Lowe's Companies, Inc.·Consumer Cyclical

Lowe's (LOW) closed at $248.03 in the latest trading session, marking a +1.79% move from the prior day.

Homebuilder and home improvement stocks are down due to rising mortgage rates. There isn't much relief in sight for the housing market.

Lowe's CEO Marvin Ellison says AI can't fix your roof, while announcing a $250 million commitment to recruit and train 250,000 skilled tradespeople over the next decade.

Industry-leading commitment and new three-part TV series focused on ramping up career opportunities and inspiring next generation of Pros Summary The Lowe's Foundation announces an expanded commitment to invest $250 million to help train and develop 250,000 skilled tradespeople by 2035, increasing its workforce commitment five-fold in response to an urgent workforce shortage. Building on early momentum, the foundation is on track to reach its original funding goal a year ahead of schedule, with nearly $53 million invested in 65 nonprofits and community colleges nationwide.

Runnymede Capital Advisors Inc. acquired a new position in shares of Lowe's Companies, Inc. (NYSE: LOW) during the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 13,865 shares of the home improvement retailer's stock, valued at approximately $3,344,000. Lowe's Companies comprises 1.9% of

Sovran Advisors LLC reduced its position in shares of Lowe's Companies, Inc. (NYSE: LOW) by 37.3% during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,343 shares of the home improvement retailer's stock after selling 2,580 shares during the period. Sovran Advisors
Lowe's Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States and internationally. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, decor, lighting, and electrical. It also offers installation services through independent contractors in various product categories; extended protection plans; and in-warranty and out-of-warranty repair services. The company sells its national brand-name merchandise and private brand products to homeowners, renters, and professional customers. As of January 28, 2022, it operated 1,971 home improvement and hardware stores. The company also sells its products through websites comprising Lowes.com and Lowesforpros.com; and through mobile applications. Lowe's Companies, Inc. was founded in 1921 and is based in Mooresville, North Carolina.
Consumer Cyclical
Home Improvement
300,000
1980-03-17
0.96