Compass Financial Management LLC acquired a new stake in shares of The Home Depot, Inc. (NYSE:HD - Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 3,520 shares of the home improvement retailer's stock, valued at approximately $1,238,000.
Several other hedge funds also recently bought and sold shares of HD. Gator Capital Management LLC purchased a new position in shares of Home Depot during the fourth quarter valued at $3,693,000. King Luther Capital Management Corp raised its holdings in shares of Home Depot by 0.6% in the 4th 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. E Fund Management Co. Ltd. purchased a new stake in shares of Home Depot in the 2nd quarter worth approximately $3,915,000. Thompson Siegel & Walmsley LLC lifted its position in shares of Home Depot by 320.4% in the 4th 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. Finally, Sarasin & Partners LLP boosted its stake in shares of Home Depot by 4.0% during the second quarter. Sarasin & Partners LLP now owns 687,219 shares of the home improvement retailer's stock valued at $242,368,000 after purchasing an additional 26,357 shares in the last quarter. Institutional investors own 70.86% of the company's stock.
Insider Activity
In other news, CFO Richard V. Mcphail sold 5,989 shares of the business's stock in a transaction dated 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 transaction, the chief financial officer owned 48,104 shares of the company's stock, valued at approximately $16,759,433.60. The trade was a 11.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Michael F. Rowe sold 710 shares of the 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 sale, the executive vice president directly owned 6,838 shares of the company's stock, valued at approximately $2,302,764.88. This trade represents a 9.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.08% of the company's stock.
Key Stories Impacting Home Depot
Here are the key news stories impacting Home Depot this week:
- Positive Sentiment: Home Depot reported fiscal second-quarter sales of $47.86 billion, up 5.7% year over year and its strongest comparable-sales growth since 2022. Adjusted earnings of $4.92 per share exceeded the $4.73 analyst consensus, reinforcing the view that the retailer’s turnaround is gaining traction. The Home Depot Posts Record Sales Growth Amid CEO Leave
- Positive Sentiment: The company expanded its Magic Apron AI shopping assistant to every U.S. store. The tool provides localized product information, project guidance and store navigation through text, voice, images and multiple languages. Its potential to improve customer service, employee productivity and conversion rates supports the long-term growth narrative. The Home Depot Expands Magic Apron
- Neutral Sentiment: Analysts and recent commentary see significant upside if housing and remodeling demand recover, with Home Depot’s scale and professional-customer base viewed as competitive advantages. However, the stock remains below its 50-day and 200-day moving averages, indicating that investors have not fully embraced the turnaround thesis. Home Depot Turnaround Could Be Bigger Than Investors Expect
- Neutral Sentiment: Although Home Depot beat quarterly estimates, a reported $685 million tariff refund may have boosted results. Investors could discount part of the earnings strength if the benefit is viewed as nonrecurring. Home Depot Beat Q2 Estimates
- Negative Sentiment: CEO Ted Decker is on temporary medical leave, creating uncertainty around leadership even as operating performance improves. Separately, EVP Michael Rowe sold 710 shares valued at approximately $239,100, a relatively small transaction but a modest negative sentiment signal. Home Depot EVP Michael Rowe Sells Shares
Wall Street Analysts Forecast Growth
A number of brokerages recently weighed in on HD. Sanford C. Bernstein restated a "market perform" rating and set a $354.00 price objective on shares of Home Depot in a research note on Wednesday, August 19th. Jefferies Financial Group reaffirmed a "buy" rating and issued a $398.00 price objective on shares of Home Depot in a research report on Tuesday, August 18th. JPMorgan Chase & Co. decreased their target price on shares of Home Depot from $423.00 to $396.00 and set an "overweight" rating for the company in a research report on Wednesday, May 20th. Gordon Haskett raised their target price on shares of Home Depot from $320.00 to $330.00 in a research note on Friday, June 12th. Finally, TD Cowen reaffirmed 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 given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $375.54.
Check Out Our Latest Stock Report on HD
Home Depot Price Performance
NYSE:HD opened at $329.80 on Friday. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.08 and a quick ratio of 0.31. The company has a 50 day moving average price of $340.97 and a 200-day moving average price of $338.75. The Home Depot, Inc. has a 1-year low of $289.10 and a 1-year high of $426.75. The firm has a market cap of $329.04 billion, a price-to-earnings ratio of 23.08, a price-to-earnings-growth ratio of 3.64 and a beta of 0.95.
Home Depot (NYSE:HD - Get Free Report) last released its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share for the quarter, topping analysts' consensus estimates of $4.73 by $0.19. Home Depot had a return on equity of 106.42% and a net margin of 8.41%.The company had revenue of $47.86 billion during the quarter, compared to analysts' expectations of $47.24 billion. During the same quarter in the prior year, the firm posted $4.68 EPS. Home Depot's quarterly 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. Equities research analysts forecast that The Home Depot, Inc. will post 15 EPS for the current year.
Home Depot Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be given a $2.33 dividend. 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 is 65.22%.
About Home Depot
(
Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Home Depot, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Home Depot wasn't on the list.
While Home Depot currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead.
This report highlights seven nuclear energy stocks positioned across the value chain—combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list.
Get This Free Report
