Lowe's Companies, Inc. $LOW Shares Sold by Comprehensive Financial Consultants Institutional Inc.

Key Points

• Comprehensive Financial Consultants Institutional Inc. cut its Lowe’s stake by 77.7% in the third quarter, selling 5,969 shares and retaining 1,717 shares valued at approximately $316,000. Institutional investors and hedge funds own 74.06% of the company.
• Lowe’s recently reported quarterly EPS of $4.40, exceeding estimates of $4.22, while revenue rose 8.3% year over year to $25.96 billion but fell short of expectations.
• The company declared a $1.25 quarterly dividend, equivalent to $5.00 annually and a 2.5% yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $254.29, above the reported share price of $197.22.

Comprehensive Financial Consultants Institutional Inc. lessened its stake in shares of Lowe's Companies, Inc. (NYSE:LOW - Free Report) by 77.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,717 shares of the home improvement retailer's stock after selling 5,969 shares during the quarter. Comprehensive Financial Consultants Institutional Inc.'s holdings in Lowe's Companies were worth $316,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Sankala Group LLC purchased a new position in Lowe's Companies in the 4th quarter valued at $33,000. Markowski Investments purchased a new position in Lowe's Companies during the 2nd quarter worth $33,000. IAG Wealth Partners LLC lifted its stake in shares of Lowe's Companies by 178.6% in the 1st quarter. IAG Wealth Partners LLC now owns 156 shares of the home improvement retailer's stock worth $37,000 after acquiring an additional 100 shares during the period. Miller Global Investments LLC acquired a new stake in shares of Lowe's Companies in the 3rd quarter worth $40,000. Finally, Lodestone Wealth Management LLC boosted its holdings in shares of Lowe's Companies by 95.6% in the third quarter. Lodestone Wealth Management LLC now owns 221 shares of the home improvement retailer's stock valued at $41,000 after acquiring an additional 108 shares in the last quarter. 74.06% of the stock is owned by institutional investors and hedge funds.

Lowe's Companies Trading Up 0.8%

LOW stock opened at $197.22 on Friday. The firm has a 50 day moving average of $199.44 and a 200-day moving average of $214.83. The company has a market cap of $110.65 billion, a price-to-earnings ratio of 16.67, a PEG ratio of 1.64 and a beta of 0.89. Lowe's Companies, Inc. has a 12-month low of $178.45 and a 12-month high of $293.06.

Lowe's Companies (NYSE:LOW - Get Free Report) last released its quarterly earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share for the quarter, topping analysts' consensus estimates of $4.22 by $0.18. The business had revenue of $25.96 billion for the quarter, compared to analysts' expectations of $26.13 billion. Lowe's Companies had a negative return on equity of 75.67% and a net margin of 7.34%. The company's revenue was up 8.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.33 EPS. Lowe's Companies has set its FY 2026 guidance at 12.250-12.250 EPS. Sell-side analysts forecast that Lowe's Companies, Inc. will post 12.26 earnings per share for the current fiscal year.

Lowe's Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 4th. Investors of record on Wednesday, October 21st will be given a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Wednesday, October 21st. Lowe's Companies's payout ratio is currently 42.27%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on LOW. DA Davidson reiterated a "neutral" rating and set a $245.00 price target on shares of Lowe's Companies in a research note on Wednesday, August 19th. Wells Fargo & Company reduced their price target on Lowe's Companies from $255.00 to $245.00 and set an "overweight" rating for the company in a report on Tuesday, August 11th. Mizuho decreased their price target on Lowe's Companies from $280.00 to $250.00 and set an "outperform" rating on the stock in a research note on Thursday, August 20th. Guggenheim restated a "buy" rating and set a $275.00 target price on shares of Lowe's Companies in a research report on Monday, September 21st. Finally, Citigroup lowered their price target on shares of Lowe's Companies from $267.00 to $260.00 and set a "buy" rating on the stock in a research note on Thursday, August 20th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $254.29.

Lowe's Companies Company Profile

Lowe's Companies, Inc is a home improvement retailer serving homeowners, renters, and professional contractors primarily in the United States. The company operates through a network of retail stores and digital channels, offering products and services for home repair, maintenance, remodeling, construction, and outdoor living.

Its merchandise includes appliances, tools, hardware, lumber, building materials, plumbing and electrical supplies, paint, flooring, kitchen and bath products, lighting, home décor, lawn and garden equipment, and seasonal goods.

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