Shares of The Home Depot Inc. (NYSE:HD) saw unusually-high trading volume on Tuesday . Approximately 4,778,772 shares traded hands during mid-day trading, an increase of 27% from the previous session’s volume of 3,756,305 shares.The stock last traded at $136.74 and had previously closed at $137.06.

HD has been the subject of several research reports. Zacks Investment Research raised The Home Depot from a “hold” rating to a “buy” rating and set a $152.00 target price for the company in a research report on Wednesday, April 20th. Citigroup Inc. raised The Home Depot to a “buy” rating and set a $152.00 target price for the company in a research report on Thursday, May 19th. Deutsche Bank AG lifted their price objective on The Home Depot from $135.00 to $143.00 and gave the company a “buy” rating in a report on Wednesday, May 18th. Argus reissued a “buy” rating and set a $150.00 price objective (up from $145.00) on shares of The Home Depot in a report on Wednesday, May 18th. Finally, Robert W. Baird reissued a “buy” rating on shares of The Home Depot in a report on Monday, May 16th. One analyst has rated the stock with a sell rating, eight have given a hold rating and nineteen have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $146.53.

The company’s 50 day moving average is $135.14 and its 200-day moving average is $130.89. The stock has a market cap of $168.26 billion and a PE ratio of 23.76.

The Home Depot (NYSE:HD) last issued its quarterly earnings results on Tuesday, August 16th. The home improvement retailer reported $1.97 earnings per share for the quarter, meeting the consensus estimate of $1.97. The company earned $26.47 billion during the quarter, compared to analyst estimates of $26.47 billion. During the same period in the previous year, the company posted $1.71 EPS. The company’s quarterly revenue was up 6.6% on a year-over-year basis. On average, equities analysts expect that The Home Depot Inc. will post $6.33 earnings per share for the current fiscal year.

In related news, Director Wayne M. Hewett purchased 350 shares of the firm’s stock in a transaction dated Tuesday, May 31st. The stock was bought at an average price of $132.53 per share, with a total value of $46,385.50. Following the completion of the purchase, the director now owns 1,050 shares in the company, valued at approximately $139,156.50. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink.

A number of large investors have added to or reduced their stakes in HD. Engineers Gate Manager LP boosted its stake in The Home Depot by 7.7% in the fourth quarter. Engineers Gate Manager LP now owns 47,807 shares of the home improvement retailer’s stock valued at $6,322,000 after buying an additional 3,398 shares in the last quarter. Profund Advisors LLC boosted its stake in The Home Depot by 12.0% in the fourth quarter. Profund Advisors LLC now owns 58,759 shares of the home improvement retailer’s stock valued at $7,771,000 after buying an additional 6,278 shares in the last quarter. Calamos Advisors LLC boosted its stake in The Home Depot by 4.9% in the fourth quarter. Calamos Advisors LLC now owns 1,913,889 shares of the home improvement retailer’s stock valued at $253,112,000 after buying an additional 89,719 shares in the last quarter. Synovus Financial Corp boosted its stake in The Home Depot by 0.5% in the fourth quarter. Synovus Financial Corp now owns 211,354 shares of the home improvement retailer’s stock valued at $27,943,000 after buying an additional 1,057 shares in the last quarter. Finally, Alpha Cubed Investments LLC boosted its stake in The Home Depot by 17.6% in the fourth quarter. Alpha Cubed Investments LLC now owns 47,671 shares of the home improvement retailer’s stock valued at $6,305,000 after buying an additional 7,121 shares in the last quarter.

The Home Depot, Inc (The Home Depot) is a home improvement retailer. The Company sells an assortment of building materials, home improvement products, and lawn and garden products, and provides various services. The Home Depot stores serve three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers.

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