Parr Mcknight Wealth Management Group LLC Buys 3,129 Shares of Lowe’s Companies, Inc. $LOW

Parr Mcknight Wealth Management Group LLC increased its stake in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 9.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,072 shares of the home improvement retailer’s stock after purchasing an additional 3,129 shares during the quarter. Lowe’s Companies makes up about 1.0% of Parr Mcknight Wealth Management Group LLC’s portfolio, making the stock its 23rd largest holding. Parr Mcknight Wealth Management Group LLC’s holdings in Lowe’s Companies were worth $8,174,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also added to or reduced their stakes in LOW. Swiss RE Ltd. bought a new stake in shares of Lowe’s Companies during the fourth quarter worth $25,000. Wilkerson Advisory Group LLC acquired a new position in shares of Lowe’s Companies during the fourth quarter worth $27,000. OLD Second National Bank of Aurora lifted its stake in shares of Lowe’s Companies by 52.5% in the 4th quarter. OLD Second National Bank of Aurora now owns 122 shares of the home improvement retailer’s stock valued at $29,000 after acquiring an additional 42 shares during the last quarter. Sankala Group LLC bought a new position in shares of Lowe’s Companies in the 4th quarter valued at $33,000. Finally, Triumph Capital Management bought a new position in shares of Lowe’s Companies in the 3rd quarter valued at $34,000. Institutional investors own 74.06% of the company’s stock.

Insider Buying and Selling at Lowe’s Companies

In other Lowe’s Companies news, EVP Janice Dupre sold 14,150 shares of the stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $221.90, for a total transaction of $3,139,885.00. Following the transaction, the executive vice president directly owned 39,785 shares in the company, valued at approximately $8,828,291.50. This represents a 26.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Juliette Williams Pryor sold 9,330 shares of the stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $224.81, for a total value of $2,097,477.30. Following 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. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 25,980 shares of company stock valued at $5,796,937. 0.29% of the stock is currently owned by company insiders.

Lowe’s Companies Trading Down 0.0%

Shares of Lowe’s Companies stock opened at $218.19 on Friday. The business has a 50-day moving average price of $216.00 and a two-hundred day moving average price of $234.87. Lowe’s Companies, Inc. has a 1-year low of $199.40 and a 1-year high of $293.06. The company has a market cap of $122.34 billion, a P/E ratio of 18.44, a PEG ratio of 2.79 and a beta of 0.86.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings data on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.97 by $0.06. Lowe’s Companies had a negative return on equity of 67.96% and a net margin of 7.51%.The company had revenue of $23.08 billion for the quarter, compared to the consensus estimate of $22.98 billion. During the same period in the previous year, the business earned $2.92 EPS. The firm’s revenue was up 10.3% compared to the same quarter last year. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. Equities research analysts forecast that Lowe’s Companies, Inc. will post 12.43 EPS for the current fiscal year.

Lowe’s Companies Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Wednesday, July 22nd were paid a $1.25 dividend. This represents a $5.00 annualized dividend and a yield of 2.3%. This is a boost from Lowe’s Companies’s previous quarterly dividend of $1.20. The ex-dividend date of this dividend was Wednesday, July 22nd. Lowe’s Companies’s payout ratio is presently 42.27%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on LOW. Craig Hallum upgraded Lowe’s Companies to a “buy” rating in a research report on Tuesday, May 12th. Oppenheimer dropped their target price on Lowe’s Companies from $315.00 to $275.00 and set an “outperform” rating for the company in a research report on Monday, May 18th. William Blair started coverage on Lowe’s Companies in a research note on Tuesday, May 12th. They set an “overweight” rating on the stock. Truist Financial cut their price target on Lowe’s Companies from $280.00 to $255.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. Finally, Wolfe Research set a $254.00 price target on Lowe’s Companies in a report on Thursday, May 21st. Twenty-three research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $262.63.

More Lowe’s Companies News

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

• Positive Sentiment: Lowe’s is described as trading at its lowest forward price-to-earnings multiple in more than two years. Its status as a Dividend King, along with a recent dividend increase, strengthens the long-term income-investment case. 1 Number That Makes Lowe’s Stock an Obvious Buy Before Aug. 19
• Positive Sentiment: Several analysts remain moderately optimistic despite the recent underperformance. Citigroup retained a “buy” rating while lowering its price target to $267 from $285, and Wells Fargo’s reduced target of $245 still implies meaningful upside from recent levels. Citigroup Lowe’s Price Target Update
• Positive Sentiment: Investor articles argue that a series of downward Q2 EPS estimate revisions may have lowered expectations and created the potential for a favorable earnings surprise. The longer-term bull case remains tied to Lowe’s brand strength, home-improvement demand and operating potential. Lowe’s Q2 EPS Revisions
• Neutral Sentiment: Wall Street projections for the quarter ended July 2026 are focusing on key operating metrics beyond revenue and EPS. The Aug. 19 report is the next major catalyst and could determine the near-term direction of the shares. Insights Into Lowe’s Q2 Wall Street Projections
• Neutral Sentiment: Lowe’s has completed a five-year, $100 million hometown revitalization commitment and announced additional community investments. These efforts may support brand reputation but are unlikely to materially affect near-term earnings. Is Lowe’s Companies Undervalued As Its Earnings Call Nears?
• Negative Sentiment: Royal Bank of Canada lowered its expectations for Lowe’s, adding to concerns about near-term performance ahead of earnings. The company also faces elevated expectations around its upcoming results despite recent estimate reductions. Royal Bank of Canada Lowe’s Expectations

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.