The Home Depot, Inc. $HD Shares Sold by HORAN Wealth LLC

HORAN Wealth LLC trimmed its position in The Home Depot, Inc. (NYSE:HDFree Report) by 47.5% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 14,579 shares of the home improvement retailer’s stock after selling 13,175 shares during the period. HORAN Wealth LLC’s holdings in Home Depot were worth $5,142,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Insiders Place Their Bets

In other Home Depot news, EVP Teresa Roseborough sold 2,455 shares of the company’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $328.77, for a total value of $807,130.35. Following the sale, the executive vice president owned 14,061 shares of the company’s stock, valued at $4,622,834.97. This represents a 14.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Michael Rowe sold 710 shares of the stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $336.76, for a total transaction of $239,099.60. Following the completion of the sale, the executive vice president owned 6,838 shares in the company, valued at $2,302,764.88. This represents a 9.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 9,154 shares of company stock worth $3,132,798. Insiders own 0.08% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Wall Street Zen upgraded Home Depot from a “sell” rating to a “hold” rating in a research report on Tuesday, June 2nd. Weiss Ratings upgraded Home Depot from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, July 7th. Morgan Stanley dropped their price objective on Home Depot from $420.00 to $400.00 and set an “overweight” rating on the stock in a report on Wednesday, May 20th. Piper Sandler cut their price objective on Home Depot from $422.00 to $421.00 and set an “overweight” rating for the company in a research report on Wednesday, May 20th. Finally, Gordon Haskett raised their target price on Home Depot from $320.00 to $330.00 in a report on Friday, June 12th. Eighteen equities research 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, Home Depot has an average rating of “Moderate Buy” and a consensus price target of $375.54.

Read Our Latest Stock Report on Home Depot

Home Depot Stock Down 2.3%

HD opened at $313.58 on Wednesday. The company has a debt-to-equity ratio of 2.64, a quick ratio of 0.31 and a current ratio of 1.08. The company has a market cap of $312.86 billion, a price-to-earnings ratio of 21.94, a PEG ratio of 3.53 and a beta of 0.95. The Home Depot, Inc. has a one year low of $289.10 and a one year high of $426.75. The business’s fifty day moving average is $337.98 and its two-hundred day moving average is $335.09.

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 (EPS) for the quarter, topping the consensus estimate of $4.73 by $0.19. Home Depot had a return on equity of 106.42% and a net margin of 8.41%.The business had revenue of $47.86 billion during the quarter, compared to the consensus estimate of $47.24 billion. During the same quarter in the previous year, the company posted $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. Analysts anticipate that The Home Depot, Inc. will post 15 EPS for the current fiscal year.

Home Depot Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders 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 3.0%. Home Depot’s payout ratio is presently 65.22%.

Home Depot Profile

(Free Report)

The Home Depot, Inc is a home improvement retailer that sells building materials, appliances, decor, hardware, tools, paint, lawn and garden products, and related merchandise. The company serves do-it-yourself customers, professional contractors, homebuilders, and other commercial customers through its retail stores and digital platforms.

Home Depot also provides services such as equipment and tool rental, delivery, installation, and project support. Its professional-focused offerings include job-lot quantities, specialized products, credit services, and account support designed for contractors and other trade customers.

Founded in 1978 by Bernie Marcus, Arthur Blank, Ken Langone, and Pat Farrah, the company is headquartered in Atlanta, Georgia.

Featured Articles

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)

Receive News & Ratings for Home Depot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Depot and related companies with MarketBeat.com's FREE daily email newsletter.