Lowe's Companies
LOW

$238.87

1.75%

Market Cap: 137B

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 6,702 funds

0

Analysts bullish %

of 34 analysts

0

News positive %

of 23 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

25.69% more ownership

Funds ownership: 47.36% [Q4 2023] → 73.05% (+25.69%) [Q1 2024]

13% more first-time investments, than exits

New positions opened: 200 | Existing positions closed: 177

12% more capital invested

Capital invested by funds: $94.4B [Q4 2023] → $106B (+$11.8B) [Q1 2024]

10% more funds holding in top 10

Funds holding in top 10: 79 [Q4 2023] → 87 (+8) [Q1 2024]

1% more funds holding

Funds holding: 2,387 [Q4 2023] → 2,410 (+23) [Q1 2024]

8% less call options, than puts

Call options by funds: $1.41B | Put options by funds: $1.54B

19% less repeat investments, than reductions

Existing positions increased: 834 | Existing positions reduced: 1,036

See Fund Rankings

Research analyst outlook

34 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$215

10%

downside

Avg. target

$250

5%

upside

High target

$280

17%

upside

34 analyst ratings

14 positive

41%

20 neutral

59%

0 negative

0%

Evercore ISI Group Greg Melich	6%downside $225	In-Line Maintained	2 Jul 2024
Wedbush Seth Basham	5%upside $250	Neutral Reiterated	22 May 2024
DA Davidson Michael Baker	0%upside $240	Neutral Maintained	22 May 2024
RBC Capital Steven Shemesh	3%upside $246	Sector Perform Reiterated	22 May 2024
Evercore ISI Group Greg Melich	5%upside $250	In-Line Maintained	22 May 2024

See Analyst Rankings

Financial journalist opinion

Based on 23 articles about LOW published over the past 30 days

Zacks Investment Research

Lowe's (LOW) Rises As Market Takes a Dip: Key Facts

In the latest trading session, Lowe's (LOW) closed at $234.77, marking a +1.34% move from the previous day.

Lowe's (LOW) Rises As Market Takes a Dip: Key Facts

Lowe's Welcomes Its First Female Athlete Anna Cockrell to the Lowe's Home Team and Partners with USA Track & Field

To Celebrate its Partnership with USA Track & Field, Lowe's Will Give Away American Flags to Loyalty Members MOORESVILLE, N.C. , July 24, 2024 /PRNewswire/ -- Lowe's is partnering with Charlotte-based star Anna Cockrell as she becomes the newest member of Lowe's Home Team.

Lowe's Welcomes Its First Female Athlete Anna Cockrell to the Lowe's Home Team and Partners with USA Track & Field

Stock plays to consider amid consumer weakness: Portfolio manager

Shares of Coca-Cola (KO) are climbing higher after the company topped earnings estimates despite consumer weakness. With other consumer brands yet to report their earnings, Gradient Investments portfolio manager Keith Gangl joins Market Domination to discuss the state of consumer spending and some of his top stock picks amid the current economic backdrop.

Stock plays to consider amid consumer weakness: Portfolio manager

Zacks Investment Research

Lowe's Companies, Inc. (LOW) is Attracting Investor Attention: Here is What You Should Know

Lowe's (LOW) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Lowe's Companies, Inc. (LOW) is Attracting Investor Attention: Here is What You Should Know

Lowe's Foundation Skilled Trades Workforce Investment Eclipses $25 Million Through New Cohort of Community and Technical College Gable Grants Recipients

From Arizona to Maine, 11 schools receive support to scale training and remove education barriers for sought-after trades careers MOORESVILLE, N.C. , July 23, 2024 /PRNewswire/ -- The Lowe's Foundation today announced nearly $8 million in Gable Grants to a second cohort of community and technical colleges.

Lowe's Foundation Skilled Trades Workforce Investment Eclipses $25 Million Through New Cohort of Community and Technical College Gable Grants Recipients

Get Your Money Out of These 3 Retail Stocks by October

It's plain to see that there's plenty of optimism for Q4 2024 among retail investors and their institutional counterparts alike. The prospect of US Federal Reserve interest rate cuts has spurred more optimism throughout Wall Street, with recent forecasts suggesting that rates may fall as low as 4.75% by the end of 2024.

Get Your Money Out of These 3 Retail Stocks by October

The Motley Fool

10 Best Dividend Growth Stocks to Buy and Hold Forever

These blue-chip companies have demonstrated strong dividend growth rates ranging from 7.69% to 15.8% annually over the past five years. The list includes diverse sectors such as retail, healthcare, technology, and finance, offering potential for portfolio diversification.

10 Best Dividend Growth Stocks to Buy and Hold Forever

Top 3 Stocks to Strengthen Your Portfolio Post-Election

As the stock market navigates post-election economic shifts, those are eyeing stocks that promise growth and demonstrate resilience against market fluctuations. Understanding the fundamentals behind these choices can significantly enhance portfolio strength and stability.

Top 3 Stocks to Strengthen Your Portfolio Post-Election

Zacks Investment Research

Lowe's (LOW) Registers a Bigger Fall Than the Market: Important Facts to Note

Lowe's (LOW) closed the most recent trading day at $239.37, moving -1.51% from the previous trading session.

Lowe's (LOW) Registers a Bigger Fall Than the Market: Important Facts to Note

6 Upcoming Dividend Increases Including A King

Six new dividend increases, including Lowe's with a 4.5% increase, extending its 62-year streak. My investment strategy involves buying companies with consistent dividend growth and beating benchmarks. Data sourced from U.S. Dividend Champions and NASDAQ, companies must have at least 5 years of dividend growth history.

6 Upcoming Dividend Increases Including A King

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