Atria Wealth Solutions Inc. Raises Stock Holdings in The Home Depot, Inc. (NYSE:HD)

Atria Wealth Solutions Inc. boosted its holdings in The Home Depot, Inc. (NYSE:HD) by 1.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 75,218 shares of the home improvement retailer’s stock after purchasing an additional 1,140 shares during the period. Atria Wealth Solutions Inc.’s holdings in Home Depot were worth $26,067,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Keener Financial Planning LLC bought a new position in Home Depot during the 4th quarter worth approximately $31,000. PFG Private Wealth Management LLC lifted its holdings in shares of Home Depot by 53.3% in the 4th quarter. PFG Private Wealth Management LLC now owns 92 shares of the home improvement retailer’s stock worth $32,000 after purchasing an additional 32 shares during the last quarter. Gilfoyle & Co LLC bought a new stake in shares of Home Depot in the 4th quarter worth approximately $35,000. Briaud Financial Planning Inc acquired a new stake in Home Depot in the 3rd quarter valued at approximately $41,000. Finally, Quantbot Technologies LP acquired a new stake in Home Depot in the 3rd quarter valued at approximately $64,000. Institutional investors own 70.86% of the company’s stock.

Analyst Ratings Changes

HD has been the topic of several analyst reports. HSBC restated a “reduce” rating and issued a $323.00 target price on shares of Home Depot in a research report on Wednesday, April 3rd. The Goldman Sachs Group raised their target price on Home Depot from $347.00 to $393.00 and gave the company a “buy” rating in a research report on Tuesday, February 13th. Telsey Advisory Group raised their target price on Home Depot from $335.00 to $360.00 and gave the company a “market perform” rating in a research report on Monday, April 1st. Evercore ISI lowered their target price on Home Depot from $420.00 to $415.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 16th. Finally, Stifel Nicolaus lifted their price target on Home Depot from $355.00 to $366.00 and gave the company a “hold” rating in a research report on Friday, February 16th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and nineteen have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $375.96.

Insider Transactions at Home Depot

In other news, EVP Timothy A. Hourigan sold 8,996 shares of the firm’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $368.74, for a total value of $3,317,185.04. Following the completion of the sale, the executive vice president now owns 75,799 shares of the company’s stock, valued at $27,950,123.26. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, EVP Timothy A. Hourigan sold 8,996 shares of Home Depot stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $368.74, for a total transaction of $3,317,185.04. Following the completion of the sale, the executive vice president now owns 75,799 shares of the company’s stock, valued at $27,950,123.26. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Edward P. Decker sold 35,987 shares of Home Depot stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $368.63, for a total value of $13,265,887.81. Following the sale, the chief executive officer now directly owns 107,731 shares of the company’s stock, valued at approximately $39,712,878.53. The disclosure for this sale can be found here. 0.10% of the stock is currently owned by insiders.

Home Depot Price Performance

Shares of NYSE HD traded down $6.11 during mid-day trading on Wednesday, reaching $332.89. The company had a trading volume of 4,027,485 shares, compared to its average volume of 3,358,525. The company has a current ratio of 1.35, a quick ratio of 0.40 and a debt-to-equity ratio of 40.94. The stock has a market cap of $329.90 billion, a PE ratio of 22.05, a P/E/G ratio of 2.24 and a beta of 0.98. The company has a 50-day moving average price of $365.90 and a two-hundred day moving average price of $340.46. The Home Depot, Inc. has a 1-year low of $274.26 and a 1-year high of $396.87.

Home Depot (NYSE:HD) last issued its earnings results on Tuesday, February 20th. The home improvement retailer reported $2.82 EPS for the quarter, topping the consensus estimate of $2.77 by $0.05. The business had revenue of $34.79 billion during the quarter, compared to analysts’ expectations of $34.64 billion. Home Depot had a return on equity of 1,452.22% and a net margin of 9.92%. Home Depot’s revenue was down 2.9% compared to the same quarter last year. During the same quarter last year, the firm posted $3.30 earnings per share. On average, equities analysts anticipate that The Home Depot, Inc. will post 15.37 earnings per share for the current year.

Home Depot Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Stockholders of record on Thursday, March 7th were given a $2.25 dividend. This represents a $9.00 annualized dividend and a dividend yield of 2.70%. The ex-dividend date of this dividend was Wednesday, March 6th. This is a boost from Home Depot’s previous quarterly dividend of $2.09. Home Depot’s dividend payout ratio (DPR) is 59.60%.

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.