BTC Capital Management Inc. Has $6.31 Million Holdings in The Home Depot, Inc. $HD

BTC Capital Management Inc. boosted its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 23.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,348 shares of the home improvement retailer’s stock after purchasing an additional 3,510 shares during the period. BTC Capital Management Inc.’s holdings in Home Depot were worth $6,308,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Brighton Jones LLC raised its stake in shares of Home Depot by 36.5% in the fourth quarter. Brighton Jones LLC now owns 26,918 shares of the home improvement retailer’s stock worth $10,471,000 after acquiring an additional 7,203 shares during the last quarter. Sivia Capital Partners LLC grew its stake in shares of Home Depot by 7.1% during the second quarter. Sivia Capital Partners LLC now owns 2,598 shares of the home improvement retailer’s stock valued at $952,000 after purchasing an additional 173 shares during the last quarter. Schnieders Capital Management LLC. increased its holdings in shares of Home Depot by 14.1% in the second quarter. Schnieders Capital Management LLC. now owns 11,587 shares of the home improvement retailer’s stock valued at $4,248,000 after purchasing an additional 1,433 shares in the last quarter. XTX Topco Ltd acquired a new stake in shares of Home Depot in the second quarter valued at approximately $549,000. Finally, Nicolet Bankshares Inc. raised its position in Home Depot by 1.3% in the 2nd quarter. Nicolet Bankshares Inc. now owns 7,125 shares of the home improvement retailer’s stock worth $2,612,000 after purchasing an additional 91 shares during the last quarter. Institutional investors own 70.86% of the company’s stock.

Home Depot Stock Performance

Shares of Home Depot stock opened at $330.00 on Thursday. The stock’s fifty day simple moving average is $363.47 and its 200 day simple moving average is $369.04. 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 company has a market capitalization of $328.69 billion, a PE ratio of 23.19, a PEG ratio of 3.59 and a beta of 1.09. 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 released its quarterly earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.52 by $0.20. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. 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 prior year, the company earned $3.13 earnings per share. The business’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. On average, research analysts predict that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Increases Dividend

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

Analysts Set New Price Targets

Several research analysts have issued reports on HD shares. Sanford C. Bernstein increased their price objective on Home Depot from $381.00 to $390.00 and gave the company a “market perform” rating in a research report on Wednesday, February 25th. Telsey Advisory Group restated an “outperform” rating and set a $435.00 target price on shares of Home Depot in a research report on Wednesday, March 25th. Wolfe Research upped 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. Guggenheim raised their price target on Home Depot from $400.00 to $425.00 and gave the company a “buy” rating in a report on Wednesday, February 25th. Finally, Daiwa Securities Group lifted their price objective on Home Depot from $360.00 to $390.00 and gave the stock a “neutral” rating in a research report on Thursday, February 26th. 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 stock. Based on data from MarketBeat.com, Home Depot currently has an average rating of “Moderate Buy” and an average price target of $414.17.

Key Home Depot News

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

• Positive Sentiment: Home Depot named Dr. Franziska “Fran” Bell as EVP and Chief Technology Officer to lead technology, product, data and AI — a move investors view as a catalyst for customer experience improvements and operational efficiencies that can boost margins over time. Home Depot sets sights on AI with CTO appointment
• Positive Sentiment: Coverage and commentary (TipRanks) highlight the new CTO hire as a tangible reason for investor enthusiasm — framing AI-driven, “behind-the-scenes” tech improvements as supportive of long-term same-store sales and cost efficiency. “Busy Behind the Scenes Making Your Life Easier,” Home Depot Stock (NYSE:HD) Gains With New Hire
• Positive Sentiment: Evercore trimmed its price target slightly to $415 (from $425) but kept an Outperform rating, leaving meaningful upside in the view of that analyst — a supportive signal that helps underpin the stock despite the modest PT cut. Evercore Inc lowers PT to $415, maintains outperform
• Neutral Sentiment: Home Depot expanded its online assortment via an agreement to carry AXIL Brands’ hearing-protection products on HomeDepot.com — a small, incremental boost to non-core category breadth and online sales. AXIL Brands Launches AXIL Hearing Protection Products at HomeDepot Online
• Neutral Sentiment: MarketWatch noted Home Depot stock rose but still underperformed the market — a reminder that short-term momentum is mixed even as strategic moves attract attention. Home Depot Inc. stock rises Tuesday, still underperforms market
• Negative Sentiment: Analyst commentary (Zacks) flags a slowdown in big‑ticket projects — repairs are driving modest growth while remodel activity remains weak due to high rates and low housing turnover, posing downside risk to sales and margins if the trend persists. Home Depot Faces Big-Ticket Slowdown: Temporary or Trend?
• Negative Sentiment: RH’s sharp Q4 miss and sector weakness (RH stock down 17%) may weigh on investor sentiment for home improvement/retail peers, increasing caution around discretionary spending trends and demand visibility. RH Q4 Earnings Lag Estimates, Revenues Up Y/Y, Stock Down 17%

Insider Transactions at Home Depot

In other Home Depot news, CFO Richard V. Mcphail sold 2,550 shares of the 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 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.10% of the company’s stock.

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.