The Home Depot, Inc. $HD Shares Newly Acquired by Triton Wealth Management PLLC

Triton Wealth Management PLLC bought a new position in shares of The Home Depot, Inc. (NYSE:HD) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,730 shares of the home improvement retailer’s stock, valued at approximately $492,000.

Several other institutional investors also recently modified their holdings of HD. BlackRock Inc. bought a new position in Home Depot during the second quarter worth about $28,771,247,000. Bank of America Corp DE bought a new position in shares of Home Depot in the 2nd quarter valued at $5,780,468,000. Bank of New York Mellon Corp acquired a new position in shares of Home Depot during the 2nd quarter worth $2,777,396,000. Corient Private Wealth LP acquired a new position in shares of Home Depot during the 2nd quarter worth $390,913,000. Finally, Legal & General Group Plc acquired a new position in shares of Home Depot during the 2nd quarter worth $1,953,883,000. 70.86% of the stock is currently owned by institutional investors and hedge funds.

Home Depot Price Performance

Shares of HD opened at $351.09 on Wednesday. The Home Depot, Inc. has a 1 year low of $277.15 and a 1 year high of $397.63. 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 company has a market capitalization of $350.28 billion, a price-to-earnings ratio of 24.57, a price-to-earnings-growth ratio of 2.51 and a beta of 0.93. The business has a 50-day moving average of $310.35 and a 200-day moving average of $333.77.

Home Depot (NYSE:HD) last released its earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.73 by $0.19. The business had revenue of $47.86 billion for the quarter, compared to analyst estimates of $47.24 billion. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. Home Depot’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $4.68 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, equities research analysts anticipate 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 was paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd were issued a dividend of $2.33 per share. The ex-dividend date was Thursday, September 3rd. This represents a $9.32 annualized dividend and a dividend yield of 2.7%. Home Depot’s payout ratio is currently 65.22%.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Home Depot in a research note on Friday, October 2nd. Mizuho raised their price target on shares of Home Depot from $385.00 to $390.00 and gave the company an “outperform” rating in a research note on Wednesday, August 19th. Guggenheim reaffirmed a “buy” rating and set a $425.00 price target on shares of Home Depot in a report on Wednesday, August 19th. Sanford C. Bernstein upped their price objective on shares of Home Depot from $344.00 to $357.00 and gave the stock a “market perform” rating in a research report on Tuesday. Finally, KeyCorp reiterated a “sector weight” rating on shares of Home Depot in a research report on Wednesday, August 19th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Home Depot currently has a consensus rating of “Moderate Buy” and a consensus price target of $375.90.

Insider Transactions at Home Depot

In other Home Depot news, CFO Richard McPhail sold 5,989 shares of the business’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $348.40, for a total transaction of $2,086,567.60. Following the completion of the sale, the chief financial officer owned 48,104 shares in the company, valued at approximately $16,759,433.60. The trade was a 11.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Kimberly Scardino sold 675 shares of the business’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 sale, the chief accounting officer directly owned 8,189 shares of the company’s stock, valued at approximately $2,505,424.55. The trade was a 7.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 9,829 shares of company stock worth $3,339,314. Insiders own 0.08% of the company’s stock.

Home Depot News Summary

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

• Positive Sentiment: Home Depot’s reported 1.7% comparable-sales growth, strong professional-customer demand and digital gains suggest the business is holding up despite uneven conditions. Can Home Depot Sustain Comparable Sales Growth Amid Uneven Demand?
• Positive Sentiment: Analyst expectations for earnings growth and a possible upcoming earnings beat could support investor sentiment ahead of the company’s report. Home Depot Reports Next Week: Wall Street Expects Earnings Growth
• Positive Sentiment: JPMorgan raised its price target to $400 and kept an Overweight rating, signaling a more optimistic view of HD’s potential. JPMorgan price-target update
• Neutral Sentiment: Bernstein increased its target to $357 but maintained a Market Perform rating, suggesting limited near-term conviction despite the higher estimate. Bernstein price-target update
• Negative Sentiment: Housing-market pressures and weak transactions remain key risks. One analysis says transactions need to turn positive for a stronger case, tempering the positive signals from comps and Pro demand. Home Depot: Hold Into Q3 Earnings, Transactions Must Turn Positive

Home Depot Company 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.