Lowe’s Companies, Inc. $LOW Stock Acquired by Cardinal Capital Management

by · The Markets Daily

Cardinal Capital Management raised its stake in Lowe’s Companies, Inc. (NYSE:LOW – Free Report) by 5.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 50,853 shares of the home improvement retailer’s stock after buying an additional 2,625 shares during the period. Lowe’s Companies comprises about 1.1% of Cardinal Capital Management’s investment portfolio, making the stock its 27th biggest position. Cardinal Capital Management’s holdings in Lowe’s Companies were worth $9,372,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the stock. Nykredit A S purchased a new position in shares of Lowe’s Companies in the 2nd quarter worth about $42,217,000. Kathmere Capital Management LLC increased its position in shares of Lowe’s Companies by 133.9% during the 1st 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 last quarter. First Citizens Bank & Trust Co. raised its holdings in shares of Lowe’s Companies by 31.8% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 24,068 shares of the home improvement retailer’s stock valued at $4,435,000 after buying an additional 5,804 shares in the last quarter. Econ Financial Services Corp raised its holdings in shares of Lowe’s Companies by 26.2% during the 1st quarter. Econ Financial Services Corp now owns 19,974 shares of the home improvement retailer’s stock valued at $4,719,000 after buying an additional 4,147 shares in the last quarter. Finally, Glenview Trust Co lifted its position in Lowe’s Companies by 4.9% in the 2nd quarter. Glenview Trust Co now owns 230,389 shares of the home improvement retailer’s stock worth $50,798,000 after buying an additional 10,735 shares during the last quarter. Institutional investors own 74.06% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on LOW shares. KeyCorp reaffirmed an “overweight” rating and set a $275.00 target price on shares of Lowe’s Companies in a report on Thursday, August 20th. Sanford C. Bernstein cut their price target on shares of Lowe’s Companies from $261.00 to $254.00 and set an “outperform” rating for the company in a research report on Wednesday, September 9th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $231.00 price objective on shares of Lowe’s Companies in a research note on Thursday, August 20th. UBS Group decreased their price objective on Lowe’s Companies from $285.00 to $275.00 and set a “buy” rating on the stock in a report on Thursday, August 20th. Finally, Evercore set a $190.00 price objective on Lowe’s Companies in a report on Tuesday, October 6th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Lowe’s Companies currently has a consensus rating of “Moderate Buy” and a consensus price target of $254.29.

Get Our Latest Report on Lowe’s Companies

Lowe’s Companies Stock Down 1.0%

LOW stock opened at $196.53 on Thursday. The business has a 50 day moving average of $198.17 and a 200 day moving average of $213.91. The firm has a market cap of $110.26 billion, a PE ratio of 16.61, a price-to-earnings-growth ratio of 1.66 and a beta of 0.89. Lowe’s Companies, Inc. has a twelve month low of $178.45 and a twelve month high of $293.06.

Lowe’s Companies (NYSE:LOW – Get Free Report) last released its earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 EPS for the quarter, topping the consensus estimate 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 business had revenue of $25.96 billion for the quarter, compared to the consensus estimate of $26.13 billion. During the same period in the previous year, the company posted $4.33 earnings per share. The company’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, research analysts expect that Lowe’s Companies, Inc. will post 12.26 earnings per share for the current fiscal year.

Lowe’s Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 4th. Investors 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 yield of 2.5%. Lowe’s Companies’s payout ratio is presently 42.27%.

More Lowe’s Companies News

Here are the key news stories impacting Lowe’s Companies this week:

  • Positive Sentiment: Evercore raised its price target to $200, suggesting improved confidence in Lowe’s valuation or operating outlook. The new target is modestly above the recent trading range. Evercore raises Lowe’s price target
  • Positive Sentiment: Lowe’s remains relatively inexpensive compared with Home Depot, trading at roughly 16.9 times earnings versus Home Depot at approximately 22.1 times. The valuation discount could attract investors if Lowe’s execution improves. Lowe’s valuation comparison
  • Positive Sentiment: Analysts and investors continue to focus on Lowe’s Pro business expansion, while some commentary argues that the shares are undervalued. The company’s retail real-estate footprint and Pro-oriented strategy are viewed as potential long-term supports. Lowe’s Pro expansion and valuation
  • Positive Sentiment: Lowe’s marketplace and fulfillment relationships remain a modest positive, with partner Spreetail receiving recognition for supporting big-and-bulky product sales across Lowe’s and other major platforms. The development may support Lowe’s e-commerce capabilities, though it is not a major earnings catalyst by itself. Spreetail marketplace fulfillment recognition
  • Neutral Sentiment: Lowe’s dividend remains part of the investment case, with the latest dividend analysis likely appealing to income-oriented shareholders, but dividend coverage and future growth depend on earnings and cash flow. Lowe’s dividend analysis
  • Negative Sentiment: The main pressure remains cautious consumers and homeowners. Lowe’s reduced its fiscal 2026 comparable-sales outlook from 1% growth to roughly flat, while management cited weaker demand for do-it-yourself projects. This raises concerns about sales momentum and the possibility of further estimate cuts. Lowe’s store-sales outlook
  • Negative Sentiment: The latest earnings report was mixed: Lowe’s exceeded EPS expectations, but revenue fell short of consensus and full-year guidance points to approximately $12.25 EPS. The combination of an earnings beat and softer top-line outlook limits the bullish impact.

Lowe’s Companies Profile

(Free Report)

Lowe’s Companies, Inc is a home improvement retailer serving do-it-yourself customers, professional contractors and commercial customers across the United States. The company sells products for home construction, maintenance, repair, remodeling and improvement through its stores and digital platforms.

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

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