Lowe's Companies (NYSE:LOW) Upgraded to Overweight at KeyCorp

KeyCorp upgraded shares of Lowe's Companies (NYSE:LOW - Free Report) from a sector weight rating to an overweight rating in a report released on Friday morning, Marketbeat Ratings reports. The brokerage currently has $266.00 price objective on the home improvement retailer's stock. KeyCorp also issued estimates for Lowe's Companies' Q1 2026 earnings at $2.90 EPS, Q2 2026 earnings at $4.25 EPS, Q3 2026 earnings at $3.04 EPS, Q4 2026 earnings at $2.06 EPS, FY2026 earnings at $12.25 EPS and FY2027 earnings at $13.40 EPS.

Other equities analysts have also issued research reports about the company. Truist Financial dropped their target price on Lowe's Companies from $295.00 to $258.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. Bank of America decreased their target price on shares of Lowe's Companies from $305.00 to $290.00 and set a "buy" rating for the company in a research note on Thursday, February 27th. Mizuho decreased their target price on shares of Lowe's Companies from $305.00 to $300.00 and set an "outperform" rating for the company in a research note on Thursday, February 27th. DA Davidson restated a "neutral" rating and issued a $270.00 price objective on shares of Lowe's Companies in a research report on Wednesday, April 16th. Finally, Telsey Advisory Group reaffirmed an "outperform" rating and set a $305.00 price objective on shares of Lowe's Companies in a report on Tuesday, April 15th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and sixteen have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $278.21.

Lowe's Companies Trading Down 0.6 %

NYSE:LOW traded down $1.44 during trading hours on Friday, hitting $221.83. The company's stock had a trading volume of 665,474 shares, compared to its average volume of 2,469,136. The stock has a market capitalization of $124.16 billion, a P/E ratio of 18.50, a price-to-earnings-growth ratio of 1.96 and a beta of 1.07. The stock has a fifty day moving average of $228.32 and a 200-day moving average of $250.06. Lowe's Companies has a 52-week low of $206.39 and a 52-week high of $287.01.

Lowe's Companies (NYSE:LOW - Get Free Report) last posted its earnings results on Wednesday, February 26th. The home improvement retailer reported $1.93 EPS for the quarter, beating the consensus estimate of $1.83 by $0.10. The firm had revenue of $18.55 billion for the quarter, compared to analyst estimates of $18.29 billion. Lowe's Companies had a negative return on equity of 47.55% and a net margin of 8.19%. On average, sell-side analysts forecast that Lowe's Companies will post 11.9 earnings per share for the current year.

Lowe's Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 7th. Shareholders of record on Wednesday, April 23rd will be issued a dividend of $1.15 per share. The ex-dividend date is Wednesday, April 23rd. This represents a $4.60 dividend on an annualized basis and a dividend yield of 2.07%. Lowe's Companies's dividend payout ratio (DPR) is 37.67%.

Institutional Trading of Lowe's Companies

A number of institutional investors and hedge funds have recently modified their holdings of LOW. IFS Advisors LLC acquired a new stake in shares of Lowe's Companies during the fourth quarter worth $25,000. Wood Tarver Financial Group LLC bought a new position in Lowe's Companies in the 4th quarter valued at about $25,000. Winch Advisory Services LLC boosted its position in shares of Lowe's Companies by 56.4% during the 4th quarter. Winch Advisory Services LLC now owns 122 shares of the home improvement retailer's stock valued at $30,000 after purchasing an additional 44 shares in the last quarter. Marshall Investment Management LLC bought a new position in shares of Lowe's Companies during the 4th quarter valued at about $31,000. Finally, Fairway Wealth LLC bought a new position in shares of Lowe's Companies during the 1st quarter valued at about $32,000. 74.06% of the stock is owned by institutional investors and hedge funds.

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.