Clear Trail Advisors LLC Takes $9.61 Million Position in The Home Depot, Inc. $HD

Clear Trail Advisors LLC acquired a new position in The Home Depot, Inc. (NYSE:HD) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 27,920 shares of the home improvement retailer’s stock, valued at approximately $9,607,000. Home Depot accounts for 2.2% of Clear Trail Advisors LLC’s holdings, making the stock its 13th largest position.

A number of other hedge funds and other institutional investors also recently modified their holdings of HD. Parvin Asset Management LLC increased its stake in Home Depot by 110.0% in the 3rd quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock worth $26,000 after purchasing an additional 33 shares during the period. Sagard Holdings Management Inc. bought a new stake in Home Depot in the second quarter valued at approximately $29,000. Financially Speaking Inc purchased a new stake in shares of Home Depot during the third quarter valued at approximately $31,000. Imprint Wealth LLC purchased a new stake in shares of Home Depot during the third quarter valued at approximately $34,000. Finally, Dougherty Wealth Advisers LLC bought a new position in shares of Home Depot in the third quarter worth approximately $38,000. Institutional investors own 70.86% of the company’s stock.

Home Depot Stock Performance

Shares of HD stock opened at $332.45 on Thursday. The firm has a market capitalization of $331.13 billion, a price-to-earnings ratio of 23.36, a PEG ratio of 3.62 and a beta of 1.09. The stock has a fifty day moving average of $368.84 and a 200 day moving average of $372.28. The Home Depot, Inc. has a 52 week low of $320.26 and a 52 week 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.

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, beating analysts’ consensus estimates of $2.52 by $0.20. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The business had revenue of $38.20 billion for the quarter, compared to the consensus estimate of $38.01 billion. During the same period in the previous year, the firm earned $3.13 EPS. The company’s quarterly revenue was down 3.8% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. As a group, research analysts expect 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. Investors of record on Thursday, March 12th will be given 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 dividend yield of 2.8%. The ex-dividend date is Thursday, March 12th. Home Depot’s dividend payout ratio is presently 65.50%.

Insider Transactions at Home Depot

In related news, EVP Teresa Wynn Roseborough sold 2,872 shares of the 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 transaction, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Richard V. Mcphail sold 2,550 shares of the firm’s stock in a transaction dated 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 sale, 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 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.

Analyst Upgrades and Downgrades

Several research analysts recently commented on HD shares. Wells Fargo & Company lifted their target price on shares of Home Depot from $395.00 to $420.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 25th. Royal Bank Of Canada raised their price target on shares of Home Depot from $363.00 to $377.00 and gave the stock a “sector perform” rating in a report on Wednesday, February 25th. Piper Sandler decreased their price objective on shares of Home Depot from $441.00 to $422.00 and set an “overweight” rating on the stock in a research report on Monday, February 23rd. DA Davidson upped their price objective on shares of Home Depot from $407.00 to $445.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Home Depot in a report on Monday, December 29th. Twenty analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Home Depot has an average rating of “Moderate Buy” and an average price target of $414.52.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: SRS (Home Depot subsidiary) agreed to acquire Mingledorff’s, a 42-location HVAC wholesaler — expands HD’s Pro distribution into HVAC, opens a large (~$100B) TAM, and strengthens recurring-commercial revenue potential. SRS Distribution acquisition PR
• Positive Sentiment: Analysts and sell‑side support: Telsey reiterated an outperform with a $435 price target, and J.P. Morgan maintained bullish commentary around the Mingledorff’s deal — both reinforce upside expectations tied to the Pro strategy. Telsey reiteration (Benzinga)
• Positive Sentiment: Home Depot reiterated its Pro/tech push — new digital project-management and Pro shopping tools aim to boost wallet share with contractors, supporting longer-term margin and sales stability. Retail Dive: Pro digital tools
• Positive Sentiment: Retail footprint expansion: HD plans to open 12 new U.S. stores in 2026, which supports revenue growth and local market penetration for Pro customers. USA Today: new stores
• Neutral Sentiment: High-profile mentions (Jim Cramer) and institutional holdings — Charitable Trust is holding HD as a play if rates ease; this is more sentiment-support than a catalyst. Yahoo Finance: Jim Cramer note
• Neutral Sentiment: Competitive landscape: a long-time local rival closed a store (not bankruptcy) — limited competitive benefit but worth monitoring regionally. Yahoo: rival closure
• Negative Sentiment: Macro headwind: new U.S. home sales fell sharply in January (17.6% drop), underscoring a weak new‑home market that can pressure DIY and remodeling demand. This is a near-term risk to same-store sales. TheStreet: housing plunge
• Negative Sentiment: BNP Paribas Exane cut its price target (from $391 to $348) and put a neutral rating on HD — a near-term bearish signal for sentiment and potential selling pressure. Benzinga: BNP Paribas PT cut

Home Depot 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.