Invariant Investment Management Takes Position in Lowe’s Companies, Inc. $LOW

Invariant Investment Management acquired a new stake in shares of Lowe’s Companies, Inc. (NYSE:LOW – Free Report) during the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 3,484 shares of the home improvement retailer’s stock, valued at approximately $931,000. Lowe’s Companies accounts for about 0.6% of Invariant Investment Management’s portfolio, making the stock its 22nd largest holding.

Several other institutional investors have also recently modified their holdings of LOW. Abundance Wealth Counselors grew its position in Lowe’s Companies by 2.3% during the 4th quarter. Abundance Wealth Counselors now owns 7,119 shares of the home improvement retailer’s stock worth $1,717,000 after acquiring an additional 158 shares during the last quarter. Invested Advisors bought a new position in Lowe’s Companies during the 4th quarter worth approximately $202,000. BCS Wealth Management grew its position in Lowe’s Companies by 103.5% during the 4th quarter. BCS Wealth Management now owns 3,446 shares of the home improvement retailer’s stock worth $831,000 after acquiring an additional 1,753 shares during the last quarter. MOKAN Wealth Management Inc. grew its position in Lowe’s Companies by 12.6% during the 4th quarter. MOKAN Wealth Management Inc. now owns 1,238 shares of the home improvement retailer’s stock worth $298,000 after acquiring an additional 139 shares during the last quarter. Finally, Monument Capital Management grew its position in Lowe’s Companies by 4.5% during the 4th quarter. Monument Capital Management now owns 1,587 shares of the home improvement retailer’s stock worth $383,000 after acquiring an additional 69 shares during the last quarter. 74.06% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently issued reports on LOW shares. Piper Sandler restated an “overweight” rating and set a $300.00 price target (up from $294.00) on shares of Lowe’s Companies in a research report on Thursday, February 26th. Sanford C. Bernstein reduced their price target on Lowe’s Companies from $313.00 to $303.00 and set an “outperform” rating on the stock in a research report on Thursday, February 26th. Telsey Advisory Group raised their price target on Lowe’s Companies from $285.00 to $295.00 and gave the stock an “outperform” rating in a research report on Thursday, February 26th. Robert W. Baird raised their price target on Lowe’s Companies from $290.00 to $320.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 17th. Finally, The Goldman Sachs Group raised their price target on Lowe’s Companies from $283.00 to $300.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. Twenty-two research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $289.24.

View Our Latest Analysis on LOW

Lowe’s Companies Stock Performance

Shares of LOW stock opened at $248.41 on Wednesday. The firm has a market cap of $139.12 billion, a P/E ratio of 20.96, a P/E/G ratio of 5.37 and a beta of 0.97. Lowe’s Companies, Inc. has a fifty-two week low of $210.33 and a fifty-two week high of $293.06. The business’s 50 day moving average price is $254.26 and its 200-day moving average price is $249.79.

Lowe’s Companies (NYSE:LOW – Get Free Report) last issued its quarterly earnings data on Wednesday, February 25th. The home improvement retailer reported $1.98 earnings per share for the quarter, topping analysts’ consensus estimates of $1.94 by $0.04. The firm had revenue of $20.59 billion for the quarter, compared to analyst estimates of $20.34 billion. Lowe’s Companies had a negative return on equity of 61.40% and a net margin of 7.71%.The business’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same period last year, the company earned $1.93 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. As a group, equities analysts predict that Lowe’s Companies, Inc. will post 11.9 EPS for the current year.

Lowe’s Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 6th. Stockholders of record on Wednesday, April 22nd will be given a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Wednesday, April 22nd. Lowe’s Companies’s dividend payout ratio (DPR) is currently 40.51%.

Lowe’s Companies Company Profile

(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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