Rep. Kevin Hern (R-OK) Sells Lowe's Companies (LOW) Stock

Oklahoma Congressman Kevin Hern sold shares of Lowe's Companies, Inc. (NYSE: LOW) on September 2, 2026. The reported sale was valued between $1,001 and $15,000. This transaction was disclosed later on September 25, 2026.

Inside Kevin Hern's Trade

Hern's sale involved a range of shares valued at between $1,001 and $15,000. At the time of the sale, Lowe's shares were trading at $196.56, showing a solid performance in the consumer cyclical sector.

Other Institutional Activity in Lowe's

Several institutional investors have been active with Lowe's recently. Blackrock Inc. increased its holdings by 853,385 shares, bringing its total to about 40.5 million shares worth approximately $7.97 billion. FMR, LLC also added 5.4 million shares, raising its stake to about 37.3 million shares valued at about $7.32 billion. Meanwhile, Vanguard Capital Management LLC slightly boosted its position with an additional 142,180 shares, resulting in 36.6 million shares worth around $7.19 billion. State Street Corporation grew its holdings by 880,171 shares, totaling around 25.3 million shares worth about $4.98 billion. However, JPMorgan Chase & Co. trimmed its stake by 909,209 shares, ending with about 36.2 million shares valued at roughly $7.11 billion.

Lowe's Companies, Inc. Stock Up 4.4%

Currently, Lowe's shares are trading at $196.56. This price is near the lower end of its 52-week range of $178.45 to $293.06. The stock recently saw a slight increase of about 3.6%, reflecting positive movement amid a generally strong performance in the home improvement sector.

Recent Earnings

In its most recent earnings report, Lowe's posted a revenue of approximately $90.4 billion, with revenue growth of 8.3% compared to the previous year. The company reported an EPS of $11.83 with a net margin of 7.35%. Lowe's is scheduled to report its next earnings on November 18, 2026.

Analysts Set New Price Targets

On September 21, 2026, Guggenheim reiterated its "Buy" rating for Lowe's with a price target of $275. Evercore ISI Group maintained its "In-Line" rating with a target of $190 on October 6, down from $220. The average price target among analysts stands at approximately $252.42, with 33 opinions currently available, suggesting a positive outlook for the stock.

About Lowe's Companies, Inc.

Lowe's Companies, Inc. is a leading home improvement retailer in the U.S. and Canada. The company provides a wide variety of products for construction, maintenance, and home improvement. Its offerings range from appliances and lumber to tools and outdoor living products, catering to both professional contractors and DIY enthusiasts. This breadth of products is vital for its performance in the competitive retail market.

Bottom Line

Kevin Hern's recent sale of Lowe's shares adds to his series of stock transactions as he adjusts his portfolio. Investors should keep an eye on Lowe's upcoming earnings on November 18, 2026, as well as any further 13F filings that may reveal more about institutional investors' positions in the company.