Lowe’s Companies (LOW) Soared Following Strong Results

Group 1: Market Performance - The US equity market continued its rally in Q3, with the S&P 500 returning 8.1% and the Russell 1000 Value surging 5.3% [1] - The SCCM Value Equity Strategy returned 6.9% (gross) and 6.8% (net) in Q3, outperforming the Russell 1000 Value's 5.3% return but underperforming the S&P 500's 8.1% return [1] - Year-to-date, the strategy returned 13.0% (gross), compared to the Russell 1000 Value's +11.7% and the S&P 500's +14.8% [1] Group 2: Lowe's Companies, Inc. Performance - Lowe's Companies, Inc. (NYSE:LOW) experienced a one-month return of -9.84% and a 52-week loss of 16.52% [2] - As of November 18, 2025, Lowe's stock closed at $219.57 per share, with a market capitalization of $123.14 billion [2] - The company reported strong Q2 earnings with comparable sales up 1.1%, its best result since 2022, driven by growth in both Pro and DIY segments [3] Group 3: Strategic Developments - Lowe's gross margins expanded by approximately 40 basis points due to improved product mix and cost control, with July comparable sales rising by 4.7% [3] - The company announced an $8.8 billion acquisition of Foundation Building Materials, which broadens its Pro customer base and supports its Total Home strategy [3] - Despite its potential, Lowe's is not among the 30 most popular stocks among hedge funds, with 75 hedge fund portfolios holding its stock at the end of Q2, up from 68 in the previous quarter [4]