Lowe's Companies, Inc. $LOW Position Boosted by Aptus Capital Advisors LLC

Key Points

• Aptus Capital Advisors boosted its stake in Lowe's by 320.3% in Q3, adding 104,870 shares to hold 137,609 shares worth about $34.58 million.
• Several analysts have raised price targets (e.g., Mizuho to $294, Piper Sandler to $300), leaving Lowe's with a consensus rating of Moderate Buy and an average target of $291.64.
• Lowe's recently beat Q results (EPS $1.98 vs. $1.94) and reported revenue of $20.58 billion, up 10.9% YoY, while setting FY2026 guidance of $12.25–$12.75 EPS.

Aptus Capital Advisors LLC increased its position in Lowe's Companies, Inc. (NYSE:LOW - Free Report) by 320.3% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 137,609 shares of the home improvement retailer's stock after purchasing an additional 104,870 shares during the period. Aptus Capital Advisors LLC's holdings in Lowe's Companies were worth $34,582,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Waterloo Capital L.P. increased its holdings in shares of Lowe's Companies by 1.2% in the 2nd quarter. Waterloo Capital L.P. now owns 3,455 shares of the home improvement retailer's stock valued at $767,000 after acquiring an additional 41 shares during the last quarter. TruWealth Advisors LLC lifted its stake in Lowe's Companies by 2.7% during the third quarter. TruWealth Advisors LLC now owns 1,580 shares of the home improvement retailer's stock worth $397,000 after purchasing an additional 42 shares during the last quarter. Cypress Wealth Services LLC boosted its holdings in Lowe's Companies by 2.0% in the third quarter. Cypress Wealth Services LLC now owns 2,191 shares of the home improvement retailer's stock worth $551,000 after purchasing an additional 42 shares during the period. Hidden Cove Wealth Management LLC increased its stake in Lowe's Companies by 4.6% during the third quarter. Hidden Cove Wealth Management LLC now owns 960 shares of the home improvement retailer's stock valued at $241,000 after purchasing an additional 42 shares during the last quarter. Finally, Roble Belko & Company Inc increased its stake in Lowe's Companies by 21.4% during the third quarter. Roble Belko & Company Inc now owns 250 shares of the home improvement retailer's stock valued at $63,000 after purchasing an additional 44 shares during the last quarter. Institutional investors and hedge funds own 74.06% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Mizuho raised their price target on shares of Lowe's Companies from $272.00 to $294.00 and gave the stock an "outperform" rating in a research report on Friday, February 27th. Royal Bank Of Canada increased their price objective on shares of Lowe's Companies from $252.00 to $257.00 and gave the stock a "sector perform" rating in a research note on Monday, February 23rd. DA Davidson restated a "neutral" rating and issued a $275.00 target price on shares of Lowe's Companies in a research note on Thursday, February 26th. Piper Sandler reaffirmed an "overweight" rating and set a $300.00 target price (up from $294.00) on shares of Lowe's Companies in a report on Thursday, February 26th. Finally, Argus dropped their price target on Lowe's Companies from $290.00 to $286.00 and set a "buy" rating on the stock in a research report on Tuesday, December 2nd. Twenty-one research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $291.64.

Insider Activity

In other news, CEO Marvin R. Ellison sold 18,000 shares of the 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 transaction, the chief executive officer owned 231,043 shares of the company's stock, valued at approximately $60,341,500.31. This represents a 7.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 0.27% of the company's stock.

Lowe's Companies Trading Down 1.6%

Shares of NYSE:LOW opened at $254.52 on Friday. The firm's 50 day moving average is $268.06 and its two-hundred day moving average is $254.62. The firm has a market capitalization of $142.77 billion, a P/E ratio of 21.48, a PEG ratio of 5.62 and a beta of 0.98. Lowe's Companies, Inc. has a 52 week low of $206.38 and a 52 week high of $293.06.

Lowe's Companies (NYSE:LOW - Get Free Report) last issued its quarterly earnings data on Wednesday, February 25th. The home improvement retailer reported $1.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.94 by $0.04. Lowe's Companies had a negative return on equity of 61.40% and a net margin of 7.71%.The business had revenue of $20.58 billion during the quarter, compared to the consensus estimate of $20.34 billion. During the same period in the previous year, the firm posted $1.93 earnings per share. The business's revenue was up 10.9% on a year-over-year basis. Lowe's Companies has set its FY 2026 guidance at 12.250-12.75 EPS. Analysts predict that Lowe's Companies, Inc. will post 11.9 EPS for the current year.

Lowe's Companies Company 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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