The Home Depot, Inc. $HD Shares Sold by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Key Points

• Institutional ownership remained heavy in Home Depot, with the Commonwealth of Pennsylvania Public School Empls Retrmt SYS trimming its stake by 3.1% after selling 7,386 shares. Even after the sale, the fund still held 231,533 shares valued at about $79.7 million.
• Analysts are mixed but generally positive on HD, with 20 Buy ratings, 12 Hold ratings, and 1 Sell rating, plus a consensus rating of “Moderate Buy.” However, several firms recently lowered price targets, and the average target now sits at $371.39.
• Home Depot beat quarterly expectations, posting EPS of $3.43 versus the $3.41 estimate and revenue of $41.77 billion versus $41.59 billion expected. The company also declared a quarterly dividend of $2.33 per share, yielding about 2.9% annualized.

Commonwealth of Pennsylvania Public School Empls Retrmt SYS reduced its stake in The Home Depot, Inc. (NYSE:HD - Free Report) by 3.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 231,533 shares of the home improvement retailer's stock after selling 7,386 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS's holdings in Home Depot were worth $79,671,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in HD. Silphium Asset Management Ltd raised its holdings in shares of Home Depot by 77.2% in the 3rd quarter. Silphium Asset Management Ltd now owns 13,544 shares of the home improvement retailer's stock worth $5,488,000 after purchasing an additional 5,900 shares in the last quarter. Atlantic Union Bankshares Corp raised its holdings in shares of Home Depot by 59.9% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 107,438 shares of the home improvement retailer's stock worth $43,533,000 after purchasing an additional 40,232 shares in the last quarter. King Luther Capital Management Corp raised its holdings in shares of Home Depot by 0.6% in the 4th quarter. King Luther Capital Management Corp now owns 1,240,478 shares of the home improvement retailer's stock worth $426,848,000 after purchasing an additional 7,180 shares in the last quarter. Carnegie Investment Counsel raised its holdings in shares of Home Depot by 24.8% in the 4th quarter. Carnegie Investment Counsel now owns 108,306 shares of the home improvement retailer's stock worth $37,268,000 after purchasing an additional 21,545 shares in the last quarter. Finally, Savvy Advisors Inc. raised its holdings in shares of Home Depot by 36.0% in the 4th quarter. Savvy Advisors Inc. now owns 19,478 shares of the home improvement retailer's stock worth $6,703,000 after purchasing an additional 5,152 shares in the last quarter. 70.86% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently commented on HD shares. Guggenheim reiterated a "buy" rating and issued a $425.00 target price on shares of Home Depot in a report on Wednesday, May 20th. Wells Fargo & Company dropped their target price on shares of Home Depot from $375.00 to $360.00 and set an "overweight" rating on the stock in a report on Wednesday, May 20th. Argus cut their price target on shares of Home Depot from $425.00 to $400.00 and set a "buy" rating on the stock in a report on Thursday, May 21st. Telsey Advisory Group cut their price target on shares of Home Depot from $435.00 to $410.00 and set an "outperform" rating on the stock in a report on Wednesday, May 20th. Finally, HSBC cut their price target on shares of Home Depot from $392.00 to $310.00 and set a "hold" rating on the stock in a report on Wednesday, May 20th. Twenty analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $371.39.

Home Depot Stock Down 1.2%

HD stock opened at $317.41 on Friday. The firm has a market capitalization of $316.49 billion, a P/E ratio of 22.54, a P/E/G ratio of 3.66 and a beta of 1.00. 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 company's 50 day simple moving average is $324.70 and its 200-day simple moving average is $349.76. The Home Depot, Inc. has a 52-week low of $289.10 and a 52-week high of $426.75.

Home Depot (NYSE:HD - Get Free Report) last released its quarterly earnings data on Tuesday, May 19th. The home improvement retailer reported $3.43 earnings per share for the quarter, beating the consensus estimate of $3.41 by $0.02. The firm had revenue of $41.77 billion for the quarter, compared to analyst estimates of $41.59 billion. Home Depot had a net margin of 8.41% and a return on equity of 117.24%. The company's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.56 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, equities research analysts anticipate that The Home Depot, Inc. will post 15.02 EPS for the current year.

Home Depot Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be paid a $2.33 dividend. This represents a $9.32 annualized dividend and a yield of 2.9%. The ex-dividend date is Thursday, June 4th. Home Depot's dividend payout ratio is currently 66.19%.

More Home Depot News

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

• Positive Sentiment: Home Depot is expanding in-store services by partnering with KeyMe Locksmiths to offer on-site car key duplication at selected locations, a small but positive sign that the company is deepening customer traffic and broadening its service mix. Home Depot Tests On Site Car Key Service To Deepen Store Relationships
• Neutral Sentiment: Several Zacks Research updates were mixed: the firm nudged some future quarterly and annual earnings forecasts higher, but also cut other estimates and kept a Hold rating. The changes were small overall, suggesting analysts still see steady long-term earnings, but not a clear near-term catalyst. Jim Cramer on Home Depot: “I Was Honestly Bracing for the Worst Here”
• Negative Sentiment: Analysts trimmed FY2027, FY2028, FY2029, and several 2027–2028 quarterly EPS estimates for Home Depot, reinforcing worries that earnings growth may be moderating. Those revisions can weigh on the stock because they point to slower expected profitability ahead. Jim Cramer on Home Depot: “I Was Honestly Bracing for the Worst Here”
• Negative Sentiment: Jim Cramer’s comments also highlighted Home Depot as one of the market’s disappointments, with rising rates continuing to pressure big-ticket home improvement demand. That kind of sentiment can add to the stock’s weakness when investors are already cautious about consumer spending. Jim Cramer on Lowe’s: “The Company’s Doing So Much Better Than Anybody Expected”

Insiders Place Their Bets

In other Home Depot news, CFO Richard V. Mcphail sold 2,550 shares of the company's stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $368.89, for a total value of $940,669.50. Following the transaction, the chief financial officer owned 44,566 shares in the company, valued at approximately $16,439,951.74. This represents a 5.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.08% of the company's stock.

About Home Depot

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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