Janney Montgomery Scott LLC Has $155.38 Million Position in The Home Depot, Inc. $HD

Janney Montgomery Scott LLC lifted its stake in shares of The Home Depot, Inc. (NYSE:HD) by 3.6% during the fourth quarter, Holdings Channel reports. The fund owned 451,541 shares of the home improvement retailer’s stock after buying an additional 15,593 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Home Depot were worth $155,376,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Paragon Private Wealth Management LLC lifted its position in shares of Home Depot by 6.8% during the 4th quarter. Paragon Private Wealth Management LLC now owns 2,784 shares of the home improvement retailer’s stock valued at $958,000 after acquiring an additional 177 shares during the period. First Dallas Securities Inc. lifted its position in shares of Home Depot by 11.2% during the 4th quarter. First Dallas Securities Inc. now owns 11,214 shares of the home improvement retailer’s stock valued at $3,859,000 after acquiring an additional 1,130 shares during the period. Outlook Wealth Advisors LLC lifted its position in shares of Home Depot by 59.8% during the 4th quarter. Outlook Wealth Advisors LLC now owns 3,955 shares of the home improvement retailer’s stock valued at $1,361,000 after acquiring an additional 1,480 shares during the period. Portfolio Design Labs LLC lifted its position in shares of Home Depot by 2.4% during the 4th quarter. Portfolio Design Labs LLC now owns 5,703 shares of the home improvement retailer’s stock valued at $1,962,000 after acquiring an additional 134 shares during the period. Finally, Strategic Advocates LLC lifted its position in shares of Home Depot by 6.2% during the 4th quarter. Strategic Advocates LLC now owns 843 shares of the home improvement retailer’s stock valued at $292,000 after acquiring an additional 49 shares during the period. Institutional investors and hedge funds own 70.86% of the company’s stock.

More Home Depot News

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

• Positive Sentiment: Analysts and commentators are highlighting Home Depot as a high-quality long-term compounder with a strong competitive moat, which can support buying interest on weakness. Home Depot’s Expansion Play: Building Scale or Growth Story?
• Positive Sentiment: Coverage is focused on Home Depot’s Pro expansion strategy, including recent acquisitions such as Mingledorff’s, SRS, and GMS, which could deepen its contractor/logistics platform and expand cross-selling opportunities. Home Depot’s Expansion Play: Building Scale or Growth Story?
• Positive Sentiment: Jim Cramer said Home Depot looks like “a good level,” which may encourage dip-buying from retail investors and traders. Jim Cramer on Home Depot: “I Think That This Is a Good Level”
• Positive Sentiment: Home Depot continues to draw “buy” and “outperform” calls from Wall Street, reinforcing confidence in the stock’s longer-term earnings power. Home Depot shares jump 3.2% as investors weigh recent legal win, Pro-expansion updates, and a broader risk-on tape
• Positive Sentiment: Recent reporting also points to a legal win that may reduce liability risk, while broader market rotation into non-tech names is benefiting retailers like Home Depot. Home Depot shares jump 3.2% as investors weigh recent legal win, Pro-expansion updates, and a broader risk-on tape
• Neutral Sentiment: Several articles are more promotional or commentary-driven than fundamentally new, so they may be adding to investor optimism without changing the core business outlook. My Favorite S&P 500 Stock to Buy During the Dip
• Negative Sentiment: Some recent coverage notes that cyclical economic pressures have hurt Home Depot’s results, which remains a headwind for the stock even amid positive long-term commentary. My Favorite S&P 500 Stock to Buy During the Dip

Wall Street Analyst Weigh In

HD has been the topic of a number of research reports. Truist Financial dropped their target price on shares of Home Depot from $394.00 to $369.00 and set a “buy” rating on the stock in a research report on Tuesday, May 19th. The Goldman Sachs Group dropped their target price on shares of Home Depot from $409.00 to $390.00 and set a “buy” rating on the stock in a research report on Wednesday, May 20th. Telsey Advisory Group dropped their target price on shares of Home Depot from $435.00 to $410.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 20th. Wall Street Zen upgraded shares of Home Depot from a “sell” rating to a “hold” rating in a research report on Tuesday, June 2nd. Finally, Gordon Haskett dropped their target price on shares of Home Depot from $330.00 to $320.00 and set a “hold” rating on the stock in a research report on Tuesday, May 19th. Nineteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Home Depot has a consensus rating of “Moderate Buy” and a consensus target price of $371.36.

Home Depot Stock Performance

HD opened at $319.80 on Thursday. The company has a current ratio of 1.04, a quick ratio of 0.28 and a debt-to-equity ratio of 3.23. The company’s fifty day moving average price is $322.51 and its two-hundred day moving average price is $347.29. The Home Depot, Inc. has a 1-year low of $289.10 and a 1-year high of $426.75. The company has a market cap of $318.88 billion, a price-to-earnings ratio of 22.71, a PEG ratio of 3.71 and a beta of 0.97.

Home Depot (NYSE:HD) last released its quarterly earnings data on Tuesday, May 19th. The home improvement retailer reported $3.43 earnings per share for the quarter, topping the consensus estimate of $3.41 by $0.02. Home Depot had a net margin of 8.41% and a return on equity of 117.24%. The firm had revenue of $41.77 billion for the quarter, compared to the consensus estimate of $41.59 billion. During the same quarter in the prior year, the company posted $3.56 earnings per share. The business’s revenue was up 4.8% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, analysts expect that The Home Depot, Inc. will post 15.01 EPS for the current fiscal year.

Home Depot Announces Dividend

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

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.