The Home Depot, Inc. (NYSE:HD) Shares Sold by Integris Wealth Management LLC

Integris Wealth Management LLC lessened its stake in The Home Depot, Inc. (NYSE:HD) by 6.0% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 584 shares of the home improvement retailer’s stock after selling 37 shares during the quarter. Integris Wealth Management LLC’s holdings in Home Depot were worth $201,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Moss Adams Wealth Advisors LLC raised its position in shares of Home Depot by 13.5% in the 4th quarter. Moss Adams Wealth Advisors LLC now owns 899 shares of the home improvement retailer’s stock valued at $312,000 after purchasing an additional 107 shares in the last quarter. Wealth Alliance increased its stake in shares of Home Depot by 1.6% in the fourth quarter. Wealth Alliance now owns 6,314 shares of the home improvement retailer’s stock worth $2,188,000 after buying an additional 98 shares during the last quarter. Everence Capital Management Inc. raised its holdings in Home Depot by 18.7% in the fourth quarter. Everence Capital Management Inc. now owns 32,098 shares of the home improvement retailer’s stock valued at $11,124,000 after acquiring an additional 5,060 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Home Depot by 11.8% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 398,888 shares of the home improvement retailer’s stock valued at $138,235,000 after acquiring an additional 42,083 shares during the last quarter. Finally, Allen Capital Group LLC boosted its stake in Home Depot by 6.7% during the 4th quarter. Allen Capital Group LLC now owns 14,549 shares of the home improvement retailer’s stock valued at $5,042,000 after acquiring an additional 911 shares during the last quarter. Institutional investors and hedge funds own 70.86% of the company’s stock.

Home Depot Stock Up 0.6 %

Shares of HD stock traded up $1.99 on Friday, hitting $362.06. The company’s stock had a trading volume of 3,308,320 shares, compared to its average volume of 3,434,097. The stock has a market capitalization of $359.02 billion, a price-to-earnings ratio of 24.28, a P/E/G ratio of 2.48 and a beta of 0.98. The Home Depot, Inc. has a fifty-two week low of $274.26 and a fifty-two week high of $396.87. The firm’s fifty day moving average price is $350.74 and its 200-day moving average price is $353.23. The company has a debt-to-equity ratio of 23.11, a current ratio of 1.34 and a quick ratio of 0.42.

Home Depot (NYSE:HD) last issued its quarterly earnings data on Tuesday, August 13th. The home improvement retailer reported $4.67 earnings per share for the quarter, beating analysts’ consensus estimates of $4.59 by $0.08. Home Depot had a return on equity of 1,056.67% and a net margin of 9.79%. The business had revenue of $43.18 billion for the quarter, compared to the consensus estimate of $42.57 billion. During the same period last year, the business earned $4.65 EPS. The firm’s revenue was up .6% compared to the same quarter last year. Research analysts anticipate that The Home Depot, Inc. will post 15.28 EPS for the current year.

Home Depot Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Thursday, August 29th will be issued a dividend of $2.25 per share. The ex-dividend date of this dividend is Thursday, August 29th. This represents a $9.00 dividend on an annualized basis and a dividend yield of 2.49%. Home Depot’s dividend payout ratio (DPR) is presently 60.36%.

Analyst Ratings Changes

Several research firms recently issued reports on HD. Raymond James reissued a “market perform” rating on shares of Home Depot in a research report on Wednesday, May 15th. Evercore ISI dropped their target price on shares of Home Depot from $415.00 to $400.00 and set an “outperform” rating on the stock in a report on Wednesday. Truist Financial reduced their price target on shares of Home Depot from $396.00 to $395.00 and set a “buy” rating on the stock in a research report on Wednesday. Stifel Nicolaus lowered their price objective on shares of Home Depot from $380.00 to $375.00 and set a “hold” rating for the company in a research report on Wednesday. Finally, JPMorgan Chase & Co. increased their price objective on shares of Home Depot from $377.00 to $400.00 and gave the stock an “overweight” rating in a research note on Monday, August 5th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and nineteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $386.33.

Home Depot 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.