1,492 The Home Depot, Inc. $HD Shares Bought by Griffith & Werner Inc.

Griffith & Werner Inc. increased its position in The Home Depot, Inc. (NYSE:HD) by 12.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,489 shares of the home improvement retailer’s stock after buying an additional 1,492 shares during the quarter. Home Depot comprises approximately 1.2% of Griffith & Werner Inc.’s holdings, making the stock its 27th largest position. Griffith & Werner Inc.’s holdings in Home Depot were worth $3,838,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. BlackRock Inc. acquired a new position in Home Depot during the second quarter worth about $28,771,247,000. State Street Corp lifted its holdings in Home Depot by 1.1% in the 2nd quarter. State Street Corp now owns 47,175,026 shares of the home improvement retailer’s stock valued at $16,637,688,000 after acquiring an additional 499,168 shares during the last quarter. Bank of America Corp DE acquired a new stake in Home Depot in the 2nd quarter valued at about $5,780,468,000. Bank of New York Mellon Corp acquired a new stake in Home Depot in the 2nd quarter valued at about $2,777,396,000. Finally, Corient Private Wealth LP acquired a new stake in Home Depot in the 2nd quarter valued at about $390,913,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Home Depot Stock Performance

Shares of NYSE HD opened at $343.48 on Monday. The stock’s fifty day simple moving average is $309.42 and its 200 day simple moving average is $334.08. The stock has a market capitalization of $342.69 billion, a price-to-earnings ratio of 24.04, a PEG ratio of 2.44 and a beta of 0.93. The company has a quick ratio of 0.31, a current ratio of 1.08 and a debt-to-equity ratio of 2.64. The Home Depot, Inc. has a 52-week low of $277.15 and a 52-week high of $397.63.

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

Home Depot Announces Dividend

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

Analyst Ratings Changes

HD has been the subject of several research reports. Weiss Ratings restated a “hold (c)” rating on shares of Home Depot in a research report on Friday, October 2nd. KeyCorp reiterated a “sector weight” rating on shares of Home Depot in a report on Wednesday, August 19th. Wells Fargo & Company boosted their target price on shares of Home Depot from $360.00 to $400.00 and gave the stock an “overweight” rating in a report on Tuesday, August 11th. DA Davidson reissued a “buy” rating and set a $377.00 target price on shares of Home Depot in a research note on Wednesday, August 19th. Finally, Jefferies Financial Group restated a “buy” rating and set a $398.00 target price on shares of Home Depot in a report on Tuesday, August 18th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Home Depot presently has a consensus rating of “Moderate Buy” and a consensus price target of $375.31.

Insider Buying and Selling

In other Home Depot news, EVP Michael F. Rowe sold 710 shares of the firm’s stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $336.76, for a total value of $239,099.60. Following the completion of the transaction, the executive vice president directly owned 6,838 shares in the company, valued at $2,302,764.88. This trade represents a 9.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Richard V. Mcphail sold 5,989 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total transaction of $2,086,567.60. Following the completion of the transaction, the chief financial officer owned 48,104 shares of the company’s stock, valued at approximately $16,759,433.60. The trade was a 11.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 9,829 shares of company stock worth $3,339,314 in the last quarter. 0.08% of the stock is currently owned by corporate insiders.

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.