2,290 Shares in The Home Depot, Inc. $HD Bought by Ghe LLC

Ghe LLC acquired a new position in shares of The Home Depot, Inc. (NYSE:HD) in the fourth quarter, HoldingsChannel reports. The fund acquired 2,290 shares of the home improvement retailer’s stock, valued at approximately $788,000.

A number of other institutional investors have also made changes to their positions in HD. Westfuller Advisors LLC lifted its position in shares of Home Depot by 2.1% during the 4th quarter. Westfuller Advisors LLC now owns 1,325 shares of the home improvement retailer’s stock worth $456,000 after buying an additional 27 shares during the last quarter. Darwin Wealth Management LLC lifted its position in shares of Home Depot by 0.5% during the 4th quarter. Darwin Wealth Management LLC now owns 4,949 shares of the home improvement retailer’s stock worth $1,703,000 after buying an additional 27 shares during the last quarter. Alesco Advisors LLC lifted its position in shares of Home Depot by 3.2% during the 4th quarter. Alesco Advisors LLC now owns 866 shares of the home improvement retailer’s stock worth $298,000 after buying an additional 27 shares during the last quarter. Canandaigua National Trust Co of Florida lifted its position in shares of Home Depot by 1.3% during the 4th quarter. Canandaigua National Trust Co of Florida now owns 2,178 shares of the home improvement retailer’s stock worth $749,000 after buying an additional 27 shares during the last quarter. Finally, Moneco Advisors LLC lifted its position in shares of Home Depot by 0.3% during the 4th quarter. Moneco Advisors LLC now owns 8,743 shares of the home improvement retailer’s stock worth $3,008,000 after buying an additional 27 shares during the last quarter. 70.86% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Home Depot

In related news, CFO Richard V. Mcphail sold 2,550 shares of the business’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $368.89, for a total value of $940,669.50. Following the sale, the chief financial officer directly owned 44,566 shares in the company, valued at $16,439,951.74. The trade was a 5.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.08% of the stock is owned by corporate insiders.

Home Depot Stock Performance

NYSE:HD opened at $310.56 on Wednesday. The company has a quick ratio of 0.28, a current ratio of 1.04 and a debt-to-equity ratio of 3.23. The Home Depot, Inc. has a fifty-two week low of $289.10 and a fifty-two week high of $426.75. The stock has a market cap of $309.33 billion, a PE ratio of 22.06, a price-to-earnings-growth ratio of 3.61 and a beta of 1.00. The firm’s fifty day simple moving average is $325.86 and its 200-day simple moving average is $350.69.

Home Depot (NYSE:HD) last posted its quarterly earnings results on Tuesday, May 19th. The home improvement retailer reported $3.43 earnings per share for the quarter, topping analysts’ consensus estimates of $3.41 by $0.02. Home Depot had a net margin of 8.41% and a return on equity of 117.24%. The business had revenue of $41.77 billion for the quarter, compared to analysts’ expectations of $41.59 billion. During the same period in the prior year, the company posted $3.56 EPS. The business’s revenue for the quarter was up 4.8% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Analysts expect that The Home Depot, Inc. will post 15.02 earnings per share for the current fiscal year.

Home Depot Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be given a $2.33 dividend. The ex-dividend date is Thursday, June 4th. This represents a $9.32 annualized dividend and a dividend yield of 3.0%. Home Depot’s payout ratio is currently 66.19%.

Key Headlines Impacting Home Depot

Here are the key news stories impacting Home Depot this week:

• Positive Sentiment: TD Cowen said Home Depot delivered solid execution in a challenging market, reinforcing the view that management is controlling what it can even as demand remains uneven. TD Cowen Says The Home Depot (HD) Delivered Solid Execution in Challenging Market
• Positive Sentiment: Analysts highlighted a bright spot in Home Depot’s earnings, pointing to a detail that suggests improving momentum in at least one part of the business and could support the company’s pro-oriented growth story. A Bright Spot in Home Depot’s Earnings
• Positive Sentiment: Home Depot’s sales recovery and the Mingledorff’s acquisition were cited as factors strengthening the company’s pro segment strategy and broader growth narrative. Home Depot Sales Recovery And Mingledorff’s Deal Strengthen Pro Growth Story
• Neutral Sentiment: Shareholders approved governance charter amendments at the annual meeting, showing support for management but not directly changing the near-term earnings outlook. Home Depot Shareholders Approve Governance Charter Amendments
• Neutral Sentiment: Investors are still debating whether HD is attractively valued or a value trap, reflecting uncertainty around how quickly demand can improve. Home Depot stock: Wall Street says ‘buy,’ but this brutal math suggests it is a value trap
• Negative Sentiment: Connecticut lawmakers’ scrutiny of parking lot license plate readers adds another governance/privacy-related headline risk, contributing to pressure on the shares. Home Depot Stock (NYSE:HD) Slips as Connecticut Lawmakers Take a Hand in Parking Lot License Plate Readers
• Negative Sentiment: Broader commentary on cautious consumers, inflation, and debt pressure suggests the demand environment for big-ticket home improvement spending remains soft. The Careful Consumer: What Q1 Earnings Reveal—And Where Cracks May Appear (HD)

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on HD. Zacks Research raised shares of Home Depot from a “strong sell” rating to a “hold” rating in a report on Monday, February 9th. Telsey Advisory Group dropped their price objective on shares of Home Depot from $435.00 to $410.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 20th. DA Davidson dropped their price objective on shares of Home Depot from $445.00 to $377.00 and set a “buy” rating on the stock in a research note on Tuesday, May 19th. Citigroup dropped their price objective on shares of Home Depot from $450.00 to $400.00 and set a “buy” rating on the stock in a research note on Tuesday, May 12th. Finally, Oppenheimer dropped their price objective on shares of Home Depot from $405.00 to $310.00 and set a “market perform” rating on the stock in a research note on Monday, May 18th. Twenty investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $371.39.

Home Depot Company Profile

The Home Depot, Inc (NYSE: HD) is a leading home improvement retailer that operates large-format stores and an integrated online platform offering a broad range of products and services for do-it-yourself consumers, professional contractors and businesses. The company was founded in 1978 by Bernard Marcus and Arthur Blank and is headquartered in Atlanta, Georgia. Since opening its first stores at the end of the 1970s, Home Depot has grown into a multinational retailer known for its orange-branded stores and wide assortment of home improvement merchandise.

Home Depot’s core business includes the sale of building materials, lumber, tools, hardware, appliances, paint, plumbing and electrical supplies, lawn and garden products, and home décor.