1,730 Shares of The Home Depot, Inc. $HD Acquired by Triton Wealth Management PLLC

Triton Wealth Management PLLC acquired a new stake in The Home Depot, Inc. (NYSE:HD) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 1,730 shares of the home improvement retailer’s stock, valued at approximately $492,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Winning Points Advisors LLC increased its holdings in Home Depot by 1.0% in the 2nd quarter. Winning Points Advisors LLC now owns 2,891 shares of the home improvement retailer’s stock worth $1,020,000 after acquiring an additional 30 shares during the last quarter. Beaird Harris Wealth Management LLC boosted its position in Home Depot by 1.6% during the second quarter. Beaird Harris Wealth Management LLC now owns 1,945 shares of the home improvement retailer’s stock worth $686,000 after purchasing an additional 31 shares during the period. Family Capital Management Inc. boosted its position in Home Depot by 3.4% during the third quarter. Family Capital Management Inc. now owns 949 shares of the home improvement retailer’s stock worth $270,000 after purchasing an additional 31 shares during the period. Poehling Capital Management INC. increased its stake in shares of Home Depot by 3.1% in the second quarter. Poehling Capital Management INC. now owns 1,054 shares of the home improvement retailer’s stock worth $372,000 after purchasing an additional 32 shares in the last quarter. Finally, Cornerstone Wealth Management LLC increased its stake in shares of Home Depot by 0.3% in the second quarter. Cornerstone Wealth Management LLC now owns 11,140 shares of the home improvement retailer’s stock worth $3,929,000 after purchasing an additional 32 shares in the last quarter. 70.86% of the stock is owned by institutional investors.

Home Depot Price Performance

Shares of NYSE:HD opened at $351.09 on Wednesday. The company’s fifty day moving average price is $310.35 and its 200-day moving average price is $333.77. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.08 and a quick ratio of 0.31. The firm has a market capitalization of $350.28 billion, a price-to-earnings ratio of 24.57, a PEG ratio of 2.51 and a beta of 0.93. The Home Depot, Inc. has a one year low of $277.15 and a one year high of $397.63.

Home Depot (NYSE:HD) last announced its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 EPS for the quarter, beating the consensus estimate of $4.73 by $0.19. Home Depot had a return on equity of 106.42% and a net margin of 8.41%. The firm had revenue of $47.86 billion for the quarter, compared to analyst estimates of $47.24 billion. During the same period in the prior year, the company earned $4.68 EPS. The company’s revenue was up 5.7% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, equities research analysts anticipate that The Home Depot, Inc. will post 15.01 earnings per share for the current fiscal year.

Home Depot Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd were given a dividend of $2.33 per share. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $9.32 annualized dividend and a yield of 2.7%. Home Depot’s dividend payout ratio is presently 65.22%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on HD. UBS Group reiterated a “buy” rating on shares of Home Depot in a research note on Thursday, September 17th. Wells Fargo & Company increased their target price on Home Depot from $360.00 to $400.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 11th. Stifel Nicolaus cut their price target on Home Depot from $346.00 to $322.00 and set a “hold” rating for the company in a report on Monday, October 26th. Jefferies Financial Group reiterated a “buy” rating and issued a $398.00 price target on shares of Home Depot in a research report on Tuesday, August 18th. Finally, Royal Bank Of Canada decreased their price objective on Home Depot from $343.00 to $342.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 19th. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $375.90.

Key Stories Impacting Home Depot

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

• Positive Sentiment: Home Depot’s reported 1.7% comparable-sales growth, strong professional-customer demand and digital gains suggest the business is holding up despite uneven conditions. Can Home Depot Sustain Comparable Sales Growth Amid Uneven Demand?
• Positive Sentiment: Analyst expectations for earnings growth and a possible upcoming earnings beat could support investor sentiment ahead of the company’s report. Home Depot Reports Next Week: Wall Street Expects Earnings Growth
• Positive Sentiment: JPMorgan raised its price target to $400 and kept an Overweight rating, signaling a more optimistic view of HD’s potential. JPMorgan price-target update
• Neutral Sentiment: Bernstein increased its target to $357 but maintained a Market Perform rating, suggesting limited near-term conviction despite the higher estimate. Bernstein price-target update
• Negative Sentiment: Housing-market pressures and weak transactions remain key risks. One analysis says transactions need to turn positive for a stronger case, tempering the positive signals from comps and Pro demand. Home Depot: Hold Into Q3 Earnings, Transactions Must Turn Positive

Insider Activity

In other news, CFO Richard McPhail sold 5,989 shares of the stock in a transaction dated Wednesday, August 19th. The shares were 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 directly owned 48,104 shares in the company, 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 is accessible through this hyperlink. Also, EVP Teresa Roseborough sold 2,455 shares of Home Depot stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $328.77, for a total value of $807,130.35. Following the completion of the sale, the executive vice president owned 14,061 shares in the company, valued at approximately $4,622,834.97. This represents a 14.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 9,829 shares of company stock worth $3,339,314. 0.08% of the stock is currently owned by corporate insiders.

Home Depot Company Profile

The Home Depot, Inc. is a home improvement retailer serving do-it-yourself customers, professional contractors and other businesses. The company sells building materials, tools, hardware, appliances, paint, flooring, and products for home maintenance, repair and renovation, as well as lawn and garden supplies. In addition to its retail stores and online channels, Home Depot offers services such as product delivery, equipment rental and home improvement installation. The company was founded in 1978 and is headquartered in Atlanta, Georgia.