Marble Wealth LLC Takes Position in The Home Depot, Inc. $HD

Marble Wealth LLC acquired a new stake in The Home Depot, Inc. (NYSE:HD) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 15,344 shares of the home improvement retailer’s stock, valued at approximately $5,280,000.

A number of other institutional investors have also modified their holdings of the company. Westfuller Advisors LLC raised its position in shares of Home Depot by 2.1% in the fourth quarter. Westfuller Advisors LLC now owns 1,325 shares of the home improvement retailer’s stock valued at $456,000 after buying an additional 27 shares during the last quarter. Darwin Wealth Management LLC raised its position in shares of Home Depot by 0.5% in the fourth quarter. Darwin Wealth Management LLC now owns 4,949 shares of the home improvement retailer’s stock valued at $1,703,000 after buying an additional 27 shares during the last quarter. Alesco Advisors LLC raised its position in shares of Home Depot by 3.2% in the fourth quarter. Alesco Advisors LLC now owns 866 shares of the home improvement retailer’s stock valued at $298,000 after buying an additional 27 shares during the last quarter. Canandaigua National Trust Co of Florida raised its position in shares of Home Depot by 1.3% in the fourth quarter. Canandaigua National Trust Co of Florida now owns 2,178 shares of the home improvement retailer’s stock valued at $749,000 after buying an additional 27 shares during the last quarter. Finally, Moneco Advisors LLC raised its position in shares of Home Depot by 0.3% in the fourth quarter. Moneco Advisors LLC now owns 8,743 shares of the home improvement retailer’s stock valued at $3,008,000 after buying an additional 27 shares during the last quarter. Institutional investors and hedge funds own 70.86% of the company’s stock.

Home Depot News Roundup

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

• Positive Sentiment: Home Depot’s interconnected retail strategy is being credited with lifting sales and driving double-digit online growth, even in a challenged home improvement market. Is Home Depot’s Interconnected Retail Strategy Paying Off?
• Positive Sentiment: A favorable Texas Supreme Court decision limiting shipper liability in the Home Depot/Werner case may reduce long-term legal risk and investor uncertainty. Texas court nixes shipper liability in Home Depot/Werner case
• Positive Sentiment: Home Depot’s latest quarter showed revenue of $41.77 billion, beating expectations, and the company reaffirmed fiscal 2026 guidance, which can reassure investors about earnings visibility.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. BNP Paribas Exane cut their price objective on shares of Home Depot from $348.00 to $325.00 and set a “neutral” rating for the company in a research report on Tuesday, May 19th. HSBC cut their price objective on shares of Home Depot from $392.00 to $310.00 and set a “hold” rating for the company in a research report on Wednesday, May 20th. Guggenheim reissued a “buy” rating and issued a $425.00 price objective on shares of Home Depot in a research report on Wednesday, May 20th. Citigroup cut their price objective on shares of Home Depot from $450.00 to $400.00 and set a “buy” rating for the company in a research report on Tuesday, May 12th. Finally, Bank of America started coverage on shares of Home Depot in a research report on Tuesday, May 5th. They issued a “buy” rating and a $374.00 price objective for the company. Nineteen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Home Depot currently has a consensus rating of “Moderate Buy” and a consensus price target of $371.39.

Home Depot Stock Performance

Shares of HD stock opened at $311.21 on Wednesday. The Home Depot, Inc. has a one year low of $289.10 and a one year high of $426.75. The company has a debt-to-equity ratio of 3.23, a quick ratio of 0.28 and a current ratio of 1.04. The company has a 50 day moving average price of $324.35 and a 200 day moving average price of $349.17. The firm has a market capitalization of $310.32 billion, a price-to-earnings ratio of 22.10, a price-to-earnings-growth ratio of 3.59 and a beta of 0.97.

Home Depot (NYSE:HD) last issued its quarterly earnings results on Tuesday, May 19th. The home improvement retailer reported $3.43 EPS for the quarter, topping the consensus estimate of $3.41 by $0.02. Home Depot had a net margin of 8.41% and a return on equity of 117.24%. The firm had revenue of $41.77 billion during the quarter, compared to analyst estimates of $41.59 billion. During the same quarter in the prior year, the business posted $3.56 earnings per share. Home Depot’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. Sell-side analysts anticipate that The Home Depot, Inc. will post 15.02 EPS for the current year.

Home Depot Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be given a dividend of $2.33 per share. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $9.32 annualized dividend and a yield of 3.0%. Home Depot’s dividend payout ratio is 66.19%.

About Home Depot

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.