Gables Capital Management Inc. Buys New Shares in The Home Depot, Inc. $HD

Gables Capital Management Inc. bought a new stake in The Home Depot, Inc. (NYSE:HD) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 15,839 shares of the home improvement retailer’s stock, valued at approximately $5,586,000. Home Depot accounts for about 2.0% of Gables Capital Management Inc.’s portfolio, making the stock its 11th biggest position.

A number of other large investors have also recently bought and sold shares of the stock. Curio Wealth LLC grew its holdings in shares of Home Depot by 13.5% during the fourth quarter. Curio Wealth LLC now owns 218 shares of the home improvement retailer’s stock worth $76,000 after purchasing an additional 26 shares during the last quarter. Canandaigua National Trust Co of Florida lifted its position in shares of Home Depot by 1.3% during the fourth quarter. Canandaigua National Trust Co of Florida now owns 2,178 shares of the home improvement retailer’s stock worth $749,000 after purchasing an additional 27 shares in the last quarter. Moneco Advisors LLC lifted its position in shares of Home Depot by 0.3% during the fourth quarter. Moneco Advisors LLC now owns 8,743 shares of the home improvement retailer’s stock worth $3,008,000 after purchasing an additional 27 shares in the last quarter. Noesis Capital Mangement Corp grew its stake in shares of Home Depot by 1.5% during the fourth quarter. Noesis Capital Mangement Corp now owns 1,770 shares of the home improvement retailer’s stock valued at $609,000 after purchasing an additional 27 shares during the last quarter. Finally, Eubel Brady & Suttman Asset Management Inc. grew its stake in shares of Home Depot by 1.3% during the fourth quarter. Eubel Brady & Suttman Asset Management Inc. now owns 2,130 shares of the home improvement retailer’s stock valued at $733,000 after purchasing an additional 27 shares during the last quarter. 70.86% of the stock is currently owned by institutional investors.

Home Depot Stock Performance

Shares of HD stock opened at $337.97 on Wednesday. The company has a debt-to-equity ratio of 2.64, a quick ratio of 0.31 and a current ratio of 1.08. The Home Depot, Inc. has a 52 week low of $289.10 and a 52 week high of $426.75. The company’s 50 day moving average price is $341.04 and its two-hundred day moving average price is $339.54. The company has a market capitalization of $337.00 billion, a P/E ratio of 23.65, a price-to-earnings-growth ratio of 3.72 and a beta of 0.95.

Home Depot (NYSE:HD) last issued its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.73 by $0.19. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The company had revenue of $47.86 billion during the quarter, compared to the consensus estimate of $47.24 billion. During the same quarter in the prior year, the firm earned $4.68 earnings per share. The firm’s revenue was up 5.7% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, analysts expect that The Home Depot, Inc. will post 14.99 earnings per share for the current fiscal year.

Home Depot Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be paid a $2.33 dividend. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. Home Depot’s dividend payout ratio (DPR) is currently 65.22%.

Insider Activity at Home Depot

In other news, CFO Richard V. Mcphail sold 5,989 shares of the company’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total transaction of $2,086,567.60. Following the completion of the transaction, the chief financial officer directly owned 48,104 shares of the company’s stock, valued at $16,759,433.60. This represents a 11.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.08% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on HD. Wolfe Research downgraded Home Depot from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, June 23rd. The Goldman Sachs Group decreased their price target on Home Depot from $409.00 to $390.00 and set a “buy” rating on the stock in a report on Wednesday, May 20th. KeyCorp reiterated a “sector weight” rating on shares of Home Depot in a research report on Wednesday, August 19th. HSBC dropped their price objective on Home Depot from $392.00 to $310.00 and set a “hold” rating for the company in a report on Wednesday, May 20th. Finally, Royal Bank Of Canada cut their target price on shares of Home Depot from $343.00 to $342.00 and set a “sector perform” rating on the stock in a research report on Wednesday, August 19th. Eighteen investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $375.54.

Trending Headlines about Home Depot

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

• Positive Sentiment: Home Depot reported quarterly revenue of $47.86 billion, up 5.7% year over year and above expectations, while adjusted diluted EPS of $4.92 exceeded the $4.73 consensus estimate. The results provided support for the stock, although they did not yet indicate a broad-based recovery in home improvement. Home Depot Q2 estimates and tariff refund
• Positive Sentiment: Management commentary indicated that smaller projects are driving growth as high mortgage rates and housing affordability challenges weigh on larger purchases. This suggests customers remain active, even if demand is shifting toward lower-cost jobs. Home Depot Q2 earnings call transcript
• Positive Sentiment: Home Depot’s 17-year dividend growth streak remains an attraction for income-oriented investors who can collect dividends while waiting for housing and renovation demand to improve. Home Depot dividend streak
• Neutral Sentiment: A $685 million tariff refund contributed to the quarterly outcome, raising concerns that part of the earnings strength may be one-time rather than driven by ongoing operating improvement. Home Depot tariff refund analysis
• Neutral Sentiment: The nationwide launch of three-hour delivery expands Home Depot’s e-commerce and fulfillment capabilities, but its effect on sales and margins remains unproven. Home Depot three-hour delivery
• Neutral Sentiment: Articles highlighting HD’s long-term multibagger returns and ownership by prominent investors may reinforce the company’s appeal, but they are not immediate earnings catalysts. Home Depot long-term returns
• Negative Sentiment: Home Depot’s CFO sold approximately $2.1 million of company stock. While insider selling can reflect personal financial planning, it may weigh modestly on sentiment. Home Depot CFO stock sale

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.