VIRGINIA RETIREMENT SYSTEMS ET Al Makes New Investment in The Home Depot, Inc. $HD

Posted by George Bondi on Sep 9th, 2026

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of The Home Depot, Inc. (NYSE:HD – Free Report) during the second quarter, HoldingsChannel reports. The fund purchased 25,310 shares of the home improvement retailer’s stock, valued at approximately $8,926,000.

Other large investors have also made changes to their positions in the company. Advocate Investing Services LLC purchased a new stake in shares of Home Depot during the fourth quarter worth about $25,000. Zeit Capital LLC bought a new position in shares of Home Depot during the second quarter worth $26,000. Parvin Asset Management LLC grew its position in shares of Home Depot by 110.0% during 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 purchased a new position in Home Depot during the 1st quarter valued at approximately $27,000. Finally, Merkkuri Wealth Advisors LLC purchased a new position in shares of Home Depot in the first quarter valued at $28,000. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

Home Depot Stock Down 2.3%

Shares of NYSE:HD opened at $313.58 on Wednesday. The Home Depot, Inc. has a 1 year low of $289.10 and a 1 year high of $426.75. The business has a 50 day simple moving average of $337.98 and a two-hundred day simple moving average of $335.09. The firm has a market capitalization of $312.86 billion, a PE ratio of 21.94, a price-to-earnings-growth ratio of 3.53 and a beta of 0.95. 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 issued its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share 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 firm had revenue of $47.86 billion for the quarter, compared to the consensus estimate of $47.24 billion. During the same period in the prior year, the business posted $4.68 earnings per share. The company’s revenue for the quarter was up 5.7% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, equities analysts predict that The Home Depot, Inc. will post 15 EPS for the current year.

Home Depot Announces Dividend

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 paid a $2.33 dividend. 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 dividend payout ratio (DPR) is presently 65.22%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on HD shares. Wall Street Zen raised Home Depot from a “sell” rating to a “hold” rating in a research note on Tuesday, June 2nd. KeyCorp reiterated a “sector weight” rating on shares of Home Depot in a report on Wednesday, August 19th. The Goldman Sachs Group cut their target price on Home Depot from $409.00 to $390.00 and set a “buy” rating on the stock in a research report on Wednesday, May 20th. UBS Group decreased their price target on Home Depot from $430.00 to $420.00 and set a “buy” rating on the stock in a report on Wednesday, August 19th. Finally, HSBC lowered their price target on Home Depot from $392.00 to $310.00 and set a “hold” rating for the company in a research 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 data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $375.54.

Get Our Latest Analysis on HD

Insiders Place Their Bets

In other news, CFO Richard V. Mcphail sold 5,989 shares of the company’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $348.40, for a total value of $2,086,567.60. Following the transaction, the chief financial officer directly owned 48,104 shares in the company, valued at approximately $16,759,433.60. This represents a 11.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Michael F. Rowe sold 710 shares of Home Depot 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 sale, the executive vice president owned 6,838 shares of the company’s stock, valued at $2,302,764.88. The trade was a 9.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 9,154 shares of company stock worth $3,132,798 over the last quarter. Company insiders own 0.08% of the company’s stock.

Home Depot Company 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.