Lowe's Companies (NYSE:LOW) Sets New 52-Week Low - Here's Why

Key Points

• Lowe’s shares hit a new 52-week low of $198.88, falling below both their 50-day and 200-day moving averages. Recent analyst actions included multiple price-target cuts and a downgrade to “reduce,” although the consensus rating remains “Moderate Buy” with a $257.63 target.
• The company’s latest quarterly results were mixed: adjusted EPS of $4.40 exceeded estimates of $4.22, while revenue of $25.96 billion fell short of the $26.13 billion consensus but increased 8.3% year over year.
• Lowe’s declared a quarterly dividend of $1.25 per share, equivalent to $5.00 annually and a 2.5% yield, with a payout ratio of 42.27%.

Lowe's Companies, Inc. (NYSE:LOW - Get Free Report) reached a new 52-week low during trading on Wednesday . The company traded as low as $198.88 and last traded at $198.6320, with a volume of 298475 shares trading hands. The stock had previously closed at $200.80.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on LOW shares. BNP Paribas Exane reduced their price objective on Lowe's Companies from $228.00 to $202.00 and set an "underperform" rating for the company in a research note on Thursday, May 21st. BTIG Research lowered Lowe's Companies to a "reduce" rating in a research note on Tuesday, May 12th. Stifel Nicolaus lowered their target price on shares of Lowe's Companies from $270.00 to $220.00 and set a "hold" rating on the stock in a research note on Monday, May 18th. Benchmark initiated coverage on Lowe's Companies in a report on Tuesday, May 12th. They set a "hold" rating for the company. Finally, Oppenheimer reduced their target price on Lowe's Companies from $315.00 to $275.00 and set an "outperform" rating on the stock in a research note on Monday, May 18th. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $257.63.

Lowe's Companies Stock Down 1.5%

The business has a fifty day simple moving average of $212.75 and a 200-day simple moving average of $226.39. The firm has a market cap of $110.96 billion, a P/E ratio of 16.72, a P/E/G ratio of 2.72 and a beta of 0.85.

Lowe's Companies (NYSE:LOW - Get Free Report) last issued its quarterly earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 EPS for the quarter, topping analysts' consensus estimates of $4.22 by $0.18. Lowe's Companies had a negative return on equity of 75.67% and a net margin of 7.34%.The firm had revenue of $25.96 billion for the quarter, compared to analysts' expectations of $26.13 billion. During the same period in the previous year, the firm posted $4.33 EPS. The business'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. On average, sell-side analysts anticipate that Lowe's Companies, Inc. will post 12.26 EPS for the current fiscal year.

Lowe's Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 4th. Stockholders of record on Wednesday, October 21st will be paid a $1.25 dividend. The ex-dividend date is Wednesday, October 21st. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.5%. Lowe's Companies's payout ratio is currently 42.27%.

Insider Buying and Selling at Lowe's Companies

In other Lowe's Companies news, EVP Margrethe R. Vagell sold 2,500 shares of the firm's stock in a transaction dated 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 of the company's stock, valued at $4,525,842.60. This trade represents a 11.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Janice Dupré sold 14,150 shares of the business's stock in a transaction dated Tuesday, June 16th. The stock was 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 owned 39,785 shares in the company, valued at $8,828,291.50. This represents a 26.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 25,980 shares of company stock valued at $5,796,937. 0.29% of the stock is owned by company insiders.

Institutional Investors Weigh In On Lowe's Companies

Institutional investors and hedge funds have recently modified their holdings of the business. Natixis Advisors LLC raised its stake in Lowe's Companies by 3.5% in the 4th quarter. Natixis Advisors LLC now owns 630,956 shares of the home improvement retailer's stock valued at $152,161,000 after purchasing an additional 21,119 shares during the last quarter. Bridges Investment Management Inc. boosted its stake in Lowe's Companies by 6.1% during the fourth quarter. Bridges Investment Management Inc. now owns 446,441 shares of the home improvement retailer's stock worth $107,664,000 after buying an additional 25,609 shares during the period. Kathmere Capital Management LLC raised its position in Lowe's Companies by 133.9% in the first quarter. Kathmere Capital Management LLC now owns 9,402 shares of the home improvement retailer's stock valued at $2,222,000 after purchasing an additional 5,383 shares during the period. Glenview Trust Co lifted its stake in Lowe's Companies by 9.0% during the 4th quarter. Glenview Trust Co now owns 207,797 shares of the home improvement retailer's stock worth $50,112,000 after acquiring an additional 17,225 shares in the last quarter. Finally, LPL Financial LLC boosted its stake in shares of Lowe's Companies by 2.3% in the fourth quarter. LPL Financial LLC now owns 993,332 shares of the home improvement retailer's stock valued at $239,552,000 after purchasing an additional 22,175 shares during the period. 74.06% of the stock is owned by institutional investors.

Lowe's Companies Company Profile

Lowe's Companies, Inc is a home improvement retailer that serves homeowners, renters, and professional contractors primarily through stores and digital platforms in the United States. The company sells a broad selection of products for maintenance, repair, remodeling, and construction projects.

Its merchandise includes appliances, tools, hardware, lumber, building materials, plumbing and electrical supplies, paint, flooring, lighting, kitchen and bathroom products, outdoor living items, lawn and garden products, and seasonal goods.

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