Capital International Investors Has $1.75 Billion Holdings in The Home Depot, Inc. $HD

Capital International Investors lifted its holdings in The Home Depot, Inc. (NYSE:HD) by 2.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 5,081,712 shares of the home improvement retailer’s stock after purchasing an additional 128,389 shares during the period. Capital International Investors’ holdings in Home Depot were worth $1,748,726,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Curio Wealth LLC lifted its position in Home Depot by 13.5% during the 4th quarter. Curio Wealth LLC now owns 218 shares of the home improvement retailer’s stock worth $76,000 after buying an additional 26 shares in the last quarter. Westfuller Advisors LLC grew its holdings in shares of Home Depot by 2.1% in the 4th quarter. Westfuller Advisors LLC now owns 1,325 shares of the home improvement retailer’s stock valued at $456,000 after acquiring an additional 27 shares in the last quarter. Darwin Wealth Management LLC grew its holdings in shares of Home Depot by 0.5% in the 4th quarter. Darwin Wealth Management LLC now owns 4,949 shares of the home improvement retailer’s stock valued at $1,703,000 after acquiring an additional 27 shares in the last quarter. Alesco Advisors LLC grew its holdings in shares of Home Depot by 3.2% in the 4th quarter. Alesco Advisors LLC now owns 866 shares of the home improvement retailer’s stock valued at $298,000 after acquiring an additional 27 shares in the last quarter. Finally, Canandaigua National Trust Co of Florida grew its holdings in shares of Home Depot by 1.3% in the 4th quarter. Canandaigua National Trust Co of Florida now owns 2,178 shares of the home improvement retailer’s stock valued at $749,000 after acquiring an additional 27 shares in the last quarter. Institutional investors own 70.86% of the company’s stock.

Home Depot Stock Up 0.3%

Shares of HD stock opened at $310.73 on Friday. The company has a debt-to-equity ratio of 3.23, a quick ratio of 0.28 and a current ratio of 1.04. The firm’s 50-day moving average is $322.95 and its 200-day moving average is $347.74. The stock has a market cap of $309.83 billion, a price-to-earnings ratio of 22.07, a PEG ratio of 3.59 and a beta of 0.97. The Home Depot, Inc. has a 52-week low of $289.10 and a 52-week high of $426.75.

Home Depot (NYSE:HD) last issued its earnings results on Tuesday, May 19th. The home improvement retailer reported $3.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.41 by $0.02. The company had revenue of $41.77 billion for the quarter, compared to analysts’ expectations of $41.59 billion. Home Depot had a net margin of 8.41% and a return on equity of 117.24%. Home Depot’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.56 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Sell-side analysts predict that The Home Depot, Inc. will post 15.01 EPS for the current year.

Home Depot Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be issued a $2.33 dividend. This represents a $9.32 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Thursday, June 4th. Home Depot’s dividend payout ratio is presently 66.19%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on HD. Gordon Haskett decreased their price objective on Home Depot from $330.00 to $320.00 and set a “hold” rating for the company in a report on Tuesday, May 19th. Sanford C. Bernstein restated a “market perform” rating and issued a $346.00 price objective on shares of Home Depot in a report on Wednesday, May 20th. Jefferies Financial Group decreased their price objective on Home Depot from $361.00 to $360.00 and set a “buy” rating for the company in a report on Thursday. DA Davidson decreased their price objective on Home Depot from $445.00 to $377.00 and set a “buy” rating for the company in a report on Tuesday, May 19th. Finally, Bank of America began coverage on Home Depot in a report on Tuesday, May 5th. They issued a “buy” rating and a $374.00 price objective for the company. Nineteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $371.36.

About Home Depot

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.