BW Gestao de Investimentos Ltda. Trims Stock Holdings in Lowe’s Companies, Inc. $LOW

BW Gestao de Investimentos Ltda. reduced its holdings in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 53.8% in the third quarter, according to its most recent filing with the SEC. The fund owned 3,215 shares of the home improvement retailer’s stock after selling 3,750 shares during the period. BW Gestao de Investimentos Ltda.’s holdings in Lowe’s Companies were worth $808,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Activest Wealth Management increased its stake in Lowe’s Companies by 78.5% in the third quarter. Activest Wealth Management now owns 116 shares of the home improvement retailer’s stock worth $29,000 after purchasing an additional 51 shares during the period. Howard Hughes Medical Institute bought a new stake in shares of Lowe’s Companies during the second quarter worth $27,000. Traub Capital Management LLC purchased a new stake in shares of Lowe’s Companies during the second quarter valued at $30,000. Vermillion & White Wealth Management Group LLC boosted its stake in shares of Lowe’s Companies by 128.8% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 135 shares of the home improvement retailer’s stock valued at $30,000 after purchasing an additional 76 shares during the period. Finally, Guerra Advisors Inc bought a new position in shares of Lowe’s Companies in the third quarter worth about $35,000. Hedge funds and other institutional investors own 74.06% of the company’s stock.

Lowe’s Companies Price Performance

LOW stock opened at $250.24 on Tuesday. Lowe’s Companies, Inc. has a 1-year low of $206.38 and a 1-year high of $293.06. The business has a 50-day moving average price of $268.33 and a 200 day moving average price of $254.56. The company has a market capitalization of $140.37 billion, a P/E ratio of 21.12, a PEG ratio of 5.47 and a beta of 0.98.

Lowe’s Companies (NYSE:LOW) last issued its earnings results on Wednesday, February 25th. The home improvement retailer reported $1.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.94 by $0.04. The company had revenue of $20.58 billion for the quarter, compared to analysts’ expectations of $20.34 billion. Lowe’s Companies had a net margin of 7.71% and a negative return on equity of 61.40%. The firm’s quarterly revenue was up 10.9% on a year-over-year basis. During the same period in the prior year, the business earned $1.93 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. On average, analysts anticipate that Lowe’s Companies, Inc. will post 11.9 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. DA Davidson reaffirmed a “neutral” rating and issued a $275.00 price target on shares of Lowe’s Companies in a research note on Thursday, February 26th. Mizuho boosted their price objective on shares of Lowe’s Companies from $272.00 to $294.00 and gave the company an “outperform” rating in a research report on Friday, February 27th. Morgan Stanley upped their target price on shares of Lowe’s Companies from $270.00 to $296.00 and gave the stock an “overweight” rating in a research note on Thursday, January 15th. Jefferies Financial Group reaffirmed a “buy” rating and set a $305.00 target price on shares of Lowe’s Companies in a research report on Wednesday, February 25th. Finally, TD Cowen decreased their price target on shares of Lowe’s Companies from $295.00 to $280.00 and set a “hold” rating for the company in a research note on Thursday, February 26th. Twenty-one equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $291.00.

Insider Activity

In other news, CEO Marvin R. Ellison sold 18,000 shares of the stock in a transaction that occurred on Friday, January 9th. The shares were sold at an average price of $261.17, for a total transaction of $4,701,060.00. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.27% of the company’s stock.

Lowe’s Companies 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.