Keudell Morrison Wealth Management Makes New $3.18 Million Investment in The Home Depot, Inc. $HD

Keudell Morrison Wealth Management purchased a new stake in The Home Depot, Inc. (NYSE:HD) during the 4th quarter, Holdings Channel.com reports. The fund purchased 9,227 shares of the home improvement retailer’s stock, valued at approximately $3,175,000.

A number of other hedge funds also recently made changes to their positions in HD. Parvin Asset Management LLC increased its stake in Home Depot by 110.0% in the third quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock valued at $26,000 after acquiring an additional 33 shares during the period. Key Capital Management INC bought a new position in Home Depot during the fourth quarter worth about $28,000. Financially Speaking Inc acquired a new stake in Home Depot during the third quarter valued at approximately $31,000. Navalign LLC bought a new stake in shares of Home Depot in the 4th quarter valued at approximately $31,000. Finally, Disciplined Equity Management Inc. bought a new stake in shares of Home Depot in the 4th quarter valued at approximately $34,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Home Depot Stock Up 1.0%

Shares of NYSE HD opened at $313.73 on Friday. The firm’s 50-day simple moving average is $327.69 and its 200 day simple moving average is $352.09. The company has a market cap of $312.48 billion, a price-to-earnings ratio of 22.28, a price-to-earnings-growth ratio of 3.59 and a beta of 1.00. The company has a quick ratio of 0.26, a current ratio of 1.04 and a debt-to-equity ratio of 3.23. The Home Depot, Inc. has a 12-month low of $289.10 and a 12-month high of $426.75.

Home Depot (NYSE:HD) last posted its quarterly earnings data on Tuesday, May 19th. The home improvement retailer reported $3.43 earnings per share for the quarter, beating 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 analysts’ expectations of $41.59 billion. During the same quarter last year, the company posted $3.56 EPS. The company’s quarterly revenue 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, research analysts expect that The Home Depot, Inc. will post 14.99 earnings per share for the current fiscal year.

Home Depot Announces Dividend

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 issued a $2.33 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $9.32 dividend on an annualized basis and a dividend yield of 3.0%. Home Depot’s dividend payout ratio (DPR) is currently 65.50%.

Insiders Place Their Bets

In other Home Depot news, CFO Richard V. Mcphail sold 2,550 shares of the company’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $368.89, for a total transaction of $940,669.50. Following the transaction, the chief financial officer owned 44,566 shares of the company’s stock, valued at approximately $16,439,951.74. This represents a 5.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.08% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research firms recently commented on HD. Wells Fargo & Company cut their target price on Home Depot from $375.00 to $360.00 and set an “overweight” rating for the company in a research report on Wednesday. Oppenheimer dropped their price objective on Home Depot from $405.00 to $310.00 and set a “market perform” rating for the company in a research note on Monday. Sanford C. Bernstein restated a “market perform” rating and issued a $346.00 target price on shares of Home Depot in a research note on Wednesday. Guggenheim reissued a “buy” rating and set a $425.00 price target on shares of Home Depot in a report on Wednesday. Finally, BNP Paribas Exane reduced their price target on shares of Home Depot from $348.00 to $325.00 and set a “neutral” rating on the stock in a research report on Tuesday. Twenty analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $371.39.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: The Home Depot declared a quarterly cash dividend of $2.33 per share, reinforcing its shareholder-return profile. The Home Depot Declares Quarterly Dividend of $2.33
• Positive Sentiment: Argus cut its price target on Home Depot but kept a Buy rating, implying meaningful upside remains if housing and remodeling demand improve. Argus adjusts price target on Home Depot
• Positive Sentiment: Home Depot’s Q1 results topped estimates and management reaffirmed fiscal 2026 guidance, showing the business is still growing despite a tougher environment. Home Depot Reports Strong Q1 Results
• Neutral Sentiment: Home Depot Foundation’s $5.5 million disaster-preparedness grant program is positive for the brand but is unlikely to have a major near-term earnings impact. The Home Depot Foundation Invests $5.5M
• Negative Sentiment: Multiple analysts reduced price targets after Q1, signaling a more cautious view on valuation and near-term growth prospects. These Analysts Cut Their Forecasts On Home Depot After Q1 Results
• Negative Sentiment: Commentary around Q1 results highlights modest same-store sales, deferred big-ticket remodels, and cost growth outpacing revenue, all of which weigh on the stock. Home Depot Q1 profit falls as cost growth outpaces revenue

Home Depot 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.