Shrier Wealth Management LLC acquired a new position in The Home Depot, Inc. (NYSE:HD – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,732 shares of the home improvement retailer’s stock, valued at approximately $940,000.
Several other institutional investors also recently bought and sold shares of HD. Silphium Asset Management Ltd raised its holdings in Home Depot by 77.2% in the third quarter. Silphium Asset Management Ltd now owns 13,544 shares of the home improvement retailer’s stock worth $5,488,000 after purchasing an additional 5,900 shares in the last quarter. Truist Financial Corp lifted its position in shares of Home Depot by 0.3% during the third quarter. Truist Financial Corp now owns 1,095,113 shares of the home improvement retailer’s stock valued at $443,729,000 after buying an additional 3,608 shares during the last quarter. Asset Management One Co. Ltd. boosted its holdings in shares of Home Depot by 2.3% in the 3rd quarter. Asset Management One Co. Ltd. now owns 534,564 shares of the home improvement retailer’s stock valued at $216,600,000 after buying an additional 12,239 shares in the last quarter. Atlantic Union Bankshares Corp boosted its holdings in shares of Home Depot by 59.9% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 107,438 shares of the home improvement retailer’s stock valued at $43,533,000 after buying an additional 40,232 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new position in shares of Home Depot in the 3rd quarter worth approximately $1,888,000. 70.86% of the stock is currently owned by hedge funds and other institutional investors.
Home Depot News Summary
Here are the key news stories impacting Home Depot this week:
- Positive Sentiment: Home Depot named Dr. Franziska “Fran” Bell as EVP and Chief Technology Officer to lead technology, product, data and AI — a move investors view as a catalyst for customer experience improvements and operational efficiencies that can boost margins over time. Home Depot sets sights on AI with CTO appointment
- Positive Sentiment: Coverage and commentary (TipRanks) highlight the new CTO hire as a tangible reason for investor enthusiasm — framing AI-driven, “behind-the-scenes” tech improvements as supportive of long-term same-store sales and cost efficiency. “Busy Behind the Scenes Making Your Life Easier,” Home Depot Stock (NYSE:HD) Gains With New Hire
- Positive Sentiment: Evercore trimmed its price target slightly to $415 (from $425) but kept an Outperform rating, leaving meaningful upside in the view of that analyst — a supportive signal that helps underpin the stock despite the modest PT cut. Evercore Inc lowers PT to $415, maintains outperform
- Neutral Sentiment: Home Depot expanded its online assortment via an agreement to carry AXIL Brands’ hearing-protection products on HomeDepot.com — a small, incremental boost to non-core category breadth and online sales. AXIL Brands Launches AXIL Hearing Protection Products at HomeDepot Online
- Neutral Sentiment: MarketWatch noted Home Depot stock rose but still underperformed the market — a reminder that short-term momentum is mixed even as strategic moves attract attention. Home Depot Inc. stock rises Tuesday, still underperforms market
- Negative Sentiment: Analyst commentary (Zacks) flags a slowdown in big?ticket projects — repairs are driving modest growth while remodel activity remains weak due to high rates and low housing turnover, posing downside risk to sales and margins if the trend persists. Home Depot Faces Big-Ticket Slowdown: Temporary or Trend?
- Negative Sentiment: RH’s sharp Q4 miss and sector weakness (RH stock down 17%) may weigh on investor sentiment for home improvement/retail peers, increasing caution around discretionary spending trends and demand visibility. RH Q4 Earnings Lag Estimates, Revenues Up Y/Y, Stock Down 17%
Insider Buying and Selling at Home Depot
Home Depot Stock Performance
Shares of Home Depot stock opened at $330.00 on Thursday. The firm has a market capitalization of $328.69 billion, a P/E ratio of 23.19, a PEG ratio of 3.59 and a beta of 1.09. The company has a quick ratio of 0.26, a current ratio of 1.06 and a debt-to-equity ratio of 3.62. The company has a 50 day moving average price of $363.47 and a 200 day moving average price of $369.04. The Home Depot, Inc. has a 52 week low of $320.26 and a 52 week high of $426.75.
Home Depot (NYSE:HD – Get Free Report) last released its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, topping the consensus estimate of $2.52 by $0.20. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The company had revenue of $38.20 billion for the quarter, compared to the consensus estimate of $38.01 billion. During the same quarter in the previous year, the firm earned $3.13 EPS. Home Depot’s revenue was down 3.8% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Sell-side analysts expect that The Home Depot, Inc. will post 15.13 EPS for the current year.
Home Depot Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th were paid a dividend of $2.33 per share. The ex-dividend date was Thursday, March 12th. This is an increase from Home Depot’s previous quarterly dividend of $2.30. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. Home Depot’s payout ratio is presently 65.50%.
Analyst Ratings Changes
HD has been the subject of several recent analyst reports. Citigroup boosted their price objective on shares of Home Depot from $407.00 to $450.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Sanford C. Bernstein raised their target price on shares of Home Depot from $381.00 to $390.00 and gave the company a “market perform” rating in a research note on Wednesday, February 25th. Gordon Haskett lifted their price target on shares of Home Depot from $330.00 to $370.00 and gave the stock a “hold” rating in a report on Wednesday, February 11th. UBS Group reaffirmed an “outperform” rating on shares of Home Depot in a research report on Tuesday, March 24th. Finally, Piper Sandler decreased their price objective on Home Depot from $441.00 to $422.00 and set an “overweight” rating for the company in a report on Monday, February 23rd. Twenty research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $414.17.
Check Out Our Latest Research Report on HD
About Home Depot
The Home Depot, Inc (NYSE: HD) is a leading home improvement retailer that operates large-format stores and an integrated online platform offering a broad range of products and services for do-it-yourself consumers, professional contractors and businesses. The company was founded in 1978 by Bernard Marcus and Arthur Blank and is headquartered in Atlanta, Georgia. Since opening its first stores at the end of the 1970s, Home Depot has grown into a multinational retailer known for its orange-branded stores and wide assortment of home improvement merchandise.
Home Depot’s core business includes the sale of building materials, lumber, tools, hardware, appliances, paint, plumbing and electrical supplies, lawn and garden products, and home décor.
Recommended Stories
Want to see what other hedge funds are holding HD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Home Depot, Inc. (NYSE:HD – Free Report).
Receive News & Ratings for Home Depot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Depot and related companies with MarketBeat.com's FREE daily email newsletter.
