Moody Lynn Lieberson & Walker LLC Sells 4,425 Shares of The Home Depot, Inc. $HD

Moody Lynn Lieberson & Walker LLC lowered its position in shares of The Home Depot, Inc. (NYSE:HD) by 6.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 63,531 shares of the home improvement retailer’s stock after selling 4,425 shares during the quarter. Home Depot comprises 1.2% of Moody Lynn Lieberson & Walker LLC’s investment portfolio, making the stock its 23rd biggest holding. Moody Lynn Lieberson & Walker LLC’s holdings in Home Depot were worth $22,406,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Advocate Investing Services LLC bought a new stake in shares of Home Depot during the 4th quarter valued at about $25,000. Parvin Asset Management LLC increased its holdings in Home Depot by 110.0% in the third quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock worth $26,000 after purchasing an additional 33 shares in the last quarter. Cache Advisors LLC bought a new stake in Home Depot in the first quarter worth approximately $27,000. Key Capital Management INC acquired a new position in Home Depot in the fourth quarter valued at approximately $28,000. Finally, Merkkuri Wealth Advisors LLC bought a new position in shares of Home Depot during the 1st quarter worth approximately $28,000. 70.86% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Robert W. Baird lowered their price objective on shares of Home Depot from $430.00 to $380.00 and set an “outperform” rating for the company in a research note on Wednesday, May 20th. Mizuho cut their target price on shares of Home Depot from $415.00 to $385.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 20th. Bank of America started coverage on shares of Home Depot in a report on Tuesday, May 5th. They issued a “buy” rating and a $374.00 price target for the company. Guggenheim reaffirmed a “buy” rating and issued a $425.00 price target on shares of Home Depot in a research note on Monday, July 20th. Finally, Oppenheimer cut 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 report on Monday, May 18th. Eighteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $373.18.

Key Stories Impacting Home Depot

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

• Positive Sentiment: Wells Fargo raised its price target for Home Depot (HD) to $400, indicating potential upside from current levels. Wells Fargo Raises Home Depot Price Target
• Positive Sentiment: Analysts at Zacks see a possibility that Home Depot will again exceed earnings expectations, citing its history of positive surprises and favorable earnings indicators. Estimates for the upcoming quarter call for approximately $4.73 in earnings per share and $47.24 billion in revenue. Home Depot Earnings Surprise Outlook
• Positive Sentiment: The bankruptcy filing of a smaller hardware rival could modestly benefit Home Depot by reducing competition, although the broader home-improvement market remains pressured by weak housing activity and cautious renovation spending. Hardware Rival Files for Bankruptcy
• Neutral Sentiment: Wall Street is focused on Home Depot’s second-quarter operating metrics beyond revenue and earnings, including customer traffic, comparable-store sales, margins and guidance for the remainder of fiscal 2026. Home Depot Q2 Key Metrics Preview
• Negative Sentiment: CEO, Chair and President Ted Decker is taking a temporary medical leave expected to last several months. CFO Richard McPhail and Executive Vice President Ann-Marie Campbell will oversee the company, but the timing—just days before earnings—adds leadership uncertainty and could amplify the market’s reaction to guidance. Home Depot CEO Medical Leave
• Negative Sentiment: Rising fuel costs may pressure consumers and increase transportation and operating expenses across retail, while the sluggish housing market continues to delay larger do-it-yourself and professional renovation projects. Rising Fuel Costs and Home Depot
• Negative Sentiment: Bernstein maintained a Hold rating, and some analysts argue the stock is already priced for a housing and consumer-spending recovery ahead of confirmation in the upcoming report. Bernstein Maintains Hold Rating

Home Depot Price Performance

Shares of HD opened at $341.39 on Friday. The stock has a market cap of $340.41 billion, a P/E ratio of 24.25, a P/E/G ratio of 4.13 and a beta of 0.95. The business’s fifty day moving average is $338.62 and its 200 day moving average is $341.87. 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 12-month low of $289.10 and a 12-month high of $426.75.

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

Home Depot Dividend Announcement

The firm also recently declared 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 of this dividend was Thursday, June 4th. This represents a $9.32 annualized dividend and a yield of 2.7%. Home Depot’s dividend payout ratio (DPR) is presently 66.19%.

About Home Depot

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.