78,253 Shares in Lowe’s Companies, Inc. $LOW Acquired by Milford Funds Ltd.

Milford Funds Ltd. acquired a new position in Lowe’s Companies, Inc. (NYSE:LOW – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 78,253 shares of the home improvement retailer’s stock, valued at approximately $18,871,000.

Other large investors have also added to or reduced their stakes in the company. Swiss RE Ltd. purchased a new position in Lowe’s Companies during the fourth quarter valued at approximately $25,000. United Financial Planning Group LLC purchased a new position in Lowe’s Companies during the third quarter valued at approximately $31,000. OLD Second National Bank of Aurora lifted its holdings in Lowe’s Companies by 52.5% during the fourth quarter. OLD Second National Bank of Aurora now owns 122 shares of the home improvement retailer’s stock valued at $29,000 after purchasing an additional 42 shares in the last quarter. Triumph Capital Management purchased a new position in Lowe’s Companies during the third quarter valued at approximately $34,000. Finally, Financial Life Planners purchased a new position in Lowe’s Companies during the third quarter valued at approximately $36,000. Hedge funds and other institutional investors own 74.06% of the company’s stock.

Analyst Ratings Changes

Several brokerages have weighed in on LOW. Royal Bank Of Canada lowered their price target on shares of Lowe’s Companies from $264.00 to $232.00 and set a “sector perform” rating on the stock in a report on Thursday, May 21st. Truist Financial lowered their price target on shares of Lowe’s Companies from $280.00 to $255.00 and set a “buy” rating on the stock in a report on Thursday, May 21st. Argus lifted their price target on shares of Lowe’s Companies from $286.00 to $288.00 and gave the company a “buy” rating in a report on Monday, March 2nd. The Goldman Sachs Group lowered their price target on shares of Lowe’s Companies from $300.00 to $293.00 and set a “buy” rating on the stock in a report on Thursday, May 21st. Finally, Oppenheimer lowered their price target on shares of Lowe’s Companies from $315.00 to $275.00 and set an “outperform” rating on the stock in a report on Monday, May 18th. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $264.57.

View Our Latest Report on LOW

Lowe’s Companies Price Performance

Lowe’s Companies stock opened at $220.57 on Friday. The stock has a market cap of $123.67 billion, a P/E ratio of 18.64, a PEG ratio of 2.79 and a beta of 0.86. Lowe’s Companies, Inc. has a 1 year low of $203.40 and a 1 year high of $293.06. The firm’s 50 day moving average price is $228.38 and its 200-day moving average price is $246.14.

Lowe’s Companies (NYSE:LOW – Get Free Report) last released its quarterly earnings data on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.97 by $0.06. The firm had revenue of $23.08 billion for the quarter, compared to analysts’ expectations of $22.98 billion. Lowe’s Companies had a net margin of 7.51% and a negative return on equity of 67.96%. The company’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same quarter last year, the business posted $2.92 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. As a group, equities analysts expect that Lowe’s Companies, Inc. will post 12.48 EPS for the current year.

Lowe’s Companies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 5th. Investors of record on Wednesday, July 22nd will be given a $1.25 dividend. This is a boost from Lowe’s Companies’s previous quarterly dividend of $1.20. This represents a $5.00 annualized dividend and a yield of 2.3%. The ex-dividend date is Wednesday, July 22nd. Lowe’s Companies’s dividend payout ratio (DPR) is presently 40.57%.

About Lowe’s Companies

(Free Report)

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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