Foster & Motley Inc. Sells 3,972 Shares of Lowe’s Companies, Inc. $LOW

Foster & Motley Inc. cut its position in Lowe’s Companies, Inc. (NYSE:LOW) by 16.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 20,599 shares of the home improvement retailer’s stock after selling 3,972 shares during the period. Foster & Motley Inc.’s holdings in Lowe’s Companies were worth $4,968,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Activest Wealth Management increased its position in shares of Lowe’s Companies by 78.5% in the 3rd quarter. Activest Wealth Management now owns 116 shares of the home improvement retailer’s stock valued at $29,000 after buying an additional 51 shares in the last quarter. Howard Hughes Medical Institute acquired a new stake in Lowe’s Companies during the 2nd quarter worth $27,000. United Financial Planning Group LLC bought a new position in Lowe’s Companies during the third quarter worth about $31,000. Triumph Capital Management acquired a new position in Lowe’s Companies in the third quarter valued at about $34,000. Finally, Guerra Advisors Inc acquired a new position in Lowe’s Companies in the third quarter valued at about $35,000. 74.06% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Morgan Stanley raised their price target on Lowe’s Companies from $270.00 to $296.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. Barclays upgraded 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 report on Wednesday, January 7th. Argus increased their target price on Lowe’s Companies from $286.00 to $288.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. JPMorgan Chase & Co. lifted their price target on shares of Lowe’s Companies from $300.00 to $325.00 and gave the company an “overweight” rating in a research note on Monday, February 9th. Finally, Telsey Advisory Group raised their price objective on shares of Lowe’s Companies from $285.00 to $295.00 and gave the stock an “outperform” rating in a report on Thursday, February 26th. Twenty-two equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $289.76.

Lowe’s Companies Stock Performance

NYSE LOW opened at $236.13 on Wednesday. Lowe’s Companies, Inc. has a 52 week low of $206.38 and a 52 week high of $293.06. The stock’s 50 day moving average price is $260.88 and its two-hundred day moving average price is $251.47. The stock has a market capitalization of $132.25 billion, a price-to-earnings ratio of 19.93, a PEG ratio of 5.05 and a beta of 0.98.

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 $20.59 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.

Lowe’s Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 6th. Investors of record on Wednesday, April 22nd will be given a $1.20 dividend. The ex-dividend date of this dividend is Wednesday, April 22nd. This represents a $4.80 dividend on an annualized basis and a yield of 2.0%. Lowe’s Companies’s dividend payout ratio (DPR) is 40.51%.

Insider Transactions 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 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. The trade was a 7.23% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 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.