Argo Wealth Advisory LLC Purchases Shares of 11,507 Lowe's Companies, Inc. $LOW

Key Points

• Argo Wealth Advisory bought 11,507 shares of Lowe's in Q4 (≈$2.775 million), making the stock about 1.7% of Argo's portfolio and its 17th-largest holding.
• Wall Street sentiment is broadly positive with a consensus rating of “Moderate Buy” and an average target of $289.24 (22 Buys vs. 8 Holds), while firms like JPMorgan have raised targets (JPMorgan to $325).
• Lowe's recently beat quarterly EPS estimates ($1.98 vs. $1.94) with revenue up 10.9% to $20.59B, set FY2026 guidance of $12.25–$12.75 EPS, and announced a $1.20 quarterly dividend (≈2.0% yield).

Argo Wealth Advisory LLC purchased a new stake in shares of Lowe's Companies, Inc. (NYSE:LOW - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 11,507 shares of the home improvement retailer's stock, valued at approximately $2,775,000. Lowe's Companies accounts for approximately 1.7% of Argo Wealth Advisory LLC's investment portfolio, making the stock its 17th biggest holding.

A number of other hedge funds also recently made changes to their positions in the stock. Activest Wealth Management boosted its stake in Lowe's Companies by 78.5% in the 3rd quarter. Activest Wealth Management now owns 116 shares of the home improvement retailer's stock worth $29,000 after purchasing an additional 51 shares during the period. United Financial Planning Group LLC bought a new position in Lowe's Companies in the 3rd quarter valued at $31,000. Triumph Capital Management bought a new position in shares of Lowe's Companies during the 3rd quarter worth $34,000. Guerra Advisors Inc bought a new position in shares of Lowe's Companies during the 3rd quarter worth $35,000. Finally, Financial Life Planners bought a new position in shares of Lowe's Companies during the 3rd quarter worth $36,000. 74.06% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

LOW has been the topic of a number of recent research reports. JPMorgan Chase & Co. raised their price objective on Lowe's Companies from $300.00 to $325.00 and gave the company an "overweight" rating in a research report on Monday, February 9th. Truist Financial reduced their price objective on Lowe's Companies from $295.00 to $293.00 and set a "buy" rating for the company in a research note on Thursday, February 26th. Citigroup boosted their price target on Lowe's Companies from $250.00 to $285.00 and gave the company a "neutral" rating in a report on Thursday, February 12th. Piper Sandler reissued an "overweight" rating and issued a $300.00 price target (up from $294.00) on shares of Lowe's Companies in a report on Thursday, February 26th. Finally, KGI Securities began coverage on Lowe's Companies in a research report on Tuesday, March 10th. They issued a "neutral" rating and a $255.00 price objective for the company. Twenty-two research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Lowe's Companies has a consensus rating of "Moderate Buy" and a consensus target price of $289.24.

Lowe's Companies Stock Down 0.6%

Shares of Lowe's Companies stock opened at $242.43 on Friday. The firm has a market cap of $135.77 billion, a PE ratio of 20.46, a price-to-earnings-growth ratio of 5.30 and a beta of 0.97. Lowe's Companies, Inc. has a 52 week low of $210.33 and a 52 week high of $293.06. The business's fifty day simple moving average is $252.98 and its 200-day simple moving average is $249.70.

Lowe's Companies (NYSE:LOW - Get Free Report) last released its quarterly earnings data on Wednesday, February 25th. The home improvement retailer reported $1.98 EPS for the quarter, beating analysts' consensus estimates of $1.94 by $0.04. Lowe's Companies had a negative return on equity of 61.40% and a net margin of 7.71%.The business had revenue of $20.59 billion for the quarter, compared to the consensus estimate of $20.34 billion. During the same quarter in the prior year, the business posted $1.93 EPS. The business's revenue for the quarter was up 10.9% on a year-over-year basis. Lowe's Companies has set its FY 2026 guidance at 12.250-12.75 EPS. As a group, equities analysts expect that Lowe's Companies, Inc. will post 11.9 earnings per share for the current year.

Lowe's Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 6th. Stockholders of record on Wednesday, April 22nd will be paid a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Wednesday, April 22nd. Lowe's Companies's dividend payout ratio is 40.51%.

About Lowe's Companies

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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