Ameritas Advisory Services LLC Cuts Position in Lowe’s Companies, Inc. $LOW

Ameritas Advisory Services LLC lowered its stake in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 51.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,211 shares of the home improvement retailer’s stock after selling 3,363 shares during the quarter. Ameritas Advisory Services LLC’s holdings in Lowe’s Companies were worth $807,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of LOW. Vanguard Group Inc. lifted its stake in Lowe’s Companies by 0.7% in the second quarter. Vanguard Group Inc. now owns 54,976,355 shares of the home improvement retailer’s stock worth $12,197,604,000 after acquiring an additional 366,977 shares during the last quarter. State Street Corp raised its holdings in shares of Lowe’s Companies by 0.8% in the 2nd quarter. State Street Corp now owns 24,911,775 shares of the home improvement retailer’s stock valued at $5,527,176,000 after purchasing an additional 207,826 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Lowe’s Companies by 0.3% in the 2nd quarter. Geode Capital Management LLC now owns 12,351,783 shares of the home improvement retailer’s stock valued at $2,732,049,000 after purchasing an additional 42,190 shares in the last quarter. Norges Bank purchased a new stake in shares of Lowe’s Companies during the 2nd quarter worth $1,773,624,000. Finally, Bank of New York Mellon Corp grew its stake in shares of Lowe’s Companies by 12.1% during the third quarter. Bank of New York Mellon Corp now owns 4,294,776 shares of the home improvement retailer’s stock worth $1,079,320,000 after purchasing an additional 463,012 shares in the last quarter. 74.06% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on LOW shares. TD Cowen lifted their price target on shares of Lowe’s Companies from $250.00 to $295.00 and gave the stock a “hold” rating in a research note on Tuesday, January 20th. Argus dropped their price objective on Lowe’s Companies from $290.00 to $286.00 and set a “buy” rating on the stock in a report on Tuesday, December 2nd. Barclays raised Lowe’s Companies from an “equal weight” rating to an “overweight” rating and set a $285.00 target price for the company in a report on Wednesday, January 7th. Bank of America dropped their price target on Lowe’s Companies from $290.00 to $280.00 and set a “buy” rating on the stock in a research note on Thursday, November 20th. Finally, Gordon Haskett boosted their price objective on Lowe’s Companies from $310.00 to $325.00 and gave the company a “buy” rating in a research note on Wednesday. Twenty research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $286.30.

Trending Headlines about Lowe’s Companies

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

• Positive Sentiment: Gordon Haskett raised its price target to $325 (from $310) and kept a “buy” rating — the new target implies material upside versus current levels and signals stronger analyst confidence in Lowe’s growth and execution. Gordon Haskett raises PT to $325
• Neutral Sentiment: Goldman Sachs nudged its price target slightly to $283 (from $280) and maintained a “buy” rating — a modest lift but still close to the current price, so it offers limited near‑term directional impact. Goldman raises PT to $283
• Neutral Sentiment: Dividend coverage and payout commentary (a roughly 2% yield scorecard) continue to position Lowe’s as an income option for investors, but this doesn’t materially change near‑term earnings expectations. Dividend scorecard
• Negative Sentiment: Lowe’s is eliminating about 600 corporate/support roles (reported as <1% of total headcount) to shift resources toward frontline store associates. While cost savings could help margins over time, the move may trigger short‑term restructuring charges and raises execution/organizational‑risk questions that investors often view cautiously. Lowe’s cuts 600 corporate roles

Lowe’s Companies Stock Performance

Shares of NYSE LOW opened at $287.36 on Friday. The firm has a market cap of $161.19 billion, a P/E ratio of 23.83, a price-to-earnings-growth ratio of 4.48 and a beta of 0.97. Lowe’s Companies, Inc. has a 1 year low of $206.38 and a 1 year high of $293.06. The firm’s 50 day moving average price is $261.04 and its 200 day moving average price is $251.73.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings data on Wednesday, November 26th. 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 negative return on equity of 55.86% and a net margin of 8.05%.The company had revenue of $20.81 billion for the quarter, compared to the consensus estimate of $20.88 billion. During the same period last year, the business posted $2.89 EPS. The company’s quarterly revenue was up 3.2% compared to the same quarter last year. As a group, equities analysts predict that Lowe’s Companies, Inc. will post 11.9 EPS for the current year.

Insider Buying and Selling at Lowe’s Companies

In other Lowe’s Companies news, CEO Marvin R. Ellison sold 18,000 shares of Lowe’s Companies stock in a transaction that occurred on Friday, January 9th. The stock was sold at an average price of $261.17, for a total value of $4,701,060.00. Following the completion of the transaction, the chief executive officer directly owned 231,043 shares in the company, valued at $60,341,500.31. The trade was a 7.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 0.27% of the company’s stock.

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.