2,294 Shares in The Home Depot, Inc. $HD Bought by Tandemgrowth Financial Advisors LLC

Tandemgrowth Financial Advisors LLC purchased a new position in shares of The Home Depot, Inc. (NYSE:HD) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 2,294 shares of the home improvement retailer’s stock, valued at approximately $789,000. Home Depot accounts for approximately 0.7% of Tandemgrowth Financial Advisors LLC’s investment portfolio, making the stock its 15th largest position.

Other institutional investors have also recently added to or reduced their stakes in the company. Parvin Asset Management LLC boosted its position in Home Depot by 110.0% during the 3rd quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock worth $26,000 after purchasing an additional 33 shares during the period. Key Capital Management INC acquired a new position in Home Depot in the 4th quarter worth $28,000. Financially Speaking Inc acquired a new position in Home Depot in the 3rd quarter worth $31,000. Navalign LLC acquired a new position in Home Depot in the 4th quarter worth $31,000. Finally, Disciplined Equity Management Inc. acquired a new position in Home Depot in the 4th quarter worth $34,000. 70.86% of the stock is owned by hedge funds and other institutional investors.

Home Depot Price Performance

HD opened at $326.71 on Friday. The firm has a market cap of $325.77 billion, a price-to-earnings ratio of 23.20, a price-to-earnings-growth ratio of 3.68 and a beta of 0.97. The Home Depot, Inc. has a fifty-two week low of $289.10 and a fifty-two week high of $426.75. The company’s 50-day moving average price is $322.48 and its 200 day moving average price is $347.18. The company has a quick ratio of 0.28, a current ratio of 1.04 and a debt-to-equity ratio of 3.23.

Home Depot (NYSE:HD) last released its quarterly earnings data on Tuesday, May 19th. The home improvement retailer reported $3.43 earnings per share for the quarter, topping 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 net margin of 8.41% and a return on equity of 117.24%. Home Depot’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.56 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, sell-side analysts expect that The Home Depot, Inc. will post 15.01 earnings per share for the current year.

Home Depot Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be paid 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 dividend payout ratio is 66.19%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Robert W. Baird cut their price objective on shares of Home Depot from $430.00 to $380.00 and set an “outperform” rating on the stock in a report on Wednesday, May 20th. Weiss Ratings upgraded shares of Home Depot from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday. Royal Bank Of Canada cut their price objective on shares of Home Depot from $377.00 to $340.00 and set a “sector perform” rating on the stock in a report on Wednesday, May 20th. Daiwa Securities Group boosted their price objective on shares of Home Depot from $360.00 to $390.00 and gave the stock a “neutral” rating in a report on Thursday, February 26th. Finally, Piper Sandler cut their price objective on shares of Home Depot from $422.00 to $421.00 and set an “overweight” rating on the stock in a report on Wednesday, May 20th. Nineteen investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $371.36.

Home Depot News Roundup

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

• Positive Sentiment: Jim Cramer said Home Depot looks like a “good level” to own, which may reinforce confidence that the stock is attractive after recent weakness. Jim Cramer on Home Depot: “I Think That This Is a Good Level”
• Positive Sentiment: Additional commentary highlighted Home Depot’s “wide moat” and long-term compounding potential, supporting the view that the company remains a high-quality defensive retailer. 1 Cyclical Dow Juggernaut With an Unshakable Moat to Buy
• Neutral Sentiment: Erste Group Bank trimmed its FY2027 and FY2028 earnings estimates slightly, but the revisions were small and still leave expectations near Wall Street’s current full-year EPS outlook, so the impact on sentiment appears limited.
• Neutral Sentiment: Coverage on Home Depot’s expansion efforts, including recent pro-focused acquisitions, suggests management is continuing to build scale and logistics capabilities, but the articles frame this as a longer-term strategy rather than an immediate catalyst. Home Depot’s Expansion Play: Building Scale or Growth Story?

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.