Foster Group 13F: Adds $1.4M to The Home Depot (HD) Stake

Foster Group has significantly increased its stake in The Home Depot, Inc. (NYSE: HD), according to its latest 13F filing with the SEC. The fund added 4,951 shares, boosting its holdings by 222.8% to a total of 7,173 shares, valued at approximately $2.04 million. This filing reflects holdings as of the end of the reporting period and may not represent the fund's current position.

What Changed in Foster Group's The Home Depot Position

Foster Group's decision to increase its stake in The Home Depot by 222.8% resulted in a total of 7,173 shares held, up from 2,222 shares previously. The added 4,951 shares reflect a strong show of confidence in the home improvement giant, with the total position valued at around $2.04 million.

The Home Depot, Inc. Stock Up 4.7%

Shares of NYSE:HD were trading around their previous close of $299.98 as of the last available data. The Home Depot boasts a market capitalization of $296.5 billion and a P/E ratio of 20.81, indicating its valuation relative to earnings. The stock has a 52-week range between $289.10 and $413.73. Its 50-day moving average is $330.76, while the 200-day moving average is $341.90. The company maintains a current ratio of 1.08 and a quick ratio of 0.26, with a debt-to-equity ratio of 380.26, reflecting its financial leverage.

Recent Earnings

The Home Depot reported revenue of $169.18 billion, with a modest growth of 5.7%. Its net margin stands at 8.41%, and it boasts a return on equity of 104.3%. The next earnings report is scheduled for November 17, 2026, which will provide further insights into its financial health.

Dividend

The Home Depot offers an annual dividend rate of $9.32 per share, yielding 3.11% based on its stock price. The dividend payout ratio is 64.8%, indicating the proportion of earnings distributed as dividends to shareholders.

About The Home Depot

The Home Depot, Inc., headquartered in Atlanta, Georgia, is a leading home improvement retailer operating in the United States and internationally. The company sells a wide range of building materials, home improvement products, and lawn and garden supplies. It also provides installation services and tool rental options, catering to both DIY homeowners and professional contractors. Under the leadership of CEO Edward P. Decker, The Home Depot employs approximately 470,000 people.

Bottom Line

Foster Group's significant increase in its stake in The Home Depot suggests confidence in the company's future prospects. Investors keep an eye on such 13F filings to gauge institutional sentiment, although these filings are backward-looking. With a strong market presence and upcoming earnings, The Home Depot remains a key player in the home improvement sector.