Cozad Asset Management Inc. Trims Stock Holdings in The Home Depot, Inc. $HD

Cozad Asset Management Inc. decreased its position in The Home Depot, Inc. (NYSE:HD) by 9.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,520 shares of the home improvement retailer’s stock after selling 1,994 shares during the quarter. Cozad Asset Management Inc.’s holdings in Home Depot were worth $7,909,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Financially Speaking Inc purchased a new position in Home Depot during the 3rd quarter valued at about $31,000. Sagard Holdings Management Inc. bought a new position in shares of Home Depot during the second quarter valued at approximately $29,000. LFA Lugano Financial Advisors SA purchased a new position in shares of Home Depot during the second quarter valued at approximately $32,000. Dougherty Wealth Advisers LLC bought a new stake in shares of Home Depot in the 3rd quarter worth approximately $38,000. Finally, AXS Investments LLC purchased a new stake in shares of Home Depot in the 3rd quarter worth approximately $38,000. Institutional investors own 70.86% of the company’s stock.

Insider Buying and Selling at Home Depot

In related news, EVP Ann Marie Campbell sold 145 shares of Home Depot stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $358.26, for a total value of $51,947.70. Following the completion of the sale, the executive vice president owned 12,320 shares of the company’s stock, valued at $4,413,763.20. The trade was a 1.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Angie Brown sold 1,946 shares of the company’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $357.63, for a total value of $695,947.98. Following the sale, the executive vice president owned 3,941 shares of the company’s stock, valued at approximately $1,409,419.83. This trade represents a 33.06% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 4,963 shares of company stock worth $1,748,845. Insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

HD has been the subject of a number of recent research reports. Guggenheim lowered their price objective on Home Depot from $450.00 to $400.00 and set a “buy” rating for the company in a research note on Thursday, November 20th. Zacks Research raised Home Depot from a “strong sell” rating to a “hold” rating in a research note on Monday, February 9th. UBS Group set a $430.00 price target on Home Depot in a research report on Wednesday, December 10th. TD Cowen upped their price target on shares of Home Depot from $410.00 to $450.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. Finally, Argus reduced their price objective on shares of Home Depot from $450.00 to $425.00 and set a “buy” rating for the company in a research note on Thursday, November 20th. Twenty-one research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Home Depot currently has an average rating of “Moderate Buy” and a consensus target price of $410.53.

Home Depot Price Performance

Shares of NYSE:HD opened at $384.66 on Wednesday. The Home Depot, Inc. has a fifty-two week low of $326.31 and a fifty-two week high of $426.75. The business has a 50-day simple moving average of $370.27 and a two-hundred day simple moving average of $380.12. The company has a debt-to-equity ratio of 3.82, a quick ratio of 0.29 and a current ratio of 1.05. The firm has a market cap of $382.93 billion, a price-to-earnings ratio of 26.22, a price-to-earnings-growth ratio of 13.49 and a beta of 1.08.

Home Depot (NYSE:HD) last announced its quarterly earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.52 by $0.20. Home Depot had a net margin of 8.77% and a return on equity of 160.74%. The firm had revenue of $38.20 billion for the quarter, compared to the consensus estimate of $38.01 billion. During the same quarter last year, the firm posted $3.13 EPS. The business’s quarterly 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. On average, analysts expect that The Home Depot, Inc. will post 15.13 earnings per share for the current year.

Home Depot Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th will be given a $2.33 dividend. This is a boost from Home Depot’s previous quarterly dividend of $2.30. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $9.32 dividend on an annualized basis and a yield of 2.4%. Home Depot’s payout ratio is presently 62.71%.

Trending Headlines about Home Depot

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

• Positive Sentiment: Q4 earnings beat and revenue slightly above expectations — adjusted EPS of $2.72 topped estimates and revenue of $38.2B edged past the street, driven by modest comparable-sales improvement and margin gains. CNBC: Home Depot beats
• Positive Sentiment: Dividend raised and dividend-case momentum — company increased its quarterly payout (1.3%) and MarketBeat highlights growing institutional accumulation and dividend-investor interest that can support multiple and lower volatility over time. PR Newswire: Dividend & results MarketBeat: Accumulation
• Positive Sentiment: Business mix resilience — Home Depot’s professional (B2B) and contractor business is a growing share of sales (nearer to 50%), helping offset weaker DIY demand and making revenue less cyclical. PYMNTS: B2B share
• Positive Sentiment: Analyst support — at least one shop (DA Davidson) raised its price target significantly and reiterated a buy view, signaling confidence from some sell‑side desks. The Fly: Price target raise
• Neutral Sentiment: Company backed FY26 guidance but it’s conservative — FY26 EPS range was given (14.230–14.799), with the midpoint a touch below consensus; management kept outlook steady rather than upgrading it. MarketBeat: Guidance
• Neutral Sentiment: Mixed analyst tone and peer comparison — some outlets praise HD’s stability, while others point to Lowe’s as a potentially cheaper/stronger short‑term trade; analysts’ price targets remain dispersed. Barron’s: Lowe’s comparison
• Negative Sentiment: Sales decline and housing weakness — total revenue fell ~3.8% YoY, management described a “frozen” housing environment and said homeowners are delaying big projects due to affordability and job worries, which dampens the demand outlook. NYT: Homeowners wary Seeking Alpha: Frozen housing
• Negative Sentiment: Margins and income compression — income contracted and adjusted EPS declined vs. last year (partly due to calendar effects), so earnings quality questions and slower topline growth are risks until housing activity recovers. Zacks: Sales miss context

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.