CCM Investment Advisers LLC Buys 3,531 Shares of The Home Depot, Inc. $HD

CCM Investment Advisers LLC boosted its position in shares of The Home Depot, Inc. (NYSE:HD) by 6.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 59,440 shares of the home improvement retailer’s stock after buying an additional 3,531 shares during the quarter. Home Depot makes up approximately 2.0% of CCM Investment Advisers LLC’s holdings, making the stock its 16th largest holding. CCM Investment Advisers LLC’s holdings in Home Depot were worth $20,454,000 as of its most recent filing with the SEC.

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

Key Home Depot News

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

• Positive Sentiment: SRS Distribution (Home Depot subsidiary) agreed to acquire Mingledorff’s, a wholesale HVAC distributor, strengthening HD’s Pro channel, product breadth and local distribution for contractors — a revenue diversification and margin-supporting move. Home Depot Expands Pro Business With HVAC Distributor Acquisition
• Positive Sentiment: Home Depot is pushing AI features to create a frictionless omnichannel shopping journey and says its stores are “never been more relevant,” signaling investment in tech-driven traffic and conversion improvements. This supports longer-term comps and customer retention. In the age of AI, Home Depot’s stores have ‘never been more relevant’
• Positive Sentiment: Telsey Advisory Group assigned an “Outperform” rating to HD, which can bolster sentiment among institutional buyers and supports the view that shares have upside vs. peers. Home Depot Earns “Outperform” Rating from Telsey Advisory Group
• Neutral Sentiment: Home Depot’s CFO, Richard McPhail, will present at the J.P. Morgan Retail Round Up Forum on April 9 — a routine investor event that may provide updated color but is not an earnings release. The Home Depot to Present at the J.P. Morgan Retail Round Up Forum
• Neutral Sentiment: Coverage remains mixed — reports note analysts are conflicted on Home Depot and other consumer-cyclical names, which can create volatility as investors parse macro and housing signals. Analysts Conflicted on These Consumer Cyclical Names: Home Depot (HD)
• Negative Sentiment: Market coverage notes near-term share weakness (recent daily declines reported), reflecting profit-taking or sensitivity to lower comparable sales trends and broader market moves; that intraday pressure is weighing on the stock today. Home Depot (HD) Stock Moves -1.23%: What You Should Know

Home Depot Stock Down 2.1%

NYSE:HD opened at $321.54 on Friday. The Home Depot, Inc. has a 1 year low of $320.26 and a 1 year high of $426.75. The stock has a 50-day moving average price of $366.65 and a two-hundred day moving average price of $371.29. The stock has a market cap of $320.26 billion, a price-to-earnings ratio of 22.60, a PEG ratio of 3.59 and a beta of 1.09. The company has a current ratio of 1.06, a quick ratio of 0.26 and a debt-to-equity ratio of 3.62.

Home Depot (NYSE:HD) last released its quarterly earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 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 for the quarter, compared to analyst estimates of $38.01 billion. During the same quarter last year, the firm posted $3.13 earnings per share. Home Depot’s 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, equities 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 disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were issued a dividend of $2.33 per share. The ex-dividend date was Thursday, March 12th. This is a positive change from Home Depot’s previous quarterly dividend of $2.30. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.9%. Home Depot’s dividend payout ratio (DPR) is 65.50%.

Analyst Upgrades and Downgrades

HD has been the subject of a number of analyst reports. Truist Financial set a $424.00 target price on shares of Home Depot in a report on Tuesday, February 24th. Zacks Research raised Home Depot from a “strong sell” rating to a “hold” rating in a research note on Monday, February 9th. KeyCorp restated a “sector weight” rating on shares of Home Depot in a research report on Wednesday, February 25th. Oppenheimer decreased their price objective on Home Depot from $420.00 to $405.00 and set a “market perform” rating for the company in a research note on Friday, December 5th. Finally, Wall Street Zen upgraded Home Depot from a “sell” rating to a “hold” rating in a report on Saturday, March 21st. 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $414.52.

Insider Buying and Selling

In related news, CFO Richard V. Mcphail sold 2,550 shares of the business’s 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 sale, the chief financial officer directly owned 44,566 shares of the company’s stock, valued at approximately $16,439,951.74. The trade was a 5.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.10% of the company’s stock.

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.