Fiera Capital Corp Has $10.50 Million Stock Position in The Home Depot, Inc. $HD

Fiera Capital Corp raised its stake in shares of The Home Depot, Inc. (NYSE:HD) by 10.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 30,512 shares of the home improvement retailer’s stock after purchasing an additional 2,888 shares during the quarter. Fiera Capital Corp’s holdings in Home Depot were worth $10,499,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in Home Depot by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 99,635,779 shares of the home improvement retailer’s stock valued at $34,284,672,000 after purchasing an additional 1,325,748 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Home Depot by 1.5% in the fourth 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 last quarter. Norges Bank bought a new position in shares of Home Depot in the fourth quarter valued at approximately $4,850,329,000. Capital World Investors raised its stake in shares of Home Depot by 1.6% in the fourth quarter. Capital World Investors now owns 13,147,117 shares of the home improvement retailer’s stock valued at $4,524,166,000 after acquiring an additional 201,694 shares during the last quarter. Finally, Capital Research Global Investors raised its stake in shares of Home Depot by 0.3% in the third quarter. Capital Research Global Investors now owns 11,400,133 shares of the home improvement retailer’s stock valued at $4,619,229,000 after acquiring an additional 30,739 shares during the last quarter. 70.86% of the stock is owned by institutional investors and hedge funds.

Home Depot Stock Performance

HD stock opened at $309.97 on Tuesday. 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 company has a 50 day moving average price of $322.58 and a 200 day moving average price of $347.48. The Home Depot, Inc. has a fifty-two week low of $289.10 and a fifty-two week high of $426.75. The stock has a market capitalization of $309.08 billion, a PE ratio of 22.02, a price-to-earnings-growth ratio of 3.59 and a beta of 0.97.

Home Depot (NYSE:HD) last posted its quarterly earnings data 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 net margin of 8.41% and a return on equity of 117.24%. The firm had revenue of $41.77 billion during the quarter, compared to analysts’ expectations of $41.59 billion. During the same quarter in the previous year, the company posted $3.56 EPS. Home Depot’s 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 forecast that The Home Depot, Inc. will post 15.01 EPS for the current year.

Home Depot Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be given a $2.33 dividend. This represents a $9.32 annualized dividend and a yield of 3.0%. The ex-dividend date is Thursday, June 4th. Home Depot’s payout ratio is 66.19%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Evercore cut their target price on shares of Home Depot from $415.00 to $400.00 and set an “outperform” rating for the company in a research note on Wednesday, May 20th. Wells Fargo & Company cut their target price on shares of Home Depot from $375.00 to $360.00 and set an “overweight” rating for the company in a research note on Wednesday, May 20th. UBS Group cut their target price on shares of Home Depot from $450.00 to $430.00 and set a “buy” rating for the company in a research note on Wednesday, May 20th. Mizuho cut their target price on shares of Home Depot from $415.00 to $385.00 and set an “outperform” rating for the company in a research note on Wednesday, May 20th. Finally, Sanford C. Bernstein reiterated a “market perform” rating and issued a $346.00 target price on shares of Home Depot in a research note on Wednesday, May 20th. Nineteen equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $371.36.

About Home Depot

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.