Glenview Trust Co Increases Position in Lowe's Companies, Inc. $LOW

Key Points

• Glenview Trust increased its Lowe’s position by 4.9% in the second quarter, adding 10,735 shares for a total of 230,389 shares valued at approximately $50.8 million. Institutional investors collectively own 74.06% of the stock.
• Lowe’s latest earnings were mixed: adjusted EPS of $4.40 beat expectations, while revenue of $25.96 billion missed estimates but rose 8.3% year over year. Pro-customer demand and online sales supported growth, offsetting weakness in DIY purchases amid subdued housing activity.
• The stock opened at $206.98, below its 50- and 200-day moving averages, while analysts maintained a generally positive outlook with a “Moderate Buy” consensus and an average price target of $258.53. Key risks include weak housing turnover, DIY softness, tariff-related costs, and recent insider selling.

Glenview Trust Co increased its position in shares of Lowe's Companies, Inc. (NYSE:LOW - Free Report) by 4.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 230,389 shares of the home improvement retailer's stock after acquiring an additional 10,735 shares during the quarter. Glenview Trust Co's holdings in Lowe's Companies were worth $50,798,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Maxele Advisors LLC acquired a new position in Lowe's Companies in the 2nd quarter valued at $316,000. Dearborn Partners LLC purchased a new position in shares of Lowe's Companies during the 2nd quarter worth $834,000. Yukon Wealth Management Inc. purchased a new position in shares of Lowe's Companies during the 2nd quarter worth $477,000. Brooks Moore & Associates Inc. boosted its holdings in shares of Lowe's Companies by 9.8% during the second quarter. Brooks Moore & Associates Inc. now owns 10,624 shares of the home improvement retailer's stock worth $2,342,000 after purchasing an additional 950 shares during the last quarter. Finally, Caitlin John LLC boosted its holdings in shares of Lowe's Companies by 6.5% during the second quarter. Caitlin John LLC now owns 1,524 shares of the home improvement retailer's stock worth $336,000 after purchasing an additional 93 shares during the last quarter. 74.06% of the stock is owned by hedge funds and other institutional investors.

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

Insider Transactions at Lowe's Companies

In related news, EVP Margrethe R. Vagell sold 2,500 shares of the firm's stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $223.83, for a total value of $559,575.00. Following the transaction, the executive vice president owned 20,220 shares in the company, valued at approximately $4,525,842.60. This trade represents a 11.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Juliette Williams Pryor sold 9,330 shares of Lowe's Companies stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $224.81, for a total transaction of $2,097,477.30. Following the transaction, 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 ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 25,980 shares of company stock worth $5,796,937. 0.29% of the stock is currently owned by company insiders.

Lowe's Companies Trading Down 1.6%

Shares of Lowe's Companies stock opened at $206.98 on Friday. The business's fifty day moving average price is $215.38 and its 200 day moving average price is $230.95. Lowe's Companies, Inc. has a twelve month low of $199.40 and a twelve month high of $293.06. The stock has a market capitalization of $116.05 billion, a P/E ratio of 17.50, a PEG ratio of 2.80 and a beta of 0.86.

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

Analyst Ratings Changes

Several equities analysts recently commented on LOW shares. Gordon Haskett dropped their target price on Lowe's Companies from $280.00 to $250.00 and set a "buy" rating for the company in a research note on Thursday, May 21st. Wells Fargo & Company decreased their price target on Lowe's Companies from $255.00 to $245.00 and set an "overweight" rating on the stock in a research note on Tuesday, August 11th. Guggenheim lowered their price target on Lowe's Companies from $300.00 to $275.00 and set a "buy" rating for the company in a report on Friday, August 21st. Raymond James Financial cut Lowe's Companies from a "market perform" rating to a "market perform" rating in a report on Tuesday, May 12th. Finally, Truist Financial dropped their price objective on shares of Lowe's Companies from $255.00 to $254.00 and set a "buy" rating for the company in a research note on Thursday, August 20th. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $258.53.

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.

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