lowe’s Companies during the third quarter worth approximately $34,000. Guerra Advisors Inc bought a new stake in Lowe’s Companies during the third quarter worth approximately $35,000. Finally, Financial Life Planners bought a new stake in Lowe’s Companies during the third quarter worth approximately $36,000. Institutional investors own 74.06% of the company’s stock.

Lowe’s Companies Stock Up 0.0%

Shares of NYSE:LOW opened at $214.45 on Monday. The company’s fifty day moving average is $232.49 and its two-hundred day moving average is $247.46. Lowe’s Companies, Inc. has a 12-month low of $208.00 and a 12-month high of $293.06. The company has a market cap of $120.25 billion, a P/E ratio of 18.13, a price-to-earnings-growth ratio of 2.70 and a beta of 0.87.

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

Lowe’s Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 5th. Shareholders of record on Wednesday, July 22nd will be paid a dividend of $1.25 per share. This is an increase from Lowe’s Companies’s previous quarterly dividend of $1.20. The ex-dividend date of this dividend is Wednesday, July 22nd. This represents a $5.00 annualized dividend and a yield of 2.3%. Lowe’s Companies’s dividend payout ratio (DPR) is presently 40.57%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on LOW. BNP Paribas Exane dropped their price target on Lowe’s Companies from $228.00 to $202.00 and set an “underperform” rating on the stock in a report on Thursday, May 21st. HSBC dropped their price target on Lowe’s Companies from $260.00 to $220.00 and set a “hold” rating on the stock in a report on Thursday, May 21st. Royal Bank Of Canada dropped their price target on Lowe’s Companies from $264.00 to $232.00 and set a “sector perform” rating on the stock in a report on Thursday, May 21st. BTIG Research cut Lowe’s Companies to a “reduce” rating in a report on Tuesday, May 12th. Finally, Wolfe Research set a $254.00 price target on Lowe’s Companies in a report on Thursday, May 21st. Twenty-three analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Lowe’s Companies has an average rating of “Moderate Buy” and a consensus price target of $264.57.

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.