2,939 Shares in The Home Depot, Inc. $HD Bought by Zinnia Wealth Advisory LLC

Zinnia Wealth Advisory LLC bought a new position in The Home Depot, Inc. (NYSE:HD) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 2,939 shares of the home improvement retailer’s stock, valued at approximately $1,011,000. Home Depot accounts for approximately 1.1% of Zinnia Wealth Advisory LLC’s investment portfolio, making the stock its 21st biggest holding.

A number of other large investors also recently added to or reduced their stakes in HD. Norges Bank purchased a new position in Home Depot in the 4th quarter worth $4,850,329,000. Wellington Management Group LLP raised its position in Home Depot by 60.8% in the 3rd quarter. Wellington Management Group LLP now owns 10,143,089 shares of the home improvement retailer’s stock worth $4,109,878,000 after purchasing an additional 3,836,051 shares during the period. Cardano Risk Management B.V. raised its position in Home Depot by 901.5% in the 4th quarter. Cardano Risk Management B.V. now owns 3,290,540 shares of the home improvement retailer’s stock worth $1,132,275,000 after purchasing an additional 2,961,979 shares during the period. Parnassus Investments LLC raised its position in Home Depot by 712.3% in the 4th quarter. Parnassus Investments LLC now owns 2,080,538 shares of the home improvement retailer’s stock worth $715,913,000 after purchasing an additional 1,824,409 shares during the period. Finally, Vanguard Group Inc. raised its position in Home Depot by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 99,635,779 shares of the home improvement retailer’s stock worth $34,284,672,000 after purchasing an additional 1,325,748 shares during the period. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Home Depot Trading Up 0.5%

Shares of HD opened at $330.00 on Tuesday. The firm’s 50-day moving average price is $322.61 and its 200-day moving average price is $346.97. The firm has a market capitalization of $329.05 billion, a price-to-earnings ratio of 23.44, a PEG ratio of 3.79 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 Home Depot, Inc. has a 1-year low of $289.10 and a 1-year high of $426.75.

Home Depot (NYSE:HD) last announced its 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. 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%. The company’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.56 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Sell-side analysts anticipate that The Home Depot, Inc. will post 15.01 EPS 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 of this dividend is Thursday, June 4th. This represents a $9.32 annualized dividend and a yield of 2.8%. 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: Analysts and market articles are highlighting signs of a potential turnaround in Home Depot’s FY26 outlook, citing positive comparable sales, stronger Pro demand, and digital growth as evidence that operations may be improving. Article: Home Depot’s FY26 Earnings Outlook: Signs of a Turnaround?
• Positive Sentiment: Coverage focused on Home Depot’s push into the Pro market says acquisitions like SRS Distribution and Mingledorff’s could broaden its earnings mix and create a stronger long-term growth engine beyond traditional big-box retail. Article: Home Depot’s Pro Pivot Reshapes Growth Potential And Earnings Mix
• Positive Sentiment: Several pieces argue that HD may have meaningful upside over the next few years, including a forecast that the shares could reach $450 by 2028 if the company continues executing well and demand improves. Article: Home Depot Shares to Hit $450 in 2028? Here’s the Math
• Neutral Sentiment: Commentary asking whether Home Depot is a buy, sell, or hold after Q1 earnings suggests investors are still weighing the company’s solid execution against housing-market pressure and softer discretionary spending. Article: Home Depot (HD): Buy, sell, or hold post Q1 earnings?
• Neutral Sentiment: Additional articles about Home Depot’s dividend history and stock-screening mentions are largely informational and unlikely to move the stock much on their own. Article: Home Depot or Lowe’s: 1 Has Raised Its Dividend for 50+ Years. The Other Pays More Now
• Negative Sentiment: Some coverage still notes that housing affordability pressure, consumer uncertainty, and weaker discretionary demand remain headwinds that could limit near-term sales growth for HD. Article: Promising Home Improvement Stocks To Consider – June 12th

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Piper Sandler decreased their target price on shares of Home Depot from $422.00 to $421.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 20th. Citigroup decreased their target price on shares of Home Depot from $450.00 to $400.00 and set a “buy” rating on the stock in a research report on Tuesday, May 12th. Mizuho cut their price target on shares of Home Depot from $415.00 to $385.00 and set an “outperform” rating on the stock in a report on Wednesday, May 20th. Daiwa Securities Group raised their price target 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, Evercore cut their price target on shares of Home Depot from $415.00 to $400.00 and set an “outperform” 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 company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $371.71.

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.