iA Global Asset Management Inc. Has $22.27 Million Stock Holdings in Lowe’s Companies, Inc. $LOW

iA Global Asset Management Inc. lifted its position in Lowe’s Companies, Inc. (NYSE:LOW) by 27.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 88,600 shares of the home improvement retailer’s stock after purchasing an additional 19,337 shares during the quarter. iA Global Asset Management Inc.’s holdings in Lowe’s Companies were worth $22,266,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Waterloo Capital L.P. increased its holdings in shares of Lowe’s Companies by 1.2% during the second quarter. Waterloo Capital L.P. now owns 3,455 shares of the home improvement retailer’s stock worth $767,000 after buying an additional 41 shares in the last quarter. TruWealth Advisors LLC grew its position in Lowe’s Companies by 2.7% during the 3rd quarter. TruWealth Advisors LLC now owns 1,580 shares of the home improvement retailer’s stock worth $397,000 after acquiring an additional 42 shares during the last quarter. Cypress Wealth Services LLC increased its holdings in Lowe’s Companies by 2.0% during the 3rd quarter. Cypress Wealth Services LLC now owns 2,191 shares of the home improvement retailer’s stock valued at $551,000 after purchasing an additional 42 shares in the last quarter. Hidden Cove Wealth Management LLC raised its position in Lowe’s Companies by 4.6% in the 3rd quarter. Hidden Cove Wealth Management LLC now owns 960 shares of the home improvement retailer’s stock valued at $241,000 after purchasing an additional 42 shares during the last quarter. Finally, Roble Belko & Company Inc boosted its stake in Lowe’s Companies by 21.4% in the third quarter. Roble Belko & Company Inc now owns 250 shares of the home improvement retailer’s stock worth $63,000 after purchasing an additional 44 shares in the last quarter. 74.06% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Robert W. Baird decreased their target price on Lowe’s Companies from $295.00 to $290.00 and set an “outperform” rating on the stock in a report on Thursday, November 20th. Mizuho decreased their price objective on shares of Lowe’s Companies from $285.00 to $272.00 and set an “outperform” rating on the stock in a report on Thursday, November 20th. Morgan Stanley raised 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 report on Thursday, January 15th. HSBC reduced 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 report on Friday, November 21st. Finally, Evercore ISI reissued a “positive” rating on shares of Lowe’s Companies in a report on Thursday, November 20th. Nineteen investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $283.65.

Insider Activity at Lowe’s Companies

In related news, CEO Marvin R. Ellison sold 18,000 shares of Lowe’s Companies stock in a transaction on Friday, January 9th. The stock was 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 directly owned 231,043 shares of the company’s stock, valued at $60,341,500.31. The trade was a 7.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.27% of the stock is currently owned by company insiders.

Lowe’s Companies News Roundup

Here are the key news stories impacting Lowe’s Companies this week:

• Positive Sentiment: Recent price momentum: LOW hit a 52‑week high, signaling strong investor appetite and momentum that likely helped lift the stock. Lowe’s stock hits 52-week high at 280.32 USD
• Positive Sentiment: Analyst bullishness: TD Cowen and other sell‑side commentary flagged upside and price appreciation potential, supporting investor sentiment. TD Cowen Forecasts Strong Price Appreciation for Lowe’s
• Positive Sentiment: Customer strategy to drive traffic: Lowe’s is investing in Kids Club events, influencer/creator partnerships and Gen‑Z targeted merchandising to offset slower homebuying and build long‑term loyalty. This can increase store and online visits if executed well. As Americans buy homes later, Lowe’s aims to win shoppers with family events and influencers
• Neutral Sentiment: Upcoming earnings as a near‑term catalyst: Analysts expect modest EPS growth for Q4/FY2025; the report could drive volatility depending on comparable‑sales, margin and guidance. What to Expect From Lowe’s Q4 2025 Earnings Report
• Neutral Sentiment: Investor attention is elevated: Increased searches and coverage (Zacks) mean news and analyst moves can amplify intraday swings. Is Lowe’s (LOW) a Buy as Wall Street Analysts Look Optimistic?
• Negative Sentiment: Valuation questions after the run‑up: Coverage highlights that shares are trading at richer multiples after the recent rally, which raises the risk of a pullback if growth or guidance disappoints. A Look At Lowe’s (LOW) Valuation After Recent Share Price Momentum

Lowe’s Companies Trading Down 0.8%

Shares of NYSE LOW opened at $275.03 on Friday. Lowe’s Companies, Inc. has a 1 year low of $206.38 and a 1 year high of $281.36. The firm’s 50-day moving average is $248.30 and its 200-day moving average is $245.69. The firm has a market capitalization of $154.28 billion, a PE ratio of 22.81, a price-to-earnings-growth ratio of 4.59 and a beta of 0.96.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings data on Wednesday, November 26th. The home improvement retailer reported $3.06 earnings per share for the quarter, beating the consensus estimate of $2.97 by $0.09. Lowe’s Companies had a net margin of 8.05% and a negative return on equity of 55.86%. The business had revenue of $20.81 billion for the quarter, compared to analyst estimates of $20.88 billion. During the same period in the prior year, the business posted $2.89 earnings per share. Lowe’s Companies’s revenue was up 3.2% compared to the same quarter last year. As a group, equities research analysts anticipate that Lowe’s Companies, Inc. will post 11.9 earnings per share for the current fiscal year.

Lowe’s Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 4th. Stockholders of record on Wednesday, January 21st will be given a $1.20 dividend. This represents a $4.80 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Wednesday, January 21st. Lowe’s Companies’s dividend payout ratio (DPR) is currently 39.80%.

Lowe’s Companies Company 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.