Lynch Investment Planning LLC Acquires New Position in The Home Depot, Inc. $HD

Lynch Investment Planning LLC acquired a new stake in shares of The Home Depot, Inc. (NYSE:HD) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 1,629 shares of the home improvement retailer’s stock, valued at approximately $561,000. Home Depot makes up 0.5% of Lynch Investment Planning LLC’s investment portfolio, making the stock its 29th biggest holding.

Several other large investors have also bought and sold shares of HD. Floyd Financial Group LLC purchased a new position in Home Depot in the fourth quarter worth about $1,006,000. Clear Retirement Advice LLC purchased a new stake in Home Depot during the 4th quarter valued at $221,000. Drake & Associates LLC boosted its stake in Home Depot by 1.5% during the 4th quarter. Drake & Associates LLC now owns 2,698 shares of the home improvement retailer’s stock valued at $928,000 after purchasing an additional 39 shares during the last quarter. Sonoma Allocations LLC boosted its stake in Home Depot by 10.9% during the 4th quarter. Sonoma Allocations LLC now owns 1,540 shares of the home improvement retailer’s stock valued at $576,000 after purchasing an additional 151 shares during the last quarter. Finally, Monetary Solutions Ltd bought a new stake in shares of Home Depot in the 4th quarter worth $48,000. 70.86% of the stock is owned by hedge funds and other institutional investors.

Home Depot Price Performance

NYSE HD opened at $334.72 on Friday. The stock has a market capitalization of $333.75 billion, a price-to-earnings ratio of 23.77, a PEG ratio of 3.78 and a beta of 0.97. The Home Depot, Inc. has a 1-year low of $289.10 and a 1-year high of $426.75. The company has a debt-to-equity ratio of 3.23, a current ratio of 1.04 and a quick ratio of 0.28. The business’s fifty day moving average price is $323.27 and its 200-day moving average price is $346.47.

Home Depot (NYSE:HD) last issued its quarterly earnings data on Tuesday, May 19th. The home improvement retailer reported $3.43 EPS for the quarter, topping the consensus estimate of $3.41 by $0.02. The company had revenue of $41.77 billion during the quarter, compared to analyst estimates of $41.59 billion. Home Depot had a return on equity of 117.24% and a net margin of 8.41%.Home Depot’s revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.56 earnings per share. 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 15.01 earnings per share for the current year.

Home Depot Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were given a $2.33 dividend. This represents a $9.32 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Thursday, June 4th. Home Depot’s dividend payout ratio (DPR) is presently 66.19%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on HD shares. KeyCorp reaffirmed a “sector weight” rating on shares of Home Depot in a report on Wednesday, February 25th. Stifel Nicolaus reduced their price objective on Home Depot from $375.00 to $320.00 and set a “hold” rating for the company in a report on Monday, May 18th. Truist Financial decreased their target price on Home Depot from $394.00 to $369.00 and set a “buy” rating for the company in a research report on Tuesday, May 19th. Piper Sandler lowered their target price on shares of Home Depot from $422.00 to $421.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 20th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Home Depot from $423.00 to $396.00 and set an “overweight” rating on the stock in a report on Wednesday, May 20th. Nineteen 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’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $371.71.

Home Depot News Summary

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

• Positive Sentiment: Home Depot is being highlighted in analyst coverage after its latest earnings report, with commentary focused on whether the stock can keep its recent momentum. Home Depot (HD) Up 5.4% Since Last Earnings Report: Can It Continue?
• Positive Sentiment: Home Depot also appeared in analyst research roundups, which can reinforce investor attention around the stock and keep sentiment supported. The Zacks Analyst Blog Highlights NVIDIA, Oracle, Home Depot, Catalyst Bancorp and Hour Loop
• Positive Sentiment: Another research note featured Home Depot among top analyst reports, a sign that the company remains in focus for Wall Street watchers. Top Analyst Reports for NVIDIA, Oracle & Home Depot
• Neutral Sentiment: Home Depot was included in a promotional article about its “Skelly” character being used in World Cup marketing, which is more of a brand-awareness item than a direct earnings driver. Home Depot Stock (NYSE:HD) Ticks Up as It Brings Out Skelly for World Cup
• Negative Sentiment: Separately, Home Depot was named in an HRC survey as a company some LGBTQ+ consumers perceive as rolling back DEI commitments, a reputational headline that could weigh on sentiment even if the direct financial impact is unclear. Home Depot (HD) Named In HRC Survey On DEI Pullback Perceptions

Home Depot Company 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.