Glenmede Trust Co. NA held its stake in Home Depot, Inc. (The) (NYSE:HD) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,421,390 shares of the home improvement retailer’s stock at the close of the first quarter. Home Depot, Inc. (The) makes up approximately 1.0% of Glenmede Trust Co. NA’s investment portfolio, making the stock its 6th biggest position. Glenmede Trust Co. NA owned approximately 0.12% of Home Depot, Inc. (The) worth $190,578,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. State Street Corp grew its holdings in shares of Home Depot, Inc. (The) by 0.7% during the first quarter. State Street Corp now owns 55,747,883 shares of the home improvement retailer’s stock valued at $8,185,463,000 after buying an additional 396,271 shares in the last quarter. Fisher Asset Management LLC grew its holdings in shares of Home Depot, Inc. (The) by 1.3% during the first quarter. Fisher Asset Management LLC now owns 8,649,798 shares of the home improvement retailer’s stock valued at $1,270,050,000 after buying an additional 108,242 shares in the last quarter. Schwab Charles Investment Management Inc. grew its holdings in shares of Home Depot, Inc. (The) by 43.4% during the first quarter. Schwab Charles Investment Management Inc. now owns 5,731,806 shares of the home improvement retailer’s stock valued at $841,602,000 after buying an additional 1,734,963 shares in the last quarter. Jennison Associates LLC grew its holdings in shares of Home Depot, Inc. (The) by 11.7% during the first quarter. Jennison Associates LLC now owns 5,304,624 shares of the home improvement retailer’s stock valued at $778,878,000 after buying an additional 556,596 shares in the last quarter. Finally, Pioneer Investment Management Inc. grew its holdings in shares of Home Depot, Inc. (The) by 6.6% during the first quarter. Pioneer Investment Management Inc. now owns 4,893,585 shares of the home improvement retailer’s stock valued at $718,525,000 after buying an additional 301,905 shares in the last quarter. Institutional investors and hedge funds own 71.45% of the company’s stock.

A number of research analysts have recently weighed in on HD shares. Royal Bank Of Canada set a $166.00 price target on Home Depot, Inc. (The) and gave the company a “buy” rating in a report on Monday, May 15th. BTIG Research lifted their price target on Home Depot, Inc. (The) from $155.00 to $175.00 and gave the company a “buy” rating in a report on Monday, May 15th. UBS AG reiterated a “buy” rating and set a $175.00 price target (up previously from $173.00) on shares of Home Depot, Inc. (The) in a report on Wednesday, May 17th. Citigroup Inc. reiterated a “buy” rating and set a $179.00 price target (up previously from $168.00) on shares of Home Depot, Inc. (The) in a report on Wednesday, May 17th. Finally, Argus reiterated a “buy” rating and set a $180.00 price target (up previously from $160.00) on shares of Home Depot, Inc. (The) in a report on Wednesday, May 17th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Home Depot, Inc. (The) currently has an average rating of “Buy” and an average price target of $169.40.

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In other Home Depot, Inc. (The) news, EVP Ann Marie Campbell sold 10,717 shares of the business’s stock in a transaction that occurred on Wednesday, August 16th. The shares were sold at an average price of $152.40, for a total transaction of $1,633,270.80. Following the completion of the transaction, the executive vice president now directly owns 64,810 shares in the company, valued at $9,877,044. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Teresa Wynn Roseborough sold 15,000 shares of the business’s stock in a transaction that occurred on Monday, August 21st. The shares were sold at an average price of $150.39, for a total transaction of $2,255,850.00. Following the transaction, the executive vice president now owns 33,147 shares of the company’s stock, valued at $4,984,977.33. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 57,717 shares of company stock valued at $8,916,321. Company insiders own 0.26% of the company’s stock.

Home Depot, Inc. (HD) traded down 1.2240% during trading on Monday, hitting $157.7057. The company had a trading volume of 5,047,738 shares. The stock has a market capitalization of $185.91 billion, a PE ratio of 22.6980 and a beta of 1.07. The stock has a 50-day moving average of $151.09 and a 200-day moving average of $151.42. Home Depot, Inc. has a one year low of $119.20 and a one year high of $160.86.

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

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 14th. Shareholders of record on Thursday, August 31st will be given a dividend of $0.89 per share. The ex-dividend date of this dividend is Tuesday, August 29th. This represents a $3.56 annualized dividend and a yield of 2.23%. Home Depot, Inc. (The)’s dividend payout ratio is currently 51.15%.

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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