Cullen Investment Group LTD. Sells 2,325 Shares of The Home Depot, Inc. $HD

Cullen Investment Group LTD. decreased its holdings in The Home Depot, Inc. (NYSE:HD) by 12.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,380 shares of the home improvement retailer’s stock after selling 2,325 shares during the period. Cullen Investment Group LTD.’s holdings in Home Depot were worth $6,134,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Parvin Asset Management LLC grew its stake in shares of Home Depot by 110.0% in the third quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock valued at $26,000 after acquiring an additional 33 shares in the last quarter. Sagard Holdings Management Inc. acquired a new stake in Home Depot in the 2nd quarter worth about $29,000. Financially Speaking Inc acquired a new stake in Home Depot in the 3rd quarter worth about $31,000. Imprint Wealth LLC bought a new stake in Home Depot in the 3rd quarter valued at about $34,000. Finally, Dougherty Wealth Advisers LLC bought a new stake in Home Depot in the 3rd quarter valued at about $38,000. 70.86% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

HD has been the topic of several recent research reports. Royal Bank Of Canada raised their target price 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. Wolfe Research boosted their price target on Home Depot from $413.00 to $414.00 and gave the company an “outperform” rating in a research note on Wednesday, February 25th. Robert W. Baird increased their price target on Home Depot from $400.00 to $430.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 17th. BNP Paribas Exane lowered their price objective on Home Depot from $391.00 to $348.00 and set a “neutral” rating on the stock in a research note on Tuesday. Finally, Piper Sandler dropped their price objective on Home Depot from $441.00 to $422.00 and set an “overweight” rating for the company in a report on Monday, February 23rd. Twenty investment 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $414.52.

Home Depot Stock Down 1.3%

NYSE HD opened at $328.30 on Friday. The business has a fifty day moving average price of $367.82 and a two-hundred day moving average price of $371.98. The stock has a market capitalization of $326.99 billion, a PE ratio of 23.07, a PEG ratio of 3.63 and a beta of 1.09. The Home Depot, Inc. has a fifty-two week low of $320.26 and a fifty-two week high of $426.75. The company has a debt-to-equity ratio of 3.62, a current ratio of 1.06 and a quick ratio of 0.26.

Home Depot (NYSE:HD) last issued its quarterly earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $38.01 billion. During the same quarter last year, the company posted $3.13 EPS. The company’s revenue for the quarter 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. Equities analysts expect that The Home Depot, Inc. will post 15.13 earnings per share for the current fiscal year.

Home Depot Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th were given a $2.33 dividend. This is a boost from Home Depot’s previous quarterly dividend of $2.30. This represents a $9.32 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date was Thursday, March 12th. Home Depot’s dividend payout ratio (DPR) is presently 65.50%.

Trending Headlines about Home Depot

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

• Positive Sentiment: SRS Distribution (Home Depot subsidiary) agreed to acquire Mingledorff’s, expanding HD’s Pro footprint into HVAC distribution and targeting a large (~$100B) market opportunity. Home Depot Expands Pro Business With HVAC Distributor Acquisition
• Positive Sentiment: Telsey Advisory Group reaffirmed an “outperform” rating and set a $435 price target, signaling continued analyst upside expectations. Telsey reaffirms outperform on HD
• Positive Sentiment: J.P. Morgan and other analysts have reiterated bullish views on HD’s strategy to grow Pro sales (coverage highlights and Buy ratings), supporting longer‑term revenue diversification. Expanding the Pro Platform
• Neutral Sentiment: HD’s CFO will present at the J.P. Morgan Retail Round Up Forum on April 9 — a routine investor event that could offer incremental clarity but is not likely to move the stock materially by itself. Home Depot to Present at the J.P. Morgan Retail Round Up Forum
• Neutral Sentiment: Media/TV coverage (Jim Cramer) notes institutional holders remaining invested as a rate-cut hedge, reflecting confidence but not new fundamental news. Jim Cramer Notes That the Charitable Trust Holds On to Home Depot
• Neutral Sentiment: HD plans to open 12 new U.S. stores in 2026, a steady expansion that supports growth but is a longer‑term positive rather than an immediate catalyst. Home Depot to open 12 new US stores in 2026
• Negative Sentiment: Macroeconomic/housing weakness: coverage highlights slow new‑home sales and a still‑fragile housing recovery, which weigh on demand for big‑ticket home improvement and may be pressuring the stock despite strategic initiatives. Home Depot shows it has faith in a housing market rebound
• Negative Sentiment: Analysts remain conflicted on consumer‑cyclical names including HD (mixed ratings/concerns about near‑term comps), adding uncertainty that can cap near‑term upside. Analysts Conflicted on These Consumer Cyclical Names

Insider Buying and Selling

In other news, CFO Richard V. Mcphail sold 2,550 shares of the stock in a transaction dated 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 transaction, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.10% of the company’s stock.

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.