The Home Depot, Inc. $HD Stock Holdings Increased by Silvia Mccoll Wealth Management LLC

Silvia Mccoll Wealth Management LLC raised its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 3.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,697 shares of the home improvement retailer’s stock after acquiring an additional 60 shares during the period. Silvia Mccoll Wealth Management LLC’s holdings in Home Depot were worth $622,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in HD. Brighton Jones LLC raised its stake in Home Depot by 36.5% during the 4th quarter. Brighton Jones LLC now owns 26,918 shares of the home improvement retailer’s stock valued at $10,471,000 after acquiring an additional 7,203 shares in the last quarter. Vest Financial LLC raised its stake in shares of Home Depot by 67.6% in the 1st quarter. Vest Financial LLC now owns 8,062 shares of the home improvement retailer’s stock worth $2,955,000 after buying an additional 3,252 shares in the last quarter. Eagle Rock Investment Company LLC raised its stake in shares of Home Depot by 9.4% in the 1st quarter. Eagle Rock Investment Company LLC now owns 1,289 shares of the home improvement retailer’s stock worth $472,000 after buying an additional 111 shares in the last quarter. Pines Wealth Management LLC raised its stake in shares of Home Depot by 10.0% in the 1st quarter. Pines Wealth Management LLC now owns 3,938 shares of the home improvement retailer’s stock worth $1,320,000 after buying an additional 357 shares in the last quarter. Finally, Udine Wealth Management Inc. raised its stake in shares of Home Depot by 6.8% in the 1st quarter. Udine Wealth Management Inc. now owns 5,898 shares of the home improvement retailer’s stock worth $2,162,000 after buying an additional 378 shares in the last quarter. Institutional investors own 70.86% of the company’s stock.

Home Depot Stock Performance

Shares of HD stock opened at $394.88 on Friday. The Home Depot, Inc. has a 1-year low of $326.31 and a 1-year high of $439.37. The company has a current ratio of 1.15, a quick ratio of 0.34 and a debt-to-equity ratio of 4.31. The company has a market capitalization of $393.06 billion, a price-to-earnings ratio of 26.83, a P/E/G ratio of 3.75 and a beta of 1.00. The stock’s fifty day simple moving average is $402.63 and its 200-day simple moving average is $376.37.

Home Depot (NYSE:HD) last issued its quarterly earnings results on Tuesday, August 19th. The home improvement retailer reported $4.68 earnings per share for the quarter, missing analysts’ consensus estimates of $4.69 by ($0.01). Home Depot had a net margin of 8.86% and a return on equity of 193.99%. The business had revenue of $45.28 billion for the quarter, compared to analysts’ expectations of $45.43 billion. During the same quarter in the prior year, the firm posted $4.60 EPS. The business’s quarterly revenue was up 4.9% compared to the same quarter last year. Home Depot has set its FY 2025 guidance at 14.940-14.940 EPS. On average, sell-side analysts predict that The Home Depot, Inc. will post 15.13 earnings per share for the current fiscal year.

Home Depot Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Thursday, September 4th were issued a dividend of $2.30 per share. The ex-dividend date was Thursday, September 4th. This represents a $9.20 dividend on an annualized basis and a dividend yield of 2.3%. Home Depot’s payout ratio is currently 62.50%.

Insider Buying and Selling at Home Depot

In other Home Depot news, EVP Teresa Wynn Roseborough sold 5,483 shares of the business’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $413.23, for a total value of $2,265,740.09. Following the transaction, the executive vice president owned 16,057 shares in the company, valued at $6,635,234.11. The trade was a 25.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Edward P. Decker sold 32,897 shares of the business’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $397.22, for a total value of $13,067,346.34. Following the completion of the transaction, the chief executive officer owned 122,425 shares in the company, valued at $48,629,658.50. This trade represents a 21.18% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 48,835 shares of company stock valued at $19,623,432 in the last ninety days. Company insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

HD has been the topic of a number of research reports. Robert W. Baird boosted their price objective on Home Depot from $425.00 to $450.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 20th. Telsey Advisory Group reissued an “outperform” rating and issued a $455.00 price objective on shares of Home Depot in a research note on Tuesday, August 19th. Stifel Nicolaus boosted their price objective on Home Depot from $425.00 to $432.00 and gave the stock a “buy” rating in a research note on Monday, August 18th. Mizuho boosted their price objective on Home Depot from $435.00 to $450.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 20th. Finally, Wells Fargo & Company boosted their price objective on Home Depot from $420.00 to $450.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, Home Depot presently has a consensus rating of “Moderate Buy” and an average price target of $436.40.

Home Depot Company Profile

The Home Depot, Inc operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.