The Home Depot, Inc. $HD Position Increased by International Assets Investment Management LLC

Key Points

• International Assets Investment Management increased its Home Depot stake by 449.6% in the third quarter, acquiring 98,167 additional shares for a total holding of 120,000 shares valued at approximately $34.1 million. Institutional investors collectively own 70.86% of the company.
• Home Depot reported quarterly revenue of $47.86 billion and earnings of $4.92 per share, beating analyst expectations, while revenue increased 5.7% year over year. The company pays a quarterly dividend of $2.33, equivalent to a 2.8% annual yield.
• Analysts maintain a generally positive outlook, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $375.31, although some cite valuation concerns and continued pressure from high interest rates and weak housing activity.

International Assets Investment Management LLC lifted its position in The Home Depot, Inc. (NYSE:HD - Free Report) by 449.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 120,000 shares of the home improvement retailer's stock after buying an additional 98,167 shares during the period. International Assets Investment Management LLC's holdings in Home Depot were worth $34,139,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of HD. Zeit Capital LLC acquired a new stake in Home Depot in the second quarter valued at approximately $26,000. Principia Wealth Advisory LLC increased its position in shares of Home Depot by 60.4% during the second quarter. Principia Wealth Advisory LLC now owns 85 shares of the home improvement retailer's stock worth $30,000 after purchasing an additional 32 shares in the last quarter. Navigoe LLC acquired a new position in shares of Home Depot during the second quarter worth $32,000. Gould Capital LLC lifted its holdings in shares of Home Depot by 58.7% during the 1st quarter. Gould Capital LLC now owns 100 shares of the home improvement retailer's stock valued at $33,000 after purchasing an additional 37 shares during the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd purchased a new stake in shares of Home Depot during the 2nd quarter valued at $37,000. Institutional investors own 70.86% of the company's stock.

Home Depot Price Performance

NYSE HD opened at $329.31 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 stock's fifty day moving average price is $308.45 and its 200 day moving average price is $334.91. The Home Depot, Inc. has a 1 year low of $277.15 and a 1 year high of $397.63. The company has a market cap of $328.55 billion, a price-to-earnings ratio of 23.04, a PEG ratio of 2.34 and a beta of 1.00.

Home Depot (NYSE:HD - Get Free Report) last issued its earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share (EPS) 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 analyst estimates of $47.24 billion. During the same quarter last year, the business posted $4.68 EPS. The firm's quarterly revenue was up 5.7% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, equities research analysts forecast that The Home Depot, Inc. will post 15.01 earnings per share for the current year.

Home Depot Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd were paid a $2.33 dividend. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Thursday, September 3rd. Home Depot's dividend payout ratio (DPR) is presently 65.22%.

Home Depot News Summary

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

• Positive Sentiment: Steady demand for smaller home-improvement projects and continued digital gains are helping sustain Home Depot’s sales growth despite pressure on larger renovations. This suggests consumers are still spending on maintenance and affordable upgrades. Are Smaller Home Projects Sustaining Home Depot's Sales Growth?
• Positive Sentiment: One analysis identifies HD as a potential long-term stock, supporting the bullish case based on the company’s scale, established brand, cash generation, and ability to benefit when housing and renovation activity recover. Why Home Depot Is a Top Stock for the Long-Term
• Positive Sentiment: Coverage of dividend-focused blue-chip investments highlights Home Depot’s long history of returning cash to shareholders. Its dividend may appeal to investors seeking income while waiting for a broader housing and remodeling recovery. $300,000 in Home Depot, IBM and McDonald's Could Pay Over $8,500 a Year
• Neutral Sentiment: A comparison with Somnigroup International asks whether SGI or HD offers better value. The article is primarily a relative-valuation discussion rather than a new company-specific catalyst, so its effect on HD is likely limited. SGI vs. HD: Which Stock Is the Better Value Option?
• Negative Sentiment: Another analysis argues that HD’s valuation may be demanding after its roughly 20% three-year gain, raising concern that the share price could already reflect much of the expected future cash flow. Home Depot Stock Looks Overvalued After Its Three-Year Run
• Negative Sentiment: Commentary on a delayed macroeconomic recovery presents HD as a potential dip-buying opportunity, but also signals that high interest rates, weaker housing activity, and postponed major renovations may continue to restrain near-term results. Home Depot: Delayed Macro Recovery Triggers Dip Buying Opportunity and Richer Yields

Insider Transactions at Home Depot

In related news, CFO Richard McPhail sold 5,989 shares of Home Depot stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total transaction 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. The trade was a 11.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Teresa Roseborough sold 2,455 shares of the company's stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $328.77, for a total value of $807,130.35. Following the completion of the sale, the executive vice president owned 14,061 shares in the company, valued at approximately $4,622,834.97. This represents a 14.86% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 9,829 shares of company stock valued at $3,339,314. 0.08% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. Mizuho raised their price objective on Home Depot from $385.00 to $390.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 19th. Sanford C. Bernstein reduced their target price on Home Depot from $354.00 to $344.00 and set a "market perform" rating on the stock in a research report on Wednesday, September 9th. DA Davidson reiterated a "buy" rating and issued a $377.00 price target on shares of Home Depot in a research note on Wednesday, August 19th. KeyCorp reissued a "sector weight" rating on shares of Home Depot in a report on Wednesday, August 19th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Home Depot in a research note on Friday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $375.31.

Home Depot Company Profile

The Home Depot, Inc is a home improvement retailer serving do-it-yourself customers, professional contractors, and other building and maintenance professionals. The company sells a broad selection of building materials, hardware, tools, appliances, paint, plumbing and electrical supplies, flooring, lighting, lawn and garden products, and home décor.

In addition to merchandise, Home Depot offers services such as product delivery, tool and equipment rental, credit services, and installation for selected products.

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