Dymon Asia Capital Singapore PTE. LTD. Makes New Investment in The Home Depot, Inc. $HD

Dymon Asia Capital Singapore PTE. LTD. purchased a new position in The Home Depot, Inc. (NYSE:HD) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 59,000 shares of the home improvement retailer’s stock, valued at approximately $20,302,000. Home Depot accounts for about 2.0% of Dymon Asia Capital Singapore PTE. LTD.’s portfolio, making the stock its 3rd largest position.

Other institutional investors have also added to or reduced their stakes in the company. Advocate Investing Services LLC bought a new position in Home Depot in the fourth quarter worth approximately $25,000. Parvin Asset Management LLC raised its position in Home Depot by 110.0% in 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 bought a new position in Home Depot in the fourth quarter worth approximately $28,000. Navalign LLC bought a new position in Home Depot in the fourth quarter worth approximately $31,000. Finally, Disciplined Equity Management Inc. bought a new position in Home Depot in the fourth quarter worth approximately $34,000. 70.86% of the stock is currently owned by institutional investors.

Home Depot Stock Performance

Shares of NYSE HD opened at $328.37 on Friday. The firm has a fifty day moving average price of $322.44 and a 200-day moving average price of $347.04. 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 $327.42 billion, a PE ratio of 23.32, a price-to-earnings-growth ratio of 3.79 and a beta of 0.97. The Home Depot, Inc. has a 1 year low of $289.10 and a 1 year high of $426.75.

Home Depot (NYSE:HD) last announced its quarterly earnings data on Tuesday, May 19th. The home improvement retailer reported $3.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.41 by $0.02. The firm had revenue of $41.77 billion during the quarter, compared to analysts’ expectations of $41.59 billion. Home Depot had a net margin of 8.41% and a return on equity of 117.24%. The company’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the prior year, the company posted $3.56 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Equities analysts anticipate 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 disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be given a dividend of $2.33 per share. The ex-dividend date is Thursday, June 4th. This represents a $9.32 annualized dividend and a yield of 2.8%. Home Depot’s dividend payout ratio (DPR) is 66.19%.

Wall Street Analyst Weigh In

Several research firms have weighed in on HD. TD Cowen decreased their price target on shares of Home Depot from $450.00 to $375.00 and set a “buy” rating on the stock in a research report on Wednesday, May 20th. DA Davidson decreased their price target on shares of Home Depot from $445.00 to $377.00 and set a “buy” rating on the stock in a research report on Tuesday, May 19th. Wells Fargo & Company reduced their price objective on shares of Home Depot from $375.00 to $360.00 and set an “overweight” rating for the company in a research note on Wednesday, May 20th. Bank of America initiated coverage on shares of Home Depot in a research note on Tuesday, May 5th. They issued a “buy” rating and a $374.00 price objective for the company. Finally, Gordon Haskett increased their price objective on shares of Home Depot from $320.00 to $330.00 in a research note on Friday. Nineteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $371.71.

Home Depot 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.