Schaper Benz & Wise Investment Counsel Inc. WI Has $21.74 Million Stock Holdings in The Home Depot, Inc. $HD

Schaper Benz & Wise Investment Counsel Inc. WI grew its stake in The Home Depot, Inc. (NYSE:HD) by 3.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,635 shares of the home improvement retailer’s stock after acquiring an additional 2,054 shares during the period. Home Depot accounts for approximately 1.5% of Schaper Benz & Wise Investment Counsel Inc. WI’s holdings, making the stock its 20th largest position. Schaper Benz & Wise Investment Counsel Inc. WI’s holdings in Home Depot were worth $21,737,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of HD. Advocate Investing Services LLC acquired a new position in Home Depot during the fourth quarter valued at approximately $25,000. Parvin Asset Management LLC grew 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 valued at $26,000 after purchasing an additional 33 shares in the last quarter. Cache Advisors LLC acquired a new position in shares of Home Depot during the 1st quarter worth approximately $27,000. Key Capital Management INC acquired a new position in shares of Home Depot during the 4th quarter worth approximately $28,000. Finally, Merkkuri Wealth Advisors LLC bought a new stake in shares of Home Depot during the 1st quarter worth approximately $28,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Key Headlines Impacting Home Depot

Here are the key news stories impacting Home Depot this week:

• Positive Sentiment: Analysts expect second-quarter sales and earnings growth, supported by continued momentum among professional customers (“Pros”) and gains in digital sales. Wells Fargo also raised its price target to $400, suggesting potential upside if Home Depot delivers a solid report. Home Depot to Post Q2 Earnings Wells Fargo Raises Home Depot Price Target
• Positive Sentiment: Home Depot’s long record of dividend payments may provide support for income-focused investors, while the bankruptcy filing of a smaller hardware rival could modestly reinforce the company’s scale and competitive position. Home Depot Dividend Streak Hardware Rival Files Chapter 11
• Neutral Sentiment: The company’s finance chief Richard McPhail and another senior executive will help manage operations during Decker’s absence. The arrangement limits immediate disruption, but investors may seek more clarity on the duration of the leave and its effect on strategy. Home Depot Executives Step Up During CEO Leave
• Negative Sentiment: Oppenheimer and other analysts caution that second-quarter results may show little evidence of a recovery. High interest rates, weak housing activity, margin pressure and rising fuel costs are weighing on renovation demand and retailer expenses. Home Depot and Lowe’s Results Face Macro Pressures
• Negative Sentiment: Several previews argue that HD may already be priced for a recovery, increasing the risk of a negative reaction if sales, margins or management guidance disappoint. Bernstein has maintained a Hold rating. Home Depot Q2 Earnings Preview Bernstein Maintains Hold Rating

Home Depot Stock Performance

HD opened at $338.21 on Friday. The Home Depot, Inc. has a 12-month low of $289.10 and a 12-month high of $426.75. The stock has a market cap of $337.23 billion, a price-to-earnings ratio of 24.02, a PEG ratio of 4.08 and a beta of 0.95. The business has a 50 day moving average of $339.17 and a 200-day moving average of $341.85. The company has a quick ratio of 0.28, a current ratio of 1.04 and a debt-to-equity ratio of 3.23.

Home Depot (NYSE:HD) last posted its earnings results on Tuesday, May 19th. The home improvement retailer reported $3.43 earnings per share for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $41.59 billion. During the same period in the previous year, the firm earned $3.56 EPS. The firm’s revenue was up 4.8% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, equities research analysts expect that The Home Depot, Inc. will post 15 earnings per share for the current year.

Home Depot Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were issued a $2.33 dividend. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Thursday, June 4th. Home Depot’s payout ratio is currently 66.19%.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Telsey Advisory Group cut their price objective on Home Depot from $435.00 to $410.00 and set an “outperform” rating for the company in a report on Wednesday, May 20th. BNP Paribas Exane lowered their target price on shares of Home Depot from $348.00 to $325.00 and set a “neutral” rating on the stock in a report on Tuesday, May 19th. UBS Group dropped their price target on shares of Home Depot from $450.00 to $430.00 and set a “buy” rating on the stock in a research report on Wednesday, May 20th. Evercore cut their price target on shares of Home Depot from $415.00 to $400.00 and set an “outperform” rating for the company in a research note on Wednesday, May 20th. Finally, TD Cowen reiterated a “buy” rating on shares of Home Depot in a research note on Monday, August 10th. Eighteen research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $373.18.

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.