Advocacy Wealth Management LLC Has $7.42 Million Stake in Lowe's Companies, Inc. $LOW

Key Points

• Advocacy Wealth Management cut its Lowe’s stake by 31.4% in the second quarter, selling 15,386 shares and retaining 33,651 shares valued at approximately $7.42 million.
• Analysts remain broadly positive, with 23 Buy, 11 Hold and 2 Sell ratings; the stock has a “Moderate Buy” consensus and an average price target of $258.53.
• Lowe’s reported quarterly EPS of $4.40, exceeding estimates of $4.22, while revenue rose 8.3% year over year to $25.96 billion but fell slightly short of expectations.

Advocacy Wealth Management LLC decreased its position in Lowe's Companies, Inc. (NYSE:LOW - Free Report) by 31.4% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 33,651 shares of the home improvement retailer's stock after selling 15,386 shares during the quarter. Advocacy Wealth Management LLC's holdings in Lowe's Companies were worth $7,420,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. BTG Pactual Asset Management US LLC bought a new position in shares of Lowe's Companies during the 2nd quarter valued at $487,000. Headlands Technologies LLC bought a new stake in Lowe's Companies in the second quarter worth $1,116,000. Quantitative Investment Management LLC bought a new stake in Lowe's Companies in the second quarter worth $1,081,000. Sigma Planning Corp increased its position in Lowe's Companies by 0.4% during the second quarter. Sigma Planning Corp now owns 20,982 shares of the home improvement retailer's stock worth $4,626,000 after buying an additional 83 shares during the last quarter. Finally, Benjamin Edwards Inc. increased its position in Lowe's Companies by 8.9% during the second quarter. Benjamin Edwards Inc. now owns 85,200 shares of the home improvement retailer's stock worth $18,789,000 after buying an additional 6,967 shares during the last quarter. Institutional investors and hedge funds own 74.06% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Wells Fargo & Company reduced their target price on Lowe's Companies from $255.00 to $245.00 and set an "overweight" rating for the company in a report on Tuesday, August 11th. Truist Financial lowered their price target on Lowe's Companies from $255.00 to $254.00 and set a "buy" rating on the stock in a report on Thursday, August 20th. Royal Bank Of Canada reissued a "sector perform" rating and issued a $231.00 price target on shares of Lowe's Companies in a research report on Thursday, August 20th. JPMorgan Chase & Co. reduced their price objective on shares of 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. Finally, Sanford C. Bernstein decreased their price objective on shares of Lowe's Companies from $303.00 to $281.00 and set an "outperform" rating for the company in a report on Thursday, May 14th. Twenty-three analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $258.53.

Insider Transactions at Lowe's Companies

In related news, EVP Juliette Williams Pryor sold 9,330 shares of the business's stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $224.81, for a total value of $2,097,477.30. Following the completion of the transaction, the executive vice president owned 16,142 shares in the company, valued at $3,628,883.02. The trade was a 36.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Janice Dupre sold 14,150 shares of the company's stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $221.90, for a total value of $3,139,885.00. Following the transaction, the executive vice president directly owned 39,785 shares in the company, valued at approximately $8,828,291.50. This represents a 26.24% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 25,980 shares of company stock worth $5,796,937. Insiders own 0.29% of the company's stock.

Lowe's Companies Trading Up 0.1%

Shares of LOW stock opened at $208.20 on Monday. Lowe's Companies, Inc. has a 12 month low of $199.40 and a 12 month high of $293.06. The stock has a 50 day moving average of $215.10 and a two-hundred day moving average of $230.47. The company has a market capitalization of $116.81 billion, a P/E ratio of 17.60, a P/E/G ratio of 2.77 and a beta of 0.86.

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

Lowe's Companies Company Profile

Lowe's Companies, Inc is a leading home improvement retailer that operates large-format stores and digital channels serving both do-it-yourself homeowners and professional contractors. The company offers a broad assortment of products including building materials, lumber, appliances, tools and hardware, plumbing and electrical supplies, paint, flooring, kitchen and bath fixtures, outdoor and garden products, and home decor. Lowe's also provides a range of services such as installation, home improvement financing, tool and equipment rental, and contractor-focused sales programs.

Operations are centered on a nationwide brick-and-mortar store network supported by distribution centers and an e-commerce platform that enables online ordering, delivery and in-store pickup.

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