Mcdonald Partners LLC Sells 5,667 Shares of Lowe's Companies, Inc. $LOW

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Mcdonald Partners LLC significantly reduced its stake in Lowe’s Companies (NYSE:LOW) by selling 5,667 shares, retaining 2,124 shares valued at approximately $534,000. This institutional selling occurred amidst other hedge funds adjusting their positions, while CEO Marvin R. Ellison also sold 18,000 shares worth $4.7 million. Lowe’s exceeded quarterly earnings expectations, reporting $1.98 EPS against $1.94 expected and $20.58 billion in revenue against $20.34 billion, with analysts maintaining a “Moderate Buy” consensus and a price target of around $291.64.

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