Schulhoff & Co. Inc. Has $1.23 Million Stock Holdings in Lowe’s Companies, Inc. (NYSE:LOW)

Schulhoff & Co. Inc. lowered its position in Lowe’s Companies, Inc. (NYSE:LOW) by 1.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,977 shares of the home improvement retailer’s stock after selling 70 shares during the period. Schulhoff & Co. Inc.’s holdings in Lowe’s Companies were worth $1,228,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in LOW. Legacy Investment Solutions LLC acquired a new stake in shares of Lowe’s Companies during the third quarter worth about $27,000. IFS Advisors LLC bought a new stake in Lowe’s Companies during the 4th quarter worth approximately $25,000. Marshall Investment Management LLC bought a new stake in Lowe’s Companies during the 4th quarter worth approximately $31,000. JNBA Financial Advisors raised its holdings in Lowe’s Companies by 555.6% during the 3rd quarter. JNBA Financial Advisors now owns 118 shares of the home improvement retailer’s stock worth $32,000 after buying an additional 100 shares during the period. Finally, Winch Advisory Services LLC boosted its holdings in shares of Lowe’s Companies by 56.4% in the fourth quarter. Winch Advisory Services LLC now owns 122 shares of the home improvement retailer’s stock valued at $30,000 after buying an additional 44 shares during the period. Institutional investors and hedge funds own 74.06% of the company’s stock.

Lowe’s Companies Stock Down 0.5 %

LOW stock opened at $245.87 on Friday. The company has a market cap of $138.83 billion, a PE ratio of 20.51, a price-to-earnings-growth ratio of 1.96 and a beta of 1.11. Lowe’s Companies, Inc. has a 52 week low of $211.80 and a 52 week high of $287.01. The business has a 50-day simple moving average of $252.50 and a 200 day simple moving average of $258.77.

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, topping the consensus estimate of $1.83 by $0.10. The business had revenue of $18.55 billion during the quarter, compared to the consensus estimate 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, analysts anticipate that Lowe’s Companies, Inc. will post 11.9 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on LOW shares. Telsey Advisory Group restated an “outperform” rating and set a $305.00 price objective on shares of Lowe’s Companies in a report on Wednesday. Piper Sandler dropped their price target on Lowe’s Companies from $307.00 to $296.00 and set an “overweight” rating on the stock in a research note on Thursday. Guggenheim reaffirmed a “buy” rating and set a $300.00 price objective on shares of Lowe’s Companies in a research report on Thursday, December 12th. Mizuho dropped their target price on Lowe’s Companies from $305.00 to $300.00 and set an “outperform” rating on the stock in a research report on Thursday. Finally, Wells Fargo & Company upped their price target on Lowe’s Companies from $280.00 to $295.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 6th. Ten analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus 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.