The Home Depot, Inc. (NYSE:HD) Holdings Lifted by Silvia Mccoll Wealth Management LLC

Silvia Mccoll Wealth Management LLC boosted its position in shares of The Home Depot, Inc. (NYSE:HD) by 3.0% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,637 shares of the home improvement retailer’s stock after buying an additional 47 shares during the quarter. Silvia Mccoll Wealth Management LLC’s holdings in Home Depot were worth $600,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Vanguard Group Inc. boosted its stake in Home Depot by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 95,763,752 shares of the home improvement retailer’s stock valued at $37,251,142,000 after buying an additional 875,836 shares in the last quarter. Geode Capital Management LLC boosted its stake in Home Depot by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 21,957,463 shares of the home improvement retailer’s stock valued at $8,525,046,000 after buying an additional 257,036 shares in the last quarter. Norges Bank purchased a new stake in shares of Home Depot during the fourth quarter valued at $5,032,910,000. Capital Research Global Investors lifted its holdings in shares of Home Depot by 5.5% during the fourth quarter. Capital Research Global Investors now owns 12,455,582 shares of the home improvement retailer’s stock valued at $4,845,098,000 after purchasing an additional 647,552 shares during the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of Home Depot by 13.3% during the fourth quarter. Northern Trust Corp now owns 12,149,890 shares of the home improvement retailer’s stock valued at $4,726,186,000 after purchasing an additional 1,424,857 shares during the last quarter. Institutional investors own 70.86% of the company’s stock.

Insider Transactions at Home Depot

In other news, EVP Teresa Wynn Roseborough sold 5,406 shares of the firm’s stock in a transaction dated Wednesday, May 28th. The stock was sold at an average price of $369.28, for a total transaction of $1,996,327.68. Following the completion of the sale, the executive vice president now directly owns 17,367 shares of the company’s stock, valued at $6,413,285.76. This trade represents a 23.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Fahim Siddiqui sold 2,600 shares of the firm’s stock in a transaction dated Thursday, May 22nd. The stock was sold at an average price of $367.14, for a total value of $954,564.00. Following the sale, the executive vice president now directly owns 7,951 shares of the company’s stock, valued at $2,919,130.14. This trade represents a 24.64% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.10% of the company’s stock.

Home Depot Stock Up 0.0%

HD opened at $368.08 on Friday. The Home Depot, Inc. has a fifty-two week low of $323.93 and a fifty-two week high of $439.37. The business has a 50-day moving average of $360.78 and a 200-day moving average of $386.29. The company has a debt-to-equity ratio of 8.65, a current ratio of 1.13 and a quick ratio of 0.31. The company has a market capitalization of $365.88 billion, a PE ratio of 25.01, a price-to-earnings-growth ratio of 4.03 and a beta of 1.05.

Home Depot (NYSE:HD) last posted its quarterly earnings results on Tuesday, May 20th. The home improvement retailer reported $3.56 earnings per share for the quarter, missing analysts’ consensus estimates of $3.59 by ($0.03). Home Depot had a return on equity of 452.60% and a net margin of 9.45%. The firm had revenue of $39.86 billion for the quarter, compared to analysts’ expectations of $39.24 billion. During the same period last year, the business earned $3.63 earnings per share. The firm’s revenue for the quarter was up 9.4% on a year-over-year basis. Equities research analysts forecast that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.

Home Depot Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Thursday, June 5th will be paid a dividend of $2.30 per share. This represents a $9.20 dividend on an annualized basis and a dividend yield of 2.50%. The ex-dividend date is Thursday, June 5th. Home Depot’s dividend payout ratio (DPR) is presently 62.42%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Evercore ISI set a $400.00 target price on Home Depot and gave the company an “outperform” rating in a report on Thursday, May 22nd. Wedbush reaffirmed an “outperform” rating and set a $440.00 target price on shares of Home Depot in a report on Wednesday, February 26th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $398.00 target price (up from $380.00) on shares of Home Depot in a report on Wednesday, May 21st. Stifel Nicolaus raised Home Depot from a “hold” rating to a “buy” rating and upped their target price for the company from $405.00 to $425.00 in a report on Wednesday, May 21st. Finally, Gordon Haskett upped their target price on Home Depot from $350.00 to $360.00 in a report on Tuesday, May 20th. Seven analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Home Depot currently has an average rating of “Moderate Buy” and a consensus price target of $426.77.

Home Depot Company Profile

The Home Depot, Inc operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.