OMERS ADMINISTRATION Corp Sells 11,000 Shares of The Home Depot, Inc. $HD

OMERS ADMINISTRATION Corp trimmed its holdings in The Home Depot, Inc. (NYSE:HD) by 18.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 49,336 shares of the home improvement retailer’s stock after selling 11,000 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in Home Depot were worth $16,977,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Curio Wealth LLC boosted its stake in Home Depot by 13.5% in the 4th 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 period. Westfuller Advisors LLC raised its holdings in shares of Home Depot by 2.1% during the 4th quarter. Westfuller Advisors LLC now owns 1,325 shares of the home improvement retailer’s stock worth $456,000 after acquiring an additional 27 shares in the last quarter. Darwin Wealth Management LLC raised its holdings in shares of Home Depot by 0.5% during the 4th quarter. Darwin Wealth Management LLC now owns 4,949 shares of the home improvement retailer’s stock worth $1,703,000 after acquiring an additional 27 shares in the last quarter. Alesco Advisors LLC raised its holdings in shares of Home Depot by 3.2% during the 4th quarter. Alesco Advisors LLC now owns 866 shares of the home improvement retailer’s stock worth $298,000 after acquiring an additional 27 shares in the last quarter. Finally, Canandaigua National Trust Co of Florida raised its holdings in shares of Home Depot by 1.3% during the 4th quarter. Canandaigua National Trust Co of Florida now owns 2,178 shares of the home improvement retailer’s stock worth $749,000 after acquiring an additional 27 shares in the last quarter. 70.86% of the stock is currently owned by institutional investors.

Home Depot Stock Performance

HD stock opened at $330.00 on Tuesday. 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 business’s fifty day simple moving average is $322.61 and its two-hundred day simple moving average is $346.97. The Home Depot, Inc. has a twelve month low of $289.10 and a twelve month high of $426.75. The firm has a market cap of $329.05 billion, a price-to-earnings ratio of 23.44, a PEG ratio of 3.79 and a beta of 0.97.

Home Depot (NYSE:HD) last released 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 quarter last year, the firm posted $3.56 earnings per share. The business’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. Analysts predict that The Home Depot, Inc. will post 15.01 earnings per share for the current year.

Home Depot Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders 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 dividend yield of 2.8%. Home Depot’s dividend payout ratio is presently 66.19%.

Key Stories Impacting Home Depot

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

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Royal Bank Of Canada decreased their price objective on Home Depot from $377.00 to $340.00 and set a “sector perform” rating on the stock in a 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. Piper Sandler decreased their price objective on Home Depot from $422.00 to $421.00 and set an “overweight” rating on the stock in a report on Wednesday, May 20th. Daiwa Securities Group upped their price objective on Home Depot from $360.00 to $390.00 and gave the stock a “neutral” rating in a report on Thursday, February 26th. Finally, Oppenheimer decreased their price target on Home Depot from $405.00 to $310.00 and set a “market perform” rating on the stock in a report on Monday, May 18th. Nineteen research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Home Depot presently has a consensus rating of “Moderate Buy” and a consensus target price of $371.71.

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.