WINTON GROUP Ltd Sells 60 Shares of The Home Depot, Inc. (NYSE:HD)

WINTON GROUP Ltd cut its stake in The Home Depot, Inc. (NYSE:HD) by 1.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,364 shares of the home improvement retailer’s stock after selling 60 shares during the quarter. WINTON GROUP Ltd’s holdings in Home Depot were worth $1,502,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Cambridge Investment Research Advisors Inc. grew its holdings in Home Depot by 1.0% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 213,799 shares of the home improvement retailer’s stock valued at $74,092,000 after buying an additional 2,209 shares in the last quarter. Empirical Finance LLC raised its stake in Home Depot by 3.3% in the 1st quarter. Empirical Finance LLC now owns 37,127 shares of the home improvement retailer’s stock worth $14,242,000 after purchasing an additional 1,195 shares in the last quarter. Commonwealth Retirement Investments LLC raised its stake in Home Depot by 5.5% in the 1st quarter. Commonwealth Retirement Investments LLC now owns 18,628 shares of the home improvement retailer’s stock worth $7,146,000 after purchasing an additional 965 shares in the last quarter. V Square Quantitative Management LLC boosted its holdings in Home Depot by 34.8% in the 1st quarter. V Square Quantitative Management LLC now owns 15,913 shares of the home improvement retailer’s stock valued at $6,104,000 after purchasing an additional 4,111 shares during the period. Finally, Leeward Financial Partners LLC increased its holdings in shares of Home Depot by 7.3% during the first quarter. Leeward Financial Partners LLC now owns 10,431 shares of the home improvement retailer’s stock worth $4,001,000 after purchasing an additional 711 shares during the period. 70.86% of the stock is owned by institutional investors.

Home Depot Trading Up 1.5 %

NYSE HD opened at $379.99 on Monday. The Home Depot, Inc. has a 12 month low of $274.26 and a 12 month high of $396.87. The company has a current ratio of 1.15, a quick ratio of 0.33 and a debt-to-equity ratio of 11.74. The firm has a market capitalization of $377.44 billion, a PE ratio of 25.49, a price-to-earnings-growth ratio of 2.57 and a beta of 1.00. The business’s 50-day moving average price is $361.04 and its two-hundred day moving average price is $353.92.

Home Depot (NYSE:HD) last announced its earnings results on Tuesday, August 13th. The home improvement retailer reported $4.67 EPS for the quarter, beating the consensus estimate of $4.59 by $0.08. The business had revenue of $43.18 billion for the quarter, compared to analysts’ expectations of $42.57 billion. Home Depot had a return on equity of 681.27% and a net margin of 9.71%. The firm’s revenue was up .6% on a year-over-year basis. During the same period in the prior year, the business posted $4.65 earnings per share. On average, analysts expect that The Home Depot, Inc. will post 15.01 EPS for the current year.

Home Depot Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 12th. Shareholders of record on Thursday, August 29th were issued a dividend of $2.25 per share. The ex-dividend date was Thursday, August 29th. This represents a $9.00 dividend on an annualized basis and a yield of 2.37%. Home Depot’s payout ratio is currently 60.36%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Evercore ISI cut their price target on Home Depot from $415.00 to $400.00 and set an “outperform” rating for the company in a research note on Wednesday, August 14th. Royal Bank of Canada reduced their target price on Home Depot from $377.00 to $363.00 and set a “sector perform” rating on the stock in a report on Wednesday, August 14th. Truist Financial dropped their price target on Home Depot from $396.00 to $395.00 and set a “buy” rating for the company in a research note on Wednesday, August 14th. 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. Finally, DA Davidson boosted their target price on shares of Home Depot from $395.00 to $430.00 and gave the company a “buy” rating in a research report on Tuesday, September 3rd. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and nineteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $387.79.

About Home Depot

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.