Clearstead Advisors LLC trimmed its holdings in Lowe’s Companies, Inc. (NYSE:LOW – Free Report) by 8.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 40,869 shares of the home improvement retailer’s stock after selling 3,554 shares during the quarter. Clearstead Advisors LLC’s holdings in Lowe’s Companies were worth $10,271,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in Lowe’s Companies by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 55,306,162 shares of the home improvement retailer’s stock valued at $13,898,992,000 after purchasing an additional 329,807 shares during the period. State Street Corp increased its holdings in shares of Lowe’s Companies by 0.8% during the 2nd quarter. State Street Corp now owns 24,911,775 shares of the home improvement retailer’s stock worth $5,527,176,000 after purchasing an additional 207,826 shares during the period. Geode Capital Management LLC raised its position in shares of Lowe’s Companies by 0.3% during the second 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 buying an additional 42,190 shares during the last quarter. Norges Bank acquired a new position in shares of Lowe’s Companies during the second quarter valued at about $1,773,624,000. Finally, Bank of New York Mellon Corp lifted its stake in shares of Lowe’s Companies by 12.1% in the third quarter. Bank of New York Mellon Corp now owns 4,294,776 shares of the home improvement retailer’s stock valued at $1,079,320,000 after buying an additional 463,012 shares during the period. Institutional investors and hedge funds own 74.06% of the company’s stock.
Analyst Ratings Changes
Several equities analysts recently issued reports on LOW shares. JPMorgan Chase & Co. boosted their price target on Lowe’s Companies from $300.00 to $325.00 and gave the company an “overweight” rating in a research note on Monday, February 9th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Lowe’s Companies in a research report on Monday, December 29th. HSBC lowered their price objective 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. Evercore upped their target price on Lowe’s Companies from $250.00 to $280.00 in a research note on Tuesday, January 27th. Finally, Wolfe Research decreased their price target on shares of Lowe’s Companies from $285.00 to $284.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 4th. Twenty investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Lowe’s Companies currently has an average rating of “Moderate Buy” and an average price target of $289.59.
Lowe’s Companies News Summary
Here are the key news stories impacting Lowe’s Companies this week:
- Positive Sentiment: Brokerage consensus still favors Lowe’s with a “Moderate Buy” rating, supporting a constructive analyst backdrop for the stock. Lowe’s Given Consensus Recommendation of Moderate Buy
- Positive Sentiment: RBC raised its Lowe’s price target from $252 to $257, signaling a modest upward revision in expectations from that firm (though the new target still trails the market price). LOW: Lowe’s price target raised by RBC Capital
- Neutral Sentiment: Earnings week ahead — analysts and traders expect sizable moves for Lowe’s when it reports, increasing short-term volatility and making the print a primary near-term driver. Home Depot and Lowe’s Report Earnings This Week
- Neutral Sentiment: Macro and market data calendar (factory orders, PPI) and risk headlines are keeping investors cautious ahead of retail earnings. Market Awaits Factory Orders Data
- Negative Sentiment: Home Depot is rolling out AI “blueprint takeoffs” and other digital/pro-market tools to speed project planning and win pro customers — a direct competitive threat that could pressure Lowe’s share among professionals. How AI Blueprint Takeoffs Help Home Depot Win Pro Market
- Negative Sentiment: Analyst notes expect Lowe’s to report roughly in-line Q4 comps but with modest margin deleverage, suggesting limited upside to near-term earnings and margin pressure. Lowe’s to Deliver In-Line Q4 Results, Outlook With Modest Margin Deleverage, RBC Says
- Negative Sentiment: Broader market weakness from tariff and geopolitical headlines is weighing on retail names pre-open, amplifying downside risk for Lowe’s. Stocks Down Pre-Bell as Trump Raises Global Tariffs
Lowe’s Companies Price Performance
Lowe’s Companies stock opened at $274.30 on Tuesday. The business has a 50 day simple moving average of $265.13 and a 200 day simple moving average of $253.91. The company has a market capitalization of $153.87 billion, a PE ratio of 22.74, a price-to-earnings-growth ratio of 4.37 and a beta of 0.97. Lowe’s Companies, Inc. has a one year low of $206.38 and a one year high of $293.06.
Insider Activity at Lowe’s Companies
In other news, CEO Marvin R. Ellison sold 18,000 shares of the company’s stock in a transaction dated 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 owned 231,043 shares of the company’s stock, valued at approximately $60,341,500.31. This represents a 7.23% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.27% of the company’s stock.
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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