Lowe's CompaniesLOW
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 primarily targets retail do-it-yourself (around 70% of sales) and do-it-for-me customers, but has expanded its commercial and professional business clients to 30% from less than 20% in the past six years. We estimate Lowe's captures a high-single-digit share of the domestic home improvement market, based on US Census data and management's market size estimates.
Employees: 270,000
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
160% more first-time investments, than exits
New positions opened: 304 | Existing positions closed: 117
5% more funds holding
Funds holding: 2,509 [Q3] → 2,638 (+129) [Q4]
1.13% more ownership
Funds ownership: 73.92% [Q3] → 75.05% (+1.13%) [Q4]
6% less capital invested
Capital invested by funds: $113B [Q3] → $106B (-$7.15B) [Q4]
12% less repeat investments, than reductions
Existing positions increased: 913 | Existing positions reduced: 1,039
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
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Keybanc Bradley Thomas 72% 1-year accuracy 18 / 25 met price target | 19%upside $266 | Overweight Upgraded | 25 Apr 2025 |
DA Davidson Michael Baker 36% 1-year accuracy 17 / 47 met price target | 21%upside $270 | Neutral Maintained | 16 Apr 2025 |
Telsey Advisory Group Joseph Feldman 32% 1-year accuracy 47 / 147 met price target | 36%upside $305 | Outperform Maintained | 15 Apr 2025 |
Truist Securities Scot Ciccarelli 47% 1-year accuracy 27 / 58 met price target | 15%upside $258 | Buy Maintained | 8 Apr 2025 |
Piper Sandler Peter Keith 36% 1-year accuracy 17 / 47 met price target | 20%upside $269 | Overweight Maintained | 24 Mar 2025 |
Financial journalist opinion
Based on 24 articles about LOW published over the past 30 days
