Strs Ohio Has $43.17 Million Stock Holdings in Lowe's Companies, Inc. $LOW

Key Points

• Strs Ohio reduced its Lowe's stake by 2.8% to 179,007 shares, leaving holdings valued at $43.17 million; institutional investors now own about 74.06% of the company.
• Wall Street sentiment is positive with a consensus rating of "Moderate Buy" and a consensus price target of $289.10 (22 Buy vs. 8 Hold ratings).
• Lowe's last quarter beat EPS ($1.98 vs. $1.94 est.) and revenue ($20.59B vs. $20.34B), guided FY2026 EPS to 12.25–12.75, and declared a quarterly dividend of $1.20 (2.1% yield).

Strs Ohio cut its stake in shares of Lowe's Companies, Inc. (NYSE:LOW - Free Report) by 2.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 179,007 shares of the home improvement retailer's stock after selling 5,116 shares during the period. Strs Ohio's holdings in Lowe's Companies were worth $43,169,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC lifted its position in shares of Lowe's Companies by 119.7% in the fourth quarter. Brighton Jones LLC now owns 31,965 shares of the home improvement retailer's stock valued at $7,889,000 after buying an additional 17,413 shares during the last quarter. Revolve Wealth Partners LLC lifted its position in shares of Lowe's Companies by 31.6% in the fourth quarter. Revolve Wealth Partners LLC now owns 1,078 shares of the home improvement retailer's stock valued at $266,000 after buying an additional 259 shares during the last quarter. Sivia Capital Partners LLC lifted its position in shares of Lowe's Companies by 22.3% in the second quarter. Sivia Capital Partners LLC now owns 1,534 shares of the home improvement retailer's stock valued at $340,000 after buying an additional 280 shares during the last quarter. United Bank lifted its position in shares of Lowe's Companies by 1.3% in the second quarter. United Bank now owns 12,124 shares of the home improvement retailer's stock valued at $2,690,000 after buying an additional 155 shares during the last quarter. Finally, Schnieders Capital Management LLC. lifted its position in shares of Lowe's Companies by 13.1% in the second quarter. Schnieders Capital Management LLC. now owns 2,378 shares of the home improvement retailer's stock valued at $528,000 after buying an additional 275 shares during the last quarter. Institutional investors own 74.06% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Evercore cut their price objective on Lowe's Companies from $250.00 to $245.00 in a research report on Tuesday, March 31st. Guggenheim raised their price objective on Lowe's Companies from $280.00 to $300.00 and gave the company a "buy" rating in a research 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 research report on Monday, March 2nd. Telsey Advisory Group increased their target price on Lowe's Companies from $285.00 to $295.00 and gave the stock an "outperform" rating in a research note on Thursday, February 26th. Finally, Morgan Stanley lowered their target price on Lowe's Companies from $296.00 to $292.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 28th. Twenty-two equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $289.10.

Lowe's Companies Price Performance

Lowe's Companies stock opened at $233.55 on Friday. The stock's fifty day moving average price is $245.40 and its two-hundred day moving average price is $249.92. Lowe's Companies, Inc. has a one year low of $210.33 and a one year high of $293.06. The firm has a market cap of $130.80 billion, a PE ratio of 19.71, a price-to-earnings-growth ratio of 5.07 and a beta of 0.91.

Lowe's Companies (NYSE:LOW - Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $20.59 billion for the quarter, compared to analyst estimates of $20.34 billion. Lowe's Companies had a negative return on equity of 61.40% and a net margin of 7.71%.The company's revenue was up 10.9% on a year-over-year basis. During the same quarter last year, the company 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 12.61 earnings per share for the current fiscal year.

Lowe's Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 6th. Shareholders of record on Wednesday, April 22nd will be issued a $1.20 dividend. This represents a $4.80 dividend on an annualized basis 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 (DPR) is currently 40.51%.

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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