This Acquirers Multiple Stock Is Undervalued, According to Ackman, Dalio, Greenblatt

Part of the weekly research here at The Acquirer’s Multiple features some of the top picks from our Stock Screeners and some top investors who are holding these same picks in their portfolios. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Jim Simons, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks. The top investor data is provided from their latest 13F’s. This week we’ll take a look at:

Lowe’s Companies Inc (LOW)

Lowe’s is the second-largest home improvement retailer in the world, operating more than 1,700 stores in the United States, after the 2023 divestiture of its Canadian locations (RONA, Lowe’s Canada, Réno-Dépôt, and Dick’s Lumber). The firm’s stores offer products and services for home decorating, maintenance, repair, and remodeling, with maintenance and repair accounting for two thirds of products sold. Lowe’s targets retail do-it-yourself (around 75% of sales) and do-it-for-me customers as well as commercial and professional business clients (around 25% of sales). We estimate Lowe’s captures a low-double-digit share of the domestic home improvement market, based on U.S. Census data and management’s market size estimates.

A quick look at the price chart below shows us that the stock is up 3.42% in the past twelve months. We currently have the stock trading on an Acquirer’s Multiple of 11.40 which means that it remains undervalued.

LOW data by YCharts

(Shares)

Bill Ackman – 7,066,623

Tom Gayner – 645,480

Ken Fisher – 587,100

Israel Englander – 426,066

Cliff Asness – 258,282

Ray Dalio – 193,445

Ken Griffin – 90,775

Joel Greenblatt – 46,587