10,524 Shares in The Home Depot, Inc. $HD Purchased by Bell & Brown Wealth Advisors LLC

Key Points

• Bell & Brown Wealth Advisors acquired 10,524 Home Depot shares in the second quarter, valued at approximately $3.7 million. Institutional investors collectively own 70.86% of the company.
• Home Depot exceeded second-quarter expectations, reporting $4.92 in earnings per share and $47.86 billion in revenue, up 5.7% year over year. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $375.54.
• The company declared a quarterly dividend of $2.33 per share, equivalent to an annualized $9.32 dividend and a 2.8% yield. Separately, CFO Richard McPhail sold 5,989 shares for roughly $2.1 million.

Bell & Brown Wealth Advisors LLC acquired a new stake in The Home Depot, Inc. (NYSE:HD - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 10,524 shares of the home improvement retailer's stock, valued at approximately $3,712,000.

Several other large investors have also recently added to or reduced their stakes in HD. Northcape Wealth Management LLC bought a new stake in Home Depot during the second quarter valued at $2,801,000. Edmond DE Rothschild Holding S.A. acquired a new position in shares of Home Depot in the 2nd quarter valued at about $71,078,000. Strathmore Capital Advisors Inc. acquired a new position in shares of Home Depot in the 2nd quarter valued at about $779,000. United Bank bought a new stake in shares of Home Depot during the 2nd quarter valued at about $1,197,000. Finally, Uptick Partners LLC bought a new stake in shares of Home Depot during the 2nd quarter valued at about $626,000. 70.86% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Royal Bank Of Canada cut their price target on Home Depot from $343.00 to $342.00 and set a "sector perform" rating on the stock in a report on Wednesday, August 19th. Wall Street Zen raised Home Depot from a "sell" rating to a "hold" rating in a research report on Tuesday, June 2nd. Piper Sandler cut their target price on Home Depot from $422.00 to $421.00 and set an "overweight" rating on the stock in a research note on Wednesday, May 20th. BNP Paribas Exane reduced their price target on shares of Home Depot from $348.00 to $325.00 and set a "neutral" rating for the company in a report on Tuesday, May 19th. Finally, TD Cowen restated a "buy" rating on shares of Home Depot in a research report on Monday, August 10th. Eighteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned 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 an average target price of $375.54.

Home Depot Price Performance

Shares of HD opened at $334.97 on Thursday. The Home Depot, Inc. has a one year low of $289.10 and a one year high of $426.75. The stock's fifty day moving average is $341.18 and its 200-day moving average is $339.21. 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 firm has a market capitalization of $334.01 billion, a price-to-earnings ratio of 23.44, a price-to-earnings-growth ratio of 3.72 and a beta of 0.95.

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

Home Depot Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, September 3rd will be paid a dividend of $2.33 per share. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Thursday, September 3rd. Home Depot's dividend payout ratio (DPR) is currently 65.22%.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: Home Depot reported fiscal second-quarter revenue of $47.86 billion, up 5.7% year over year and ahead of consensus estimates. Adjusted diluted EPS of $4.92 also exceeded the $4.73 analyst expectation. Home Depot Beat Q2 Estimates
• Positive Sentiment: A nationwide three-hour delivery service could help HD compete with Walmart and Target for e-commerce orders, improve convenience and support sales of home-improvement products. Home Depot Three-Hour Delivery
• Positive Sentiment: Analysts and investor-focused commentary continue to highlight Home Depot’s 17-year dividend growth streak and long-term shareholder returns, offering support while investors wait for housing conditions to improve. Home Depot Dividend Streak

Insider Buying and Selling

In other Home Depot news, CFO Richard V. Mcphail sold 5,989 shares of the company's stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total value of $2,086,567.60. Following the completion of the sale, the chief financial officer directly owned 48,104 shares in the company, valued at $16,759,433.60. This represents a 11.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.08% of the stock is currently owned by insiders.

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.

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