Lowe’s Companies, Inc. $LOW Shares Sold by Csenge Advisory Group

Csenge Advisory Group lowered its stake in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 25.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 27,602 shares of the home improvement retailer’s stock after selling 9,637 shares during the quarter. Csenge Advisory Group’s holdings in Lowe’s Companies were worth $5,087,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of LOW. BlackRock Inc. lifted its holdings in Lowe’s Companies by 1.8% in the second quarter. BlackRock Inc. now owns 40,545,728 shares of the home improvement retailer’s stock worth $8,939,928,000 after buying an additional 714,092 shares during the period. State Street Corp boosted its position in Lowe’s Companies by 3.6% during the 2nd quarter. State Street Corp now owns 25,329,373 shares of the home improvement retailer’s stock valued at $5,584,873,000 after acquiring an additional 880,815 shares in the last quarter. Bank of New York Mellon Corp boosted its position in Lowe’s Companies by 1.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 4,104,782 shares of the home improvement retailer’s stock valued at $905,063,000 after acquiring an additional 57,167 shares in the last quarter. Amundi grew its holdings in shares of Lowe’s Companies by 57.3% during the 2nd quarter. Amundi now owns 2,892,868 shares of the home improvement retailer’s stock worth $637,848,000 after acquiring an additional 1,053,237 shares during the period. Finally, Swiss National Bank grew its holdings in shares of Lowe’s Companies by 7.1% during the 1st quarter. Swiss National Bank now owns 1,646,320 shares of the home improvement retailer’s stock worth $388,992,000 after acquiring an additional 109,520 shares during the period. 74.06% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently issued reports on LOW shares. Royal Bank Of Canada reissued a “sector perform” rating and issued a $231.00 target price on shares of Lowe’s Companies in a research report on Thursday, August 20th. Piper Sandler lowered their target price on Lowe’s Companies from $276.00 to $274.00 and set an “overweight” rating for the company in a research note on Thursday, August 13th. Sanford C. Bernstein lifted their price target on Lowe’s Companies from $254.00 to $270.00 and gave the company an “outperform” rating in a research report on Tuesday. Morgan Stanley reaffirmed an “overweight” rating on shares of Lowe’s Companies in a research note on Thursday, August 20th. Finally, Wells Fargo & Company decreased their price objective on Lowe’s Companies from $255.00 to $245.00 and set an “overweight” rating for the company in a report on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Lowe’s Companies currently has a consensus rating of “Moderate Buy” and an average target price of $254.74.

Key Headlines Impacting Lowe’s Companies

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

• Positive Sentiment: Lowe’s is now Bilt’s exclusive home-improvement partner, giving it access to Bilt’s more than 8 million members through shopping rewards, MyLowe’s Rewards and home services. The partnership also introduces a home-maintenance membership, which could help attract customers and encourage repeat business. Lowe’s and Bilt partnership announcement
• Positive Sentiment: Sanford C. Bernstein raised its price target to $270 and maintained an “outperform” rating; JPMorgan also lifted its target, to $275, with an “overweight” rating. The revisions signal improved analyst views of Lowe’s prospects. Bernstein rating information
• Positive Sentiment: A recent dividend-stock article described Lowe’s as resilient despite a weak housing market and said its dividend has room to grow, supporting its appeal to income-focused investors. Dividend stocks article
• Negative Sentiment: Walmart is gaining shoppers across income groups, highlighting competition for the same big-box customers. This could make it harder for Lowe’s and other retailers to win spending, though the article does not report a specific change in Lowe’s performance. Big-box retailer competition article

Lowe’s Companies Stock Performance

Shares of NYSE LOW opened at $231.79 on Wednesday. The company has a 50 day simple moving average of $198.20 and a two-hundred day simple moving average of $224.69. Lowe’s Companies, Inc. has a fifty-two week low of $178.45 and a fifty-two week high of $293.06. The company has a market capitalization of $130.05 billion, a price-to-earnings ratio of 19.59, a P/E/G ratio of 1.94 and a beta of 0.81.

Lowe’s Companies (NYSE:LOW) last issued its quarterly earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 EPS for the quarter, topping analysts’ consensus estimates of $4.22 by $0.18. The firm had revenue of $25.96 billion for the quarter, compared to analysts’ expectations of $26.13 billion. Lowe’s Companies had a negative return on equity of 75.67% and a net margin of 7.34%. The business’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $4.33 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. On average, analysts forecast that Lowe’s Companies, Inc. will post 12.25 earnings per share for the current fiscal year.

Lowe’s Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 4th. Shareholders of record on Wednesday, October 21st were paid a dividend of $1.25 per share. The ex-dividend date was Wednesday, October 21st. This represents a $5.00 dividend on an annualized basis and a yield of 2.2%. Lowe’s Companies’s payout ratio is presently 42.27%.

About Lowe’s Companies

Lowe’s Companies, Inc. is a home improvement retailer serving homeowners, do-it-yourself customers and professional contractors. The company sells products for construction, maintenance, repair and renovation through its retail stores and online channels. Its offerings include appliances, tools, hardware, lumber and building materials, paint, plumbing and electrical supplies, and products for lawn and garden. Lowe’s also provides services such as installation and other project support. Founded in 1921 in North Wilkesboro, North Carolina, Lowe’s has grown into a major retailer operating across the United States.