3,351 Shares in The Home Depot, Inc. $HD Bought by Old Mission Investment Co LLC

Key Points

• Old Mission Investment Co. LLC acquired 3,351 Home Depot shares worth approximately $1.18 million during the second quarter. Institutional investors collectively own 70.86% of the company.
• Home Depot reported quarterly earnings of $4.92 per share and revenue of $47.86 billion, exceeding analyst expectations, while revenue increased 5.7% year over year. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $375.54.
• Several executives sold shares recently, including the CFO and an executive vice president, with insiders selling 9,154 shares worth $3.13 million over the past three months. The company also declared a quarterly dividend of $2.33 per share, representing a 2.9% annualized yield.

Old Mission Investment Co LLC acquired a new position in The Home Depot, Inc. (NYSE:HD - Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,351 shares of the home improvement retailer's stock, valued at approximately $1,182,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in HD. Highland Investment Advisors LLC bought a new stake in shares of Home Depot during the 2nd quarter valued at $64,000. Timbuktu Capital Management LLC purchased a new stake in shares of Home Depot in the 2nd quarter worth about $152,000. Oakmont Investment Advisors Inc. bought a new position in shares of Home Depot in the 2nd quarter worth about $527,000. Blalock Williams LLC increased its stake in shares of Home Depot by 9.9% in the 2nd quarter. Blalock Williams LLC now owns 1,671 shares of the home improvement retailer's stock worth $589,000 after acquiring an additional 151 shares in the last quarter. Finally, Aventus Investment Advisors Inc. lifted its position in Home Depot by 191.7% during the 2nd quarter. Aventus Investment Advisors Inc. now owns 175 shares of the home improvement retailer's stock valued at $62,000 after acquiring an additional 115 shares during the period. Hedge funds and other institutional investors own 70.86% of the company's stock.

Insider Activity at Home Depot

In other Home Depot news, CFO Richard McPhail sold 5,989 shares of the stock in a transaction on 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 sale, the chief financial officer directly owned 48,104 shares in the company, valued at approximately $16,759,433.60. This trade represents a 11.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Teresa Roseborough sold 2,455 shares of Home Depot stock in a transaction on Friday, August 28th. The stock was sold at an average price of $328.77, for a total value of $807,130.35. Following the completion of the sale, the executive vice president directly owned 14,061 shares of the company's stock, valued at approximately $4,622,834.97. The trade was a 14.86% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 9,154 shares of company stock valued at $3,132,798. 0.08% of the stock is owned by corporate insiders.

Key Home Depot News

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

• Positive Sentiment: Retail earnings point to a relatively resilient higher-income consumer. Home Depot and Lowe’s reported solid home-improvement sales, suggesting demand for repairs and larger projects remains healthier than spending at some value-oriented retailers. Retail Earnings Just Exposed a Bigger Divide in the U.S. Consumer Economy
• Positive Sentiment: Analysts at Zacks updated estimates for Home Depot’s fiscal third-quarter earnings, providing a fresh valuation and earnings catalyst following the company’s prior quarterly beat. Home Depot most recently reported earnings of $4.92 per share versus a $4.73 consensus estimate, with revenue also exceeding forecasts. Zacks Research Estimates Home Depot's Q3 Earnings
• Neutral Sentiment: The stock’s valuation is near the middle of its peer group, but analysts question whether its operating performance and growth have fallen behind competitors. This creates potential upside if productivity improves, but also limits enthusiasm until growth reaccelerates. The Gap Between HD Stock And Its Own Numbers
• Negative Sentiment: Mortgage rates recently reached a one-year high following a global bond-market sell-off. Elevated borrowing costs can discourage home purchases, remodeling projects and other large-ticket transactions that drive Home Depot’s sales. Mortgage Rates Just Hit a 1-Year High
• Negative Sentiment: Some investors view weakness in consumer-focused stocks, including Home Depot, as a warning that middle-income households are under pressure. That macro concern could weigh on discretionary home-improvement spending and the broader retail sector. Wall Street worried about GOP in midterms
• Negative Sentiment: One market analysis cited Home Depot’s transition to positive free cash flow in the early 2000s as evidence that growth had slowed, reinforcing concerns that the company’s mature business may offer limited expansion compared with faster-growing retailers. Home Depot stock information

Home Depot Stock Performance

Shares of Home Depot stock opened at $320.94 on Monday. The stock has a market cap of $320.20 billion, a price-to-earnings ratio of 22.46, a PEG ratio of 3.53 and a beta of 0.95. The firm's 50-day moving average is $339.35 and its 200 day moving average is $336.02. The Home Depot, Inc. has a 1 year low of $289.10 and a 1 year high of $426.75. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.08 and a quick ratio of 0.31.

Home Depot (NYSE:HD - Get Free Report) last released its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share for the quarter, beating analysts' consensus estimates of $4.73 by $0.19. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The business had revenue of $47.86 billion during the quarter, compared to analyst estimates of $47.24 billion. During the same period last year, the business earned $4.68 EPS. Home Depot'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. Sell-side analysts anticipate that The Home Depot, Inc. will post 15 EPS for the current fiscal year.

Home Depot Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, September 3rd will be given a $2.33 dividend. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $9.32 annualized dividend and a yield of 2.9%. Home Depot's dividend payout ratio is 65.22%.

Analyst Upgrades and Downgrades

Several research firms recently commented on HD. BNP Paribas Exane dropped their price objective on shares of Home Depot from $348.00 to $325.00 and set a "neutral" rating on the stock in a research note on Tuesday, May 19th. Wells Fargo & Company raised their target price on shares of Home Depot from $360.00 to $400.00 and gave the company an "overweight" rating in a research note on Tuesday, August 11th. Argus reiterated a "buy" rating and set a $400.00 target price on shares of Home Depot in a report on Wednesday, August 19th. Robert W. Baird lowered their target price on shares of Home Depot from $430.00 to $380.00 and set an "outperform" rating for the company in a report on Wednesday, May 20th. Finally, Morgan Stanley dropped their price target on Home Depot from $420.00 to $400.00 and set an "overweight" rating on the stock in a research report on Wednesday, May 20th. 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 stock has a consensus rating of "Moderate Buy" and an average price target of $375.54.

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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