Clifford Swan Investment Counsel LLC Trims Stake in Lowe's Companies, Inc. $LOW

2026-03-07 06:36:41

Clifford Swan Investment Counsel LLC reduced its stake in Lowe’s Companies (NYSE:LOW) by 2.0% in Q3, selling 4,093 shares but still holding 199,594 shares valued at $50.16 million. Despite Lowe’s beating Q4 earnings and revenue estimates and providing positive FY26 EPS guidance, the stock saw a 5.5% pullback due to management’s warning about customers deferring big-ticket remodels and news of layoffs. Institutional investors, including Norges Bank, have shown significant activity, while CEO Marvin Ellison sold 18,000 shares, and analysts maintain a “Moderate Buy” rating with an average target of $290.33.

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