Investment House LLC continued to hold its stake in shares of Home Depot, Inc. (The) (NYSE:HD) during the second quarter, according to its most recent disclosure with the SEC. The firm owned 81,301 shares of the home improvement retailer’s stock at the end of the second quarter. Home Depot, Inc. (The) comprises approximately 1.7% of Investment House LLC’s portfolio, making the stock its 13th largest position. Investment House LLC’s holdings in Home Depot, Inc. (The) were worth $12,472,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in HD. Trust Co. of Oklahoma boosted its stake in shares of Home Depot, Inc. (The) by 6.7% in the first quarter. Trust Co. of Oklahoma now owns 5,243 shares of the home improvement retailer’s stock worth $770,000 after buying an additional 329 shares during the period. Cable Hill Partners LLC boosted its stake in shares of Home Depot, Inc. (The) by 17.4% in the first quarter. Cable Hill Partners LLC now owns 1,242 shares of the home improvement retailer’s stock worth $183,000 after buying an additional 184 shares during the period. Nadler Financial Group Inc. boosted its stake in shares of Home Depot, Inc. (The) by 10.8% in the first quarter. Nadler Financial Group Inc. now owns 2,345 shares of the home improvement retailer’s stock worth $344,000 after buying an additional 229 shares during the period. Raymond James Trust N.A. boosted its stake in shares of Home Depot, Inc. (The) by 3.1% in the first quarter. Raymond James Trust N.A. now owns 116,168 shares of the home improvement retailer’s stock worth $17,056,000 after buying an additional 3,488 shares during the period. Finally, CT Financial Advisors LLC boosted its stake in shares of Home Depot, Inc. (The) by 0.4% in the first quarter. CT Financial Advisors LLC now owns 758 shares of the home improvement retailer’s stock worth $111,000 after buying an additional 3 shares during the period. 71.44% of the stock is owned by institutional investors.

Shares of Home Depot, Inc. (HD) traded up 0.04% on Wednesday, hitting $149.90. 1,641,835 shares of the company traded hands. The firm has a market capitalization of $176.70 billion, a P/E ratio of 21.57 and a beta of 1.08. Home Depot, Inc. has a 1-year low of $119.20 and a 1-year high of $160.86. The firm’s 50-day moving average is $150.67 and its 200 day moving average is $150.48. Home Depot, Inc. (The) also was the recipient of unusually large options trading on Monday. Traders acquired 24,916 call options on the stock. This represents an increase of approximately 105% compared to the typical volume of 12,141 call options.

Home Depot, Inc. (The) (NYSE:HD) last posted its earnings results on Tuesday, August 15th. The home improvement retailer reported $2.25 earnings per share for the quarter, topping the consensus estimate of $2.21 by $0.04. The firm had revenue of $28.11 billion during the quarter, compared to analysts’ expectations of $27.84 billion. Home Depot, Inc. (The) had a return on equity of 192.30% and a net margin of 8.63%. The firm’s revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.97 earnings per share. On average, analysts anticipate that Home Depot, Inc. will post $7.32 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 14th. Investors of record on Thursday, August 31st will be paid a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a yield of 2.38%. The ex-dividend date is Tuesday, August 29th. Home Depot, Inc. (The)’s payout ratio is 51.15%.

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HD has been the subject of several analyst reports. Vetr cut shares of Home Depot, Inc. (The) from a “buy” rating to a “hold” rating and set a $164.09 price target for the company. in a research report on Monday, June 19th. Argus reissued a “buy” rating and set a $180.00 price target (up previously from $160.00) on shares of Home Depot, Inc. (The) in a research report on Wednesday, May 17th. Oppenheimer Holdings, Inc. set a $178.00 price target on shares of Home Depot, Inc. (The) and gave the company a “buy” rating in a research report on Tuesday, May 16th. Robert W. Baird set a $175.00 price target on shares of Home Depot, Inc. (The) and gave the company a “buy” rating in a research report on Wednesday, May 17th. Finally, BMO Capital Markets set a $176.00 price target on shares of Home Depot, Inc. (The) and gave the company a “buy” rating in a research report on Wednesday, May 17th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Home Depot, Inc. (The) has an average rating of “Buy” and an average price target of $169.77.

In other Home Depot, Inc. (The) news, EVP Ann Marie Campbell sold 10,717 shares of Home Depot, Inc. (The) stock in a transaction that occurred on Wednesday, August 16th. The stock was sold at an average price of $152.40, for a total transaction of $1,633,270.80. Following the transaction, the executive vice president now owns 64,810 shares of the company’s stock, valued at $9,877,044. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Teresa Wynn Roseborough sold 15,000 shares of Home Depot, Inc. (The) stock in a transaction that occurred on Monday, August 21st. The stock was sold at an average price of $150.39, for a total value of $2,255,850.00. Following the transaction, the executive vice president now directly owns 33,147 shares in the company, valued at approximately $4,984,977.33. The disclosure for this sale can be found here. 0.26% of the stock is owned by insiders.

Home Depot, Inc. (The) Company Profile

The Home Depot, Inc (The Home Depot) is a home improvement retailer. The Company sells an assortment of building materials, home improvement products, and lawn and garden products, and provides various services. The Home Depot stores serves three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers.

Institutional Ownership by Quarter for Home Depot, Inc. (The) (NYSE:HD)

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