Arcus Capital Partners LLC increased its position in Home Depot, Inc. (The) (NYSE:HD) by 0.1% during the first quarter, according to its most recent disclosure with the SEC. The firm owned 6,752 shares of the home improvement retailer’s stock after buying an additional 9 shares during the period. Arcus Capital Partners LLC’s holdings in Home Depot, Inc. (The) were worth $991,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. Norges Bank bought a new position in Home Depot, Inc. (The) during the fourth quarter worth $1,502,692,000. Fisher Asset Management LLC boosted its position in Home Depot, Inc. (The) by 1.3% in the first quarter. Fisher Asset Management LLC now owns 8,649,798 shares of the home improvement retailer’s stock worth $1,270,050,000 after buying an additional 108,242 shares during the period. Jennison Associates LLC boosted its position in Home Depot, Inc. (The) by 11.7% in the first quarter. Jennison Associates LLC now owns 5,304,624 shares of the home improvement retailer’s stock worth $778,878,000 after buying an additional 556,596 shares during the period. Pioneer Investment Management Inc. boosted its position in Home Depot, Inc. (The) by 6.6% in the first quarter. Pioneer Investment Management Inc. now owns 4,893,585 shares of the home improvement retailer’s stock worth $718,525,000 after buying an additional 301,905 shares during the period. Finally, C WorldWide Group Holding A S boosted its position in Home Depot, Inc. (The) by 9.3% in the first quarter. C WorldWide Group Holding A S now owns 3,140,888 shares of the home improvement retailer’s stock worth $461,176,000 after buying an additional 267,358 shares during the period. 71.48% of the stock is owned by institutional investors.

Home Depot, Inc. (NYSE HD) opened at 152.75 on Friday. Home Depot, Inc. has a one year low of $119.20 and a one year high of $160.86. The stock has a market cap of $182.62 billion, a P/E ratio of 22.86 and a beta of 1.08. The company has a 50-day moving average price of $152.13 and a 200-day moving average price of $148.91.

Home Depot, Inc. (The) (NYSE:HD) last issued its quarterly earnings results on Tuesday, May 16th. The home improvement retailer reported $1.67 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.61 by $0.06. The company had revenue of $23.89 billion for the quarter, compared to the consensus estimate of $23.74 billion. Home Depot, Inc. (The) had a return on equity of 158.80% and a net margin of 8.53%. The firm’s revenue was up 4.9% compared to the same quarter last year. During the same period last year, the business posted $1.44 earnings per share. On average, analysts anticipate that Home Depot, Inc. will post $7.24 earnings per share for the current year.

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HD has been the subject of a number of analyst reports. Royal Bank Of Canada reissued an “outperform” rating and issued a $176.00 price target on shares of Home Depot, Inc. (The) in a report on Friday, June 16th. Vetr upgraded Home Depot, Inc. (The) from a “hold” rating to a “buy” rating and set a $153.35 target price for the company in a research note on Monday, April 10th. Robert W. Baird set a $175.00 target price on Home Depot, Inc. (The) and gave the company a “buy” rating in a research note on Wednesday, May 17th. Zacks Investment Research upgraded Home Depot, Inc. (The) from a “hold” rating to a “buy” rating and set a $170.00 target price for the company in a research note on Tuesday, April 25th. Finally, Atlantic Securities lowered Home Depot, Inc. (The) from an “overweight” rating to a “neutral” rating and set a $168.00 target price for the company. in a research note on Thursday, May 11th. Two analysts have rated the stock with a sell rating, six have given a hold rating and twenty have assigned a buy rating to the company’s stock. Home Depot, Inc. (The) currently has an average rating of “Buy” and a consensus price target of $164.68.

In related news, CEO Craig A. Menear sold 90,661 shares of Home Depot, Inc. (The) stock in a transaction dated Wednesday, May 17th. The stock was sold at an average price of $156.79, for a total transaction of $14,214,738.19. Following the sale, the chief executive officer now directly owns 240,090 shares of the company’s stock, valued at $37,643,711.10. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Ann Marie Campbell sold 7,000 shares of Home Depot, Inc. (The) stock in a transaction dated Wednesday, May 17th. The stock was sold at an average price of $156.56, for a total value of $1,095,920.00. Following the sale, the executive vice president now directly owns 54,091 shares in the company, valued at $8,468,486.96. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 128,900 shares of company stock worth $20,167,386. 0.26% of the stock is currently owned by company insiders.

Home Depot, Inc. (The) Company Profile

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 serves three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers.

Institutional Ownership by Quarter for Home Depot, Inc. (The) (NYSE:HD)

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