<div id="readability-page-1"><p>Ascent Group LLC boosted its position in  Lowe's Companies, Inc. (NYSE:LOW - Free Report) by 79.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,958 shares of the home improvement retailer's stock after acquiring an additional 5,300 shares during the quarter. Ascent Group LLC's holdings in Lowe's Companies were worth $3,005,000 at the end of the most recent reporting period.</p><div><p><span></span><span>Get <strong>Lowe's Companies</strong> alerts:</span></p></div><ul><li>These 3 Housing Stocks Are Laying the Foundation for a Comeback</li></ul><p>Several other institutional investors have also added to or reduced their stakes in LOW. Waterloo Capital L.P. increased its holdings in shares of  Lowe's Companies by 1.2% during the second quarter. Waterloo Capital L.P. now owns 3,455 shares of the home improvement retailer's stock worth $767,000 after buying an additional 41 shares in the last quarter.  TruWealth Advisors LLC grew its position in  Lowe's Companies by 2.7% during the 3rd quarter. TruWealth Advisors LLC now owns 1,580 shares of the home improvement retailer's stock worth $397,000 after acquiring an additional 42 shares during the last quarter.  Cypress Wealth Services LLC grew its position in  Lowe's Companies by 2.0% during the 3rd quarter. Cypress Wealth Services LLC now owns 2,191 shares of the home improvement retailer's stock worth $551,000 after acquiring an additional 42 shares during the last quarter.  Operose Advisors LLC increased its holdings in  Lowe's Companies by 1.4% in the 2nd quarter. Operose Advisors LLC now owns 3,331 shares of the home improvement retailer's stock worth $739,000 after purchasing an additional 45 shares in the last quarter.  Finally, Watts Gwilliam &amp; Co. LLC raised its position in  Lowe's Companies by 4.3% in the second quarter. Watts Gwilliam &amp; Co. LLC now owns 1,094 shares of the home improvement retailer's stock valued at $243,000 after purchasing an additional 45 shares during the last quarter. 74.06% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Wall Street Analyst Weigh In</h2><p>Several research firms have recently issued reports on LOW. Wells Fargo &amp; Company dropped their price target on shares of Lowe's Companies from $290.00 to $280.00 and set an &#34;overweight&#34; rating for the company in a research note on Tuesday, November 11th. TD Cowen decreased their price objective on Lowe's Companies from $275.00 to $250.00 and set a &#34;hold&#34; rating for the company in a report on Friday, November 21st. DA Davidson cut their target price on Lowe's Companies from $266.00 to $250.00 and set a &#34;neutral&#34; rating on the stock in a report on Thursday, November 20th. Sanford C. Bernstein increased their price target on Lowe's Companies from $282.00 to $284.00 and gave the company an &#34;outperform&#34; rating in a research note on Thursday, November 20th. Finally, UBS Group lowered their price objective on Lowe's Companies from $325.00 to $316.00 and set a &#34;buy&#34; rating for the company in a research report on Thursday, November 20th. Seventeen analysts have rated the stock with a Buy rating, ten have given a Hold rating and one  has issued  a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $276.80.</p><ul><li>Retail Earnings Roundup: Walmart Scores, Target Slumps in Q3</li></ul><p><b>Get Our Latest Research Report on Lowe's Companies</b></p><h2>Lowe's Companies Stock Performance</h2><p>Lowe's Companies stock opened at $241.17 on Thursday. Lowe's Companies, Inc. has a fifty-two week low of $206.38 and a fifty-two week high of $274.98. The firm's 50-day simple moving average is $239.81 and its 200 day simple moving average is $240.95. The stock has a market cap of $135.28 billion, a PE ratio of 20.00, a price-to-earnings-growth ratio of 4.03 and a beta of 0.96. </p><ul><li>Holiday Spending to Hit $1 Trillion—Time to Buy This Retail ETF?</li></ul><p>Lowe's Companies (NYSE:LOW - Get Free Report) last announced its earnings results on Wednesday, November 26th. The home improvement retailer reported $3.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.97 by $0.09. The firm had revenue of $20.81 billion during the quarter, compared to analyst estimates of $20.88 billion. Lowe's Companies had a negative return on equity of 55.86% and a net margin of 8.05%.The business's revenue was up 3.2% compared to the same quarter last year. During the same period last year, the firm posted $2.89 EPS.  As a group, analysts predict that  Lowe's Companies, Inc. will post 11.9 EPS for the current fiscal year. </p><h2>Lowe's Companies Announces Dividend</h2><p>The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 4th. Investors of record on Wednesday, January 21st will be issued a dividend of $1.20 per share. The ex-dividend date of this dividend is Wednesday, January 21st. This represents a $4.80 dividend on an annualized basis and a yield of 2.0%. Lowe's Companies's dividend payout ratio  is 39.80%. </p><h2>About Lowe's Companies</h2> (Free Report)<p>Lowe's Companies, Inc is a leading home improvement retailer that operates large-format stores and digital channels serving both do-it-yourself homeowners and professional contractors. The company offers a broad assortment of products including building materials, lumber, appliances, tools and hardware, plumbing and electrical supplies, paint, flooring, kitchen and bath fixtures, outdoor and garden products, and home decor. Lowe's also provides a range of services such as installation, home improvement financing, tool and equipment rental, and contractor-focused sales programs.  </p><p>Operations are centered on a nationwide brick-and-mortar store network supported by distribution centers and an e-commerce platform that enables online ordering, delivery and in-store pickup.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Lowe's Companies</li><li>The Best $1 You'll Spend This Holiday Season</li><li>Holiday surprise: $1 gets you everything</li><li>America’s “most deplorable” Christmas sale</li><li>Market Panic: Trump Just Dropped a Bomb on Your Stocks</li><li>Your family's wealth expires in 2026?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUxPVw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUxPVw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Lowe's Companies Right Now?</h2><p>Before you consider Lowe's Companies, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lowe's Companies wasn't on the list.</p><p>While Lowe's Companies currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Ascent Group LLC increased its stake in Lowe's Companies, Inc. by 79.6% in Q3, owning 11,958 shares valued at $3.01 million. Other institutional investors also adjusted their holdings. Analysts have mixed ratings on Lowe's, with a consensus rating of "Moderate Buy" and an average price target of $276.80. Lowe's reported Q3 earnings of $3.06 EPS, exceeding estimates, with revenue of $20.81 billion. The company also announced a quarterly dividend to be paid on February 4th.</p>

Ascent Group LLC Has $3.01 Million Holdings in Lowe's Companies, Inc. $LOW