Capital Group Private Client Services Inc. Sells 29,770 Shares of The Home Depot, Inc. $HD

Capital Group Private Client Services Inc. lowered its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 77.7% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,565 shares of the home improvement retailer’s stock after selling 29,770 shares during the quarter. Capital Group Private Client Services Inc.’s holdings in Home Depot were worth $3,470,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in HD. Vanguard Group Inc. raised its stake in shares of Home Depot by 0.3% in the third quarter. Vanguard Group Inc. now owns 98,310,031 shares of the home improvement retailer’s stock worth $39,834,241,000 after buying an additional 331,217 shares during the period. State Street Corp grew its stake in shares of Home Depot by 0.7% during the 2nd quarter. State Street Corp now owns 46,015,836 shares of the home improvement retailer’s stock valued at $16,871,246,000 after acquiring an additional 300,352 shares during the period. Geode Capital Management LLC grew its stake in shares of Home Depot by 1.4% during the 2nd quarter. Geode Capital Management LLC now owns 22,978,809 shares of the home improvement retailer’s stock valued at $8,394,611,000 after acquiring an additional 327,674 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in Home Depot by 1.1% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 14,568,860 shares of the home improvement retailer’s stock worth $5,341,724,000 after acquiring an additional 153,582 shares in the last quarter. Finally, Norges Bank purchased a new stake in Home Depot in the 2nd quarter worth approximately $4,885,603,000. Institutional investors own 70.86% of the company’s stock.

Home Depot Stock Up 1.0%

Shares of HD opened at $357.15 on Wednesday. The company has a debt-to-equity ratio of 3.62, a current ratio of 1.06 and a quick ratio of 0.26. The stock has a market capitalization of $355.54 billion, a price-to-earnings ratio of 25.10, a price-to-earnings-growth ratio of 12.71 and a beta of 1.09. The Home Depot, Inc. has a 1 year low of $326.31 and a 1 year high of $426.75. The business’s 50 day simple moving average is $373.92 and its 200-day simple moving average is $377.75.

Home Depot (NYSE:HD) last issued its quarterly earnings data on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, topping analysts’ consensus estimates of $2.52 by $0.20. The business had revenue of $38.20 billion during the quarter, compared to analysts’ expectations of $38.01 billion. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The business’s revenue was down 3.8% on a year-over-year basis. During the same period last year, the company posted $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. As a group, equities analysts expect that The Home Depot, Inc. will post 15.13 earnings per share for the current fiscal year.

Home Depot Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th will be paid a dividend of $2.33 per share. The ex-dividend date of this dividend is 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 yield of 2.6%. Home Depot’s payout ratio is presently 64.65%.

Home Depot News Roundup

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

• Positive Sentiment: Foundation grants boost long‑term Pro pipeline — The Home Depot Foundation expanded its Path to Pro Education Grants with a $1 million 2026 investment (up to $10,000 per program) to upgrade trade training facilities and attract new skilled workers, supporting future professional contractor demand in Home Depot’s core customer segment. Home Depot Targets Skilled Labor Gap To Support Long Term Pro Demand PR Newswire: Path to Pro Grants
• Positive Sentiment: Rising big‑ticket purchases driven by Pro customers — Q4 data shows an increase in transactions >$1,000 and higher average ticket, suggesting professional customers are spending more even as overall transaction counts soften; supports revenue quality and margins if trend continues. Home Depot Sees Higher Big Ticket Sales Zacks: Big Ticket Sales
• Neutral Sentiment: Insider/official selling noted but immaterial — Filings show Senator Sheldon Whitehouse sold just over $5K of HD stock; routine small sales by public figures draw attention but are not large enough to signal a major insider shift. Sen. Sheldon Whitehouse Sold HD Stock American Banking News: Insider Sale
• Neutral Sentiment: Analyst/opinion pieces weigh long‑term case vs. peers — Coverage comparing Home Depot to peers like Costco and ‘things to know before you buy’ pieces provide context on valuation and risks but don’t present new company-specific catalysts. Costco vs. Home Depot analysis Fool: 3 Things to Know
• Negative Sentiment: Shares have pulled back amid weaker housing turnover and cautious consumers — Coverage highlighting an ~8% monthly slide points to macro headwinds (slower housing activity, lower transactions) that could pressure near‑term comps and guidance if trends persist. Home Depot Slides 8% in a Month Zacks: Slide 8% Coverage
• Negative Sentiment: Loss‑prevention incidents drew attention — Reports of an incident-packed weekend and heightened shoplifting activity prompted headlines about operational risk and inventory loss, a potential margin headwind if elevated. TipRanks: Loss Prevention Story

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Bank of America lowered their price target on shares of Home Depot from $450.00 to $430.00 and set a “buy” rating on the stock in a report on Wednesday, November 19th. Jefferies Financial Group raised their price objective on shares of Home Depot from $424.00 to $454.00 and gave the company a “buy” rating in a research report on Tuesday, February 24th. UBS Group lifted their target price on shares of Home Depot from $430.00 to $450.00 and gave the company a “buy” rating in a research note on Wednesday, February 25th. TD Cowen upped their target price on shares of Home Depot from $410.00 to $450.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. Finally, HSBC cut their price target on Home Depot from $445.00 to $400.00 and set a “hold” rating for the company in a research note on Wednesday, November 19th. Twenty analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $416.00.

Insider Buying and Selling

In other Home Depot news, CFO Richard V. Mcphail sold 2,550 shares of the company’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 transaction 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 represents a 5.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of the firm’s stock in a transaction that occurred on Friday, December 26th. The shares were sold at an average price of $348.52, for a total value of $1,000,949.44. Following the completion of the sale, the executive vice president directly owned 13,196 shares of the company’s stock, valued at $4,599,069.92. The trade was a 17.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 7,513 shares of company stock valued at $2,689,515. 0.10% of the stock is currently owned by company insiders.

Home Depot Company Profile

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.