Mariner LLC Boosts Stock Position in Lowe's Companies, Inc. $LOW

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Mariner LLC increased its stake in Lowe’s Companies, Inc. by 2.2% in the third quarter, bringing their total holdings to 511,215 shares valued at approximately $128.5 million. This move is part of a broader trend of institutional investors increasing their positions, with hedge funds and other institutional investors now owning 74.06% of the company. Lowe’s recently beat quarterly earnings and revenue estimates, and analysts maintain a “Moderate Buy” rating with a consensus price target of $289.76.

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