The Home Depot, Inc. $HD Stock Holdings Lowered by LVM Capital Management Ltd. MI

LVM Capital Management Ltd. MI lessened its position in The Home Depot, Inc. (NYSE:HD) by 6.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 29,539 shares of the home improvement retailer’s stock after selling 1,948 shares during the period. LVM Capital Management Ltd. MI’s holdings in Home Depot were worth $10,418,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Parvin Asset Management LLC grew its position in Home Depot by 110.0% in the 3rd quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock worth $26,000 after purchasing an additional 33 shares during the last quarter. Advocate Investing Services LLC bought a new stake in shares of Home Depot during the fourth quarter valued at approximately $25,000. Key Capital Management INC bought a new stake in shares of Home Depot during the fourth quarter valued at approximately $28,000. Cache Advisors LLC acquired a new position in shares of Home Depot during the first quarter worth approximately $27,000. Finally, Imprint Wealth LLC bought a new position in Home Depot in the 3rd quarter worth approximately $34,000. 70.86% of the stock is currently owned by institutional investors.

Home Depot Trading Down 1.5%

Home Depot stock opened at $350.23 on Tuesday. The company has a debt-to-equity ratio of 3.23, a quick ratio of 0.28 and a current ratio of 1.04. The firm has a market cap of $349.22 billion, a price-to-earnings ratio of 24.87, a price-to-earnings-growth ratio of 4.11 and a beta of 0.95. The Home Depot, Inc. has a 1 year low of $289.10 and a 1 year high of $426.75. The firm’s 50 day moving average price is $336.54 and its two-hundred day moving average price is $342.65.

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

Home Depot Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were given a dividend of $2.33 per share. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.7%. Home Depot’s payout ratio is 66.19%.

Analyst Ratings Changes

HD has been the topic of several analyst reports. JPMorgan Chase & Co. lowered their target price 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. Mizuho reduced their price target on Home Depot from $415.00 to $385.00 and set an “outperform” rating for the company in a research report on Wednesday, May 20th. TD Cowen reissued a “buy” rating on shares of Home Depot in a research note on Monday. Royal Bank Of Canada lowered their price target on Home Depot from $377.00 to $340.00 and set a “sector perform” rating on the stock in a report on Wednesday, May 20th. Finally, Truist Financial lowered their price target on Home Depot from $394.00 to $369.00 and set a “buy” rating on the stock in a report on Tuesday, May 19th. Eighteen analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Home Depot has a consensus rating of “Moderate Buy” and a consensus price target of $371.71.

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.