The Home Depot, Inc. (NYSE:HD) Shares Acquired by Callahan Advisors LLC

Callahan Advisors LLC grew its holdings in The Home Depot, Inc. (NYSE:HD - Free Report) by 109.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,286 shares of the home improvement retailer's stock after purchasing an additional 4,337 shares during the quarter. Callahan Advisors LLC's holdings in Home Depot were worth $3,223,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Pegasus Asset Management Inc. increased its holdings in shares of Home Depot by 1.8% during the 3rd quarter. Pegasus Asset Management Inc. now owns 4,994 shares of the home improvement retailer's stock worth $2,024,000 after buying an additional 86 shares during the last quarter. Pensionfund Sabic increased its holdings in Home Depot by 51.4% in the 4th quarter. Pensionfund Sabic now owns 11,200 shares of the home improvement retailer's stock valued at $4,357,000 after purchasing an additional 3,800 shares during the last quarter. Swedbank AB increased its holdings in Home Depot by 17.1% in the 3rd quarter. Swedbank AB now owns 909,530 shares of the home improvement retailer's stock valued at $368,542,000 after purchasing an additional 132,967 shares during the last quarter. Wedmont Private Capital increased its holdings in Home Depot by 12.5% in the 4th quarter. Wedmont Private Capital now owns 13,569 shares of the home improvement retailer's stock valued at $5,291,000 after purchasing an additional 1,506 shares during the last quarter. Finally, Johnson & White Wealth Management LLC acquired a new stake in Home Depot in the 4th quarter valued at approximately $1,793,000. 70.86% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

HD has been the subject of several research reports. Telsey Advisory Group reiterated an "outperform" rating and issued a $455.00 target price on shares of Home Depot in a report on Thursday. Stifel Nicolaus lifted their target price on shares of Home Depot from $375.00 to $400.00 and gave the company a "hold" rating in a report on Monday, November 11th. Bank of America lifted their target price on shares of Home Depot from $425.00 to $450.00 and gave the company a "buy" rating in a report on Wednesday, November 13th. Barclays boosted their price target on shares of Home Depot from $372.00 to $420.00 and gave the stock an "overweight" rating in a research note on Tuesday, November 5th. Finally, Truist Financial upped their price objective on Home Depot from $465.00 to $467.00 and gave the stock a "buy" rating in a research report on Tuesday, February 11th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and twenty-one have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $433.44.

Home Depot Stock Performance

HD traded down $9.82 during trading on Friday, hitting $384.82. 5,284,208 shares of the stock were exchanged, compared to its average volume of 3,076,670. The firm has a market capitalization of $382.26 billion, a P/E ratio of 26.14, a PEG ratio of 4.04 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. The stock has a fifty day moving average price of $402.77 and a two-hundred day moving average price of $397.00. The company has a quick ratio of 0.31, a current ratio of 1.13 and a debt-to-equity ratio of 8.65.

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.