NEOS Investment Management LLC Raises Stake in Lowe's Companies, Inc. $LOW

Key Points

• NEOS Investment Management increased its Lowe’s stake by 13.3% in the second quarter, bringing its holdings to 91,243 shares valued at approximately $20.1 million. Institutional investors collectively own 74.06% of the company.
• Lowe’s recently beat quarterly EPS estimates, reporting $4.40 versus the $4.22 consensus, while revenue rose 8.3% year over year to $25.96 billion. The company maintained its $1.25 quarterly dividend, equivalent to a 2.4% yield.
• The stock faces mixed conditions: analysts maintain a “Moderate Buy” consensus with a $258.53 price target, but shares trade near their one-year low amid higher mortgage rates and reduced FY2027 EPS expectations.

NEOS Investment Management LLC grew its position in Lowe's Companies, Inc. (NYSE:LOW - Free Report) by 13.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 91,243 shares of the home improvement retailer's stock after purchasing an additional 10,737 shares during the quarter. NEOS Investment Management LLC's holdings in Lowe's Companies were worth $20,118,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Swiss RE Ltd. bought a new position in shares of Lowe's Companies in the fourth quarter worth about $25,000. Wilkerson Advisory Group LLC bought a new stake in Lowe's Companies during the 4th quarter valued at approximately $27,000. Sankala Group LLC purchased a new position in Lowe's Companies in the 4th quarter worth approximately $33,000. Triumph Capital Management purchased a new position in Lowe's Companies in the 3rd quarter worth approximately $34,000. Finally, IAG Wealth Partners LLC boosted its stake in Lowe's Companies by 178.6% in the 1st quarter. IAG Wealth Partners LLC now owns 156 shares of the home improvement retailer's stock worth $37,000 after purchasing an additional 100 shares during the period. 74.06% of the stock is owned by hedge funds and other institutional investors.

Lowe's Companies News Summary

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

• Positive Sentiment: Retail earnings point to a “K-shaped” consumer economy, with Lowe’s and Home Depot benefiting from relatively solid home-improvement sales even as lower-income-focused retailers face greater tariff and margin pressure. Retail Earnings Just Exposed a Bigger Divide in the U.S. Consumer Economy
• Positive Sentiment: Lowe’s plans to open three additional stores in 2026, supporting its long-term sales footprint and market expansion. Lowe's opening 3 more stores in these states in 2026
• Positive Sentiment: The Lowe’s Foundation launched a large skilled-trades training coalition with NVIDIA, AT&T, Bank of America, Carrier, General Motors, DEWALT and Duke Energy. The effort could expand the contractor labor pool and support future Pro customer demand. Nvidia Is Now Paying to Train Plumbers
• Neutral Sentiment: Five new executive vice presidents were appointed across Pro, Home Services, stores, information and AI, strategy, and marketing. Lowe’s also maintained its $1.25 quarterly dividend, while expanding online offerings; the new leadership could improve execution, but a shelf registration for 2.5 million shares creates a potential future dilution overhang. Did Lowe’s New EVP Lineup and Shelf Filing Just Quietly Reframe the LOW Investment Narrative?
• Neutral Sentiment: The NFL-focused “Earn Your Sunday” campaign adds new star athletes and may strengthen brand engagement, although its direct financial impact is unclear. Lowe's Kicks Off Year Two of Earn Your Sunday
• Negative Sentiment: Zacks Research cut its FY2027 EPS estimate for Lowe’s to $12.25 from $12.45, aligning it near the $12.26 consensus and signaling limited expected earnings growth. Zacks Research Issues Negative Estimate for LOW Earnings
• Negative Sentiment: Mortgage rates have reached a one-year high following a global bond sell-off. Higher borrowing costs could discourage housing transactions and large remodeling projects, pressuring demand at Lowe’s and Home Depot. Mortgage Rates Just Hit a 1-Year High

Analyst Ratings Changes

Several research firms have recently issued reports on LOW. The Goldman Sachs Group reduced their price objective on shares of Lowe's Companies from $300.00 to $293.00 and set a "buy" rating on the stock in a research report on Thursday, May 21st. Truist Financial dropped 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 research report on Thursday, August 20th. Gordon Haskett cut their target price on shares of Lowe's Companies from $280.00 to $250.00 and set a "buy" rating for the company in a research note on Thursday, May 21st. Craig Hallum upgraded shares of Lowe's Companies to a "buy" rating in a report on Tuesday, May 12th. Finally, Raymond James Financial cut shares of Lowe's Companies from a "market perform" rating to a "market perform" rating in a research note on Tuesday, May 12th. Twenty-three equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Lowe's Companies has a consensus rating of "Moderate Buy" and a consensus price target of $258.53.

Lowe's Companies Stock Performance

NYSE LOW opened at $204.45 on Friday. The company has a market capitalization of $114.71 billion, a P/E ratio of 17.28, a P/E/G ratio of 2.69 and a beta of 0.85. Lowe's Companies, Inc. has a one year low of $199.34 and a one year high of $293.06. The stock has a 50 day moving average price of $213.44 and a 200-day moving average price of $227.92.

Lowe's Companies (NYSE:LOW - Get Free Report) last posted its earnings results 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. Lowe's Companies had a net margin of 7.34% and a negative return on equity of 75.67%. The firm had revenue of $25.96 billion during the quarter, compared to analyst estimates of $26.13 billion. During the same period last year, the firm posted $4.33 earnings per share. Lowe's Companies's revenue for the quarter 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. As a group, equities analysts predict that Lowe's Companies, Inc. will post 12.26 EPS for the current fiscal year.

Lowe's Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 4th. Shareholders of record on Wednesday, October 21st will be paid a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Wednesday, October 21st. Lowe's Companies's dividend payout ratio (DPR) is presently 42.27%.

Insider Transactions at Lowe's Companies

In other Lowe's Companies news, EVP Margrethe R. Vagell sold 2,500 shares of the company's stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $223.83, for a total transaction of $559,575.00. Following the sale, the executive vice president directly owned 20,220 shares in the company, valued at $4,525,842.60. This represents a 11.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Janice Dupré sold 14,150 shares of the firm's stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $221.90, for a total value of $3,139,885.00. Following the completion of the sale, the executive vice president directly owned 39,785 shares of the company's stock, valued at $8,828,291.50. The trade was a 26.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 25,980 shares of company stock worth $5,796,937 in the last three months. Insiders own 0.29% of the company's stock.

Lowe's Companies Profile

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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