Capital Square LLC Makes New $2.50 Million Investment in The Home Depot, Inc. $HD

Key Points

• Capital Square LLC acquired 8,788 Home Depot shares worth approximately $2.5 million in the third quarter, making HD its 25th-largest holding and representing about 1.1% of its portfolio. Institutional investors collectively own 70.86% of the company.
• Home Depot’s latest quarterly results exceeded expectations, with EPS of $4.92 versus the $4.73 consensus and revenue of $47.86 billion. Revenue increased 5.7% year over year, and the company provided fiscal 2026 EPS guidance of $14.69–$15.28.
• Shares traded near $309, below their 52-week high of $397.63, while analysts maintained a broadly positive outlook with a “Moderate Buy” consensus and an average price target of $375.93. Home Depot also pays a quarterly dividend of $2.33 per share, yielding about 3.0% annually.

Capital Square LLC acquired a new stake in The Home Depot, Inc. (NYSE:HD - Free Report) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 8,788 shares of the home improvement retailer's stock, valued at approximately $2,500,000. Home Depot makes up approximately 1.1% of Capital Square LLC's holdings, making the stock its 25th biggest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Zeit Capital LLC bought a new stake in Home Depot in the second quarter valued at about $26,000. Cache Advisors LLC acquired a new position in Home Depot in the first quarter worth about $27,000. Merkkuri Wealth Advisors LLC acquired a new position in Home Depot in the first quarter worth about $28,000. Osbon Capital Management LLC acquired a new position in Home Depot in the fourth quarter worth about $29,000. Finally, Principia Wealth Advisory LLC lifted its stake in Home Depot by 60.4% during the second quarter. Principia Wealth Advisory LLC now owns 85 shares of the home improvement retailer's stock worth $30,000 after purchasing an additional 32 shares during the period. 70.86% of the stock is owned by institutional investors.

Home Depot Price Performance

Shares of Home Depot stock traded down $0.36 during mid-day trading on Monday, reaching $309.27. 1,353,065 shares of the stock were exchanged, compared to its average volume of 4,470,046. The company has a market cap of $308.56 billion, a price-to-earnings ratio of 21.65, a price-to-earnings-growth ratio of 2.20 and a beta of 1.00. The company has a current ratio of 1.08, a quick ratio of 0.31 and a debt-to-equity ratio of 2.64. The firm has a 50-day simple moving average of $312.52 and a 200 day simple moving average of $324.17. The Home Depot, Inc. has a fifty-two week low of $277.15 and a fifty-two week high of $397.63.

Home Depot (NYSE:HD - Get Free Report) last announced its quarterly earnings results 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. The firm 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 firm's quarterly revenue was up 5.7% on a year-over-year basis. During the same period last year, the firm posted $4.68 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, sell-side analysts predict that The Home Depot, Inc. will post 15.01 EPS for the current fiscal year.

Home Depot Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd were issued a dividend of $2.33 per share. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $9.32 annualized dividend and a dividend yield of 3.0%. Home Depot's dividend payout ratio (DPR) is presently 65.22%.

Insider Activity

In other news, CFO Richard McPhail sold 5,989 shares of the firm'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 sale, the chief financial officer owned 48,104 shares of the company's stock, valued at approximately $16,759,433.60. This trade represents a 11.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Michael Rowe sold 710 shares of Home Depot stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $336.76, for a total transaction of $239,099.60. Following the completion of the transaction, the executive vice president owned 6,838 shares of the company's stock, valued at $2,302,764.88. This trade represents a 9.41% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 9,829 shares of company stock worth $3,339,314. Corporate insiders own 0.08% of the company's stock.

Analyst Upgrades and Downgrades

HD has been the subject of a number of analyst reports. Melius Research set a $397.00 price target on shares of Home Depot in a research note on Tuesday, October 6th. DA Davidson reiterated a "buy" rating and issued a $377.00 price objective on shares of Home Depot in a research note on Wednesday, August 19th. Stifel Nicolaus upped their price objective on Home Depot from $320.00 to $340.00 and gave the company a "hold" rating in a research note on Monday, August 17th. Mizuho increased their target price on Home Depot from $385.00 to $390.00 and gave the stock an "outperform" rating in a report on Wednesday, August 19th. Finally, Sanford C. Bernstein cut their target price on Home Depot from $354.00 to $344.00 and set a "market perform" rating for the company in a research report on Wednesday, September 9th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $375.93.

About Home Depot

The Home Depot, Inc is a home improvement retailer serving do-it-yourself customers, professional contractors, and other building and maintenance professionals. The company sells a broad selection of building materials, hardware, tools, appliances, paint, plumbing and electrical supplies, flooring, lighting, lawn and garden products, and home décor.

In addition to merchandise, Home Depot offers services such as product delivery, tool and equipment rental, credit services, and installation for selected products.

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