The Home Depot, Inc. $HD Shares Bought by Capital International Sarl

Capital International Sarl boosted its stake in shares of The Home Depot, Inc. (NYSE:HD) by 23.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 63,580 shares of the home improvement retailer’s stock after buying an additional 12,098 shares during the period. Capital International Sarl’s holdings in Home Depot were worth $21,878,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Parvin Asset Management LLC boosted its stake in Home Depot by 110.0% during the third quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock worth $26,000 after buying an additional 33 shares during the last quarter. Key Capital Management INC acquired a new position in Home Depot during the fourth quarter worth $28,000. Financially Speaking Inc acquired a new position in Home Depot during the third quarter worth $31,000. Navalign LLC acquired a new position in Home Depot during the fourth quarter worth $31,000. Finally, Disciplined Equity Management Inc. acquired a new position in shares of Home Depot in the 4th quarter valued at $34,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Home Depot Stock Performance

Shares of Home Depot stock opened at $310.73 on Friday. The company has a quick ratio of 0.28, a current ratio of 1.04 and a debt-to-equity ratio of 3.23. The firm has a market cap of $309.83 billion, a PE ratio of 22.07, a price-to-earnings-growth ratio of 3.59 and a beta of 0.97. The Home Depot, Inc. has a 52 week low of $289.10 and a 52 week high of $426.75. The business’s fifty day simple moving average is $322.95 and its 200-day simple moving average is $347.74.

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

Home Depot Announces Dividend

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

Analysts Set New Price Targets

Several equities analysts have recently commented on HD shares. Evercore decreased their price target on Home Depot from $415.00 to $400.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 20th. Jefferies Financial Group decreased their price target on Home Depot from $361.00 to $360.00 and set a “buy” rating on the stock in a research note on Thursday. The Goldman Sachs Group decreased their price target on Home Depot from $409.00 to $390.00 and set a “buy” rating on the stock in a research note on Wednesday, May 20th. Truist Financial decreased their price target on Home Depot from $394.00 to $369.00 and set a “buy” rating on the stock in a research note on Tuesday, May 19th. Finally, Morgan Stanley decreased their price target on Home Depot from $420.00 to $400.00 and set an “overweight” rating on the stock 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 issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $371.36.

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.