Lowe's Companies, Inc. $LOW Stock Holdings Trimmed by Envestnet Asset Management Inc.

Key Points

• Envestnet Asset Management trimmed its Lowe’s position by 3.9%, selling 43,043 shares and retaining 1.06 million shares valued at approximately $234.7 million. Institutional investors collectively own 74.06% of the company.
• Analyst sentiment remains moderately bullish: Lowe’s has a consensus “Moderate Buy” rating and an average price target of $255.97, despite several recent target reductions and one downgrade to “Hold.”
• Lowe’s beat quarterly earnings expectations with $4.40 in EPS, while revenue rose 8.3% year over year to $25.96 billion. The company also declared a quarterly dividend of $1.25, equivalent to a 2.7% annualized yield.

Envestnet Asset Management Inc. decreased its position in Lowe's Companies, Inc. (NYSE:LOW - Free Report) by 3.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,064,397 shares of the home improvement retailer's stock after selling 43,043 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.19% of Lowe's Companies worth $234,687,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. First Command Advisory Services Inc. grew its position in shares of Lowe's Companies by 1.3% in the 4th quarter. First Command Advisory Services Inc. now owns 2,947 shares of the home improvement retailer's stock worth $711,000 after buying an additional 38 shares during the period. Smithbridge Asset Management Inc. DE lifted its position in Lowe's Companies by 1.1% during the 4th quarter. Smithbridge Asset Management Inc. DE now owns 3,723 shares of the home improvement retailer's stock valued at $898,000 after acquiring an additional 39 shares during the period. Root Financial Partners LLC lifted its position in Lowe's Companies by 2.6% during the 4th quarter. Root Financial Partners LLC now owns 1,636 shares of the home improvement retailer's stock valued at $395,000 after acquiring an additional 41 shares during the period. IMA Advisory Services Inc. lifted its position in Lowe's Companies by 0.5% during the 4th quarter. IMA Advisory Services Inc. now owns 7,865 shares of the home improvement retailer's stock valued at $1,897,000 after acquiring an additional 41 shares during the period. Finally, Juno Financial Group LLC boosted its stake in Lowe's Companies by 0.4% during the first quarter. Juno Financial Group LLC now owns 11,889 shares of the home improvement retailer's stock worth $2,809,000 after acquiring an additional 43 shares in the last quarter. Hedge funds and other institutional investors own 74.06% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Sanford C. Bernstein cut their price objective on shares of Lowe's Companies from $261.00 to $254.00 and set an "outperform" rating on the stock in a report on Wednesday, September 9th. Truist Financial lowered their target price on shares of Lowe's Companies from $255.00 to $254.00 and set a "buy" rating for the company in a report on Thursday, August 20th. DA Davidson reissued a "neutral" rating and issued a $245.00 price target on shares of Lowe's Companies in a research report on Wednesday, August 19th. Citigroup cut their price target on 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. Finally, Royal Bank Of Canada reaffirmed a "sector perform" rating and set a $231.00 price objective on shares of Lowe's Companies in a research report on Thursday, August 20th. Twenty-two investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $255.97.

Lowe's Companies Stock Performance

Shares of NYSE LOW opened at $188.55 on Friday. The firm's 50 day moving average price is $207.42 and its 200-day moving average price is $220.40. Lowe's Companies, Inc. has a 52-week low of $187.50 and a 52-week high of $293.06. The company has a market cap of $105.79 billion, a PE ratio of 15.94, a P/E/G ratio of 2.61 and a beta of 0.85.

Lowe's Companies (NYSE:LOW - Get Free Report) last announced its quarterly earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share for the quarter, beating the consensus estimate of $4.22 by $0.18. Lowe's Companies had a net margin of 7.34% and a negative return on equity of 75.67%. The company had revenue of $25.96 billion during the quarter, compared to the consensus estimate of $26.13 billion. During the same quarter last year, the firm earned $4.33 earnings per share. The firm's quarterly revenue was up 8.3% compared to the same quarter last year. Lowe's Companies has set its FY 2026 guidance at 12.250-12.250 EPS. On average, 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 firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 4th. Shareholders of record on Wednesday, October 21st will be issued a $1.25 dividend. 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 2.7%. Lowe's Companies's dividend payout ratio (DPR) is presently 42.27%.

Lowe's Companies News Roundup

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

• Positive Sentiment: Drone delivery expands fulfillment options: Lowe’s launched a pilot at its Matthews, North Carolina, store with DoorDash and Alphabet’s Wing. Customers can order more than 100 eligible items weighing roughly 2.5 pounds or less through DoorDash, with deliveries potentially arriving in as little as 20 minutes. The initiative could improve convenience for DIY and professional customers while reducing fulfillment friction. Lowe's Becomes First Home Improvement Retailer to Offer Drone Delivery
• Positive Sentiment: Potential for capital returns: Management has indicated that Lowe’s could consider restarting share repurchases in 2027, provided operating performance, balance-sheet priorities and capital needs support the move. A buyback could provide future earnings-per-share support, although it is not an immediate catalyst. Lowe’s Eyes a 2027 Buyback Return
• Neutral Sentiment: Analyst sentiment remains mixed: While some coverage continues to characterize Lowe’s as an attractive investment, the company’s valuation and outlook remain dependent on improving sales trends and execution. Wall Street Analysts Think Lowe's Is a Good Investment
• Negative Sentiment: Gordon Haskett downgraded Lowe’s from Buy to Hold and reduced its price target to $200 from $240. The lower target signals less near-term upside and likely contributed to selling pressure. Gordon Haskett Downgrades Lowe’s

About Lowe's Companies

Lowe's Companies, Inc is a home improvement retailer that serves homeowners, renters, and professional contractors primarily through stores and digital platforms in the United States. The company sells a broad selection of products for maintenance, repair, remodeling, and construction projects.

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

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