Signal Advisors Wealth LLC increased its holdings in shares of The Home Depot, Inc. (NYSE:HD – Free Report) by 41.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,318 shares of the home improvement retailer’s stock after purchasing an additional 2,429 shares during the period. Signal Advisors Wealth LLC’s holdings in Home Depot were worth $2,736,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Gator Capital Management LLC purchased a new position in shares of Home Depot in the 4th quarter valued at approximately $3,693,000. King Luther Capital Management Corp raised its stake in shares of Home Depot by 0.6% during the fourth quarter. King Luther Capital Management Corp now owns 1,240,478 shares of the home improvement retailer’s stock worth $426,848,000 after purchasing an additional 7,180 shares during the last quarter. Carnegie Investment Counsel raised its stake in shares of Home Depot by 24.8% during the fourth quarter. Carnegie Investment Counsel now owns 108,306 shares of the home improvement retailer’s stock worth $37,268,000 after purchasing an additional 21,545 shares during the last quarter. Savvy Advisors Inc. lifted its holdings in shares of Home Depot by 36.0% during the fourth quarter. Savvy Advisors Inc. now owns 19,478 shares of the home improvement retailer’s stock worth $6,703,000 after purchasing an additional 5,152 shares during the period. Finally, Mariner LLC lifted its holdings in shares of Home Depot by 3.7% during the third quarter. Mariner LLC now owns 1,136,584 shares of the home improvement retailer’s stock worth $460,544,000 after purchasing an additional 40,693 shares during the period. 70.86% of the stock is owned by hedge funds and other institutional investors.
Home Depot Trading Up 5.4%
NYSE:HD opened at $341.83 on Thursday. The stock has a fifty day moving average price of $322.76 and a two-hundred day moving average price of $345.83. The stock has a market capitalization of $340.84 billion, a price-to-earnings ratio of 24.28, a PEG ratio of 3.75 and a beta of 0.97. 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 1 year low of $289.10 and a 1 year high of $426.75.
Home Depot Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were paid a $2.33 dividend. The ex-dividend date was Thursday, June 4th. This represents a $9.32 annualized dividend and a dividend yield of 2.7%. Home Depot’s dividend payout ratio (DPR) is 66.19%.
Analysts Set New Price Targets
Several equities analysts have issued reports on HD shares. Morgan Stanley dropped their price objective on shares of Home Depot from $420.00 to $400.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 20th. HSBC reduced their target price on shares of Home Depot from $392.00 to $310.00 and set a “hold” rating for the company in a research note on Wednesday, May 20th. DA Davidson lowered their target price on shares of Home Depot from $445.00 to $377.00 and set a “buy” rating on the stock in a report on Tuesday, May 19th. JPMorgan Chase & Co. dropped their price target on shares of Home Depot from $423.00 to $396.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 20th. Finally, Gordon Haskett increased their price target on shares of Home Depot from $320.00 to $330.00 in a report on Friday, June 12th. Eighteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $371.71.
Get Our Latest Analysis on Home Depot
Key Headlines Impacting Home Depot
Here are the key news stories impacting Home Depot this week:
- Positive Sentiment: Home Depot is continuing to invest in AI tools for shoppers and store employees, which could improve customer experience, labor efficiency, and long-term operating performance. How Home Depot is rebuilding retailing with AI
- Positive Sentiment: Management reaffirmed full-year guidance and said comparable sales have moved back into positive territory, reinforcing the view that underlying demand is holding up despite a soft housing market. Prediction: Home Depot Will Hit $400 on This Date
- Neutral Sentiment: Analysts still generally rate Home Depot as a moderate buy, suggesting Wall Street remains constructive overall even after recent volatility. The Home Depot, Inc. Receives Average Recommendation of “Moderate Buy” from Analysts
- Negative Sentiment: Wolfe Research downgraded Home Depot to Peer Perform from a more bullish view, which likely pressured the stock by signaling less near-term upside. Wolfe Research upgrades Target to Top Pick, downgrades Home Depot and Five Below
- Negative Sentiment: TipRanks highlighted the stock’s pullback after the Wolfe Research downgrade, underscoring that the recent move appears tied more to analyst sentiment than to a major operational setback. Why Is Home Depot (HD) Stock Falling Today, 6/23/2026?
Home Depot 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.
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