Aptus Capital Advisors LLC Has $34.51 Million Stock Holdings in Lowe’s Companies, Inc. $LOW

Aptus Capital Advisors LLC lifted its holdings in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 4.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 143,084 shares of the home improvement retailer’s stock after buying an additional 5,475 shares during the period. Aptus Capital Advisors LLC’s holdings in Lowe’s Companies were worth $34,506,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of LOW. Swiss RE Ltd. acquired a new position in shares of Lowe’s Companies during the 4th quarter worth about $25,000. Wilkerson Advisory Group LLC acquired a new position in shares of Lowe’s Companies during the 4th quarter worth about $27,000. OLD Second National Bank of Aurora boosted its stake in shares of Lowe’s Companies by 52.5% during the 4th quarter. OLD Second National Bank of Aurora now owns 122 shares of the home improvement retailer’s stock worth $29,000 after buying an additional 42 shares during the last quarter. United Financial Planning Group LLC acquired a new stake in shares of Lowe’s Companies in the 3rd quarter valued at approximately $31,000. Finally, Triumph Capital Management bought a new position in shares of Lowe’s Companies in the third quarter valued at $34,000. 74.06% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on LOW. BNP Paribas Exane decreased their target price on shares of Lowe’s Companies from $228.00 to $202.00 and set an “underperform” rating for the company in a research note on Thursday, May 21st. DA Davidson reissued a “neutral” rating and issued a $275.00 target price on shares of Lowe’s Companies in a research note on Wednesday, May 20th. Oppenheimer decreased their target price on shares of Lowe’s Companies from $315.00 to $275.00 and set an “outperform” rating for the company in a research note on Monday, May 18th. UBS Group decreased their target price on shares of Lowe’s Companies from $315.00 to $285.00 and set a “buy” rating for the company in a research note on Thursday, May 21st. Finally, Jefferies Financial Group decreased their target price on shares of Lowe’s Companies from $305.00 to $278.00 and set a “buy” rating for the company in a research note on Thursday, May 21st. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $264.57.

Lowe’s Companies Price Performance

Shares of Lowe’s Companies stock opened at $220.57 on Friday. The business has a fifty day simple moving average of $228.38 and a two-hundred day simple moving average of $246.14. Lowe’s Companies, Inc. has a 1 year low of $203.40 and a 1 year high of $293.06. The company has a market capitalization of $123.67 billion, a price-to-earnings ratio of 18.64, a P/E/G ratio of 2.79 and a beta of 0.86.

Lowe’s Companies (NYSE:LOW) last announced its quarterly 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 negative return on equity of 67.96% and a net margin of 7.51%.The business had revenue of $23.08 billion during the quarter, compared to the consensus estimate of $22.98 billion. During the same quarter last year, the firm posted $2.92 EPS. The company’s quarterly 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. As a group, equities analysts anticipate that Lowe’s Companies, Inc. will post 12.48 earnings per share for the current fiscal year.

Lowe’s Companies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 5th. Shareholders of record on Wednesday, July 22nd will be issued a dividend of $1.25 per share. The ex-dividend date of this dividend is Wednesday, July 22nd. This represents a $5.00 annualized dividend and a yield of 2.3%. This is a positive change from Lowe’s Companies’s previous quarterly dividend of $1.20. Lowe’s Companies’s payout ratio is 40.57%.

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.