Earnings
HighTower Advisors LLC Lowers Stock Holdings in Lowe's Companies, Inc. $LOW
HighTower Advisors LLC decreased its stake in Lowe's Companies, Inc. by 15.6% in the second quarter, selling 99,524 shares but still holding 539,066 shares valued at $118.9 million. This adjustment comes as Lowe's reported strong quarterly EPS, beating expectations, despite revenue slightly missing estimates. The company also declared a $1.25 quarterly dividend and holds a "Moderate Buy" consensus rating from analysts.