Q2 EPS Estimates for Lowe’s Companies Increased by Wedbush

Lowe’s Companies, Inc. (NYSE:LOW) – Investment analysts at Wedbush lifted their Q2 2026 earnings 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 per share of $4.34 for the quarter, up from their previous forecast of $4.28. Wedbush has a “Neutral” rating and a $250.00 price target 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.

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

Other equities analysts have also issued research reports about the stock. Truist Financial dropped their target price on shares of Lowe’s Companies from $308.00 to $295.00 and set a “buy” rating on the stock in a research report on Thursday. Guggenheim restated a “buy” rating and set a $300.00 price objective on shares of Lowe’s Companies in a report on Thursday, December 12th. Piper Sandler reduced their target price on shares of Lowe’s Companies from $307.00 to $296.00 and set an “overweight” rating for the company in a research note on Thursday. Barclays lifted their target price on Lowe’s Companies from $229.00 to $245.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 20th. Finally, DA Davidson upped their price target on Lowe’s Companies from $240.00 to $270.00 and gave the company a “neutral” rating in a report on Wednesday, November 20th. Ten equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $280.83.

Lowe’s Companies Stock Up 1.3 %

Shares of LOW stock opened at $248.71 on Friday. Lowe’s Companies has a 12 month low of $211.80 and a 12 month high of $287.01. The firm has a market cap of $140.43 billion, a PE ratio of 20.74, a price-to-earnings-growth ratio of 1.96 and a beta of 1.11. The stock has a 50 day moving average of $252.52 and a 200-day moving average of $258.89.

Institutional Investors Weigh In On Lowe’s Companies

A number of hedge funds and other institutional investors have recently bought and sold shares of LOW. StoneX Group Inc. bought a new stake in shares of Lowe’s Companies during the third quarter worth $2,713,000. Principal Financial Group Inc. grew its holdings in Lowe’s Companies by 4.0% during the 3rd quarter. Principal Financial Group Inc. now owns 649,601 shares of the home improvement retailer’s stock worth $175,944,000 after acquiring an additional 24,812 shares during the last quarter. Miracle Mile Advisors LLC raised its stake in shares of Lowe’s Companies by 288.6% in the fourth quarter. Miracle Mile Advisors LLC now owns 19,028 shares of the home improvement retailer’s stock worth $4,696,000 after acquiring an additional 14,132 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Lowe’s Companies by 1.2% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 362,209 shares of the home improvement retailer’s stock worth $98,104,000 after purchasing an additional 4,435 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV grew its stake in shares of Lowe’s Companies by 2.6% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 19,830 shares of the home improvement retailer’s stock valued at $4,894,000 after purchasing an additional 501 shares during the last quarter. 74.06% of the stock is owned by institutional investors and hedge funds.

Lowe’s Companies Company Profile

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.