Lowe's Companies, Inc. $LOW Stock: B&D White Capital Company LLC Raises Stake

Key Points

• B&D White Capital increased its Lowe’s stake by 85.3% in the third quarter, adding 11,693 shares to bring its holdings to 25,400 shares, valued at about $4.68 million.
• Lowe’s cut its 2026 sales outlook to approximately $92 billion amid softer consumer demand and continued weakness in homebuilding, though management cited momentum in its Pro, online and Home Services businesses.
• Analysts’ average rating is Moderate Buy, with an average price target of $253.48. The company’s latest quarter beat EPS estimates but came in below revenue expectations; it also pays an annualized dividend of $5 per share.

B&D White Capital Company LLC boosted its stake in shares of Lowe's Companies, Inc. (NYSE:LOW - Free Report) by 85.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 25,400 shares of the home improvement retailer's stock after purchasing an additional 11,693 shares during the period. B&D White Capital Company LLC's holdings in Lowe's Companies were worth $4,681,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. BlackRock Inc. grew its position in Lowe's Companies by 1.8% in the 2nd quarter. BlackRock Inc. now owns 40,545,728 shares of the home improvement retailer's stock worth $8,939,928,000 after purchasing an additional 714,092 shares during the period. State Street Corp raised its stake in Lowe's Companies by 3.6% during the 2nd quarter. State Street Corp now owns 25,329,373 shares of the home improvement retailer's stock valued at $5,584,873,000 after buying an additional 880,815 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Lowe's Companies by 5.2% during the 1st quarter. Bank of New York Mellon Corp now owns 4,047,615 shares of the home improvement retailer's stock valued at $956,371,000 after buying an additional 201,803 shares during the period. Amundi lifted its holdings in shares of Lowe's Companies by 57.3% during the 2nd quarter. Amundi now owns 2,892,868 shares of the home improvement retailer's stock valued at $637,848,000 after buying an additional 1,053,237 shares during the period. Finally, Swiss National Bank lifted its holdings in shares of Lowe's Companies by 7.1% during the 1st quarter. Swiss National Bank now owns 1,646,320 shares of the home improvement retailer's stock valued at $388,992,000 after buying an additional 109,520 shares during the period. Hedge funds and other institutional investors own 74.06% of the company's stock.

Lowe's Companies News Summary

Here are the key news stories impacting Lowe's Companies this week:

• Positive Sentiment: Housing stocks rallied after the midterm election, while interest rates edged lower—potentially supportive of home improvement demand. Here's What Democrats Taking Back the House and Senate Could Mean for Housing Stocks Like Home Depot and Lowe's
• Positive Sentiment: Lowe’s named the Georgia Ports Authority its Supply Chain Impact Partner of the Year, highlighting its supply-chain relationship, though the announcement is not expected to materially affect near-term results. Lowe’s names Georgia Ports Supply Chain Impact Partner of the Year
• Neutral Sentiment: LOW had recently rebounded, but the rally is being tested by the lower outlook and investor focus on upcoming third-quarter results and comparable sales. Why Lowe's Companies (LOW) Moved And What Investors Are Weighing Now
• Negative Sentiment: Lowe’s cut its 2026 sales outlook to about $92 billion, citing softer consumer demand and continued weakness in homebuilding, which is pressuring builder-oriented business. The cut raises the bar for upcoming results, although management cited momentum in Pro, online and Home Services. Guidance Cut Could Be A Big Test For Lowe's Stock (LOW)

Wall Street Analyst Weigh In

Several analysts recently commented on LOW shares. Morgan Stanley reaffirmed an "overweight" rating on shares of Lowe's Companies in a report on Thursday, August 20th. TD Cowen reiterated a "hold" rating and set a $235.00 price objective on shares of Lowe's Companies in a research report on Thursday, August 20th. Melius Research set a $244.00 target price on Lowe's Companies in a report on Tuesday, October 6th. Sanford C. Bernstein dropped their target price on Lowe's Companies from $261.00 to $254.00 and set an "outperform" rating on the stock in a research report on Wednesday, September 9th. Finally, Mizuho cut their price target on Lowe's Companies from $280.00 to $250.00 and set an "outperform" rating for the company in a research note on Thursday, August 20th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Lowe's Companies currently has an average rating of "Moderate Buy" and an average target price of $253.48.

Lowe's Companies Stock Performance

NYSE LOW opened at $227.74 on Friday. The business's fifty day moving average is $196.82 and its 200 day moving average is $225.35. Lowe's Companies, Inc. has a fifty-two week low of $178.45 and a fifty-two week high of $293.06. The company has a market capitalization of $127.77 billion, a PE ratio of 19.25, a price-to-earnings-growth ratio of 1.92 and a beta of 0.81.

Lowe's Companies (NYSE:LOW - Get Free Report) last posted its quarterly earnings data on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share for the quarter, beating analysts' consensus estimates of $4.22 by $0.18. The firm 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 business's quarterly revenue was up 8.3% on a year-over-year basis. During the same period in the previous year, the firm earned $4.33 EPS. Lowe's Companies has set its FY 2026 guidance at 12.250-12.250 EPS. On average, sell-side analysts forecast that Lowe's Companies, Inc. will post 12.25 EPS for the current year.

Lowe's Companies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 4th. Shareholders of record on Wednesday, October 21st were paid a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date was Wednesday, October 21st. Lowe's Companies's dividend payout ratio is presently 42.27%.

About Lowe's Companies

Lowe's Companies, Inc is a home improvement retailer serving do-it-yourself customers, professional contractors and commercial customers across the United States. The company sells products for home construction, maintenance, repair, remodeling and improvement through its stores and digital platforms.

Its merchandise includes appliances, tools, hardware, lumber, building materials, electrical and plumbing supplies, paint, flooring, kitchen and bathroom products, outdoor living items, lawn and garden products, and seasonal merchandise.

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