HighTower Advisors LLC Lowers Stock Holdings in Lowe's Companies, Inc. $LOW

Key Points

• HighTower Advisors cut its Lowe’s stake by 15.6% in the second quarter, selling 99,524 shares and retaining 539,066 shares valued at approximately $118.9 million. Institutional investors collectively own 74.06% of the company.
• Lowe’s exceeded quarterly EPS expectations, reporting $4.40 versus the $4.22 consensus, while revenue rose 8.3% year over year to $25.96 billion but fell slightly short of estimates.
• The company declared a $1.25 quarterly dividend, equivalent to a 2.4% yield, while analysts maintain a “Moderate Buy” consensus with an average price target of $258.53.

HighTower Advisors LLC reduced its holdings in Lowe's Companies, Inc. (NYSE:LOW - Free Report) by 15.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 539,066 shares of the home improvement retailer's stock after selling 99,524 shares during the quarter. HighTower Advisors LLC owned approximately 0.10% of Lowe's Companies worth $118,859,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Swiss RE Ltd. purchased a new position in shares of Lowe's Companies during the 4th quarter worth about $25,000. Wilkerson Advisory Group LLC acquired a new position in Lowe's Companies during the fourth quarter worth approximately $27,000. Sankala Group LLC acquired a new position in Lowe's Companies during the fourth quarter worth approximately $33,000. Markowski Investments purchased a new position in Lowe's Companies during the second quarter worth approximately $33,000. Finally, Triumph Capital Management acquired a new position in shares of Lowe's Companies in the 3rd quarter valued at $34,000. 74.06% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Lowe's Companies news, EVP Janice Dupré sold 14,150 shares of the company's stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $221.90, for a total value of $3,139,885.00. Following the completion of the transaction, the executive vice president owned 39,785 shares in the company, valued at approximately $8,828,291.50. This represents a 26.24% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Juliette Pryor sold 9,330 shares of the firm's stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $224.81, for a total value of $2,097,477.30. Following the completion of the sale, the executive vice president owned 16,142 shares in the company, valued at approximately $3,628,883.02. This represents a 36.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 25,980 shares of company stock worth $5,796,937. Insiders own 0.29% of the company's stock.

Lowe's Companies Stock Performance

Shares of NYSE LOW opened at $204.45 on Monday. The company has a market capitalization of $114.71 billion, a price-to-earnings ratio of 17.28, a price-to-earnings-growth ratio of 2.72 and a beta of 0.85. Lowe's Companies, Inc. has a twelve month low of $199.34 and a twelve month high of $293.06. The business has a 50 day simple moving average of $213.44 and a 200-day simple moving average of $227.51.

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 for the quarter, beating analysts' consensus estimates of $4.22 by $0.18. The business had revenue of $25.96 billion during the quarter, compared to the consensus estimate of $26.13 billion. Lowe's Companies had a net margin of 7.34% and a negative return on equity of 75.67%. The company's revenue for the quarter was up 8.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $4.33 EPS. Lowe's Companies has set its FY 2026 guidance at 12.250-12.250 EPS. As a group, equities analysts predict that Lowe's Companies, Inc. will post 12.26 earnings per share for the current year.

Lowe's Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 4th. Stockholders of record on Wednesday, October 21st will be issued a dividend of $1.25 per share. The ex-dividend date of this dividend is Wednesday, October 21st. This represents a $5.00 annualized dividend and a dividend yield of 2.4%. Lowe's Companies's payout ratio is 42.27%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on LOW. Evercore decreased their target price on Lowe's Companies from $250.00 to $230.00 in a report on Thursday, May 21st. Royal Bank Of Canada restated a "sector perform" rating and issued a $231.00 price target on shares of Lowe's Companies in a report on Thursday, August 20th. Mizuho reduced their price target on shares of Lowe's Companies from $280.00 to $250.00 and set an "outperform" rating on the stock in a research report on Thursday, August 20th. Raymond James Financial downgraded shares of Lowe's Companies from a "market perform" rating to a "market perform" rating in a research note on Tuesday, May 12th. Finally, BNP Paribas Exane cut their target price on shares of Lowe's Companies from $228.00 to $202.00 and set an "underperform" rating on the stock in a research note on Thursday, May 21st. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $258.53.

Lowe's Companies News Summary

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

• Positive Sentiment: Retail earnings point to a “K-shaped” consumer economy, with Lowe’s and Home Depot benefiting from relatively solid home-improvement sales even as lower-income-focused retailers face greater tariff and margin pressure. Retail Earnings Just Exposed a Bigger Divide in the U.S. Consumer Economy
• Positive Sentiment: Lowe’s plans to open three additional stores in 2026, supporting its long-term sales footprint and market expansion. Lowe's opening 3 more stores in these states in 2026
• Positive Sentiment: The Lowe’s Foundation launched a large skilled-trades training coalition with NVIDIA, AT&T, Bank of America, Carrier, General Motors, DEWALT and Duke Energy. The effort could expand the contractor labor pool and support future Pro customer demand. Nvidia Is Now Paying to Train Plumbers
• Neutral Sentiment: Five new executive vice presidents were appointed across Pro, Home Services, stores, information and AI, strategy, and marketing. Lowe’s also maintained its $1.25 quarterly dividend, while expanding online offerings; the new leadership could improve execution, but a shelf registration for 2.5 million shares creates a potential future dilution overhang. Did Lowe’s New EVP Lineup and Shelf Filing Just Quietly Reframe the LOW Investment Narrative?
• Neutral Sentiment: The NFL-focused “Earn Your Sunday” campaign adds new star athletes and may strengthen brand engagement, although its direct financial impact is unclear. Lowe's Kicks Off Year Two of Earn Your Sunday
• Negative Sentiment: Zacks Research cut its FY2027 EPS estimate for Lowe’s to $12.25 from $12.45, aligning it near the $12.26 consensus and signaling limited expected earnings growth. Zacks Research Issues Negative Estimate for LOW Earnings
• Negative Sentiment: Mortgage rates have reached a one-year high following a global bond sell-off. Higher borrowing costs could discourage housing transactions and large remodeling projects, pressuring demand at Lowe’s and Home Depot. Mortgage Rates Just Hit a 1-Year High

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.

Want to see what other hedge funds are holding LOW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lowe's Companies, Inc. (NYSE:LOW - Free Report).

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.