Citizens Financial Group Inc. RI Decreases Position in The Home Depot, Inc. $HD

Key Points

• Citizens Financial Group trimmed its Home Depot stake by 12.2% in Q4, selling 14,330 shares and leaving it with 102,974 shares valued at $35.43 million; overall, 70.86% of HD is owned by hedge funds and institutional investors.
• Home Depot beat Q4 EPS estimates with $2.72 vs. $2.52 expected, though revenue was down 3.8% year-over-year, and the company set FY2026 EPS guidance of $14.230–$14.799 while analysts forecast about $15.03.
• Dividend increased to $2.33 per quarter ($9.32 annualized) for a ~2.8% yield, and CFO Richard V. McPhail disclosed a sale of 2,550 shares in March.

Citizens Financial Group Inc. RI trimmed its position in shares of The Home Depot, Inc. (NYSE:HD - Free Report) by 12.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 102,974 shares of the home improvement retailer's stock after selling 14,330 shares during the period. Citizens Financial Group Inc. RI's holdings in Home Depot were worth $35,433,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Brighton Jones LLC raised its stake in Home Depot by 36.5% in the 4th quarter. Brighton Jones LLC now owns 26,918 shares of the home improvement retailer's stock valued at $10,471,000 after acquiring an additional 7,203 shares during the period. Sivia Capital Partners LLC boosted its position in Home Depot by 7.1% during the second quarter. Sivia Capital Partners LLC now owns 2,598 shares of the home improvement retailer's stock worth $952,000 after purchasing an additional 173 shares during the period. Schnieders Capital Management LLC. increased its stake in shares of Home Depot by 14.1% in the second quarter. Schnieders Capital Management LLC. now owns 11,587 shares of the home improvement retailer's stock worth $4,248,000 after purchasing an additional 1,433 shares in the last quarter. Darwin Wealth Management LLC purchased a new position in shares of Home Depot in the second quarter worth about $1,773,000. Finally, Financial Advisors Network Inc. raised its position in shares of Home Depot by 11.3% in the second quarter. Financial Advisors Network Inc. now owns 2,368 shares of the home improvement retailer's stock valued at $868,000 after purchasing an additional 241 shares during the period. 70.86% of the stock is owned by hedge funds and other institutional investors.

Home Depot Stock Up 2.0%

Shares of NYSE:HD opened at $329.22 on Friday. The Home Depot, Inc. has a 52-week low of $315.31 and a 52-week high of $426.75. The firm has a fifty day moving average of $343.27 and a 200 day moving average of $359.36. The firm has a market capitalization of $327.92 billion, a PE ratio of 23.14, a price-to-earnings-growth ratio of 3.53 and a beta of 1.09. The company has a debt-to-equity ratio of 3.62, a quick ratio of 0.26 and a current ratio of 1.06.

Home Depot (NYSE:HD - Get Free Report) last issued its quarterly earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, beating analysts' consensus estimates of $2.52 by $0.20. The business had revenue of $38.20 billion for the quarter, compared to analysts' expectations of $38.01 billion. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The business's quarterly revenue was down 3.8% on a year-over-year basis. During the same period last year, the business earned $3.13 earnings per share. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. As a group, research analysts anticipate that The Home Depot, Inc. will post 15.03 EPS for the current fiscal year.

Home Depot Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th were paid a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. This is a positive change from Home Depot's previous quarterly dividend of $2.30. The ex-dividend date of this dividend was Thursday, March 12th. Home Depot's payout ratio is currently 65.50%.

Insider Buying and Selling at Home Depot

In other Home Depot news, CFO Richard V. Mcphail sold 2,550 shares of the stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $368.89, for a total value of $940,669.50. Following the completion of the sale, the chief financial officer owned 44,566 shares in the company, valued at approximately $16,439,951.74. This trade represents a 5.41% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.08% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on HD shares. UBS Group restated an "outperform" rating on shares of Home Depot in a research report on Tuesday, March 24th. Wall Street Zen upgraded Home Depot from a "sell" rating to a "hold" rating in a research report on Saturday, March 21st. Guggenheim boosted their price objective on Home Depot from $400.00 to $425.00 and gave the company a "buy" rating in a research note on Wednesday, February 25th. Royal Bank Of Canada increased their price objective on Home Depot from $363.00 to $377.00 and gave the stock a "sector perform" rating in a report on Wednesday, February 25th. Finally, BNP Paribas Exane cut their target price on Home Depot from $391.00 to $348.00 and set a "neutral" rating for the company in a research note on Tuesday, March 24th. Twenty equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $414.17.

Home Depot 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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