Lowe’s Companies, Inc. $LOW Shares Purchased by Harold Davidson & Associates Inc.

Harold Davidson & Associates Inc. raised its position in Lowe’s Companies, Inc. (NYSE:LOW) by 37.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 8,803 shares of the home improvement retailer’s stock after buying an additional 2,396 shares during the period. Lowe’s Companies comprises about 1.0% of Harold Davidson & Associates Inc.’s portfolio, making the stock its 24th largest holding. Harold Davidson & Associates Inc.’s holdings in Lowe’s Companies were worth $2,212,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. MJP Associates Inc. ADV lifted its position in shares of Lowe’s Companies by 20.5% in the third quarter. MJP Associates Inc. ADV now owns 1,181 shares of the home improvement retailer’s stock valued at $297,000 after acquiring an additional 201 shares in the last quarter. Syon Capital LLC raised its holdings in Lowe’s Companies by 26.0% in the 3rd quarter. Syon Capital LLC now owns 10,443 shares of the home improvement retailer’s stock valued at $2,624,000 after acquiring an additional 2,152 shares during the last quarter. Jacobi Capital Management LLC raised its holdings in Lowe’s Companies by 1.1% in the 3rd quarter. Jacobi Capital Management LLC now owns 10,710 shares of the home improvement retailer’s stock valued at $2,692,000 after acquiring an additional 119 shares during the last quarter. Waycross Partners LLC lifted its stake in Lowe’s Companies by 22.1% in the 3rd quarter. Waycross Partners LLC now owns 130,927 shares of the home improvement retailer’s stock worth $32,903,000 after purchasing an additional 23,735 shares in the last quarter. Finally, First National Bank of Omaha acquired a new position in shares of Lowe’s Companies during the 3rd quarter worth approximately $8,015,000. Institutional investors and hedge funds own 74.06% of the company’s stock.

Analysts Set New Price Targets

LOW has been the subject of several recent research reports. Evercore increased their price target on Lowe’s Companies from $250.00 to $280.00 in a report on Tuesday, January 27th. TD Cowen upped their target price on Lowe’s Companies from $250.00 to $295.00 and gave the company a “hold” rating in a report on Tuesday, January 20th. Gordon Haskett lifted their price target on Lowe’s Companies from $310.00 to $325.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. The Goldman Sachs Group boosted their price target on shares of Lowe’s Companies from $280.00 to $283.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Finally, Oppenheimer cut their price target on shares of Lowe’s Companies from $320.00 to $315.00 and set an “outperform” rating for the company in a report on Friday, December 5th. Twenty research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $289.41.

Lowe’s Companies Trading Up 0.3%

LOW opened at $282.10 on Thursday. The stock’s 50-day moving average price is $263.37 and its 200 day moving average price is $252.94. Lowe’s Companies, Inc. has a 12-month low of $206.38 and a 12-month high of $293.06. The firm has a market cap of $158.24 billion, a price-to-earnings ratio of 23.39, a PEG ratio of 4.38 and a beta of 0.97.

Lowe’s Companies (NYSE:LOW) last released its earnings results on Wednesday, November 26th. The home improvement retailer reported $3.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.97 by $0.09. The company had revenue of $20.81 billion for the quarter, compared to analyst estimates of $20.88 billion. Lowe’s Companies had a net margin of 8.05% and a negative return on equity of 55.86%. The firm’s quarterly revenue was up 3.2% on a year-over-year basis. During the same period in the prior year, the business earned $2.89 EPS. On average, research analysts forecast that Lowe’s Companies, Inc. will post 11.9 earnings per share for the current year.

Key Stories Impacting Lowe’s Companies

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

• Positive Sentiment: Baird raised its price target on LOW to $320 and kept an “outperform” rating, signaling meaningful upside from current levels and lifting investor sentiment. Baird Adjusts Price Target on Lowe’s Companies to $320
• Positive Sentiment: Telsey Advisory Group reaffirmed its “outperform” rating (with a $285 target), providing additional analyst support even if upside is modest. Telsey Reaffirms Outperform on Lowe’s
• Positive Sentiment: Dividend-focused coverage highlights Lowe’s long-term payout growth (dividend up more than fourfold over the past decade), reinforcing appeal to income investors and supporting valuation multiples. Want Decades of Passive Income? 2 Stocks to Buy Now and Hold Forever.
• Positive Sentiment: Lowe’s Community Impact grant program and other PR initiatives are positive for brand goodwill and local engagement, useful for longer-term reputation and customer loyalty. Lowe’s Asks Communities Nationwide: What Projects are on Your “Bucket List”?
• Neutral Sentiment: Lowe’s confirmed its fourth-quarter and fiscal 2025 earnings call for Feb. 25 — investors will focus on same-store sales, gross margin cadence, and guidance for FY26. Lowe’s to Host Fourth Quarter & Fiscal 2025 Earnings Call on Feb. 25
• Negative Sentiment: Multiple reports detail significant layoffs across Lowe’s operations (including ~600 planned cuts in North Carolina and heavy impact at corporate HQ and South End Charlotte), which can signal restructuring but also raise near-term execution and morale risks. Ohio workers impacted as hundreds of Lowe’s jobs cut across U.S. Lowe’s begins layoffs in North Carolina, plans 600 job cuts
• Negative Sentiment: A Zacks preview warns Lowe’s lacks the setup for an earnings beat next week, which could temper short-term upside if results or guidance miss expectations. Lowe’s Earnings Expected to Grow: What to Know Ahead of Next Week’s Release

Insider Activity at Lowe’s Companies

In related news, CEO Marvin R. Ellison sold 18,000 shares of the firm’s stock in a transaction that occurred on Friday, January 9th. The shares were sold at an average price of $261.17, for a total value of $4,701,060.00. Following the sale, the chief executive officer owned 231,043 shares of the company’s stock, valued at $60,341,500.31. This trade represents a 7.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.27% of the company’s stock.

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.