Hamilton Capital LLC Makes New Investment in The Home Depot, Inc. $HD

Hamilton Capital LLC acquired a new stake in shares of The Home Depot, Inc. (NYSE:HD) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 2,320 shares of the home improvement retailer’s stock, valued at approximately $818,000.

Other hedge funds have also modified their holdings of the company. Parvin Asset Management LLC grew its position 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 valued at $26,000 after acquiring an additional 33 shares during the period. Zeit Capital LLC bought a new position in shares of Home Depot during the second quarter valued at $26,000. Advocate Investing Services LLC acquired a new stake in shares of Home Depot in the 4th quarter valued at $25,000. Cache Advisors LLC bought a new stake in shares of Home Depot in the 1st quarter worth about $27,000. Finally, Imprint Wealth LLC acquired a new stake in shares of Home Depot during the 3rd quarter worth about $34,000. 70.86% of the stock is owned by institutional investors and hedge funds.

Home Depot Price Performance

HD opened at $319.70 on Wednesday. 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 stock has a market capitalization of $318.96 billion, a P/E ratio of 22.37, a price-to-earnings-growth ratio of 3.61 and a beta of 0.96. The company’s 50 day simple moving average is $340.90 and its 200-day simple moving average is $337.53. The Home Depot, Inc. has a one year low of $289.10 and a one year high of $426.75.

Home Depot (NYSE:HD) last posted its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share for the quarter, topping the consensus estimate of $4.73 by $0.19. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The firm had revenue of $47.86 billion during the quarter, compared to analysts’ expectations of $47.24 billion. During the same quarter in the previous year, the company posted $4.68 EPS. Home Depot’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. Sell-side analysts anticipate that The Home Depot, Inc. will post 15 earnings per share for the current fiscal year.

Home Depot Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be given a dividend of $2.33 per share. The ex-dividend date is Thursday, September 3rd. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.9%. Home Depot’s payout ratio is presently 65.22%.

Insider Activity

In other Home Depot news, CFO Richard V. Mcphail sold 5,989 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $348.40, for a total value of $2,086,567.60. Following the transaction, the chief financial officer directly owned 48,104 shares of the company’s stock, valued at approximately $16,759,433.60. This trade represents a 11.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Teresa Wynn Roseborough sold 2,455 shares of Home Depot stock in a transaction on Friday, August 28th. The stock was sold at an average price of $328.77, for a total transaction of $807,130.35. Following the sale, the executive vice president directly owned 14,061 shares of the company’s stock, valued at $4,622,834.97. This represents a 14.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 9,154 shares of company stock valued at $3,132,798 over the last 90 days. 0.08% of the stock is owned by company insiders.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: Home Depot is expanding its AI-powered Magic Apron tools across all U.S. stores. The technology provides localized product searches and project assistance, potentially improving customer engagement and supporting the company’s “Pro” growth strategy. Some analysis estimates the stock could be roughly 15% undervalued if that growth narrative gains traction. Home Depot Could Be 15% Undervalued On Its Pro Growth Narrative
• Positive Sentiment: The retailer’s latest quarterly results exceeded expectations, with earnings of $4.92 per share versus the $4.73 consensus and revenue of $47.86 billion, up 5.7% year over year. Analysts maintain a “Moderate Buy” consensus rating and an average price target above the current trading level.
• Positive Sentiment: Home Depot is scheduled to pay a quarterly dividend of $2.33 per share on September 17 to shareholders of record on September 3. The annualized dividend is $9.32, representing a yield of approximately 2.8%.
• Neutral Sentiment: Chief Financial Officer Richard McPhail and merchandising executive Billy Bastek will present at the Goldman Sachs Global Consumer and Retail Conference on September 15. Investors may look for updated commentary on demand, housing trends, and the professional business. The Home Depot to Present at the Goldman Sachs Global Consumer and Retail Conference
• Negative Sentiment: High mortgage rates continue to discourage homeowners from moving, with the probability of changing residences reaching a record-low 13.5%. Home Depot reportedly sees “no sign” of a housing-market turnaround, which weighs on renovation and big-ticket project demand. Americans Stop Moving as Mortgage Lock-In Persists
• Negative Sentiment: DIY demand remains weak as consumers defer larger home-improvement projects. Digital sales, broader category gains, and higher big-ticket sales provide some offset, but continued consumer caution is a near-term concern. Home Depot Faces Weak DIY Demand
• Negative Sentiment: Executive Vice President Teresa Wynn Roseborough sold 2,455 shares valued at approximately $807,000, reducing her direct ownership by 14.86%. While a single insider sale does not establish a trend, it may add modest pressure to investor sentiment. Teresa Wynn Roseborough Sells Shares of Home Depot

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. KeyCorp restated a “sector weight” rating on shares of Home Depot in a research report on Wednesday, August 19th. TD Cowen reiterated a “buy” rating on shares of Home Depot in a research note on Monday, August 10th. UBS Group reduced their target price on Home Depot from $430.00 to $420.00 and set a “buy” rating on the stock in a report on Wednesday, August 19th. Mizuho increased their price target on Home Depot from $385.00 to $390.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 19th. Finally, Stifel Nicolaus raised their price target on Home Depot from $320.00 to $340.00 and gave the company a “hold” rating in a report on Monday, August 17th. Eighteen 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 stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $375.54.

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.