The Home Depot, Inc. $HD Position Increased by IFM Investors Pty Ltd

IFM Investors Pty Ltd raised its position in shares of The Home Depot, Inc. (NYSE:HD) by 0.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 195,462 shares of the home improvement retailer’s stock after buying an additional 1,701 shares during the quarter. Home Depot accounts for 0.6% of IFM Investors Pty Ltd’s portfolio, making the stock its 25th largest position. IFM Investors Pty Ltd’s holdings in Home Depot were worth $67,258,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Winning Points Advisors LLC acquired a new position in shares of Home Depot in the 4th quarter valued at about $984,000. SmartHarvest Portfolios LLC acquired a new position in shares of Home Depot in the 4th quarter valued at about $1,391,000. Lyell Wealth Management LP increased its holdings in shares of Home Depot by 1.9% in the 4th quarter. Lyell Wealth Management LP now owns 46,335 shares of the home improvement retailer’s stock valued at $15,944,000 after purchasing an additional 848 shares during the period. Vaughan David Investments LLC IL increased its holdings in shares of Home Depot by 1.3% in the 4th quarter. Vaughan David Investments LLC IL now owns 126,507 shares of the home improvement retailer’s stock valued at $43,531,000 after purchasing an additional 1,618 shares during the period. Finally, Cornerstone Advisors Asset Management LLC increased its holdings in shares of Home Depot by 24.2% in the 4th quarter. Cornerstone Advisors Asset Management LLC now owns 642 shares of the home improvement retailer’s stock valued at $221,000 after purchasing an additional 125 shares during the period. 70.86% of the stock is owned by hedge funds and other institutional investors.

Home Depot Trading Up 2.4%

NYSE:HD opened at $326.71 on Friday. The stock’s 50 day moving average price is $322.48 and its 200 day moving average price is $347.18. The Home Depot, Inc. has a 52 week low of $289.10 and a 52 week high of $426.75. The company has a market capitalization of $325.77 billion, a P/E ratio of 23.20, a P/E/G ratio of 3.68 and a beta of 0.97. The company has a debt-to-equity ratio of 3.23, a quick ratio of 0.28 and a current ratio of 1.04.

Home Depot (NYSE:HD) last released its quarterly earnings data on Tuesday, May 19th. The home improvement retailer reported $3.43 EPS for the quarter, topping analysts’ consensus estimates of $3.41 by $0.02. Home Depot had a return on equity of 117.24% and a net margin of 8.41%.The firm had revenue of $41.77 billion for the quarter, compared to the consensus estimate of $41.59 billion. During the same quarter in the prior year, the company posted $3.56 earnings per share. The firm’s revenue was up 4.8% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, research analysts forecast that The Home Depot, Inc. will post 15.01 EPS for the current fiscal year.

Home Depot Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be issued a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a yield of 2.9%. The ex-dividend date is Thursday, June 4th. Home Depot’s dividend payout ratio (DPR) is 66.19%.

More Home Depot News

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

• Positive Sentiment: Jim Cramer said Home Depot looks like a “good level” to own, which may reinforce confidence that the stock is attractive after recent weakness. Jim Cramer on Home Depot: “I Think That This Is a Good Level”
• Positive Sentiment: Additional commentary highlighted Home Depot’s “wide moat” and long-term compounding potential, supporting the view that the company remains a high-quality defensive retailer. 1 Cyclical Dow Juggernaut With an Unshakable Moat to Buy
• Neutral Sentiment: Erste Group Bank trimmed its FY2027 and FY2028 earnings estimates slightly, but the revisions were small and still leave expectations near Wall Street’s current full-year EPS outlook, so the impact on sentiment appears limited.
• Neutral Sentiment: Coverage on Home Depot’s expansion efforts, including recent pro-focused acquisitions, suggests management is continuing to build scale and logistics capabilities, but the articles frame this as a longer-term strategy rather than an immediate catalyst. Home Depot’s Expansion Play: Building Scale or Growth Story?

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on HD shares. TD Cowen dropped their target price on Home Depot from $450.00 to $375.00 and set a “buy” rating on the stock in a report on Wednesday, May 20th. UBS Group dropped their target price on Home Depot from $450.00 to $430.00 and set a “buy” rating on the stock in a report on Wednesday, May 20th. DA Davidson dropped their target price on Home Depot from $445.00 to $377.00 and set a “buy” rating on the stock in a report on Tuesday, May 19th. Guggenheim restated a “buy” rating and issued a $425.00 price objective on shares of Home Depot in a report on Wednesday, May 20th. Finally, Citigroup dropped their price objective on Home Depot from $450.00 to $400.00 and set a “buy” rating on the stock in a report on Tuesday, May 12th. Nineteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target 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.