Calamos Advisors LLC Increases Stake in Lowe’s Companies During Fourth Quarter
Calamos Advisors LLC grew its position in Lowe’s Companies, Inc. by 9.1% after purchasing more than 26,000 additional shares of the home improvement retailer
Calamos Advisors LLC significantly increased its stake in Lowe’s Companies, Inc. (NYSE:LOW) during the fourth quarter, according to the firm's latest Form 13F filing with the Securities and Exchange Commission. The investment management firm reported a 9.1% rise in its position, which involved the acquisition of 26,482 additional shares of the home improvement retailer. This move indicates a continued interest in the company's stock as part of Calamos's broader investment strategy during the final months of the year.[1][2]
Following the most recent quarter's activity, Calamos Advisors LLC now holds a total of 318,739 shares in Lowe’s Companies. At the close of the fourth quarter, the total value of this position was estimated at $76,867,000. The details of these transactions were first reported by HoldingsChannel, providing insight into the shifting institutional landscape for the retail company.[1][2]
The acquisition of additional shares by Calamos Advisors LLC reflects a 9.1% growth in its overall position in Lowe’s Companies. As a home improvement retailer listed on the New York Stock Exchange, Lowe’s continues to see activity from institutional investors like Calamos. The data, sourced from the most recent SEC filings, confirms that the firm's total stake reached over 318,000 shares by the end of the fourth quarter.[1][2]
