105,068 Lowe's Companies, Inc. $LOW Shares Sold by Vontobel Holding Ltd.

Key Points

• Vontobel Holding Ltd. cut its Lowe’s stake by 40.8% in the third quarter, selling 105,068 shares and retaining 152,599 shares valued at approximately $28.1 million. Institutional investors collectively own 74.06% of the company.
• Analysts maintain a generally positive outlook, with Lowe’s receiving a consensus “Moderate Buy” rating and an average price target of $254.29, despite several recent target reductions.
• Lowe’s shares recently traded at $197.22, while the company reported quarterly EPS of $4.40, exceeding estimates, and declared a quarterly dividend of $1.25 per share, representing a 2.5% annualized yield.

Vontobel Holding Ltd. lowered its stake in Lowe's Companies, Inc. (NYSE:LOW - Free Report) by 40.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 152,599 shares of the home improvement retailer's stock after selling 105,068 shares during the quarter. Vontobel Holding Ltd.'s holdings in Lowe's Companies were worth $28,122,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of LOW. Sankala Group LLC purchased a new position in Lowe's Companies in the 4th quarter worth approximately $33,000. Markowski Investments acquired a new stake in Lowe's Companies in the second quarter valued at approximately $33,000. IAG Wealth Partners LLC raised its stake in shares of Lowe's Companies by 178.6% during the first quarter. IAG Wealth Partners LLC now owns 156 shares of the home improvement retailer's stock valued at $37,000 after purchasing an additional 100 shares during the period. Provenance Wealth Advisors LLC raised its stake in shares of Lowe's Companies by 416.7% during the first quarter. Provenance Wealth Advisors LLC now owns 186 shares of the home improvement retailer's stock valued at $44,000 after purchasing an additional 150 shares during the period. Finally, Legacy Wealth Managment LLC ID raised its stake in shares of Lowe's Companies by 219.7% during the first quarter. Legacy Wealth Managment LLC ID now owns 195 shares of the home improvement retailer's stock valued at $46,000 after purchasing an additional 134 shares during the period. 74.06% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Telsey Advisory Group decreased their target price on shares of Lowe's Companies from $280.00 to $260.00 and set an "outperform" rating for the company in a research note on Thursday, August 20th. Royal Bank Of Canada reaffirmed a "sector perform" rating and set a $231.00 price target on shares of Lowe's Companies in a report on Thursday, August 20th. TD Cowen reaffirmed a "hold" rating and set a $235.00 price target on shares of Lowe's Companies in a research note on Thursday, August 20th. Melius Research set a $244.00 price target on shares of Lowe's Companies in a research note on Tuesday, October 6th. Finally, Sanford C. Bernstein cut their price objective on shares of Lowe's Companies from $261.00 to $254.00 and set an "outperform" rating on the stock in a report on Wednesday, September 9th. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $254.29.

Lowe's Companies Trading Up 0.8%

NYSE LOW traded up $1.50 during mid-day trading on Friday, reaching $197.22. 3,708,564 shares of the company's stock traded hands, compared to its average volume of 3,432,308. Lowe's Companies, Inc. has a 1-year low of $178.45 and a 1-year high of $293.06. The company has a fifty day simple moving average of $199.44 and a 200-day simple moving average of $214.83. The company has a market cap of $110.65 billion, a price-to-earnings ratio of 16.67, a P/E/G ratio of 1.64 and a beta of 0.89.

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

Lowe's Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 4th. Stockholders of record on Wednesday, October 21st will be given a dividend of $1.25 per share. The ex-dividend date of this dividend is Wednesday, October 21st. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.5%. Lowe's Companies's dividend payout ratio (DPR) is presently 42.27%.

Lowe's Companies Profile

Lowe's Companies, Inc is a home improvement retailer serving homeowners, renters, and professional contractors primarily in the United States. The company operates through a network of retail stores and digital channels, offering products and services for home repair, maintenance, remodeling, construction, and outdoor living.

Its merchandise includes appliances, tools, hardware, lumber, building materials, plumbing and electrical supplies, paint, flooring, kitchen and bath products, lighting, home décor, lawn and garden equipment, and seasonal goods.

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