31,806 Lowe's Companies, Inc. $LOW Shares Sold by SteelPeak Wealth LLC

Key Points

• SteelPeak Wealth cut its Lowe’s position by 96.4%, selling 31,806 shares in the third quarter and retaining 1,174 shares worth approximately $216,000. Institutional investors still own about 74.1% of the company.
• Analysts remain broadly positive, with Lowe’s holding a “Moderate Buy” consensus rating and an average price target of $254.29, despite some recent target reductions and one downgrade to “Hold.”
• Lowe’s beat quarterly EPS expectations but missed revenue estimates; management’s roughly flat comparable-sales outlook highlights pressure from cautious consumers. The company also declared a $1.25 quarterly dividend, equivalent to a 2.5% annual yield.

SteelPeak Wealth LLC trimmed its position in shares of Lowe's Companies, Inc. (NYSE:LOW - Free Report) by 96.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,174 shares of the home improvement retailer's stock after selling 31,806 shares during the period. SteelPeak Wealth LLC's holdings in Lowe's Companies were worth $216,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Markowski Investments bought a new position in Lowe's Companies during the 2nd quarter valued at approximately $33,000. IAG Wealth Partners LLC lifted its holdings in Lowe's Companies by 178.6% in the 1st quarter. IAG Wealth Partners LLC now owns 156 shares of the home improvement retailer's stock worth $37,000 after buying an additional 100 shares during the period. Miller Global Investments LLC purchased a new stake in Lowe's Companies in the 3rd quarter worth approximately $40,000. Lodestone Wealth Management LLC lifted its holdings in Lowe's Companies by 95.6% in the 3rd quarter. Lodestone Wealth Management LLC now owns 221 shares of the home improvement retailer's stock worth $41,000 after buying an additional 108 shares during the period. Finally, Provenance Wealth Advisors LLC grew its position in shares of Lowe's Companies by 416.7% in the 1st quarter. Provenance Wealth Advisors LLC now owns 186 shares of the home improvement retailer's stock worth $44,000 after buying an additional 150 shares during the last quarter. 74.06% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Morgan Stanley reissued an "overweight" rating on shares of Lowe's Companies in a research note on Thursday, August 20th. Citigroup decreased their target price on Lowe's Companies from $267.00 to $260.00 and set a "buy" rating for the company in a report on Thursday, August 20th. JPMorgan Chase & Co. dropped their price target on Lowe's Companies from $279.00 to $252.00 and set an "overweight" rating for the company in a research note on Friday, July 31st. Gordon Haskett cut shares of Lowe's Companies from a "buy" rating to a "hold" rating and set a $200.00 price target on the stock. in a report on Thursday, September 24th. Finally, DA Davidson reiterated a "neutral" rating and issued a $245.00 price target on shares of Lowe's Companies in a report on Wednesday, August 19th. 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 assigned a Sell rating to the stock. According to MarketBeat.com, Lowe's Companies has a consensus rating of "Moderate Buy" and a consensus price target of $254.29.

Trending Headlines about Lowe's Companies

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

• Positive Sentiment: Evercore raised its price target to $200, suggesting improved confidence in Lowe’s valuation or operating outlook. The new target is modestly above the recent trading range. Evercore raises Lowe’s price target
• Positive Sentiment: Lowe’s remains relatively inexpensive compared with Home Depot, trading at roughly 16.9 times earnings versus Home Depot at approximately 22.1 times. The valuation discount could attract investors if Lowe’s execution improves. Lowe’s valuation comparison
• Positive Sentiment: Analysts and investors continue to focus on Lowe’s Pro business expansion, while some commentary argues that the shares are undervalued. The company’s retail real-estate footprint and Pro-oriented strategy are viewed as potential long-term supports. Lowe’s Pro expansion and valuation
• Positive Sentiment: Lowe’s marketplace and fulfillment relationships remain a modest positive, with partner Spreetail receiving recognition for supporting big-and-bulky product sales across Lowe’s and other major platforms. The development may support Lowe’s e-commerce capabilities, though it is not a major earnings catalyst by itself. Spreetail marketplace fulfillment recognition
• Neutral Sentiment: Lowe’s dividend remains part of the investment case, with the latest dividend analysis likely appealing to income-oriented shareholders, but dividend coverage and future growth depend on earnings and cash flow. Lowe’s dividend analysis
• Negative Sentiment: The main pressure remains cautious consumers and homeowners. Lowe’s reduced its fiscal 2026 comparable-sales outlook from 1% growth to roughly flat, while management cited weaker demand for do-it-yourself projects. This raises concerns about sales momentum and the possibility of further estimate cuts. Lowe’s store-sales outlook
• Negative Sentiment: The latest earnings report was mixed: Lowe’s exceeded EPS expectations, but revenue fell short of consensus and full-year guidance points to approximately $12.25 EPS. The combination of an earnings beat and softer top-line outlook limits the bullish impact.

Lowe's Companies Price Performance

LOW stock opened at $196.53 on Thursday. Lowe's Companies, Inc. has a 1 year low of $178.45 and a 1 year high of $293.06. The firm has a 50-day moving average of $198.17 and a 200 day moving average of $213.91. The company has a market cap of $110.26 billion, a P/E ratio of 16.61, a PEG ratio of 1.66 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 for the quarter, beating 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 business had revenue of $25.96 billion for the quarter, compared to analysts' expectations of $26.13 billion. During the same period in the previous year, the firm posted $4.33 EPS. The business's revenue was up 8.3% on a year-over-year basis. Lowe's Companies has set its FY 2026 guidance at 12.250-12.250 EPS. On average, equities research analysts expect that Lowe's Companies, Inc. will post 12.26 earnings per share for the current fiscal year.

Lowe's Companies Dividend Announcement

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

About Lowe's Companies

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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