Lowe's Companies, Inc. $LOW Stock Position Lifted by Horizon Investments LLC

Key Points

• Horizon Investments LLC lifted its stake in Lowe's by 46.2% to 23,934 shares (worth $5.746 million), and institutional investors now own about 74.06% of the company.
• Lowe's beat quarterly expectations with $1.98 EPS (vs. $1.94 est.) and $20.59B revenue (vs. $20.34B est.), with revenue up 10.9% year-over-year and FY2026 guidance set at $12.25–$12.75 EPS; analysts' consensus rating is "Moderate Buy" with a $289.10 target.
• The board declared a quarterly dividend of $1.20 per share (annualized $4.80, yield ~2.1%), ex-dividend April 22 and payable May 6; Lowe's shares trade around $233.55 with a market cap of ~$130.8B and a P/E of ~19.7.

Horizon Investments LLC lifted its holdings in Lowe's Companies, Inc. (NYSE:LOW - Free Report) by 46.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 23,934 shares of the home improvement retailer's stock after purchasing an additional 7,565 shares during the quarter. Horizon Investments LLC's holdings in Lowe's Companies were worth $5,746,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Rather & Kittrell Inc. grew its stake in shares of Lowe's Companies by 0.4% in the fourth quarter. Rather & Kittrell Inc. now owns 10,379 shares of the home improvement retailer's stock worth $2,503,000 after purchasing an additional 38 shares in the last quarter. Walkner Condon Financial Advisors LLC lifted its holdings in shares of Lowe's Companies by 4.3% in the fourth quarter. Walkner Condon Financial Advisors LLC now owns 945 shares of the home improvement retailer's stock valued at $228,000 after buying an additional 39 shares during the period. Berger Financial Group Inc lifted its holdings in shares of Lowe's Companies by 3.6% in the fourth quarter. Berger Financial Group Inc now owns 1,165 shares of the home improvement retailer's stock valued at $281,000 after buying an additional 40 shares during the period. Westfuller Advisors LLC lifted its holdings in shares of Lowe's Companies by 7.0% in the fourth quarter. Westfuller Advisors LLC now owns 629 shares of the home improvement retailer's stock valued at $152,000 after buying an additional 41 shares during the period. Finally, DDD Partners LLC lifted its holdings in shares of Lowe's Companies by 2.7% in the fourth quarter. DDD Partners LLC now owns 1,563 shares of the home improvement retailer's stock valued at $377,000 after buying an additional 41 shares during the period. Institutional investors own 74.06% of the company's stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Gordon Haskett cut their price objective on Lowe's Companies from $325.00 to $300.00 and set a "buy" rating for the company in a report on Thursday, February 26th. Wells Fargo & Company upped their price objective on Lowe's Companies from $280.00 to $290.00 and gave the company an "overweight" rating in a report on Thursday, February 26th. Mizuho upped their price objective on Lowe's Companies from $272.00 to $294.00 and gave the company an "outperform" rating in a report on Friday, February 27th. Barclays upgraded Lowe's Companies from an "equal weight" rating to an "overweight" rating and set a $285.00 price objective for the company in a report on Wednesday, January 7th. Finally, Evercore cut their price objective on Lowe's Companies from $250.00 to $245.00 in a report on Tuesday, March 31st. Twenty-two analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $289.10.

Lowe's Companies Stock Up 0.1%

Shares of NYSE LOW opened at $233.55 on Monday. Lowe's Companies, Inc. has a 12 month low of $210.33 and a 12 month high of $293.06. The company has a market cap of $130.80 billion, a price-to-earnings ratio of 19.71, a P/E/G ratio of 5.07 and a beta of 0.91. The business has a fifty day simple moving average of $245.40 and a 200-day simple moving average of $249.98.

Lowe's Companies (NYSE:LOW - Get Free Report) last announced its earnings results on Wednesday, February 25th. The home improvement retailer reported $1.98 EPS for the quarter, beating 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 business had revenue of $20.59 billion during the quarter, compared to the consensus estimate of $20.34 billion. During the same period in the prior year, the business posted $1.93 earnings per share. Lowe's Companies's revenue was up 10.9% compared to the same quarter last year. Lowe's Companies has set its FY 2026 guidance at 12.250-12.75 EPS. As a group, sell-side analysts expect that Lowe's Companies, Inc. will post 12.61 EPS for the current fiscal year.

Lowe's Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 6th. Stockholders of record on Wednesday, April 22nd will be issued a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Wednesday, April 22nd. Lowe's Companies's dividend payout ratio is currently 40.51%.

About Lowe's Companies

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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