Empowered Funds LLC Sells 6,672 Shares of Lowe's Companies, Inc. $LOW

Empowered Funds LLC lessened its stake in shares of Lowe's Companies, Inc. (NYSE:LOW - Free Report) by 5.9% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 105,487 shares of the home improvement retailer's stock after selling 6,672 shares during the period. Empowered Funds LLC's holdings in Lowe's Companies were worth $23,259,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of LOW. Swiss RE Ltd. bought a new position in Lowe's Companies during the fourth quarter valued at $25,000. Wilkerson Advisory Group LLC bought a new stake in shares of Lowe's Companies in the 4th quarter worth about $27,000. Sankala Group LLC bought a new stake in shares of Lowe's Companies in the 4th quarter worth about $33,000. Triumph Capital Management purchased a new position in shares of Lowe's Companies during the 3rd quarter worth about $34,000. Finally, IAG Wealth Partners LLC boosted its stake in shares of Lowe's Companies by 178.6% during the 1st quarter. IAG Wealth Partners LLC now owns 156 shares of the home improvement retailer's stock worth $37,000 after purchasing an additional 100 shares during the period. 74.06% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

LOW has been the topic of a number of recent analyst reports. Weiss Ratings lowered shares of Lowe's Companies from a "hold (c)" rating to a "hold (c-)" rating in a research report on Monday, August 17th. Sanford C. Bernstein cut their target price on Lowe's Companies from $303.00 to $281.00 and set an "outperform" rating on the stock in a research note on Thursday, May 14th. The Goldman Sachs Group reduced their price target on Lowe's Companies from $300.00 to $293.00 and set a "buy" rating on the stock in a report on Thursday, May 21st. DA Davidson reissued a "neutral" rating and set a $245.00 price target on shares of Lowe's Companies in a research note on Wednesday, August 19th. Finally, JPMorgan Chase & Co. dropped their price objective on Lowe's Companies from $279.00 to $252.00 and set an "overweight" rating for the company in a report on Friday, July 31st. Twenty-three analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat.com, Lowe's Companies presently has a consensus rating of "Moderate Buy" and an average price target of $258.53.

Insider Buying and Selling at Lowe's Companies

In related news, EVP Janice Dupre sold 14,150 shares of Lowe's Companies stock in a transaction dated 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 completion of the sale, the executive vice president directly owned 39,785 shares in the company, valued at $8,828,291.50. The trade was a 26.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 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 transaction, the executive vice president owned 16,142 shares in the company, valued at approximately $3,628,883.02. The trade was a 36.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 25,980 shares of company stock valued at $5,796,937 in the last ninety days. Corporate insiders own 0.29% of the company's stock.

Lowe's Companies Price Performance

Lowe's Companies stock opened at $206.98 on Friday. The stock has a market cap of $116.05 billion, a price-to-earnings ratio of 17.50, a price-to-earnings-growth ratio of 2.80 and a beta of 0.86. The firm has a 50-day moving average of $215.38 and a two-hundred day moving average of $230.95. Lowe's Companies, Inc. has a 1 year low of $199.40 and a 1 year high of $293.06.

Lowe's Companies (NYSE:LOW - Get Free Report) last issued its earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 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 for the quarter, compared to analyst estimates of $26.13 billion. During the same period last year, the company posted $4.33 earnings per share. The company'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. Research analysts expect that Lowe's Companies, Inc. will post 12.26 earnings per share for the current year.

Lowe's Companies News Roundup

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

• Positive Sentiment: Professional and online sales are key growth drivers. Lowe’s said Pro-customer demand and e-commerce growth helped offset weakness in DIY-related purchases, providing support while housing turnover remains subdued. Lowe's Q2 2027 Earnings Call Transcript
• Positive Sentiment: Valuation may be attractive for long-term investors. Morningstar reportedly estimates Lowe’s shares trade at roughly a 15% discount to fair value and sees stronger long-term prospects, supporting the stock’s housing-recovery thesis. Home Depot Or Lowe’s? Morningstar Says One Home-Improvement Stock Looks Cheaper
• Positive Sentiment: Dividend support remains an important part of the investment case. Recent commentary suggests Lowe’s long dividend history is backed by a more durable position than some other retailers, although investors are monitoring balance-sheet leverage and payout coverage. Target or Lowe’s: Whose Dividend Streak Cracks First?
• Neutral Sentiment: Recent earnings were mixed. Lowe’s exceeded consensus earnings expectations with $4.40 per share versus $4.22 expected, but revenue of $25.96 billion fell short of the $26.13 billion estimate. Revenue still increased 8.3% year over year. Lowe’s Just Reported Earnings
• Negative Sentiment: DIY weakness and frozen housing activity remain the main overhangs. Fewer home transactions and limited remodeling activity are pressuring discretionary projects, making Lowe’s increasingly dependent on Pro customers and online channels for growth. Home Depot vs. Lowe’s: One Housing Recovery Play Stands Out
• Negative Sentiment: Tariffs are adding cost pressure. Lowe’s and other big-box retailers are using tariff refunds and other measures to offset higher costs, but the need to absorb or manage those expenses could weigh on margins if inflation persists. How Big Box Retailers Are Using Tariff Refunds

Lowe's Companies 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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