Lowe’s Companies’ (LOW) Neutral Rating Reaffirmed at DA Davidson

Lowe’s Companies (NYSE:LOW)‘s stock had its “neutral” rating reaffirmed by DA Davidson in a research report issued to clients and investors on Wednesday,Benzinga reports. They presently have a $245.00 price target on the home improvement retailer’s stock. DA Davidson’s price target would suggest a potential upside of 10.97% from the company’s current price.

Several other equities analysts also recently commented on LOW. Benchmark initiated coverage on Lowe’s Companies in a research report on Tuesday, May 12th. They issued a “hold” rating on the stock. Morgan Stanley lowered their price target on Lowe’s Companies from $292.00 to $277.00 and set an “overweight” rating on the stock in a report on Thursday, May 21st. Oppenheimer cut their price objective on shares of Lowe’s Companies from $315.00 to $275.00 and set an “outperform” rating for the company in a report on Monday, May 18th. Royal Bank Of Canada lowered their target price on shares of Lowe’s Companies from $232.00 to $231.00 and set a “sector perform” rating on the stock in a report on Wednesday, August 12th. Finally, Sanford C. Bernstein cut their target price on shares of Lowe’s Companies from $303.00 to $281.00 and set an “outperform” rating for the company in a research note on Thursday, May 14th. Twenty-three analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $261.63.

Lowe’s Companies Trading Up 2.4%

Lowe’s Companies stock traded up $5.15 during midday trading on Wednesday, hitting $220.79. The stock had a trading volume of 2,184,220 shares, compared to its average volume of 2,865,706. Lowe’s Companies has a 52-week low of $199.40 and a 52-week high of $293.06. The company has a market capitalization of $123.80 billion, a PE ratio of 18.64, a P/E/G ratio of 2.79 and a beta of 0.86. The firm’s fifty day moving average is $216.12 and its two-hundred day moving average is $233.78.

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

Insider Activity at Lowe’s Companies

In other news, EVP Janice Dupre sold 14,150 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $221.90, for a total value of $3,139,885.00. Following the completion of the transaction, the executive vice president owned 39,785 shares of the company’s stock, valued at $8,828,291.50. The trade was a 26.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Margrethe R. Vagell sold 2,500 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $223.83, for a total transaction of $559,575.00. Following the transaction, the executive vice president directly owned 20,220 shares in the company, valued at $4,525,842.60. The trade was a 11.00% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 25,980 shares of company stock valued at $5,796,937. Insiders own 0.29% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Tilia Fiduciary Partners Inc. grew its position in shares of Lowe’s Companies by 4.6% in the second quarter. Tilia Fiduciary Partners Inc. now owns 12,353 shares of the home improvement retailer’s stock valued at $2,724,000 after purchasing an additional 539 shares during the period. Pin Oak Investment Advisors Inc. purchased a new position in Lowe’s Companies during the second quarter worth about $554,000. Rakuten Investment Management Inc. boosted its stake in Lowe’s Companies by 10.0% in the 2nd quarter. Rakuten Investment Management Inc. now owns 91,604 shares of the home improvement retailer’s stock worth $20,121,000 after buying an additional 8,353 shares during the last quarter. Fulcrum Asset Management LLP boosted its stake in Lowe’s Companies by 31.6% in the 2nd quarter. Fulcrum Asset Management LLP now owns 11,860 shares of the home improvement retailer’s stock worth $2,605,000 after buying an additional 2,850 shares during the last quarter. Finally, Glenview Trust Co grew its holdings in Lowe’s Companies by 4.9% in the 2nd quarter. Glenview Trust Co now owns 230,389 shares of the home improvement retailer’s stock valued at $50,798,000 after buying an additional 10,735 shares during the period. Hedge funds and other institutional investors own 74.06% of the company’s stock.

Key Stories Impacting Lowe’s Companies

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

• Positive Sentiment: Adjusted earnings exceeded expectations: Lowe’s reported adjusted diluted EPS of $4.40, above the $4.22 analyst consensus and up from $4.33 a year earlier. Tariff refunds helped support profitability. Lowe’s Q2 Earnings Beat on Tariff Refunds, FY’26 Outlook Moves Lower
• Positive Sentiment: Revenue and comparable sales still grew: Quarterly revenue rose 8.3% year over year to $25.96 billion, while comparable sales increased 0.2%. Strength in professional customers, online sales and home services provided some support.
• Neutral Sentiment: Results were mixed: Revenue fell short of the $26.13 billion consensus estimate by approximately $150 million. Reported diluted EPS was $4.27, unchanged from the prior-year quarter, while the adjusted figure benefited from favorable items. Lowe’s earnings report and conference call
• Negative Sentiment: Full-year guidance was reduced: Lowe’s now expects fiscal 2026 revenue of approximately $92 billion, the low end of its prior $92 billion-$94 billion range, versus analyst expectations of $93.3 billion. EPS guidance of $12.25 is below the $12.88 consensus.
• Negative Sentiment: DIY demand remains under pressure: Consumers continue to defer costly renovations amid housing-market and macroeconomic uncertainty. Management expects persistent weakness in discretionary do-it-yourself spending to weigh on sales and earnings through the rest of the year. Lowe’s gives muted outlook amid pressure in home improvement spending

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.