ING Groep NV, Capital Investment Counsel Inc, and Truist Financial Corp have sold substantial shares of Lowe's Companies, Inc. (NYSE:LOW), whereas Timonier Family Office LTD., Allworth Financial LP and Handelsbanken Fonder AB have increased their shares. In addition, Lowe's insiders have also sold US$1.6m of stock. Furthermore, earnings from Q3 surpassed expectations not just for Lowe's, but for the entirety of home furnishing and improvement retail stocks. Lowe's is expected to announce earnings on Wednesday. Analyst firms such as Telsey Advisory Group and W.H. Cornerstone Investments Inc. have reiterated an 'Outperform' rating for the company, and debate persists on whether to buy, sell or hold Lowe's stock in the current market with Lowe's currently outpacing stock market gains. The company's stock continues to interest investors. Several firms have recently bought new stakes in Lowe’s, including GAM Holding AG and BXM Wealth LLC. Yet, some analysts believe the shares are fully valued at the moment.
Lowes Stocks LOW News Analytics from Mon, 19 Aug 2024 07:00:00 GMT to Sat, 22 Feb 2025 11:57:33 GMT -
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