The Home Depot, Inc. $HD Shares Sold by Bank of New York Mellon Corp

Posted by Brenda Bartman on Jul 16th, 2026

Bank of New York Mellon Corp cut its holdings in The Home Depot, Inc. (NYSE:HD – Free Report) by 2.2% during the first quarter, HoldingsChannel reports. The fund owned 7,926,290 shares of the home improvement retailer’s stock after selling 176,899 shares during the period. Bank of New York Mellon Corp’s holdings in Home Depot were worth $2,606,877,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HD. Advocate Investing Services LLC acquired a new position in Home Depot in the 4th quarter valued at about $25,000. Parvin Asset Management LLC grew its holdings in shares of Home Depot by 110.0% in the third quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock valued at $26,000 after purchasing an additional 33 shares in the last quarter. Cache Advisors LLC acquired a new position in shares of Home Depot in the first quarter valued at approximately $27,000. Key Capital Management INC purchased a new stake in Home Depot during the 4th quarter worth approximately $28,000. Finally, Merkkuri Wealth Advisors LLC purchased a new stake in Home Depot during the 1st quarter worth approximately $28,000. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Home Depot Stock Performance

Shares of Home Depot stock opened at $341.62 on Thursday. 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 Home Depot, Inc. has a 52 week low of $289.10 and a 52 week high of $426.75. The firm’s 50 day moving average is $326.03 and its two-hundred day moving average is $345.29. The firm has a market capitalization of $340.64 billion, a P/E ratio of 24.26, a P/E/G ratio of 3.90 and a beta of 0.95.

Home Depot (NYSE:HD – Get Free Report) last issued 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. The business had revenue of $41.77 billion during the quarter, compared to the consensus estimate of $41.59 billion. Home Depot had a net margin of 8.41% and a return on equity of 117.24%. The company’s revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.56 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Research analysts forecast that The Home Depot, Inc. will post 15.01 EPS for the current fiscal year.

Home Depot Announces Dividend

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

Analyst Ratings Changes

HD has been the subject of several recent research reports. Gordon Haskett raised their price target on shares of Home Depot from $320.00 to $330.00 in a research report on Friday, June 12th. HSBC reduced their price objective on Home Depot from $392.00 to $310.00 and set a “hold” rating on the stock in a research note on Wednesday, May 20th. Oppenheimer decreased their target price on Home Depot from $405.00 to $310.00 and set a “market perform” rating for the company in a report on Monday, May 18th. Evercore lowered their target price on Home Depot from $415.00 to $400.00 and set an “outperform” rating for the company in a research note on Wednesday, May 20th. Finally, UBS Group cut their price target on Home Depot from $450.00 to $430.00 and set a “buy” rating on the stock in a report on Wednesday, May 20th. Eighteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Home Depot has a consensus rating of “Moderate Buy” and a consensus target price of $371.71.

Check Out Our Latest Stock Analysis on Home Depot

About Home Depot

(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.