2,798 Shares in The Home Depot, Inc. $HD Acquired by Claris Financial LLC

Claris Financial LLC purchased a new stake in The Home Depot, Inc. (NYSE:HD) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 2,798 shares of the home improvement retailer’s stock, valued at approximately $963,000.

Several other institutional investors also recently bought and sold shares of the business. Gator Capital Management LLC purchased a new position in shares of Home Depot in the fourth quarter valued at $3,693,000. King Luther Capital Management Corp raised its holdings in shares of 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 worth $426,848,000 after purchasing an additional 7,180 shares in the last quarter. Carnegie Investment Counsel increased its holdings in shares of Home Depot by 24.8% in the fourth quarter. Carnegie Investment Counsel now owns 108,306 shares of the home improvement retailer’s stock valued at $37,268,000 after buying an additional 21,545 shares in the last quarter. Savvy Advisors Inc. lifted its stake in Home Depot by 36.0% during the fourth quarter. Savvy Advisors Inc. now owns 19,478 shares of the home improvement retailer’s stock valued at $6,703,000 after buying an additional 5,152 shares in the last quarter. Finally, Mariner LLC raised its stake in Home Depot by 3.7% during the 3rd quarter. Mariner LLC now owns 1,136,584 shares of the home improvement retailer’s stock valued at $460,544,000 after purchasing an additional 40,693 shares during the period. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

Home Depot Trading Up 2.2%

Shares of HD opened at $334.72 on Friday. The company has a debt-to-equity ratio of 3.23, a quick ratio of 0.28 and a current ratio of 1.04. The company has a market cap of $333.75 billion, a price-to-earnings ratio of 23.77, a PEG ratio of 3.78 and a beta of 0.97. The stock has a fifty day moving average price of $323.27 and a two-hundred day moving average price of $346.47. The Home Depot, Inc. has a 52-week low of $289.10 and a 52-week high of $426.75.

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

Home Depot Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were paid a $2.33 dividend. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.8%. Home Depot’s payout ratio is currently 66.19%.

Key Stories Impacting Home Depot

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

• Positive Sentiment: Home Depot is being highlighted in analyst coverage after its latest earnings report, with commentary focused on whether the stock can keep its recent momentum. Home Depot (HD) Up 5.4% Since Last Earnings Report: Can It Continue?
• Positive Sentiment: Home Depot also appeared in analyst research roundups, which can reinforce investor attention around the stock and keep sentiment supported. The Zacks Analyst Blog Highlights NVIDIA, Oracle, Home Depot, Catalyst Bancorp and Hour Loop
• Positive Sentiment: Another research note featured Home Depot among top analyst reports, a sign that the company remains in focus for Wall Street watchers. Top Analyst Reports for NVIDIA, Oracle & Home Depot
• Neutral Sentiment: Home Depot was included in a promotional article about its “Skelly” character being used in World Cup marketing, which is more of a brand-awareness item than a direct earnings driver. Home Depot Stock (NYSE:HD) Ticks Up as It Brings Out Skelly for World Cup
• Negative Sentiment: Separately, Home Depot was named in an HRC survey as a company some LGBTQ+ consumers perceive as rolling back DEI commitments, a reputational headline that could weigh on sentiment even if the direct financial impact is unclear. Home Depot (HD) Named In HRC Survey On DEI Pullback Perceptions

Wall Street Analyst Weigh In

HD has been the topic of several research analyst reports. Morgan Stanley lowered their price target on shares of Home Depot from $420.00 to $400.00 and set an “overweight” rating on the stock in a report on Wednesday, May 20th. Weiss Ratings upgraded shares of Home Depot from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, June 9th. Mizuho dropped their price objective 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. Guggenheim restated a “buy” rating and set a $425.00 target price on shares of Home Depot in a research report on Wednesday, May 20th. Finally, Oppenheimer lowered their price target on Home Depot from $405.00 to $310.00 and set a “market perform” rating on the stock in a research report on Monday, May 18th. Nineteen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average 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.