Dimensional Fund Advisors LP Has $1.72 Billion Holdings in The Home Depot, Inc. $HD

Dimensional Fund Advisors LP increased its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 1.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,216,662 shares of the home improvement retailer’s stock after acquiring an additional 87,248 shares during the period. Home Depot comprises approximately 0.4% of Dimensional Fund Advisors LP’s holdings, making the stock its 24th largest holding. Dimensional Fund Advisors LP owned approximately 0.52% of Home Depot worth $1,715,564,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of HD. Curio Wealth LLC boosted its stake in Home Depot by 13.5% in the fourth quarter. Curio Wealth LLC now owns 218 shares of the home improvement retailer’s stock worth $76,000 after purchasing an additional 26 shares in the last quarter. Westfuller Advisors LLC increased its stake in shares of Home Depot by 2.1% in the fourth quarter. Westfuller Advisors LLC now owns 1,325 shares of the home improvement retailer’s stock valued at $456,000 after buying an additional 27 shares in the last quarter. Darwin Wealth Management LLC raised its holdings in shares of Home Depot by 0.5% in the fourth quarter. Darwin Wealth Management LLC now owns 4,949 shares of the home improvement retailer’s stock valued at $1,703,000 after buying an additional 27 shares during the last quarter. Alesco Advisors LLC raised its holdings in shares of Home Depot by 3.2% in the fourth quarter. Alesco Advisors LLC now owns 866 shares of the home improvement retailer’s stock valued at $298,000 after buying an additional 27 shares during the last quarter. Finally, Canandaigua National Trust Co of Florida lifted its position in Home Depot by 1.3% during the 4th quarter. Canandaigua National Trust Co of Florida now owns 2,178 shares of the home improvement retailer’s stock worth $749,000 after buying an additional 27 shares in the last quarter. 70.86% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on HD shares. Royal Bank Of Canada decreased their price objective on shares of Home Depot from $377.00 to $340.00 and set a “sector perform” rating on the stock in a report on Wednesday, May 20th. BNP Paribas Exane dropped their target price on shares of Home Depot from $348.00 to $325.00 and set a “neutral” rating for the company in a research note on Tuesday, May 19th. HSBC reduced their target price on shares of Home Depot from $392.00 to $310.00 and set a “hold” rating on the stock in a research report on Wednesday, May 20th. Oppenheimer lowered their price target on shares of Home Depot from $405.00 to $310.00 and set a “market perform” rating for the company in a report on Monday, May 18th. Finally, Wall Street Zen upgraded shares of Home Depot from a “sell” rating to a “hold” rating in a research report on Tuesday, June 2nd. Eighteen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $371.71.

Home Depot Stock Performance

Shares of NYSE:HD opened at $339.22 on Monday. The company has a current ratio of 1.04, a quick ratio of 0.28 and a debt-to-equity ratio of 3.23. The Home Depot, Inc. has a 1-year low of $289.10 and a 1-year high of $426.75. The stock has a market capitalization of $338.24 billion, a P/E ratio of 24.09, a P/E/G ratio of 3.91 and a beta of 0.95. The business has a 50-day moving average price of $326.96 and a two-hundred day moving average price of $345.22.

Home Depot (NYSE:HD) last issued its earnings results on Tuesday, May 19th. The home improvement retailer reported $3.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.41 by $0.02. Home Depot had a net margin of 8.41% and a return on equity of 117.24%. The company had revenue of $41.77 billion for the quarter, compared to analyst estimates of $41.59 billion. During the same quarter last year, the firm earned $3.56 EPS. The company’s revenue for the quarter was up 4.8% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Equities analysts predict that The Home Depot, Inc. will post 15.01 earnings per share for the current year.

Home Depot Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were paid a $2.33 dividend. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $9.32 dividend on an annualized basis and a yield of 2.7%. Home Depot’s dividend payout ratio (DPR) is presently 66.19%.

About Home Depot

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.