MUFG Securities EMEA plc Grows Stock Position in The Home Depot, Inc. $HD

MUFG Securities EMEA plc lifted its stake in The Home Depot, Inc. (NYSE:HD) by 31.5% in the fourth quarter, HoldingsChannel reports. The firm owned 90,801 shares of the home improvement retailer’s stock after acquiring an additional 21,757 shares during the quarter. MUFG Securities EMEA plc’s holdings in Home Depot were worth $31,245,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of HD. Parvin Asset Management LLC boosted its holdings in Home Depot by 110.0% in the third quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock valued at $26,000 after purchasing an additional 33 shares during the period. Key Capital Management INC purchased a new position in Home Depot in the fourth quarter valued at $28,000. Financially Speaking Inc purchased a new position in Home Depot in the third quarter valued at $31,000. Navalign LLC purchased a new position in Home Depot in the fourth quarter valued at $31,000. Finally, Disciplined Equity Management Inc. purchased a new stake in Home Depot during the 4th quarter worth about $34,000. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Home Depot

In other news, CFO Richard V. Mcphail sold 2,550 shares of the business’s stock in a transaction that occurred 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 sale, the chief financial officer owned 44,566 shares of the company’s stock, valued at $16,439,951.74. The trade was a 5.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.08% of the stock is owned by company insiders.

Home Depot Stock Performance

NYSE HD opened at $317.41 on Friday. The company has a current ratio of 1.04, a quick ratio of 0.28 and a debt-to-equity ratio of 3.23. The business’s 50 day moving average is $324.70 and its two-hundred day moving average is $349.76. The Home Depot, Inc. has a 12-month low of $289.10 and a 12-month high of $426.75. The stock has a market capitalization of $316.49 billion, a price-to-earnings ratio of 22.54, a PEG ratio of 3.66 and a beta of 1.00.

Home Depot (NYSE:HD) last released its earnings results on Tuesday, May 19th. The home improvement retailer reported $3.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.41 by $0.02. Home Depot had a return on equity of 117.24% and a net margin of 8.41%.The company had revenue of $41.77 billion for the quarter, compared to analysts’ expectations of $41.59 billion. During the same quarter in the previous year, the firm posted $3.56 EPS. The firm’s quarterly revenue was up 4.8% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Research analysts expect that The Home Depot, Inc. will post 15.02 EPS for the current year.

Home Depot Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be given a dividend of $2.33 per share. The ex-dividend date is Thursday, June 4th. This represents a $9.32 annualized dividend and a yield of 2.9%. Home Depot’s payout ratio is presently 66.19%.

Key Stories Impacting Home Depot

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

• Positive Sentiment: Home Depot is expanding in-store services by partnering with KeyMe Locksmiths to offer on-site car key duplication at selected locations, a small but positive sign that the company is deepening customer traffic and broadening its service mix. Home Depot Tests On Site Car Key Service To Deepen Store Relationships
• Neutral Sentiment: Several Zacks Research updates were mixed: the firm nudged some future quarterly and annual earnings forecasts higher, but also cut other estimates and kept a Hold rating. The changes were small overall, suggesting analysts still see steady long-term earnings, but not a clear near-term catalyst. Jim Cramer on Home Depot: “I Was Honestly Bracing for the Worst Here”
• Negative Sentiment: Analysts trimmed FY2027, FY2028, FY2029, and several 2027–2028 quarterly EPS estimates for Home Depot, reinforcing worries that earnings growth may be moderating. Those revisions can weigh on the stock because they point to slower expected profitability ahead. Jim Cramer on Home Depot: “I Was Honestly Bracing for the Worst Here”
• Negative Sentiment: Jim Cramer’s comments also highlighted Home Depot as one of the market’s disappointments, with rising rates continuing to pressure big-ticket home improvement demand. That kind of sentiment can add to the stock’s weakness when investors are already cautious about consumer spending. Jim Cramer on Lowe’s: “The Company’s Doing So Much Better Than Anybody Expected”

Analysts Set New Price Targets

A number of analysts have issued reports on the company. BNP Paribas Exane decreased their price target on Home Depot from $348.00 to $325.00 and set a “neutral” rating for the company in a report on Tuesday, May 19th. DA Davidson decreased their price target on Home Depot from $445.00 to $377.00 and set a “buy” rating for the company in a report on Tuesday, May 19th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $346.00 price target on shares of Home Depot in a report on Wednesday, May 20th. Telsey Advisory Group decreased their price target on Home Depot from $435.00 to $410.00 and set an “outperform” rating for the company in a report on Wednesday, May 20th. Finally, Citigroup decreased their price target on Home Depot from $450.00 to $400.00 and set a “buy” rating for the company in a report on Tuesday, May 12th. Twenty investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $371.39.

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.