Coppell Advisory Solutions LLC Buys New Holdings in Lowe’s Companies, Inc. $LOW

Coppell Advisory Solutions LLC acquired a new stake in Lowe’s Companies, Inc. (NYSE:LOW) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 2,518 shares of the home improvement retailer’s stock, valued at approximately $563,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Howard Hughes Medical Institute purchased a new stake in Lowe’s Companies during the 2nd quarter valued at $27,000. Solstein Capital LLC raised its position in shares of Lowe’s Companies by 627.8% during the 2nd quarter. Solstein Capital LLC now owns 131 shares of the home improvement retailer’s stock valued at $29,000 after purchasing an additional 113 shares during the period. Traub Capital Management LLC bought a new stake in Lowe’s Companies during the second quarter valued at about $30,000. Vermillion & White Wealth Management Group LLC boosted its stake in shares of Lowe’s Companies by 128.8% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 135 shares of the home improvement retailer’s stock worth $30,000 after acquiring an additional 76 shares during the period. Finally, Olistico Wealth LLC bought a new stake in Lowe’s Companies during the 2nd quarter valued at approximately $33,000. Hedge funds and other institutional investors own 74.06% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Stifel Nicolaus boosted their target price on shares of Lowe’s Companies from $230.00 to $250.00 and gave the stock a “hold” rating in a report on Monday, December 1st. KeyCorp boosted their target price on Lowe’s Companies from $266.00 to $300.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Wolfe Research reduced their price objective on Lowe’s Companies from $308.00 to $285.00 and set an “outperform” rating on the stock in a research note on Monday, November 24th. Telsey Advisory Group lowered their target price on Lowe’s Companies from $305.00 to $285.00 and set an “outperform” rating for the company in a research report on Thursday, November 20th. Finally, Truist Financial cut their target price on shares of Lowe’s Companies from $267.00 to $256.00 and set a “buy” rating for the company in a report on Thursday, November 20th. Sixteen analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $275.92.

Lowe’s Companies Stock Down 0.4%

Shares of Lowe’s Companies stock opened at $247.20 on Monday. Lowe’s Companies, Inc. has a 52 week low of $206.38 and a 52 week high of $274.98. The company has a market capitalization of $138.67 billion, a PE ratio of 20.50, a price-to-earnings-growth ratio of 4.10 and a beta of 0.96. The stock’s fifty day moving average is $238.74 and its two-hundred day moving average is $239.28.

Lowe’s Companies (NYSE:LOW) last issued its earnings results on Wednesday, November 19th. The home improvement retailer reported $3.06 EPS for the quarter, topping analysts’ consensus estimates of $2.97 by $0.09. Lowe’s Companies had a net margin of 8.05% and a negative return on equity of 55.86%. The business had revenue of $20.81 billion for the quarter, compared to analyst estimates of $20.88 billion. During the same period last year, the company posted $2.89 earnings per share. The company’s quarterly revenue was up 3.2% compared to the same quarter last year. Lowe’s Companies has set its FY 2025 guidance at 12.250-12.250 EPS. As a group, research analysts anticipate that Lowe’s Companies, Inc. will post 11.9 earnings per share for the current year.

Lowe’s Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 4th. Shareholders of record on Wednesday, January 21st will be issued a $1.20 dividend. The ex-dividend date of this dividend is Wednesday, January 21st. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.9%. Lowe’s Companies’s dividend payout ratio (DPR) is currently 39.80%.

Lowe’s Companies Company Profile

Lowe’s Companies, Inc, together with its subsidiaries, operates as a home improvement retailer in the United States. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It also provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, and electrical.