The Home Depot, Inc. (NYSE:HD) Shares Bought by Global Retirement Partners LLC

Global Retirement Partners LLC grew its stake in The Home Depot, Inc. (NYSE:HD - Free Report) by 3.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 35,353 shares of the home improvement retailer's stock after purchasing an additional 1,067 shares during the quarter. Global Retirement Partners LLC's holdings in Home Depot were worth $13,752,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of HD. Geode Capital Management LLC grew its holdings in shares of Home Depot by 2.0% during the third quarter. Geode Capital Management LLC now owns 21,700,427 shares of the home improvement retailer's stock worth $8,767,449,000 after buying an additional 433,126 shares in the last quarter. Fisher Asset Management LLC raised its holdings in Home Depot by 2.2% in the 3rd quarter. Fisher Asset Management LLC now owns 9,426,649 shares of the home improvement retailer's stock valued at $3,819,679,000 after acquiring an additional 205,954 shares during the last quarter. International Assets Investment Management LLC lifted its stake in Home Depot by 51,250.1% in the 3rd quarter. International Assets Investment Management LLC now owns 8,779,833 shares of the home improvement retailer's stock worth $35,575,880,000 after purchasing an additional 8,762,735 shares in the last quarter. FMR LLC boosted its holdings in shares of Home Depot by 10.1% during the 3rd quarter. FMR LLC now owns 8,679,237 shares of the home improvement retailer's stock worth $3,516,827,000 after purchasing an additional 795,438 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Home Depot by 5.4% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,030,483 shares of the home improvement retailer's stock valued at $3,253,952,000 after purchasing an additional 409,890 shares in the last quarter. Hedge funds and other institutional investors own 70.86% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have commented on HD shares. Bank of America lifted their target price 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. Truist Financial lifted their price target on shares of Home Depot from $465.00 to $467.00 and gave the company a "buy" rating in a research report on Tuesday, February 11th. Stifel Nicolaus increased their target price on Home Depot from $375.00 to $400.00 and gave the stock a "hold" rating in a research note on Monday, November 11th. TD Cowen lifted their target price on Home Depot from $440.00 to $460.00 and gave the company a "buy" rating in a research report on Monday, October 28th. Finally, Royal Bank of Canada increased their price target on shares of Home Depot from $363.00 to $413.00 and gave the stock a "sector perform" rating in a research report on Monday, November 11th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and twenty-one have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Home Depot presently has an average rating of "Moderate Buy" and an average price target of $433.44.

Home Depot Price Performance

Shares of NYSE HD traded down $9.48 during trading on Friday, reaching $385.17. The company had a trading volume of 2,753,496 shares, compared to its average volume of 2,987,616. The company has a current ratio of 1.13, a quick ratio of 0.31 and a debt-to-equity ratio of 8.65. The Home Depot, Inc. has a twelve month low of $323.77 and a twelve month high of $439.37. The stock has a 50-day moving average price of $402.77 and a two-hundred day moving average price of $397.00. The stock has a market capitalization of $382.61 billion, a PE ratio of 26.14, a price-to-earnings-growth ratio of 4.04 and a beta of 1.05.

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.