The Home Depot, Inc. $HD Shares Purchased by Impact Partnership Wealth LLC

Impact Partnership Wealth LLC boosted its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 74.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 5,683 shares of the home improvement retailer’s stock after purchasing an additional 2,431 shares during the period. Impact Partnership Wealth LLC’s holdings in Home Depot were worth $1,955,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Forsta AP Fonden boosted its position in Home Depot by 10.5% during the fourth quarter. Forsta AP Fonden now owns 279,020 shares of the home improvement retailer’s stock worth $96,011,000 after purchasing an additional 26,420 shares in the last quarter. Norges Bank purchased a new position in Home Depot during the fourth quarter worth approximately $4,850,329,000. Madison Wealth Partners Inc boosted its position in Home Depot by 45.4% during the fourth quarter. Madison Wealth Partners Inc now owns 1,425 shares of the home improvement retailer’s stock worth $490,000 after purchasing an additional 445 shares in the last quarter. Fort Sheridan Advisors LLC boosted its position in Home Depot by 3.0% during the fourth quarter. Fort Sheridan Advisors LLC now owns 6,085 shares of the home improvement retailer’s stock worth $2,094,000 after purchasing an additional 176 shares in the last quarter. Finally, Hilltop Partners LLC boosted its position in Home Depot by 5.2% during the fourth quarter. Hilltop Partners LLC now owns 694 shares of the home improvement retailer’s stock worth $239,000 after purchasing an additional 34 shares in the last quarter. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Insider Buying and Selling

In related news, CFO Richard V. Mcphail sold 2,550 shares of Home Depot stock in a transaction that occurred 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 in the company, valued at approximately $16,439,951.74. This trade represents a 5.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.08% of the company’s stock.

Wall Street Analyst Weigh In

HD has been the topic of a number of recent analyst reports. Evercore lowered their price target on Home Depot from $415.00 to $400.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 20th. Weiss Ratings downgraded Home Depot from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday. Wells Fargo & Company lowered their price target on Home Depot from $375.00 to $360.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 20th. JPMorgan Chase & Co. lowered their price target on Home Depot from $423.00 to $396.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 20th. Finally, TD Cowen lowered their price target on Home Depot from $450.00 to $375.00 and set a “buy” rating on the stock in a research report on Wednesday, May 20th. Twenty research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $371.39.

Home Depot Stock Performance

NYSE HD opened at $317.41 on Friday. The company has a market cap of $316.15 billion, a PE ratio of 22.54, a price-to-earnings-growth ratio of 3.71 and a beta of 1.00. The stock’s 50 day simple moving average is $324.70 and its 200-day simple moving average is $349.76. The Home Depot, Inc. has a 1-year low of $289.10 and a 1-year high of $426.75. The company has a debt-to-equity ratio of 3.23, a current ratio of 1.04 and a quick ratio of 0.28.

Home Depot (NYSE:HD) last announced its quarterly earnings data 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. Home Depot had a return on equity of 117.24% and a net margin of 8.41%.The firm had revenue of $41.77 billion for the quarter, compared to the consensus estimate of $41.59 billion. During the same quarter last year, the business posted $3.56 earnings per share. The firm’s 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. As a group, equities research analysts anticipate that The Home Depot, Inc. will post 15.02 EPS for the current fiscal year.

Home Depot Announces Dividend

The business also recently disclosed 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 dividend on an annualized basis and a yield of 2.9%. Home Depot’s dividend payout ratio (DPR) is presently 66.19%.

Home Depot News Roundup

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.

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.