Public Employees Retirement System of Ohio Grows Stake in The Home Depot, Inc. $HD

Public Employees Retirement System of Ohio lifted its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 0.5% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 402,454 shares of the home improvement retailer’s stock after acquiring an additional 1,886 shares during the period. Public Employees Retirement System of Ohio’s holdings in Home Depot were worth $132,363,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of Home Depot by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 99,635,779 shares of the home improvement retailer’s stock valued at $34,284,672,000 after buying an additional 1,325,748 shares in the last quarter. State Street Corp raised its stake in Home Depot by 1.8% during the 4th quarter. State Street Corp now owns 46,925,342 shares of the home improvement retailer’s stock worth $16,147,010,000 after acquiring an additional 825,164 shares in the last quarter. Geode Capital Management LLC raised its stake in Home Depot by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 23,756,142 shares of the home improvement retailer’s stock worth $8,151,344,000 after acquiring an additional 343,153 shares in the last quarter. Bank of America Corp DE lifted its position in Home Depot by 5.6% in the fourth quarter. Bank of America Corp DE now owns 16,063,532 shares of the home improvement retailer’s stock valued at $5,527,461,000 after acquiring an additional 851,029 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in Home Depot by 7.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 15,471,132 shares of the home improvement retailer’s stock valued at $5,323,620,000 after acquiring an additional 1,113,114 shares during the last quarter. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Trending Headlines about Home Depot

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

• Positive Sentiment: Home Depot launched its 2026 Halloween collection with upgraded Skelly animatronics and broader seasonal merchandise, a move that could help drive customer traffic and sales during a key retail period. Home Depot (HD) Launches 2026 Halloween Collection With Upgraded Skelly Animatronics
• Positive Sentiment: Bernstein reportedly reiterated a positive stance on Home Depot, and Guggenheim also upgraded the stock to Buy, suggesting some analysts still see value in the shares. Home Depot (HD) Gets a Hold from Bernstein Home Depot (NYSE:HD) Earns “Buy” Rating from Guggenheim
• Neutral Sentiment: Analysts are expecting only modest year-over-year EPS growth when Home Depot reports next month, keeping expectations relatively subdued ahead of earnings. Earnings Preview: What To Expect From The Home Depot’s Report
• Negative Sentiment: Weak housing-market conditions are slowing big-ticket last-mile delivery and signaling softer demand tied to fewer home transactions, which is a headwind for Home Depot’s core business. Weak housing market hurts big and bulky last-mile delivery
• Negative Sentiment: Home Depot was reported to be falling more than the broader market, reinforcing that investors are reacting negatively to the housing slowdown and near-term growth concerns. Home Depot (HD) Falls More Steeply Than Broader Market: What Investors Need to Know

Home Depot Stock Down 1.9%

Shares of NYSE:HD opened at $325.17 on Friday. The Home Depot, Inc. has a 1-year low of $289.10 and a 1-year high of $426.75. 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 stock has a market cap of $324.23 billion, a P/E ratio of 23.09, a P/E/G ratio of 3.83 and a beta of 0.95. The firm has a fifty day moving average price of $328.81 and a 200 day moving average price of $344.81.

Home Depot (NYSE:HD) last posted its quarterly earnings data on Tuesday, May 19th. The home improvement retailer reported $3.43 EPS for the quarter, beating analysts’ consensus estimates of $3.41 by $0.02. Home Depot had a net margin of 8.41% and a return on equity of 117.24%. The company had revenue of $41.77 billion for the quarter, compared to analyst estimates of $41.59 billion. During the same period in the previous year, the business posted $3.56 earnings per share. Home Depot’s quarterly 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. Sell-side analysts predict that The Home Depot, Inc. will post 15.01 EPS for the current year.

Home Depot Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were issued a dividend of $2.33 per share. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.9%. Home Depot’s dividend payout ratio (DPR) is currently 66.19%.

Wall Street Analyst Weigh In

HD has been the subject of several research analyst reports. Morgan Stanley decreased their price objective on shares of Home Depot from $420.00 to $400.00 and set an “overweight” rating for the company in a research note on Wednesday, May 20th. Argus reduced their target price on Home Depot from $425.00 to $400.00 and set a “buy” rating for the company in a report on Thursday, May 21st. Mizuho decreased their target price on Home Depot from $415.00 to $385.00 and set an “outperform” rating for the company in a research report on Wednesday, May 20th. Robert W. Baird decreased their target price on Home Depot from $430.00 to $380.00 and set an “outperform” rating for the company in a research report on Wednesday, May 20th. Finally, Truist Financial dropped their price target on Home Depot from $394.00 to $369.00 and set a “buy” rating on the stock in a research note on Tuesday, May 19th. Eighteen analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Home Depot presently has a consensus rating of “Moderate Buy” and a consensus target price of $371.71.

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.