Cim Investment Management Inc. Trims Stock Position in The Home Depot, Inc. $HD

Cim Investment Management Inc. trimmed its position in The Home Depot, Inc. (NYSE:HD) by 50.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,480 shares of the home improvement retailer’s stock after selling 2,543 shares during the quarter. Cim Investment Management Inc.’s holdings in Home Depot were worth $1,005,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in HD. Vanguard Group Inc. lifted its holdings in 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 valued at $39,834,241,000 after acquiring an additional 331,217 shares during the last quarter. State Street Corp increased its stake in Home Depot by 0.7% during the second quarter. State Street Corp now owns 46,015,836 shares of the home improvement retailer’s stock worth $16,871,246,000 after acquiring an additional 300,352 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in Home Depot by 1.1% in the second quarter. Charles Schwab Investment Management Inc. now owns 14,568,860 shares of the home improvement retailer’s stock valued at $5,341,724,000 after purchasing an additional 153,582 shares during the period. Norges Bank purchased a new stake in Home Depot in the second quarter valued at $4,885,603,000. Finally, Capital Research Global Investors lifted its stake in shares of Home Depot by 0.3% in the 3rd quarter. Capital Research Global Investors now owns 11,400,133 shares of the home improvement retailer’s stock valued at $4,619,229,000 after purchasing an additional 30,739 shares during the last quarter. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Insider Buying and Selling at Home Depot

In related news, EVP Teresa Wynn Roseborough sold 2,872 shares of the company’s stock in a transaction on Friday, December 26th. The shares were sold at an average price of $348.52, for a total transaction 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 approximately $4,599,069.92. This represents a 17.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Richard V. Mcphail sold 2,550 shares of the stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $368.89, for a total value of $940,669.50. Following the completion of the sale, the chief financial officer 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 disclosure for this sale is available in the SEC filing. 0.10% of the stock is owned by corporate insiders.

Key Home Depot News

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

• Positive Sentiment: Spring seasonal push: Home Depot launched its “Spring Starts” promotion (Mar 19–Apr 1) to drive demand for outdoor, gardening, cleaning and entertaining categories — a timely revenue driver for the spring selling season that can boost comp traffic and high-margin seasonal categories. From Power Washers to Patios: The Home Depot’s Spring Starts Event Kicks off Season of Savings
• Positive Sentiment: Pro-focused logistics upgrade: HD rolled out a real‑time delivery tracker for large/bulky materials to give contractors minute-by-minute ETAs — a capability that can reduce on-site downtime, deepen Pro customer loyalty, and strengthen omnichannel differentiation versus peers. Improved service for Pros can support repeat sales and margin stability. Home Depot Bets On Real Time Delivery Tracking To Deepen Pro Loyalty
• Positive Sentiment: Positive retail coverage: Recent investor pieces and retail roundups have highlighted Home Depot as a top retail/long-term buy, reinforcing conviction among growth/value investors who favor HD’s scale, cash generation and dividend/repurchase profile. This can support longer-term demand for the shares. The Top 2 Retail Stocks to Buy Right Now
• Neutral Sentiment: Analyst discussion on tracker impact: Coverage is exploring whether the new real‑time Pro delivery tracker materially changes HD’s cash flow or valuation — useful operational progress, but analysts note the financial impact may be gradual rather than immediate. Should Home Depot’s (HD) Real‑Time Pro Delivery Tracker Require Action From Investors?
• Negative Sentiment: Near-term growth and technical/financial headwinds: HD’s most recent quarter showed revenue down ~3.8% year-over-year (EPS beat but was lower than last year), and FY2026 EPS guidance (14.23–14.80) sits below some analyst rolls (~15.13 consensus), which can temper upside expectations. In addition, the stock is trading below its 50- and 200-day moving averages and carries elevated leverage metrics (debt/equity), factors that may pressure sentiment and explain the share decline.

Home Depot Stock Down 0.3%

Shares of NYSE:HD opened at $341.63 on Wednesday. The company has a current ratio of 1.06, a quick ratio of 0.26 and a debt-to-equity ratio of 3.62. The firm has a market cap of $340.10 billion, a price-to-earnings ratio of 24.01, a PEG ratio of 12.32 and a beta of 1.09. The stock’s 50-day moving average price is $373.62 and its two-hundred day moving average price is $375.45. The Home Depot, Inc. has a 12-month low of $326.31 and a 12-month 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 EPS for the quarter, beating analysts’ consensus estimates of $2.52 by $0.20. The company 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 company’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. On average, research analysts forecast that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Increases Dividend

The firm 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. 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 2.7%. The ex-dividend date is Thursday, March 12th. Home Depot’s payout ratio is presently 65.50%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on HD shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of Home Depot in a report on Monday, December 29th. TD Cowen reaffirmed a “buy” rating on shares of Home Depot in a research report on Thursday, March 12th. Jefferies Financial Group increased their target price on shares of Home Depot from $424.00 to $454.00 and gave the stock a “buy” rating in a research note on Tuesday, February 24th. Royal Bank Of Canada lifted their price target on shares of Home Depot from $363.00 to $377.00 and gave the company a “sector perform” rating in a research report on Wednesday, February 25th. Finally, Sanford C. Bernstein boosted their price target on shares of Home Depot from $381.00 to $390.00 and gave the company a “market perform” rating in a research note on Wednesday, February 25th. Twenty research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Home Depot currently has an average rating of “Moderate Buy” and an average target price of $416.00.

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.