Atlas Legacy Advisors LLC Has $1.12 Million Holdings in The Home Depot, Inc. $HD

Atlas Legacy Advisors LLC increased its stake in shares of The Home Depot, Inc. (NYSE:HD) by 13.6% during the second quarter, HoldingsChannel.com reports. The fund owned 3,047 shares of the home improvement retailer’s stock after purchasing an additional 365 shares during the period. Atlas Legacy Advisors LLC’s holdings in Home Depot were worth $1,117,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in HD. Savant Capital LLC boosted its position in Home Depot by 2.0% during the second quarter. Savant Capital LLC now owns 62,602 shares of the home improvement retailer’s stock worth $22,953,000 after purchasing an additional 1,207 shares during the period. Malaga Cove Capital LLC lifted its stake in shares of Home Depot by 3.8% in the second quarter. Malaga Cove Capital LLC now owns 1,778 shares of the home improvement retailer’s stock worth $652,000 after buying an additional 65 shares during the last quarter. Headland Capital LLC boosted its holdings in shares of Home Depot by 17.9% during the 2nd quarter. Headland Capital LLC now owns 653 shares of the home improvement retailer’s stock worth $239,000 after buying an additional 99 shares during the period. Raelipskie Partnership grew its stake in Home Depot by 2.1% in the 2nd quarter. Raelipskie Partnership now owns 7,086 shares of the home improvement retailer’s stock valued at $2,598,000 after buying an additional 146 shares during the last quarter. Finally, Soltis Investment Advisors LLC raised its holdings in Home Depot by 20.4% in the 2nd quarter. Soltis Investment Advisors LLC now owns 5,215 shares of the home improvement retailer’s stock worth $1,912,000 after acquiring an additional 883 shares during the period. 70.86% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Home Depot news, EVP Angie Brown sold 1,000 shares of Home Depot stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $404.07, for a total transaction of $404,070.00. Following the sale, the executive vice president directly owned 3,837 shares of the company’s stock, valued at approximately $1,550,416.59. The trade was a 20.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Richard V. Mcphail sold 3,369 shares of the stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $403.66, for a total value of $1,359,930.54. Following the completion of the transaction, the chief financial officer directly owned 45,455 shares of the company’s stock, valued at approximately $18,348,365.30. The trade was a 6.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 48,835 shares of company stock valued at $19,623,432 over the last 90 days. Company insiders own 0.10% of the company’s stock.

Home Depot Price Performance

Shares of HD stock opened at $369.16 on Friday. The Home Depot, Inc. has a 12 month low of $326.31 and a 12 month high of $439.37. The company has a market capitalization of $367.46 billion, a P/E ratio of 25.08, a P/E/G ratio of 3.59 and a beta of 1.00. The stock has a 50 day moving average of $398.00 and a two-hundred day moving average of $381.11. The company has a current ratio of 1.15, a quick ratio of 0.34 and a debt-to-equity ratio of 4.31.

Home Depot (NYSE:HD) last issued its earnings results on Tuesday, August 19th. The home improvement retailer reported $4.68 EPS for the quarter, missing analysts’ consensus estimates of $4.69 by ($0.01). The firm had revenue of $45.28 billion during the quarter, compared to analyst estimates of $45.43 billion. Home Depot had a net margin of 8.86% and a return on equity of 193.99%. The business’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.60 earnings per share. Home Depot has set its FY 2025 guidance at 14.940-14.940 EPS. As a group, equities analysts expect that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Stockholders of record on Thursday, September 4th were given a dividend of $2.30 per share. This represents a $9.20 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Thursday, September 4th. Home Depot’s payout ratio is 62.50%.

Analyst Ratings Changes

A number of research firms have issued reports on HD. Stifel Nicolaus upped their price target on shares of Home Depot from $425.00 to $432.00 and gave the company a “buy” rating in a report on Monday, August 18th. Telsey Advisory Group restated an “outperform” rating and set a $455.00 target price on shares of Home Depot in a research note on Tuesday, August 19th. Oppenheimer raised their target price on Home Depot from $400.00 to $420.00 and gave the company a “market perform” rating in a report on Thursday, September 25th. Wolfe Research started coverage on Home Depot in a report on Thursday, September 18th. They set an “outperform” rating and a $497.00 price target for the company. Finally, Morgan Stanley increased their price objective on Home Depot from $415.00 to $430.00 and gave the company an “overweight” rating in a research report on Wednesday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $435.00.

Home Depot Profile

The Home Depot, Inc operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.