The Home Depot, Inc. $HD Shares Sold by Deutsche Bank AG

Deutsche Bank AG decreased its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 16.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,597,504 shares of the home improvement retailer’s stock after selling 685,802 shares during the quarter. Deutsche Bank AG’s holdings in Home Depot were worth $1,237,901,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of HD. Parvin Asset Management LLC raised its stake in Home Depot by 110.0% during the third quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock worth $26,000 after acquiring an additional 33 shares during the period. Key Capital Management INC acquired a new stake in Home Depot during the fourth quarter worth about $28,000. Financially Speaking Inc acquired a new stake in Home Depot during the third quarter worth about $31,000. Navalign LLC acquired a new stake in Home Depot during the fourth quarter worth about $31,000. Finally, Disciplined Equity Management Inc. bought a new position in Home Depot in the 4th quarter worth about $34,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Oppenheimer decreased their target price on shares of Home Depot from $405.00 to $310.00 and set a “market perform” rating for the company in a research report on Monday, May 18th. Evercore decreased their target price on shares of Home Depot from $415.00 to $400.00 and set an “outperform” rating for the company in a research report on Wednesday, May 20th. Gordon Haskett decreased their target price on shares of Home Depot from $330.00 to $320.00 and set a “hold” rating for the company in a research report on Tuesday, May 19th. Wells Fargo & Company decreased their target price on shares of Home Depot from $375.00 to $360.00 and set an “overweight” rating for the company in a research report on Wednesday, May 20th. Finally, TD Cowen decreased their target price on shares of Home Depot from $450.00 to $375.00 and set a “buy” rating for the company in a research report on Wednesday, May 20th. Nineteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Home Depot currently has a consensus rating of “Moderate Buy” and a consensus price target of $371.36.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: Home Depot shares are getting a lift from a reported legal win in Texas that may reduce liability risk tied to an independent-contractor shipping dispute, which investors see as a small but welcome reduction in legal overhang. Article Title
• Positive Sentiment: Investors are also encouraged by Home Depot’s Pro growth strategy, including continued expansion of SRS Distribution and its recent HVAC acquisition, which supports the company’s push into higher-growth trade categories. Article Title
• Positive Sentiment: Recent commentary continues to frame HD as a potential dip-buy, with analysts pointing to its strong franchise and long-term positioning despite a weak housing backdrop. Article Title
• Neutral Sentiment: Home Depot’s recent quarterly results were solid, with revenue up 4.8% year over year and earnings slightly ahead of expectations, but management’s outlook still reflects a challenging housing environment.
• Negative Sentiment: Broader concerns about valuation and softer big-ticket remodeling demand remain a headwind, which could limit upside if housing activity stays sluggish. Article Title

Home Depot Stock Up 3.7%

HD stock opened at $321.26 on Wednesday. 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 cap of $320.33 billion, a PE ratio of 22.82, a P/E/G ratio of 3.57 and a beta of 0.97. The firm has a 50 day simple moving average of $322.58 and a 200 day simple moving average of $347.38. The company has a debt-to-equity ratio of 3.23, a current ratio of 1.04 and a quick ratio of 0.28.

Home Depot (NYSE:HD) last released its earnings results on Tuesday, May 19th. The home improvement retailer reported $3.43 EPS for the quarter, beating 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 business had revenue of $41.77 billion during the quarter, compared to analyst estimates of $41.59 billion. During the same period in the prior year, the business earned $3.56 earnings per share. The business’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. Equities research analysts forecast that The Home Depot, Inc. will post 15.01 earnings per share for the current fiscal year.

Home Depot Dividend Announcement

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