6,800 Shares in Lowe's Companies, Inc. $LOW Bought by Copeland Capital Management LLC

Key Points

• Copeland Capital Management acquired 6,800 Lowe’s shares worth approximately $1.25 million in the third quarter. Institutional investors and hedge funds collectively own 74.06% of the company.
• Analysts maintain a generally positive view, with a consensus rating of “Moderate Buy” and an average price target of $254.29, despite several recent target-price cuts.
• Lowe’s recently beat quarterly EPS estimates, reported 8.3% year-over-year revenue growth, and declared a $1.25 quarterly dividend, equivalent to a 2.7% annual yield.

Copeland Capital Management LLC purchased a new stake in Lowe's Companies, Inc. (NYSE:LOW - Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 6,800 shares of the home improvement retailer's stock, valued at approximately $1,253,000.

Several other hedge funds have also added to or reduced their stakes in the business. Krilogy Financial LLC lifted its holdings in shares of Lowe's Companies by 14.3% during the third quarter. Krilogy Financial LLC now owns 6,910 shares of the home improvement retailer's stock worth $1,282,000 after buying an additional 867 shares in the last quarter. Fagan Associates Inc. boosted its position in shares of Lowe's Companies by 1.1% in the third quarter. Fagan Associates Inc. now owns 76,568 shares of the home improvement retailer's stock valued at $14,111,000 after acquiring an additional 846 shares during the period. Forvis Mazars Wealth Advisors LLC grew its stake in shares of Lowe's Companies by 1.4% in the third quarter. Forvis Mazars Wealth Advisors LLC now owns 33,487 shares of the home improvement retailer's stock valued at $6,171,000 after acquiring an additional 454 shares in the last quarter. Catalyst Private Wealth LLC acquired a new position in shares of Lowe's Companies in the third quarter valued at about $232,000. Finally, St. Clair Advisors LLC grew its stake in shares of Lowe's Companies by 1.9% in the third quarter. St. Clair Advisors LLC now owns 5,425 shares of the home improvement retailer's stock valued at $1,000,000 after acquiring an additional 100 shares in the last quarter. Institutional investors and hedge funds own 74.06% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on LOW. Royal Bank Of Canada reaffirmed a "sector perform" rating and set a $231.00 price target on shares of Lowe's Companies in a research report on Thursday, August 20th. Piper Sandler cut their price objective on shares of Lowe's Companies from $276.00 to $274.00 and set an "overweight" rating for the company in a report on Thursday, August 13th. JPMorgan Chase & Co. decreased their target price on shares of 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. Truist Financial decreased their target price on shares of Lowe's Companies from $255.00 to $254.00 and set a "buy" rating on the stock in a research report on Thursday, August 20th. Finally, Wells Fargo & Company lowered their target price on shares of Lowe's Companies from $255.00 to $245.00 and set an "overweight" rating on the stock in a report on Tuesday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $254.29.

Key Lowe's Companies News

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

• Positive Sentiment: Lowe’s dividend remains a key attraction. The company has roughly doubled its quarterly payout since 2021, supported by a resilient store network, strong customer relationships and growing exposure to professional contractors. Lowe’s Dividend Sustainability Looks Solid, but Returns Face a Test
• Positive Sentiment: The retailer is investing approximately $542 million in digital and fulfillment capabilities and using its Mylow artificial-intelligence assistant, e-commerce upgrades and extended holiday promotions to improve customer engagement and support sales growth. Lowe’s AI-Driven Holiday Push and E-Commerce Spend Might Change The Case For Investing In Lowe’s Companies (LOW)
• Positive Sentiment: Traeger’s planned Lowe’s rollout in 2027 could provide an additional merchandise and vendor opportunity, although the financial impact is still prospective. Traeger: Waiting For The Lowe's Rollout In 2027

Lowe's Companies Stock Down 0.2%

NYSE:LOW opened at $188.36 on Thursday. Lowe's Companies, Inc. has a twelve month low of $178.45 and a twelve month high of $293.06. The stock's 50-day simple moving average is $200.41 and its 200 day simple moving average is $215.19. The firm has a market capitalization of $105.68 billion, a PE ratio of 15.92, a price-to-earnings-growth ratio of 1.58 and a beta of 0.89.

Lowe's Companies (NYSE:LOW - Get Free Report) last released its quarterly earnings data on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share (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 period in the prior year, the company earned $4.33 EPS. The firm's quarterly revenue 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. On average, analysts anticipate that Lowe's Companies, Inc. will post 12.26 EPS 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. Shareholders of record on Wednesday, October 21st will be given a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Wednesday, October 21st. Lowe's Companies's payout ratio is 42.27%.

Lowe's Companies Company 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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