Capital International Inc. CA Acquires 31,491 Shares of The Home Depot, Inc. $HD

Capital International Inc. CA raised its holdings in The Home Depot, Inc. (NYSE:HD) by 27.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 144,181 shares of the home improvement retailer’s stock after purchasing an additional 31,491 shares during the quarter. Capital International Inc. CA’s holdings in Home Depot were worth $58,421,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Financially Speaking Inc acquired a new stake in Home Depot in the third quarter valued at about $31,000. Sagard Holdings Management Inc. bought a new position in shares of Home Depot in the second quarter worth about $29,000. Dougherty Wealth Advisers LLC bought a new position in shares of Home Depot in the third quarter worth about $38,000. AXS Investments LLC acquired a new stake in shares of Home Depot in the 3rd quarter valued at approximately $38,000. Finally, Marquette Asset Management LLC acquired a new stake in shares of Home Depot in the 3rd quarter valued at approximately $38,000. Institutional investors own 70.86% of the company’s stock.

Home Depot Stock Performance

NYSE HD opened at $353.35 on Tuesday. The company has a market cap of $351.76 billion, a P/E ratio of 24.83, a PEG ratio of 12.86 and a beta of 1.09. The company has a fifty day simple moving average of $373.70 and a 200 day simple moving average of $378.14. The company has a current ratio of 1.06, a quick ratio of 0.26 and a debt-to-equity ratio of 3.62. The Home Depot, Inc. has a 12-month low of $326.31 and a 12-month high of $426.75.

Home Depot (NYSE:HD) last released its quarterly earnings data on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, beating analysts’ consensus estimates of $2.52 by $0.20. The firm had revenue of $38.20 billion for the quarter, compared to analyst estimates of $38.01 billion. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The business’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same period last year, the firm earned $3.13 earnings per share. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Sell-side analysts predict that The Home Depot, Inc. will post 15.13 earnings per share for the current fiscal year.

Home Depot Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be paid a $2.33 dividend. This represents a $9.32 annualized dividend and a dividend yield of 2.6%. This is a boost from Home Depot’s previous quarterly dividend of $2.30. The ex-dividend date of this dividend is Thursday, March 12th. Home Depot’s dividend payout ratio (DPR) is currently 64.65%.

Insider Buying and Selling

In related news, EVP Ann Marie Campbell sold 145 shares of the company’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $358.26, for a total transaction of $51,947.70. Following the completion of the sale, the executive vice president owned 12,320 shares in the company, valued at approximately $4,413,763.20. This represents a 1.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Richard V. Mcphail sold 2,550 shares of Home Depot stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $368.89, for a total transaction of $940,669.50. Following the transaction, the chief financial officer directly owned 44,566 shares in the company, valued at $16,439,951.74. This represents a 5.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 7,513 shares of company stock worth $2,689,515 in the last ninety days. Corporate insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on HD shares. DZ Bank reissued a “sell” rating on shares of Home Depot in a research note on Tuesday, November 18th. DA Davidson boosted their target price on shares of Home Depot from $407.00 to $445.00 and gave the stock a “buy” rating in a research note on Tuesday, February 24th. KeyCorp reiterated a “sector weight” rating on shares of Home Depot in a research note on Wednesday, February 25th. Citigroup raised their price objective on Home Depot from $407.00 to $450.00 and gave the company a “buy” rating in a report on Thursday, February 12th. Finally, Morgan Stanley boosted their price objective on Home Depot from $412.00 to $420.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 25th. Twenty research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $416.00.

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.