46,376 Lowe's Companies, Inc. $LOW Shares Purchased by Vest Financial LLC

Key Points

• Vest Financial increased its Lowe’s stake by 22.8% in the third quarter, purchasing 46,376 shares to hold 249,487 shares valued at approximately $46.0 million. Institutional investors and hedge funds collectively own 74.06% of the company.
• Lowe’s recently beat quarterly EPS expectations with $4.40 per share, but revenue came in below forecasts at $25.96 billion. Management’s fiscal 2026 outlook calls for approximately $12.25 in EPS, while cautious DIY demand remains a concern.
• The stock carries a “Moderate Buy” consensus rating with an average price target of $254.29, compared with a recent price near $196.53. Lowe’s also declared a quarterly dividend of $1.25, equivalent to a 2.5% annual yield.

Vest Financial LLC increased its position in Lowe's Companies, Inc. (NYSE:LOW - Free Report) by 22.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 249,487 shares of the home improvement retailer's stock after acquiring an additional 46,376 shares during the period. Vest Financial LLC's holdings in Lowe's Companies were worth $45,978,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Nykredit A S acquired a new position in Lowe's Companies in the 2nd quarter worth approximately $42,217,000. Kathmere Capital Management LLC lifted its stake in Lowe's Companies by 133.9% during the 1st quarter. Kathmere Capital Management LLC now owns 9,402 shares of the home improvement retailer's stock valued at $2,222,000 after acquiring an additional 5,383 shares during the period. First Citizens Bank & Trust Co. lifted its stake in Lowe's Companies by 31.8% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 24,068 shares of the home improvement retailer's stock valued at $4,435,000 after acquiring an additional 5,804 shares during the period. Econ Financial Services Corp boosted its holdings in shares of Lowe's Companies by 26.2% in the 1st quarter. Econ Financial Services Corp now owns 19,974 shares of the home improvement retailer's stock valued at $4,719,000 after acquiring an additional 4,147 shares during the last quarter. Finally, Glenview Trust Co boosted its holdings in shares of Lowe's Companies by 4.9% in the 2nd quarter. Glenview Trust Co now owns 230,389 shares of the home improvement retailer's stock valued at $50,798,000 after acquiring an additional 10,735 shares during the last quarter. Institutional investors and hedge funds own 74.06% of the company's stock.

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.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. JPMorgan Chase & Co. cut their price objective on shares of Lowe's Companies from $279.00 to $252.00 and set an "overweight" rating on the stock in a research note on Friday, July 31st. UBS Group reduced their target price on shares of Lowe's Companies from $285.00 to $275.00 and set a "buy" rating for the company in a report on Thursday, August 20th. Gordon Haskett downgraded shares of Lowe's Companies from a "buy" rating to a "hold" rating and set a $200.00 target price for the company. in a research report on Thursday, September 24th. Evercore set a $190.00 price target on shares of Lowe's Companies in a report on Tuesday, October 6th. Finally, Melius Research set a $244.00 price target on shares of Lowe's Companies in a report on Tuesday, October 6th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $254.29.

Lowe's Companies Price Performance

Shares of NYSE:LOW 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 market capitalization of $110.26 billion, a price-to-earnings ratio of 16.61, a price-to-earnings-growth ratio of 1.66 and a beta of 0.89. The business's 50 day moving average price is $198.17 and its 200-day moving average price is $213.91.

Lowe's Companies (NYSE:LOW - Get Free Report) last released its earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 EPS for the quarter, topping analysts' consensus estimates of $4.22 by $0.18. Lowe's Companies had a net margin of 7.34% and a negative return on equity of 75.67%. The business had revenue of $25.96 billion during the quarter, compared to analysts' expectations of $26.13 billion. During the same quarter in the previous year, the company earned $4.33 earnings per share. The company's quarterly 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, sell-side analysts expect that Lowe's Companies, Inc. will post 12.26 earnings per share for the current year.

Lowe's Companies Announces Dividend

The company also recently disclosed 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 2.5%. The ex-dividend date is Wednesday, October 21st. Lowe's Companies's payout ratio 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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