24,474 Shares in The Home Depot, Inc. $HD Acquired by Aware Super Pty Ltd as trustee of Aware Super

Aware Super Pty Ltd as trustee of Aware Super bought a new position in shares of The Home Depot, Inc. (NYSE:HD) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 24,474 shares of the home improvement retailer’s stock, valued at approximately $8,049,000.

Other hedge funds have also modified their holdings of the company. Brighton Jones LLC lifted its holdings in Home Depot by 36.5% in the 4th quarter. Brighton Jones LLC now owns 26,918 shares of the home improvement retailer’s stock worth $10,471,000 after purchasing an additional 7,203 shares in the last quarter. Sivia Capital Partners LLC raised its position in shares of Home Depot by 7.1% during the second quarter. Sivia Capital Partners LLC now owns 2,598 shares of the home improvement retailer’s stock valued at $952,000 after buying an additional 173 shares during the last quarter. Schnieders Capital Management LLC. lifted its holdings in shares of Home Depot by 14.1% in the second quarter. Schnieders Capital Management LLC. now owns 11,587 shares of the home improvement retailer’s stock worth $4,248,000 after buying an additional 1,433 shares in the last quarter. Darwin Wealth Management LLC bought a new position in shares of Home Depot during the second quarter worth $1,773,000. Finally, Financial Advisors Network Inc. boosted its position in shares of Home Depot by 11.3% during the second quarter. Financial Advisors Network Inc. now owns 2,368 shares of the home improvement retailer’s stock worth $868,000 after acquiring an additional 241 shares during the last quarter. 70.86% of the stock is currently owned by institutional investors.

Home Depot Trading Down 2.5%

Shares of NYSE:HD opened at $339.22 on Friday. The company has a market capitalization of $338.24 billion, a PE ratio of 24.09, a P/E/G ratio of 4.02 and a beta of 0.95. 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 Home Depot, Inc. has a 12-month low of $289.10 and a 12-month high of $426.75. The business’s fifty day simple moving average is $326.96 and its 200-day simple moving average is $345.24.

Home Depot (NYSE:HD) last issued its quarterly earnings data on Tuesday, May 19th. The home improvement retailer reported $3.43 earnings per share for the quarter, beating 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 company had revenue of $41.77 billion for the quarter, compared to the consensus estimate of $41.59 billion. During the same quarter last year, the company earned $3.56 earnings per share. The firm’s revenue for the quarter 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. As a group, equities research analysts predict that The Home Depot, Inc. will post 15.01 earnings per share for the current fiscal year.

Home Depot Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were paid a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Thursday, June 4th. Home Depot’s payout ratio is 66.19%.

Analysts Set New Price Targets

A number of analysts have issued reports on HD shares. Piper Sandler reduced their price target on shares of Home Depot from $422.00 to $421.00 and set an “overweight” rating on the stock in a report on Wednesday, May 20th. JPMorgan Chase & Co. cut their price objective on Home Depot from $423.00 to $396.00 and set an “overweight” rating for the company in a research report on Wednesday, May 20th. Wall Street Zen raised Home Depot from a “sell” rating to a “hold” rating in a report on Tuesday, June 2nd. Royal Bank Of Canada decreased their target price on Home Depot from $377.00 to $340.00 and set a “sector perform” rating on the stock in a research report on Wednesday, May 20th. Finally, Oppenheimer cut their price target on Home Depot from $405.00 to $310.00 and set a “market perform” rating for the company in a report on Monday, May 18th. Eighteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $371.71.

Home Depot 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.