EJMK Ventures LLC Acquires Shares of 1,762 The Home Depot, Inc. $HD

EJMK Ventures LLC bought a new stake in The Home Depot, Inc. (NYSE:HD) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 1,762 shares of the home improvement retailer’s stock, valued at approximately $606,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in HD. Curio Wealth LLC boosted its holdings in Home Depot by 13.5% in the fourth quarter. Curio Wealth LLC now owns 218 shares of the home improvement retailer’s stock valued at $76,000 after acquiring an additional 26 shares during the last quarter. Westfuller Advisors LLC raised its holdings in 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 purchasing an additional 27 shares during the last quarter. Darwin Wealth Management LLC raised its holdings in 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 purchasing an additional 27 shares during the last quarter. Alesco Advisors LLC lifted its position in Home Depot by 3.2% during the 4th quarter. Alesco Advisors LLC now owns 866 shares of the home improvement retailer’s stock valued at $298,000 after purchasing an additional 27 shares during the period. Finally, Canandaigua National Trust Co of Florida boosted its stake 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 valued at $749,000 after purchasing an additional 27 shares during the last quarter. Institutional investors own 70.86% of the company’s stock.

Home Depot Stock Up 0.1%

Shares of NYSE HD opened at $334.72 on Friday. The stock has a market cap of $333.75 billion, a P/E ratio of 23.77, a P/E/G ratio of 3.86 and a beta of 0.97. The firm has a 50 day moving average price of $323.24 and a 200 day moving average price of $346.39. The company has a debt-to-equity ratio of 3.23, a quick ratio of 0.28 and a current ratio of 1.04. The Home Depot, Inc. has a 52-week low of $289.10 and a 52-week high of $426.75.

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

Home Depot Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were given a $2.33 dividend. The ex-dividend date was Thursday, June 4th. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.8%. Home Depot’s dividend payout ratio is currently 66.19%.

Analysts Set New Price Targets

Several brokerages have recently commented on HD. UBS Group lowered their price target on shares of Home Depot from $450.00 to $430.00 and set a “buy” rating for the company in a research report on Wednesday, May 20th. Guggenheim reaffirmed a “buy” rating and issued a $425.00 price objective on shares of Home Depot in a research note on Wednesday, May 20th. Gordon Haskett lifted their target price on shares of Home Depot from $320.00 to $330.00 in a report on Friday, June 12th. TD Cowen lowered their target price on shares of Home Depot from $450.00 to $375.00 and set a “buy” rating for the company in a report on Wednesday, May 20th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Home Depot from $423.00 to $396.00 and set an “overweight” rating for the company in a research report on Wednesday, May 20th. Nineteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus 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.