ABN Amro Investment Solutions Reduces Position in Lowe’s Companies, Inc. $LOW

ABN Amro Investment Solutions reduced its holdings in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 11.5% in the third quarter, according to its most recent filing with the SEC. The fund owned 64,541 shares of the home improvement retailer’s stock after selling 8,353 shares during the period. ABN Amro Investment Solutions’ holdings in Lowe’s Companies were worth $16,220,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Activest Wealth Management boosted 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 purchasing an additional 51 shares during the period. Howard Hughes Medical Institute bought a new stake in Lowe’s Companies during the 2nd quarter valued at about $27,000. Solstein Capital LLC lifted its holdings in Lowe’s Companies by 627.8% during the 2nd quarter. Solstein Capital LLC now owns 131 shares of the home improvement retailer’s stock valued at $29,000 after buying an additional 113 shares in the last quarter. Traub Capital Management LLC purchased a new stake in Lowe’s Companies in the 2nd quarter valued at about $30,000. Finally, Vermillion & White Wealth Management Group LLC grew its stake in Lowe’s Companies by 128.8% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 135 shares of the home improvement retailer’s stock worth $30,000 after acquiring an additional 76 shares in the last quarter. Hedge funds and other institutional investors own 74.06% of the company’s stock.

Lowe’s Companies News Roundup

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

• Positive Sentiment: Gordon Haskett raised its price target to $325 (from $310) and kept a “buy” rating — the new target implies material upside versus current levels and signals stronger analyst confidence in Lowe’s growth and execution. Gordon Haskett raises PT to $325
• Neutral Sentiment: Goldman Sachs nudged its price target slightly to $283 (from $280) and maintained a “buy” rating — a modest lift but still close to the current price, so it offers limited near‑term directional impact. Goldman raises PT to $283
• Neutral Sentiment: Dividend coverage and payout commentary (a roughly 2% yield scorecard) continue to position Lowe’s as an income option for investors, but this doesn’t materially change near‑term earnings expectations. Dividend scorecard
• Negative Sentiment: Lowe’s is eliminating about 600 corporate/support roles (reported as <1% of total headcount) to shift resources toward frontline store associates. While cost savings could help margins over time, the move may trigger short‑term restructuring charges and raises execution/organizational‑risk questions that investors often view cautiously. Lowe’s cuts 600 corporate roles

Analysts Set New Price Targets

A number of brokerages recently issued reports on LOW. Truist Financial set a $295.00 price target on Lowe’s Companies in a report on Friday, January 16th. DA Davidson decreased their target price on Lowe’s Companies from $266.00 to $250.00 and set a “neutral” rating for the company in a research report on Thursday, November 20th. Citigroup increased their price target on Lowe’s Companies from $250.00 to $285.00 and gave the stock a “neutral” rating in a research report on Thursday. Stifel Nicolaus raised their price target on Lowe’s Companies from $230.00 to $250.00 and gave the company a “hold” rating in a research note on Monday, December 1st. Finally, Argus lowered their price objective on shares of Lowe’s Companies from $290.00 to $286.00 and set a “buy” rating for the company in a research note on Tuesday, December 2nd. Twenty analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $286.30.

Lowe’s Companies Stock Up 0.6%

NYSE:LOW opened at $287.36 on Friday. Lowe’s Companies, Inc. has a 52 week low of $206.38 and a 52 week high of $293.06. The firm has a 50 day moving average of $261.04 and a 200 day moving average of $251.73. The stock has a market capitalization of $161.19 billion, a price-to-earnings ratio of 23.83, a PEG ratio of 4.48 and a beta of 0.97.

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

Insider Activity

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 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 filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.27% of the company’s stock.

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.