The Home Depot, Inc. $HD Shares Sold by PYA Waltman Capital LLC

PYA Waltman Capital LLC lowered its stake in The Home Depot, Inc. (NYSE:HD) by 17.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,487 shares of the home improvement retailer’s stock after selling 1,848 shares during the quarter. Home Depot comprises about 0.8% of PYA Waltman Capital LLC’s portfolio, making the stock its 28th biggest holding. PYA Waltman Capital LLC’s holdings in Home Depot were worth $2,920,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings 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 valued at $34,284,672,000 after acquiring an additional 1,325,748 shares during the last quarter. State Street Corp lifted its holdings in Home Depot by 1.8% in the 4th quarter. State Street Corp now owns 46,925,342 shares of the home improvement retailer’s stock valued at $16,147,010,000 after acquiring an additional 825,164 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Home Depot by 1.5% in the 4th quarter. Geode Capital Management LLC now owns 23,756,142 shares of the home improvement retailer’s stock valued at $8,151,344,000 after acquiring an additional 343,153 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Home Depot by 7.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 15,471,132 shares of the home improvement retailer’s stock valued at $5,323,620,000 after acquiring an additional 1,113,114 shares during the last quarter. Finally, Norges Bank acquired a new stake in Home Depot in the 4th quarter valued at about $4,850,329,000. 70.86% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on HD shares. HSBC cut their price target on shares of Home Depot from $392.00 to $310.00 and set a “hold” rating for the company in a report on Wednesday, May 20th. 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 report on Wednesday, May 20th. Oppenheimer cut their price target on shares of Home Depot from $405.00 to $310.00 and set a “market perform” rating for the company in a report on Monday, May 18th. Bank of America started coverage on shares of Home Depot in a report on Tuesday, May 5th. They issued a “buy” rating and a $374.00 price target for the company. Finally, Wolfe Research reissued an “outperform” rating and issued a $365.00 price target on shares of Home Depot in a report on Tuesday, May 19th. Nineteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $371.71.

Home Depot Price Performance

HD stock opened at $328.37 on Monday. 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 one year low of $289.10 and a one year high of $426.75. The firm has a market capitalization of $327.42 billion, a PE ratio of 23.32, a P/E/G ratio of 3.79 and a beta of 0.97. The firm has a 50-day moving average of $322.44 and a two-hundred day moving average of $347.12.

Home Depot (NYSE:HD) last posted its quarterly earnings data on Tuesday, May 19th. The home improvement retailer reported $3.43 EPS for the quarter, beating 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 company had revenue of $41.77 billion during the quarter, compared to analyst estimates of $41.59 billion. During the same period in the prior year, the firm earned $3.56 earnings per share. The business’s quarterly revenue was up 4.8% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, 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 disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders 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 dividend on an annualized basis and a yield of 2.8%. Home Depot’s dividend payout ratio is currently 66.19%.

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.