Apeiron RIA LLC Increases Stock Holdings in The Home Depot, Inc. (NYSE:HD)

Apeiron RIA LLC grew its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 5.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,336 shares of the home improvement retailer’s stock after purchasing an additional 75 shares during the period. Apeiron RIA LLC’s holdings in Home Depot were worth $520,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Beaird Harris Wealth Management LLC raised its position in Home Depot by 2.2% in the 2nd quarter. Beaird Harris Wealth Management LLC now owns 1,794 shares of the home improvement retailer’s stock valued at $617,000 after purchasing an additional 38 shares in the last quarter. Alethea Capital Management LLC purchased a new stake in shares of Home Depot during the 2nd quarter worth $396,000. Raab & Moskowitz Asset Management LLC boosted its position in shares of Home Depot by 6.6% during the 2nd quarter. Raab & Moskowitz Asset Management LLC now owns 9,403 shares of the home improvement retailer’s stock worth $3,237,000 after acquiring an additional 583 shares in the last quarter. Texas Capital Bank Wealth Management Services Inc boosted its holdings in shares of Home Depot by 27.6% in the 2nd quarter. Texas Capital Bank Wealth Management Services Inc now owns 27,155 shares of the home improvement retailer’s stock valued at $9,348,000 after buying an additional 5,879 shares in the last quarter. Finally, Kathmere Capital Management LLC grew its holdings in shares of Home Depot by 18.3% during the second quarter. Kathmere Capital Management LLC now owns 7,675 shares of the home improvement retailer’s stock worth $2,642,000 after purchasing an additional 1,188 shares during the last quarter. Institutional investors and hedge funds own 70.86% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on HD. Bank of America upped their price target on shares of Home Depot from $425.00 to $450.00 and gave the company a “buy” rating in a research report on Wednesday, November 13th. DA Davidson increased their price target on shares of Home Depot from $430.00 to $466.00 and gave the company a “buy” rating in a report on Friday, October 25th. Sanford C. Bernstein assumed coverage on Home Depot in a research report on Tuesday, October 22nd. They issued a “market perform” rating and a $451.00 price target for the company. Mizuho lifted their price objective on Home Depot from $435.00 to $440.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 13th. Finally, Truist Financial boosted their price target on Home Depot from $459.00 to $465.00 and gave the company a “buy” rating in a report on Wednesday, November 13th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and twenty-three have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $426.00.

Insider Transactions at Home Depot

In related news, EVP Teresa Wynn Roseborough sold 22,084 shares of the company’s stock in a transaction dated Thursday, November 14th. The shares were sold at an average price of $408.91, for a total transaction of $9,030,368.44. Following the transaction, the executive vice president now owns 20,404 shares in the company, valued at $8,343,399.64. This represents a 51.98 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Timothy A. Hourigan sold 16,004 shares of the firm’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $409.52, for a total transaction of $6,553,958.08. Following the completion of the sale, the executive vice president now owns 77,475 shares of the company’s stock, valued at $31,727,562. The trade was a 17.12 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 38,188 shares of company stock worth $15,624,585. Insiders own 0.10% of the company’s stock.

Home Depot Stock Up 0.0 %

Shares of NYSE:HD opened at $414.53 on Friday. The company’s fifty day moving average is $407.14 and its 200-day moving average is $390.16. The company has a debt-to-equity ratio of 8.65, a quick ratio of 0.31 and a current ratio of 1.13. The Home Depot, Inc. has a 52 week low of $323.77 and a 52 week high of $439.37. The company has a market capitalization of $411.77 billion, a PE ratio of 28.16, a P/E/G ratio of 4.32 and a beta of 1.05.

Home Depot (NYSE:HD) last released its quarterly earnings results on Tuesday, November 12th. The home improvement retailer reported $3.78 EPS for the quarter, beating analysts’ consensus estimates of $3.64 by $0.14. Home Depot had a net margin of 9.45% and a return on equity of 452.60%. The firm had revenue of $40.22 billion for the quarter, compared to analyst estimates of $39.31 billion. During the same period in the previous year, the business earned $3.81 earnings per share. The company’s revenue for the quarter was up 6.6% compared to the same quarter last year. Equities research analysts predict that The Home Depot, Inc. will post 15.12 earnings per share for the current fiscal year.

Home Depot Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Wednesday, November 27th were given a $2.25 dividend. The ex-dividend date was Wednesday, November 27th. This represents a $9.00 annualized dividend and a yield of 2.17%. Home Depot’s payout ratio is 61.14%.

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.