Brookstone Capital Management Raises Stock Position in The Home Depot, Inc. $HD

Brookstone Capital Management grew its stake in shares of The Home Depot, Inc. (NYSE:HD) by 5.5% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 36,452 shares of the home improvement retailer’s stock after acquiring an additional 1,905 shares during the period. Brookstone Capital Management’s holdings in Home Depot were worth $12,543,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of HD. Windsor Capital Management LLC grew its stake in Home Depot by 1.2% in the fourth quarter. Windsor Capital Management LLC now owns 2,581 shares of the home improvement retailer’s stock worth $888,000 after purchasing an additional 31 shares in the last quarter. Financial Planning Hawaii Inc. bought a new stake in Home Depot during the 4th quarter valued at $325,000. J. Safra Sarasin Holding AG raised its position in Home Depot by 13.3% during the 4th quarter. J. Safra Sarasin Holding AG now owns 308,227 shares of the home improvement retailer’s stock valued at $106,099,000 after purchasing an additional 36,174 shares in the last quarter. Mn Services Vermogensbeheer B.V. lifted its holdings in shares of Home Depot by 2.2% in the 4th quarter. Mn Services Vermogensbeheer B.V. now owns 384,960 shares of the home improvement retailer’s stock worth $132,465,000 after buying an additional 8,226 shares during the period. Finally, Columbus Macro LLC lifted its holdings in shares of Home Depot by 0.9% in the 4th quarter. Columbus Macro LLC now owns 17,234 shares of the home improvement retailer’s stock worth $5,930,000 after buying an additional 150 shares during the period. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on HD. Gordon Haskett raised their price target on Home Depot from $330.00 to $370.00 and gave the company a “hold” rating in a research note on Wednesday, February 11th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Home Depot in a research note on Friday. Morgan Stanley increased their target price on shares of Home Depot from $412.00 to $420.00 and gave the stock an “overweight” rating in a report on Wednesday, February 25th. Jefferies Financial Group raised their target price on shares of Home Depot from $424.00 to $454.00 and gave the company a “buy” rating in a research report on Tuesday, February 24th. Finally, Robert W. Baird boosted their price target on shares of Home Depot from $400.00 to $430.00 and gave the company an “outperform” rating in a report on Tuesday, February 17th. Twenty research 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 company presently has an average rating of “Moderate Buy” and an average target price of $414.52.

Home Depot Price Performance

NYSE HD opened at $328.43 on Wednesday. The firm’s fifty day simple moving average is $364.57 and its two-hundred day simple moving average is $369.31. The firm has a market capitalization of $327.12 billion, a P/E ratio of 23.08, a P/E/G ratio of 3.53 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. The Home Depot, Inc. has a 12-month low of $320.26 and a 12-month high of $426.75.

Home Depot (NYSE:HD) last announced its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, topping 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 firm 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 business earned $3.13 EPS. The firm’s revenue for the quarter was down 3.8% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Analysts forecast that The Home Depot, Inc. will post 15.13 EPS for the current fiscal 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 given a $2.33 dividend. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Thursday, March 12th. This is an increase from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s payout ratio is 65.50%.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: Named Dr. Franziska “Fran” Bell as EVP & Chief Technology Officer to lead technology, product, data and AI — signals a deliberate push to embed advanced AI across operations and customer experience, which could boost productivity, personalization and margins over time. The Home Depot Names Franziska Bell EVP and Chief Technology Officer
• Positive Sentiment: Analyses highlight Fran Bell’s deep AI experience (Ford, BP, Uber, Toyota) and argue the CTO hire could be a “game changer” by accelerating agentic AI initiatives across merchandising, fulfillment and customer search — a potential long-term positive for revenue mix and efficiency. Home Depot’s New AI-Focused CTO Appointment Could Be A Game Changer For Home Depot (HD)
• Neutral Sentiment: Market commentary notes HD’s shares rose but still underperformed the broader market recently — a reminder investors are weighing positive strategic moves against near-term demand headwinds. Home Depot Inc. stock rises Tuesday, still underperforms market
• Neutral Sentiment: Valuation-focused pieces point to a recent pullback in the share price (month and week declines noted), making the stock cheaper versus recent highs — raises the question of whether the retreat is a buying opportunity or a signal of cyclical softness. A Look At Home Depot (HD) Valuation After Recent Share Price Pullback
• Neutral Sentiment: Broader retail/tech coverage on AI-driven shopping suggests incumbents (Amazon, Walmart, Home Depot) could gain/lose share depending on how quickly they deploy AI for search and buying — a structural tailwind if HD’s new CTO accelerates execution. AI Shopping Shift Puts Amazon, Walmart in Focus
• Neutral Sentiment: Watsco sell-off commentary references SRS Distribution (a Home Depot affiliate) expanding via acquisitions, a development that could increase HD’s wholesale footprint but also draws competitive scrutiny—indirect for HD, but worth monitoring for margin/scale effects. William Blair Says Watsco (WSO) Sell-Off Overdone Despite New Competition
• Negative Sentiment: Zacks warns of a big-ticket slowdown: growth in larger projects is being driven by repairs rather than remodels, as high interest rates and weak housing turnover delay major renovation spending — a direct risk to Home Depot’s revenue mix and sales cadence. Home Depot Faces Big-Ticket Slowdown: Temporary or Trend?

Insider Buying and Selling

In other Home Depot news, 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 transaction, the chief financial officer owned 44,566 shares in the company, valued at approximately $16,439,951.74. This represents a 5.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.10% of the stock is owned by company insiders.

Home Depot Company 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.