PFA Pension Forsikringsaktieselskab Makes New Investment in The Home Depot, Inc. $HD

Key Points

• PFA Pension Forsikringsaktieselskab purchased a new position of 497,833 Home Depot shares valued at approximately $172,424,000, representing about 0.05% of the company.
• Home Depot beat Q results with EPS of $2.72 (vs. $2.52 est.) and revenue of $38.20B (vs. $38.01B), set FY 2026 guidance of 14.230–14.799 EPS, and carries a consensus Moderate Buy from analysts with an average price target of $414.17 (20 Buys, 12 Holds, 1 Sell).
• The company raised its quarterly dividend to $2.33 (annualized $9.32) for a 2.9% yield, while insiders own just 0.08% of stock and CFO Richard V. McPhail sold 2,550 shares for about $940,669.

PFA Pension Forsikringsaktieselskab purchased a new position in shares of The Home Depot, Inc. (NYSE:HD - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 497,833 shares of the home improvement retailer's stock, valued at approximately $172,424,000. PFA Pension Forsikringsaktieselskab owned approximately 0.05% of Home Depot as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Acorn Creek Capital LLC grew its holdings in Home Depot by 28.3% during the 4th quarter. Acorn Creek Capital LLC now owns 1,064 shares of the home improvement retailer's stock worth $366,000 after acquiring an additional 235 shares in the last quarter. CapWealth Advisors LLC grew its holdings in Home Depot by 5.8% during the 4th quarter. CapWealth Advisors LLC now owns 27,399 shares of the home improvement retailer's stock worth $9,428,000 after acquiring an additional 1,502 shares in the last quarter. Robertson Stephens Wealth Management LLC boosted its holdings in shares of Home Depot by 15.3% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 21,891 shares of the home improvement retailer's stock valued at $7,533,000 after buying an additional 2,910 shares in the last quarter. New England Capital Financial Advisors LLC boosted its holdings in shares of Home Depot by 3.0% in the 4th quarter. New England Capital Financial Advisors LLC now owns 1,222 shares of the home improvement retailer's stock valued at $421,000 after buying an additional 36 shares in the last quarter. Finally, Verus Financial Partners Inc. boosted its holdings in shares of Home Depot by 15.1% in the 4th quarter. Verus Financial Partners Inc. now owns 1,143 shares of the home improvement retailer's stock valued at $393,000 after buying an additional 150 shares in the last quarter. Institutional investors and hedge funds own 70.86% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on HD. Citigroup upped their target price on shares of Home Depot from $407.00 to $450.00 and gave the company a "buy" rating in a report on Thursday, February 12th. The Goldman Sachs Group lowered their target price on shares of Home Depot from $413.00 to $409.00 in a report on Wednesday, February 25th. KeyCorp restated a "sector weight" rating on shares of Home Depot in a report on Wednesday, February 25th. DA Davidson upped their target price on shares of Home Depot from $407.00 to $445.00 and gave the company a "buy" rating in a report on Tuesday, February 24th. Finally, TD Cowen restated a "buy" rating on shares of Home Depot in a report on Thursday, March 12th. Twenty investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, Home Depot currently has a consensus rating of "Moderate Buy" and an average price target of $414.17.

Home Depot Stock Down 1.4%

Shares of NYSE:HD opened at $324.22 on Friday. The stock has a market cap of $322.93 billion, a P/E ratio of 22.78, a P/E/G ratio of 3.59 and a beta of 1.09. The firm has a fifty day moving average price of $343.27 and a 200 day moving average price of $359.36. The company has a debt-to-equity ratio of 3.62, a current ratio of 1.06 and a quick ratio of 0.26. The Home Depot, Inc. has a 1-year low of $315.31 and a 1-year high of $426.75.

Home Depot (NYSE:HD - Get Free Report) last issued its quarterly earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, topping analysts' consensus estimates of $2.52 by $0.20. The firm had revenue of $38.20 billion during 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%. Home Depot's quarterly revenue was down 3.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Sell-side analysts predict that The Home Depot, Inc. will post 15.03 EPS for the current year.

Home Depot Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were paid a dividend of $2.33 per share. The ex-dividend date was Thursday, March 12th. This represents a $9.32 dividend on an annualized basis and a yield of 2.9%. This is an increase from Home Depot's previous quarterly dividend of $2.30. Home Depot's dividend payout ratio (DPR) is currently 65.50%.

Insiders Place Their Bets

In related news, CFO Richard V. Mcphail sold 2,550 shares of the stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $368.89, for a total transaction of $940,669.50. Following the completion of the sale, the chief financial officer owned 44,566 shares in the company, valued at $16,439,951.74. This represents a 5.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.08% of the stock is currently owned by corporate insiders.

Home Depot Company 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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