Aster Capital Management DIFC Ltd Acquires Shares of 6,696 The Home Depot, Inc. $HD

Aster Capital Management DIFC Ltd bought a new stake in The Home Depot, Inc. (NYSE:HD) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 6,696 shares of the home improvement retailer’s stock, valued at approximately $2,713,000. Home Depot accounts for 1.4% of Aster Capital Management DIFC Ltd’s investment portfolio, making the stock its 7th biggest holding.

Several other hedge funds have also recently modified their holdings of the stock. Handelsbanken Fonder AB lifted its stake in Home Depot by 23.9% in the 3rd quarter. Handelsbanken Fonder AB now owns 534,106 shares of the home improvement retailer’s stock valued at $216,414,000 after buying an additional 103,062 shares in the last quarter. Generali Investments Management Co LLC raised its holdings in shares of Home Depot by 7.1% during the third quarter. Generali Investments Management Co LLC now owns 7,593 shares of the home improvement retailer’s stock valued at $3,077,000 after acquiring an additional 502 shares during the last quarter. TIAA Trust National Association lifted its position in shares of Home Depot by 23.7% in the third quarter. TIAA Trust National Association now owns 120,475 shares of the home improvement retailer’s stock valued at $48,816,000 after acquiring an additional 23,089 shares in the last quarter. Whalerock Point Partners LLC lifted its position in shares of Home Depot by 1.8% in the third quarter. Whalerock Point Partners LLC now owns 18,797 shares of the home improvement retailer’s stock valued at $7,616,000 after acquiring an additional 326 shares in the last quarter. Finally, IAG Wealth Partners LLC boosted its stake in shares of Home Depot by 3.1% in the third quarter. IAG Wealth Partners LLC now owns 1,026 shares of the home improvement retailer’s stock worth $416,000 after acquiring an additional 31 shares during the last quarter. Institutional investors and hedge funds own 70.86% of the company’s stock.

More Home Depot News

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

• Positive Sentiment: Q4 results beat consensus and Pro momentum: Home Depot topped Q4 estimates on EPS and emphasized that Pro/commercial customers are sustaining sales even as DIY demand softens. Home Depot shares rise as quarterly earnings clear a cautious Wall Street bar
• Positive Sentiment: Pro ecosystem resilience: industry coverage highlights Home Depot’s expanding Pro-focused services and SRS integration as a durable revenue source versus cyclical homeowner spending. Home Depot’s Pro Ecosystem Shows Resilience in Soft Market
• Positive Sentiment: Dividend increase and falling short interest add support: the board raised the quarterly payout (small raise) and short interest dropped, removing some downside pressure from forced covering. (Company release / market data)
• Neutral Sentiment: Analyst reactions are mixed-but-lean-bullish: many firms raised price targets and some upgraded ratings after the quarter, giving the stock a valuation tailwind even as others remain cautious. UBS Group Issues Positive Forecast for Home Depot (NYSE:HD) Stock Price
• Neutral Sentiment: Retail-sector context: broader retail earnings trends show mixed signals—Home Depot anchors a stronger retail print, but sustaining that momentum into 2026 depends on housing and rates. Zacks Earnings Trends Highlights: Walmart, Home Depot and Amazon
• Negative Sentiment: Guidance and sector jitters from peers: cautious forward commentary (including from Lowe’s) revived worries that high rates and low housing turnover will keep large discretionary projects muted—a key reason for recent selling pressure. Home Depot slides 3.2% as home-improvement outlook jitters return after rival’s cautious guidance
• Negative Sentiment: Management tone and consumer caution: CEO comments that some customers “are not investing” underscore persistent affordability headwinds that could limit a quick recovery in big-ticket remodeling. Home Depot CEO flags a disconcerting lack of faith in the American economy
• Negative Sentiment: Short-term sentiment noise: media/TV commentary (e.g., Jim Cramer) and profit-taking after the earnings pop have amplified intraday selling despite the beat—a behavioral factor rather than new fundamentals. Jim Cramer Wonders Why People Are Selling Home Depot (HD) Shares

Home Depot Stock Down 0.1%

Shares of NYSE:HD opened at $375.02 on Friday. The company has a market capitalization of $373.34 billion, a price-to-earnings ratio of 26.35, a PEG ratio of 13.49 and a beta of 1.08. The Home Depot, Inc. has a 12-month low of $326.31 and a 12-month high of $426.75. The business has a 50-day moving average price of $371.05 and a 200 day moving average price of $380.05. The company has a current ratio of 1.06, a quick ratio of 0.29 and a debt-to-equity ratio of 3.62.

Home Depot (NYSE:HD) last announced 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 during the quarter, compared to analyst estimates of $38.01 billion. During the same quarter last year, the firm posted $3.13 earnings per share. 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 announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be issued a $2.33 dividend. This is a boost from Home Depot’s previous quarterly dividend of $2.30. The ex-dividend date is Thursday, March 12th. This represents a $9.32 annualized dividend and a yield of 2.5%. Home Depot’s payout ratio is 62.71%.

Insider Buying and Selling at Home Depot

In related news, EVP Teresa Wynn Roseborough sold 2,872 shares of the stock in a transaction dated Friday, December 26th. The stock was sold at an average price of $348.52, for a total transaction of $1,000,949.44. Following the transaction, the executive vice president owned 13,196 shares of the company’s stock, valued at approximately $4,599,069.92. This represents a 17.87% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Angie Brown sold 1,946 shares of the firm’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $357.63, for a total value of $695,947.98. Following the transaction, the executive vice president owned 3,941 shares of the company’s stock, valued at $1,409,419.83. This trade represents a 33.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 4,963 shares of company stock valued at $1,748,845 over the last quarter. 0.10% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms recently commented on HD. BNP Paribas Exane increased their price objective on Home Depot from $355.00 to $391.00 in a research note on Wednesday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Home Depot in a report on Monday, December 29th. Robert W. Baird raised their price target on shares of Home Depot from $400.00 to $430.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 17th. Jefferies Financial Group boosted their price target on shares of Home Depot from $424.00 to $454.00 and gave the stock a “buy” rating in a research report on Tuesday. Finally, Oppenheimer cut their price objective on shares of Home Depot from $420.00 to $405.00 and set a “market perform” rating for the company in a report on Friday, December 5th. Twenty investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Home Depot currently has an average rating of “Moderate Buy” and a consensus target price of $416.00.

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.