Flavin Financial Services Inc. Invests $3.37 Million in The Home Depot, Inc. $HD

Flavin Financial Services Inc. purchased a new stake in shares of The Home Depot, Inc. (NYSE:HD - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 9,556 shares of the home improvement retailer's stock, valued at approximately $3,370,000. Home Depot comprises approximately 1.9% of Flavin Financial Services Inc.'s holdings, making the stock its 17th largest position.

Other institutional investors have also added to or reduced their stakes in the company. Advocate Investing Services LLC purchased a new stake in shares of Home Depot during the 4th quarter worth approximately $25,000. Zeit Capital LLC purchased a new position in shares of Home Depot in the second quarter valued at $26,000. Parvin Asset Management LLC increased its position in Home Depot by 110.0% in the third quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer's stock worth $26,000 after purchasing an additional 33 shares during the last quarter. Cache Advisors LLC bought a new stake in Home Depot in the first quarter worth $27,000. Finally, Merkkuri Wealth Advisors LLC purchased a new stake in Home Depot during the first quarter valued at $28,000. Hedge funds and other institutional investors own 70.86% of the company's stock.

Home Depot Trading Down 0.1%

HD stock opened at $329.80 on Monday. 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 Home Depot, Inc. has a twelve month low of $289.10 and a twelve month high of $426.75. The stock has a market capitalization 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. The firm's fifty day simple moving average is $340.97 and its two-hundred day simple moving average is $338.46.

Home Depot (NYSE:HD - Get Free Report) last released its earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.73 by $0.19. The firm had revenue of $47.86 billion during the quarter, compared to analyst estimates of $47.24 billion. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The business's revenue was up 5.7% on a year-over-year basis. During the same quarter last year, the business earned $4.68 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, analysts anticipate that The Home Depot, Inc. will post 15 earnings per share for the current year.

Home Depot Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Investors 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 yield of 2.8%. The ex-dividend date of this dividend is Thursday, September 3rd. Home Depot's dividend payout ratio is 65.22%.

Home Depot News Roundup

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

Insider Transactions at Home Depot

In other Home Depot news, CFO Richard V. Mcphail sold 5,989 shares of the firm's stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $348.40, for a total value 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 $16,759,433.60. This trade 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 is available at this hyperlink. Also, EVP Michael F. Rowe sold 710 shares of the business's stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $336.76, for a total value of $239,099.60. Following 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. Corporate insiders own 0.08% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have commented on HD. JPMorgan Chase & Co. lowered their price objective 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. Citigroup decreased their target price on shares of Home Depot from $450.00 to $400.00 and set a "buy" rating on the stock in a research report on Tuesday, May 12th. Telsey Advisory Group lowered their price target on shares of Home Depot from $435.00 to $410.00 and set an "outperform" rating for the company in a report on Wednesday, May 20th. Bank of America assumed coverage on Home Depot in a research report on Tuesday, May 5th. They issued a "buy" rating and a $374.00 price target for the company. Finally, Jefferies Financial Group reissued a "buy" rating and set a $398.00 price objective on shares of Home Depot in a research note on Tuesday, August 18th. Eighteen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $375.54.

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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