R Squared Ltd purchased a new stake in shares of The Home Depot, Inc. (NYSE:HD – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 5,872 shares of the home improvement retailer’s stock, valued at approximately $1,671,000. Home Depot makes up 0.9% of R Squared Ltd’s holdings, making the stock its 10th biggest holding.
Other institutional investors have also added to or reduced their stakes in the company. Zeit Capital LLC purchased a new stake in shares of Home Depot during the 2nd quarter worth approximately $26,000. Next Level Wealth Planning LLC bought a new position in shares of Home Depot during the 3rd quarter valued at approximately $28,000. Principia Wealth Advisory LLC grew its holdings in shares of Home Depot by 60.4% in the second quarter. Principia Wealth Advisory LLC now owns 85 shares of the home improvement retailer’s stock valued at $30,000 after purchasing an additional 32 shares in the last quarter. Navigoe LLC purchased a new position in shares of Home Depot in the second quarter valued at $32,000. Finally, Livelsberger Financial Advisory purchased a new position in shares of Home Depot in the third quarter valued at $32,000. Hedge funds and other institutional investors own 70.86% of the company’s stock.
Home Depot Price Performance
NYSE:HD opened at $348.07 on Friday. The firm has a market capitalization of $347.27 billion, a price-to-earnings ratio of 24.36, a PEG ratio of 2.60 and a beta of 0.93. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.08 and a quick ratio of 0.31. The business has a 50 day simple moving average of $311.57 and a 200-day simple moving average of $333.42. The Home Depot, Inc. has a 1 year low of $277.15 and a 1 year high of $397.63.
Home Depot (NYSE:HD – Get Free Report) last released its earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share for the quarter, beating the consensus estimate of $4.73 by $0.19. Home Depot had a return on equity of 106.42% and a net margin of 8.41%. The firm had revenue of $47.86 billion for the quarter, compared to the consensus estimate of $47.24 billion. During the same quarter in the previous year, the company posted $4.68 EPS. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Equities analysts forecast that The Home Depot, Inc. will post 15.01 EPS for the current year.
Home Depot Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd were paid a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Thursday, September 3rd. Home Depot’s payout ratio is presently 65.22%.
Insider Activity
In other news, EVP Teresa Roseborough sold 2,455 shares of the stock in a transaction on Friday, August 28th. The shares were sold at an average price of $328.77, for a total value of $807,130.35. Following the sale, the executive vice president owned 14,061 shares of the company’s stock, valued at approximately $4,622,834.97. This represents a 14.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Kimberly R. Scardino sold 675 shares of the firm’s stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $305.95, for a total transaction of $206,516.25. Following the completion of the sale, the chief accounting officer owned 8,189 shares of the company’s stock, valued at $2,505,424.55. This trade represents a 7.62% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 9,829 shares of company stock valued at $3,339,314 over the last ninety days. 0.08% of the stock is owned by corporate insiders.
Wall Street Analyst Weigh In
Several brokerages recently weighed in on HD. Royal Bank Of Canada reduced their price target on shares of Home Depot from $343.00 to $342.00 and set a “sector perform” rating on the stock in a research report on Wednesday, August 19th. Mizuho increased their price objective on shares of Home Depot from $385.00 to $390.00 and gave the company an “outperform” rating in a research report on Wednesday, August 19th. JPMorgan Chase & Co. lifted their price objective on shares of Home Depot from $396.00 to $400.00 and gave the stock an “overweight” rating in a research note on Monday. Melius Research set a $397.00 target price on shares of Home Depot in a report on Tuesday, October 6th. Finally, Guggenheim restated a “buy” rating and issued a $425.00 target price on shares of Home Depot in a report on Wednesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Home Depot currently has a consensus rating of “Moderate Buy” and an average target price of $375.90.
View Our Latest Stock Report on HD
Top Home Depot Stories
These are some of the HD stories that stood out recently:
- Positive Sentiment: Home Depot’s expanding Pro business, digital sales growth and ongoing investments are cited as growth drivers. One report also highlights the company among retailers with a strong probability of beating earnings expectations, though no results have been reported yet. Home Depot Stock Rallies 20% in a Month: Is It Still a Buy? Retail stocks with earnings-beat potential
- Neutral Sentiment: Pre-earnings coverage focuses on analyst estimates for Home Depot’s October-quarter results and key metrics, but the articles provide no reported figures; the upcoming release may be an important catalyst. Analyst projections for Home Depot Q3 earnings
- Negative Sentiment: Elevated mortgage rates and sluggish housing activity could restrain demand, while rising costs are a concern. Separate commentary warns that HD’s roughly 20% one-month rally may have left the stock looking expensive relative to its cash-generation outlook; technical pressure ahead of earnings adds near-term risk. Home Depot stock looks overvalued after its run Technical pressure ahead of earnings
Home Depot Profile
The Home Depot, Inc. is a home improvement retailer serving do-it-yourself customers, professional contractors and other businesses. The company sells building materials, tools, hardware, appliances, paint, flooring, and products for home maintenance, repair and renovation, as well as lawn and garden supplies. In addition to its retail stores and online channels, Home Depot offers services such as product delivery, equipment rental and home improvement installation. The company was founded in 1978 and is headquartered in Atlanta, Georgia.
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