F m Investments LLC Buys 1,873 Shares of The Home Depot, Inc. $HD

F m Investments LLC increased its stake in The Home Depot, Inc. (NYSE:HD) by 2.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 84,811 shares of the home improvement retailer’s stock after buying an additional 1,873 shares during the period. Home Depot accounts for 1.1% of F m Investments LLC’s portfolio, making the stock its 15th largest position. F m Investments LLC’s holdings in Home Depot were worth $29,183,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of HD. Parvin Asset Management LLC raised its stake in Home Depot by 110.0% in the third quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock worth $26,000 after buying an additional 33 shares in the last quarter. Key Capital Management INC purchased a new position in shares of Home Depot during the fourth quarter valued at approximately $28,000. Financially Speaking Inc purchased a new position in shares of Home Depot during the third quarter valued at approximately $31,000. Disciplined Equity Management Inc. purchased a new position in shares of Home Depot during the fourth quarter valued at approximately $34,000. Finally, Family CFO Inc purchased a new position in shares of Home Depot during the fourth quarter valued at approximately $34,000. 70.86% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on HD shares. UBS Group reiterated an “outperform” rating on shares of Home Depot in a report on Tuesday, March 24th. Morgan Stanley lifted their target price on shares of Home Depot from $412.00 to $420.00 and gave the company an “overweight” rating in a report on Tuesday, April 28th. Daiwa Securities Group lifted their target price on shares of Home Depot from $360.00 to $390.00 and gave the company a “neutral” rating in a report on Thursday, February 26th. BNP Paribas Exane lowered their target price on shares of Home Depot from $391.00 to $348.00 and set a “neutral” rating for the company in a report on Tuesday, March 24th. Finally, TD Cowen reiterated a “buy” rating on shares of Home Depot in a report on Thursday, March 12th. Twenty analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $412.24.

Insider Buying and Selling at Home Depot

In other news, CFO Richard V. Mcphail sold 2,550 shares of Home Depot stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $368.89, for a total transaction of $940,669.50. Following the transaction, the chief financial officer owned 44,566 shares in the company, valued at $16,439,951.74. This trade represents a 5.41% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.08% of the stock is owned by corporate insiders.

Home Depot Stock Performance

HD stock opened at $317.43 on Friday. The company has a market cap of $316.17 billion, a P/E ratio of 22.31, a price-to-earnings-growth ratio of 3.72 and a beta of 1.00. The Home Depot, Inc. has a 1 year low of $310.40 and a 1 year high of $426.75. The company has a debt-to-equity ratio of 3.62, a current ratio of 1.06 and a quick ratio of 0.26. The stock’s fifty day moving average price is $339.65 and its 200-day moving average price is $357.57.

Home Depot (NYSE:HD) last issued its quarterly earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, topping the consensus estimate of $2.52 by $0.20. The business had revenue of $38.20 billion for the quarter, compared to analysts’ expectations of $38.01 billion. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The company’s revenue was down 3.8% compared to the same quarter last year. During the same quarter last year, the company posted $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. On average, equities analysts forecast that The Home Depot, Inc. will post 15.03 earnings per share for the current year.

Home Depot Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th were paid a dividend of $2.33 per share. The ex-dividend date was Thursday, March 12th. This represents a $9.32 annualized dividend and a dividend yield of 2.9%. This is a boost from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s dividend payout ratio is 65.50%.

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.