111 Capital Has $470,000 Stake in Lowe’s Companies, Inc. $LOW

111 Capital lessened its stake in Lowe’s Companies, Inc. (NYSE:LOW) by 68.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,869 shares of the home improvement retailer’s stock after selling 4,116 shares during the quarter. 111 Capital’s holdings in Lowe’s Companies were worth $470,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Howard Hughes Medical Institute bought a new stake in shares of Lowe’s Companies during the 2nd quarter valued at $27,000. Activest Wealth Management boosted 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 worth $29,000 after purchasing an additional 51 shares during the last quarter. Traub Capital Management LLC acquired a new stake in shares of Lowe’s Companies during the second quarter worth $30,000. Vermillion & White Wealth Management Group LLC increased its holdings in Lowe’s Companies by 128.8% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 135 shares of the home improvement retailer’s stock valued at $30,000 after purchasing an additional 76 shares during the last quarter. Finally, Guerra Advisors Inc bought a new stake in Lowe’s Companies in the third quarter valued at about $35,000. 74.06% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, CEO Marvin R. Ellison sold 18,000 shares of the firm’s stock in a transaction that occurred 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 transaction, the chief executive officer directly owned 231,043 shares of the company’s stock, valued at $60,341,500.31. This trade represents a 7.23% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.27% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on LOW shares. Barclays raised shares of Lowe’s Companies from an “equal weight” rating to an “overweight” rating and set a $285.00 price objective on the stock in a research note on Wednesday, January 7th. UBS Group reduced their price target on shares of Lowe’s Companies from $316.00 to $315.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. Morgan Stanley upped 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. The Goldman Sachs Group raised their price objective on Lowe’s Companies from $283.00 to $300.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Lowe’s Companies in a research note on Monday, December 29th. Twenty-one research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $291.64.

Lowe’s Companies Trading Up 0.2%

LOW stock opened at $257.64 on Wednesday. The stock has a 50-day moving average price of $267.50 and a two-hundred day moving average price of $254.60. Lowe’s Companies, Inc. has a 1 year low of $206.38 and a 1 year high of $293.06. The stock has a market cap of $144.52 billion, a PE ratio of 21.74, a price-to-earnings-growth ratio of 5.58 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 EPS for the quarter, beating analysts’ consensus estimates of $1.94 by $0.04. The company had revenue of $20.58 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period in the previous 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, analysts forecast that Lowe’s Companies, Inc. will post 11.9 earnings per share for the current fiscal year.

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.