O Shaughnessy Asset Management LLC Sells 19,344 Shares of The Home Depot, Inc. $HD

O Shaughnessy Asset Management LLC reduced its stake in shares of The Home Depot, Inc. (NYSE:HD) by 8.4% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 210,616 shares of the home improvement retailer’s stock after selling 19,344 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Home Depot were worth $72,473,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Parvin Asset Management LLC increased its holdings in Home Depot by 110.0% during the 3rd quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock worth $26,000 after purchasing an additional 33 shares in the last quarter. Financially Speaking Inc bought a new stake in Home Depot during the 3rd quarter worth approximately $31,000. Key Capital Management INC bought a new stake in Home Depot during the 4th quarter worth approximately $28,000. Imprint Wealth LLC bought a new stake in Home Depot during the 3rd quarter worth approximately $34,000. Finally, Navalign LLC bought a new stake in Home Depot during the 4th quarter worth approximately $31,000. 70.86% of the stock is owned by institutional investors.

Home Depot Price Performance

Home Depot stock opened at $310.73 on Monday. The Home Depot, Inc. has a 12 month low of $289.10 and a 12 month high of $426.75. The company has a current ratio of 1.04, a quick ratio of 0.28 and a debt-to-equity ratio of 3.23. The business’s 50 day simple moving average is $322.95 and its 200 day simple moving average is $347.66. The company has a market cap of $309.83 billion, a price-to-earnings ratio of 22.07, a PEG ratio of 3.59 and a beta of 0.97.

Home Depot (NYSE:HD) last posted its quarterly earnings data on Tuesday, May 19th. The home improvement retailer reported $3.43 EPS for the quarter, beating the consensus estimate of $3.41 by $0.02. Home Depot had a return on equity of 117.24% and a net margin of 8.41%.The business had revenue of $41.77 billion for the quarter, compared to the consensus estimate of $41.59 billion. During the same quarter in the prior year, the business earned $3.56 earnings per share. Home Depot’s revenue for the quarter was up 4.8% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Sell-side analysts forecast that The Home Depot, Inc. will post 15.01 EPS for the current year.

Home Depot Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be paid a $2.33 dividend. The ex-dividend date is Thursday, June 4th. This represents a $9.32 annualized dividend and a yield of 3.0%. Home Depot’s dividend payout ratio is presently 66.19%.

Wall Street Analysts Forecast Growth

HD has been the subject of a number of recent research reports. Weiss Ratings lowered Home Depot from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, May 26th. Telsey Advisory Group reduced their target price on Home Depot from $435.00 to $410.00 and set an “outperform” rating for the company in a report on Wednesday, May 20th. The Goldman Sachs Group reduced their target price on Home Depot from $409.00 to $390.00 and set a “buy” rating for the company in a report on Wednesday, May 20th. Guggenheim reaffirmed a “buy” rating and issued a $425.00 target price on shares of Home Depot in a report on Wednesday, May 20th. Finally, Evercore reduced their target price on Home Depot from $415.00 to $400.00 and set an “outperform” rating for the company in a report on Wednesday, May 20th. Nineteen research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Home Depot has an average rating of “Moderate Buy” and an average price target of $371.36.

About Home Depot

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.