Values Added Financial LLC Buys Shares of 1,064 Lowe's Companies, Inc. $LOW

Key Points

• Values Added Financial LLC purchased 1,064 shares of Lowe's Companies, valued at approximately $236,000, during the second quarter, according to their recent SEC filing.
• CEO Marvin R. Ellison sold 40,000 shares of Lowe's stock for over $10.5 million, resulting in a 13.84% decrease of his stake in the company.
• Lowe's Companies recently reported an EPS of $4.33 for the quarter, which exceeded analysts' expectations, while the company has set a fiscal year 2025 earnings guidance of $12.200-$12.450 EPS.

Values Added Financial LLC bought a new stake in Lowe's Companies, Inc. (NYSE:LOW - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,064 shares of the home improvement retailer's stock, valued at approximately $236,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in LOW. Vertex Planning Partners LLC raised its stake in shares of Lowe's Companies by 2.9% during the 1st quarter. Vertex Planning Partners LLC now owns 1,582 shares of the home improvement retailer's stock worth $369,000 after buying an additional 44 shares in the last quarter. Quadcap Wealth Management LLC raised its stake in shares of Lowe's Companies by 0.5% during the 1st quarter. Quadcap Wealth Management LLC now owns 9,386 shares of the home improvement retailer's stock worth $2,189,000 after buying an additional 46 shares in the last quarter. Mitchell Mcleod Pugh & Williams Inc. raised its stake in shares of Lowe's Companies by 0.8% during the 1st quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 5,817 shares of the home improvement retailer's stock worth $1,357,000 after buying an additional 47 shares in the last quarter. Appleton Partners Inc. MA raised its stake in shares of Lowe's Companies by 1.5% during the 2nd quarter. Appleton Partners Inc. MA now owns 3,214 shares of the home improvement retailer's stock worth $713,000 after buying an additional 47 shares in the last quarter. Finally, Fielder Capital Group LLC raised its stake in shares of Lowe's Companies by 5.9% during the 1st quarter. Fielder Capital Group LLC now owns 865 shares of the home improvement retailer's stock worth $202,000 after buying an additional 48 shares in the last quarter. Hedge funds and other institutional investors own 74.06% of the company's stock.

Insiders Place Their Bets

In other news, CEO Marvin R. Ellison sold 40,000 shares of the firm's stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $264.10, for a total transaction of $10,564,000.00. Following the sale, the chief executive officer owned 249,043 shares in the company, valued at $65,772,256.30. This trade represents a 13.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Joseph Michael Mcfarland sold 43,810 shares of the firm's stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $272.60, for a total value of $11,942,606.00. Following the sale, the executive vice president owned 66,566 shares in the company, valued at $18,145,891.60. This trade represents a 39.69% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 92,931 shares of company stock worth $24,945,752 over the last ninety days. Company insiders own 0.27% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on LOW shares. Citigroup cut their target price on Lowe's Companies from $253.00 to $242.00 and set a "neutral" rating for the company in a research note on Thursday, July 31st. Truist Financial raised their price objective on Lowe's Companies from $264.00 to $283.00 and gave the company a "buy" rating in a research note on Thursday, August 21st. KeyCorp raised their price objective on Lowe's Companies from $266.00 to $300.00 and gave the company an "overweight" rating in a research note on Thursday, August 21st. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Lowe's Companies in a research note on Wednesday. Finally, Robert W. Baird raised their price objective on Lowe's Companies from $285.00 to $295.00 and gave the company an "outperform" rating in a research note on Thursday, August 21st. Sixteen analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $283.13.

Lowe's Companies Stock Performance

Shares of NYSE:LOW opened at $237.62 on Thursday. The business's fifty day moving average price is $254.58 and its two-hundred day moving average price is $234.36. The stock has a market cap of $133.26 billion, a PE ratio of 19.53, a price-to-earnings-growth ratio of 2.22 and a beta of 0.88. Lowe's Companies, Inc. has a one year low of $206.38 and a one year high of $287.01.

Lowe's Companies (NYSE:LOW - Get Free Report) last announced its earnings results on Wednesday, August 20th. The home improvement retailer reported $4.33 EPS for the quarter, beating analysts' consensus estimates of $4.24 by $0.09. The firm had revenue of $23.96 billion for the quarter, compared to analysts' expectations of $23.99 billion. Lowe's Companies had a negative return on equity of 52.02% and a net margin of 8.20%.Lowe's Companies's quarterly revenue was up 1.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $4.10 EPS. Lowe's Companies has set its FY 2025 guidance at 12.200-12.450 EPS. As a group, equities research analysts predict that Lowe's Companies, Inc. will post 11.9 earnings per share for the current fiscal year.

Lowe's Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 5th. Stockholders of record on Wednesday, October 22nd will be issued a dividend of $1.20 per share. The ex-dividend date is Wednesday, October 22nd. This represents a $4.80 annualized dividend and a dividend yield of 2.0%. Lowe's Companies's dividend payout ratio (DPR) is 39.44%.

Lowe's Companies Company Profile

Lowe's Companies, Inc, together with its subsidiaries, operates as a home improvement retailer in the United States. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It also provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, and electrical.

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