Analyzing Market Sentiment Towards Lowe's (LOW) Stock

Lowe's stock is trading -13.73% below its average target price of $251.82 after dropping -4.9% during today's evening session. Analysts are giving the Large-Cap Home Improvement Retail company an average rating of buy and target prices ranging from $201.0 to $290.0 per share.

The stock has a very low short interest at 1.3%, and a short ratio of 3.87. At 0.1%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation. Finally, we also note that an average number of institutional investors are invested in the stock, with 77.0% of Lowe's's shares being owned by this investor type.

Institutions Invested in Lowe's

Date Reported Holder Percentage Shares Value
2024-03-31 Vanguard Group Inc 9% 53,693,630 $11,664,941,117
2024-03-31 Blackrock Inc. 7% 39,766,281 $8,639,224,547
2024-03-31 JP Morgan Chase & Company 4% 24,794,603 $5,386,627,501
2024-03-31 State Street Corporation 4% 24,414,946 $5,304,147,018
2024-03-31 FMR, LLC 4% 22,001,965 $4,779,926,896
2024-03-31 Geode Capital Management, LLC 2% 11,407,612 $2,478,303,707
2024-03-31 Wells Fargo & Company 2% 11,225,109 $2,438,654,930
2024-03-31 Bank of America Corporation 2% 10,497,925 $2,280,674,206
2024-03-31 Morgan Stanley 2% 10,462,248 $2,272,923,378
2024-03-31 Massachusetts Financial Services Co. 1% 7,726,409 $1,678,562,355

Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Lowe's.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.