Central Pacific Bank Trust Division Has $1.12 Million Stock Holdings in The Home Depot, Inc. $HD

Central Pacific Bank Trust Division reduced its position in shares of The Home Depot, Inc. (NYSE:HD) by 42.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,176 shares of the home improvement retailer’s stock after selling 2,391 shares during the quarter. Central Pacific Bank Trust Division’s holdings in Home Depot were worth $1,120,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in HD. Advocate Investing Services LLC acquired a new position in Home Depot during the fourth quarter worth $25,000. Parvin Asset Management LLC raised its holdings in shares of Home Depot by 110.0% in the 3rd quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock worth $26,000 after acquiring an additional 33 shares during the last quarter. Cache Advisors LLC bought a new position in Home Depot in the 1st quarter valued at about $27,000. Key Capital Management INC bought a new position in Home Depot in the 4th quarter valued at about $28,000. Finally, Merkkuri Wealth Advisors LLC acquired a new position in Home Depot during the 1st quarter valued at about $28,000. Institutional investors own 70.86% of the company’s stock.

Home Depot News Roundup

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

• Positive Sentiment: Home Depot is consolidating its technology teams under its new executive vice president and chief technology officer to accelerate innovation. The move could improve operational efficiency, digital capabilities and customer engagement over time. Home Depot reshuffles leadership to accelerate tech innovation
• Positive Sentiment: Wall Street analysts remain moderately optimistic on HD, with the average brokerage recommendation equivalent to “Buy.” This supports sentiment, although the concentration of bullish ratings reduces the reliability of the consensus as a standalone investment signal. Is Home Depot a Buy as Wall Street Analysts Look Optimistic?
• Positive Sentiment: Discussion of potentially easing interest rates provides a favorable backdrop for Home Depot because lower borrowing costs may improve housing activity, renovation demand and large-ticket purchases. How Is Home Depot Placed as Rates Ease?
• Neutral Sentiment: Home Depot will release its second-quarter results and host an earnings conference call on August 18. The event is a near-term catalyst, but the announcement itself provides no updated guidance or results. The Home Depot to Host Second Quarter Earnings Conference Call
• Neutral Sentiment: A seasonal “Christmas in July” merchandise collection generated attention, but the promotion is unlikely to materially affect earnings or valuation. Home Depot Stock Gains With 2026 Christmas in July Collection
• Negative Sentiment: A lawsuit alleges that Home Depot used customer data in ways that violated shoppers’ rights. Although the financial impact is uncertain, the case creates legal, reputational and potential compliance risks. Home Depot accused of using customers to boost profit

Analysts Set New Price Targets

Several analysts have recently commented on HD shares. Guggenheim reissued a “buy” rating and issued a $425.00 price objective on shares of Home Depot in a research note on Monday, July 20th. The Goldman Sachs Group lowered their price target on Home Depot from $409.00 to $390.00 and set a “buy” rating for the company in a research report on Wednesday, May 20th. Robert W. Baird dropped their price objective on Home Depot from $430.00 to $380.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 20th. Bank of America assumed coverage on shares of Home Depot in a report on Tuesday, May 5th. They set a “buy” rating and a $374.00 price objective on the stock. Finally, BNP Paribas Exane lowered their target price on shares of Home Depot from $348.00 to $325.00 and set a “neutral” rating for the company in a report on Tuesday, May 19th. Eighteen analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Home Depot presently has an average rating of “Moderate Buy” and a consensus target price of $371.71.

Home Depot Price Performance

Shares of NYSE:HD opened at $354.03 on Thursday. The company has a market capitalization of $353.01 billion, a P/E ratio of 25.14, a price-to-earnings-growth ratio of 4.02 and a beta of 0.95. The company’s 50-day moving average is $334.43 and its 200 day moving average is $343.22. The company has a debt-to-equity ratio of 3.23, a quick ratio of 0.28 and a current ratio of 1.04. The Home Depot, Inc. has a fifty-two week low of $289.10 and a fifty-two week high of $426.75.

Home Depot (NYSE:HD) last posted its quarterly earnings data on Tuesday, May 19th. The home improvement retailer reported $3.43 earnings per share (EPS) for the quarter, topping 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 business had revenue of $41.77 billion during the quarter, compared to the consensus estimate of $41.59 billion. During the same quarter last year, the company posted $3.56 earnings per share. The firm’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. On average, equities research analysts forecast that The Home Depot, Inc. will post 15.01 earnings per share for the current year.

Home Depot Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were paid a $2.33 dividend. The ex-dividend date was Thursday, June 4th. This represents a $9.32 annualized dividend and a dividend yield of 2.6%. Home Depot’s payout ratio is presently 66.19%.

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.