Lowe’s Companies’ (LOW) “Sector Perform” Rating Reiterated at Royal Bank Of Canada

Lowe’s Companies (NYSE:LOW)‘s stock had its “sector perform” rating reaffirmed by stock analysts at Royal Bank Of Canada in a research note issued to investors on Thursday,Benzinga reports. They currently have a $231.00 price objective on the home improvement retailer’s stock. Royal Bank Of Canada’s target price would suggest a potential upside of 5.63% from the company’s current price.

Other analysts have also recently issued reports about the company. Oppenheimer reduced their price objective on Lowe’s Companies from $315.00 to $275.00 and set an “outperform” rating on the stock in a research note on Monday, May 18th. Weiss Ratings downgraded shares of Lowe’s Companies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday. William Blair initiated coverage on Lowe’s Companies in a report on Tuesday, May 12th. They issued an “overweight” rating on the stock. DA Davidson reissued a “neutral” rating and issued a $245.00 price target on shares of Lowe’s Companies in a report on Wednesday. Finally, KeyCorp reissued an “overweight” rating and issued a $275.00 price objective on shares of Lowe’s Companies in a research note on Thursday. Twenty-three research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Lowe’s Companies has an average rating of “Moderate Buy” and an average price target of $260.63.

Lowe’s Companies Stock Down 0.6%

Shares of NYSE LOW opened at $218.69 on Thursday. The stock has a market capitalization of $122.62 billion, a price-to-earnings ratio of 18.35, a price-to-earnings-growth ratio of 2.76 and a beta of 0.86. Lowe’s Companies has a 52 week low of $199.40 and a 52 week high of $293.06. The firm has a 50-day simple moving average of $216.21 and a 200-day simple moving average of $233.46.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings data on Wednesday, August 19th. The home improvement retailer reported $4.40 EPS for the quarter, beating analysts’ consensus estimates of $4.22 by $0.18. Lowe’s Companies had a net margin of 7.51% and a negative return on equity of 67.96%. The company had revenue of $25.96 billion during the quarter, compared to the consensus estimate of $26.13 billion. During the same quarter in the prior year, the firm earned $4.33 EPS. Lowe’s Companies’s quarterly revenue was up 8.3% on a year-over-year basis. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. As a group, equities research analysts expect that Lowe’s Companies will post 12.43 EPS for the current year.

Insider Activity at Lowe’s Companies

In related news, EVP Juliette Williams Pryor sold 9,330 shares of the firm’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $224.81, for a total transaction of $2,097,477.30. Following the sale, the executive vice president directly owned 16,142 shares in the company, valued at approximately $3,628,883.02. This trade represents a 36.63% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Margrethe R. Vagell sold 2,500 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $223.83, for a total value of $559,575.00. Following the completion of the transaction, the executive vice president owned 20,220 shares of the company’s stock, valued at approximately $4,525,842.60. This represents a 11.00% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 25,980 shares of company stock worth $5,796,937. Corporate insiders own 0.29% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Providence Wealth Advisors LLC lifted its holdings in 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 worth $1,959,000 after buying an additional 36 shares in the last quarter. Rather & Kittrell Inc. increased its position in shares of Lowe’s Companies by 0.4% during the fourth quarter. Rather & Kittrell Inc. now owns 10,379 shares of the home improvement retailer’s stock worth $2,503,000 after acquiring an additional 38 shares during the last quarter. First Command Advisory Services Inc. lifted its stake in shares of Lowe’s Companies by 1.3% in the fourth quarter. First Command Advisory Services Inc. now owns 2,947 shares of the home improvement retailer’s stock worth $711,000 after acquiring an additional 38 shares in the last quarter. Smithbridge Asset Management Inc. DE boosted its holdings in Lowe’s Companies by 1.1% in the fourth quarter. Smithbridge Asset Management Inc. DE now owns 3,723 shares of the home improvement retailer’s stock valued at $898,000 after purchasing an additional 39 shares during the last quarter. Finally, Sumitomo Life Insurance Co. boosted its holdings in Lowe’s Companies by 0.6% in the fourth quarter. Sumitomo Life Insurance Co. now owns 6,140 shares of the home improvement retailer’s stock valued at $1,481,000 after purchasing an additional 39 shares during the last quarter. 74.06% of the stock is currently owned by hedge funds and other institutional investors.

Lowe’s Companies News Roundup

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

• Positive Sentiment: Adjusted earnings were $4.40 per share, exceeding the $4.22 analyst consensus and rising from $4.33 a year earlier. Net sales increased 8.3% to $25.96 billion, while comparable sales edged up 0.2%. Lowe’s second-quarter results
• Positive Sentiment: Performance was helped by a roughly $80 million refund related to Trump-era tariffs. Management said the benefit will not be passed along through lower prices, supporting near-term margins and earnings, though the refund is viewed as a one-time benefit. Lowe’s tariff refund
• Positive Sentiment: Mizuho lowered its price target from $280 to $250 but maintained an “outperform” rating, implying meaningful upside from recent trading levels. DA Davidson kept a “neutral” rating with a $245 target.

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.