Hollencrest Capital Management Has $75,000 Stake in Lowe’s Companies, Inc. $LOW

Hollencrest Capital Management reduced its position in Lowe’s Companies, Inc. (NYSE:LOW) by 98.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 338 shares of the home improvement retailer’s stock after selling 17,699 shares during the quarter. Hollencrest Capital Management’s holdings in Lowe’s Companies were worth $75,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Swiss RE Ltd. acquired a new position in shares of Lowe’s Companies in the 4th quarter valued at $25,000. Wilkerson Advisory Group LLC acquired a new stake in shares of Lowe’s Companies during the 4th quarter valued at about $27,000. Sankala Group LLC acquired a new stake in shares of Lowe’s Companies during the 4th quarter valued at about $33,000. Triumph Capital Management bought a new stake in Lowe’s Companies in the third quarter valued at about $34,000. Finally, IAG Wealth Partners LLC increased its stake in Lowe’s Companies by 178.6% in the first quarter. IAG Wealth Partners LLC now owns 156 shares of the home improvement retailer’s stock valued at $37,000 after acquiring an additional 100 shares during the period. Institutional investors and hedge funds own 74.06% of the company’s stock.

Lowe’s Companies Trading Up 0.7%

LOW opened at $208.20 on Friday. Lowe’s Companies, Inc. has a 1-year low of $199.40 and a 1-year high of $293.06. The stock has a market capitalization of $116.74 billion, a PE ratio of 17.60, a PEG ratio of 2.77 and a beta of 0.86. The firm has a 50-day moving average price of $215.10 and a two-hundred day moving average price of $230.79.

Lowe’s Companies (NYSE:LOW) last announced its earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.22 by $0.18. Lowe’s Companies had a net margin of 7.34% and a negative return on equity of 75.67%. The company had revenue of $25.96 billion for the quarter, compared to analyst estimates of $26.13 billion. During the same period in the prior year, the business earned $4.33 earnings per share. 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. On average, research analysts predict that Lowe’s Companies, Inc. will post 12.26 EPS for the current year.

Insider Buying and Selling

In other Lowe’s Companies news, EVP Margrethe R. Vagell sold 2,500 shares of the stock in a transaction 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 transaction, the executive vice president directly owned 20,220 shares in the company, valued at approximately $4,525,842.60. This trade represents a 11.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Juliette Williams Pryor sold 9,330 shares of the stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $224.81, for a total value of $2,097,477.30. Following the completion of the transaction, the executive vice president owned 16,142 shares in the company, valued at $3,628,883.02. The trade was a 36.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 25,980 shares of company stock worth $5,796,937 in the last quarter. Insiders own 0.29% of the company’s stock.

Analyst Ratings Changes

LOW has been the subject of a number of analyst reports. Robert W. Baird cut their price target on shares of Lowe’s Companies from $320.00 to $270.00 and set an “outperform” rating for the company in a research note on Thursday, May 21st. Jefferies Financial Group lowered their price objective on Lowe’s Companies from $305.00 to $278.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. Gordon Haskett dropped their target price on Lowe’s Companies from $280.00 to $250.00 and set a “buy” rating for the company in a report on Thursday, May 21st. Raymond James Financial downgraded Lowe’s Companies from a “market perform” rating to a “market perform” rating in a research report on Tuesday, May 12th. Finally, Piper Sandler cut their target price on Lowe’s Companies from $276.00 to $274.00 and set an “overweight” rating for the company in a research report on Thursday, August 13th. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $258.53.

About Lowe’s Companies

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.