Mill Capital Management LLC Buys Shares of 7,300 The Home Depot, Inc. $HD

Mill Capital Management LLC purchased a new stake in shares of The Home Depot, Inc. (NYSE:HD) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 7,300 shares of the home improvement retailer’s stock, valued at approximately $2,575,000.

Other institutional investors have also modified their holdings of the company. Gator Capital Management LLC acquired a new position in shares of Home Depot during the fourth quarter worth approximately $3,693,000. King Luther Capital Management Corp increased its position in Home Depot by 0.6% in the 4th quarter. King Luther Capital Management Corp now owns 1,240,478 shares of the home improvement retailer’s stock valued at $426,848,000 after acquiring an additional 7,180 shares during the period. Thompson Siegel & Walmsley LLC raised its stake in Home Depot by 320.4% during the 4th quarter. Thompson Siegel & Walmsley LLC now owns 11,292 shares of the home improvement retailer’s stock valued at $3,886,000 after acquiring an additional 8,606 shares in the last quarter. Capital International Inc. CA raised its stake in Home Depot by 4.3% during the 4th quarter. Capital International Inc. CA now owns 150,368 shares of the home improvement retailer’s stock valued at $51,742,000 after acquiring an additional 6,187 shares in the last quarter. Finally, Sarasin & Partners LLP boosted its position in Home Depot by 4.0% during the 2nd quarter. Sarasin & Partners LLP now owns 687,219 shares of the home improvement retailer’s stock worth $242,368,000 after acquiring an additional 26,357 shares during the period. Institutional investors own 70.86% of the company’s stock.

Insiders Place Their Bets

In other news, CFO Richard V. Mcphail sold 5,989 shares of the firm’s 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 transaction, the chief financial officer owned 48,104 shares in the company, valued at approximately $16,759,433.60. This trade represents a 11.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.08% of the company’s stock.

Analysts Set New Price Targets

HD has been the subject of several recent analyst reports. Guggenheim reissued a “buy” rating and issued a $425.00 price target on shares of Home Depot in a research note on Wednesday. Piper Sandler cut their price objective on shares of Home Depot from $422.00 to $421.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 20th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $354.00 price objective on shares of Home Depot in a report on Wednesday. Wall Street Zen upgraded shares of Home Depot from a “sell” rating to a “hold” rating in a research report on Tuesday, June 2nd. Finally, Stifel Nicolaus raised their target price on shares of Home Depot from $320.00 to $340.00 and gave the company a “hold” rating in a research note on Monday, August 17th. Eighteen investment 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. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $375.54.

Key Home Depot News

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

• Positive Sentiment: Home Depot’s latest quarter showed solid execution: earnings and revenue exceeded consensus estimates, while sales increased year over year. Bank of America characterized the results as resilient despite a difficult housing backdrop. Home Depot Q2 results analysis
• Positive Sentiment: The board declared a quarterly dividend of $2.33 per share, payable September 17 to shareholders of record September 3. The annualized payout implies a yield of approximately 2.8%, supporting the stock’s income appeal. Home Depot declares quarterly dividend
• Positive Sentiment: DA Davidson, Argus and Guggenheim reiterated or assigned “Buy” ratings, indicating continued confidence in Home Depot’s long-term positioning. The company is also expanding nationwide express delivery to make smaller projects more convenient for cautious consumers. DA Davidson buy rating Home Depot expands express delivery
• Neutral Sentiment: Royal Bank of Canada lowered its price target to $342, while KeyCorp maintained a Sector Weight rating. The mixed recommendations suggest limited near-term upside despite the earnings beat. RBC lowers Home Depot price target
• Neutral Sentiment: Home Depot expanded executive responsibilities and awarded restricted stock, changes intended to support leadership continuity but with no immediate earnings impact. Home Depot executive changes
• Negative Sentiment: Reports highlight margin pressure and an uphill sales environment as customers delay or reduce spending on major renovations. This could constrain comparable sales and profitability even after the recent quarterly beat. Home Depot margin pressure Home Depot customer spending concerns
• Negative Sentiment: CFO Richard McPhail sold 5,989 shares worth approximately $2.1 million, reducing his position by 11.1%. While insider sales do not necessarily signal deteriorating fundamentals, the transaction may weigh modestly on sentiment. Home Depot CFO stock sale

Home Depot Stock Up 0.5%

Shares of HD stock opened at $336.04 on Friday. The Home Depot, Inc. has a 1 year low of $289.10 and a 1 year high of $426.75. The stock has a market cap of $335.07 billion, a PE ratio of 23.52, a price-to-earnings-growth ratio of 3.68 and a beta of 0.95. The business’s fifty day moving average is $340.86 and its 200-day moving average is $340.46. The company has a debt-to-equity ratio of 2.64, a quick ratio of 0.28 and a current ratio of 1.08.

Home Depot (NYSE:HD) last announced its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share for the quarter, beating the consensus estimate of $4.73 by $0.19. The business had revenue of $47.86 billion during the quarter, compared to analyst estimates 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 was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.68 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Equities analysts expect that The Home Depot, Inc. will post 14.99 earnings per share for the current fiscal year.

Home Depot Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be issued a $2.33 dividend. This represents a $9.32 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Thursday, September 3rd. Home Depot’s dividend payout ratio is presently 65.22%.

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.