Lowe's Companies, Inc. $LOW Shares Bought by Concurrent Investment Advisors LLC

Key Points

• Concurrent Investment Advisors LLC increased its Lowe’s stake by 52.1% in the second quarter, acquiring 27,628 additional shares and bringing its holdings to 80,707 shares valued at approximately $17.8 million. Institutional investors collectively own 74.06% of the company.
• Lowe’s reported quarterly EPS of $4.40, exceeding the $4.22 consensus estimate, while revenue rose 8.3% year over year to $25.96 billion but fell slightly short of expectations.
• The company declared a quarterly dividend of $1.25 per share, equivalent to $5.00 annually and a 2.4% yield. Analysts maintain a “Moderate Buy” consensus, with an average price target of $258.53 versus the stock’s recent $204.45 price.

Concurrent Investment Advisors LLC raised its holdings in shares of Lowe's Companies, Inc. (NYSE:LOW - Free Report) by 52.1% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 80,707 shares of the home improvement retailer's stock after acquiring an additional 27,628 shares during the quarter. Concurrent Investment Advisors LLC's holdings in Lowe's Companies were worth $17,795,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the business. Swiss RE Ltd. acquired a new position in shares of Lowe's Companies in the 4th quarter valued at $25,000. Wilkerson Advisory Group LLC acquired a new stake in Lowe's Companies during the 4th quarter worth $27,000. Sankala Group LLC purchased a new stake in Lowe's Companies in the fourth quarter valued at $33,000. Triumph Capital Management purchased a new stake in Lowe's Companies in the third quarter valued at $34,000. Finally, IAG Wealth Partners LLC boosted its stake in Lowe's Companies by 178.6% in the first quarter. IAG Wealth Partners LLC now owns 156 shares of the home improvement retailer's stock valued at $37,000 after acquiring an additional 100 shares in the last quarter. Hedge funds and other institutional investors own 74.06% of the company's stock.

Lowe's Companies Stock Up 1.3%

Shares of LOW stock opened at $204.45 on Friday. The stock has a market capitalization of $114.71 billion, a PE ratio of 17.28, a price-to-earnings-growth ratio of 2.69 and a beta of 0.85. Lowe's Companies, Inc. has a 52-week low of $199.34 and a 52-week high of $293.06. The stock's 50-day moving average price is $213.44 and its 200 day moving average price is $227.92.

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 company had revenue of $25.96 billion for the quarter, compared to analysts' expectations of $26.13 billion. Lowe's Companies had a net margin of 7.34% and a negative return on equity of 75.67%. Lowe's Companies's revenue was up 8.3% compared to the same quarter last year. During the same period in the previous year, the company posted $4.33 EPS. Lowe's Companies has set its FY 2026 guidance at 12.250-12.250 EPS. Analysts expect that Lowe's Companies, Inc. will post 12.26 earnings per share for the current fiscal year.

Lowe's Companies Dividend Announcement

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

Insiders Place Their Bets

In other news, EVP Margrethe R. Vagell sold 2,500 shares of Lowe's Companies stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $223.83, for a total transaction of $559,575.00. Following the completion of the transaction, the executive vice president owned 20,220 shares of the company's stock, valued at $4,525,842.60. The trade was a 11.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Juliette Pryor sold 9,330 shares of Lowe's Companies stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $224.81, for a total transaction of $2,097,477.30. Following the transaction, the executive vice president owned 16,142 shares of the company's stock, valued at approximately $3,628,883.02. The trade was a 36.63% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 25,980 shares of company stock worth $5,796,937. 0.29% of the stock is owned by company insiders.

Trending Headlines about Lowe's Companies

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

Analyst Ratings Changes

LOW has been the topic of a number of research analyst reports. Gordon Haskett cut their target price on Lowe's Companies from $280.00 to $250.00 and set a "buy" rating on the stock in a research report on Thursday, May 21st. Raymond James Financial cut Lowe's Companies from a "market perform" rating to a "market perform" rating in a research report on Tuesday, May 12th. DA Davidson restated a "neutral" rating and set a $245.00 price target on shares of Lowe's Companies in a research note on Wednesday, August 19th. The Goldman Sachs Group cut their price target on Lowe's Companies from $300.00 to $293.00 and set a "buy" rating on the stock in a research report on Thursday, May 21st. Finally, Bank of America reduced their price objective on Lowe's Companies from $260.00 to $257.00 and set a "neutral" rating for the company in a research note on Thursday, May 21st. Twenty-three equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price 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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