The Home Depot, Inc. $HD Shares Sold by HORAN Wealth LLC

Key Points

• HORAN Wealth LLC cut its Home Depot position by 47.5% in the second quarter, selling 13,175 shares and retaining 14,579 shares valued at approximately $5.14 million. Institutional investors collectively own 70.86% of the company.
• Home Depot reported quarterly earnings of $4.92 per share, exceeding the $4.73 analyst consensus, while revenue rose 5.7% year over year to $47.86 billion. The company provided fiscal 2026 EPS guidance of $14.690 to $15.278.
• The retailer declared a quarterly dividend of $2.33 per share, equivalent to a 3.0% yield, while analysts maintained a “Moderate Buy” consensus with an average price target of $375.54.

HORAN Wealth LLC reduced its position in shares of The Home Depot, Inc. (NYSE:HD - Free Report) by 47.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,579 shares of the home improvement retailer's stock after selling 13,175 shares during the period. HORAN Wealth LLC's holdings in Home Depot were worth $5,142,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Curio Wealth LLC grew its holdings in shares of Home Depot by 13.5% in the fourth quarter. Curio Wealth LLC now owns 218 shares of the home improvement retailer's stock valued at $76,000 after purchasing an additional 26 shares in the last quarter. Moneco Advisors LLC grew its stake in shares of Home Depot by 0.3% in the fourth quarter. Moneco Advisors LLC now owns 8,743 shares of the home improvement retailer's stock worth $3,008,000 after acquiring an additional 27 shares in the last quarter. Noesis Capital Mangement Corp grew its stake in shares of Home Depot by 1.5% in the fourth quarter. Noesis Capital Mangement Corp now owns 1,770 shares of the home improvement retailer's stock worth $609,000 after acquiring an additional 27 shares in the last quarter. Eubel Brady & Suttman Asset Management Inc. increased its position in shares of Home Depot by 1.3% during the fourth quarter. Eubel Brady & Suttman Asset Management Inc. now owns 2,130 shares of the home improvement retailer's stock worth $733,000 after acquiring an additional 27 shares during the period. Finally, Mill Capital Management LLC increased its position in shares of Home Depot by 0.4% during the fourth quarter. Mill Capital Management LLC now owns 7,377 shares of the home improvement retailer's stock worth $2,538,000 after acquiring an additional 27 shares during the period. Hedge funds and other institutional investors own 70.86% of the company's stock.

Home Depot Stock Performance

Shares of HD opened at $313.58 on Wednesday. The company has a market capitalization of $312.86 billion, a price-to-earnings ratio of 21.94, a price-to-earnings-growth ratio of 3.53 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 company has a quick ratio of 0.31, a current ratio of 1.08 and a debt-to-equity ratio of 2.64. The stock has a 50 day moving average price of $337.98 and a 200 day moving average price of $335.09.

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

Home Depot Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be issued a dividend of $2.33 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $9.32 annualized dividend and a dividend yield of 3.0%. Home Depot's dividend payout ratio (DPR) is presently 65.22%.

Analyst Ratings Changes

HD has been the subject of a number of recent research reports. Citigroup decreased their target price on Home Depot from $450.00 to $400.00 and set a "buy" rating for the company in a report on Tuesday, May 12th. Wolfe Research lowered Home Depot from an "outperform" rating to a "peer perform" rating in a research report on Tuesday, June 23rd. Oppenheimer decreased their price objective on Home Depot from $405.00 to $310.00 and set a "market perform" rating for the company in a research note on Monday, May 18th. Wells Fargo & Company boosted their price objective on Home Depot from $360.00 to $400.00 and gave the stock an "overweight" rating in a research report on Tuesday, August 11th. Finally, Morgan Stanley cut their target price on shares of Home Depot from $420.00 to $400.00 and set an "overweight" rating on the stock in a research note on Wednesday, May 20th. Eighteen analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $375.54.

Insider Transactions at Home Depot

In other news, CFO Richard McPhail sold 5,989 shares of the business's stock in a transaction dated Wednesday, August 19th. The stock was 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 directly owned 48,104 shares of the company's stock, valued at approximately $16,759,433.60. The trade was a 11.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Michael Rowe sold 710 shares of the company's stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $336.76, for a total value of $239,099.60. Following the completion of the sale, the executive vice president directly owned 6,838 shares of the company's stock, valued at approximately $2,302,764.88. This trade represents a 9.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 9,154 shares of company stock worth $3,132,798. Corporate insiders own 0.08% of the company's stock.

About Home Depot

The Home Depot, Inc is a home improvement retailer that sells building materials, appliances, decor, hardware, tools, paint, lawn and garden products, and related merchandise. The company serves do-it-yourself customers, professional contractors, homebuilders, and other commercial customers through its retail stores and digital platforms.

Home Depot also provides services such as equipment and tool rental, delivery, installation, and project support. Its professional-focused offerings include job-lot quantities, specialized products, credit services, and account support designed for contractors and other trade customers.

Founded in 1978 by Bernie Marcus, Arthur Blank, Ken Langone, and Pat Farrah, the company is headquartered in Atlanta, Georgia.

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