Oxford Financial Group LTD. LLC Acquires Shares of 2,419 The Home Depot, Inc. $HD

Oxford Financial Group LTD. LLC bought a new position in shares of The Home Depot, Inc. (NYSE:HDFree Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 2,419 shares of the home improvement retailer’s stock, valued at approximately $853,000.

Several other large investors have also recently modified their holdings of HD. Curio Wealth LLC boosted its holdings in Home Depot by 13.5% in the 4th quarter. Curio Wealth LLC now owns 218 shares of the home improvement retailer’s stock worth $76,000 after buying an additional 26 shares during the period. Canandaigua National Trust Co of Florida grew its stake in 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 buying an additional 27 shares in the last quarter. Moneco Advisors LLC raised its holdings in Home Depot by 0.3% during the 4th quarter. Moneco Advisors LLC now owns 8,743 shares of the home improvement retailer’s stock valued at $3,008,000 after acquiring an additional 27 shares during the period. Noesis Capital Mangement Corp lifted its position in shares of Home Depot by 1.5% during the fourth quarter. Noesis Capital Mangement Corp now owns 1,770 shares of the home improvement retailer’s stock worth $609,000 after acquiring an additional 27 shares in the last quarter. Finally, Eubel Brady & Suttman Asset Management Inc. lifted its position in shares of Home Depot by 1.3% during the fourth quarter. Eubel Brady & Suttman Asset Management Inc. now owns 2,130 shares of the home improvement retailer’s stock worth $733,000 after acquiring an additional 27 shares in the last quarter. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on HD. Gordon Haskett lifted their price target on Home Depot from $320.00 to $330.00 in a research report on Friday, June 12th. Oppenheimer cut their target price on Home Depot from $405.00 to $310.00 and set a “market perform” rating for the company in a research note on Monday, May 18th. BNP Paribas Exane reduced their target price on Home Depot from $348.00 to $325.00 and set a “neutral” rating for the company in a report on Tuesday, May 19th. Wolfe Research cut Home Depot from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, June 23rd. Finally, Wall Street Zen raised shares of Home Depot from a “sell” rating to a “hold” rating in a report on Tuesday, June 2nd. Eighteen research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $375.54.

Read Our Latest Stock Analysis on Home Depot

Home Depot Stock Performance

Home Depot stock opened at $328.80 on Friday. The firm has a fifty day simple moving average of $341.07 and a two-hundred day simple moving average of $338.82. The company has a quick ratio of 0.31, a current ratio of 1.08 and a debt-to-equity ratio of 2.64. The Home Depot, Inc. has a twelve month low of $289.10 and a twelve month high of $426.75. The company has a market capitalization of $328.04 billion, a PE ratio of 23.01, a P/E/G ratio of 3.69 and a beta of 0.95.

Home Depot (NYSE:HDGet Free Report) last announced its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.73 by $0.19. The firm had revenue of $47.86 billion for the quarter, compared to analysts’ expectations of $47.24 billion. Home Depot had a return on equity of 106.42% and a net margin of 8.41%.The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period last year, the firm earned $4.68 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Research analysts expect that The Home Depot, Inc. will post 14.99 EPS for the current year.

Home Depot Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, September 3rd will be given a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a yield of 2.8%. The ex-dividend date is Thursday, September 3rd. Home Depot’s dividend payout ratio (DPR) is presently 65.22%.

More Home Depot News

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

  • Positive Sentiment: Home Depot expanded its Magic Apron AI assistant to all U.S. stores. The tool provides localized product information, project guidance and store navigation through text, voice, images and multiple languages. With millions of questions handled monthly, the rollout could improve customer service, associate productivity and sales conversion. The Home Depot Expands Magic Apron to Deliver Personalized and Localized In-Store Guidance
  • Positive Sentiment: Recent analysis argues that Home Depot is showing its clearest turnaround signal in roughly two years. Analysts remain generally constructive, while the company’s recent quarterly results showed revenue growth and earnings above expectations, potentially positioning HD to benefit disproportionately when housing and remodeling demand recover. Prediction: Home Depot’s Turnaround Could Be Bigger Than Investors Expect
  • Positive Sentiment: A comparison with Lowe’s suggests Home Depot may be the stronger housing-recovery play, with its scale, professional-customer exposure and strategic execution differentiating it in a frozen housing market. Home Depot vs. Lowe’s: One Housing Recovery Play Stands Out
  • Neutral Sentiment: Home Depot beat second-quarter estimates, but coverage highlights a $685 million tariff refund. Because the refund may be a one-time benefit rather than recurring operating improvement, investors may be discounting part of the earnings upside. Home Depot Beat Q2 Estimates. What Did the $685M Tariff Refund Change?
  • Negative Sentiment: Executive Vice President Michael F. Rowe sold 710 shares worth approximately $239,100, reducing his direct holdings by 9.4%. The transaction is relatively small and may be routine, but insider selling can add modest sentiment pressure. SEC Insider Transaction Filing

Insider Buying and Selling

In other news, CFO Richard V. Mcphail sold 5,989 shares of the stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total transaction of $2,086,567.60. Following the completion of the sale, the chief financial officer owned 48,104 shares of the company’s stock, valued at approximately $16,759,433.60. This represents a 11.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Michael F. Rowe sold 710 shares of the firm’s stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $336.76, for a total transaction of $239,099.60. Following the completion of the transaction, the executive vice president owned 6,838 shares in the company, valued at $2,302,764.88. This represents a 9.41% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.08% of the stock is owned by insiders.

Home Depot Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Home Depot (NYSE:HD)

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