Achmea Investment Management B.V. Buys 6,916 Shares of Lowe’s Companies, Inc. $LOW

Achmea Investment Management B.V. boosted its position in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 7.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 103,621 shares of the home improvement retailer’s stock after acquiring an additional 6,916 shares during the period. Achmea Investment Management B.V.’s holdings in Lowe’s Companies were worth $26,042,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in LOW. Brighton Jones LLC increased its position in shares of Lowe’s Companies by 119.7% during the fourth quarter. Brighton Jones LLC now owns 31,965 shares of the home improvement retailer’s stock valued at $7,889,000 after purchasing an additional 17,413 shares during the period. Revolve Wealth Partners LLC lifted its position in Lowe’s Companies by 31.6% in the fourth quarter. Revolve Wealth Partners LLC now owns 1,078 shares of the home improvement retailer’s stock worth $266,000 after purchasing an additional 259 shares during the period. Sivia Capital Partners LLC lifted its position in Lowe’s Companies by 22.3% in the second quarter. Sivia Capital Partners LLC now owns 1,534 shares of the home improvement retailer’s stock worth $340,000 after purchasing an additional 280 shares during the period. United Bank boosted its stake in Lowe’s Companies by 1.3% during the second quarter. United Bank now owns 12,124 shares of the home improvement retailer’s stock worth $2,690,000 after buying an additional 155 shares in the last quarter. Finally, Schnieders Capital Management LLC. boosted its stake in Lowe’s Companies by 13.1% during the second quarter. Schnieders Capital Management LLC. now owns 2,378 shares of the home improvement retailer’s stock worth $528,000 after buying an additional 275 shares in the last quarter. Institutional investors and hedge funds own 74.06% of the company’s stock.

Insiders Place Their Bets

In related 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 completion of the transaction, the chief executive officer owned 231,043 shares of the company’s stock, 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 hyperlink. Company insiders own 0.27% of the company’s stock.

Lowe’s Companies Stock Performance

NYSE LOW opened at $239.82 on Wednesday. The stock has a market capitalization of $134.53 billion, a price-to-earnings ratio of 20.24, a PEG ratio of 5.26 and a beta of 0.98. The stock’s 50 day moving average price is $268.21 and its two-hundred day moving average price is $253.87. Lowe’s Companies, Inc. has a 52 week low of $206.38 and a 52 week high of $293.06.

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

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Morgan Stanley increased their price objective on shares of Lowe’s Companies from $270.00 to $296.00 and gave the company an “overweight” rating in a research note on Thursday, January 15th. Gordon Haskett decreased their target price on shares of Lowe’s Companies from $325.00 to $300.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. HSBC lowered their target price on shares of Lowe’s Companies from $285.00 to $263.00 and set a “hold” rating on the stock in a research note on Friday, November 21st. Barclays upgraded shares of Lowe’s Companies from an “equal weight” rating to an “overweight” rating and set a $285.00 price target for the company in a research note on Wednesday, January 7th. Finally, Stifel Nicolaus lifted their price objective on Lowe’s Companies from $230.00 to $250.00 and gave the company a “hold” rating in a report on Monday, December 1st. Twenty-one analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, Lowe’s Companies has a consensus rating of “Moderate Buy” and an average price target of $289.76.

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.