22,484 Shares in The Home Depot, Inc. $HD Acquired by Compass Capital Management Inc.

Compass Capital Management Inc. purchased a new stake in The Home Depot, Inc. (NYSE:HD - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 22,484 shares of the home improvement retailer's stock, valued at approximately $7,930,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in HD. Gator Capital Management LLC bought a new position in shares of Home Depot in the fourth quarter worth $3,693,000. King Luther Capital Management Corp raised its stake in Home Depot by 0.6% in the fourth quarter. King Luther Capital Management Corp now owns 1,240,478 shares of the home improvement retailer's stock valued at $426,848,000 after purchasing an additional 7,180 shares in the last quarter. Thompson Siegel & Walmsley LLC lifted its position in Home Depot by 320.4% during the fourth quarter. Thompson Siegel & Walmsley LLC now owns 11,292 shares of the home improvement retailer's stock worth $3,886,000 after purchasing an additional 8,606 shares during the period. Sarasin & Partners LLP lifted its position in Home Depot by 4.0% during the second quarter. Sarasin & Partners LLP now owns 687,219 shares of the home improvement retailer's stock worth $242,368,000 after purchasing an additional 26,357 shares during the period. Finally, Capital International Inc. CA grew its stake in Home Depot by 4.3% during the fourth quarter. Capital International Inc. CA now owns 150,368 shares of the home improvement retailer's stock worth $51,742,000 after buying an additional 6,187 shares in the last quarter. 70.86% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Home Depot

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

• Positive Sentiment: Home Depot’s latest quarter showed solid execution: earnings and revenue exceeded consensus estimates, while sales increased year over year. Bank of America characterized the results as resilient despite a difficult housing backdrop. Home Depot Q2 results analysis
• Positive Sentiment: The board declared a quarterly dividend of $2.33 per share, payable September 17 to shareholders of record September 3. The annualized payout implies a yield of approximately 2.8%, supporting the stock’s income appeal. Home Depot declares quarterly dividend
• Positive Sentiment: DA Davidson, Argus and Guggenheim reiterated or assigned “Buy” ratings, indicating continued confidence in Home Depot’s long-term positioning. The company is also expanding nationwide express delivery to make smaller projects more convenient for cautious consumers. DA Davidson buy rating Home Depot expands express delivery
• Neutral Sentiment: Royal Bank of Canada lowered its price target to $342, while KeyCorp maintained a Sector Weight rating. The mixed recommendations suggest limited near-term upside despite the earnings beat. RBC lowers Home Depot price target
• Neutral Sentiment: Home Depot expanded executive responsibilities and awarded restricted stock, changes intended to support leadership continuity but with no immediate earnings impact. Home Depot executive changes
• Negative Sentiment: Reports highlight margin pressure and an uphill sales environment as customers delay or reduce spending on major renovations. This could constrain comparable sales and profitability even after the recent quarterly beat. Home Depot margin pressure Home Depot customer spending concerns
• Negative Sentiment: CFO Richard McPhail sold 5,989 shares worth approximately $2.1 million, reducing his position by 11.1%. While insider sales do not necessarily signal deteriorating fundamentals, the transaction may weigh modestly on sentiment. Home Depot CFO stock sale

Wall Street Analyst Weigh In

Several research firms have commented on HD. KeyCorp reissued a "sector weight" rating on shares of Home Depot in a report on Wednesday, August 19th. BNP Paribas Exane cut 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. Guggenheim reaffirmed a "buy" rating and set a $425.00 price target on shares of Home Depot in a report on Wednesday, August 19th. 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 research report on Wednesday, May 20th. Finally, DA Davidson reissued a "buy" rating and issued a $377.00 price objective on shares of Home Depot in a research note on Wednesday, August 19th. Eighteen analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $375.54.

Insider Activity

In related news, CFO Richard V. Mcphail sold 5,989 shares of the company's stock in a transaction that occurred on Wednesday, August 19th. The shares were 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 in the company, valued at $16,759,433.60. This represents a 11.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.08% of the company's stock.

Home Depot Stock Performance

NYSE:HD opened at $336.04 on Monday. The stock's 50-day simple moving average is $340.86 and its 200 day simple moving average is $340.20. The firm has a market capitalization of $335.07 billion, a PE ratio of 23.52, a price-to-earnings-growth ratio of 3.70 and a beta of 0.95. 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 Home Depot, Inc. has a twelve month low of $289.10 and a twelve month high of $426.75.

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

Home Depot Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, September 3rd will be issued a dividend of $2.33 per share. 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 payout ratio is 65.22%.

About Home Depot

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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