Live Oak Investment Partners Invests $662,000 in The Home Depot, Inc. $HD

Posted by Brian Himes on Aug 27th, 2026

Live Oak Investment Partners bought a new stake in shares of The Home Depot, Inc. (NYSE:HD – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,876 shares of the home improvement retailer’s stock, valued at approximately $662,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. Parvin Asset Management LLC boosted its position in Home Depot by 110.0% during the 3rd quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock valued at $26,000 after acquiring an additional 33 shares in the last quarter. Advocate Investing Services LLC purchased a new position in Home Depot in the fourth quarter valued at about $25,000. Zeit Capital LLC bought a new position in Home Depot in the second quarter worth about $26,000. Cache Advisors LLC bought a new position in Home Depot in the first quarter worth about $27,000. Finally, Imprint Wealth LLC purchased a new stake in shares of Home Depot during the third quarter valued at about $34,000. 70.86% of the stock is owned by hedge funds and other institutional investors.

Home Depot Stock Down 0.9%

HD stock opened at $334.97 on Thursday. The company has a market capitalization of $334.01 billion, a P/E ratio of 23.44, a price-to-earnings-growth ratio of 3.72 and a beta of 0.95. The Home Depot, Inc. has a 12 month low of $289.10 and a 12 month high of $426.75. The firm’s fifty day simple moving average is $341.18 and its 200-day simple moving average is $339.21. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.08 and a quick ratio of 0.31.

Home Depot (NYSE:HD – Get Free Report) last posted its earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.73 by $0.19. The company had revenue of $47.86 billion during the quarter, compared to the consensus estimate of $47.24 billion. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The firm’s quarterly revenue was up 5.7% on a year-over-year basis. During the same period in the previous year, the firm posted $4.68 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, equities research analysts forecast that The Home Depot, Inc. will post 14.99 earnings per share for the current year.

Home Depot Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, September 3rd will be issued a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Thursday, September 3rd. Home Depot’s dividend payout ratio (DPR) is 65.22%.

Trending Headlines about Home Depot

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

Positive Sentiment: Home Depot reported fiscal second-quarter revenue of $47.86 billion, up 5.7% year over year and ahead of consensus estimates. Adjusted diluted EPS of $4.92 also exceeded the $4.73 analyst expectation. Home Depot Beat Q2 Estimates
Positive Sentiment: A nationwide three-hour delivery service could help HD compete with Walmart and Target for e-commerce orders, improve convenience and support sales of home-improvement products. Home Depot Three-Hour Delivery
Positive Sentiment: Analysts and investor-focused commentary continue to highlight Home Depot’s 17-year dividend growth streak and long-term shareholder returns, offering support while investors wait for housing conditions to improve. Home Depot Dividend Streak

Insiders Place Their Bets

In related news, CFO Richard V. Mcphail sold 5,989 shares of Home Depot stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total transaction of $2,086,567.60. Following the completion of the transaction, the chief financial officer directly owned 48,104 shares in the company, valued at approximately $16,759,433.60. This trade represents a 11.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.08% of the company’s stock.

Analysts Set New Price Targets

HD has been the topic of a number of analyst reports. TD Cowen reaffirmed a “buy” rating on shares of Home Depot in a research report on Monday, August 10th. Sanford C. Bernstein reiterated a “market perform” rating and set a $354.00 price objective on shares of Home Depot in a report on Wednesday, August 19th. Oppenheimer dropped their target price on Home Depot from $405.00 to $310.00 and set a “market perform” rating on the stock in a research note on Monday, May 18th. Jefferies Financial Group restated a “buy” rating and set a $398.00 price objective on shares of Home Depot in a report on Tuesday, August 18th. Finally, Royal Bank Of Canada lowered their price objective on shares of Home Depot from $343.00 to $342.00 and set a “sector perform” rating for the company in a research note on Wednesday, August 19th. Eighteen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $375.54.

Read Our Latest Analysis on HD

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.