Prosperity Consulting Group LLC trimmed its position in shares of The Home Depot, Inc. (NYSE:HD – Free Report) by 7.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,889 shares of the home improvement retailer’s stock after selling 1,614 shares during the period. Prosperity Consulting Group LLC’s holdings in Home Depot were worth $6,212,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Smart Money Group LLC grew its holdings in shares of Home Depot by 10.0% in the first quarter. Smart Money Group LLC now owns 3,594 shares of the home improvement retailer’s stock valued at $1,182,000 after purchasing an additional 328 shares in the last quarter. Frazier Financial Advisors LLC raised its stake in Home Depot by 4.7% during the first quarter. Frazier Financial Advisors LLC now owns 1,555 shares of the home improvement retailer’s stock valued at $511,000 after purchasing an additional 70 shares in the last quarter. Birchwood Financial Partners Inc. raised its stake in Home Depot by 17.2% during the first quarter. Birchwood Financial Partners Inc. now owns 1,943 shares of the home improvement retailer’s stock valued at $639,000 after purchasing an additional 285 shares in the last quarter. Aware Super Pty Ltd as trustee of Aware Super bought a new position in Home Depot during the first quarter valued at $8,049,000. Finally, W.G. Shaheen & Associates DBA Whitney & Co lifted its position in Home Depot by 3.5% during the first quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 7,445 shares of the home improvement retailer’s stock valued at $2,448,000 after purchasing an additional 252 shares during the last quarter. 70.86% of the stock is currently owned by institutional investors.
Trending Headlines about Home Depot
Here are the key news stories impacting Home Depot this week:
- Positive Sentiment: Home Depot launched its 2026 Halloween collection, including the return of its popular 12 FT SKELLY with upgraded interactive features. Seasonal merchandise can drive store and online traffic and support near-term sales sentiment. THE HOME DEPOT DEBUTS 2026 HALLOWEEN COLLECTION WITH NEW GIANTS, INTERACTIVE TECH AND FAN FAVORITE RETURNS
- Positive Sentiment: Market coverage noted that HD has been trading higher than the broader market, reinforcing the view that investors are rotating back into the name. Home Depot (HD) Rises Higher Than Market: Key Facts
- Positive Sentiment: Dividend-focused articles highlighted Home Depot as one of several large-cap stocks with ongoing dividend growth, which can appeal to income investors looking for reliable shareholder returns. 3 Dividend Stocks to Buy for Growing Income in July
- Neutral Sentiment: Several media roundups listed Home Depot among home improvement stocks to watch, but these were broad watchlist pieces without new company-specific catalysts. Top Home Improvement Stocks To Watch Now – July 13th
- Neutral Sentiment: One article said HD underperformed some competitors even as it posted daily gains, suggesting the stock may be rising, but not as strongly as peers. Home Depot Inc. stock underperforms Wednesday when compared to competitors despite daily gains
- Negative Sentiment: A Trefis note argued that Home Depot has returned substantial cash to shareholders while the stock has gone nowhere, which may temper enthusiasm by highlighting limited share-price momentum. LOW Paid Holders $47 Bil While The Stock Went Nowhere
Analyst Upgrades and Downgrades
Get Our Latest Report on Home Depot
Home Depot Stock Up 1.8%
NYSE HD opened at $347.61 on Friday. The company has a quick ratio of 0.28, a current ratio of 1.04 and a debt-to-equity ratio of 3.23. 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 $346.61 billion, a price-to-earnings ratio of 24.69, a PEG ratio of 3.94 and a beta of 0.95. The company has a fifty day moving average of $326.52 and a two-hundred day moving average of $345.28.
Home Depot (NYSE:HD – Get Free Report) last announced its earnings results on Tuesday, May 19th. The home improvement retailer reported $3.43 earnings per share for the quarter, beating the consensus estimate of $3.41 by $0.02. The business 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 business’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.56 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, analysts predict that The Home Depot, Inc. will post 15.01 earnings per share for the current year.
Home Depot Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were issued a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a yield of 2.7%. The ex-dividend date was Thursday, June 4th. Home Depot’s dividend payout ratio is presently 66.19%.
Home Depot Profile
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.
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