Dockside LLC Invests $2.17 Million in Lowe's Companies, Inc. $LOW

Key Points

• Dockside LLC acquired 9,848 Lowe’s shares during the second quarter, valued at approximately $2.17 million. Institutional investors collectively own 74.06% of the company.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $262.63, although several firms recently reduced their targets. Lowe’s most recent quarter exceeded expectations, with $3.03 EPS and $23.08 billion in revenue.
• Lowe’s increased its quarterly dividend from $1.20 to $1.25 per share, equivalent to a $5.00 annualized payout and a 2.3% yield. Meanwhile, company insiders sold 25,980 shares worth approximately $5.8 million during the last quarter.

Dockside LLC acquired a new stake in shares of Lowe's Companies, Inc. (NYSE:LOW - Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 9,848 shares of the home improvement retailer's stock, valued at approximately $2,171,000.

Other large investors also recently modified their holdings of the company. Providence Wealth Advisors LLC increased its stake in Lowe's Companies by 0.5% in the 4th quarter. Providence Wealth Advisors LLC now owns 7,969 shares of the home improvement retailer's stock valued at $1,959,000 after purchasing an additional 36 shares in the last quarter. Rather & Kittrell Inc. boosted its position in Lowe's Companies by 0.4% during the fourth quarter. Rather & Kittrell Inc. now owns 10,379 shares of the home improvement retailer's stock worth $2,503,000 after purchasing an additional 38 shares in the last quarter. First Command Advisory Services Inc. boosted its position in Lowe's Companies by 1.3% during the fourth quarter. First Command Advisory Services Inc. now owns 2,947 shares of the home improvement retailer's stock worth $711,000 after purchasing an additional 38 shares in the last quarter. Smithbridge Asset Management Inc. DE grew its holdings in Lowe's Companies by 1.1% in the fourth quarter. Smithbridge Asset Management Inc. DE now owns 3,723 shares of the home improvement retailer's stock valued at $898,000 after purchasing an additional 39 shares during the last quarter. Finally, Sumitomo Life Insurance Co. increased its position in shares of Lowe's Companies by 0.6% in the fourth quarter. Sumitomo Life Insurance Co. now owns 6,140 shares of the home improvement retailer's stock valued at $1,481,000 after buying an additional 39 shares in the last quarter. 74.06% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have recently issued reports on LOW. Telsey Advisory Group cut their price target on Lowe's Companies from $295.00 to $280.00 and set an "outperform" rating for the company in a research note on Thursday, May 21st. KeyCorp decreased their price objective on Lowe's Companies from $300.00 to $275.00 and set an "overweight" rating on the stock in a report on Thursday, May 21st. Stifel Nicolaus lowered their target price on shares of Lowe's Companies from $270.00 to $220.00 and set a "hold" rating for the company in a report on Monday, May 18th. UBS Group lowered their price target on Lowe's Companies from $315.00 to $285.00 and set a "buy" rating for the company in a research report on Thursday, May 21st. Finally, Mizuho dropped their price objective on shares of Lowe's Companies from $294.00 to $280.00 and set an "outperform" rating for the company in a research report on Thursday, May 21st. Twenty-three equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $262.63.

Key Lowe's Companies News

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

• Positive Sentiment: Lowe’s is described as trading at its lowest forward price-to-earnings multiple in more than two years. Its status as a Dividend King, along with a recent dividend increase, strengthens the long-term income-investment case. 1 Number That Makes Lowe's Stock an Obvious Buy Before Aug. 19
• Positive Sentiment: Several analysts remain moderately optimistic despite the recent underperformance. Citigroup retained a “buy” rating while lowering its price target to $267 from $285, and Wells Fargo’s reduced target of $245 still implies meaningful upside from recent levels. Citigroup Lowe's Price Target Update
• Positive Sentiment: Investor articles argue that a series of downward Q2 EPS estimate revisions may have lowered expectations and created the potential for a favorable earnings surprise. The longer-term bull case remains tied to Lowe’s brand strength, home-improvement demand and operating potential. Lowe's Q2 EPS Revisions
• Neutral Sentiment: Wall Street projections for the quarter ended July 2026 are focusing on key operating metrics beyond revenue and EPS. The Aug. 19 report is the next major catalyst and could determine the near-term direction of the shares. Insights Into Lowe's Q2 Wall Street Projections
• Neutral Sentiment: Lowe’s has completed a five-year, $100 million hometown revitalization commitment and announced additional community investments. These efforts may support brand reputation but are unlikely to materially affect near-term earnings. Is Lowe's Companies Undervalued As Its Earnings Call Nears?
• Negative Sentiment: Royal Bank of Canada lowered its expectations for Lowe’s, adding to concerns about near-term performance ahead of earnings. The company also faces elevated expectations around its upcoming results despite recent estimate reductions. Royal Bank of Canada Lowe's Expectations

Insider Activity at Lowe's Companies

In other Lowe's Companies news, EVP Margrethe R. Vagell sold 2,500 shares of the stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $223.83, for a total value of $559,575.00. Following the sale, the executive vice president directly owned 20,220 shares of the company's stock, valued at $4,525,842.60. This trade represents a 11.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Juliette Williams Pryor sold 9,330 shares of the stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $224.81, for a total transaction of $2,097,477.30. Following the completion of the sale, the executive vice president directly owned 16,142 shares in the company, valued at approximately $3,628,883.02. This trade represents a 36.63% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 25,980 shares of company stock valued at $5,796,937 in the last quarter. Insiders own 0.29% of the company's stock.

Lowe's Companies Trading Down 0.0%

Lowe's Companies stock opened at $218.19 on Friday. The stock has a market cap of $122.34 billion, a P/E ratio of 18.44, a price-to-earnings-growth ratio of 2.79 and a beta of 0.86. Lowe's Companies, Inc. has a 52 week low of $199.40 and a 52 week high of $293.06. The stock has a 50 day moving average of $216.00 and a 200-day moving average of $234.87.

Lowe's Companies (NYSE:LOW - Get Free Report) last issued its earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.97 by $0.06. The business had revenue of $23.08 billion for the quarter, compared to analyst estimates of $22.98 billion. Lowe's Companies had a net margin of 7.51% and a negative return on equity of 67.96%. The company's revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.92 EPS. Lowe's Companies has set its FY 2026 guidance at 12.250-12.750 EPS. As a group, equities analysts predict that Lowe's Companies, Inc. will post 12.44 earnings per share for the current fiscal year.

Lowe's Companies Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Wednesday, July 22nd were paid a dividend of $1.25 per share. The ex-dividend date was Wednesday, July 22nd. This is a positive change from Lowe's Companies's previous quarterly dividend of $1.20. This represents a $5.00 annualized dividend and a yield of 2.3%. Lowe's Companies's payout ratio is presently 42.27%.

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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