SBI Okasan Asset Management Co.Ltd. Makes New $625,000 Investment in The Home Depot, Inc. $HD

SBI Okasan Asset Management Co.Ltd. bought a new position in The Home Depot, Inc. (NYSE:HD) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 1,800 shares of the home improvement retailer’s stock, valued at approximately $625,000.

Other large investors have also recently modified their holdings of the company. Parvin Asset Management LLC boosted its position in shares of Home Depot by 110.0% during the 3rd 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 last quarter. Key Capital Management INC purchased a new position in Home Depot in the 4th quarter worth approximately $28,000. Financially Speaking Inc bought a new position in shares of Home Depot during the third quarter valued at about $31,000. Navalign LLC bought a new position in shares of Home Depot during the fourth quarter valued at about $31,000. Finally, Disciplined Equity Management Inc. purchased a new position in shares of Home Depot during the fourth quarter valued at approximately $34,000. Institutional investors own 70.86% of the company’s stock.

Home Depot Stock Performance

Shares of HD opened at $317.41 on Friday. The company has a quick ratio of 0.28, a current ratio of 1.04 and a debt-to-equity ratio of 3.23. The business has a 50-day simple moving average of $324.70 and a two-hundred day simple moving average of $349.76. The stock has a market cap of $316.15 billion, a price-to-earnings ratio of 22.54, a PEG ratio of 3.71 and a beta of 1.00. The Home Depot, Inc. has a 52 week low of $289.10 and a 52 week high of $426.75.

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 analysts’ consensus estimates of $3.41 by $0.02. The business had revenue of $41.77 billion during the quarter, compared to analysts’ expectations of $41.59 billion. Home Depot had a return on equity of 117.24% and a net margin of 8.41%.The business’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $3.56 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, analysts expect that The Home Depot, Inc. will post 15.02 EPS for the current 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 given a dividend of $2.33 per share. The ex-dividend date is Thursday, June 4th. This represents a $9.32 annualized dividend and a dividend yield of 2.9%. Home Depot’s dividend payout ratio (DPR) is currently 66.19%.

Insider Activity

In related news, CFO Richard V. Mcphail sold 2,550 shares of the stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $368.89, for a total transaction of $940,669.50. Following the completion of the sale, the chief financial officer owned 44,566 shares in the company, valued at approximately $16,439,951.74. This trade represents a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.08% of the company’s stock.

Home Depot News Summary

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

• Positive Sentiment: Zacks Research nudged its Q4 2027 EPS estimate higher for Home Depot, suggesting a slightly better earnings outlook for that period.
• Positive Sentiment: The firm also raised its Q4 2028 and Q1 2029 earnings estimates, indicating longer-term profit expectations remain intact.
• Neutral Sentiment: Home Depot expanded its services by testing on-site car key duplication through a partnership with KeyMe Locksmiths, a move that could help deepen customer engagement over time. Home Depot Tests On Site Car Key Service To Deepen Store Relationships
• Neutral Sentiment: Other recent coverage focused on Home Depot’s relative underperformance versus the consumer discretionary sector and commentary from Jim Cramer, but these items did not add a clear new fundamental catalyst. Home Depot Stock: Is HD Underperforming the Consumer Discretionary Sector?
• Negative Sentiment: Zacks Research trimmed multiple earnings estimates for Home Depot, including Q2 2027, Q3 2027, Q1 2028, Q2 2028, FY2027, FY2028, and FY2029, which can pressure the stock by signaling slower profit growth ahead.
• Negative Sentiment: The analyst firm maintained only a Hold rating, which suggests limited near-term upside in the eyes of the research team.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Weiss Ratings cut Home Depot from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday. Telsey Advisory Group dropped their target price on Home Depot from $435.00 to $410.00 and set an “outperform” rating on the stock in a report on Wednesday, May 20th. BNP Paribas Exane dropped their target price on Home Depot from $348.00 to $325.00 and set a “neutral” rating on the stock in a report on Tuesday, May 19th. Citigroup lowered their price target on Home Depot from $450.00 to $400.00 and set a “buy” rating on the stock in a report on Tuesday, May 12th. Finally, Evercore lowered their price target on Home Depot from $415.00 to $400.00 and set an “outperform” rating on the stock in a report on Wednesday, May 20th. Twenty equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Home Depot has a consensus rating of “Moderate Buy” and a consensus price target of $371.39.

Home Depot Company 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.