Lowe's Companies, Inc. (NYSE:LOW) stocks have recently undergone notable fluctuations. Various investment management firms, including Mutual of America Capital Management and Bryn Mawr Capital Management, have reported selling shares, while others such as Private Trust Co., Oppenheimer & Co. Inc., and Bank of New York Mellon Corp have bought substantial amounts of LOW's stock. Earnings forecasts have surpassed analysts' expectations, with Q4 earnings and revenues outperforming estimates. Its dividends are seeing consistent growth, suggesting that it could be an attractive stock for dividend-oriented portfolios. However, there have been several lowered expectations for the stock price by Bank of America and Royal Bank of Canada. Increases in buying positions have been observed, notably from Nicholson Wealth Management and Illinois Municipal Retirement Fund. Negative news include Truist's pessimistic forecast and share sell-offs from National Pension Service and Proficio Capital Partners. Contrastingly, Lowe's recently released a strong 2025 earnings guidance, which drove the stock price up, reinforcing its position as a potential dividend growth stock.
Lowes Stocks LOW News Analytics from Mon, 30 Sep 2024 07:00:00 GMT to Sat, 01 Mar 2025 12:12:28 GMT -
Rating 5
- Innovation 3
- Information 6
- Rumor -2