Aull & Monroe Investment Management Corp Has $1.56 Million Holdings in Lowe’s Companies, Inc. (NYSE:LOW)

Aull & Monroe Investment Management Corp reduced its stake in shares of Lowe’s Companies, Inc. (NYSE:LOW) by 14.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,325 shares of the home improvement retailer’s stock after selling 1,100 shares during the quarter. Aull & Monroe Investment Management Corp’s holdings in Lowe’s Companies were worth $1,561,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of LOW. Candriam S.C.A. raised its holdings in Lowe’s Companies by 74.9% in the 4th quarter. Candriam S.C.A. now owns 98,279 shares of the home improvement retailer’s stock valued at $24,255,000 after acquiring an additional 42,076 shares in the last quarter. Chung Wu Investment Group LLC acquired a new position in shares of Lowe’s Companies in the 4th quarter valued at $216,000. Vestmark Advisory Solutions Inc. raised its stake in shares of Lowe’s Companies by 8.5% in the 4th quarter. Vestmark Advisory Solutions Inc. now owns 16,378 shares of the home improvement retailer’s stock valued at $4,042,000 after buying an additional 1,285 shares in the last quarter. Freestone Capital Holdings LLC raised its stake in shares of Lowe’s Companies by 0.3% in the 4th quarter. Freestone Capital Holdings LLC now owns 16,514 shares of the home improvement retailer’s stock valued at $4,076,000 after buying an additional 54 shares in the last quarter. Finally, Ethos Financial Group LLC raised its holdings in shares of Lowe’s Companies by 4.9% in the 4th quarter. Ethos Financial Group LLC now owns 2,214 shares of the home improvement retailer’s stock worth $549,000 after buying an additional 104 shares in the last quarter. 74.06% of the stock is currently owned by institutional investors and hedge funds.

Lowe’s Companies Trading Up 1.2 %

Shares of Lowe’s Companies stock opened at $242.82 on Thursday. Lowe’s Companies, Inc. has a 12-month low of $211.80 and a 12-month high of $287.01. The company has a market cap of $137.11 billion, a price-to-earnings ratio of 20.25, a PEG ratio of 1.96 and a beta of 1.11. The company’s 50-day moving average price is $252.13 and its 200-day moving average price is $259.12.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings data on Wednesday, February 26th. The home improvement retailer reported $1.93 earnings per share for the quarter, beating analysts’ consensus estimates of $1.83 by $0.10. The company had revenue of $18.55 billion for the quarter, compared to analysts’ expectations of $18.29 billion. Lowe’s Companies had a negative return on equity of 47.55% and a net margin of 8.19%. On average, sell-side analysts predict that Lowe’s Companies, Inc. will post 11.9 earnings per share for the current year.

Wall Street Analysts Forecast Growth

LOW has been the subject of a number of recent research reports. Royal Bank of Canada dropped their target price on Lowe’s Companies from $292.00 to $285.00 and set a “sector perform” rating for the company in a report on Thursday, February 27th. Mizuho lowered their price target on shares of Lowe’s Companies from $305.00 to $300.00 and set an “outperform” rating for the company in a report on Thursday, February 27th. Guggenheim reissued a “buy” rating and issued a $300.00 price target on shares of Lowe’s Companies in a report on Thursday, December 12th. StockNews.com upgraded Lowe’s Companies from a “hold” rating to a “buy” rating in a research report on Friday, January 17th. Finally, Piper Sandler lowered 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 report on Thursday, February 27th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and fifteen have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $280.83.

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.