Danica Pension Livsforsikringsaktieselskab Acquires New Shares in The Home Depot, Inc. $HD

Danica Pension Livsforsikringsaktieselskab acquired a new position in The Home Depot, Inc. (NYSE:HD) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 100,879 shares of the home improvement retailer’s stock, valued at approximately $35,578,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in shares of Home Depot by 36.5% during the fourth quarter. Brighton Jones LLC now owns 26,918 shares of the home improvement retailer’s stock valued at $10,471,000 after purchasing an additional 7,203 shares in the last quarter. Sivia Capital Partners LLC increased its holdings in Home Depot by 7.1% during the second quarter. Sivia Capital Partners LLC now owns 2,598 shares of the home improvement retailer’s stock valued at $952,000 after buying an additional 173 shares during the period. Schnieders Capital Management LLC. raised its stake in Home Depot by 14.1% in the second quarter. Schnieders Capital Management LLC. now owns 11,587 shares of the home improvement retailer’s stock worth $4,248,000 after buying an additional 1,433 shares in the last quarter. Darwin Wealth Management LLC bought a new position in Home Depot in the second quarter worth approximately $1,773,000. Finally, Financial Advisors Network Inc. lifted its holdings in Home Depot by 11.3% during the second quarter. Financial Advisors Network Inc. now owns 2,368 shares of the home improvement retailer’s stock worth $868,000 after buying an additional 241 shares during the period. 70.86% of the stock is currently owned by institutional investors.

Home Depot News Summary

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

• Positive Sentiment: Home Depot reported quarterly revenue of $47.86 billion, up 5.7% year over year and above expectations, while adjusted diluted EPS of $4.92 exceeded the $4.73 consensus estimate. The results provided support for the stock, although they did not yet indicate a broad-based recovery in home improvement. Home Depot Q2 estimates and tariff refund
• Positive Sentiment: Management commentary indicated that smaller projects are driving growth as high mortgage rates and housing affordability challenges weigh on larger purchases. This suggests customers remain active, even if demand is shifting toward lower-cost jobs. Home Depot Q2 earnings call transcript
• Positive Sentiment: Home Depot’s 17-year dividend growth streak remains an attraction for income-oriented investors who can collect dividends while waiting for housing and renovation demand to improve. Home Depot dividend streak
• Neutral Sentiment: A $685 million tariff refund contributed to the quarterly outcome, raising concerns that part of the earnings strength may be one-time rather than driven by ongoing operating improvement. Home Depot tariff refund analysis
• Neutral Sentiment: The nationwide launch of three-hour delivery expands Home Depot’s e-commerce and fulfillment capabilities, but its effect on sales and margins remains unproven. Home Depot three-hour delivery
• Neutral Sentiment: Articles highlighting HD’s long-term multibagger returns and ownership by prominent investors may reinforce the company’s appeal, but they are not immediate earnings catalysts. Home Depot long-term returns
• Negative Sentiment: Home Depot’s CFO sold approximately $2.1 million of company stock. While insider selling can reflect personal financial planning, it may weigh modestly on sentiment. Home Depot CFO stock sale

Insider Activity at Home Depot

In other news, CFO Richard V. Mcphail sold 5,989 shares of Home Depot stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $348.40, for a total transaction of $2,086,567.60. Following the completion of the sale, the chief financial officer directly owned 48,104 shares in the company, valued at approximately $16,759,433.60. The trade was a 11.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.08% of the company’s stock.

Home Depot Stock Performance

Shares of HD opened at $337.97 on Wednesday. The company has a current ratio of 1.08, a quick ratio of 0.31 and a debt-to-equity ratio of 2.64. The firm has a market cap of $337.00 billion, a PE ratio of 23.65, a P/E/G ratio of 3.72 and a beta of 0.95. The Home Depot, Inc. has a 12 month low of $289.10 and a 12 month high of $426.75. The stock has a fifty day moving average price of $341.04 and a 200-day moving average price of $339.54.

Home Depot (NYSE:HD) last announced its 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 previous year, the business earned $4.68 EPS. The firm’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. Equities research analysts predict that The Home Depot, Inc. will post 14.99 earnings per share for the current fiscal year.

Home Depot Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be issued a $2.33 dividend. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.8%. Home Depot’s dividend payout ratio (DPR) is currently 65.22%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on HD shares. Oppenheimer cut their price target on Home Depot from $405.00 to $310.00 and set a “market perform” rating on the stock in a report on Monday, May 18th. UBS Group decreased their price objective on Home Depot from $430.00 to $420.00 and set a “buy” rating for the company in a research note on Wednesday, August 19th. Stifel Nicolaus upped their price objective on Home Depot from $320.00 to $340.00 and gave the stock a “hold” rating in a research note on Monday, August 17th. JPMorgan Chase & Co. dropped their price objective on Home Depot from $423.00 to $396.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 20th. Finally, TD Cowen reiterated a “buy” rating on shares of Home Depot in a research note on Monday, August 10th. Eighteen investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Home Depot has a consensus rating of “Moderate Buy” and a consensus target price of $375.54.

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.