Wedbush Equities Analysts Raise Earnings Estimates for LOW

Lowe’s Companies, Inc. (NYSE:LOW) – Research analysts at Wedbush raised their Q2 2026 earnings per share (EPS) estimates for shares of Lowe’s Companies in a research report issued on Wednesday, February 26th. Wedbush analyst S. Basham now forecasts that the home improvement retailer will post earnings of $4.34 per share for the quarter, up from their previous forecast of $4.28. Wedbush currently has a “Neutral” rating and a $250.00 target price on the stock. The consensus estimate for Lowe’s Companies’ current full-year earnings is $11.90 per share. Wedbush also issued estimates for Lowe’s Companies’ FY2028 earnings at $14.69 EPS.

LOW has been the topic of a number of other reports. Sanford C. Bernstein boosted their price target on Lowe’s Companies from $301.00 to $304.00 and gave the company an “outperform” rating in a report on Thursday, December 12th. Stifel Nicolaus boosted their target price on Lowe’s Companies from $265.00 to $270.00 and gave the company a “hold” rating in a research note on Wednesday, December 11th. Wells Fargo & Company upped their price target on Lowe’s Companies from $280.00 to $295.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 6th. Royal Bank of Canada lowered their price objective on shares of Lowe’s Companies from $292.00 to $285.00 and set a “sector perform” rating on the stock in a report on Thursday. Finally, DA Davidson increased their target price on shares of Lowe’s Companies from $240.00 to $270.00 and gave the stock a “neutral” rating in a report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and fifteen have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $280.83.

Lowe’s Companies Trading Up 1.3 %

Shares of NYSE LOW opened at $248.71 on Friday. The company has a fifty day moving average price of $252.52 and a 200 day moving average price of $259.05. The firm has a market cap of $140.43 billion, a PE ratio of 20.74, a PEG ratio of 1.96 and a beta of 1.11. Lowe’s Companies has a 1-year low of $211.80 and a 1-year high of $287.01.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings results on Wednesday, February 26th. The home improvement retailer reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.10. Lowe’s Companies had a net margin of 8.19% and a negative return on equity of 47.55%. The company had revenue of $18.55 billion during the quarter, compared to analysts’ expectations of $18.29 billion.

Institutional Trading of Lowe’s Companies

Institutional investors and hedge funds have recently bought and sold shares of the business. Klingenstein Fields & Co. LP increased its holdings in shares of Lowe’s Companies by 1.0% during the 4th quarter. Klingenstein Fields & Co. LP now owns 4,101 shares of the home improvement retailer’s stock worth $1,012,000 after acquiring an additional 39 shares during the last quarter. Mitchell Mcleod Pugh & Williams Inc. boosted its position in Lowe’s Companies by 0.5% during the third quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 7,460 shares of the home improvement retailer’s stock worth $2,021,000 after purchasing an additional 40 shares during the period. Saxony Capital Management LLC increased its holdings in shares of Lowe’s Companies by 4.2% in the fourth quarter. Saxony Capital Management LLC now owns 994 shares of the home improvement retailer’s stock valued at $245,000 after purchasing an additional 40 shares during the last quarter. Powers Advisory Group LLC raised its position in shares of Lowe’s Companies by 2.7% in the fourth quarter. Powers Advisory Group LLC now owns 1,541 shares of the home improvement retailer’s stock valued at $380,000 after purchasing an additional 40 shares during the period. Finally, Gen Wealth Partners Inc lifted its stake in shares of Lowe’s Companies by 1.9% during the 4th quarter. Gen Wealth Partners Inc now owns 2,163 shares of the home improvement retailer’s stock worth $534,000 after buying an additional 40 shares during the last quarter. Institutional investors own 74.06% of the company’s stock.

About Lowe’s Companies

Lowe’s Companies, Inc, together with its subsidiaries, operates as a home improvement retailer in the United States. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It also provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, and electrical.