From MarketBeat:



Meridian Wealth Management, LLC has increased its stake in Lowe’s Companies by 100.4% during the third quarter, now owning 31,158 shares of the home improvement retailer’s stock. A number of hedge funds have recently made changes to their positions in Lowe’s Companies, including FirstPurpose Wealth LLC, Invst LLC, Berkeley Capital Partners LLC, Goldstein Advisors LLC, and Veracity Capital LLC. The majority of the company’s stock is owned by institutional investors and hedge funds, accounting for 71.88% of all shares.

Additionally, a number of research firms have recently provided ratings and price targets for Lowe’s Companies stock. The company’s stock was trading down 0.2% at $223.00 per share on Monday, with an average trading volume of 2,368,800 shares. Lowe’s Companies last reported quarterly earnings of $3.06 per share, beating expectations.

Lowe’s Companies, Inc. operates as a home improvement retailer in the United States, providing a variety of products for construction, maintenance, repair, and remodeling.

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Read more: Lowe’s Companies, Inc. (NYSE:LOW) Shares Bought by Meridian Wealth Management LLC