The Home Depot, Inc. $HD Stake Cut by Bryn Mawr Trust Advisors LLC

Bryn Mawr Trust Advisors LLC cut its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 4.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 43,224 shares of the home improvement retailer’s stock after selling 2,036 shares during the quarter. Bryn Mawr Trust Advisors LLC’s holdings in Home Depot were worth $14,216,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Gator Capital Management LLC acquired a new stake in shares of Home Depot in the fourth quarter worth about $3,693,000. King Luther Capital Management Corp increased its holdings in shares of Home Depot by 0.6% during the 4th quarter. King Luther Capital Management Corp now owns 1,240,478 shares of the home improvement retailer’s stock valued at $426,848,000 after acquiring an additional 7,180 shares during the last quarter. Carnegie Investment Counsel increased its holdings in shares of Home Depot by 24.8% during the 4th quarter. Carnegie Investment Counsel now owns 108,306 shares of the home improvement retailer’s stock valued at $37,268,000 after acquiring an additional 21,545 shares during the last quarter. Savvy Advisors Inc. raised its stake 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 valued at $6,703,000 after acquiring an additional 5,152 shares in the last quarter. Finally, Mariner LLC raised its stake in shares of Home Depot by 3.7% in the 3rd quarter. Mariner LLC now owns 1,136,584 shares of the home improvement retailer’s stock valued at $460,544,000 after acquiring an additional 40,693 shares in the last quarter. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on HD. Guggenheim reaffirmed a “buy” rating on shares of Home Depot in a research report on Monday, June 29th. Weiss Ratings raised shares of Home Depot from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, July 7th. Royal Bank Of Canada reduced their price objective on shares of Home Depot from $377.00 to $340.00 and set a “sector perform” rating for the company in a research note on Wednesday, May 20th. DA Davidson decreased their price objective on shares of Home Depot from $445.00 to $377.00 and set a “buy” rating for the company in a report on Tuesday, May 19th. Finally, Argus lowered their target price on shares of Home Depot from $425.00 to $400.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. Eighteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $371.71.

Home Depot Trading Down 1.8%

Home Depot stock opened at $337.26 on Tuesday. The business has a 50 day moving average price of $325.21 and a two-hundred day moving average price of $345.40. The company has a quick ratio of 0.28, a current ratio of 1.04 and a debt-to-equity ratio of 3.23. The Home Depot, Inc. has a 12 month low of $289.10 and a 12 month high of $426.75. The stock has a market cap of $336.28 billion, a price-to-earnings ratio of 23.95, a price-to-earnings-growth ratio of 3.96 and a beta of 0.95.

Home Depot (NYSE:HD) last announced 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. The company had revenue of $41.77 billion for the quarter, compared to analyst estimates of $41.59 billion. Home Depot had a return on equity of 117.24% and a net margin of 8.41%.Home Depot’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter last year, the firm earned $3.56 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, equities analysts forecast that The Home Depot, Inc. will post 15.01 EPS for the current year.

Home Depot Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were given a $2.33 dividend. This represents a $9.32 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Thursday, June 4th. Home Depot’s dividend payout ratio (DPR) is 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.