Lowe's Companies, Inc. (NYSE:LOW) Stock Now Rated "Moderate Buy" by Wall Street Analysts

Key Points

• Wall Street rates Lowe’s a “Moderate Buy”: Of 37 analysts, 22 recommend buying, 12 recommend holding and 2 recommend selling. The average 12-month price target is $253.48, although several analysts recently lowered their targets.
• Latest quarterly results were mixed: Lowe’s reported $4.40 in adjusted earnings per share, exceeding expectations of $4.22, while revenue of $25.96 billion fell slightly short of forecasts but increased 8.3% year over year.
• Investors receive a 2.4% dividend yield: The company declared a quarterly dividend of $1.25 per share, or $5.00 annualized, with a 42.27% payout ratio. Institutional investors own approximately 74.06% of Lowe’s shares.

Shares of Lowe's Companies, Inc. (NYSE:LOW - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the thirty-seven analysts that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation, twenty-two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $253.48.

Several analysts recently issued reports on LOW shares. Sanford C. Bernstein cut their price objective on Lowe's Companies from $261.00 to $254.00 and set an "outperform" rating for the company in a report on Wednesday, September 9th. Truist Financial lowered their target price on Lowe's Companies from $255.00 to $254.00 and set a "buy" rating on the stock in a research note on Thursday, August 20th. JPMorgan Chase & Co. dropped their target price on Lowe's Companies from $279.00 to $252.00 and set an "overweight" rating on the stock in a research report on Friday, July 31st. DA Davidson reaffirmed a "neutral" rating and set a $245.00 price target on shares of Lowe's Companies in a research note on Wednesday, August 19th. Finally, Piper Sandler reduced their price target on Lowe's Companies from $276.00 to $274.00 and set an "overweight" rating for the company in a report on Thursday, August 13th.

Lowe's Companies Price Performance

Shares of LOW opened at $209.18 on Friday. The company has a market capitalization of $117.36 billion, a price-to-earnings ratio of 17.68, a P/E/G ratio of 1.73 and a beta of 0.89. Lowe's Companies has a fifty-two week low of $178.45 and a fifty-two week high of $293.06. The business's 50-day moving average is $196.23 and its 200-day moving average is $226.43.

Lowe's Companies (NYSE:LOW - Get Free Report) last posted its quarterly earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 EPS for the quarter, topping the consensus estimate of $4.22 by $0.18. The business had revenue of $25.96 billion during the quarter, compared to analysts' expectations of $26.13 billion. Lowe's Companies had a net margin of 7.34% and a negative return on equity of 75.67%. The firm's quarterly revenue was up 8.3% compared to the same quarter last year. During the same period last year, the company posted $4.33 earnings per share. Lowe's Companies has set its FY 2026 guidance at 12.250-12.250 EPS. Equities research analysts expect that Lowe's Companies will post 12.25 earnings per share for the current fiscal year.

Lowe's Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 4th. Investors of record on Wednesday, October 21st will be issued a $1.25 dividend. This represents a $5.00 annualized dividend and a yield of 2.4%. The ex-dividend date is Wednesday, October 21st. Lowe's Companies's payout ratio is 42.27%.

Institutional Investors Weigh In On Lowe's Companies

A number of large investors have recently added to or reduced their stakes in the stock. Jmac Enterprises LLC raised its stake in Lowe's Companies by 45.0% in the 3rd quarter. Jmac Enterprises LLC now owns 2,900 shares of the home improvement retailer's stock valued at $534,000 after acquiring an additional 900 shares during the period. Cordgrass Capital Advisors LLC increased its holdings in shares of Lowe's Companies by 1.2% in the third quarter. Cordgrass Capital Advisors LLC now owns 4,486 shares of the home improvement retailer's stock valued at $827,000 after purchasing an additional 52 shares during the last quarter. Ascent Group LLC increased its holdings in shares of Lowe's Companies by 25.9% in the third quarter. Ascent Group LLC now owns 13,284 shares of the home improvement retailer's stock valued at $2,448,000 after purchasing an additional 2,732 shares during the last quarter. Caldwell Trust Co increased its holdings in shares of Lowe's Companies by 5.1% in the third quarter. Caldwell Trust Co now owns 3,587 shares of the home improvement retailer's stock valued at $661,000 after purchasing an additional 175 shares during the last quarter. Finally, 3Chopt Investment Partners LLC raised its position in shares of Lowe's Companies by 27.9% in the third quarter. 3Chopt Investment Partners LLC now owns 4,739 shares of the home improvement retailer's stock valued at $873,000 after purchasing an additional 1,033 shares during the period. Institutional investors own 74.06% of the company's stock.

Lowe's Companies Company Profile

Lowe's Companies, Inc is a home improvement retailer serving do-it-yourself customers, professional contractors and commercial customers across the United States. The company sells products for home construction, maintenance, repair, remodeling and improvement through its stores and digital platforms.

Its merchandise includes appliances, tools, hardware, lumber, building materials, electrical and plumbing supplies, paint, flooring, kitchen and bathroom products, outdoor living items, lawn and garden products, and seasonal merchandise.

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