Perryman Financial Advisory Inc. AD Buys Shares of 22,509 The Home Depot, Inc. $HD

Perryman Financial Advisory Inc. AD bought a new stake in shares of The Home Depot, Inc. (NYSE:HD) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 22,509 shares of the home improvement retailer’s stock, valued at approximately $7,745,000. Home Depot makes up 1.1% of Perryman Financial Advisory Inc. AD’s portfolio, making the stock its 28th biggest position.

Other institutional investors and hedge funds also recently bought and sold shares of the company. King Luther Capital Management Corp grew its stake in shares of Home Depot by 0.6% in the 4th quarter. King Luther Capital Management Corp now owns 1,240,478 shares of the home improvement retailer’s stock valued at $426,848,000 after buying an additional 7,180 shares in the last quarter. Carnegie Investment Counsel grew its stake in shares of Home Depot by 24.8% in the 4th quarter. Carnegie Investment Counsel now owns 108,306 shares of the home improvement retailer’s stock valued at $37,268,000 after buying an additional 21,545 shares in the last quarter. Savvy Advisors Inc. grew its stake in shares of Home Depot by 36.0% in the 4th quarter. Savvy Advisors Inc. now owns 19,478 shares of the home improvement retailer’s stock valued at $6,703,000 after buying an additional 5,152 shares in the last quarter. Gator Capital Management LLC bought a new stake in shares of Home Depot in the 4th quarter valued at approximately $3,693,000. Finally, Mariner LLC grew its stake in shares of Home Depot by 3.7% in the 3rd quarter. Mariner LLC now owns 1,136,584 shares of the home improvement retailer’s stock valued at $460,544,000 after buying an additional 40,693 shares in the last quarter. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Bank of America assumed coverage on Home Depot in a research note on Tuesday, May 5th. They issued a “buy” rating and a $374.00 price target for the company. Jefferies Financial Group lowered their price target on Home Depot from $361.00 to $360.00 and set a “buy” rating for the company in a research note on Thursday, June 4th. UBS Group lowered their price target on Home Depot from $450.00 to $430.00 and set a “buy” rating for the company in a research note on Wednesday, May 20th. Weiss Ratings raised Home Depot from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, June 9th. Finally, The Goldman Sachs Group lowered their price target on Home Depot from $409.00 to $390.00 and set a “buy” rating for the company in a research note on Wednesday, May 20th. Nineteen equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Home Depot has an average rating of “Moderate Buy” and an average price target of $371.71.

Key Home Depot News

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

• Positive Sentiment: Analysts and market articles are highlighting signs of a potential turnaround in Home Depot’s FY26 outlook, citing positive comparable sales, stronger Pro demand, and digital growth as evidence that operations may be improving. Article: Home Depot’s FY26 Earnings Outlook: Signs of a Turnaround?
• Positive Sentiment: Coverage focused on Home Depot’s push into the Pro market says acquisitions like SRS Distribution and Mingledorff’s could broaden its earnings mix and create a stronger long-term growth engine beyond traditional big-box retail. Article: Home Depot’s Pro Pivot Reshapes Growth Potential And Earnings Mix
• Positive Sentiment: Several pieces argue that HD may have meaningful upside over the next few years, including a forecast that the shares could reach $450 by 2028 if the company continues executing well and demand improves. Article: Home Depot Shares to Hit $450 in 2028? Here’s the Math
• Neutral Sentiment: Commentary asking whether Home Depot is a buy, sell, or hold after Q1 earnings suggests investors are still weighing the company’s solid execution against housing-market pressure and softer discretionary spending. Article: Home Depot (HD): Buy, sell, or hold post Q1 earnings?
• Neutral Sentiment: Additional articles about Home Depot’s dividend history and stock-screening mentions are largely informational and unlikely to move the stock much on their own. Article: Home Depot or Lowe’s: 1 Has Raised Its Dividend for 50+ Years. The Other Pays More Now
• Negative Sentiment: Some coverage still notes that housing affordability pressure, consumer uncertainty, and weaker discretionary demand remain headwinds that could limit near-term sales growth for HD. Article: Promising Home Improvement Stocks To Consider – June 12th

Home Depot Stock Up 0.5%

Shares of Home Depot stock opened at $330.00 on Tuesday. The stock has a market capitalization of $329.05 billion, a P/E ratio of 23.44, a PEG ratio of 3.79 and a beta of 0.97. The company has a quick ratio of 0.28, a current ratio of 1.04 and a debt-to-equity ratio of 3.23. The stock has a 50 day moving average price of $322.61 and a two-hundred day moving average price of $346.97. The Home Depot, Inc. has a 12-month low of $289.10 and a 12-month high of $426.75.

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

Home Depot Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be given a dividend of $2.33 per share. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $9.32 dividend on an annualized basis and a yield of 2.8%. Home Depot’s dividend payout ratio is presently 66.19%.

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.