The Home Depot, Inc. $HD is Prospector Partners LLC’s 7th Largest Position

Prospector Partners LLC lowered its position in shares of The Home Depot, Inc. (NYSE:HD) by 62.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,849 shares of the home improvement retailer’s stock after selling 18,291 shares during the period. Home Depot comprises about 8.0% of Prospector Partners LLC’s investment portfolio, making the stock its 7th biggest holding. Prospector Partners LLC’s holdings in Home Depot were worth $3,733,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Curio Wealth LLC boosted its position in Home Depot by 13.5% during the 4th quarter. Curio Wealth LLC now owns 218 shares of the home improvement retailer’s stock valued at $76,000 after buying an additional 26 shares during the period. Westfuller Advisors LLC lifted its position in shares of Home Depot by 2.1% in the 4th quarter. Westfuller Advisors LLC now owns 1,325 shares of the home improvement retailer’s stock worth $456,000 after purchasing an additional 27 shares during the period. Darwin Wealth Management LLC lifted its position in shares of Home Depot by 0.5% in the 4th quarter. Darwin Wealth Management LLC now owns 4,949 shares of the home improvement retailer’s stock worth $1,703,000 after purchasing an additional 27 shares during the period. Alesco Advisors LLC lifted its position in shares of Home Depot by 3.2% in the 4th quarter. Alesco Advisors LLC now owns 866 shares of the home improvement retailer’s stock worth $298,000 after purchasing an additional 27 shares during the period. Finally, Canandaigua National Trust Co of Florida lifted its position in shares of Home Depot by 1.3% in 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 purchasing an additional 27 shares during the period. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Home Depot Stock Down 0.0%

Shares of Home Depot stock opened at $328.37 on Monday. The company has a debt-to-equity ratio of 3.23, a current ratio of 1.04 and a quick ratio of 0.28. The company has a 50-day moving average of $322.44 and a 200 day moving average of $347.12. The firm has a market cap of $327.42 billion, a price-to-earnings ratio of 23.32, a PEG ratio of 3.79 and a beta of 0.97. The Home Depot, Inc. has a 1 year low of $289.10 and a 1 year high of $426.75.

Home Depot (NYSE:HD) last issued its quarterly earnings results on Tuesday, May 19th. The home improvement retailer reported $3.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.41 by $0.02. The company had revenue of $41.77 billion during the quarter, compared to analyst estimates of $41.59 billion. Home Depot had a net margin of 8.41% and a return on equity of 117.24%. Home Depot’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same period last year, the business earned $3.56 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, sell-side analysts anticipate that The Home Depot, Inc. will post 15.01 earnings per share for the current fiscal year.

Home Depot Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be paid a $2.33 dividend. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Thursday, June 4th. Home Depot’s dividend payout ratio (DPR) is presently 66.19%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on HD shares. Royal Bank Of Canada dropped their target price on shares of Home Depot from $377.00 to $340.00 and set a “sector perform” rating for the company in a research report on Wednesday, May 20th. Wolfe Research reaffirmed an “outperform” rating and issued a $365.00 target price on shares of Home Depot in a research report on Tuesday, May 19th. Bank of America started coverage on shares of Home Depot in a research report on Tuesday, May 5th. They issued a “buy” rating and a $374.00 target price for the company. Morgan Stanley dropped their target price on shares of Home Depot from $420.00 to $400.00 and set an “overweight” rating for the company in a research report on Wednesday, May 20th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $346.00 target price on shares of Home Depot in a research report on Wednesday, May 20th. Nineteen research 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. According to MarketBeat.com, Home Depot has an average rating of “Moderate Buy” and an average price target of $371.71.

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.