Lowe's Companies (NYSE:LOW) Stock Acquired Sen. Angus S. King Jr.

Key Points

• Senator Angus S. King Jr. purchased shares of Lowe's Companies, Inc. (NYSE:LOW) valued between $1,001 and $15,000 on July 21st, according to a filing.
• Lowe's reported quarterly earnings of $4.33 per share, surpassing analysts' expectations of $4.24, with a revenue of $23.96 billion for the quarter.
• The company declared an increased quarterly dividend of $1.20 per share, reflecting a total annual payout of $4.80 and a yield of 1.9%.

Senator Angus S. King Jr. (I-Maine) recently bought shares of Lowe's Companies, Inc. NYSE: LOW. In a filing disclosed on August 18th, the Senator disclosed that they had bought between $1,001 and $15,000 in Lowe's Companies stock on July 21st.

Senator Angus S. King Jr. also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Kirby NYSE: KEX on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of JPMorgan Chase & Co. NYSE: JPM on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOGL on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of Exxon Mobil NYSE: XOM on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of Arista Networks NYSE: ANET on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of Uber Technologies NYSE: UBER on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of Netflix NASDAQ: NFLX on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of PayPal NASDAQ: PYPL on 7/21/2025.
• Purchased $1,001 - $15,000 in shares of Quanta Services NYSE: PWR on 7/21/2025.

Lowe's Companies Trading Down 0.5%

NYSE LOW opened at $255.8520 on Friday. Lowe's Companies, Inc. has a 1-year low of $206.38 and a 1-year high of $287.01. The company has a market capitalization of $143.39 billion, a PE ratio of 21.02, a price-to-earnings-growth ratio of 2.43 and a beta of 0.89. The firm's fifty day simple moving average is $229.15 and its 200-day simple moving average is $230.35.

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

Lowe's Companies Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 6th. Stockholders of record on Wednesday, July 23rd were issued a dividend of $1.20 per share. The ex-dividend date was Wednesday, July 23rd. This represents a $4.80 annualized dividend and a dividend yield of 1.9%. This is an increase from Lowe's Companies's previous quarterly dividend of $1.15. Lowe's Companies's dividend payout ratio is presently 39.77%.

Institutional Trading of Lowe's Companies

Large investors have recently modified their holdings of the company. State of Alaska Department of Revenue boosted its holdings in Lowe's Companies by 1.2% during the first quarter. State of Alaska Department of Revenue now owns 125,299 shares of the home improvement retailer's stock valued at $29,223,000 after acquiring an additional 1,470 shares during the period. Aptus Capital Advisors LLC lifted its position in shares of Lowe's Companies by 14.0% during the 4th quarter. Aptus Capital Advisors LLC now owns 106,305 shares of the home improvement retailer's stock worth $26,236,000 after purchasing an additional 13,092 shares during the last quarter. Larson Financial Group LLC boosted its stake in Lowe's Companies by 8.1% during the 1st quarter. Larson Financial Group LLC now owns 16,551 shares of the home improvement retailer's stock valued at $3,860,000 after purchasing an additional 1,242 shares during the period. Northern Trust Corp boosted its stake in Lowe's Companies by 16.3% during the 4th quarter. Northern Trust Corp now owns 7,074,391 shares of the home improvement retailer's stock valued at $1,745,960,000 after purchasing an additional 993,833 shares during the period. Finally, Advent Capital Management DE grew its holdings in Lowe's Companies by 20.0% in the 1st quarter. Advent Capital Management DE now owns 18,000 shares of the home improvement retailer's stock valued at $4,198,000 after buying an additional 3,000 shares during the last quarter. 74.06% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, CEO Marvin R. Ellison sold 40,000 shares of the company's stock in a transaction that occurred 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 completion of the transaction, the chief executive officer directly owned 249,043 shares in the company, valued at $65,772,256.30. The trade was a 13.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Juliette Williams Pryor sold 1,130 shares of the firm's stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $227.50, for a total transaction of $257,075.00. Following the completion of the sale, the executive vice president owned 31,898 shares in the company, valued at approximately $7,256,795. The trade was a 3.42% decrease in their position. The disclosure for this sale can be found here. 0.27% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Gordon Haskett upgraded Lowe's Companies to a "hold" rating in a report on Wednesday, August 13th. Guggenheim reiterated a "buy" rating and issued a $300.00 target price on shares of Lowe's Companies in a research note on Thursday. Mizuho reissued an "outperform" rating and issued a $280.00 target price on shares of Lowe's Companies in a research report on Friday, June 13th. Wells Fargo & Company increased their price target on shares of Lowe's Companies from $260.00 to $300.00 and gave the stock an "overweight" rating in a research note on Thursday. Finally, Telsey Advisory Group restated an "outperform" rating and set a $305.00 price target on shares of Lowe's Companies in a report on Thursday. Sixteen analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Lowe's Companies currently has an average rating of "Moderate Buy" and a consensus price target of $284.33.

About Senator King

Angus King (independent) is a member of the U.S. Senate from Maine. He assumed office on January 3, 2013. His current term ends on January 3, 2031. King (independent) ran for re-election to the U.S. Senate to represent Maine. He won in the general election on November 5, 2024.

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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