Epoch Investment Partners Inc. lessened its stake in shares of Home Depot Inc (NYSE:HD) by 11.6% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,184,187 shares of the home improvement retailer’s stock after selling 285,832 shares during the quarter. Home Depot makes up approximately 1.3% of Epoch Investment Partners Inc.’s portfolio, making the stock its 9th biggest position. Epoch Investment Partners Inc.’s holdings in Home Depot were worth $426,135,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Summit Trail Advisors LLC raised its holdings in shares of Home Depot by 17,627.8% during the first quarter. Summit Trail Advisors LLC now owns 2,233,171 shares of the home improvement retailer’s stock valued at $2,233,000 after acquiring an additional 2,220,574 shares in the last quarter. Natixis raised its holdings in shares of Home Depot by 153.0% during the first quarter. Natixis now owns 1,064,144 shares of the home improvement retailer’s stock valued at $189,673,000 after acquiring an additional 643,600 shares in the last quarter. BlackRock Inc. raised its holdings in shares of Home Depot by 0.8% during the first quarter. BlackRock Inc. now owns 72,237,480 shares of the home improvement retailer’s stock valued at $12,875,610,000 after acquiring an additional 604,634 shares in the last quarter. Cornerstone Wealth Management LLC raised its holdings in shares of Home Depot by 19,557.4% during the second quarter. Cornerstone Wealth Management LLC now owns 590,509 shares of the home improvement retailer’s stock valued at $3,042,000 after acquiring an additional 587,505 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Home Depot by 9.5% during the first quarter. Dimensional Fund Advisors LP now owns 3,482,675 shares of the home improvement retailer’s stock valued at $620,752,000 after acquiring an additional 301,180 shares in the last quarter. 69.38% of the stock is owned by hedge funds and other institutional investors.

In other news, EVP William G. Lennie sold 10,854 shares of the stock in a transaction on Wednesday, August 22nd. The stock was sold at an average price of $201.64, for a total value of $2,188,600.56. Following the sale, the executive vice president now directly owns 40,057 shares of the company’s stock, valued at $8,077,093.48. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.25% of the company’s stock.

A number of brokerages recently commented on HD. Morgan Stanley decreased their target price on Home Depot from $225.00 to $200.00 and set an “overweight” rating for the company in a report on Tuesday, October 23rd. Wells Fargo & Co decreased their price objective on Home Depot from $230.00 to $220.00 and set an “outperform” rating for the company in a report on Monday, October 22nd. Citigroup reiterated a “buy” rating and issued a $227.00 price objective on shares of Home Depot in a report on Wednesday, August 15th. Jefferies Financial Group initiated coverage on Home Depot in a report on Tuesday, August 21st. They issued a “buy” rating and a $228.00 price objective for the company. Finally, Zacks Investment Research upgraded Home Depot from a “sell” rating to a “hold” rating in a report on Wednesday, October 24th. Nine analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $205.00.

NYSE HD opened at $177.36 on Friday. Home Depot Inc has a 12 month low of $166.06 and a 12 month high of $215.43. The firm has a market capitalization of $205.29 billion, a PE ratio of 23.77, a P/E/G ratio of 1.41 and a beta of 1.26. The company has a debt-to-equity ratio of 11.60, a quick ratio of 0.37 and a current ratio of 1.13.

Home Depot (NYSE:HD) last released its earnings results on Tuesday, November 13th. The home improvement retailer reported $2.51 EPS for the quarter, topping analysts’ consensus estimates of $2.27 by $0.24. Home Depot had a return on equity of 522.68% and a net margin of 9.45%. The firm had revenue of $26.30 billion for the quarter, compared to analysts’ expectations of $26.23 billion. During the same period in the prior year, the firm posted $1.84 earnings per share. The company’s quarterly revenue was up 5.1% on a year-over-year basis. As a group, equities analysts anticipate that Home Depot Inc will post 9.56 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 13th. Stockholders of record on Thursday, November 29th will be paid a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.32%. Home Depot’s dividend payout ratio is currently 55.23%.

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Home Depot Profile

The Home Depot, Inc operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, lawn and garden products, and d├ęcor products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself and professional customers.

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Institutional Ownership by Quarter for Home Depot (NYSE:HD)

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