20,202 Shares of The Home Depot, Inc. $HD Bought by M Holdings Securities Inc.

M Holdings Securities Inc. bought a new position in shares of The Home Depot, Inc. (NYSE:HD) during the third quarter, HoldingsChannel.com reports. The institutional investor bought 20,202 shares of the home improvement retailer’s stock, valued at approximately $5,747,000.

A number of other hedge funds and other institutional investors have also modified their holdings of HD. BlackRock Inc. purchased a new position in Home Depot in the second quarter valued at about $28,771,247,000. Bank of America Corp DE purchased a new stake in Home Depot during the 2nd quarter worth approximately $5,780,468,000. Bank of New York Mellon Corp purchased a new stake in Home Depot during the 2nd quarter worth approximately $2,777,396,000. Corient Private Wealth LP purchased a new stake in Home Depot during the 2nd quarter worth approximately $390,913,000. Finally, Legal & General Group Plc purchased a new stake in Home Depot during the 2nd quarter worth approximately $1,953,883,000. 70.86% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. KeyCorp reaffirmed a “sector weight” rating on shares of Home Depot in a research report on Wednesday, August 19th. Mizuho raised their price target on shares of Home Depot from $385.00 to $390.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 19th. DA Davidson restated a “buy” rating and issued a $377.00 price target on shares of Home Depot in a research note on Wednesday, August 19th. Guggenheim reaffirmed a “buy” rating and issued a $425.00 price target on shares of Home Depot in a report on Wednesday, August 19th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $398.00 price objective on shares of Home Depot in a research note on Tuesday, August 18th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Home Depot has an average rating of “Moderate Buy” and a consensus target price of $375.31.

Insider Transactions at Home Depot

In related news, EVP Teresa Roseborough sold 2,455 shares of the firm’s stock in a transaction on Friday, August 28th. The stock was sold at an average price of $328.77, for a total transaction of $807,130.35. Following the transaction, the executive vice president directly owned 14,061 shares in the company, valued at $4,622,834.97. This trade represents a 14.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Kimberly R. Scardino sold 675 shares of Home Depot stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $305.95, for a total transaction of $206,516.25. Following the completion of the transaction, the chief accounting officer directly owned 8,189 shares of the company’s stock, valued at approximately $2,505,424.55. This represents a 7.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 9,829 shares of company stock valued at $3,339,314 over the last 90 days. Insiders own 0.08% of the company’s stock.

Home Depot Stock Up 0.0%

Shares of Home Depot stock opened at $343.48 on Monday. The company has a quick ratio of 0.31, a current ratio of 1.08 and a debt-to-equity ratio of 2.64. The firm has a market cap of $342.69 billion, a P/E ratio of 24.04, a P/E/G ratio of 2.44 and a beta of 0.93. The Home Depot, Inc. has a fifty-two week low of $277.15 and a fifty-two week high of $397.63. The business has a 50-day moving average price of $309.42 and a 200 day moving average price of $334.08.

Home Depot (NYSE:HD) last announced its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.73 by $0.19. Home Depot had a return on equity of 106.42% and a net margin of 8.41%. The firm had revenue of $47.86 billion for the quarter, compared to analysts’ expectations of $47.24 billion. During the same quarter in the prior year, the firm posted $4.68 earnings per share. Home Depot’s revenue for the quarter 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, sell-side analysts forecast 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 declared a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd were issued a $2.33 dividend. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Thursday, September 3rd. Home Depot’s payout ratio is 65.22%.

About Home Depot

The Home Depot, Inc is a home improvement retailer serving do-it-yourself customers, professional contractors and other businesses. The company sells building materials, tools, hardware, appliances, paint, flooring, and products for home maintenance, repair and renovation, as well as lawn and garden supplies.

In addition to its retail stores and online channels, Home Depot offers services such as product delivery, equipment rental and home improvement installation. The company was founded in 1978 and is headquartered in Atlanta, Georgia.