Whittier Trust Co. raised its holdings in shares of Home Depot Inc (NYSE:HD) by 1.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 77,255 shares of the home improvement retailer’s stock after acquiring an additional 1,152 shares during the quarter. Whittier Trust Co.’s holdings in Home Depot were worth $13,770,000 as of its most recent SEC filing.
A number of other large investors have also bought and sold shares of HD. Investment Partners Ltd. OH ADV increased its holdings in shares of Home Depot by 2.6% in the fourth quarter. Investment Partners Ltd. OH ADV now owns 9,867 shares of the home improvement retailer’s stock worth $1,870,000 after purchasing an additional 251 shares during the last quarter. Telos Capital Management Inc. grew its position in Home Depot by 11.1% in the fourth quarter. Telos Capital Management Inc. now owns 2,634 shares of the home improvement retailer’s stock worth $499,000 after acquiring an additional 264 shares in the last quarter. Davis R M Inc. grew its position in Home Depot by 2.0% in the fourth quarter. Davis R M Inc. now owns 13,457 shares of the home improvement retailer’s stock worth $2,551,000 after acquiring an additional 270 shares in the last quarter. Waldron LP grew its position in Home Depot by 9.6% in the fourth quarter. Waldron LP now owns 3,193 shares of the home improvement retailer’s stock worth $605,000 after acquiring an additional 279 shares in the last quarter. Finally, Field & Main Bank grew its position in Home Depot by 2.1% in the first quarter. Field & Main Bank now owns 13,916 shares of the home improvement retailer’s stock worth $2,480,000 after acquiring an additional 281 shares in the last quarter. 69.11% of the stock is currently owned by institutional investors and hedge funds.
Several research analysts recently commented on the company. UBS Group lifted their price target on Home Depot from $212.00 to $225.00 and gave the stock a “buy” rating in a research report on Wednesday. Zacks Investment Research upgraded Home Depot from a “sell” rating to a “hold” rating in a research report on Wednesday, May 16th. Deutsche Bank set a $210.00 price target on Home Depot and gave the stock a “buy” rating in a research report on Tuesday, May 15th. Loop Capital set a $187.00 price target on Home Depot and gave the stock a “hold” rating in a research report on Tuesday, May 15th. Finally, Wells Fargo & Co set a $205.00 price target on Home Depot and gave the stock a “buy” rating in a research report on Tuesday, May 15th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, twenty-four have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $197.25.
In related news, EVP Mark Holifield sold 45,549 shares of the business’s stock in a transaction that occurred on Wednesday, May 16th. The shares were sold at an average price of $186.84, for a total value of $8,510,375.16. Following the completion of the transaction, the executive vice president now owns 51,879 shares of the company’s stock, valued at $9,693,072.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Stephanie Linnartz acquired 1,000 shares of Home Depot stock in a transaction that occurred on Friday, June 1st. The stock was acquired at an average cost of $187.57 per share, with a total value of $187,570.00. The disclosure for this purchase can be found here. Insiders own 0.25% of the company’s stock.
Shares of Home Depot opened at $200.31 on Friday, according to MarketBeat. The company has a quick ratio of 0.37, a current ratio of 1.17 and a debt-to-equity ratio of 14.37. The company has a market capitalization of $229.65 billion, a P/E ratio of 26.85, a PEG ratio of 1.49 and a beta of 1.13. Home Depot Inc has a 52-week low of $144.25 and a 52-week high of $207.60.
Home Depot (NYSE:HD) last announced its quarterly earnings results on Tuesday, May 15th. The home improvement retailer reported $2.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.05 by $0.03. The firm had revenue of $24.95 billion during the quarter, compared to analyst estimates of $25.17 billion. Home Depot had a return on equity of 399.15% and a net margin of 8.85%. Home Depot’s quarterly revenue was up 4.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.67 earnings per share. analysts anticipate that Home Depot Inc will post 9.45 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 14th. Investors of record on Thursday, May 31st were paid a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date of this dividend was Wednesday, May 30th. Home Depot’s dividend payout ratio (DPR) is 55.23%.
Home Depot Company Profile
The Home Depot, Inc operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, lawn and garden products, and décor products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself and professional customers.
Receive News & Ratings for Home Depot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Depot and related companies with MarketBeat.com's FREE daily email newsletter.