Asempa Wealth Advisors Makes New $1.79 Million Investment in The Home Depot, Inc. $HD

Asempa Wealth Advisors acquired a new position in shares of The Home Depot, Inc. (NYSE:HD) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 5,192 shares of the home improvement retailer’s stock, valued at approximately $1,787,000. Home Depot makes up 1.5% of Asempa Wealth Advisors’ investment portfolio, making the stock its 17th largest holding.

Other large investors also recently made changes to their positions in the company. Parvin Asset Management LLC increased its holdings in Home Depot by 110.0% during the third quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock worth $26,000 after buying an additional 33 shares during the last quarter. Sagard Holdings Management Inc. acquired a new stake in Home Depot in the second quarter valued at $29,000. Financially Speaking Inc acquired a new stake in Home Depot in the third quarter valued at $31,000. Imprint Wealth LLC bought a new position in shares of Home Depot in the 3rd quarter valued at about $34,000. Finally, Dougherty Wealth Advisers LLC bought a new position in shares of Home Depot in the 3rd quarter valued at about $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: Home Depot added AI-driven planning and smart project tools to its Pro platform, a direct push to win and retain professional contractor customers and improve margins for that higher-frequency segment. HD Expands Pro Platform
• Positive Sentiment: Coverage highlighting Home Depot’s milestone of $1 billion in charitable giving reinforces brand strength and community goodwill, which can support consumer preference and investor sentiment. $1 Billion Giving Milestone
• Positive Sentiment: Industry consolidation pressure: closures at independent rivals (True Value/Ace franchise stores) underscore Home Depot’s scale advantage and pricing/assortment edge in the home-improvement market. Rival Store Closure
• Neutral Sentiment: Multiple retail-investing roundup pieces compare Home Depot to other blue chips (e.g., McDonald’s), which can amplify trading volume but are not new company developments. Home Depot vs McDonald’s (AOL)
• Neutral Sentiment: Broader market moves and headlines (political comments, big-name investors buying/selling other names) are moving indices and risk appetite, which can lift or pressure cyclical retailers like HD. Market Coverage
• Negative Sentiment: Analyst and retail commentary note Home Depot is roughly 25% below its prior peak, a reminder of recent sell-off that pressurizes multiples even as dividend yield increases; this valuation reset is the primary reason value-focused articles are promoting HD as a buy. Dividend Stocks Down

Insider Buying and Selling at Home Depot

In other news, EVP Teresa Wynn Roseborough sold 2,872 shares of the business’s stock in a transaction dated 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 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 legal filing with the SEC, which can be accessed through this link. Also, CFO Richard V. Mcphail sold 2,550 shares of the company’s stock in a transaction dated 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 in the company, valued at $16,439,951.74. This trade represents a 5.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.10% of the company’s stock.

Analyst Ratings Changes

HD has been the topic of a number of research analyst reports. Stifel Nicolaus dropped their target price on shares of Home Depot from $370.00 to $350.00 and set a “hold” rating on the stock in a report on Monday, December 1st. Piper Sandler reduced their price target on Home Depot from $441.00 to $422.00 and set an “overweight” rating for the company in a report on Monday, February 23rd. Sanford C. Bernstein boosted their price target on Home Depot from $381.00 to $390.00 and gave the stock a “market perform” rating in a research report on Wednesday, February 25th. Royal Bank Of Canada upped their price objective on Home Depot from $363.00 to $377.00 and gave the company a “sector perform” rating in a research note on Wednesday, February 25th. Finally, BNP Paribas Exane raised their price objective on Home Depot from $355.00 to $391.00 in a research report on Wednesday, February 25th. Twenty equities 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 company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $416.00.

Home Depot Stock Up 3.1%

Home Depot stock opened at $330.79 on Tuesday. The stock has a market cap of $329.47 billion, a P/E ratio of 23.25, a P/E/G ratio of 3.50 and a beta of 1.09. 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 twelve month low of $320.26 and a twelve month high of $426.75. The company’s 50-day moving average price is $370.68 and its two-hundred day moving average price is $373.18.

Home Depot (NYSE:HD) last issued 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. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.The company had revenue of $38.20 billion during the quarter, compared to analysts’ expectations of $38.01 billion. During the same quarter in the previous year, the company posted $3.13 earnings per share. The business’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. As a group, analysts expect that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be paid 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 2.8%. Home Depot’s dividend 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.