7,151 Shares of Lowe's Companies, Inc. $LOW Purchased by Silverleafe Capital Partners LLC

Key Points

• Silverleafe Capital Partners acquired 7,151 Lowe’s shares in the third quarter, worth approximately $1.32 million. Institutional investors and hedge funds collectively own 74.06% of the company.
• Lowe’s reported quarterly earnings of $4.40 per share, beating analyst expectations of $4.22, while revenue rose 8.3% year over year to $25.96 billion but fell slightly short of estimates.
• The company declared a quarterly dividend of $1.25 per share, equivalent to $5.00 annually and a 2.8% yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $255.97, well above the reported price of $180.97.

Silverleafe Capital Partners LLC acquired a new position in shares of Lowe's Companies, Inc. (NYSE:LOW - Free Report) in the third quarter, according to its most recent disclosure with the SEC. The firm acquired 7,151 shares of the home improvement retailer's stock, valued at approximately $1,318,000.

Other hedge funds also recently added to or reduced their stakes in the company. Kathmere Capital Management LLC raised its position 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 worth $2,222,000 after buying an additional 5,383 shares during the last quarter. LPL Financial LLC increased its stake in shares of Lowe's Companies by 2.3% during the fourth quarter. LPL Financial LLC now owns 993,332 shares of the home improvement retailer's stock worth $239,552,000 after acquiring an additional 22,175 shares during the period. Nykredit A S acquired a new position in shares of Lowe's Companies during the second quarter worth about $42,217,000. O Shaughnessy Asset Management LLC increased its stake in shares of Lowe's Companies by 12.0% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 178,881 shares of the home improvement retailer's stock worth $43,139,000 after acquiring an additional 19,096 shares during the period. Finally, Econ Financial Services Corp raised its holdings in Lowe's Companies by 26.2% during the first quarter. Econ Financial Services Corp now owns 19,974 shares of the home improvement retailer's stock worth $4,719,000 after purchasing an additional 4,147 shares in the last quarter. 74.06% of the stock is owned by institutional investors and hedge funds.

Lowe's Companies Price Performance

LOW traded down $1.41 during trading on Friday, reaching $180.97. 2,771,498 shares of the stock were exchanged, compared to its average volume of 2,957,850. The company has a market capitalization of $101.53 billion, a price-to-earnings ratio of 15.30, a P/E/G ratio of 2.45 and a beta of 0.89. Lowe's Companies, Inc. has a 1 year low of $179.21 and a 1 year high of $293.06. The business's 50 day moving average price is $205.58 and its two-hundred day moving average price is $218.33.

Lowe's Companies (NYSE:LOW - Get Free Report) last announced its quarterly earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $26.13 billion. During the same quarter last year, the business posted $4.33 earnings per share. The business's revenue for the quarter 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, analysts anticipate that Lowe's Companies, Inc. will post 12.26 EPS for the current year.

Lowe's Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 4th. Stockholders of record on Wednesday, October 21st will be paid a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Wednesday, October 21st. Lowe's Companies's dividend payout ratio (DPR) is 42.27%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on LOW shares. DA Davidson reaffirmed a "neutral" rating and issued a $245.00 price objective on shares of Lowe's Companies in a report on Wednesday, August 19th. UBS Group dropped their price objective on Lowe's Companies from $285.00 to $275.00 and set a "buy" rating on the stock in a report on Thursday, August 20th. Guggenheim reissued a "buy" rating and issued a $275.00 target price on shares of Lowe's Companies in a report on Monday, September 21st. TD Cowen reiterated a "hold" rating and issued a $235.00 price target on shares of Lowe's Companies in a report on Thursday, August 20th. Finally, Wells Fargo & Company reduced their price objective on shares of Lowe's Companies from $255.00 to $245.00 and set an "overweight" rating for the company in a research note on Tuesday, August 11th. Twenty-two equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Lowe's Companies presently has an average rating of "Moderate Buy" and a consensus target price of $255.97.

About Lowe's Companies

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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