Posted in lowe's home improvement

Lowe’s Companies, Inc. (NYSE:LOW) Shares Purchased by Flagship Harbor Advisors LLC

Flagship Harbor Advisors LLC boosted its stake in Lowe’s Companies, Inc. (NYSE:LOW) by 58.8% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 5,474 shares of the home improvement retailer’s stock after purchasing an additional 2,026 shares during the period. Flagship Harbor Advisors LLC’s holdings in Lowe’s Companies were worth $908,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of Lowe’s Companies during the second quarter worth $26,000. PrairieView Partners LLC acquired a new position in Lowe’s Companies during the 2nd quarter worth about $26,000. CVA Family Office LLC purchased a new position in Lowe’s Companies during the 1st quarter valued at about $29,000. Financial Management Professionals Inc. acquired

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Lowe’s Companies (NYSE:LOW) Now Covered by BNP Paribas

Research analysts at BNP Paribas started coverage on shares of Lowe’s Companies (NYSE:LOW) in a research note issued to investors on Monday, Briefing.com reports. The firm set a “neutral” rating and a $159.00 price target on the home improvement retailer’s stock. BNP Paribas’ price objective would suggest a potential downside of 3.63% from the company’s previous close.

A number of other research firms have also commented on LOW. Stifel Nicolaus raised their price objective on shares of Lowe’s Companies from $149.00 to $156.00 and gave the company a “buy” rating in a research report on Wednesday, June 17th. Guggenheim raised their target price on shares of Lowe’s Companies from $135.00 to $175.00 in a research note on Thursday, August 20th. Bank of America raised their target price on shares of Lowe’s Companies from $176.00 to $200.00 and gave the company a “buy” rating in a research note on Thursday, August

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Q3 2021 Earnings Estimate for Lowe’s Companies, Inc. Issued By Piper Sandler (NYSE:LOW)

Lowe’s Companies, Inc. (NYSE:LOW) – Analysts at Piper Sandler upped their Q3 2021 earnings estimates for Lowe’s Companies in a report released on Monday, October 5th. Piper Sandler analyst P. Keith now anticipates that the home improvement retailer will post earnings of $1.99 per share for the quarter, up from their previous forecast of $1.90. Piper Sandler also issued estimates for Lowe’s Companies’ FY2021 earnings at $8.68 EPS, Q3 2022 earnings at $2.16 EPS and FY2022 earnings at $8.89 EPS.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings data on Wednesday, August 19th. The home improvement retailer reported $3.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.95 by $0.80. The firm had revenue of $27.30 billion during the quarter, compared to the consensus estimate of $24.24 billion. Lowe’s Companies had a return on equity of 228.17% and a net margin of 7.12%. The business’s revenue

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Lowe’s Companies (NYSE:LOW) Receives New Coverage from Analysts at BNP Paribas

BNP Paribas initiated coverage on shares of Lowe’s Companies (NYSE:LOW) in a research report sent to investors on Monday, Briefing.com reports. The firm issued a neutral rating and a $159.00 price target on the home improvement retailer’s stock.

LOW has been the subject of a number of other reports. Nomura Instinet increased their price target on shares of Lowe’s Companies from $130.00 to $146.00 and gave the stock a buy rating in a research note on Tuesday, June 23rd. Piper Sandler raised their target price on shares of Lowe’s Companies from $170.00 to $185.00 in a research note on Thursday, August 20th. Jefferies Financial Group raised their target price on shares of Lowe’s Companies from $193.00 to $205.00 in a research note on Wednesday, August 26th. Goldman Sachs Group raised their target price on shares of Lowe’s Companies from $149.00 to $176.00 and gave the company a buy rating in

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Canada Pension Plan Investment Board Sells 264,204 Shares of Lowe’s Companies, Inc. (NYSE:LOW)

Canada Pension Plan Investment Board lowered its position in Lowe’s Companies, Inc. (NYSE:LOW) by 60.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 174,715 shares of the home improvement retailer’s stock after selling 264,204 shares during the period. Canada Pension Plan Investment Board’s holdings in Lowe’s Companies were worth $23,607,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in LOW. Public Employees Retirement Association of Colorado increased its position in Lowe’s Companies by 3.9% in the 1st quarter. Public Employees Retirement Association of Colorado now owns 144,989 shares of the home improvement retailer’s stock valued at $12,476,000 after acquiring an additional 5,436 shares in the last quarter. Teacher Retirement System of Texas raised its position in Lowe’s Companies by 14.4% in the

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