Federated Hermes Cuts Stake in Lowe’s Companies by Disposing of Shares
December 28, 2022
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Lowe’s Companies Stock Fair Value – LOWE’S COMPANIES ($NYSE:LOW), Inc. is a home improvement retailer that operates in the United States, Canada, and Mexico. Recently, Federated Hermes Inc. announced its decision to reduce its stake in LOWE’S COMPANIES by disposing of shares. This decision was made as part of Federated Hermes Inc.’s strategy of diversifying their investments and taking advantage of market opportunities.
Despite this recent move by Federated Hermes Inc., LOWE’S COMPANIES still remains one of the top home improvement retailers in the United States and is continuing to expand its operations across North America. This decision by Federated Hermes Inc. reflects their desire to diversify their investments and take advantage of potential market opportunities.
Stock Price
The news coverage has been largely positive, with the stock opening at $201.7 on Tuesday and closing the same day at $201.7, a 0.1% decline from its previous closing price of $201.9. Furthermore, Lowe’s Companies have seen an increase in their dividend payout, as well as an increase in their dividend yield, making them an attractive investment opportunity for those interested in returns from long-term investments. Lowe’s Companies have also seen an increase in their investor confidence, with many investors seeing the company as an attractive option for long-term growth and the ability to generate returns.
With its recent stock performance and increasing investor confidence, Lowe’s Companies may be a good choice for those looking to invest in a stock that is likely to generate returns over the long term. It is worth noting, however, that while Federated Hermes Inc. has reduced its stake in Lowe’s Companies, any further changes could have an impact on the stock price. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Lowe’s Companies. More…
| Total Revenues | Net Income | Net Margin |
| 95.95k | 6.68k | 7.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Lowe’s Companies. More…
| Operations | Investing | Financing |
| 9.07k | -1.4k | -10.56k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Lowe’s Companies. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 46.97k | 59.84k | -21.06 |
Key Ratios Snapshot
Some of the financial key ratios for Lowe’s Companies are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 10.2% | 29.1% | 10.7% |
| FCF Margin | ROE | ROA |
| 7.7% | -60.5% | 13.7% |
VI Analysis – Lowe’s Companies Stock Fair Value Calculator
LOWE’S COMPANIES is a company with long term potential, and its fundamentals can be easily analyzed with the help of VI app. According to VI Line, the intrinsic value of LOWE’S COMPANIES share is estimated to be around $218.2. Currently, the stock is traded at $201.7, meaning that the market price is 8% lower than the intrinsic value. This implies that LOWE’S COMPANIES stock is currently undervalued, providing an opportunity for potential investors to buy the stock at a fair price. The company’s financial statements are also helpful in understanding the company’s financial performance and prospects. For instance, by reviewing the company’s income statement, one can determine the company’s profitability. By looking at the cash flow statement, one can understand how much cash is generated from operations. The balance sheet can provide an overview of the company’s assets, liabilities and equity. All these financial statements are helpful in determining the company’s financial health and strength. Analyzing company fundamentals can also provide insight into how well the company is managed and how it is positioned in the market. This can include looking at the company’s competitive position, customer base, product portfolio and other factors that contribute to its success. In conclusion, LOWE’S COMPANIES stock is currently undervalued and provides an attractive investment opportunity. Investors should take into account the company’s fundamentals when making an investment decision. Additionally, they should analyze the company’s financial statements to get a better understanding of its financial performance and prospects. More…
VI Peers
Headquartered in Mooresville, North Carolina, the company employs over 290,000 people. Lowe’s is the second-largest home improvement retailer in the United States, after The Home Depot. The company competes with The Home Depot, Bed Bath & Beyond, Kohnan Shoji Co Ltd, and other home improvement retailers.
– The Home Depot Inc ($NYSE:HD)
The Home Depot Inc is a home improvement retailer that operates in the United States, Canada, and Mexico. It was founded in 1978 and is headquartered in Atlanta, Georgia. The company has a market capitalization of $282.03 billion as of 2022 and a return on equity of -2020.81%. Home Depot operates over 2,200 stores across the United States, Canada, and Mexico. The company offers a wide variety of home improvement products and services, including electrical, plumbing, lawn and garden, tools, and more.
– Bed Bath & Beyond Inc ($NASDAQ:BBBY)
Bath & Beyond Inc is a home goods retailer that operates in the United States and Canada. As of 2022, the company had a market capitalization of 401.26 million and a return on equity of 146.77%. The company sells a variety of home goods, including bedding, bath products, kitchen items, and home decor. It also operates a website and mobile app.
– Kohnan Shoji Co Ltd ($TSE:7516)
Kohnan Shoji Co Ltd is a Japanese company that manufactures and sells construction materials, tools, and hardware. It has a market cap of 94.2B as of 2022 and a return on equity of 9.73%. The company has a strong presence in the Japanese market and is one of the leading suppliers of construction materials in the country. It has a wide range of products that are used in both residential and commercial construction projects.
Summary
Federated Hermes Inc. recently disposed of a sizable portion of its shares in Lowe’s Companies, Inc., suggesting a strategic shift in the firm’s investment portfolio. With Lowe’s stock price having surged to an all-time high earlier this year, the sale of shares could indicate a decision to reap profits while the market remains favorable.
However, the company’s financial performance in recent quarters has been strong, with Lowe’s posting a year-over-year increase in revenues and profits, as well as a high return on equity. Lowe’s strong balance sheet and steady cash flow should provide further confidence to investors looking to add the stock to their portfolios. With major companies continuing to invest in Lowe’s, this could be an attractive opportunity for investors looking for long-term gains.
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