Lowe’s Companies, Inc. $LOW Stock Bought by Eurizon Capital SGR S.p.A.

Eurizon Capital SGR S.p.A. lifted its holdings in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 4.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,637,767 shares of the home improvement retailer’s stock after purchasing an additional 67,223 shares during the period. Lowe’s Companies comprises about 0.8% of Eurizon Capital SGR S.p.A.’s investment portfolio, making the stock its 22nd biggest position. Eurizon Capital SGR S.p.A. owned 0.29% of Lowe’s Companies worth $302,951,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in LOW. Amundi raised its position in Lowe’s Companies by 57.3% in the 2nd quarter. Amundi now owns 2,892,868 shares of the home improvement retailer’s stock worth $637,848,000 after purchasing an additional 1,053,237 shares during the period. State Street Corp boosted its position in Lowe’s Companies by 3.6% during the second quarter. State Street Corp now owns 25,329,373 shares of the home improvement retailer’s stock valued at $5,584,873,000 after buying an additional 880,815 shares during the period. BlackRock Inc. boosted its position in Lowe’s Companies by 1.8% during the second quarter. BlackRock Inc. now owns 40,545,728 shares of the home improvement retailer’s stock valued at $8,939,928,000 after buying an additional 714,092 shares during the period. Cullen Capital Management LLC bought a new position in shares of Lowe’s Companies during the second quarter valued at about $139,207,000. Finally, Healthcare of Ontario Pension Plan Trust Fund grew its stake in shares of Lowe’s Companies by 142.4% during the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,033,232 shares of the home improvement retailer’s stock valued at $244,132,000 after buying an additional 607,046 shares during the last quarter. Institutional investors own 74.06% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on LOW. KeyCorp reiterated an “overweight” rating and issued a $275.00 price objective on shares of Lowe’s Companies in a report on Thursday, August 20th. Melius Research set a $244.00 target price on Lowe’s Companies in a report on Tuesday, October 6th. Weiss Ratings upgraded Lowe’s Companies from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, November 4th. Sanford C. Bernstein raised their price target on Lowe’s Companies from $254.00 to $270.00 and gave the stock an “outperform” rating in a research report on Tuesday. Finally, Guggenheim reaffirmed a “buy” rating and issued a $275.00 price target on shares of Lowe’s Companies in a research note on Monday, September 21st. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Lowe’s Companies has a consensus rating of “Moderate Buy” and a consensus target price of $254.74.

Lowe’s Companies Stock Down 1.7%

Shares of LOW opened at $227.66 on Friday. The stock has a market capitalization of $127.73 billion, a P/E ratio of 19.24, a PEG ratio of 1.99 and a beta of 0.81. The firm has a fifty day simple moving average of $199.39 and a two-hundred day simple moving average of $224.22. Lowe’s Companies, Inc. has a twelve month low of $178.45 and a twelve month high of $293.06.

Lowe’s Companies (NYSE:LOW) last announced its quarterly 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 business had revenue of $25.96 billion for the quarter, compared to analyst estimates of $26.13 billion. During the same quarter last year, the firm earned $4.33 EPS. The company’s 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. Sell-side analysts expect that Lowe’s Companies, Inc. will post 12.26 EPS for the current fiscal year.

Lowe’s Companies Announces Dividend

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

Key Lowe’s Companies News

Here’s some of the latest news about LOW:

• Positive Sentiment: Lowe’s is partnering exclusively with Bilt, connecting its products, rewards and home services to Bilt’s 8 million members through the Bilt app. The expanded loyalty and customer-reach opportunity could support sales. Article: Lowe’s Ties Rewards and Home Services to an 8 Million Member Platform
• Neutral Sentiment: Analyst previews point to a possible third-quarter earnings beat, citing an Earnings ESP of +0.59%, Pro demand and digital growth. Lowe’s is scheduled to report on Nov. 18; the results and management’s outlook may be more consequential than the beat potential alone. Article: What’s Lowe’s Probability of an Earnings Beat This Season?
• Negative Sentiment: The immediate pressure appears to reflect a pullback after LOW reached its highest level since May and its recent rally stalled. Earnings previews also flag housing-market weakness and cost pressures, while one analysis expects a mixed home-renovation outlook and describes the shares as fairly valued—potential reasons investors may be cautious ahead of results. Article: Bearish Sentiment Could Give Out Ahead of Lowe’s Earnings Article: Lowe’s Q3 Preview

Lowe’s Companies Profile

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.