Rep. Kevin Hern Sells Off Shares of Lowe's Companies, Inc. (NYSE:LOW)

Key Points

• Rep. Kevin Hern sold $1,001–$15,000 of Lowe’s shares on August 24 through the Hern Family Foundation, as part of a broader series of sales across multiple holdings.
• Lowe’s recently reported adjusted earnings of $4.40 per share, exceeding estimates, while quarterly revenue rose 8.3% year over year to $25.96 billion. However, weak DIY spending and housing-market conditions continue to pressure the company’s outlook.
• The company declared a $1.25 quarterly dividend, equivalent to $5.00 annually and a 2.5% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $258.53, despite several recent target reductions.

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of Lowe's Companies, Inc. NYSE: LOW. In a filing disclosed on September 01st, the Representative disclosed that they had sold between $1,001 and $15,000 in Lowe's Companies stock on August 24th. The trade occurred in the Representative's "HERN FAMILY FOUNDATION" account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Marsh & McLennan Companies NYSE: MRSH on 8/24/2026.
• Sold $15,001 - $50,000 in shares of Medtronic NYSE: MDT on 8/24/2026.
• Sold $50,001 - $100,000 in shares of Home Depot NYSE: HD on 8/24/2026.
• Sold $50,001 - $100,000 in shares of Procter & Gamble NYSE: PG on 8/24/2026.
• Sold $15,001 - $50,000 in shares of Microsoft NASDAQ: MSFT on 8/21/2026.
• Sold $1,001 - $15,000 in shares of Veralto NYSE: VLTO on 8/21/2026.
• Sold $15,001 - $50,000 in shares of Honeywell Aerospace NASDAQ: HONA on 8/19/2026.
• Sold $1,001 - $15,000 in shares of Colgate-Palmolive NYSE: CL on 8/19/2026.
• Sold $1,001 - $15,000 in shares of Biogen NASDAQ: BIIB on 8/18/2026.
• Sold $1,001 - $15,000 in shares of Anheuser-Busch InBev SA/NV NYSE: BUD on 8/18/2026.

Lowe's Companies Stock Down 0.2%

Shares of NYSE:LOW opened at $199.65 on Thursday. The company has a market capitalization of $112.02 billion, a price-to-earnings ratio of 16.88, a price-to-earnings-growth ratio of 2.66 and a beta of 0.85. Lowe's Companies, Inc. has a 52 week low of $199.34 and a 52 week high of $293.06. The firm has a 50 day moving average of $214.20 and a 200 day moving average of $228.69.

Lowe's Companies (NYSE:LOW - Get Free Report) last issued its quarterly earnings data on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share for the quarter, topping analysts' consensus estimates of $4.22 by $0.18. The firm had revenue of $25.96 billion during the quarter, compared to analysts' expectations of $26.13 billion. Lowe's Companies had a negative return on equity of 75.67% and a net margin of 7.34%.The firm's quarterly revenue was up 8.3% on a year-over-year basis. During the same period in the prior year, the business posted $4.33 EPS. Lowe's Companies has set its FY 2026 guidance at 12.250-12.250 EPS. On average, sell-side analysts expect that Lowe's Companies, Inc. will post 12.26 EPS for the current year.

Lowe's Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 4th. Stockholders of record on Wednesday, October 21st will be issued a $1.25 dividend. The ex-dividend date is Wednesday, October 21st. This represents a $5.00 annualized dividend and a dividend yield of 2.5%. Lowe's Companies's payout ratio is currently 42.27%.

Key Lowe's Companies News

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

• Positive Sentiment: Lowe’s Foundation launched the “Building Futures Skilled Trades Coalition” with more than 75 corporate and nonprofit partners, including NVIDIA, Bank of America and General Motors. The initiative aims to train and certify 1 million skilled-trades workers by 2035, potentially supporting Lowe’s brand, contractor relationships and future demand for home-improvement services. Morning Business Report: Lowe’s launches initiative to train 1 million skilled tradespeople
• Positive Sentiment: Management continues to highlight growth in its Pro customer business, digital sales and Home Services as longer-term offsets to softer DIY demand. The latest reported quarter also showed revenue growth of 8.3% year over year, while earnings per share exceeded analysts’ expectations. Can Lowe’s Pro Growth Justify Its Valuation Despite DIY Weakness?
• Neutral Sentiment: Some Zacks Research quarterly estimates were modestly raised, including Q2 2028 EPS to $4.56 from $4.55 and Q2 2029 EPS to $4.89 from $4.88. However, these small increases do not change the broader cautious estimate trend.
• Negative Sentiment: Zacks lowered several future forecasts, including FY2028 EPS to $12.94 from $13.60 and FY2029 EPS to $13.90 from $14.62. Estimates were also reduced for multiple 2027–2029 quarters, signaling weaker expected earnings momentum. Lowe’s Cuts 2026 Outlook as DIY Pressure Tests Its Growth Engines
• Negative Sentiment: The company’s reduced fiscal 2026 outlook reflects pressure from weak DIY spending and housing conditions. Although Pro and services are growing, investors remain concerned that these businesses may not fully offset sluggish consumer project demand. Dividend-focused investors are also scrutinizing Lowe’s payout coverage and the sustainability of future dividend increases. Home Depot vs. Lowe’s: One Dividend Looks Much Stronger Under the Hood

Insider Activity

In other news, EVP Juliette Williams Pryor sold 9,330 shares of the company's stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $224.81, for a total transaction of $2,097,477.30. Following the sale, the executive vice president owned 16,142 shares of the company's stock, valued at approximately $3,628,883.02. This represents a 36.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Margrethe R. Vagell sold 2,500 shares of the company's stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $223.83, for a total value of $559,575.00. Following the sale, the executive vice president owned 20,220 shares in the company, valued at approximately $4,525,842.60. This trade represents a 11.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 25,980 shares of company stock valued at $5,796,937. 0.29% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

LOW has been the subject of a number of research analyst reports. Wells Fargo & Company decreased their price target on Lowe's Companies from $255.00 to $245.00 and set an "overweight" rating for the company in a research note on Tuesday, August 11th. The Goldman Sachs Group dropped their price target on Lowe's Companies from $300.00 to $293.00 and set a "buy" rating on the stock in a research note on Thursday, May 21st. Sanford C. Bernstein decreased their price objective on shares of Lowe's Companies from $303.00 to $281.00 and set an "outperform" rating for the company in a research report on Thursday, May 14th. Truist Financial decreased their price objective on shares of Lowe's Companies from $255.00 to $254.00 and set a "buy" rating for the company in a research report on Thursday, August 20th. Finally, Weiss Ratings cut shares of Lowe's Companies from a "hold (c)" rating to a "hold (c-)" rating in a research note on Monday, August 17th. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $258.53.

Institutional Investors Weigh In On Lowe's Companies

Several hedge funds have recently bought and sold shares of the stock. Swiss RE Ltd. purchased a new position in Lowe's Companies in the 4th quarter valued at $25,000. Wilkerson Advisory Group LLC acquired a new position in Lowe's Companies in the 4th quarter valued at about $27,000. Sankala Group LLC purchased a new position in Lowe's Companies in the fourth quarter worth approximately $33,000. Markowski Investments purchased a new position in shares of Lowe's Companies during the 2nd quarter worth $33,000. Finally, Triumph Capital Management purchased a new position in Lowe's Companies during the third quarter worth about $34,000. Hedge funds and other institutional investors own 74.06% of the company's stock.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma's 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027. Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma's 1st Congressional District. He declared candidacy for the 2026 election. Kevin Hern went into business as a McDonald's franchisee in 1999. He acquired 10 McDonald's franchises by 2012. He served on the McDonald's National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

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.

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