The Home Depot, Inc. $HD Shares Newly Purchased by Capital Square LLC

Capital Square LLC purchased a new position in shares of The Home Depot, Inc. (NYSE:HD) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 8,788 shares of the home improvement retailer’s stock, valued at approximately $2,500,000. Home Depot makes up approximately 1.1% of Capital Square LLC’s holdings, making the stock its 25th largest position.

Other hedge funds have also recently added to or reduced their stakes in the company. Zeit Capital LLC acquired a new stake in Home Depot in the 2nd quarter valued at about $26,000. Cache Advisors LLC acquired a new position in shares of Home Depot during the first quarter worth approximately $27,000. Osbon Capital Management LLC acquired a new position in shares of Home Depot during the fourth quarter worth approximately $29,000. Principia Wealth Advisory LLC lifted its position in shares of Home Depot by 60.4% during the second quarter. Principia Wealth Advisory LLC now owns 85 shares of the home improvement retailer’s stock worth $30,000 after purchasing an additional 32 shares in the last quarter. Finally, Merkkuri Wealth Advisors LLC bought a new stake in shares of Home Depot during the first quarter valued at approximately $28,000. Institutional investors own 70.86% of the company’s stock.

Wall Street Analyst Weigh In

HD has been the topic of several research analyst reports. DA Davidson reissued a “buy” rating and set a $377.00 price target on shares of Home Depot in a research note on Wednesday, August 19th. Mizuho boosted their price objective on shares of Home Depot from $385.00 to $390.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 19th. KeyCorp reaffirmed a “sector weight” rating on shares of Home Depot in a report on Wednesday, August 19th. Stifel Nicolaus increased their price objective on Home Depot from $320.00 to $340.00 and gave the company a “hold” rating in a research report on Monday, August 17th. Finally, Argus reiterated a “buy” rating and issued a $400.00 price objective on shares of Home Depot in a research report on Wednesday, August 19th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $375.93.

Insider Buying and Selling at Home Depot

In other news, CAO Kimberly R. Scardino sold 675 shares of the firm’s stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $305.95, for a total value of $206,516.25. Following the transaction, the chief accounting officer directly owned 8,189 shares in the company, valued at $2,505,424.55. This trade represents a 7.62% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Michael F. Rowe sold 710 shares of the firm’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $336.76, for a total value of $239,099.60. Following the completion of the transaction, the executive vice president owned 6,838 shares in the company, valued at $2,302,764.88. This represents a 9.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 9,829 shares of company stock worth $3,339,314. 0.08% of the stock is currently owned by insiders.

Home Depot Trading Down 0.1%

Shares of NYSE:HD traded down $0.36 during trading on Monday, hitting $309.27. 1,353,065 shares of the company’s stock were exchanged, compared to its average volume of 4,470,046. 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 $308.56 billion, a P/E ratio of 21.65, a PEG ratio of 2.20 and a beta of 1.00. The firm has a 50-day moving average price of $312.52 and a two-hundred day moving average price of $324.17. The Home Depot, Inc. has a 1-year low of $277.15 and a 1-year high of $397.63.

Home Depot (NYSE:HD) last announced its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share for the quarter, beating the consensus estimate of $4.73 by $0.19. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The business had revenue of $47.86 billion for the quarter, compared to analyst estimates of $47.24 billion. During the same period in the prior year, the business posted $4.68 earnings per share. Home Depot’s revenue was up 5.7% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Equities analysts predict that The Home Depot, Inc. will post 15.01 earnings per share for the current year.

Home Depot Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd were issued a dividend of $2.33 per share. This represents a $9.32 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend was Thursday, September 3rd. Home Depot’s payout ratio is currently 65.22%.

About Home Depot

The Home Depot, Inc is a home improvement retailer serving do-it-yourself customers, professional contractors, and other building and maintenance professionals. The company sells a broad selection of building materials, hardware, tools, appliances, paint, plumbing and electrical supplies, flooring, lighting, lawn and garden products, and home décor.

In addition to merchandise, Home Depot offers services such as product delivery, tool and equipment rental, credit services, and installation for selected products.