25 LLC Has $414,000 Position in The Home Depot, Inc. (NYSE:HD)

25 LLC cut its position in The Home Depot, Inc. (NYSE:HD) by 6.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,194 shares of the home improvement retailer’s stock after selling 81 shares during the period. 25 LLC’s holdings in Home Depot were worth $414,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HD. Morgan Stanley increased its stake in Home Depot by 10.0% during the 4th quarter. Morgan Stanley now owns 18,737,490 shares of the home improvement retailer’s stock worth $5,918,425,000 after purchasing an additional 1,698,402 shares in the last quarter. Northern Trust Corp increased its position in shares of Home Depot by 1.3% during the third quarter. Northern Trust Corp now owns 12,347,396 shares of the home improvement retailer’s stock worth $3,730,889,000 after acquiring an additional 153,141 shares in the last quarter. Norges Bank acquired a new stake in shares of Home Depot during the fourth quarter worth $3,740,875,000. Moneta Group Investment Advisors LLC lifted its position in Home Depot by 105,205.6% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 10,994,957 shares of the home improvement retailer’s stock valued at $3,472,867,000 after acquiring an additional 10,984,516 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in Home Depot by 14.5% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 10,729,735 shares of the home improvement retailer’s stock valued at $3,211,731,000 after acquiring an additional 1,361,660 shares in the last quarter. 70.86% of the stock is owned by institutional investors.

Insider Transactions at Home Depot

In other Home Depot news, CEO Edward P. Decker sold 35,987 shares of Home Depot stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $368.63, for a total value of $13,265,887.81. Following the completion of the transaction, the chief executive officer now directly owns 107,731 shares of the company’s stock, valued at approximately $39,712,878.53. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, EVP Timothy A. Hourigan sold 8,996 shares of the stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $368.74, for a total transaction of $3,317,185.04. Following the sale, the executive vice president now owns 75,799 shares in the company, valued at approximately $27,950,123.26. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Edward P. Decker sold 35,987 shares of the business’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $368.63, for a total transaction of $13,265,887.81. Following the transaction, the chief executive officer now owns 107,731 shares of the company’s stock, valued at $39,712,878.53. The disclosure for this sale can be found here. Insiders own 0.19% of the company’s stock.

Home Depot Stock Performance

Shares of NYSE:HD traded down $2.89 on Thursday, hitting $383.00. The company had a trading volume of 1,841,569 shares, compared to its average volume of 3,137,208. The stock has a market cap of $379.56 billion, a price-to-earnings ratio of 25.25, a P/E/G ratio of 2.51 and a beta of 0.99. The stock has a 50 day moving average price of $367.86 and a 200 day moving average price of $334.18. The Home Depot, Inc. has a 1-year low of $274.26 and a 1-year high of $396.87. The company has a current ratio of 1.35, a quick ratio of 0.40 and a debt-to-equity ratio of 40.94.

Home Depot (NYSE:HD) last issued its quarterly earnings data on Tuesday, February 20th. The home improvement retailer reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.77 by $0.05. The firm had revenue of $34.79 billion during the quarter, compared to the consensus estimate of $34.64 billion. Home Depot had a net margin of 9.92% and a return on equity of 1,452.22%. The business’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same period last year, the business posted $3.30 earnings per share. Analysts expect that The Home Depot, Inc. will post 15.39 EPS for the current year.

Home Depot Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Shareholders of record on Thursday, March 7th were given a dividend of $2.25 per share. This represents a $9.00 dividend on an annualized basis and a dividend yield of 2.35%. The ex-dividend date was Wednesday, March 6th. This is a positive change from Home Depot’s previous quarterly dividend of $2.09. Home Depot’s dividend payout ratio is presently 59.60%.

Analyst Ratings Changes

Several analysts have issued reports on the company. StockNews.com raised Home Depot from a “hold” rating to a “buy” rating in a research note on Wednesday, March 20th. TD Cowen lifted their target price on Home Depot from $415.00 to $440.00 and gave the company an “outperform” rating in a research report on Monday, March 4th. Truist Financial reduced their price target on Home Depot from $387.00 to $386.00 and set a “buy” rating for the company in a research report on Wednesday, February 21st. Barclays upgraded shares of Home Depot from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $325.00 to $372.00 in a report on Thursday, January 4th. Finally, The Goldman Sachs Group boosted their price objective on shares of Home Depot from $347.00 to $393.00 and gave the stock a “buy” rating in a research report on Tuesday, February 13th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and seventeen have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $368.76.

Home Depot Company 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.