Dupont Capital Management Corp boosted its stake in Home Depot Inc (NYSE:HD) by 3.3% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 190,998 shares of the home improvement retailer’s stock after buying an additional 6,025 shares during the quarter. Home Depot makes up about 0.9% of Dupont Capital Management Corp’s holdings, making the stock its 11th biggest position. Dupont Capital Management Corp’s holdings in Home Depot were worth $37,264,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the business. BlackRock Inc. lifted its position in Home Depot by 0.8% in the 1st quarter. BlackRock Inc. now owns 72,237,480 shares of the home improvement retailer’s stock worth $12,875,610,000 after buying an additional 604,634 shares in the last quarter. Clearbridge Investments LLC raised its holdings in shares of Home Depot by 1.4% during the 4th quarter. Clearbridge Investments LLC now owns 8,180,356 shares of the home improvement retailer’s stock valued at $1,550,423,000 after purchasing an additional 115,794 shares in the last quarter. Schwab Charles Investment Management Inc. raised its holdings in shares of Home Depot by 3.7% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 6,415,134 shares of the home improvement retailer’s stock valued at $1,143,434,000 after purchasing an additional 230,769 shares in the last quarter. Fisher Asset Management LLC raised its holdings in shares of Home Depot by 2.6% during the 2nd quarter. Fisher Asset Management LLC now owns 4,326,599 shares of the home improvement retailer’s stock valued at $844,119,000 after purchasing an additional 108,535 shares in the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. raised its holdings in shares of Home Depot by 6.0% during the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 3,774,361 shares of the home improvement retailer’s stock valued at $672,742,000 after purchasing an additional 213,914 shares in the last quarter. Institutional investors own 68.96% of the company’s stock.

Shares of HD opened at $207.99 on Tuesday. The firm has a market capitalization of $243.00 billion, a P/E ratio of 27.88, a PEG ratio of 1.67 and a beta of 1.11. Home Depot Inc has a one year low of $159.75 and a one year high of $215.43. The company has a current ratio of 1.13, a quick ratio of 0.37 and a debt-to-equity ratio of 11.60.

Home Depot (NYSE:HD) last announced its earnings results on Tuesday, August 14th. The home improvement retailer reported $3.05 EPS for the quarter, topping the consensus estimate of $2.84 by $0.21. The firm had revenue of $30.46 billion for the quarter, compared to the consensus estimate of $30.04 billion. Home Depot had a net margin of 9.45% and a return on equity of 522.68%. The business’s quarterly revenue was up 8.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.59 EPS. research analysts expect that Home Depot Inc will post 9.58 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Thursday, September 13th. Investors of record on Thursday, August 30th were issued a $1.03 dividend. The ex-dividend date was Wednesday, August 29th. This represents a $4.12 annualized dividend and a yield of 1.98%. Home Depot’s dividend payout ratio (DPR) is presently 55.23%.

HD has been the topic of a number of recent research reports. Zacks Investment Research upgraded shares of Home Depot from a “hold” rating to a “buy” rating and set a $223.00 price target on the stock in a report on Tuesday, July 17th. Citigroup raised their price target on shares of Home Depot from $205.00 to $220.00 and gave the company a “positive” rating in a report on Friday, August 10th. Jefferies Financial Group initiated coverage on shares of Home Depot in a report on Tuesday, August 21st. They set a “buy” rating and a $228.00 price target on the stock. Piper Jaffray Companies restated a “hold” rating and set a $203.00 price target on shares of Home Depot in a report on Thursday, August 16th. Finally, Wells Fargo & Co restated a “buy” rating and set a $230.00 price target on shares of Home Depot in a report on Sunday, September 16th. Seven investment analysts have rated the stock with a hold rating and twenty-two have assigned a buy rating to the company’s stock. Home Depot currently has a consensus rating of “Buy” and a consensus target price of $205.92.

In other Home Depot news, EVP William G. Lennie sold 10,854 shares of the firm’s stock in a transaction on Wednesday, August 22nd. The shares were sold at an average price of $201.64, for a total value of $2,188,600.56. Following the sale, the executive vice president now directly owns 40,057 shares in the company, valued at approximately $8,077,093.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Matt Carey sold 4,125 shares of the firm’s stock in a transaction on Thursday, August 16th. The stock was sold at an average price of $195.43, for a total transaction of $806,148.75. Following the completion of the sale, the executive vice president now owns 60,179 shares in the company, valued at $11,760,781.97. The disclosure for this sale can be found here. Company insiders own 0.25% of the company’s stock.

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 d├ęcor products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself and professional customers.

Read More: Exchange-Traded Funds (ETFs)

Institutional Ownership by Quarter for Home Depot (NYSE:HD)

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