Jefferies Financial Group Inc. Raises Holdings in Lowe's Companies, Inc. $LOW

Key Points

• Jefferies Financial Group boosted its Lowe's stake by 134.3% in Q3 to 56,252 shares (about $14.14M), and several other large institutions (including Norges Bank and Victory Capital) also added or initiated sizable positions, leaving institutional ownership at 74.06%.
• EPS beat: Lowe's reported $1.98 EPS vs. $1.94 expected and revenue of $20.58B (up 10.9% YoY), and set FY2026 guidance of $12.25–$12.75 EPS.
• The stock trades near $251.89 with a 52‑week range of $206.38–$293.06 and a $141.3B market cap, analysts have an average target of $291 ("Moderate Buy"), and CEO Marvin Ellison sold 18,000 shares in January (insiders own 0.27%).

Jefferies Financial Group Inc. lifted its position in shares of Lowe's Companies, Inc. (NYSE:LOW - Free Report) by 134.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 56,252 shares of the home improvement retailer's stock after buying an additional 32,240 shares during the quarter. Jefferies Financial Group Inc.'s holdings in Lowe's Companies were worth $14,137,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Norges Bank purchased a new stake in Lowe's Companies in the second quarter worth about $1,773,624,000. Victory Capital Management Inc. increased its position in Lowe's Companies by 207.2% during the 3rd quarter. Victory Capital Management Inc. now owns 2,058,086 shares of the home improvement retailer's stock valued at $517,218,000 after purchasing an additional 1,388,133 shares during the period. Tableaux LLC purchased a new position in Lowe's Companies during the 2nd quarter valued at about $282,884,000. Laurel Wealth Advisors LLC raised its holdings in shares of Lowe's Companies by 22,167.5% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,032,319 shares of the home improvement retailer's stock valued at $229,041,000 after purchasing an additional 1,027,683 shares in the last quarter. Finally, Worldquant Millennium Advisors LLC lifted its position in shares of Lowe's Companies by 243.2% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 1,116,945 shares of the home improvement retailer's stock worth $247,817,000 after purchasing an additional 791,526 shares during the period. 74.06% of the stock is currently owned by institutional investors.

Lowe's Companies Stock Down 1.1%

NYSE LOW opened at $251.89 on Monday. Lowe's Companies, Inc. has a 52 week low of $206.38 and a 52 week high of $293.06. The company has a 50 day moving average price of $268.21 and a 200 day moving average price of $254.60. The firm has a market cap of $141.30 billion, a PE ratio of 21.26, a price-to-earnings-growth ratio of 5.47 and a beta of 0.98.

Lowe's Companies (NYSE:LOW - Get Free Report) last announced its earnings results on Wednesday, February 25th. The home improvement retailer reported $1.98 earnings per share for the quarter, beating the consensus estimate of $1.94 by $0.04. Lowe's Companies had a net margin of 7.71% and a negative return on equity of 61.40%. The company had revenue of $20.58 billion during the quarter, compared to the consensus estimate of $20.34 billion. During the same period last year, the firm earned $1.93 earnings per share. Lowe's Companies's revenue was up 10.9% compared to the same quarter last year. Lowe's Companies has set its FY 2026 guidance at 12.250-12.75 EPS. On average, equities research analysts anticipate that Lowe's Companies, Inc. will post 11.9 earnings per share for the current fiscal year.

Insider Buying and Selling at Lowe's Companies

In other news, CEO Marvin R. Ellison sold 18,000 shares of the firm's stock in a transaction on Friday, January 9th. The stock was sold at an average price of $261.17, for a total value of $4,701,060.00. Following the completion of the sale, the chief executive officer owned 231,043 shares of the company's stock, valued at $60,341,500.31. This trade represents a 7.23% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.27% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Rothschild & Co Redburn lifted their price objective on shares of Lowe's Companies from $280.00 to $290.00 and gave the company a "buy" rating in a report on Thursday, February 26th. Mizuho upped their target price on Lowe's Companies from $272.00 to $294.00 and gave the stock an "outperform" rating in a report on Friday, February 27th. JPMorgan Chase & Co. increased their target price on Lowe's Companies from $300.00 to $325.00 and gave the company an "overweight" rating in a research report on Monday, February 9th. UBS Group cut their price target on Lowe's Companies from $316.00 to $315.00 and set a "buy" rating on the stock in a report on Thursday, February 26th. Finally, DA Davidson reissued a "neutral" rating and issued a $275.00 price target on shares of Lowe's Companies in a research report on Thursday, February 26th. Twenty-one equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $291.00.

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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