Czech National Bank Grows Stock Holdings in Lowe’s Companies, Inc. $LOW

Czech National Bank grew its holdings in Lowe’s Companies, Inc. (NYSE:LOW) by 3.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 147,881 shares of the home improvement retailer’s stock after acquiring an additional 5,541 shares during the period. Czech National Bank’s holdings in Lowe’s Companies were worth $35,663,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Activest Wealth Management increased its holdings in Lowe’s Companies by 78.5% in the 3rd 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 in the last quarter. Howard Hughes Medical Institute acquired a new position in shares of Lowe’s Companies during the second quarter worth about $27,000. United Financial Planning Group LLC acquired a new position in shares of Lowe’s Companies during the third quarter worth about $31,000. Triumph Capital Management purchased a new stake in shares of Lowe’s Companies in the third quarter worth about $34,000. Finally, Vermillion & White Wealth Management Group LLC boosted its position in shares of 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 worth $30,000 after buying an additional 76 shares during the period. Institutional investors and hedge funds own 74.06% of the company’s stock.

Analyst Upgrades and Downgrades

LOW has been the topic of several analyst reports. TD Cowen dropped their target price on Lowe’s Companies from $295.00 to $280.00 and set a “hold” rating on the stock in a report on Thursday, February 26th. KGI Securities assumed coverage on Lowe’s Companies in a report on Tuesday, March 10th. They issued a “neutral” rating and a $255.00 price target for the company. Royal Bank Of Canada increased their price objective on shares of Lowe’s Companies from $252.00 to $257.00 and gave the company a “sector perform” rating in a research report on Monday, February 23rd. Robert W. Baird lifted their price objective on shares of Lowe’s Companies from $290.00 to $320.00 and gave the company an “outperform” rating in a research note on Tuesday, February 17th. Finally, Piper Sandler reissued an “overweight” rating and set a $300.00 target price (up from $294.00) on shares of Lowe’s Companies in a research report on Thursday, February 26th. Twenty-two analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $289.76.

Lowe’s Companies Stock Performance

NYSE:LOW opened at $236.28 on Thursday. The stock has a market cap of $132.54 billion, a price-to-earnings ratio of 19.94, a price-to-earnings-growth ratio of 5.09 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. The business’s 50-day simple moving average is $264.20 and its 200 day simple moving average is $252.64.

Lowe’s Companies (NYSE:LOW) last issued 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. Lowe’s Companies had a negative return on equity of 61.40% and a net margin of 7.71%.The firm had revenue of $20.59 billion during the quarter, compared to analyst estimates of $20.34 billion. During the same quarter last year, the firm earned $1.93 EPS. Lowe’s Companies’s quarterly revenue was up 10.9% on a year-over-year basis. 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 business also recently declared a quarterly dividend, which will be paid on Wednesday, May 6th. Investors of record on Wednesday, April 22nd will be paid a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Wednesday, April 22nd. Lowe’s Companies’s payout ratio is 40.51%.

Insider Transactions at Lowe’s Companies

In related news, CEO Marvin R. Ellison sold 18,000 shares of the company’s stock in a transaction on Friday, January 9th. The shares were sold at an average price of $261.17, for a total value 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. This represents a 7.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.27% of the stock is owned by corporate insiders.

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.