Bluedoor Private Wealth LLC Invests $827,000 in The Home Depot, Inc. $HD

Bluedoor Private Wealth LLC bought a new position in The Home Depot, Inc. (NYSE:HD) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 2,404 shares of the home improvement retailer’s stock, valued at approximately $827,000.

Several other hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. raised its stake 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. State Street Corp raised its stake in Home Depot by 1.8% during the fourth quarter. State Street Corp now owns 46,925,342 shares of the home improvement retailer’s stock valued at $16,147,010,000 after purchasing an additional 825,164 shares in the last quarter. Geode Capital Management LLC raised its stake in Home Depot by 1.5% during 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 purchasing an additional 343,153 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in Home Depot by 7.8% during the fourth 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 purchasing an additional 1,113,114 shares in the last quarter. Finally, Norges Bank purchased a new stake in Home Depot during the fourth quarter valued at $4,850,329,000. Hedge funds and other institutional investors own 70.86% of the company’s stock.

More Home Depot News

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

• Positive Sentiment: Analysts and market articles are highlighting signs of a potential turnaround in Home Depot’s FY26 outlook, citing positive comparable sales, stronger Pro demand, and digital growth as evidence that operations may be improving. Article: Home Depot’s FY26 Earnings Outlook: Signs of a Turnaround?
• Positive Sentiment: Coverage focused on Home Depot’s push into the Pro market says acquisitions like SRS Distribution and Mingledorff’s could broaden its earnings mix and create a stronger long-term growth engine beyond traditional big-box retail. Article: Home Depot’s Pro Pivot Reshapes Growth Potential And Earnings Mix
• Positive Sentiment: Several pieces argue that HD may have meaningful upside over the next few years, including a forecast that the shares could reach $450 by 2028 if the company continues executing well and demand improves. Article: Home Depot Shares to Hit $450 in 2028? Here’s the Math
• Neutral Sentiment: Commentary asking whether Home Depot is a buy, sell, or hold after Q1 earnings suggests investors are still weighing the company’s solid execution against housing-market pressure and softer discretionary spending. Article: Home Depot (HD): Buy, sell, or hold post Q1 earnings?
• Neutral Sentiment: Additional articles about Home Depot’s dividend history and stock-screening mentions are largely informational and unlikely to move the stock much on their own. Article: Home Depot or Lowe’s: 1 Has Raised Its Dividend for 50+ Years. The Other Pays More Now
• Negative Sentiment: Some coverage still notes that housing affordability pressure, consumer uncertainty, and weaker discretionary demand remain headwinds that could limit near-term sales growth for HD. Article: Promising Home Improvement Stocks To Consider – June 12th

Home Depot Trading Up 0.5%

Shares of HD opened at $330.00 on Tuesday. The company’s fifty day simple moving average is $322.61 and its 200-day simple moving average is $346.97. The company has a current ratio of 1.04, a quick ratio of 0.28 and a debt-to-equity ratio of 3.23. The company has a market cap of $329.05 billion, a P/E ratio of 23.44, a P/E/G ratio of 3.79 and a beta of 0.97. The Home Depot, Inc. has a twelve month low of $289.10 and a twelve month high of $426.75.

Home Depot (NYSE:HD) last posted its quarterly earnings results on Tuesday, May 19th. The home improvement retailer reported $3.43 EPS for the quarter, topping analysts’ consensus estimates of $3.41 by $0.02. The firm had revenue of $41.77 billion for the quarter, compared to analysts’ expectations of $41.59 billion. Home Depot had a net margin of 8.41% and a return on equity of 117.24%. The business’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same period in the prior year, the business posted $3.56 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, analysts expect that The Home Depot, Inc. will post 15.01 EPS for the current year.

Home Depot Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be issued a $2.33 dividend. The ex-dividend date is Thursday, June 4th. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.8%. Home Depot’s dividend payout ratio is presently 66.19%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on HD shares. Daiwa Securities Group upped their price target on shares of Home Depot from $360.00 to $390.00 and gave the company a “neutral” rating in a research note on Thursday, February 26th. Weiss Ratings raised shares of Home Depot from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, June 9th. Mizuho reduced their target price on shares of Home Depot from $415.00 to $385.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 20th. Wall Street Zen raised shares of Home Depot from a “sell” rating to a “hold” rating in a research note on Tuesday, June 2nd. Finally, Sanford C. Bernstein reissued 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 research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Home Depot currently has a consensus rating of “Moderate Buy” and a consensus price target 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.