The Home Depot, Inc. $HD Shares Acquired by Czech National Bank

Key Points

• Czech National Bank increased its Home Depot stake by 4.6% in the second quarter, adding 12,385 shares to own 283,508 shares valued at approximately $99.99 million.
• Institutional investors own 70.86% of Home Depot, with major holders including Vanguard, State Street, Geode Capital Management, Bank of America and Charles Schwab.
• Home Depot reported quarterly revenue of $41.77 billion, up 4.8% year over year, and EPS of $3.43, exceeding estimates. Analysts maintain a “Moderate Buy” consensus, though competitive pressures and several reduced price targets remain concerns.

Czech National Bank lifted its stake in The Home Depot, Inc. (NYSE:HD - Free Report) by 4.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 283,508 shares of the home improvement retailer's stock after buying an additional 12,385 shares during the period. Czech National Bank's holdings in Home Depot were worth $99,988,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in Home Depot by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 99,635,779 shares of the home improvement retailer's stock valued at $34,284,672,000 after acquiring an additional 1,325,748 shares in the last quarter. State Street Corp grew its holdings in shares of Home Depot by 1.8% during the fourth quarter. State Street Corp now owns 46,925,342 shares of the home improvement retailer's stock worth $16,147,010,000 after purchasing an additional 825,164 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Home Depot by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 23,756,142 shares of the home improvement retailer's stock worth $8,151,344,000 after purchasing an additional 343,153 shares in the last quarter. Bank of America Corp DE increased its position in shares of Home Depot by 1.6% during the first quarter. Bank of America Corp DE now owns 16,314,357 shares of the home improvement retailer's stock worth $5,365,629,000 after purchasing an additional 250,825 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Home Depot by 7.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 15,471,132 shares of the home improvement retailer's stock valued at $5,323,620,000 after purchasing an additional 1,113,114 shares during the last quarter. 70.86% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Home Depot

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

• Positive Sentiment: Wall Street remains broadly constructive on Home Depot (HD), with the average analyst recommendation equivalent to a Buy. Analysts remain moderately optimistic despite the stock’s recent underperformance relative to the broader market. Is Home Depot a Buy as Wall Street Analysts Look Optimistic?
• Positive Sentiment: The company’s latest quarterly results provided fundamental support: Home Depot exceeded consensus estimates for both earnings and revenue, while sales increased 4.8% year over year. Management also issued fiscal 2026 earnings guidance, giving investors a framework for future performance. Why Did Home Depot Feature Amid a Firm Earnings Backdrop?
• Positive Sentiment: Home Depot is consolidating its technology teams under its new executive vice president and chief technology officer. The restructuring is intended to accelerate technology innovation, potentially improving operational efficiency, digital capabilities and customer engagement over time. Home Depot Reshuffles Leadership to Accelerate Tech Innovation
• Neutral Sentiment: Recent coverage has placed HD in focus as investors assess the broader retail backdrop and changing sentiment toward home-related spending. The articles offer context for the stock’s movement but do not identify a major change to Home Depot’s earnings outlook. Home Depot Stock Moves as Home Retail Tone Shifts
• Negative Sentiment: Investors are also focusing on a new competitive threat to Home Depot. Intensifying competition from home-improvement and big-box retailers could pressure market share, pricing and customer traffic, weighing on sentiment despite the company’s solid recent results. Home Depot Stock Slips as It Faces New Competitive Threat

Home Depot Stock Performance

Shares of HD stock opened at $349.41 on Friday. The stock has a market capitalization of $348.40 billion, a PE ratio of 24.82, a price-to-earnings-growth ratio of 4.08 and a beta of 0.95. The Home Depot, Inc. has a 52-week low of $289.10 and a 52-week high of $426.75. The stock's 50-day moving average price is $334.99 and its 200 day moving average price is $343.00. The company has a quick ratio of 0.28, a current ratio of 1.04 and a debt-to-equity ratio of 3.23.

Home Depot (NYSE:HD - Get Free Report) last posted its quarterly earnings data on Tuesday, May 19th. The home improvement retailer reported $3.43 EPS for the quarter, beating the consensus estimate of $3.41 by $0.02. Home Depot had a return on equity of 117.24% and a net margin of 8.41%.The firm had revenue of $41.77 billion during the quarter, compared to the consensus estimate of $41.59 billion. During the same period in the prior year, the business earned $3.56 EPS. The firm's revenue was up 4.8% compared to the same quarter last year. 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 EPS for the current year.

Home Depot Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were paid a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Thursday, June 4th. Home Depot's dividend payout ratio is 66.19%.

Analyst Ratings Changes

HD has been the subject of a number of research analyst reports. Stifel Nicolaus decreased their target price on Home Depot from $375.00 to $320.00 and set a "hold" rating for the company in a research report on Monday, May 18th. UBS Group cut their price target on Home Depot from $450.00 to $430.00 and set a "buy" rating on the stock in a research report on Wednesday, May 20th. Guggenheim reaffirmed a "buy" rating and set a $425.00 price target on shares of Home Depot in a research report on Monday, July 20th. Wall Street Zen upgraded Home Depot from a "sell" rating to a "hold" rating in a research note on Tuesday, June 2nd. Finally, Robert W. Baird decreased their price objective on Home Depot from $430.00 to $380.00 and set an "outperform" rating for the company in a report on Wednesday, May 20th. Eighteen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $371.71.

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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