Schwarz Dygos Wheeler Investment Advisors LLC Has $1.72 Million Stock Holdings in The Home Depot, Inc. (NYSE:HD)

Schwarz Dygos Wheeler Investment Advisors LLC boosted its position in shares of The Home Depot, Inc. (NYSE:HD) by 3.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,419 shares of the home improvement retailer’s stock after purchasing an additional 167 shares during the quarter. Schwarz Dygos Wheeler Investment Advisors LLC’s holdings in Home Depot were worth $1,719,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. SYM FINANCIAL Corp raised its position in shares of Home Depot by 17.8% during the third quarter. SYM FINANCIAL Corp now owns 1,917 shares of the home improvement retailer’s stock worth $777,000 after purchasing an additional 289 shares during the period. Swedbank AB increased its stake in Home Depot by 17.1% during the 3rd quarter. Swedbank AB now owns 909,530 shares of the home improvement retailer’s stock worth $368,542,000 after purchasing an additional 132,967 shares in the last quarter. Principal Financial Group Inc. raised its holdings in Home Depot by 10.7% during the 3rd quarter. Principal Financial Group Inc. now owns 1,471,223 shares of the home improvement retailer’s stock worth $596,140,000 after buying an additional 141,915 shares during the period. Fiera Capital Corp lifted its stake in Home Depot by 63.4% in the third quarter. Fiera Capital Corp now owns 12,749 shares of the home improvement retailer’s stock valued at $5,166,000 after buying an additional 4,948 shares in the last quarter. Finally, United Bank boosted its holdings in shares of Home Depot by 4.2% in the third quarter. United Bank now owns 4,458 shares of the home improvement retailer’s stock valued at $1,806,000 after buying an additional 181 shares during the period. Institutional investors own 70.86% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on HD shares. Stifel Nicolaus boosted their price objective on shares of Home Depot from $375.00 to $400.00 and gave the company a “hold” rating in a research report on Monday, November 11th. JPMorgan Chase & Co. boosted their price target on Home Depot from $450.00 to $475.00 and gave the company an “overweight” rating in a report on Monday, February 10th. HSBC upgraded Home Depot from a “reduce” rating to a “hold” rating and increased their price objective for the stock from $356.00 to $410.00 in a report on Wednesday, February 26th. Truist Financial cut their target price on Home Depot from $467.00 to $437.00 and set a “buy” rating on the stock in a research note on Wednesday, February 26th. Finally, Bank of America raised their price target on shares of Home Depot from $425.00 to $450.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th. Nine research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $436.50.

Home Depot Trading Down 1.3 %

HD stock opened at $376.66 on Monday. The Home Depot, Inc. has a one year low of $323.77 and a one year high of $439.37. The stock has a market cap of $374.16 billion, a price-to-earnings ratio of 25.59, a price-to-earnings-growth ratio of 4.03 and a beta of 1.09. The company has a fifty day moving average price of $400.21 and a two-hundred day moving average price of $400.02. The company has a debt-to-equity ratio of 8.65, a current ratio of 1.13 and a quick ratio of 0.31.

Home Depot (NYSE:HD) last announced its earnings results on Tuesday, February 25th. The home improvement retailer reported $3.13 EPS for the quarter, topping the consensus estimate of $3.04 by $0.09. Home Depot had a net margin of 9.45% and a return on equity of 452.60%. The business had revenue of $39.70 billion during the quarter, compared to the consensus estimate of $39.15 billion. During the same quarter in the previous year, the firm posted $2.82 EPS. Home Depot’s revenue was up 14.1% compared to the same quarter last year. Equities analysts anticipate that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be given a $2.30 dividend. This is an increase from Home Depot’s previous quarterly dividend of $2.25. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $9.20 annualized dividend and a dividend yield of 2.44%. Home Depot’s dividend payout ratio is presently 61.66%.

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.