The Home Depot, Inc. $HD Shares Acquired by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. grew its holdings in The Home Depot, Inc. (NYSE:HD) by 163.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,300 shares of the home improvement retailer’s stock after acquiring an additional 3,290 shares during the period. Hillsdale Investment Management Inc.’s holdings in Home Depot were worth $1,824,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the business. Zhang Financial LLC grew its stake in shares of Home Depot by 2.7% in the fourth quarter. Zhang Financial LLC now owns 5,705 shares of the home improvement retailer’s stock worth $1,963,000 after acquiring an additional 148 shares in the last quarter. Fideuram Asset Management Ireland dac acquired a new position in shares of Home Depot in the fourth quarter worth $9,897,000. National Pension Service grew its stake in shares of Home Depot by 3.4% in the fourth quarter. National Pension Service now owns 2,137,562 shares of the home improvement retailer’s stock worth $735,535,000 after acquiring an additional 71,286 shares in the last quarter. South Street Advisors LLC grew its stake in shares of Home Depot by 0.8% during the fourth quarter. South Street Advisors LLC now owns 4,157 shares of the home improvement retailer’s stock worth $1,430,000 after purchasing an additional 35 shares in the last quarter. Finally, Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. acquired a new position in shares of Home Depot during the fourth quarter worth $220,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Richard V. Mcphail sold 2,550 shares of the business’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $368.89, for a total value of $940,669.50. Following the completion of the sale, the chief financial officer directly owned 44,566 shares of the company’s stock, valued at $16,439,951.74. The trade was a 5.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.08% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages recently commented on HD. Wells Fargo & Company lowered their target price on shares of Home Depot from $375.00 to $360.00 and set an “overweight” rating for the company in a research note on Wednesday, May 20th. Telsey Advisory Group lowered their target price on shares of Home Depot from $435.00 to $410.00 and set an “outperform” rating for the company in a research note on Wednesday, May 20th. KeyCorp reiterated a “sector weight” rating on shares of Home Depot in a research note on Wednesday, February 25th. Piper Sandler lowered their target price on shares of Home Depot from $422.00 to $421.00 and set an “overweight” rating for the company in a research note on Wednesday, May 20th. Finally, Argus lowered their target price on shares of Home Depot from $425.00 to $400.00 and set a “buy” rating for the company in a research note on Thursday, May 21st. Twenty analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Home Depot currently has a consensus rating of “Moderate Buy” and a consensus target price of $371.39.

Home Depot Stock Performance

Shares of HD stock opened at $317.41 on Monday. The Home Depot, Inc. has a 12 month low of $289.10 and a 12 month high of $426.75. The company has a market cap of $316.49 billion, a P/E ratio of 22.54, a PEG ratio of 3.66 and a beta of 0.97. 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 firm has a fifty day moving average price of $324.70 and a 200 day moving average price of $349.61.

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

Home Depot Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be given a $2.33 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $9.32 dividend on an annualized basis and a yield of 2.9%. Home Depot’s payout ratio is 66.19%.

Key Stories Impacting Home Depot

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

• Positive Sentiment: Home Depot is expanding store-based services by testing on-site car key duplication through a partnership with KeyMe Locksmiths, which could deepen customer relationships and support more traffic and cross-selling in stores. Home Depot Tests On Site Car Key Service To Deepen Store Relationships
• Neutral Sentiment: JPMorgan-style market commentary and a broader “home improvement stocks” roundup suggest investors are still watching the sector closely, but this looks more like a reference piece than a direct catalyst for Home Depot. Top Home Improvement Stocks To Follow Today – May 28th
• Negative Sentiment: Zacks Research trimmed several forward EPS estimates for Home Depot, including FY2027, FY2028, FY2029 and multiple quarterly forecasts, while keeping a “Hold” rating. That points to slightly softer expectations for future earnings growth.
• Negative Sentiment: Jim Cramer singled out Home Depot as one of the market’s “legitimate disappointments,” tying weaker performance to rising interest rates, which can weigh on home-improvement demand and investor sentiment. Jim Cramer on Home Depot: “I Was Honestly Bracing for the Worst Here”

About Home Depot

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.