Lowe's Companies, Inc. $LOW Shares Purchased by OFI Invest Asset Management

Key Points

• OFI Invest Asset Management dramatically increased its Lowe's stake by 2,172.6% in Q4, acquiring an additional 73,977 shares to hold 77,382 shares worth about $18.66 million at quarter-end.
• CEO Marvin R. Ellison sold 18,000 shares on January 9 for roughly $4.7 million (average $261.17), trimming his holding by 7.23% to 231,043 shares.
• Lowe's recently beat quarterly EPS and revenue estimates and set FY2026 guidance of $12.25–$12.75 EPS, while Wall Street maintains a consensus of "Moderate Buy" with an average price target near $289.

OFI Invest Asset Management increased its position in shares of Lowe's Companies, Inc. (NYSE:LOW - Free Report) by 2,172.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 77,382 shares of the home improvement retailer's stock after acquiring an additional 73,977 shares during the period. OFI Invest Asset Management's holdings in Lowe's Companies were worth $18,661,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Darwin Wealth Management LLC lifted its stake in Lowe's Companies by 5.2% during the 4th quarter. Darwin Wealth Management LLC now owns 2,154 shares of the home improvement retailer's stock worth $520,000 after acquiring an additional 107 shares in the last quarter. Newman Dignan & Sheerar Inc. lifted its stake in Lowe's Companies by 1.6% during the 4th quarter. Newman Dignan & Sheerar Inc. now owns 10,905 shares of the home improvement retailer's stock worth $2,630,000 after acquiring an additional 167 shares in the last quarter. Westfuller Advisors LLC lifted its stake in Lowe's Companies by 7.0% during the 4th quarter. Westfuller Advisors LLC now owns 629 shares of the home improvement retailer's stock worth $152,000 after acquiring an additional 41 shares in the last quarter. Jackson Square Capital LLC acquired a new position in Lowe's Companies during the 4th quarter worth about $571,000. Finally, Franklin Street Advisors Inc. NC lifted its stake in Lowe's Companies by 3.2% during the 4th quarter. Franklin Street Advisors Inc. NC now owns 65,031 shares of the home improvement retailer's stock worth $15,683,000 after acquiring an additional 2,006 shares in the last quarter. Institutional investors and hedge funds own 74.06% of the company's stock.

Insider Activity at Lowe's Companies

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

Wall Street Analyst Weigh In

LOW has been the topic of several research reports. Mizuho increased their target price on Lowe's Companies from $272.00 to $294.00 and gave the stock an "outperform" rating in a research note on Friday, February 27th. Telsey Advisory Group upped their price target on Lowe's Companies from $285.00 to $295.00 and gave the stock an "outperform" rating in a report on Thursday, February 26th. Piper Sandler restated an "overweight" rating and set a $300.00 price target (up from $294.00) on shares of Lowe's Companies in a report on Thursday, February 26th. DA Davidson restated a "neutral" rating and set a $275.00 price target on shares of Lowe's Companies in a report on Thursday, February 26th. Finally, TD Cowen cut their price target on Lowe's Companies from $295.00 to $280.00 and set a "hold" rating on the stock in a report on Thursday, February 26th. Twenty-two research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, Lowe's Companies currently has a consensus rating of "Moderate Buy" and a consensus price target of $289.24.

Lowe's Companies Price Performance

Shares of NYSE LOW opened at $243.72 on Thursday. The stock's 50-day moving average is $256.06 and its two-hundred day moving average is $250.16. Lowe's Companies, Inc. has a 1-year low of $206.38 and a 1-year high of $293.06. The company has a market cap of $136.50 billion, a price-to-earnings ratio of 20.57, a price-to-earnings-growth ratio of 5.02 and a beta of 0.97.

Lowe's Companies (NYSE:LOW - Get Free Report) last issued its quarterly earnings results on Wednesday, February 25th. The home improvement retailer reported $1.98 earnings per share 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 company had revenue of $20.59 billion for the quarter, compared to the consensus estimate of $20.34 billion. During the same quarter in the prior year, the business earned $1.93 EPS. Lowe's Companies'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. Equities research analysts anticipate that Lowe's Companies, Inc. will post 11.9 earnings per share for the current fiscal year.

Lowe's Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 6th. Stockholders of record on Wednesday, April 22nd will be issued a $1.20 dividend. The ex-dividend date is Wednesday, April 22nd. This represents a $4.80 dividend on an annualized basis and a dividend yield of 2.0%. Lowe's Companies's dividend payout ratio is presently 40.51%.

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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