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Lowe’s beat earnings estimates, raised guidance, and boosted dividend amid a new $258K stake by Hobart Private Capital.
Hobart Private Capital LLC acquired a $258,000 stake in Lowe’s ($LOW), buying 1,165 shares in Q2, while the company reported strong second-quarter earnings of $4.33 per share, beating estimates by $0.09, with revenue up 1.6% year-over-year to $23.96 billion.
Lowe’s raised its fiscal 2025 earnings guidance to $12.20–$12.45 per share, declared a $1.20 quarterly dividend, and maintains a “Moderate Buy” consensus rating with a $282.91 average price target.
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Lowe's superó las estimaciones de ganancias, elevó la guía y aumentó el dividendo en medio de una nueva participación de $258K por Hobart Private Capital.