Infusive Asset Management Inc. Sells 11,045 Shares of The Home Depot, Inc. $HD

Infusive Asset Management Inc. lessened its stake in shares of The Home Depot, Inc. (NYSE:HD) by 41.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,725 shares of the home improvement retailer’s stock after selling 11,045 shares during the period. Home Depot accounts for 2.5% of Infusive Asset Management Inc.’s portfolio, making the stock its 17th largest holding. Infusive Asset Management Inc.’s holdings in Home Depot were worth $5,172,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of HD. Norges Bank acquired a new position in Home Depot during the 4th quarter worth $4,850,329,000. Wellington Management Group LLP grew its position in shares of Home Depot by 60.8% in the third quarter. Wellington Management Group LLP now owns 10,143,089 shares of the home improvement retailer’s stock valued at $4,109,878,000 after purchasing an additional 3,836,051 shares during the last quarter. Cardano Risk Management B.V. grew its position in shares of Home Depot by 901.5% in the fourth quarter. Cardano Risk Management B.V. now owns 3,290,540 shares of the home improvement retailer’s stock valued at $1,132,275,000 after purchasing an additional 2,961,979 shares during the last quarter. Diamant Asset Management Inc. increased its stake in shares of Home Depot by 33,026.3% in the first quarter. Diamant Asset Management Inc. now owns 2,342,026 shares of the home improvement retailer’s stock worth $770,269,000 after purchasing an additional 2,334,956 shares during the period. Finally, J. Stern & Co. LLP lifted its position in shares of Home Depot by 14,869.3% during the 4th quarter. J. Stern & Co. LLP now owns 2,232,521 shares of the home improvement retailer’s stock worth $768,210,000 after purchasing an additional 2,217,607 shares during the last quarter. Institutional investors own 70.86% of the company’s stock.

Home Depot Trading Down 1.9%

Shares of Home Depot stock opened at $325.17 on Friday. The Home Depot, Inc. has a 52-week low of $289.10 and a 52-week high of $426.75. The firm has a market capitalization of $324.23 billion, a PE ratio of 23.09, a price-to-earnings-growth ratio of 3.83 and a beta of 0.95. The company has a debt-to-equity ratio of 3.23, a current ratio of 1.04 and a quick ratio of 0.28. The company’s fifty day moving average price is $328.81 and its two-hundred day moving average price is $344.81.

Home Depot (NYSE:HD) last released its quarterly earnings data on Tuesday, May 19th. The home improvement retailer reported $3.43 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 company had revenue of $41.77 billion during the quarter, compared to the consensus estimate of $41.59 billion. During the same period last year, the firm earned $3.56 EPS. The firm’s revenue for the quarter 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, analysts expect that The Home Depot, Inc. will post 15.01 EPS for the current year.

Home Depot Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were paid a dividend of $2.33 per share. The ex-dividend date was Thursday, June 4th. This represents a $9.32 dividend on an annualized basis and a yield of 2.9%. Home Depot’s dividend payout ratio (DPR) is currently 66.19%.

Home Depot News Summary

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

• Positive Sentiment: Home Depot launched its 2026 Halloween collection with upgraded Skelly animatronics and broader seasonal merchandise, a move that could help drive customer traffic and sales during a key retail period. Home Depot (HD) Launches 2026 Halloween Collection With Upgraded Skelly Animatronics
• Positive Sentiment: Bernstein reportedly reiterated a positive stance on Home Depot, and Guggenheim also upgraded the stock to Buy, suggesting some analysts still see value in the shares. Home Depot (HD) Gets a Hold from Bernstein Home Depot (NYSE:HD) Earns “Buy” Rating from Guggenheim
• Neutral Sentiment: Analysts are expecting only modest year-over-year EPS growth when Home Depot reports next month, keeping expectations relatively subdued ahead of earnings. Earnings Preview: What To Expect From The Home Depot’s Report
• Negative Sentiment: Weak housing-market conditions are slowing big-ticket last-mile delivery and signaling softer demand tied to fewer home transactions, which is a headwind for Home Depot’s core business. Weak housing market hurts big and bulky last-mile delivery
• Negative Sentiment: Home Depot was reported to be falling more than the broader market, reinforcing that investors are reacting negatively to the housing slowdown and near-term growth concerns. Home Depot (HD) Falls More Steeply Than Broader Market: What Investors Need to Know

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Piper Sandler decreased their target price on Home Depot from $422.00 to $421.00 and set an “overweight” rating for the company in a research note on Wednesday, May 20th. Guggenheim reaffirmed a “buy” rating and issued a $425.00 price target on shares of Home Depot in a research report on Monday. Argus cut their price target on Home Depot from $425.00 to $400.00 and set a “buy” rating for the company in a report on Thursday, May 21st. Sanford C. Bernstein reissued a “market perform” rating and issued a $346.00 price objective on shares of Home Depot in a research report on Wednesday, May 20th. Finally, TD Cowen lowered their price objective on shares of Home Depot from $450.00 to $375.00 and set a “buy” rating on the stock in a research note on Wednesday, May 20th. Eighteen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $371.71.

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.