Is Lowe's Owned by Walmart?

Photo Courtesy: SOPA Images/Getty Images

Lowe’s is not owned by Walmart or the Walton family. Lowe’s Companies Inc. is a publicly traded company without a majority shareholder. In 2020, The Vanguard Group Inc. held the largest share of Lowe’s stock. At around 8.5 percent of all stock, however, they had far less than a controlling share in the company.