Centaurus Financial Inc. Has $2.78 Million Stock Position in The Home Depot, Inc. $HD

Centaurus Financial Inc. boosted its position in shares of The Home Depot, Inc. (NYSE:HD) by 49.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 6,872 shares of the home improvement retailer’s stock after purchasing an additional 2,275 shares during the quarter. Centaurus Financial Inc.’s holdings in Home Depot were worth $2,784,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Norges Bank acquired a new stake in shares of Home Depot during the 2nd quarter worth approximately $4,885,603,000. Laurel Wealth Advisors LLC lifted its holdings in Home Depot by 36,207.5% in the second quarter. Laurel Wealth Advisors LLC now owns 10,076,783 shares of the home improvement retailer’s stock valued at $3,694,552,000 after buying an additional 10,049,029 shares during the period. Wellington Management Group LLP lifted its holdings in Home Depot by 60.8% in the third quarter. Wellington Management Group LLP now owns 10,143,089 shares of the home improvement retailer’s stock valued at $4,109,878,000 after buying an additional 3,836,051 shares during the period. Franklin Resources Inc. boosted its stake in Home Depot by 37.6% in the third quarter. Franklin Resources Inc. now owns 3,806,308 shares of the home improvement retailer’s stock valued at $1,542,278,000 after acquiring an additional 1,040,577 shares during the last quarter. Finally, Amundi boosted its stake in Home Depot by 11.1% in the second quarter. Amundi now owns 7,903,550 shares of the home improvement retailer’s stock valued at $2,938,935,000 after acquiring an additional 790,476 shares during the last quarter. 70.86% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have commented on HD shares. Wolfe Research upped their target price on shares of Home Depot from $413.00 to $414.00 and gave the company an “outperform” rating in a research report on Wednesday, February 25th. TD Cowen restated a “buy” rating on shares of Home Depot in a research report on Thursday, March 12th. Telsey Advisory Group lifted their price objective on Home Depot from $410.00 to $435.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 25th. HSBC dropped their price objective on Home Depot from $445.00 to $400.00 and set a “hold” rating for the company in a report on Wednesday, November 19th. Finally, Bank of America reduced their target price on Home Depot from $450.00 to $430.00 and set a “buy” rating on the stock in a report on Wednesday, November 19th. Twenty investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $416.00.

Insider Activity at Home Depot

In other Home Depot news, EVP Teresa Wynn Roseborough sold 2,872 shares of Home Depot 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 transaction, the executive vice president owned 13,196 shares of the company’s stock, valued at approximately $4,599,069.92. The trade was a 17.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Richard V. Mcphail sold 2,550 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The shares were 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 owned 44,566 shares of the company’s stock, valued at $16,439,951.74. This trade represents a 5.41% decrease in their position. The SEC filing for this sale provides additional information. 0.10% of the stock is currently owned by insiders.

Home Depot News Summary

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

• Positive Sentiment: Expanded Pro digital experience: Home Depot announced new project‑management and AI tools aimed at professional renovators to streamline workflows and win more Pro business. This should help lifetime customer value and margins over time. The Home Depot Expands Pro Digital Experience
• Positive Sentiment: US footprint growth: Home Depot plans to open 12 new U.S. stores in 2026, adding ~1.6M+ sq ft of retail space — a signal of continued investment in physical presence and local market share gains. Home Depot to open 12 US stores in 2026 expansion
• Positive Sentiment: Service & seasonal demand initiatives: The company launched a real‑time Pro delivery tracker (improves productivity for contractors) and kicked off its Spring Starts seasonal promotion — both support near‑term sales and better Pro retention. Should Home Depot’s Real‑Time Pro Delivery Tracker Require Action From Investors? Spring Starts event
• Positive Sentiment: Investor endorsements: Home Depot appears in retail stock watchlists as an attractively positioned retailer, which can support medium‑term interest from buy‑and‑hold investors. The Top 2 Retail Stocks to Buy Right Now
• Neutral Sentiment: Analysts conflicted: Coverage shows mixed views on Home Depot vs. peers (Amazon, Garrett Motion), reflecting debate over consumer cyclical positioning and growth vs. margin tradeoffs. Short‑term analyst noise can increase volatility. Analysts Conflicted article
• Neutral Sentiment: Battery recycling coverage: Media notes Home Depot’s exposure to the growing battery recycling market (batteries are a core SKU), but commentary frames this as a long‑run opportunity rather than an immediate earnings driver. Battery recycling article
• Negative Sentiment: Unusually large put buying: Investors purchased 45,863 put options today (≈48% above average), signaling elevated bearish hedging or outright bearish bets. Heavy put flow can weigh on stock sentiment and drive intraday selling.

Home Depot Trading Down 3.1%

Shares of NYSE HD opened at $330.75 on Thursday. The stock has a market cap of $329.27 billion, a price-to-earnings ratio of 23.24, a P/E/G ratio of 3.73 and a beta of 1.09. The Home Depot, Inc. has a twelve month low of $326.31 and a twelve month high of $426.75. 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 company’s fifty day moving average is $373.26 and its 200-day moving average is $375.13.

Home Depot (NYSE:HD) last posted its 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 return on equity of 134.32% and a net margin of 8.60%.The firm had revenue of $38.20 billion during the quarter, compared to analysts’ expectations of $38.01 billion. During the same period in the previous year, the firm earned $3.13 earnings per share. The company’s revenue was down 3.8% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Equities research analysts predict 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. Investors of record on Thursday, March 12th will be given a $2.33 dividend. The ex-dividend date is Thursday, March 12th. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. This is a boost from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s payout ratio is presently 65.50%.

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.