Axa S.A. Raises Stock Holdings in The Home Depot, Inc. (NYSE:HD)

Market Beat
2025.05.04 10:22
portai
I'm PortAI, I can summarize articles.

Axa S.A. increased its stake in The Home Depot, Inc. (NYSE:HD) by 40.7% in Q4, owning 575,757 shares after acquiring an additional 166,472 shares. Home Depot represents 0.7% of Axa's portfolio, valued at approximately $223.96 million. Other hedge funds also raised their positions in Home Depot during the same period. The stock opened at $364.41, with a market cap of $362.24 billion and a P/E ratio of 24.76. Home Depot recently reported earnings of $3.13 per share, exceeding estimates, and announced a quarterly dividend increase to $2.30 per share.

Axa S.A. raised its position in shares of The Home Depot, Inc. (NYSE:HD - Free Report) by 40.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 575,757 shares of the home improvement retailer's stock after buying an additional 166,472 shares during the quarter. Home Depot comprises approximately 0.7% of Axa S.A.'s portfolio, making the stock its 24th biggest position. Axa S.A. owned 0.06% of Home Depot worth $223,964,000 at the end of the most recent quarter.

  • Should You Ditch Index Funds? Why High-Yield ETFs Might Be Better

A number of other hedge funds have also recently modified their holdings of HD. K.J. Harrison & Partners Inc raised its position in shares of Home Depot by 65.2% in the 4th quarter. K.J. Harrison & Partners Inc now owns 9,100 shares of the home improvement retailer's stock worth $3,535,000 after purchasing an additional 3,590 shares during the last quarter. Ashton Thomas Private Wealth LLC raised its holdings in Home Depot by 19.5% in the fourth quarter. Ashton Thomas Private Wealth LLC now owns 23,758 shares of the home improvement retailer's stock worth $9,242,000 after buying an additional 3,873 shares during the last quarter. Pensionfund Sabic lifted its stake in shares of Home Depot by 51.4% in the fourth quarter. Pensionfund Sabic now owns 11,200 shares of the home improvement retailer's stock worth $4,357,000 after buying an additional 3,800 shares in the last quarter. Wedmont Private Capital grew its holdings in shares of Home Depot by 12.5% during the fourth quarter. Wedmont Private Capital now owns 13,569 shares of the home improvement retailer's stock valued at $5,291,000 after buying an additional 1,506 shares during the last quarter. Finally, Disciplined Investors L.L.C. bought a new stake in shares of Home Depot during the fourth quarter valued at approximately $409,000. Institutional investors own 70.86% of the company's stock.

Home Depot Stock Performance

HD opened at $364.41 on Friday. The company has a 50 day simple moving average of $360.97 and a two-hundred day simple moving average of $390.53. The company has a debt-to-equity ratio of 8.65, a current ratio of 1.13 and a quick ratio of 0.31. The firm has a market cap of $362.24 billion, a P/E ratio of 24.76, a PEG ratio of 4.03 and a beta of 1.05. The Home Depot, Inc. has a 1-year low of $323.77 and a 1-year high of $439.37.

  • Lowe’s Pro Segment Boost: $1.3B Deal May Fuel Rebound

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

Home Depot Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were paid a dividend of $2.30 per share. This represents a $9.20 annualized dividend and a yield of 2.52%. The ex-dividend date was Thursday, March 13th. This is an increase from Home Depot's previous quarterly dividend of $2.25. Home Depot's dividend payout ratio (DPR) is 61.66%.

Analyst Upgrades and Downgrades

  • Home Depot Stock: Is Magic Apron a Gimmick or a Game Changer?

HD has been the topic of several recent analyst reports. Hsbc Global Res upgraded Home Depot from a "moderate sell" rating to a "hold" rating in a research note on Wednesday, February 26th. Wedbush reiterated an "outperform" rating and issued a $440.00 price objective on shares of Home Depot in a report on Wednesday, February 26th. JPMorgan Chase & Co. boosted their target price on Home Depot from $450.00 to $475.00 and gave the stock an "overweight" rating in a research report on Monday, February 10th. HSBC upgraded shares of Home Depot from a "reduce" rating to a "hold" rating and lifted their price target for the stock from $356.00 to $410.00 in a research note on Wednesday, February 26th. Finally, Telsey Advisory Group restated an "outperform" rating and set a $455.00 price objective on shares of Home Depot in a research report on Wednesday, February 26th. Ten research analysts have rated the stock with a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $434.08.

Check Out Our Latest Stock Analysis on HD

Home Depot Profile

(Free Report)

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.

Read More

  • Five stocks we like better than Home Depot
  • What Are Treasury Bonds?
  • Meta Takes A Bow With Q1 Earnings - Watch For Tariff Impact in Q2
  • How to trade penny stocks: A step-by-step guide
  • Amazon Earnings: 2 Reasons to Love It, 1 Reason to Be Cautious
  • What Does Downgrade Mean in Investing?
  • Palantir Earnings: 1 Bullish Signal and 1 Area of Concern

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Home Depot Right Now?

Before you consider Home Depot, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Home Depot wasn't on the list.

While Home Depot currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Source: Market Beat The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.