Praxis Capital Management LLC Buys New Shares in The Home Depot, Inc. $HD

Praxis Capital Management LLC bought a new stake in The Home Depot, Inc. (NYSE:HD) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 2,097 shares of the home improvement retailer’s stock, valued at approximately $722,000. Home Depot makes up about 2.6% of Praxis Capital Management LLC’s investment portfolio, making the stock its 16th largest holding.

A number of other hedge funds have also added to or reduced their stakes in the business. Frazier Financial Advisors LLC grew its position in Home Depot by 37.6% in the fourth quarter. Frazier Financial Advisors LLC now owns 1,485 shares of the home improvement retailer’s stock valued at $511,000 after purchasing an additional 406 shares in the last quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in Home Depot in the fourth quarter valued at $255,000. Prospera Financial Services Inc lifted its stake in Home Depot by 1.5% in the fourth quarter. Prospera Financial Services Inc now owns 57,292 shares of the home improvement retailer’s stock valued at $19,735,000 after acquiring an additional 858 shares during the last quarter. Pathfinder Wealth Consulting Inc. acquired a new stake in Home Depot in the fourth quarter valued at $854,000. Finally, Buckhead Capital Management LLC lifted its stake in Home Depot by 0.3% in the fourth quarter. Buckhead Capital Management LLC now owns 23,714 shares of the home improvement retailer’s stock valued at $8,160,000 after acquiring an additional 77 shares during the last quarter. Institutional investors own 70.86% of the company’s stock.

Trending Headlines about Home Depot

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

• Positive Sentiment: Home Depot’s comparable sales are holding up better than feared, with one report noting comps are now catching up to Lowe’s, which could support a stronger relative performance if that trend continues. Home Depot comps finally catch Lowe’s, opening the door for the stock to do the same
• Positive Sentiment: Analysts and market commentators continue to describe Home Depot as a high-quality, lower-risk name in retail, and some note the post-earnings selloff may have gone too far relative to the company’s fundamentals. 5 Best Low Risk Stocks to Buy in 2026
• Positive Sentiment: Home Depot’s quarterly dividend was raised to $2.33 per share, reinforcing management’s confidence and supporting the stock’s income appeal. The Home Depot Declares Quarterly Dividend of $2.33
• Neutral Sentiment: Recent earnings showed Home Depot beat expectations on revenue and EPS, but management commentary still pointed to ongoing consumer and housing-market headwinds, with fewer transactions offsetting a stronger average ticket. Home Depot Revenue Beats as Housing Headwinds Weigh on Earnings
• Neutral Sentiment: Several analysts turned more cautious after earnings by cutting price targets, signaling that expectations remain tempered even though ratings stayed constructive. DA Davidson and RBC Capital Markets Turn More Cautious on Home Depot (HD) after Earnings
• Negative Sentiment: Commentary continues to emphasize that higher interest rates and weak housing activity are weighing on big-ticket home-improvement demand, which limits near-term upside for HD. Jim Cramer on Home Depot: “Anything Connected to Housing Gets Hurt by Higher Rates”

Home Depot Stock Performance

NYSE HD opened at $313.18 on Friday. The firm has a 50-day moving average of $326.94 and a 200-day moving average of $351.82. The company has a debt-to-equity ratio of 3.23, a quick ratio of 0.26 and a current ratio of 1.04. The stock has a market cap of $311.94 billion, a PE ratio of 22.24, a P/E/G ratio of 3.62 and a beta of 1.00. The Home Depot, Inc. has a 52-week low of $289.10 and a 52-week high of $426.75.

Home Depot (NYSE:HD) last posted its earnings results 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. The company had revenue of $41.77 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter last year, the company posted $3.56 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, sell-side analysts anticipate that The Home Depot, Inc. will post 15.02 EPS for the current year.

Home Depot Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be paid a dividend of $2.33 per share. This represents a $9.32 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Thursday, June 4th. Home Depot’s dividend payout ratio (DPR) is currently 66.19%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on HD. Robert W. Baird cut their price target on shares of Home Depot from $430.00 to $380.00 and set an “outperform” rating for the company in a research note on Wednesday. Wall Street Zen upgraded shares of Home Depot from a “sell” rating to a “hold” rating in a research note on Sunday, May 17th. Mizuho cut their price target on shares of Home Depot from $415.00 to $385.00 and set an “outperform” rating for the company in a research note on Wednesday. Guggenheim reiterated a “buy” rating and issued a $425.00 price target on shares of Home Depot in a research note on Wednesday. Finally, UBS Group cut their price target on shares of Home Depot from $450.00 to $430.00 and set a “buy” rating for the company in a research note on Wednesday. Twenty analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Home Depot has an average rating of “Moderate Buy” and an average price target of $371.39.

Insider Activity

In other news, CFO Richard V. Mcphail sold 2,550 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $368.89, for a total transaction of $940,669.50. Following the completion of the sale, the chief financial officer owned 44,566 shares in the company, valued at approximately $16,439,951.74. This trade represents a 5.41% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.08% of the company’s stock.

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.