Dakota Wealth Management Acquires 6,915 Shares of Lowe’s Companies, Inc. $LOW

Dakota Wealth Management grew its holdings in Lowe’s Companies, Inc. (NYSE:LOW) by 83.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 15,196 shares of the home improvement retailer’s stock after purchasing an additional 6,915 shares during the quarter. Dakota Wealth Management’s holdings in Lowe’s Companies were worth $3,665,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the business. Norges Bank acquired a new position in Lowe’s Companies during the 2nd quarter worth about $1,773,624,000. Wellington Management Group LLP grew its holdings in Lowe’s Companies by 102.0% during the 3rd quarter. Wellington Management Group LLP now owns 4,204,311 shares of the home improvement retailer’s stock worth $1,056,585,000 after acquiring an additional 2,122,622 shares during the last quarter. Victory Capital Management Inc. increased its position in Lowe’s Companies by 207.2% in the 3rd quarter. Victory Capital Management Inc. now owns 2,058,086 shares of the home improvement retailer’s stock valued at $517,218,000 after acquiring an additional 1,388,133 shares in the last quarter. Worldquant Millennium Advisors LLC increased its position in Lowe’s Companies by 243.2% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 1,116,945 shares of the home improvement retailer’s stock valued at $247,817,000 after acquiring an additional 791,526 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its stake in shares of Lowe’s Companies by 101.4% in the third quarter. Robeco Institutional Asset Management B.V. now owns 1,244,941 shares of the home improvement retailer’s stock worth $312,866,000 after acquiring an additional 626,829 shares during the last quarter. Institutional investors own 74.06% of the company’s stock.

Lowe’s Companies Price Performance

Shares of LOW stock opened at $230.07 on Friday. The stock has a market cap of $128.85 billion, a PE ratio of 19.42, a price-to-earnings-growth ratio of 5.13 and a beta of 0.98. The stock has a 50-day moving average of $262.43 and a 200-day moving average of $252.23. 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, topping the consensus estimate of $1.94 by $0.04. The business had revenue of $20.59 billion for the quarter, compared to analyst estimates of $20.34 billion. Lowe’s Companies had a net margin of 7.71% and a negative return on equity of 61.40%. Lowe’s Companies’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.93 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. As a group, research analysts anticipate that Lowe’s Companies, Inc. will post 11.9 earnings per share for the current year.

Lowe’s Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 6th. Stockholders of record on Wednesday, April 22nd will be given a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Wednesday, April 22nd. Lowe’s Companies’s dividend payout ratio (DPR) is currently 40.51%.

Analyst Upgrades and Downgrades

LOW has been the topic of a number of research reports. Weiss Ratings upgraded shares of Lowe’s Companies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday. Piper Sandler restated an “overweight” rating and issued a $300.00 price objective (up from $294.00) on shares of Lowe’s Companies in a research report on Thursday, February 26th. Wells Fargo & Company boosted their price objective on shares of Lowe’s Companies from $280.00 to $290.00 and gave the stock an “overweight” rating in a research report on Thursday, February 26th. Rothschild & Co Redburn upped their price objective on Lowe’s Companies from $280.00 to $290.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. Finally, Guggenheim increased their price objective on Lowe’s Companies from $280.00 to $300.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Twenty-two investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $289.76.

Insider Activity

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 completion of the sale, the chief executive officer owned 231,043 shares in the company, valued at $60,341,500.31. This represents a 7.23% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.27% of the stock is owned by company 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.