Vestor Capital LLC Purchases 14,631 Shares of The Home Depot, Inc. $HD

Vestor Capital LLC raised its position in The Home Depot, Inc. (NYSE:HD) by 2,348.5% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 15,254 shares of the home improvement retailer’s stock after buying an additional 14,631 shares during the quarter. Vestor Capital LLC’s holdings in Home Depot were worth $5,017,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in HD. Parvin Asset Management LLC increased its stake in shares of Home Depot by 110.0% in the 3rd quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock valued at $26,000 after purchasing an additional 33 shares during the last quarter. Advocate Investing Services LLC bought a new stake in shares of Home Depot during the 4th quarter worth $25,000. Key Capital Management INC acquired a new stake in Home Depot in the fourth quarter valued at about $28,000. Cache Advisors LLC acquired a new stake in Home Depot in the first quarter valued at about $27,000. Finally, Imprint Wealth LLC acquired a new position in Home Depot during the third quarter worth about $34,000. 70.86% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Home Depot

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

• Positive Sentiment: Organizational realignment targets growth: Home Depot announced leadership portfolio changes designed to accelerate innovation, improve its interconnected customer experience, strengthen its Pro business and capture share in a fragmented $1.2 trillion market. The strategy could support long-term sales growth, although the near-term financial impact is unclear. The Home Depot Announces Organizational Realignment to Provide a More Seamless Customer Experience, Drive Growth and Capture Market Share
• Positive Sentiment: Analyst remains bullish: DA Davidson reiterated its Buy rating on HD, providing continued support for the stock’s investment case. DA Davidson Reiterates Buy Rating for Home Depot
• Neutral Sentiment: Recent trading weakness exceeded the broader market: A market recap reported that Home Depot declined more than the overall market, without identifying a new company-specific operating problem. Home Depot Dips More Than Broader Market: What You Should Know
• Neutral Sentiment: Dividend appeal remains intact: Coverage highlighted Home Depot’s ability to generate substantial annual dividend income, which may attract income-oriented investors even as capital appreciation has been challenged. How Many Shares Home Depot Needed for $10,000 in Annual Dividends
• Negative Sentiment: Data-privacy class-action lawsuit weighs on sentiment: A newly reported lawsuit has raised potential legal and reputational risks for Home Depot, contributing to selling pressure. The financial liability and case outcome remain uncertain. A New Data Privacy Class-Action Lawsuit Sends Home Depot Stock Sliding
• Negative Sentiment: Housing-related concerns persist: Commentary pointed to Home Depot’s exposure to housing activity and its relatively thin equity position as risks, potentially limiting investor enthusiasm despite the company’s scale and dividend. World-Class Cash, Thin Equity: The Hidden Risk in Home Depot’s Housing Story

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on HD shares. Weiss Ratings upgraded shares of Home Depot from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, July 7th. Guggenheim reiterated a “buy” rating and set a $425.00 price objective on shares of Home Depot in a research report on Monday, July 20th. Bank of America began coverage on shares of Home Depot in a research report on Tuesday, May 5th. They set a “buy” rating and a $374.00 price objective for the company. Wall Street Zen raised shares of Home Depot from a “sell” rating to a “hold” rating in a research note on Tuesday, June 2nd. Finally, Piper Sandler cut their target price on shares of Home Depot from $422.00 to $421.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 20th. Eighteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $371.71.

Home Depot Stock Performance

Shares of HD stock opened at $333.44 on Friday. The business’s 50-day moving average price is $332.03 and its 200-day moving average price is $344.16. The Home Depot, Inc. has a 12 month low of $289.10 and a 12 month high of $426.75. The firm has a market capitalization of $332.48 billion, a price-to-earnings ratio of 23.68, a PEG ratio of 3.90 and a beta of 0.95. The company has a current ratio of 1.04, a quick ratio of 0.28 and a debt-to-equity ratio of 3.23.

Home Depot (NYSE:HD) last released its quarterly earnings results 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 return on equity of 117.24% and a net margin of 8.41%.The company had revenue of $41.77 billion for the quarter, compared to analysts’ expectations of $41.59 billion. During the same period in the previous year, the business posted $3.56 earnings per share. The business’s quarterly revenue was up 4.8% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Equities research analysts forecast that The Home Depot, Inc. will post 15.01 EPS for the current year.

Home Depot Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were issued a dividend of $2.33 per share. This represents a $9.32 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Thursday, June 4th. Home Depot’s payout ratio is presently 66.19%.

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.