Machina Capital S.A.S. bought a new stake in shares of The Home Depot, Inc. (NYSE:HD – Free Report) in the third quarter, Holdings Channel reports. The fund bought 18,810 shares of the home improvement retailer’s stock, valued at approximately $5,351,000. Home Depot comprises 0.7% of Machina Capital S.A.S.’s portfolio, making the stock its 20th biggest holding.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Zeit Capital LLC bought a new stake in shares of Home Depot in the 2nd quarter worth approximately $26,000. Principia Wealth Advisory LLC lifted its stake in 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 during the last quarter. Navigoe LLC bought a new position in Home Depot during the second quarter valued at $32,000. Gould Capital LLC grew its holdings in Home Depot by 58.7% during the first quarter. Gould Capital LLC now owns 100 shares of the home improvement retailer’s stock valued at $33,000 after purchasing an additional 37 shares during the period. Finally, Next Level Wealth Planning LLC bought a new position in Home Depot during the third quarter valued at $28,000. 70.86% of the stock is owned by institutional investors.
Latest Home Depot News
Here’s some of the latest news about HD:
- Positive Sentiment: Bank of America Securities maintained its Buy rating on HD, signaling continued confidence in the shares. Bank of America Securities Sticks to Their Buy Rating for Home Depot
- Neutral Sentiment: Bernstein raised its price target from $344 to $357 but kept a Market Perform rating, suggesting a modestly improved valuation view without a bullish change in recommendation. Bernstein price-target update
- Negative Sentiment: HD is facing technical pressure ahead of earnings, which could weigh on the shares in the near term, particularly if results or guidance disappoint. Home Depot Stock Running into Technical Pressure Before Earnings
Analyst Upgrades and Downgrades
Read Our Latest Research Report on HD
Home Depot Stock Performance
NYSE HD opened at $351.36 on Thursday. The firm has a market cap of $350.55 billion, a P/E ratio of 24.59, a price-to-earnings-growth ratio of 2.50 and a beta of 0.93. The company has a quick ratio of 0.31, a current ratio of 1.08 and a debt-to-equity ratio of 2.64. The company’s 50 day moving average is $310.98 and its 200-day moving average is $333.61. The Home Depot, Inc. has a 12-month low of $277.15 and a 12-month high of $397.63.
Home Depot (NYSE:HD – Get Free Report) last released its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 EPS for the quarter, topping the consensus estimate of $4.73 by $0.19. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The company had revenue of $47.86 billion during the quarter, compared to the consensus estimate of $47.24 billion. During the same period last year, the firm earned $4.68 EPS. Home Depot’s revenue for the quarter was up 5.7% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Sell-side analysts predict that The Home Depot, Inc. will post 15.01 earnings per share for the current year.
Home Depot Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd were given 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 dividend payout ratio is currently 65.22%.
Insider Buying and Selling
In other news, EVP Michael Rowe sold 710 shares of the firm’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $336.76, for a total value of $239,099.60. Following the completion of the transaction, the executive vice president directly owned 6,838 shares of the company’s stock, valued at $2,302,764.88. This trade represents a 9.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Kimberly Scardino sold 675 shares of the firm’s stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $305.95, for a total value of $206,516.25. Following the completion of the transaction, the chief accounting officer directly owned 8,189 shares of the company’s stock, valued at $2,505,424.55. The trade was a 7.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 9,829 shares of company stock worth $3,339,314. Insiders own 0.08% of the company’s stock.
About Home Depot
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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