New York State Common Retirement Fund Has $508.16 Million Holdings in The Home Depot, Inc. (NYSE:HD)

New York State Common Retirement Fund lessened its holdings in The Home Depot, Inc. (NYSE:HD - Free Report) by 0.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,306,347 shares of the home improvement retailer's stock after selling 7,543 shares during the period. Home Depot comprises approximately 0.7% of New York State Common Retirement Fund's holdings, making the stock its 21st biggest holding. New York State Common Retirement Fund owned about 0.13% of Home Depot worth $508,156,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in HD. AMF Tjanstepension AB increased its stake in Home Depot by 10.8% during the 3rd quarter. AMF Tjanstepension AB now owns 171,005 shares of the home improvement retailer's stock worth $69,340,000 after buying an additional 16,650 shares during the period. SYM FINANCIAL Corp grew its holdings in Home Depot by 17.8% during the 3rd quarter. SYM FINANCIAL Corp now owns 1,917 shares of the home improvement retailer's stock worth $777,000 after acquiring an additional 289 shares in the last quarter. Wealth Group Ltd. acquired a new position in Home Depot during the 3rd quarter worth $217,000. Swedbank AB grew its holdings 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 acquiring an additional 132,967 shares in the last quarter. Finally, Trilogy Capital Inc. grew its holdings in Home Depot by 1.5% during the 3rd quarter. Trilogy Capital Inc. now owns 2,910 shares of the home improvement retailer's stock worth $1,179,000 after acquiring an additional 43 shares in the last quarter. Hedge funds and other institutional investors own 70.86% of the company's stock.

Home Depot Price Performance

Shares of HD stock traded down $9.82 during midday trading on Friday, reaching $384.82. 5,284,208 shares of the company were exchanged, compared to its average volume of 3,076,670. The Home Depot, Inc. has a 12 month low of $323.77 and a 12 month high of $439.37. The company has a market cap of $382.26 billion, a P/E ratio of 26.14, a PEG ratio of 4.04 and a beta of 1.05. The company's 50 day moving average price is $402.77 and its two-hundred day moving average price is $397.00. The company has a debt-to-equity ratio of 8.65, a quick ratio of 0.31 and a current ratio of 1.13.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. DA Davidson raised their price objective on shares of Home Depot from $430.00 to $466.00 and gave the stock a "buy" rating in a report on Friday, October 25th. TD Cowen raised their price objective on shares of Home Depot from $440.00 to $460.00 and gave the stock a "buy" rating in a report on Monday, October 28th. Barclays raised their price objective on shares of Home Depot from $372.00 to $420.00 and gave the stock an "overweight" rating in a report on Tuesday, November 5th. Bank of America lifted their price target 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. Finally, 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 report on Tuesday, February 11th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and twenty-one have given a buy rating to the company's stock. Based on data from MarketBeat, Home Depot presently has an average rating of "Moderate Buy" and a consensus price target of $433.44.

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.