Arrowstreet Capital Limited Partnership Has $1.07 Billion Holdings in The Home Depot, Inc. $HD

Arrowstreet Capital Limited Partnership lifted its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 4.3% in the third quarter, according to its most recent filing with the SEC. The firm owned 2,634,474 shares of the home improvement retailer’s stock after acquiring an additional 107,736 shares during the period. Home Depot makes up about 0.7% of Arrowstreet Capital Limited Partnership’s investment portfolio, making the stock its 23rd biggest position. Arrowstreet Capital Limited Partnership owned 0.26% of Home Depot worth $1,067,463,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Financially Speaking Inc bought a new stake in Home Depot during the 3rd quarter worth approximately $31,000. Sagard Holdings Management Inc. bought a new position in shares of Home Depot during the second quarter worth $29,000. Dougherty Wealth Advisers LLC acquired a new position in shares of Home Depot in the 3rd quarter valued at approximately $38,000. AXS Investments LLC bought a new stake in shares of Home Depot during the third quarter worth $38,000. Finally, Marquette Asset Management LLC acquired a new stake in Home Depot in the 3rd quarter valued at approximately $38,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Home Depot News Roundup

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

• Positive Sentiment: Q4 results beat expectations and management reiterated cautious FY guidance while increasing the quarterly dividend, supporting cash-flow confidence and long-term upside. MarketBeat: Home Depot stock keeps falling — analysts say the upside is still there
• Positive Sentiment: Operational investments aimed at professional customers (acquisitions, specialty products, an AI quoting tool and a new real-time delivery tracker for large/pro orders) should support steadier, higher-margin revenue even if DIY demand softens. TheStreet: Home Depot launches real-time delivery tracker
• Positive Sentiment: Analysts remain constructive overall — multiple firms raised targets after the quarter and consensus still skews toward Buy, leaving upside potential if housing or rates improve. MarketBeat: analyst coverage
• Neutral Sentiment: Long-term performance studies show Home Depot has delivered strong multi-year returns, which may comfort dividend and buy-and-hold investors but doesn’t prevent near-term volatility tied to housing. Benzinga: 15‑year returns
• Negative Sentiment: High-profile loss-prevention incidents (the so‑called “pretty privilege” tests and other viral stories) have generated negative publicity and investor concern about brand risk and store operations. TipRanks: “Pretty Privilege” tests send Home Depot stock slumping
• Negative Sentiment: Coverage notes softer home-improvement demand as higher mortgage rates and weak housing turnover cool renovation spending — a direct hit to Home Depot’s core markets and valuation. Yahoo Finance: Assessing Home Depot valuation
• Negative Sentiment: Zacks has trimmed multiple near-term and FY estimates and keeps a Hold stance, signaling analyst caution on earnings growth — a headwind for sentiment until data or guidance improves.
• Negative Sentiment: Political headlines (comments by a former CEO supporting a polarizing energy plan) have added volatility and may deter some investors sensitive to reputational or governance risk. TipRanks: former CEO backs Trump energy plan

Insider Buying and Selling

In other Home Depot news, CFO Richard V. Mcphail sold 2,550 shares of the stock in a transaction 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 completion of the transaction, the chief financial officer directly owned 44,566 shares of the company’s stock, valued at approximately $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 Securities & Exchange Commission, which is accessible through this link. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of the firm’s stock in a transaction on Friday, December 26th. The stock was 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. This represents a 17.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

HD has been the subject of several recent analyst reports. Evercore cut their price objective on Home Depot from $450.00 to $425.00 and set an “outperform” rating for the company in a report on Wednesday, November 19th. Gordon Haskett increased their price objective on shares of Home Depot from $330.00 to $370.00 and gave the stock a “hold” rating in a research note on Wednesday, February 11th. Wall Street Zen downgraded shares of Home Depot from a “hold” rating to a “sell” rating in a research note on Friday, November 28th. Jefferies Financial Group boosted their target price on shares of Home Depot from $424.00 to $454.00 and gave the stock a “buy” rating in a report on Tuesday, February 24th. Finally, Zacks Research raised shares of Home Depot from a “strong sell” rating to a “hold” rating in a research note on Monday, February 9th. Twenty equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $416.00.

Home Depot Price Performance

Home Depot stock opened at $338.88 on Friday. The stock has a market cap of $337.36 billion, a P/E ratio of 23.81, a P/E/G ratio of 12.61 and a beta of 1.09. The company’s 50 day moving average price is $373.95 and its two-hundred day moving average price is $377.29. 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 Home Depot, Inc. has a 52 week low of $326.31 and a 52 week high of $426.75.

Home Depot (NYSE:HD) last posted its quarterly earnings data on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share (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 the consensus estimate of $38.01 billion. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The firm’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same quarter last year, the company posted $3.13 earnings per share. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. On average, equities analysts predict that The Home Depot, Inc. will post 15.13 earnings per share for the current year.

Home Depot Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be paid a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Thursday, March 12th. This is an increase from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s dividend payout ratio (DPR) is 64.65%.

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.