Facet Wealth Inc. purchased a new stake in shares of Lowe’s Companies, Inc. (NYSE:LOW – Free Report) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 2,220 shares of the home improvement retailer’s stock, valued at approximately $558,000.
Other institutional investors have also added to or reduced their stakes in the company. SeaBridge Investment Advisors LLC lifted its position in Lowe’s Companies by 3.7% during the second quarter. SeaBridge Investment Advisors LLC now owns 12,888 shares of the home improvement retailer’s stock valued at $2,859,000 after purchasing an additional 465 shares in the last quarter. QRG Capital Management Inc. raised its position in shares of Lowe’s Companies by 2.6% during the second quarter. QRG Capital Management Inc. now owns 154,692 shares of the home improvement retailer’s stock valued at $34,322,000 after buying an additional 3,947 shares during the last quarter. First Pacific Financial lifted its stake in Lowe’s Companies by 147.3% in the 2nd quarter. First Pacific Financial now owns 2,752 shares of the home improvement retailer’s stock worth $611,000 after purchasing an additional 1,639 shares in the last quarter. Prudential Financial Inc. boosted its stake in Lowe’s Companies by 0.7% during the second quarter. Prudential Financial Inc. now owns 826,356 shares of the home improvement retailer’s stock valued at $183,344,000 after buying an additional 5,820 shares during the last quarter. Finally, Jennison Associates LLC boosted its position in shares of Lowe’s Companies by 22.0% during the 2nd quarter. Jennison Associates LLC now owns 497,628 shares of the home improvement retailer’s stock valued at $110,409,000 after acquiring an additional 89,839 shares during the last quarter. 74.06% of the stock is currently owned by institutional investors.
Lowe’s Companies Stock Down 0.8%
Shares of NYSE LOW opened at $275.03 on Friday. The stock has a market capitalization of $154.28 billion, a price-to-earnings ratio of 22.81, a price-to-earnings-growth ratio of 4.59 and a beta of 0.96. Lowe’s Companies, Inc. has a 52 week low of $206.38 and a 52 week high of $281.36. The firm has a 50-day simple moving average of $248.30 and a 200-day simple moving average of $245.69.
Lowe’s Companies Dividend Announcement
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 given 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 yield of 1.7%. Lowe’s Companies’s dividend payout ratio (DPR) is currently 39.80%.
Analyst Ratings Changes
Several research analysts have commented on the stock. Barclays raised shares of Lowe’s Companies from an “equal weight” rating to an “overweight” rating and set a $285.00 price objective for the company in a research note on Wednesday, January 7th. Sanford C. Bernstein lifted their price objective on shares of Lowe’s Companies from $282.00 to $284.00 and gave the company an “outperform” rating in a report on Thursday, November 20th. Telsey Advisory Group reduced their target price on shares of Lowe’s Companies from $305.00 to $285.00 and set an “outperform” rating for the company in a report on Thursday, November 20th. HSBC reduced their price target on Lowe’s Companies from $285.00 to $263.00 and set a “hold” rating on the stock in a research report on Friday, November 21st. Finally, Mizuho decreased their price objective on shares of Lowe’s Companies from $285.00 to $272.00 and set an “outperform” rating for the company in a research report on Thursday, November 20th. Nineteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $283.65.
View Our Latest Stock Analysis on LOW
Insiders Place Their Bets
In other news, CEO Marvin R. Ellison sold 18,000 shares of the firm’s stock in a transaction on Friday, January 9th. The shares were sold at an average price of $261.17, for a total value of $4,701,060.00. Following the sale, the chief executive officer directly owned 231,043 shares in the company, valued at approximately $60,341,500.31. This trade represents a 7.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.27% of the stock is currently owned by company insiders.
Trending Headlines about Lowe’s Companies
Here are the key news stories impacting Lowe’s Companies this week:
- Positive Sentiment: Recent price momentum: LOW hit a 52‑week high, signaling strong investor appetite and momentum that likely helped lift the stock. Lowe’s stock hits 52-week high at 280.32 USD
- Positive Sentiment: Analyst bullishness: TD Cowen and other sell‑side commentary flagged upside and price appreciation potential, supporting investor sentiment. TD Cowen Forecasts Strong Price Appreciation for Lowe’s
- Positive Sentiment: Customer strategy to drive traffic: Lowe’s is investing in Kids Club events, influencer/creator partnerships and Gen‑Z targeted merchandising to offset slower homebuying and build long‑term loyalty. This can increase store and online visits if executed well. As Americans buy homes later, Lowe’s aims to win shoppers with family events and influencers
- Neutral Sentiment: Upcoming earnings as a near‑term catalyst: Analysts expect modest EPS growth for Q4/FY2025; the report could drive volatility depending on comparable‑sales, margin and guidance. What to Expect From Lowe’s Q4 2025 Earnings Report
- Neutral Sentiment: Investor attention is elevated: Increased searches and coverage (Zacks) mean news and analyst moves can amplify intraday swings. Is Lowe’s (LOW) a Buy as Wall Street Analysts Look Optimistic?
- Negative Sentiment: Valuation questions after the run‑up: Coverage highlights that shares are trading at richer multiples after the recent rally, which raises the risk of a pullback if growth or guidance disappoints. A Look At Lowe’s (LOW) Valuation After Recent Share Price Momentum
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.
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