First Nebraska Trust Co Makes New $6.93 Million Investment in Lowe's Companies, Inc. $LOW

Key Points

• First Nebraska Trust Co. acquired a new stake of 37,589 Lowe’s shares in the third quarter, worth approximately $6.93 million.
• Lowe’s reported quarterly EPS of $4.40, beating the $4.22 estimate, while revenue of $25.96 billion came in slightly below expectations; revenue rose 8.3% year over year. The company’s FY2026 EPS guidance is $12.25.
• Lowe’s declared a quarterly dividend of $1.25 per share, equivalent to $5.00 annually and a 2.3% yield. Analysts’ consensus rating is “Moderate Buy,” with an average price target of $253.48.

First Nebraska Trust Co bought a new stake in Lowe's Companies, Inc. (NYSE:LOW - Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 37,589 shares of the home improvement retailer's stock, valued at approximately $6,927,000.

Other large investors have also modified their holdings of the company. BlackRock Inc. raised its holdings in Lowe's Companies by 1.8% in the 2nd quarter. BlackRock Inc. now owns 40,545,728 shares of the home improvement retailer's stock valued at $8,939,928,000 after buying an additional 714,092 shares during the period. State Street Corp lifted its position in Lowe's Companies by 3.6% in the second quarter. State Street Corp now owns 25,329,373 shares of the home improvement retailer's stock valued at $5,584,873,000 after buying an additional 880,815 shares during the last quarter. Bank of New York Mellon Corp lifted its position in Lowe's Companies by 5.2% in the first quarter. Bank of New York Mellon Corp now owns 4,047,615 shares of the home improvement retailer's stock valued at $956,371,000 after buying an additional 201,803 shares during the last quarter. Amundi boosted its stake in Lowe's Companies by 57.3% during the second quarter. Amundi now owns 2,892,868 shares of the home improvement retailer's stock worth $637,848,000 after buying an additional 1,053,237 shares during the period. Finally, Swiss National Bank boosted its stake in Lowe's Companies by 7.1% during the first quarter. Swiss National Bank now owns 1,646,320 shares of the home improvement retailer's stock worth $388,992,000 after buying an additional 109,520 shares during the period. Institutional investors and hedge funds own 74.06% of the company's stock.

More Lowe's Companies News

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

• Positive Sentiment: Lowe’s is building momentum in its professional-customer business with targeted investment, digital tools and acquisitions. That growth could help offset softer DIY and remodeling demand and support its Total Home strategy. Lowe's Pro Momentum Adds Strength to Its Total Home Strategy
• Neutral Sentiment: The company is set to open its eighth and final new store of 2026 in Texas. The added location expands its footprint, but the article does not suggest the opening is large enough to materially change near-term results. Lowe's opening one more store in 2026
• Neutral Sentiment: Coverage highlighted Lowe’s upcoming dividend payment and November earnings report, but provided no details on the payout or earnings outlook that would indicate a change in expectations. Lowe's stock heads toward dividend payment before November earnings
• Negative Sentiment: A market recap noted that LOW fell despite gains in the wider market, but did not point to a specific Lowe’s announcement or fundamental development behind the move. Lowe's Stock Drops Despite Market Gains

Lowe's Companies Trading Down 2.3%

Lowe's Companies stock opened at $213.15 on Wednesday. Lowe's Companies, Inc. has a twelve month low of $178.45 and a twelve month high of $293.06. The stock's fifty day simple moving average is $196.19 and its 200-day simple moving average is $225.84. The firm has a market capitalization of $119.59 billion, a P/E ratio of 18.02, a P/E/G ratio of 1.83 and a beta of 0.81.

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 the consensus estimate of $4.22 by $0.18. The business had revenue of $25.96 billion for the quarter, compared to analysts' expectations of $26.13 billion. Lowe's Companies had a negative return on equity of 75.67% and a net margin of 7.34%. The company's revenue for the quarter was up 8.3% compared to the same quarter last year. During the same period last year, the firm earned $4.33 earnings per share. 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 12.25 earnings per share for the current year.

Lowe's Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 4th. Shareholders of record on Wednesday, October 21st will be given a $1.25 dividend. The ex-dividend date of this dividend is Wednesday, October 21st. This represents a $5.00 dividend on an annualized basis and a yield of 2.3%. Lowe's Companies's dividend payout ratio (DPR) is currently 42.27%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on LOW. JPMorgan Chase & Co. dropped their price target on shares of Lowe's Companies from $279.00 to $252.00 and set an "overweight" rating for the company in a research report on Friday, July 31st. Stifel Nicolaus decreased their price objective on shares of Lowe's Companies from $220.00 to $195.00 and set a "hold" rating on the stock in a report on Monday, October 26th. Citigroup decreased their price objective on shares of Lowe's Companies from $267.00 to $260.00 and set a "buy" rating on the stock in a report on Thursday, August 20th. Royal Bank Of Canada reaffirmed a "sector perform" rating and set a $231.00 price objective on shares of Lowe's Companies in a research report on Thursday, August 20th. Finally, Mizuho dropped their target price on shares of Lowe's Companies from $280.00 to $250.00 and set an "outperform" rating for the company in a report on Thursday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $253.48.

Lowe's Companies Company Profile

Lowe's Companies, Inc is a home improvement retailer serving do-it-yourself customers, professional contractors and commercial customers across the United States. The company sells products for home construction, maintenance, repair, remodeling and improvement through its stores and digital platforms.

Its merchandise includes appliances, tools, hardware, lumber, building materials, electrical and plumbing supplies, paint, flooring, kitchen and bathroom products, outdoor living items, lawn and garden products, and seasonal merchandise.

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