Hartline Investment Corp Has $4.82 Million Holdings in The Home Depot, Inc. $HD

Hartline Investment Corp cut its holdings in shares of The Home Depot, Inc. (NYSE:HDFree Report) by 10.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 14,007 shares of the home improvement retailer’s stock after selling 1,638 shares during the quarter. Hartline Investment Corp’s holdings in Home Depot were worth $4,820,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Westfuller Advisors LLC lifted its position in Home Depot by 2.1% during the 4th quarter. Westfuller Advisors LLC now owns 1,325 shares of the home improvement retailer’s stock valued at $456,000 after purchasing an additional 27 shares during the period. Darwin Wealth Management LLC lifted its position in Home Depot by 0.5% during the 4th quarter. Darwin Wealth Management LLC now owns 4,949 shares of the home improvement retailer’s stock valued at $1,703,000 after purchasing an additional 27 shares during the period. Alesco Advisors LLC lifted its position in Home Depot by 3.2% during the 4th quarter. Alesco Advisors LLC now owns 866 shares of the home improvement retailer’s stock valued at $298,000 after purchasing an additional 27 shares during the period. Canandaigua National Trust Co of Florida lifted its position in Home Depot by 1.3% during the 4th quarter. Canandaigua National Trust Co of Florida now owns 2,178 shares of the home improvement retailer’s stock valued at $749,000 after purchasing an additional 27 shares during the period. Finally, Moneco Advisors LLC lifted its position in Home Depot by 0.3% during the 4th quarter. Moneco Advisors LLC now owns 8,743 shares of the home improvement retailer’s stock valued at $3,008,000 after purchasing an additional 27 shares during the period. 70.86% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently commented on HD shares. KeyCorp reaffirmed a “sector weight” rating on shares of Home Depot in a research note on Wednesday, February 25th. Guggenheim reaffirmed a “buy” rating and issued a $425.00 price target on shares of Home Depot in a research note on Wednesday. Robert W. Baird lowered their price target on Home Depot from $430.00 to $380.00 and set an “outperform” rating for the company in a research note on Wednesday. Jefferies Financial Group lowered their price target on Home Depot from $454.00 to $361.00 and set a “buy” rating for the company in a research note on Tuesday, May 19th. Finally, DA Davidson lowered their price target on Home Depot from $445.00 to $377.00 and set a “buy” rating for the company in a research note on Tuesday. Twenty investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $371.39.

Read Our Latest Analysis on Home Depot

Insider Buying and Selling at Home Depot

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

Home Depot News Summary

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

Home Depot Price Performance

NYSE HD opened at $313.18 on Friday. The business has a 50 day simple moving average of $326.94 and a 200 day simple moving average of $351.82. The Home Depot, Inc. has a 52-week low of $289.10 and a 52-week high of $426.75. The company has a debt-to-equity ratio of 3.23, a quick ratio of 0.26 and a current ratio of 1.04. The stock has a market cap of $311.94 billion, a price-to-earnings ratio of 22.24, a PEG ratio of 3.62 and a beta of 1.00.

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

Home Depot Dividend Announcement

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

About Home Depot

(Free Report)

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.

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Institutional Ownership by Quarter for Home Depot (NYSE:HD)

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