Capitolis Liquid Global Markets LLC Grows Position in The Home Depot, Inc. $HD

Capitolis Liquid Global Markets LLC lifted its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 964.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 289,517 shares of the home improvement retailer’s stock after purchasing an additional 262,317 shares during the quarter. Capitolis Liquid Global Markets LLC’s holdings in Home Depot were worth $99,623,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in Home Depot by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 99,635,779 shares of the home improvement retailer’s stock valued at $34,284,672,000 after acquiring an additional 1,325,748 shares during the period. State Street Corp boosted its holdings in Home Depot by 1.8% during the 4th quarter. State Street Corp now owns 46,925,342 shares of the home improvement retailer’s stock valued at $16,147,010,000 after acquiring an additional 825,164 shares during the period. Geode Capital Management LLC boosted its holdings in Home Depot by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 23,756,142 shares of the home improvement retailer’s stock valued at $8,151,344,000 after acquiring an additional 343,153 shares during the period. Bank of America Corp DE boosted its holdings in Home Depot by 5.6% during the 4th quarter. Bank of America Corp DE now owns 16,063,532 shares of the home improvement retailer’s stock valued at $5,527,461,000 after acquiring an additional 851,029 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Home Depot by 7.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 15,471,132 shares of the home improvement retailer’s stock valued at $5,323,620,000 after acquiring an additional 1,113,114 shares during the period. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

Home Depot Price Performance

HD stock opened at $327.69 on Thursday. The company has a debt-to-equity ratio of 3.23, a current ratio of 1.04 and a quick ratio of 0.28. The firm has a market capitalization of $326.74 billion, a P/E ratio of 23.27, a P/E/G ratio of 3.89 and a beta of 0.97. The business’s 50-day moving average is $322.94 and its two-hundred day moving average is $346.63. The Home Depot, Inc. has a 1 year low of $289.10 and a 1 year high of $426.75.

Home Depot (NYSE:HD) last issued its earnings results 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 return on equity of 117.24% and a net margin of 8.41%.The business had revenue of $41.77 billion for the quarter, compared to analyst estimates of $41.59 billion. During the same quarter last year, the company earned $3.56 EPS. The business’s quarterly 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. Analysts anticipate that The Home Depot, Inc. will post 15.01 earnings per share for the current fiscal year.

Home Depot Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be given a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Thursday, June 4th. Home Depot’s dividend payout ratio (DPR) is 66.19%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Stifel Nicolaus lowered their target price on Home Depot from $375.00 to $320.00 and set a “hold” rating for the company in a report on Monday, May 18th. BNP Paribas Exane lowered 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. Royal Bank Of Canada lowered their target price on Home Depot from $377.00 to $340.00 and set a “sector perform” rating for the company in a report on Wednesday, May 20th. Sanford C. Bernstein restated a “market perform” rating and set a $346.00 target price on shares of Home Depot in a report on Wednesday, May 20th. Finally, Robert W. Baird lowered their target price on Home Depot from $430.00 to $380.00 and set an “outperform” rating for the company in a report on Wednesday, May 20th. Nineteen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price 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.