Cardano Risk Management B.V. Sells 2,945,182 Shares of The Home Depot, Inc. $HD

Posted by Brian Himes on Jun 27th, 2026

Cardano Risk Management B.V. decreased its position in shares of The Home Depot, Inc. (NYSE:HD – Free Report) by 89.5% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 345,358 shares of the home improvement retailer’s stock after selling 2,945,182 shares during the period. Home Depot makes up about 1.1% of Cardano Risk Management B.V.’s investment portfolio, making the stock its 27th largest position. Cardano Risk Management B.V.’s holdings in Home Depot were worth $113,584,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Gator Capital Management LLC acquired a new position in shares of Home Depot in the fourth quarter worth $3,693,000. King Luther Capital Management Corp raised its stake 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 valued at $426,848,000 after purchasing an additional 7,180 shares in the last quarter. Carnegie Investment Counsel boosted its holdings in shares of Home Depot by 24.8% in the 4th 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 during the period. Savvy Advisors Inc. grew its holdings in shares of 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 purchasing an additional 5,152 shares during the last quarter. Finally, Mariner LLC increased its position in Home Depot by 3.7% in the third quarter. Mariner LLC now owns 1,136,584 shares of the home improvement retailer’s stock worth $460,544,000 after buying an additional 40,693 shares during the period. 70.86% of the stock is owned by institutional investors.

Analysts Set New Price Targets

HD has been the subject of a number of recent analyst reports. Robert W. Baird decreased their target price on shares of Home Depot from $430.00 to $380.00 and set an “outperform” rating for the company in a research report on Wednesday, May 20th. Wolfe Research lowered Home Depot from an “outperform” rating to a “peer perform” rating in a research report on Tuesday. Weiss Ratings downgraded shares of Home Depot from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday. Telsey Advisory Group decreased their target price on shares of Home Depot from $435.00 to $410.00 and set an “outperform” rating for the company in a research report on Wednesday, May 20th. Finally, Royal Bank Of Canada reduced their price objective on shares of Home Depot from $377.00 to $340.00 and set a “sector perform” rating for the company in a research note on Wednesday, May 20th. Eighteen research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Home Depot has a consensus rating of “Moderate Buy” and an average target price of $371.71.

Get Our Latest Stock Report on HD

Home Depot Stock Performance

NYSE:HD opened at $348.60 on Friday. The Home Depot, Inc. has a 1 year low of $289.10 and a 1 year high of $426.75. The firm has a 50 day moving average of $322.98 and a 200-day moving average of $345.78. The stock has a market capitalization of $347.60 billion, a P/E ratio of 24.76, a price-to-earnings-growth ratio of 3.98 and a beta of 0.97. The company has a current ratio of 1.04, a quick ratio of 0.28 and a debt-to-equity ratio of 3.23.

Home Depot (NYSE:HD – Get Free Report) last announced its quarterly earnings data 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. Home Depot had a return on equity of 117.24% and a net margin of 8.41%.The business had revenue of $41.77 billion during the quarter, compared to analysts’ expectations of $41.59 billion. During the same period in the previous year, the firm earned $3.56 earnings per share. The firm’s quarterly revenue was up 4.8% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, sell-side analysts anticipate that The Home Depot, Inc. will post 15.01 EPS for the current fiscal year.

Home Depot Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were paid a $2.33 dividend. This represents a $9.32 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Thursday, June 4th. Home Depot’s dividend payout ratio is 66.19%.

Home Depot Company Profile

(Free Report)

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.