Landscape Capital Management L.L.C. Takes $1.63 Million Position in The Home Depot, Inc. $HD

Landscape Capital Management L.L.C. purchased a new position in shares of The Home Depot, Inc. (NYSE:HD) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 4,634 shares of the home improvement retailer’s stock, valued at approximately $1,634,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Curio Wealth LLC increased its position in shares of Home Depot by 13.5% during the fourth quarter. Curio Wealth LLC now owns 218 shares of the home improvement retailer’s stock worth $76,000 after acquiring an additional 26 shares during the last quarter. Moneco Advisors LLC boosted its holdings in Home Depot by 0.3% in the fourth quarter. Moneco Advisors LLC now owns 8,743 shares of the home improvement retailer’s stock valued at $3,008,000 after purchasing an additional 27 shares during the last quarter. Noesis Capital Mangement Corp boosted its holdings in Home Depot by 1.5% in the fourth quarter. Noesis Capital Mangement Corp now owns 1,770 shares of the home improvement retailer’s stock valued at $609,000 after purchasing an additional 27 shares during the last quarter. Eubel Brady & Suttman Asset Management Inc. boosted its holdings in Home Depot by 1.3% in the fourth quarter. Eubel Brady & Suttman Asset Management Inc. now owns 2,130 shares of the home improvement retailer’s stock valued at $733,000 after purchasing an additional 27 shares during the last quarter. Finally, Mill Capital Management LLC grew its stake in Home Depot by 0.4% during the 4th quarter. Mill Capital Management LLC now owns 7,377 shares of the home improvement retailer’s stock valued at $2,538,000 after purchasing an additional 27 shares in the last quarter. 70.86% of the stock is owned by hedge funds and other institutional investors.

Home Depot Price Performance

Shares of HD opened at $329.80 on Friday. The Home Depot, Inc. has a 52 week low of $289.10 and a 52 week high of $426.75. 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 $329.04 billion, a price-to-earnings ratio of 23.08, a PEG ratio of 3.62 and a beta of 0.95. The stock has a 50 day moving average of $340.97 and a 200-day moving average of $338.75.

Home Depot (NYSE:HD) last posted its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share (EPS) for the quarter, beating 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 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 company posted $4.68 EPS. The business’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. As a group, analysts forecast that The Home Depot, Inc. will post 15 EPS for the current year.

Home Depot Dividend Announcement

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

Key Home Depot News

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

• Positive Sentiment: Home Depot reported fiscal second-quarter sales of $47.86 billion, up 5.7% year over year and its strongest comparable-sales growth since 2022. Adjusted earnings of $4.92 per share exceeded the $4.73 analyst consensus, reinforcing the view that the retailer’s turnaround is gaining traction. The Home Depot Posts Record Sales Growth Amid CEO Leave
• Positive Sentiment: The company expanded its Magic Apron AI shopping assistant to every U.S. store. The tool provides localized product information, project guidance and store navigation through text, voice, images and multiple languages. Its potential to improve customer service, employee productivity and conversion rates supports the long-term growth narrative. The Home Depot Expands Magic Apron
• Neutral Sentiment: Analysts and recent commentary see significant upside if housing and remodeling demand recover, with Home Depot’s scale and professional-customer base viewed as competitive advantages. However, the stock remains below its 50-day and 200-day moving averages, indicating that investors have not fully embraced the turnaround thesis. Home Depot Turnaround Could Be Bigger Than Investors Expect
• Neutral Sentiment: Although Home Depot beat quarterly estimates, a reported $685 million tariff refund may have boosted results. Investors could discount part of the earnings strength if the benefit is viewed as nonrecurring. Home Depot Beat Q2 Estimates
• Negative Sentiment: CEO Ted Decker is on temporary medical leave, creating uncertainty around leadership even as operating performance improves. Separately, EVP Michael Rowe sold 710 shares valued at approximately $239,100, a relatively small transaction but a modest negative sentiment signal. Home Depot EVP Michael Rowe Sells Shares

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on HD shares. The Goldman Sachs Group dropped their price objective on Home Depot from $409.00 to $390.00 and set a “buy” rating on the stock in a report on Wednesday, May 20th. Piper Sandler decreased their price target on shares of Home Depot from $422.00 to $421.00 and set an “overweight” rating for the company in a research report on Wednesday, May 20th. JPMorgan Chase & Co. decreased their price target on shares of Home Depot from $423.00 to $396.00 and set an “overweight” rating for the company in a research report on Wednesday, May 20th. Guggenheim restated a “buy” rating and issued a $425.00 price target on shares of Home Depot in a research note on Wednesday, August 19th. Finally, Wells Fargo & Company upped their price target on shares of Home Depot from $360.00 to $400.00 and gave the company an “overweight” rating in a report on Tuesday, August 11th. 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 stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $375.54.

Insiders Place Their Bets

In other news, EVP Michael F. Rowe sold 710 shares of the firm’s stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $336.76, for a total value of $239,099.60. Following the transaction, the executive vice president directly owned 6,838 shares in the company, valued at approximately $2,302,764.88. This trade represents a 9.41% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Richard V. Mcphail sold 5,989 shares of Home Depot stock in a transaction dated 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 transaction, the chief financial officer directly owned 48,104 shares of the company’s stock, valued at $16,759,433.60. This trade represents a 11.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.08% of the stock is currently owned by corporate insiders.

Home Depot 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.