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flag Distillate Capital invests nearly $28.6M in Lowe's, which reported strong earnings and a dividend.

flag Distillate Capital Partners LLC has invested $28.58 million in Lowe's Companies, Inc., acquiring 115,794 shares. flag Lowe's reported strong fourth-quarter earnings, with $1.93 per share, beating estimates. flag The company also announced a $1.15 quarterly dividend. flag Analysts rate Lowe's as a "Moderate Buy" with an average target price of $278.74.

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