Capital International Sarl Raises Holdings in The Home Depot, Inc. $HD

Capital International Sarl boosted its stake in shares of The Home Depot, Inc. (NYSE:HD) by 23.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 63,580 shares of the home improvement retailer’s stock after purchasing an additional 12,098 shares during the quarter. Capital International Sarl’s holdings in Home Depot were worth $21,878,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Parvin Asset Management LLC increased its holdings in Home Depot by 110.0% during the 3rd quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock worth $26,000 after purchasing an additional 33 shares during the period. Key Capital Management INC purchased a new stake in Home Depot during the 4th quarter worth about $28,000. Financially Speaking Inc purchased a new stake in Home Depot during the 3rd quarter worth about $31,000. Navalign LLC purchased a new stake in Home Depot during the 4th quarter worth about $31,000. Finally, Disciplined Equity Management Inc. purchased a new stake in Home Depot during the 4th quarter worth about $34,000. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on HD shares. Mizuho cut their price target on Home Depot from $415.00 to $385.00 and set an “outperform” rating on the stock in a report on Wednesday, May 20th. Evercore cut 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. Weiss Ratings downgraded Home Depot from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, May 26th. Royal Bank Of Canada cut their price target on Home Depot from $377.00 to $340.00 and set a “sector perform” rating on the stock in a report on Wednesday, May 20th. Finally, Wall Street Zen upgraded Home Depot from a “sell” rating to a “hold” rating in a report on Tuesday, June 2nd. Nineteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $371.36.

Home Depot Trading Up 0.3%

HD opened at $310.73 on Friday. The Home Depot, Inc. has a one year low of $289.10 and a one year high of $426.75. The company has a market cap of $309.83 billion, a P/E ratio of 22.07, a PEG ratio of 3.59 and a beta of 0.97. 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 business’s 50-day simple moving average is $322.95 and its 200-day simple moving average is $347.74.

Home Depot (NYSE:HD) last released its quarterly earnings data on Tuesday, May 19th. The home improvement retailer reported $3.43 EPS for the quarter, beating 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 for the quarter, compared to the consensus estimate of $41.59 billion. During the same quarter in the prior year, the business posted $3.56 EPS. The business’s revenue for the quarter was up 4.8% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, equities research analysts expect that The Home Depot, Inc. will post 15.01 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. Shareholders of record on Thursday, June 4th will be paid a $2.33 dividend. This represents a $9.32 annualized dividend and a yield of 3.0%. The ex-dividend date is Thursday, June 4th. Home Depot’s dividend payout ratio is currently 66.19%.

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.