Monograph Wealth Advisors LLC Purchases Shares of 1,752 The Home Depot, Inc. $HD

Monograph Wealth Advisors LLC purchased a new position in shares of The Home Depot, Inc. (NYSE:HDFree Report) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 1,752 shares of the home improvement retailer’s stock, valued at approximately $576,000.

Several other large investors also recently modified their holdings of the stock. Norges Bank acquired a new stake in Home Depot in the fourth quarter worth $4,850,329,000. Wellington Management Group LLP raised its holdings in shares of Home Depot by 60.8% during the third quarter. Wellington Management Group LLP now owns 10,143,089 shares of the home improvement retailer’s stock valued at $4,109,878,000 after purchasing an additional 3,836,051 shares during the period. Cardano Risk Management B.V. raised its holdings in shares of Home Depot by 901.5% during the fourth quarter. Cardano Risk Management B.V. now owns 3,290,540 shares of the home improvement retailer’s stock valued at $1,132,275,000 after purchasing an additional 2,961,979 shares during the period. Diamant Asset Management Inc. raised its holdings in shares of Home Depot by 33,026.3% during the first quarter. Diamant Asset Management Inc. now owns 2,342,026 shares of the home improvement retailer’s stock valued at $770,269,000 after purchasing an additional 2,334,956 shares during the period. Finally, J. Stern & Co. LLP boosted its position in shares of Home Depot by 14,869.3% during the 4th quarter. J. Stern & Co. LLP now owns 2,232,521 shares of the home improvement retailer’s stock worth $768,210,000 after purchasing an additional 2,217,607 shares in the last quarter. Institutional investors and hedge funds own 70.86% of the company’s stock.

Home Depot Trading Up 0.0%

Shares of Home Depot stock opened at $331.73 on Thursday. The firm has a market cap of $330.77 billion, a PE ratio of 23.56, a P/E/G ratio of 3.83 and a beta of 0.95. The Home Depot, Inc. has a 1 year low of $289.10 and a 1 year high of $426.75. The company has a debt-to-equity ratio of 3.23, a current ratio of 1.04 and a quick ratio of 0.28. The stock has a fifty day moving average price of $328.39 and a 200-day moving average price of $344.95.

Home Depot (NYSE:HDGet Free Report) last issued its quarterly earnings results on Tuesday, May 19th. The home improvement retailer reported $3.43 earnings per share for the quarter, topping analysts’ consensus estimates of $3.41 by $0.02. The company had revenue of $41.77 billion for 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 firm’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the firm earned $3.56 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Equities research analysts anticipate that The Home Depot, Inc. will post 15.01 EPS for the current year.

Home Depot Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Jefferies Financial Group decreased their price objective on Home Depot from $361.00 to $360.00 and set a “buy” rating for the company in a report on Thursday, June 4th. HSBC cut their target price on Home Depot from $392.00 to $310.00 and set a “hold” rating on the stock in a report on Wednesday, May 20th. DA Davidson reduced their price target on shares of Home Depot from $445.00 to $377.00 and set a “buy” rating for the company in a research report on Tuesday, May 19th. Gordon Haskett boosted their price target on shares of Home Depot from $320.00 to $330.00 in a research note on Friday, June 12th. Finally, Wolfe Research downgraded shares of Home Depot from an “outperform” rating to a “peer perform” rating in a report on Tuesday, June 23rd. Eighteen analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $371.71.

View Our Latest Analysis on HD

Home Depot 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.

See Also

Institutional Ownership by Quarter for Home Depot (NYSE:HD)

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