WealthShield Partners LLC Purchases Shares of 9,843 The Home Depot, Inc. $HD

WealthShield Partners LLC bought a new stake in The Home Depot, Inc. (NYSE:HDFree Report) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 9,843 shares of the home improvement retailer’s stock, valued at approximately $3,471,000.

Several other institutional investors also recently bought and sold shares of the business. Curio Wealth LLC boosted its stake in shares of Home Depot by 13.5% in the fourth quarter. Curio Wealth LLC now owns 218 shares of the home improvement retailer’s stock worth $76,000 after acquiring an additional 26 shares during the last quarter. Moneco Advisors LLC lifted its stake in shares of Home Depot by 0.3% in the 4th quarter. Moneco Advisors LLC now owns 8,743 shares of the home improvement retailer’s stock valued at $3,008,000 after purchasing an additional 27 shares during the last quarter. Noesis Capital Mangement Corp lifted its position in Home Depot by 1.5% in the fourth quarter. Noesis Capital Mangement Corp now owns 1,770 shares of the home improvement retailer’s stock valued at $609,000 after buying an additional 27 shares during the last quarter. Eubel Brady & Suttman Asset Management Inc. increased its holdings in Home Depot by 1.3% in the 4th quarter. Eubel Brady & Suttman Asset Management Inc. now owns 2,130 shares of the home improvement retailer’s stock valued at $733,000 after purchasing an additional 27 shares during the last quarter. Finally, Mill Capital Management LLC lifted its stake in Home Depot by 0.4% during the 4th quarter. Mill Capital Management LLC now owns 7,377 shares of the home improvement retailer’s stock worth $2,538,000 after acquiring an additional 27 shares in the last quarter. 70.86% of the stock is owned by institutional investors and hedge funds.

Home Depot Price Performance

Home Depot stock opened at $329.80 on Friday. The firm has a fifty day moving average of $340.97 and a 200-day moving average of $338.75. The company has a quick ratio of 0.31, a current ratio of 1.08 and a debt-to-equity ratio of 2.64. The Home Depot, Inc. has a 52-week low of $289.10 and a 52-week high of $426.75. The firm has a market capitalization of $329.04 billion, a P/E ratio of 23.08, a PEG ratio of 3.62 and a beta of 0.95.

Home Depot (NYSE:HDGet Free Report) last released its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share for the quarter, beating analysts’ consensus estimates of $4.73 by $0.19. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The business had revenue of $47.86 billion during the quarter, compared to analyst estimates of $47.24 billion. During the same period last year, the business earned $4.68 EPS. The business’s revenue was up 5.7% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, analysts predict that The Home Depot, Inc. will post 15 EPS for the current year.

Home Depot Dividend Announcement

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

Insider Transactions at Home Depot

In other Home Depot news, EVP Michael F. Rowe sold 710 shares of the firm’s stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $336.76, for a total transaction of $239,099.60. Following the transaction, the executive vice president owned 6,838 shares of the company’s stock, valued at approximately $2,302,764.88. This trade represents a 9.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Richard V. Mcphail sold 5,989 shares of the business’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total value of $2,086,567.60. Following the sale, the chief financial officer directly owned 48,104 shares in the company, valued at approximately $16,759,433.60. The trade was a 11.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.08% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Argus reissued a “buy” rating and set a $400.00 target price on shares of Home Depot in a research note on Wednesday, August 19th. Telsey Advisory Group dropped their price objective on Home Depot from $435.00 to $410.00 and set an “outperform” rating on the stock in a report on Wednesday, May 20th. Citigroup reduced their price target on shares of Home Depot from $450.00 to $400.00 and set a “buy” rating for the company in a research report on Tuesday, May 12th. HSBC dropped their price target on shares of Home Depot from $392.00 to $310.00 and set a “hold” rating on the stock in a research note on Wednesday, May 20th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $354.00 target price on shares of Home Depot in a report on Wednesday, August 19th. Eighteen analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $375.54.

View Our Latest Analysis on HD

More Home Depot News

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

  • Positive Sentiment: Home Depot reported fiscal second-quarter sales of $47.86 billion, up 5.7% year over year and its strongest comparable-sales growth since 2022. Adjusted earnings of $4.92 per share exceeded the $4.73 analyst consensus, reinforcing the view that the retailer’s turnaround is gaining traction. The Home Depot Posts Record Sales Growth Amid CEO Leave
  • Positive Sentiment: The company expanded its Magic Apron AI shopping assistant to every U.S. store. The tool provides localized product information, project guidance and store navigation through text, voice, images and multiple languages. Its potential to improve customer service, employee productivity and conversion rates supports the long-term growth narrative. The Home Depot Expands Magic Apron
  • Neutral Sentiment: Analysts and recent commentary see significant upside if housing and remodeling demand recover, with Home Depot’s scale and professional-customer base viewed as competitive advantages. However, the stock remains below its 50-day and 200-day moving averages, indicating that investors have not fully embraced the turnaround thesis. Home Depot Turnaround Could Be Bigger Than Investors Expect
  • Neutral Sentiment: Although Home Depot beat quarterly estimates, a reported $685 million tariff refund may have boosted results. Investors could discount part of the earnings strength if the benefit is viewed as nonrecurring. Home Depot Beat Q2 Estimates
  • Negative Sentiment: CEO Ted Decker is on temporary medical leave, creating uncertainty around leadership even as operating performance improves. Separately, EVP Michael Rowe sold 710 shares valued at approximately $239,100, a relatively small transaction but a modest negative sentiment signal. Home Depot EVP Michael Rowe Sells Shares

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.

See Also

Want to see what other hedge funds are holding HD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Home Depot, Inc. (NYSE:HDFree Report).

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

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