Dala Group LLC Invests $1.89 Million in The Home Depot, Inc. $HD

Key Points

• Dala Group LLC invested approximately $1.89 million in Home Depot during the second quarter by purchasing 5,371 shares, making HD about 1.6% of its portfolio. Institutional investors overall own 70.86% of the company.
• Home Depot exceeded quarterly expectations, reporting $4.92 in EPS versus $4.73 expected and revenue of $47.86 billion, up 5.7% year over year. Analysts maintain a “Moderate Buy” consensus with an average price target of $375.54.
• The company declared a quarterly dividend of $2.33 per share, equivalent to an annualized $9.32 payout and a 2.8% yield. Separately, CFO Richard McPhail sold roughly $2.1 million of Home Depot stock.

Dala Group LLC bought a new stake in shares of The Home Depot, Inc. (NYSE:HD - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 5,371 shares of the home improvement retailer's stock, valued at approximately $1,894,000. Home Depot makes up about 1.6% of Dala Group LLC's holdings, making the stock its 14th largest position.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in HD. Advocate Investing Services LLC acquired a new position in shares of Home Depot during the 4th quarter worth about $25,000. Zeit Capital LLC acquired a new position in Home Depot in the 2nd quarter valued at $26,000. Parvin Asset Management LLC lifted its holdings in Home Depot by 110.0% in the 3rd quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer's stock valued at $26,000 after purchasing an additional 33 shares in the last quarter. Cache Advisors LLC acquired a new stake in Home Depot during the 1st quarter worth $27,000. Finally, Merkkuri Wealth Advisors LLC acquired a new stake in shares of Home Depot in the first quarter valued at about $28,000. Hedge funds and other institutional investors own 70.86% of the company's stock.

Analyst Ratings Changes

A number of research firms recently weighed in on HD. Stifel Nicolaus boosted their price target on shares of Home Depot from $320.00 to $340.00 and gave the stock a "hold" rating in a research report on Monday, August 17th. Argus reissued a "buy" rating and issued a $400.00 target price on shares of Home Depot in a research note on Wednesday, August 19th. Royal Bank Of Canada dropped their price target on Home Depot from $343.00 to $342.00 and set a "sector perform" rating for the company in a research report on Wednesday, August 19th. JPMorgan Chase & Co. cut their price target on Home Depot from $423.00 to $396.00 and set an "overweight" rating for the company in a report on Wednesday, May 20th. Finally, Oppenheimer lowered their price objective on Home Depot from $405.00 to $310.00 and set a "market perform" rating on the stock in a research note on Monday, May 18th. Eighteen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $375.54.

Insider Transactions at Home Depot

In other news, CFO Richard V. Mcphail sold 5,989 shares of the 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 sale, the chief financial officer owned 48,104 shares of the company's stock, valued at approximately $16,759,433.60. This represents a 11.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.08% of the stock is owned by company insiders.

Home Depot Trading Up 0.2%

HD opened at $337.97 on Wednesday. The Home Depot, Inc. has a 52 week low of $289.10 and a 52 week high of $426.75. 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 business has a fifty day simple moving average of $341.04 and a 200-day simple moving average of $339.54. The firm has a market cap of $337.00 billion, a P/E ratio of 23.65, a P/E/G ratio of 3.72 and a beta of 0.95.

Home Depot (NYSE:HD - Get Free Report) last posted its quarterly earnings data 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. Home Depot had a return on equity of 106.42% and a net margin of 8.41%.The firm had revenue of $47.86 billion for the quarter, compared to the consensus estimate of $47.24 billion. During the same quarter in the previous year, the business earned $4.68 EPS. The company'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. On average, equities analysts expect that The Home Depot, Inc. will post 14.99 earnings per share for the current year.

Home Depot Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be paid a dividend of $2.33 per share. The ex-dividend date is Thursday, September 3rd. This represents a $9.32 dividend on an annualized basis and a yield of 2.8%. Home Depot's dividend payout ratio is 65.22%.

More Home Depot News

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

• Positive Sentiment: Home Depot reported quarterly revenue of $47.86 billion, up 5.7% year over year and above expectations, while adjusted diluted EPS of $4.92 exceeded the $4.73 consensus estimate. The results provided support for the stock, although they did not yet indicate a broad-based recovery in home improvement. Home Depot Q2 estimates and tariff refund
• Positive Sentiment: Management commentary indicated that smaller projects are driving growth as high mortgage rates and housing affordability challenges weigh on larger purchases. This suggests customers remain active, even if demand is shifting toward lower-cost jobs. Home Depot Q2 earnings call transcript
• Positive Sentiment: Home Depot’s 17-year dividend growth streak remains an attraction for income-oriented investors who can collect dividends while waiting for housing and renovation demand to improve. Home Depot dividend streak
• Neutral Sentiment: A $685 million tariff refund contributed to the quarterly outcome, raising concerns that part of the earnings strength may be one-time rather than driven by ongoing operating improvement. Home Depot tariff refund analysis
• Neutral Sentiment: The nationwide launch of three-hour delivery expands Home Depot’s e-commerce and fulfillment capabilities, but its effect on sales and margins remains unproven. Home Depot three-hour delivery
• Neutral Sentiment: Articles highlighting HD’s long-term multibagger returns and ownership by prominent investors may reinforce the company’s appeal, but they are not immediate earnings catalysts. Home Depot long-term returns
• Negative Sentiment: Home Depot’s CFO sold approximately $2.1 million of company stock. While insider selling can reflect personal financial planning, it may weigh modestly on sentiment. Home Depot CFO stock sale

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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