Dearborn Partners LLC Has $26.03 Million Position in The Home Depot, Inc. $HD

Key Points

• Dearborn Partners LLC reduced its Home Depot stake by 30.6% in the fourth quarter, selling 33,408 shares and ending with 75,645 shares worth about $26.03 million.
• Home Depot reported better-than-expected quarterly results, posting $3.43 EPS on $41.77 billion in revenue, while revenue rose 4.8% year over year. The company also kept its FY 2026 EPS guidance at 14.690–15.278.
• Analysts remain generally constructive despite recent price-target cuts: Home Depot has a Moderate Buy consensus rating with an average price target of $371.36, while the stock was trading around $310.73.

Dearborn Partners LLC lowered its holdings in The Home Depot, Inc. (NYSE:HD - Free Report) by 30.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 75,645 shares of the home improvement retailer's stock after selling 33,408 shares during the quarter. Dearborn Partners LLC's holdings in Home Depot were worth $26,029,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. Curio Wealth LLC boosted its holdings in Home Depot by 13.5% during the 4th quarter. Curio Wealth LLC now owns 218 shares of the home improvement retailer's stock worth $76,000 after acquiring an additional 26 shares during the last quarter. Westfuller Advisors LLC boosted its holdings in Home Depot by 2.1% during the 4th quarter. Westfuller Advisors LLC now owns 1,325 shares of the home improvement retailer's stock worth $456,000 after acquiring an additional 27 shares during the last quarter. Darwin Wealth Management LLC boosted its holdings in Home Depot by 0.5% during the 4th quarter. Darwin Wealth Management LLC now owns 4,949 shares of the home improvement retailer's stock worth $1,703,000 after acquiring an additional 27 shares during the last quarter. Alesco Advisors LLC boosted its holdings in Home Depot by 3.2% during the 4th quarter. Alesco Advisors LLC now owns 866 shares of the home improvement retailer's stock worth $298,000 after acquiring an additional 27 shares during the last quarter. Finally, Canandaigua National Trust Co of Florida boosted its holdings in Home Depot by 1.3% during the 4th quarter. Canandaigua National Trust Co of Florida now owns 2,178 shares of the home improvement retailer's stock worth $749,000 after acquiring an additional 27 shares during the last quarter. Institutional investors and hedge funds own 70.86% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on HD. Evercore cut their price objective on shares of Home Depot from $415.00 to $400.00 and set an "outperform" rating on the stock in a report on Wednesday, May 20th. Oppenheimer cut their price objective on shares of Home Depot from $405.00 to $310.00 and set a "market perform" rating on the stock in a report on Monday, May 18th. Mizuho cut their price objective on shares of Home Depot from $415.00 to $385.00 and set an "outperform" rating on the stock in a report on Wednesday, May 20th. Stifel Nicolaus cut their price objective on shares of Home Depot from $375.00 to $320.00 and set a "hold" rating on the stock in a report on Monday, May 18th. Finally, Zacks Research raised shares of Home Depot from a "strong sell" rating to a "hold" rating in a report on Monday, February 9th. Nineteen analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Home Depot presently has an average rating of "Moderate Buy" and an average price target of $371.36.

Home Depot Trading Up 0.3%

NYSE HD opened at $310.73 on Friday. The stock has a market capitalization of $309.83 billion, a price-to-earnings ratio of 22.07, a PEG ratio of 3.59 and a beta of 0.97. The Home Depot, Inc. has a one year low of $289.10 and a one year high of $426.75. The company has a debt-to-equity ratio of 3.23, a current ratio of 1.04 and a quick ratio of 0.28. The business's fifty day moving average is $322.95 and its 200-day moving average is $347.74.

Home Depot (NYSE:HD - Get Free Report) last released its earnings results on Tuesday, May 19th. The home improvement retailer reported $3.43 EPS for the quarter, topping analysts' consensus estimates of $3.41 by $0.02. The company had revenue of $41.77 billion for the quarter, compared to analysts' expectations of $41.59 billion. Home Depot had a return on equity of 117.24% and a net margin of 8.41%.The business's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the previous year, the business posted $3.56 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Equities research analysts predict that The Home Depot, Inc. will post 15.01 EPS for the current year.

Home Depot Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be paid a $2.33 dividend. This represents a $9.32 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Thursday, June 4th. Home Depot's payout ratio is currently 66.19%.

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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