BXM Wealth LLC Purchases 30,269 Shares of Lowe’s Companies, Inc. $LOW

BXM Wealth LLC increased its holdings in Lowe’s Companies, Inc. (NYSE:LOW) by 1,015.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,251 shares of the home improvement retailer’s stock after purchasing an additional 30,269 shares during the quarter. BXM Wealth LLC’s holdings in Lowe’s Companies were worth $8,019,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Activest Wealth Management increased its stake in shares of Lowe’s Companies by 78.5% during the third 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 during the period. Howard Hughes Medical Institute bought a new stake in Lowe’s Companies in the second quarter valued at $27,000. United Financial Planning Group LLC bought a new stake in Lowe’s Companies in the third quarter valued at $31,000. Triumph Capital Management purchased a new position in Lowe’s Companies during the 3rd quarter valued at $34,000. Finally, Guerra Advisors Inc purchased a new position in Lowe’s Companies during the 3rd quarter valued at $35,000. Institutional investors own 74.06% of the company’s stock.

Insider Transactions at Lowe’s Companies

In other news, CEO Marvin R. Ellison sold 18,000 shares of the business’s stock in a transaction 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 completion of the sale, the chief executive officer owned 231,043 shares of the company’s stock, valued at $60,341,500.31. The trade was a 7.23% decrease in their position. 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 Stock Performance

NYSE:LOW opened at $231.44 on Monday. The firm has a market cap of $129.62 billion, a P/E ratio of 19.53, a P/E/G ratio of 5.02 and a beta of 0.97. Lowe’s Companies, Inc. has a fifty-two week low of $206.38 and a fifty-two week high of $293.06. The firm has a 50-day simple moving average of $258.28 and a two-hundred day simple moving average of $250.68.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings results on Wednesday, February 25th. The home improvement retailer reported $1.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.94 by $0.04. The firm had revenue of $20.59 billion for the quarter, compared to the consensus estimate of $20.34 billion. Lowe’s Companies had a negative return on equity of 61.40% and a net margin of 7.71%.The company’s quarterly revenue was up 10.9% on a year-over-year basis. During the same period in the prior year, the company posted $1.93 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. On average, equities research analysts predict 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 dividend of $1.20 per share. This represents a $4.80 annualized dividend and a yield of 2.1%. The ex-dividend date is Wednesday, April 22nd. Lowe’s Companies’s payout ratio is 40.51%.

Wall Street Analysts Forecast Growth

LOW has been the topic of several research analyst reports. Rothschild & Co Redburn boosted their price target on shares of Lowe’s Companies from $280.00 to $290.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Sanford C. Bernstein cut their price objective on Lowe’s Companies from $313.00 to $303.00 and set an “outperform” rating on the stock in a research report on Thursday, February 26th. Wells Fargo & Company upped their target price on Lowe’s Companies from $280.00 to $290.00 and gave the stock an “overweight” rating in a report on Thursday, February 26th. DA Davidson reissued a “neutral” rating and issued a $275.00 target price on shares of Lowe’s Companies in a research report on Thursday, February 26th. Finally, JPMorgan Chase & Co. raised their target price 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. Twenty-two analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $289.24.

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.