Lowe's Companies
LOW

$243.81

0.12%

Market Cap: $140B

About: Lowe's is the second-largest home improvement retailer in the world, operating more than 1,700 stores in the United States, after the 2023 divestiture of its Canadian locations (RONA, Lowe's Canada, Réno-Dépôt, and Dick's Lumber). The firm's stores offer products and services for home decorating, maintenance, repair, and remodeling, with maintenance and repair accounting for two thirds of products sold. Lowe's targets retail do-it-yourself (around 75% of sales) and do-it-for-me customers as well as commercial and professional business clients (around 25% of sales). We estimate Lowe's captures a high-single-digit share of the domestic home improvement market, based on U.S. Census data and management's market size estimates.

Employees: 284,000

Materials Lumber & Other Building Materials Dealers

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 16 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

15% more call options, than puts

Call options by funds: $1.21B | Put options by funds: $1.05B

3% more repeat investments, than reductions

Existing positions increased: 930 | Existing positions reduced: 905

0.57% less ownership

Funds ownership: 74.96% [Q1] → 74.39% (-0.57%) [Q2]

3% less funds holding

Funds holding: 2,439 [Q1] → 2,373 (-66) [Q2]

14% less capital invested

Capital invested by funds: $109B [Q1] → $93.8B (-$15.2B) [Q2]

31% less first-time investments, than exits

New positions opened: 149 | Existing positions closed: 215

41% less funds holding in top 10

Funds holding in top 10: 87 [Q1] → 51 (-36) [Q2]

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Research analyst outlook

16 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$225

8%

downside

Avg. target

$254

4%

upside

High target

$290

19%

upside

16 analyst ratings

8 positive

50%

8 neutral

50%

0 negative

0%

Gordon Haskett Chuck Grom 60% 1-year accuracy 6 / 10 met price target	2%downside $240	Hold Maintained	21 Aug 2024
Wells Fargo Zachary Fadem 77% 1-year accuracy 17 / 22 met price target	15%upside $280	Overweight Maintained	21 Aug 2024
Morgan Stanley Simeon Gutman 61% 1-year accuracy 23 / 38 met price target	5%upside $255	Overweight Maintained	21 Aug 2024
B of A Securities Elizabeth Suzuki 67% 1-year accuracy 8 / 12 met price target	13%upside $275	Buy Maintained	21 Aug 2024
Piper Sandler Peter Keith 57% 1-year accuracy 26 / 46 met price target	7%upside $262	Overweight Maintained	21 Aug 2024

See Analyst Rankings

Financial journalist opinion

Based on 59 articles about LOW published over the past 30 days

Zacks Investment Research

5 Stocks That Recently Announced Dividend Hikes

Investors may keep a tab on stocks like PECO, RICK, ITUB, LOW and LRCX, which have lately hiked their dividend payments.

5 Stocks That Recently Announced Dividend Hikes

Lowe's Companies, Inc. (LOW) Goldman Sachs 31st Annual Global Retailing Conference (Transcript)

Lowe's Companies, Inc. (NYSE:LOW ) Goldman Sachs 31st Annual Global Retailing Conference September 5, 2024 9:35 AM ET Company Participants Marvin Ellison - Chief Executive Officer Conference Call Participants Katharine McShane - Managing Director, Goldman Sachs Katharine McShane Good morning, everyone. It's my pleasure to introduce Marvin Ellison, Chairman, President and Chief Executive Officer of Lowe's.

Lowe's Companies, Inc. (LOW) Goldman Sachs 31st Annual Global Retailing Conference (Transcript)

Zacks Investment Research

5 Retail Building Products Stocks Ready to Gain From Industry Upswing

Tech initiatives and e-commerce growth boost the Building Products - Retail industry, but inflation, soft demand and lumber price deflation pose challenges. HD, LOW, FAST, BECN and TGLS look well-poised for growth.

5 Retail Building Products Stocks Ready to Gain From Industry Upswing

Zep® Launches Next-Gen Degreasers and High-Performance Cleaning Products at Lowe's

ATLANTA--(BUSINESS WIRE)-- #Flairosol--Zep®, the go-to cleaning brand for professionals, continues to expand its reach into homes with the launch of three new products at Lowe's Home Improvement stores nationwide. The latest products are the Heavy-Duty Citrus Degreaser & Cleaner Mist, the Industrial Purple Degreaser & Cleaner Mist and the Outdoor Foaming Cleaner & Brightener. Additionally, Zep Plus Glass & Mirror Cleaner is now also offered at Lowe's. Zep's new Heavy-Duty Citrus and Industri.

Zep® Launches Next-Gen Degreasers and High-Performance Cleaning Products at Lowe's

4 Factor Dividend Growth Strategy: A Speed Bump On The Home Stretch

The 4-factor dividend growth portfolio is a strategy that leverages the stock selection process of Schwab U.S. Dividend Equity ETF with a few minor twists. The portfolio fell by 0.27% in August, underperforming the S&P 500 by 2.69%. Since its inception, the portfolio has generated a CAGR of 24.79%, and is outperforming SCHD by 13.10%.

4 Factor Dividend Growth Strategy: A Speed Bump On The Home Stretch

Lowe's Returns as Official Home Improvement Partner of NFL for 2024-25 Season

Retailer's new marketing campaign, featuring NFL star power like Travis Kelce, speaks to all the ways the brand is helping millennial homeowners tackle home improvement needs MOORESVILLE, N.C. , Sept. 3, 2024 /PRNewswire/ -- Today Lowe's announced the sixth-consecutive renewal of its contract with the NFL for the 2024-25 season and the continuation of its longstanding partnership with the Carolina Panthers and Dallas Cowboys.

Lowe's Returns as Official Home Improvement Partner of NFL for 2024-25 Season

The Motley Fool

3 Must-Know Facts About Lowe's Before You Buy the Stock

Lowe's is trying to gain share in the important commercial home improvement market. Same-store sales are projected to continue their decline.

3 Must-Know Facts About Lowe's Before You Buy the Stock

LOWE'S COMPANIES, INC. DECLARES CASH DIVIDEND

MOORESVILLE, N.C. , Aug. 30, 2024 /PRNewswire/ -- The board of directors of Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of one dollar and 15 cents ($1.15) per share, payable Nov. 6, 2024, to shareholders of record as of Oct. 23, 2024.

LOWE'S COMPANIES, INC. DECLARES CASH DIVIDEND

Zacks Investment Research

Here is What to Know Beyond Why Lowe's Companies, Inc. (LOW) is a Trending Stock

Lowe's (LOW) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Here is What to Know Beyond Why Lowe's Companies, Inc. (LOW) is a Trending Stock

LOWE'S TO PARTICIPATE IN GOLDMAN SACHS 31ST ANNUAL GLOBAL RETAILING CONFERENCE

MOORESVILLE, N.C. , Aug. 29, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announces that Marvin R.

LOWE'S TO PARTICIPATE IN GOLDMAN SACHS 31ST ANNUAL GLOBAL RETAILING CONFERENCE

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