Leo Wealth LLC Purchases 3,392 Shares of The Home Depot, Inc. $HD

Leo Wealth LLC raised its position in shares of The Home Depot, Inc. (NYSE:HD) by 302.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,512 shares of the home improvement retailer’s stock after purchasing an additional 3,392 shares during the period. Leo Wealth LLC’s holdings in Home Depot were worth $1,552,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Walkner Condon Financial Advisors LLC grew its holdings in Home Depot by 6.0% during the fourth quarter. Walkner Condon Financial Advisors LLC now owns 2,132 shares of the home improvement retailer’s stock valued at $734,000 after purchasing an additional 120 shares during the period. Sowell Financial Services LLC grew its holdings in Home Depot by 10.0% during the fourth quarter. Sowell Financial Services LLC now owns 20,156 shares of the home improvement retailer’s stock valued at $6,936,000 after purchasing an additional 1,836 shares during the period. Stonebridge Financial Group LLC grew its holdings in Home Depot by 3.1% during the fourth quarter. Stonebridge Financial Group LLC now owns 2,006 shares of the home improvement retailer’s stock valued at $690,000 after purchasing an additional 60 shares during the period. TOWER TRUST & INVESTMENT Co grew its holdings in Home Depot by 2.0% during the fourth quarter. TOWER TRUST & INVESTMENT Co now owns 2,656 shares of the home improvement retailer’s stock valued at $914,000 after purchasing an additional 51 shares during the period. Finally, BXM Wealth LLC grew its holdings in Home Depot by 437.5% during the fourth quarter. BXM Wealth LLC now owns 6,052 shares of the home improvement retailer’s stock valued at $2,082,000 after purchasing an additional 4,926 shares during the period. 70.86% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on HD shares. Guggenheim increased their price objective on Home Depot from $400.00 to $425.00 and gave the company a “buy” rating in a report on Wednesday, February 25th. Sanford C. Bernstein increased their price objective on Home Depot from $381.00 to $390.00 and gave the company a “market perform” rating in a report on Wednesday, February 25th. Wall Street Zen raised Home Depot from a “sell” rating to a “hold” rating in a report on Saturday, March 21st. Daiwa Securities Group increased their price objective on Home Depot from $360.00 to $390.00 and gave the company a “neutral” rating in a report on Thursday, February 26th. Finally, Evercore cut their price target on Home Depot from $425.00 to $415.00 and set an “outperform” rating for the company in a report on Tuesday, March 31st. Twenty research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Home Depot currently has an average rating of “Moderate Buy” and a consensus price target of $414.17.

Insider Transactions at Home Depot

In related news, CFO Richard V. Mcphail sold 2,550 shares of Home Depot stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $368.89, for a total transaction of $940,669.50. Following the completion of the sale, the chief financial officer owned 44,566 shares of the company’s stock, valued at approximately $16,439,951.74. This trade represents a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.10% of the company’s stock.

Home Depot Price Performance

Home Depot stock opened at $326.31 on Tuesday. The business has a fifty day moving average price of $359.85 and a 200-day moving average price of $366.64. The company has a debt-to-equity ratio of 3.62, a current ratio of 1.06 and a quick ratio of 0.26. The firm has a market capitalization of $325.01 billion, a P/E ratio of 22.93, a PEG ratio of 3.51 and a beta of 1.09. The Home Depot, Inc. has a one year low of $318.66 and a one year high of $426.75.

Home Depot (NYSE:HD) last posted its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.52 by $0.20. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The business had revenue of $38.20 billion for the quarter, compared to analysts’ expectations of $38.01 billion. During the same period in the prior year, the company posted $3.13 EPS. The business’s revenue for the quarter was down 3.8% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. As a group, equities research analysts forecast that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th were paid a $2.33 dividend. The ex-dividend date was Thursday, March 12th. This represents a $9.32 annualized dividend and a yield of 2.9%. This is a boost from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s dividend payout ratio is currently 65.50%.

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.