Great Valley Advisor Group Inc. Sells 2,103 Shares of The Home Depot, Inc. $HD

Great Valley Advisor Group Inc. cut its position in shares of The Home Depot, Inc. (NYSE:HD) by 5.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 37,994 shares of the home improvement retailer’s stock after selling 2,103 shares during the period. Great Valley Advisor Group Inc.’s holdings in Home Depot were worth $13,074,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of HD. Parvin Asset Management LLC grew its position in Home Depot by 110.0% during the 3rd quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock worth $26,000 after acquiring an additional 33 shares during the last quarter. Financially Speaking Inc bought a new position in Home Depot during the 3rd quarter worth approximately $31,000. Key Capital Management INC bought a new position in Home Depot during the 4th quarter worth approximately $28,000. Imprint Wealth LLC bought a new stake in shares of Home Depot in the 3rd quarter worth approximately $34,000. Finally, Navalign LLC bought a new stake in shares of Home Depot in the 4th quarter worth approximately $31,000. 70.86% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on HD shares. Truist Financial dropped their price target on Home Depot from $394.00 to $369.00 and set a “buy” rating on the stock in a research report on Tuesday, May 19th. Wells Fargo & Company lowered their price objective on Home Depot from $375.00 to $360.00 and set an “overweight” rating for the company in a research note on Wednesday, May 20th. Morgan Stanley lowered their price objective on Home Depot from $420.00 to $400.00 and set an “overweight” rating for the company in a research note on Wednesday, May 20th. Evercore lowered their price objective on Home Depot from $415.00 to $400.00 and set an “outperform” rating for the company in a research note on Wednesday, May 20th. Finally, Guggenheim reiterated a “buy” rating and set a $425.00 price objective on shares of Home Depot in a research note on Wednesday, May 20th. Nineteen investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Home Depot currently has an average rating of “Moderate Buy” and a consensus target price of $371.36.

Home Depot Stock Up 2.4%

HD stock opened at $326.71 on Friday. The Home Depot, Inc. has a 1-year low of $289.10 and a 1-year high of $426.75. The business has a fifty day moving average price of $322.48 and a 200-day moving average price of $347.18. 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 stock 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.

Home Depot (NYSE:HD) last posted its quarterly earnings results on Tuesday, May 19th. The home improvement retailer reported $3.43 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $41.59 billion. During the same quarter in the previous year, the business earned $3.56 earnings per share. The company’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. Equities analysts forecast that The Home Depot, Inc. will post 15.01 earnings per share for the current fiscal year.

Home Depot Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be given a dividend of $2.33 per share. This represents a $9.32 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Thursday, June 4th. Home Depot’s dividend payout ratio is 66.19%.

Trending Headlines about Home Depot

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?

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.