The Home Depot, Inc. $HD Shares Acquired by TD Asset Management Inc

TD Asset Management Inc increased its position in The Home Depot, Inc. (NYSE:HD) by 14.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,579,645 shares of the home improvement retailer’s stock after buying an additional 193,792 shares during the quarter. TD Asset Management Inc’s holdings in Home Depot were worth $543,556,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Brighton Jones LLC lifted its holdings in shares of Home Depot by 36.5% during the fourth quarter. Brighton Jones LLC now owns 26,918 shares of the home improvement retailer’s stock valued at $10,471,000 after purchasing an additional 7,203 shares during the last quarter. Sivia Capital Partners LLC lifted its holdings in shares of Home Depot by 7.1% during the second quarter. Sivia Capital Partners LLC now owns 2,598 shares of the home improvement retailer’s stock valued at $952,000 after purchasing an additional 173 shares during the last quarter. Schnieders Capital Management LLC. lifted its holdings in shares of Home Depot by 14.1% during the second quarter. Schnieders Capital Management LLC. now owns 11,587 shares of the home improvement retailer’s stock valued at $4,248,000 after purchasing an additional 1,433 shares during the last quarter. Darwin Wealth Management LLC purchased a new stake in shares of Home Depot during the second quarter valued at $1,773,000. Finally, Financial Advisors Network Inc. lifted its holdings in shares of Home Depot by 11.3% during the second quarter. Financial Advisors Network Inc. now owns 2,368 shares of the home improvement retailer’s stock valued at $868,000 after purchasing an additional 241 shares during the last quarter. Institutional investors and hedge funds own 70.86% of the company’s stock.

Home Depot Stock Up 0.6%

NYSE:HD opened at $313.42 on Thursday. The firm has a market capitalization of $312.52 billion, a price-to-earnings ratio of 22.26, a PEG ratio of 3.59 and a beta of 0.97. The Home Depot, Inc. has a 1-year low of $289.10 and a 1-year high of $426.75. 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 fifty day moving average price is $323.79 and its 200 day moving average price is $348.36.

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

Home Depot Announces Dividend

The company 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 $2.33 dividend. This represents a $9.32 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Thursday, June 4th. Home Depot’s dividend payout ratio is presently 66.19%.

Home Depot News Summary

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

• Positive Sentiment: One article highlighted that a top analyst sees room for Home Depot to climb further, reinforcing a bullish case for the retailer’s long-term earnings power. How High Can Home Depot’s Stock (HD) Price Rise?
• Positive Sentiment: Coverage on Home Depot’s interconnected retail strategy said the company is boosting sales and generating double-digit online growth despite a difficult home-improvement market, which supports the growth narrative. Is Home Depot’s Interconnected Retail Strategy Paying Off?
• Positive Sentiment: A Texas Supreme Court ruling that limited shipper liability in a case involving Home Depot U.S.A. reduces one legal overhang and may be viewed as a modest risk-friendly development for investors. Texas Supreme Court Limits Shipper Liability in Trucking Crash Case
• Neutral Sentiment: Market commentary noted that Home Depot remains a stock investors are watching among home-improvement names, but it did not introduce a specific new catalyst. Home Improvement Stocks To Keep An Eye On – May 30th
• Neutral Sentiment: Another broad article about out-of-favor stocks and recent weakness reiterated that HD has fallen this year, but it mainly framed the debate as valuation versus business quality rather than signaling a fresh negative development. 3 Out-of-Favor Stocks with Open Questions
• Negative Sentiment: A piece questioning whether Home Depot is fairly priced after recent share-price weakness reflects ongoing investor caution about slower consumer spending and housing-related demand. Is It Time To Reassess Home Depot (HD) After Recent Share Price Weakness?
• Negative Sentiment: A Trefis article on how low Home Depot stock could go highlights downside risk in a market selloff, which may weigh on sentiment even though it is largely a scenario analysis. How Low Can Home Depot Stock Go?

Analyst Ratings Changes

Several brokerages have recently commented on HD. Jefferies Financial Group reduced their target price on Home Depot from $454.00 to $361.00 and set a “buy” rating for the company in a report on Tuesday, May 19th. Morgan Stanley reduced their target price on Home Depot from $420.00 to $400.00 and set an “overweight” rating for the company in a report on Wednesday, May 20th. KeyCorp reaffirmed a “sector weight” rating on shares of Home Depot in a report on Wednesday, February 25th. HSBC reduced their target price on Home Depot from $392.00 to $310.00 and set a “hold” rating for the company in a report on Wednesday, May 20th. Finally, Mizuho reduced their target price on Home Depot from $415.00 to $385.00 and set an “outperform” rating for the company in a report on Wednesday, May 20th. Nineteen equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently 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.