Name: TruWealth Advisors LLC Has $323,000 Stake in Lowe’s Companies, Inc. (NYSE:LOW)
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TruWealth Advisors LLC Has $323,000 Stake in Lowe’s Companies, Inc. (NYSE:LOW)

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Skip to main contentPosted by onTruWealth Advisors LLC trimmed its position in Lowe’s Companies, Inc. (NYSE:LOW – Free Report) by 16.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,432 shares of the home improvement retailer’s stock after selling 283 shares during the quarter. TruWealth Advisors LLC’s holdings in Lowe’s Companies were worth $323,000 at the end of the most recent reporting period.A number of other large investors have also modified their holdings of LOW. Field &amp; Main Bank raised its stake in Lowe’s Companies by 107.3% during the second quarter. Field &amp; Main Bank now owns 114 shares of the home improvement retailer’s stock worth $26,000 after acquiring an additional 59 shares in the last quarter. Ritter Daniher Financial Advisory LLC DE raised its stake in Lowe’s Companies by 357.1% during the first quarter. Ritter Daniher Financial Advisory LLC DE now owns 128 shares of the home improvement retailer’s stock worth $26,000 after acquiring an additional 100 shares in the last quarter. Sanctuary Wealth Management L.L.C. acquired a new position in Lowe’s Companies during the second quarter worth $40,000. True Wealth Design LLC acquired a new position in Lowe’s Companies during the fourth quarter worth $42,000. Finally, AXS Investments LLC raised its stake in Lowe’s Companies by 24.5% during the first quarter. AXS Investments LLC now owns 285 shares of the home improvement retailer’s stock worth $57,000 after acquiring an additional 56 shares in the last quarter. 71.88% of the stock is currently owned by institutional investors and hedge funds.Lowe’s Companies stock opened at $187.72 on Tuesday. The company’s 50 day simple moving average is $210.95 and its 200 day simple moving average is $214.32. Lowe’s Companies, Inc. has a fifty-two week low of $178.30 and a fifty-two week high of $237.21. The firm has a market capitalization of $108.34 billion, a price-to-earnings ratio of 18.48, a PEG ratio of 1.20 and a beta of 1.11.Lowe’s Companies (NYSE:LOW – Get Free Report) last released its quarterly earnings data on Tuesday, August 22nd. The home improvement retailer reported $4.56 earnings per share for the quarter, topping the consensus estimate of $4.49 by $0.07. Lowe’s Companies had a net margin of 6.48% and a negative return on equity of 58.56%. The business had revenue of $24.96 billion for the quarter, compared to analyst estimates of $24.97 billion. During the same quarter last year, the firm earned $4.67 EPS. Lowe’s Companies’s quarterly revenue was down 9.2% compared to the same quarter last year. As a group, analysts predict that Lowe’s Companies, Inc. will post 13.41 EPS for the current fiscal year.The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 8th. Investors of record on Wednesday, October 25th will be paid a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 2.34%. The ex-dividend date is Tuesday, October 24th. Lowe’s Companies’s payout ratio is 43.31%.In other Lowe’s Companies news, EVP Janice Dupre sold 5,380 shares of the firm’s stock in a transaction that occurred on Thursday, August 31st. The shares were sold at an average price of $231.28, for a total transaction of $1,244,286.40. Following the sale, the executive vice president now directly owns 24,216 shares in the company, valued at approximately $5,600,676.48. The sale was disclosed in a filing with the Securities &amp; Exchange Commission, which is accessible through this link. In other Lowe’s Companies news, EVP Joseph Michael Mcfarland sold 4,500 shares of the firm’s stock in a transaction that occurred on Monday, August 28th. The shares were sold at an average price of $222.53, for a total transaction of $1,001,385.00. Following the sale, the executive vice president now directly owns 46,594 shares in the company, valued at approximately $10,368,562.82. The sale was disclosed in a filing with the Securities &amp; Exchange Commission, which is accessible through this link. Also, EVP Janice Dupre sold 5,380 shares of the firm’s stock in a transaction that occurred on Thursday, August 31st. The stock was sold at an average price of $231.28, for a total transaction of $1,244,286.40. Following the sale, the executive vice president now owns 24,216 shares in the company, valued at $5,600,676.48. The disclosure for this sale can be found here. 0.24% of the stock is owned by insiders.Several research analysts have issued reports on the company. UBS Group increased their price objective on Lowe’s Companies from $250.00 to $265.00 and gave the stock a “buy” rating in a research note on Wednesday, August 23rd. Citigroup increased their target price on Lowe’s Companies from $221.00 to $250.00 and gave the stock a “neutral” rating in a report on Wednesday, August 2nd. StockNews.com cut Lowe’s Companies from a “buy” rating to a “hold” rating in a report on Monday. The Goldman Sachs Group decreased their target price on Lowe’s Companies from $260.00 to $252.00 and set a “buy” rating on the stock in a report on Tuesday, August 22nd. Finally, HSBC began coverage on Lowe’s Companies in a report on Friday, September 22nd. They set a “hold” rating and a $250.00 target price on the stock. Twelve investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $243.96.Get Our Latest Research Report on Lowe’s Companies(Free Report)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.Receive News &amp; Ratings for Lowe's Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lowe's Companies and related companies with MarketBeat.com's FREE daily email newsletter.Eli Lilly and Company Shares Purchased by Oxbow Advisors LLCTruWealth Advisors LLC Has $323,000 Stake in Lowe’s Companies, Inc.1,180 Shares in Texas Instruments Incorporated Purchased by W Advisors LLCDeere &amp; Company Shares Acquired by EverSource Wealth Advisors LLCPark Place Capital Corp Has $797,000 Stake in The Procter &amp; Gamble CompanyU.S. Capital Wealth Advisors LLC Grows Position in iShares 20+ Year Treasury Bond ETFComplete the form below to receive the latest headlines and analysts' recommendations for Lowe's Companies with MarektBeat's free daily email newsletter:

Skip to main contentPosted by onTruWealth Advisors LLC trimmed its position in Lowe’s Companies, Inc. (NYSE:LOW – Free Report) by 16.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,432 shares of the home improvement retailer’s stock after selling 283 shares during the quarter. TruWealth Advisors LLC’s holdings in Lowe’s Companies were worth $323,000 at the end of the most recent reporting period.A number of other large investors have also modified their holdings of LOW. Field &amp; Main...

TruWealth Advisors LLC Has $323,000 Stake in Lowe’s Companies, Inc. (NYSE:LOW)

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