Lowe's Companies (LOW)

• Market cap: $131B
• 1 day: -1.62%
• 5 days: 0.02%
• 1 month: -8.13%
• 3 months: -7.42%
• 6 months: -15.67%
• Year to date: -7.51%
• 1 year: -10.33%
• 5 years: 157.49%
• 10 years: 205.37%
• Sector: Materials
• Industry: Lumber & Other Building Materials Dealers

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

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

151% more first-time investments, than exits

New positions opened: 299 | Existing positions closed: 119

5% more funds holding

Funds holding: 2,508 [Q3] → 2,625 (+117) [Q4]

3.53% less ownership

Funds ownership: 78.56% [Q3] → 75.03% (-3.53%) [Q4]

12% less capital invested

Capital invested by funds: $120B [Q3] → $106B (-$14.3B) [Q4]

12% less repeat investments, than reductions

Existing positions increased: 911 | Existing positions reduced: 1,034

13% less call options, than puts

Call options by funds: $1.44B | Put options by funds: $1.66B

28% less funds holding in top 10

Funds holding in top 10: 88 [Q3] → 63 (-25) [Q4]

Research analyst outlook

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

• Low target: $269 18% upside
• Avg. target: $291 27% upside
• High target: $305 34% upside

6 analyst ratings

• positive: 5 83%
• neutral: 1 17%
• negative: 0 0%

Piper Sandler Peter Keith 38% 1-year accuracy 18 / 48 met price target	18% upside $269	Overweight Maintained	24 Mar 2025
RBC Capital Steven Shemesh 53% 1-year accuracy 24 / 45 met price target	25% upside $285	Sector Perform Maintained	27 Feb 2025
Truist Securities Scot Ciccarelli 43% 1-year accuracy 28 / 65 met price target	29% upside $295	Buy Maintained	27 Feb 2025
B of A Securities Elizabeth Suzuki 33% 1-year accuracy 5 / 15 met price target	27% upside $290	Buy Maintained	27 Feb 2025
Mizuho David Bellinger 43% 1-year accuracy 12 / 28 met price target	31% upside $300	Outperform Maintained	27 Feb 2025