Massachusetts Financial Services Co. MA Lowers Position in Lowe's Companies, Inc. $LOW

Key Points

• Massachusetts Financial Services Co. trimmed its Lowe's stake by 3.5% in Q4, selling 228,034 shares and now holds 6,374,029 shares (about 1.14% of the company) valued at $1.537 billion.
• Lowe's beat Q4 estimates with $1.98 EPS and $20.59 billion in revenue (up 10.9% YoY), set FY2026 guidance of $12.25–12.75 EPS and declared a $1.20 quarterly dividend (annualized $4.80, ~2.0% yield); analysts rate the stock a "Moderate Buy" with an average target of $289.24.

Massachusetts Financial Services Co. MA lowered its holdings in Lowe's Companies, Inc. (NYSE:LOW - Free Report) by 3.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,374,029 shares of the home improvement retailer's stock after selling 228,034 shares during the period. Massachusetts Financial Services Co. MA owned approximately 1.14% of Lowe's Companies worth $1,537,161,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. City Holding Co. raised its holdings in shares of Lowe's Companies by 0.3% during the 4th quarter. City Holding Co. now owns 42,523 shares of the home improvement retailer's stock valued at $10,255,000 after buying an additional 146 shares in the last quarter. Premier Path Wealth Partners LLC raised its holdings in shares of Lowe's Companies by 3.9% during the 4th quarter. Premier Path Wealth Partners LLC now owns 7,277 shares of the home improvement retailer's stock valued at $1,755,000 after buying an additional 276 shares in the last quarter. Apollon Wealth Management LLC raised its holdings in shares of Lowe's Companies by 3.4% during the 4th quarter. Apollon Wealth Management LLC now owns 33,488 shares of the home improvement retailer's stock valued at $8,076,000 after buying an additional 1,111 shares in the last quarter. DDD Partners LLC raised its holdings in shares of Lowe's Companies by 2.7% during the 4th 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 in the last quarter. Finally, Triad Wealth Partners LLC raised its holdings in shares of Lowe's Companies by 9.6% during the 4th quarter. Triad Wealth Partners LLC now owns 2,517 shares of the home improvement retailer's stock valued at $607,000 after buying an additional 220 shares in the last quarter. Hedge funds and other institutional investors own 74.06% of the company's stock.

Lowe's Companies Price Performance

Shares of Lowe's Companies stock opened at $244.45 on Friday. The business's 50 day simple moving average is $255.24 and its two-hundred day simple moving average is $250.03. The stock has a market capitalization of $136.91 billion, a P/E ratio of 20.63, a price-to-earnings-growth ratio of 5.38 and a beta of 0.97. Lowe's Companies, Inc. has a one year low of $210.33 and a one year high of $293.06.

Lowe's Companies (NYSE:LOW - Get Free Report) last announced its quarterly earnings results on Wednesday, February 25th. The home improvement retailer reported $1.98 EPS for the quarter, topping analysts' consensus estimates of $1.94 by $0.04. The business had revenue of $20.59 billion for the quarter, compared to analysts' expectations of $20.34 billion. Lowe's Companies had a negative return on equity of 61.40% and a net margin of 7.71%.The business's quarterly revenue was up 10.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.93 EPS. Lowe's Companies has set its FY 2026 guidance at 12.250-12.75 EPS. Sell-side analysts expect that Lowe's Companies, Inc. will post 11.9 earnings per share for the current fiscal year.

Lowe's Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 6th. Shareholders of record on Wednesday, April 22nd will be paid a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Wednesday, April 22nd. Lowe's Companies's payout ratio is 40.51%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on LOW. Sanford C. Bernstein decreased their price objective on Lowe's Companies from $313.00 to $303.00 and set an "outperform" rating on the stock in a report on Thursday, February 26th. Rothschild & Co Redburn raised their price objective on Lowe's Companies from $280.00 to $290.00 and gave the company a "buy" rating in a report on Thursday, February 26th. Argus raised their price objective on Lowe's Companies from $286.00 to $288.00 and gave the company a "buy" rating in a report on Monday, March 2nd. Weiss Ratings raised Lowe's Companies from a "hold (c+)" rating to a "buy (b-)" rating in a report on Tuesday, March 24th. Finally, Mizuho raised 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. Twenty-two research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $289.24.

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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