Rathbones Group PLC Raises Stock Holdings in The Home Depot, Inc. $HD

Rathbones Group PLC grew its position in shares of The Home Depot, Inc. (NYSE:HD) by 5.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 616,651 shares of the home improvement retailer’s stock after buying an additional 33,830 shares during the quarter. Rathbones Group PLC’s holdings in Home Depot were worth $212,190,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the company. Arcus Capital Partners LLC lifted its holdings in Home Depot by 1.1% during the 3rd quarter. Arcus Capital Partners LLC now owns 2,445 shares of the home improvement retailer’s stock worth $991,000 after buying an additional 27 shares during the last quarter. Westfuller Advisors LLC lifted its holdings in Home Depot by 2.1% during the 4th quarter. Westfuller Advisors LLC now owns 1,325 shares of the home improvement retailer’s stock worth $456,000 after buying an additional 27 shares during the last quarter. Darwin Wealth Management LLC lifted its holdings in Home Depot by 0.5% during the 4th quarter. Darwin Wealth Management LLC now owns 4,949 shares of the home improvement retailer’s stock worth $1,703,000 after buying an additional 27 shares during the last quarter. Alesco Advisors LLC lifted its holdings in Home Depot by 3.2% during the 4th quarter. Alesco Advisors LLC now owns 866 shares of the home improvement retailer’s stock worth $298,000 after buying an additional 27 shares during the last quarter. Finally, Canandaigua National Trust Co of Florida lifted its holdings in Home Depot by 1.3% during the 4th quarter. Canandaigua National Trust Co of Florida now owns 2,178 shares of the home improvement retailer’s stock worth $749,000 after buying an additional 27 shares during the last quarter. Institutional investors own 70.86% of the company’s stock.

Insider Buying and Selling

In related news, CFO Richard V. Mcphail sold 2,550 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $368.89, for a total value of $940,669.50. Following the sale, the chief financial officer directly owned 44,566 shares in the company, valued at $16,439,951.74. This trade represents a 5.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.08% of the stock is currently owned by corporate insiders.

Home Depot Trading Up 2.7%

Shares of NYSE HD opened at $310.66 on Thursday. The company has a market cap of $309.42 billion, a price-to-earnings ratio of 22.06, a price-to-earnings-growth ratio of 3.49 and a beta of 1.00. The Home Depot, Inc. has a 12-month low of $289.10 and a 12-month high of $426.75. The company has a current ratio of 1.04, a quick ratio of 0.26 and a debt-to-equity ratio of 3.23. The stock’s 50 day simple moving average is $328.56 and its 200 day simple moving average is $352.55.

Home Depot (NYSE:HD) last announced its quarterly earnings results on Tuesday, May 19th. The home improvement retailer reported $3.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.41 by $0.02. The business had revenue of $41.77 billion for the quarter, compared to the consensus estimate of $41.59 billion. Home Depot had a return on equity of 117.24% and a net margin of 8.41%.The business’s revenue was up 4.8% on a year-over-year basis. During the same quarter last year, the business posted $3.56 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Equities research analysts expect that The Home Depot, Inc. will post 15.01 EPS for the current year.

Home Depot Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were given a $2.33 dividend. The ex-dividend date was Thursday, March 12th. This represents a $9.32 annualized dividend and a yield of 3.0%. This is an increase from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s payout ratio is 65.50%.

Analysts Set New Price Targets

A number of research analysts have commented on HD shares. Guggenheim reaffirmed a “buy” rating and set a $425.00 target price on shares of Home Depot in a report on Wednesday. Mizuho reduced their target price on Home Depot from $415.00 to $385.00 and set an “outperform” rating on the stock in a report on Wednesday. Royal Bank Of Canada reduced their target price on Home Depot from $377.00 to $340.00 and set a “sector perform” rating on the stock in a report on Wednesday. Gordon Haskett cut their price target on Home Depot from $330.00 to $320.00 and set a “hold” rating on the stock in a report on Tuesday. Finally, Piper Sandler cut their price target on Home Depot from $422.00 to $421.00 and set an “overweight” rating on the stock in a report on Wednesday. Twenty research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $372.29.

Key Home Depot News

Here are the key news stories impacting Home Depot this week:

• Positive Sentiment: Home Depot beat Q1 expectations, posting EPS of $3.43 versus estimates of $3.41 and revenue of $41.77 billion versus $41.59 billion expected, which reassured investors that demand is holding up better than feared. Reuters: Home Depot beats quarterly sales estimates on steady demand
• Positive Sentiment: The company reaffirmed FY2026 guidance, signaling management confidence despite housing headwinds and high borrowing costs. Yahoo Finance: Home Depot Beats a Lowered Bar as the American Homeowner Defers
• Positive Sentiment: Management said Pro demand, digital growth, and distribution expansion are helping offset weakness in big-ticket projects, suggesting the business mix is becoming more resilient. Yahoo Finance: HD Q1 Earnings Call Highlights Pro Push, Steady Outlook
• Neutral Sentiment: Several analysts cut price targets after the report, but most kept constructive ratings, indicating valuation has reset without a major change in long-term sentiment. Benzinga: These Analysts Cut Their Forecasts On Home Depot After Q1 Results
• Negative Sentiment: Underlying profitability softened as net earnings fell 4.2% year over year, reinforcing concerns that costs are rising faster than sales. Retail Insight Network: Home Depot Q1 profit falls as cost growth outpaces revenue
• Negative Sentiment: The housing market remains sluggish, with commentary pointing to delayed big projects and weak turnover, which could limit upside if demand does not improve. Zacks: Home Depot vs. Lowe’s Stock: Same Housing Headwinds, Different Strategies

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.