Fidelis Capital Partners LLC Has $4.49 Million Stock Holdings in The Home Depot, Inc. (NYSE:HD)

Fidelis Capital Partners LLC increased its holdings in The Home Depot, Inc. (NYSE:HD - Free Report) by 14.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,546 shares of the home improvement retailer's stock after purchasing an additional 1,554 shares during the quarter. Fidelis Capital Partners LLC's holdings in Home Depot were worth $4,486,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Joseph Group Capital Management grew its position in Home Depot by 10.4% in the first quarter. Joseph Group Capital Management now owns 13,281 shares of the home improvement retailer's stock worth $4,867,000 after buying an additional 1,255 shares during the last quarter. Bosman Wealth Management LLC acquired a new position in Home Depot in the first quarter worth approximately $207,000. Bernardo Wealth Planning LLC grew its position in Home Depot by 7.7% in the first quarter. Bernardo Wealth Planning LLC now owns 770 shares of the home improvement retailer's stock worth $282,000 after buying an additional 55 shares during the last quarter. Cerity Partners LLC grew its position in Home Depot by 15.6% in the first quarter. Cerity Partners LLC now owns 726,317 shares of the home improvement retailer's stock worth $266,188,000 after buying an additional 97,966 shares during the last quarter. Finally, Phillips Financial Management LLC grew its position in Home Depot by 4.1% during the 1st quarter. Phillips Financial Management LLC now owns 1,266 shares of the home improvement retailer's stock worth $464,000 after purchasing an additional 50 shares in the last quarter. 70.86% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Home Depot news, EVP Fahim Siddiqui sold 2,600 shares of the firm's stock in a transaction that occurred on Thursday, May 22nd. The shares were sold at an average price of $367.14, for a total value of $954,564.00. Following the transaction, the executive vice president directly owned 7,951 shares of the company's stock, valued at approximately $2,919,130.14. This trade represents a 24.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Teresa Wynn Roseborough sold 5,406 shares of the stock in a transaction on Wednesday, May 28th. The stock was sold at an average price of $369.28, for a total transaction of $1,996,327.68. Following the completion of the sale, the executive vice president owned 17,367 shares in the company, valued at approximately $6,413,285.76. This trade represents a 23.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.10% of the stock is currently owned by company insiders.

Home Depot Price Performance

Shares of HD traded down $3.15 during mid-day trading on Friday, hitting $370.15. 3,068,031 shares of the company traded hands, compared to its average volume of 3,436,129. The Home Depot, Inc. has a one year low of $326.31 and a one year high of $439.37. The company has a current ratio of 1.09, a quick ratio of 0.28 and a debt-to-equity ratio of 5.95. The business has a 50-day moving average of $366.03 and a 200 day moving average of $375.75. The stock has a market capitalization of $368.27 billion, a price-to-earnings ratio of 25.11, a PEG ratio of 3.55 and a beta of 1.00.

Home Depot (NYSE:HD - Get Free Report) last released its quarterly earnings results on Tuesday, May 20th. The home improvement retailer reported $3.56 EPS for the quarter, missing the consensus estimate of $3.59 by ($0.03). Home Depot had a net margin of 8.98% and a return on equity of 242.51%. The company had revenue of $39.86 billion for the quarter, compared to the consensus estimate of $39.24 billion. During the same period last year, the company earned $3.63 earnings per share. Home Depot's revenue for the quarter was up 9.4% compared to the same quarter last year. As a group, equities analysts expect that The Home Depot, Inc. will post 15.13 earnings per share for the current fiscal year.

Home Depot Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 18th. Shareholders of record on Thursday, June 5th were paid a $2.30 dividend. The ex-dividend date was Thursday, June 5th. This represents a $9.20 dividend on an annualized basis and a yield of 2.49%. Home Depot's payout ratio is presently 62.42%.

Analysts Set New Price Targets

HD has been the subject of several analyst reports. JPMorgan Chase & Co. lifted their price objective on shares of Home Depot from $410.00 to $418.00 and gave the company an "overweight" rating in a research note on Wednesday, May 21st. Mizuho reduced their price objective on shares of Home Depot from $450.00 to $435.00 and set an "outperform" rating for the company in a research note on Wednesday, May 21st. Wells Fargo & Company set a $420.00 target price on shares of Home Depot and gave the stock an "overweight" rating in a research report on Monday, June 30th. TD Securities lowered shares of Home Depot to a "buy" rating in a research report on Monday, June 2nd. Finally, Evercore ISI set a $400.00 price objective on shares of Home Depot and gave the company an "outperform" rating in a research report on Thursday, May 22nd. Seven investment analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $426.77.

Home Depot Company Profile

The Home Depot, Inc operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.