Pavion Blue Capital LLC Buys 4,108 Shares of The Home Depot, Inc. $HD

Pavion Blue Capital LLC bought a new position in shares of The Home Depot, Inc. (NYSE:HD) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,108 shares of the home improvement retailer’s stock, valued at approximately $1,169,000.

Several other institutional investors also recently bought and sold shares of HD. Zeit Capital LLC bought a new stake in shares of Home Depot during the 2nd quarter worth about $26,000. Principia Wealth Advisory LLC increased its holdings in shares of Home Depot by 60.4% during the 2nd quarter. Principia Wealth Advisory LLC now owns 85 shares of the home improvement retailer’s stock valued at $30,000 after acquiring an additional 32 shares during the last quarter. Navigoe LLC acquired a new position in shares of Home Depot during the 2nd quarter valued at about $32,000. Gould Capital LLC increased its holdings in shares of Home Depot by 58.7% during the 1st quarter. Gould Capital LLC now owns 100 shares of the home improvement retailer’s stock valued at $33,000 after acquiring an additional 37 shares during the last quarter. Finally, Next Level Wealth Planning LLC acquired a new position in shares of Home Depot during the 3rd quarter valued at about $28,000. 70.86% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Home Depot news, EVP Michael Rowe sold 710 shares of the firm’s stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $336.76, for a total value of $239,099.60. Following the sale, the executive vice president owned 6,838 shares of the company’s stock, valued at $2,302,764.88. This trade represents a 9.41% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CAO Kimberly Scardino sold 675 shares of the firm’s stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $305.95, for a total value of $206,516.25. Following the completion of the sale, the chief accounting officer directly owned 8,189 shares in the company, valued at $2,505,424.55. This trade represents a 7.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 9,829 shares of company stock worth $3,339,314 in the last 90 days. 0.08% of the stock is owned by company insiders.

Home Depot Stock Up 0.1%

HD stock opened at $351.36 on Thursday. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.08 and a quick ratio of 0.31. The Home Depot, Inc. has a 52-week low of $277.15 and a 52-week high of $397.63. The company has a 50-day moving average of $310.98 and a two-hundred day moving average of $333.61. The stock has a market capitalization of $350.55 billion, a price-to-earnings ratio of 24.59, a price-to-earnings-growth ratio of 2.50 and a beta of 0.93.

Home Depot (NYSE:HD) last issued its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.73 by $0.19. The company had revenue of $47.86 billion for the quarter, compared to the consensus estimate of $47.24 billion. Home Depot had a return on equity of 106.42% and a net margin of 8.41%. The firm’s revenue was up 5.7% compared to the same quarter last year. During the same period last year, the business posted $4.68 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, equities research analysts anticipate that The Home Depot, Inc. will post 15.01 EPS for the current year.

Home Depot Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Investors of record on Thursday, September 3rd were paid a dividend of $2.33 per share. The ex-dividend date was Thursday, September 3rd. This represents a $9.32 annualized dividend and a yield of 2.7%. Home Depot’s dividend payout ratio is presently 65.22%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on HD shares. KeyCorp reissued a “sector weight” rating on shares of Home Depot in a research note on Wednesday, August 19th. Truist Financial upped their target price on Home Depot from $369.00 to $373.00 and gave the stock a “buy” rating in a research report on Wednesday, August 19th. Sanford C. Bernstein increased their price target on Home Depot from $344.00 to $357.00 and gave the company a “market perform” rating in a report on Tuesday. Melius Research set a $397.00 price target on Home Depot in a report on Tuesday, October 6th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Home Depot from $396.00 to $400.00 and gave the company an “overweight” rating in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $375.90.

Key Stories Impacting Home Depot

Investors following HD have been watching these stories:

• Positive Sentiment: Recent comparable-sales growth of 1.7%, strong professional-customer demand and digital gains point to resilience despite uneven demand. Wall Street is also expecting earnings growth, with one preview citing factors that could support an earnings beat. Can Home Depot Sustain Comparable Sales Growth Amid Uneven Demand? Home Depot Reports Next Week: Wall Street Expects Earnings Growth
• Negative Sentiment: Elevated mortgage rates, sluggish housing activity and weak customer transactions cloud the sales outlook; an earnings analysis argues transactions need to turn positive to sustain the investment case. Comparable-sales outlook Home Depot: Hold Into Q3 Earnings, Transactions Must Turn Positive
• Negative Sentiment: HD is facing technical pressure ahead of earnings, which could weigh on the shares in the near term, particularly if results or guidance disappoint. Home Depot Stock Running into Technical Pressure Before Earnings

Home Depot Profile

The Home Depot, Inc. is a home improvement retailer serving do-it-yourself customers, professional contractors and other businesses. The company sells building materials, tools, hardware, appliances, paint, flooring, and products for home maintenance, repair and renovation, as well as lawn and garden supplies. In addition to its retail stores and online channels, Home Depot offers services such as product delivery, equipment rental and home improvement installation. The company was founded in 1978 and is headquartered in Atlanta, Georgia.