Marquette Asset Management Inc. continued to hold its stake in shares of Home Depot, Inc. (The) (NYSE:HD) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,877 shares of the home improvement retailer’s stock at the close of the second quarter. Marquette Asset Management Inc.’s holdings in Home Depot, Inc. (The) were worth $288,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Jackson Grant Investment Advisers Inc. raised its holdings in shares of Home Depot, Inc. (The) by 0.4% during the first quarter. Jackson Grant Investment Advisers Inc. now owns 1,644 shares of the home improvement retailer’s stock valued at $241,000 after purchasing an additional 6 shares during the last quarter. Mascoma Wealth Management LLC raised its holdings in shares of Home Depot, Inc. (The) by 0.6% during the second quarter. Mascoma Wealth Management LLC now owns 1,143 shares of the home improvement retailer’s stock valued at $175,000 after purchasing an additional 7 shares during the last quarter. Pineno Levin & Ford Asset Management Inc. raised its holdings in shares of Home Depot, Inc. (The) by 0.3% during the first quarter. Pineno Levin & Ford Asset Management Inc. now owns 2,725 shares of the home improvement retailer’s stock valued at $400,000 after purchasing an additional 9 shares during the last quarter. Piershale Financial Group Inc. raised its holdings in shares of Home Depot, Inc. (The) by 0.6% during the first quarter. Piershale Financial Group Inc. now owns 2,192 shares of the home improvement retailer’s stock valued at $322,000 after purchasing an additional 13 shares during the last quarter. Finally, Howland Capital Management LLC raised its holdings in shares of Home Depot, Inc. (The) by 0.3% during the first quarter. Howland Capital Management LLC now owns 9,936 shares of the home improvement retailer’s stock valued at $1,459,000 after purchasing an additional 26 shares during the last quarter. 71.39% of the stock is owned by institutional investors and hedge funds.

Shares of Home Depot, Inc. (HD) traded up 0.71% during trading on Wednesday, hitting $158.78. 1,970,492 shares of the company were exchanged. The firm’s 50-day moving average price is $153.29 and its 200 day moving average price is $152.05. The firm has a market capitalization of $187.17 billion, a PE ratio of 22.85 and a beta of 1.07. Home Depot, Inc. has a 12 month low of $119.20 and a 12 month high of $161.38.

Home Depot, Inc. (The) (NYSE:HD) last released its quarterly earnings results on Tuesday, August 15th. The home improvement retailer reported $2.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.21 by $0.04. Home Depot, Inc. (The) had a net margin of 8.63% and a return on equity of 192.30%. The firm had revenue of $28.11 billion for the quarter, compared to analysts’ expectations of $27.84 billion. During the same quarter last year, the company earned $1.97 EPS. The firm’s revenue for the quarter was up 6.2% compared to the same quarter last year. On average, equities research analysts expect that Home Depot, Inc. will post $7.33 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Thursday, September 14th. Investors of record on Thursday, August 31st were paid a $0.89 dividend. The ex-dividend date of this dividend was Tuesday, August 29th. This represents a $3.56 dividend on an annualized basis and a yield of 2.26%. Home Depot, Inc. (The)’s dividend payout ratio is currently 51.15%.

Several research firms have recently weighed in on HD. Robert W. Baird set a $175.00 price objective on shares of Home Depot, Inc. (The) and gave the company a “buy” rating in a report on Sunday, September 10th. Zacks Investment Research raised shares of Home Depot, Inc. (The) from a “hold” rating to a “buy” rating and set a $179.00 price objective for the company in a report on Monday, September 11th. Vetr cut shares of Home Depot, Inc. (The) from a “buy” rating to a “hold” rating and set a $164.09 price objective for the company. in a report on Monday, June 19th. Royal Bank Of Canada reissued a “buy” rating and set a $179.00 price objective on shares of Home Depot, Inc. (The) in a report on Monday. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Home Depot, Inc. (The) in a report on Tuesday, September 12th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $169.98.

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In related news, EVP Matt Carey sold 32,000 shares of Home Depot, Inc. (The) stock in a transaction on Thursday, September 7th. The shares were sold at an average price of $157.10, for a total value of $5,027,200.00. Following the sale, the executive vice president now owns 62,483 shares of the company’s stock, valued at approximately $9,816,079.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Teresa Wynn Roseborough sold 15,000 shares of Home Depot, Inc. (The) stock in a transaction on Monday, August 21st. The shares were sold at an average price of $150.39, for a total transaction of $2,255,850.00. Following the completion of the sale, the executive vice president now directly owns 33,147 shares in the company, valued at approximately $4,984,977.33. The disclosure for this sale can be found here. Insiders sold a total of 57,717 shares of company stock worth $8,916,321 in the last three months. 0.26% of the stock is owned by corporate insiders.

Home Depot, Inc. (The) Profile

The Home Depot, Inc (The Home Depot) is a home improvement retailer. The Company sells an assortment of building materials, home improvement products, and lawn and garden products, and provides various services. The Home Depot stores serves three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers.

Institutional Ownership by Quarter for Home Depot, Inc. (The) (NYSE:HD)

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