Five Dividend Kings that Smart Money Likes the Most

Lowe’s Companies, Inc. (NYSE:LOW) lost some popularity among the funds we track, with the number of investors with long positions declining by four to 56 during the second quarter. Nevertheless, these funds held stakes equal to some 4.90% of the company’s outstanding stock at the end of June. Lowe’s stock inched up by 3% during the third quarter and it currently has a dividend yield of 1.52%. Recently, analysts at Oppenheimer reiterated their ‘Outperform’ rating on the stock, along with a price target of $85.00 on it, while overall Lowe’s Companies, Inc. (NYSE:LOW)’s stock has a consensus price target of around $77.40, which indicates an upside potential of 5%. Greenhaven Associates reported holding 9.84 million shares of Lowe’s Companies, Inc. (NYSE:LOW) in its latest 13F filing.