Lowe's Companies, Inc. $LOW Stock Sold by Aberdeen Group plc

Key Points

• Aberdeen Group cut its Lowe’s stake by 43.6% in the third quarter, selling 348,458 shares; it retained 450,444 shares valued at about $88.4 million.
• Analysts’ consensus rating is “Moderate Buy”, with an average price target of $254.58. The stock opened at $227.72, while several analysts recently lowered their targets.
• Lowe’s reported quarterly EPS of $4.40, topping estimates of $4.22, while revenue of $25.96 billion came in below expectations. It also paid a $1.25-per-share quarterly dividend.

Aberdeen Group plc reduced its position in shares of Lowe's Companies, Inc. (NYSE:LOW - Free Report) by 43.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 450,444 shares of the home improvement retailer's stock after selling 348,458 shares during the period. Aberdeen Group plc owned approximately 0.08% of Lowe's Companies worth $88,432,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Allworth Financial LP increased its holdings in shares of Lowe's Companies by 123.1% in the third quarter. Allworth Financial LP now owns 52,844 shares of the home improvement retailer's stock valued at $9,739,000 after buying an additional 29,156 shares in the last quarter. Eurizon Capital SGR S.p.A. boosted its stake in shares of Lowe's Companies by 4.3% during the 3rd quarter. Eurizon Capital SGR S.p.A. now owns 1,637,767 shares of the home improvement retailer's stock worth $302,951,000 after acquiring an additional 67,223 shares in the last quarter. PBU The Pension Fund of Early Childhood & Youth Educators boosted its stake in shares of Lowe's Companies by 7.2% during the 3rd quarter. PBU The Pension Fund of Early Childhood & Youth Educators now owns 123,111 shares of the home improvement retailer's stock worth $22,688,000 after acquiring an additional 8,229 shares in the last quarter. R Squared Ltd acquired a new position in shares of Lowe's Companies in the 3rd quarter worth $495,000. Finally, Nan Fung Trinity HK Ltd. acquired a new position in shares of Lowe's Companies in the 3rd quarter worth $14,651,000. 74.06% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on LOW shares. Weiss Ratings raised Lowe's Companies from a "hold (c-)" rating to a "hold (c)" rating in a research report on Wednesday, November 4th. Telsey Advisory Group decreased their price target on Lowe's Companies from $280.00 to $260.00 and set an "outperform" rating for the company in a research report on Thursday, August 20th. Citigroup dropped 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. Wells Fargo & Company dropped their price target on Lowe's Companies from $255.00 to $245.00 and set an "overweight" rating on the stock in a research note on Tuesday, August 11th. Finally, Truist Financial cut their price objective on Lowe's Companies from $255.00 to $254.00 and set a "buy" rating on the stock in a report on Thursday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $254.58.

Lowe's Companies Trading Up 0.1%

Shares of Lowe's Companies stock opened at $227.72 on Friday. Lowe's Companies, Inc. has a 1 year low of $178.45 and a 1 year high of $293.06. The company has a market cap of $127.77 billion, a P/E ratio of 19.25, a P/E/G ratio of 1.95 and a beta of 0.81. The stock has a 50-day moving average price of $199.90 and a 200 day moving average price of $223.99.

Lowe's Companies (NYSE:LOW - Get Free Report) last released its 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. The company 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 revenue for the quarter was up 8.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $4.33 EPS. Lowe's Companies has set its FY 2026 guidance at 12.250-12.250 EPS. On average, equities 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 was paid on Wednesday, November 4th. Investors of record on Wednesday, October 21st were given a dividend of $1.25 per share. The ex-dividend date of this dividend was Wednesday, October 21st. This represents a $5.00 dividend on an annualized basis and a yield of 2.2%. Lowe's Companies's payout ratio is presently 42.27%.

Top Lowe's Companies Stories

Investors following LOW have been watching these stories:

• Positive Sentiment: Lowe’s declared a quarterly cash dividend of $1.25 per share, payable Feb. 3, 2027, to shareholders of record Jan. 20. The payout supports the stock’s appeal to income-focused investors. Lowe’s declares cash dividend
• Positive Sentiment: A Zacks preview points to a possible Q3 earnings beat, citing an Earnings ESP of 0.59%, with Pro demand and digital growth among potential supports. Lowe’s earnings beat probability
• Neutral Sentiment: Lowe’s is partnering with Bilt to connect its merchandise, rewards and home services to Bilt’s 8 million-member platform. The partnership could broaden customer reach, though its sales impact is not yet clear. Lowe’s and Bilt partnership

Lowe's Companies Company Profile

Lowe's Companies, Inc. is a home improvement retailer serving homeowners, do-it-yourself customers and professional contractors. The company sells products for construction, maintenance, repair and renovation through its retail stores and online channels. Its offerings include appliances, tools, hardware, lumber and building materials, paint, plumbing and electrical supplies, and products for lawn and garden. Lowe's also provides services such as installation and other project support. Founded in 1921 in North Wilkesboro, North Carolina, Lowe's has grown into a major retailer operating across the United States.

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