Evercore Lowers Lowe’s Companies (NYSE:LOW) Price Target to $245.00

Lowe’s Companies (NYSE:LOW) had its price objective dropped by Evercore from $250.00 to $245.00 in a research note issued on Tuesday,MarketScreener reports. Evercore’s price objective suggests a potential upside of 3.89% from the stock’s previous close.

A number of other equities research analysts have also recently weighed in on LOW. Rothschild & Co Redburn lifted their price target on shares of Lowe’s Companies from $280.00 to $290.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. KGI Securities initiated coverage on shares of Lowe’s Companies in a report on Tuesday, March 10th. They issued a “neutral” rating and a $255.00 target price for the company. Jefferies Financial Group reissued a “buy” rating and issued a $305.00 target price on shares of Lowe’s Companies in a research report on Wednesday, February 25th. TD Cowen decreased their price target on Lowe’s Companies from $295.00 to $280.00 and set a “hold” rating on the stock in a research note on Thursday, February 26th. Finally, Gordon Haskett dropped their price objective on Lowe’s Companies from $325.00 to $300.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. Twenty-two equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $289.24.

Lowe’s Companies Price Performance

Shares of NYSE LOW opened at $235.82 on Tuesday. The company has a 50 day simple moving average of $260.05 and a 200-day simple moving average of $251.36. The company has a market capitalization of $132.07 billion, a P/E ratio of 19.90, a P/E/G ratio of 5.13 and a beta of 0.97. Lowe’s Companies has a 1 year low of $206.38 and a 1 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 EPS for the quarter, beating analysts’ consensus estimates of $1.94 by $0.04. The firm had revenue of $20.59 billion for the quarter, compared to analysts’ expectations of $20.34 billion. Lowe’s Companies had a negative return on equity of 61.40% and a net margin of 7.71%.The firm’s quarterly revenue was up 10.9% on a year-over-year basis. During the same period in the prior year, the firm posted $1.93 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. As a group, research analysts expect that Lowe’s Companies will post 11.9 EPS for the current year.

Insider Buying and Selling

In other Lowe’s Companies 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 value of $4,701,060.00. Following the completion of the transaction, the chief executive officer owned 231,043 shares in the company, valued at $60,341,500.31. The trade was a 7.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.27% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Providence Wealth Advisors LLC boosted its stake in shares of Lowe’s Companies by 0.5% in the 4th quarter. Providence Wealth Advisors LLC now owns 7,969 shares of the home improvement retailer’s stock valued at $1,959,000 after buying an additional 36 shares during the period. Rather & Kittrell Inc. raised its holdings in Lowe’s Companies by 0.4% in the fourth quarter. Rather & Kittrell Inc. now owns 10,379 shares of the home improvement retailer’s stock valued at $2,503,000 after acquiring an additional 38 shares in the last quarter. First Command Advisory Services Inc. raised its holdings in Lowe’s Companies by 1.3% in the fourth quarter. First Command Advisory Services Inc. now owns 2,947 shares of the home improvement retailer’s stock valued at $711,000 after acquiring an additional 38 shares in the last quarter. Walkner Condon Financial Advisors LLC lifted its stake in Lowe’s Companies by 4.3% in the fourth quarter. Walkner Condon Financial Advisors LLC now owns 945 shares of the home improvement retailer’s stock worth $228,000 after acquiring an additional 39 shares during the last quarter. Finally, Smithbridge Asset Management Inc. DE increased its position in shares of Lowe’s Companies by 1.1% in the 4th quarter. Smithbridge Asset Management Inc. DE now owns 3,723 shares of the home improvement retailer’s stock valued at $898,000 after purchasing an additional 39 shares during the last quarter. 74.06% of the stock is currently owned by hedge funds and other institutional investors.

Lowe’s Companies News Summary

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

• Positive Sentiment: Wall Street consensus remains generally constructive—the average brokerage recommendation is a “Buy,” which supports demand if analysts maintain coverage and positive narratives. Is It Worth Investing in Lowe’s (LOW) Based on Wall Street’s Bullish Views?
• Positive Sentiment: Zacks highlights Lowe’s as a trending ticker among its users, signaling retail investor interest and potential for volume spikes that can amplify moves on company news. Lowe’s Companies, Inc. (LOW) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Coverage pieces and listicles continue to include Lowe’s among top retail/dividend names, which can sustain long-term investor interest but don’t directly move the stock absent new fundamental developments. The Best 3 Retail Stocks to Buy and Hold for Decades
• Neutral Sentiment: General coverage noting cash-generation strengths and industry positioning leaves Lowe’s viewed as a structurally solid retailer, but these stories don’t alter near-term earnings expectations. 3 Cash-Producing Stocks That Fall Short
• Negative Sentiment: Evercore trimmed its price target on LOW from $250 to $245 (still an in-line rating), which reduces upside cited by sell-side research and can blunt rallies while investors re-assess fair value. Evercore adjusts price target on Lowe’s Companies to $245 from $250
• Negative Sentiment: Recent valuation and momentum notes flag a short-term pullback—LOW has declined noticeably over the past month, cooling momentum and making near-term sentiment more defensive even though longer-term returns remain healthy. A Look At Lowe’s (LOW) Valuation After Recent Share Price Pullback
• Negative Sentiment: Sector pressure: reports that Home Depot is seeing a slowdown in big-ticket remodel spending suggest higher interest rates and weak housing turnover could weigh on Lowe’s comparable big-ticket demand and margin leverage. Home Depot Faces Big-Ticket Slowdown: Temporary or Trend?

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.