Diversified Trust Co. Cuts Stock Position in Lowe’s Companies, Inc. $LOW

Diversified Trust Co. cut its position in Lowe’s Companies, Inc. (NYSE:LOW) by 20.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 40,642 shares of the home improvement retailer’s stock after selling 10,563 shares during the quarter. Diversified Trust Co.’s holdings in Lowe’s Companies were worth $9,801,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of LOW. Waterloo Capital L.P. raised its stake in shares of Lowe’s Companies by 1.2% during the 2nd quarter. Waterloo Capital L.P. now owns 3,455 shares of the home improvement retailer’s stock worth $767,000 after acquiring an additional 41 shares in the last quarter. TruWealth Advisors LLC boosted its stake in Lowe’s Companies by 2.7% in the third quarter. TruWealth Advisors LLC now owns 1,580 shares of the home improvement retailer’s stock valued at $397,000 after acquiring an additional 42 shares in the last quarter. Cypress Wealth Services LLC boosted its stake in Lowe’s Companies by 2.0% in the third quarter. Cypress Wealth Services LLC now owns 2,191 shares of the home improvement retailer’s stock valued at $551,000 after acquiring an additional 42 shares in the last quarter. Hidden Cove Wealth Management LLC grew its holdings in Lowe’s Companies by 4.6% in the third quarter. Hidden Cove Wealth Management LLC now owns 960 shares of the home improvement retailer’s stock worth $241,000 after purchasing an additional 42 shares during the last quarter. Finally, Roble Belko & Company Inc grew its holdings 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 during the last quarter. 74.06% of the stock is currently owned by institutional investors.

Lowe’s Companies Stock Performance

NYSE:LOW opened at $234.33 on Tuesday. The firm’s fifty day moving average is $265.77 and its two-hundred day moving average is $253.00. The firm has a market cap of $131.44 billion, a price-to-earnings ratio of 19.77, a PEG ratio of 4.88 and a beta of 0.98. Lowe’s Companies, Inc. has a one year low of $206.38 and a one year high of $293.06.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings data on Wednesday, February 25th. The home improvement retailer reported $1.98 earnings per share for the quarter, beating analysts’ consensus estimates of $1.94 by $0.04. The business had revenue of $20.59 billion during 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 revenue was up 10.9% on a year-over-year basis. During the same quarter last year, the business posted $1.93 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. As a group, equities research analysts predict that Lowe’s Companies, Inc. will post 11.9 earnings per share for the current fiscal year.

Lowe’s Companies Announces Dividend

The business also recently declared 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 2.0%. The ex-dividend date is Wednesday, April 22nd. Lowe’s Companies’s dividend payout ratio (DPR) is currently 40.51%.

Analysts Set New Price Targets

Several brokerages have recently commented on LOW. Telsey Advisory Group increased their price objective on Lowe’s Companies from $285.00 to $295.00 and gave the company an “outperform” rating in a report on Thursday, February 26th. Oppenheimer dropped their target price on Lowe’s Companies from $320.00 to $315.00 and set an “outperform” rating on the stock in a research note on Friday, December 5th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Lowe’s Companies in a research report on Monday, December 29th. Wells Fargo & Company increased their price target on Lowe’s Companies from $280.00 to $290.00 and gave the company an “overweight” rating in a research note on Thursday, February 26th. Finally, Piper Sandler restated an “overweight” rating and set a $300.00 price target (up from $294.00) on shares of Lowe’s Companies in a research note on Thursday, February 26th. Twenty-one equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $289.76.

Insider Transactions at Lowe’s Companies

In other Lowe’s Companies news, CEO Marvin R. Ellison sold 18,000 shares of the business’s stock in a transaction that occurred on Friday, January 9th. The stock was sold at an average price of $261.17, for a total value 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 approximately $60,341,500.31. The trade was a 7.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.27% of the company’s stock.

About Lowe’s Companies

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.