The Home Depot, Inc. $HD Shares Sold by Beacon Investment Advisory Services Inc.

Beacon Investment Advisory Services Inc. trimmed its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 2.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 79,536 shares of the home improvement retailer’s stock after selling 2,271 shares during the quarter. Home Depot accounts for about 1.1% of Beacon Investment Advisory Services Inc.’s portfolio, making the stock its 29th largest position. Beacon Investment Advisory Services Inc.’s holdings in Home Depot were worth $27,368,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Silphium Asset Management Ltd grew its position in Home Depot by 77.2% during the 3rd quarter. Silphium Asset Management Ltd now owns 13,544 shares of the home improvement retailer’s stock worth $5,488,000 after purchasing an additional 5,900 shares during the last quarter. Truist Financial Corp raised its holdings in shares of Home Depot by 0.3% in the third quarter. Truist Financial Corp now owns 1,095,113 shares of the home improvement retailer’s stock worth $443,729,000 after buying an additional 3,608 shares during the last quarter. Asset Management One Co. Ltd. lifted its stake in shares of Home Depot by 2.3% during the third quarter. Asset Management One Co. Ltd. now owns 534,564 shares of the home improvement retailer’s stock worth $216,600,000 after buying an additional 12,239 shares during the period. Atlantic Union Bankshares Corp grew its holdings in shares of Home Depot by 59.9% during the third quarter. Atlantic Union Bankshares Corp now owns 107,438 shares of the home improvement retailer’s stock valued at $43,533,000 after buying an additional 40,232 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of Home Depot in the 3rd quarter valued at $1,888,000. 70.86% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

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

Home Depot Stock Down 2.4%

Shares of HD stock opened at $321.79 on Friday. The Home Depot, Inc. has a twelve month low of $318.66 and a twelve month high of $426.75. The stock has a market cap of $320.51 billion, a P/E ratio of 22.61, a P/E/G ratio of 3.60 and a beta of 1.09. The stock has a 50 day moving average of $362.29 and a 200 day moving average of $368.71. 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 data on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, topping the consensus estimate of $2.52 by $0.20. The business had revenue of $38.20 billion for the quarter, compared to analyst estimates of $38.01 billion. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.The business’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. As a group, sell-side analysts expect that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Increases Dividend

The company also recently declared 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. This represents a $9.32 dividend on an annualized basis and a yield of 2.9%. This is a boost from Home Depot’s previous quarterly dividend of $2.30. The ex-dividend date of this dividend was Thursday, March 12th. Home Depot’s payout ratio is currently 65.50%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Jefferies Financial Group lifted their price target on Home Depot from $424.00 to $454.00 and gave the stock a “buy” rating in a research report on Tuesday, February 24th. The Goldman Sachs Group reduced their price objective on Home Depot from $413.00 to $409.00 in a research note on Wednesday, February 25th. Daiwa Securities Group lifted their target price on Home Depot from $360.00 to $390.00 and gave the stock a “neutral” rating in a report on Thursday, February 26th. Oppenheimer cut their price target on shares of Home Depot from $420.00 to $405.00 and set a “market perform” rating on the stock in a report on Friday, December 5th. Finally, Zacks Research raised shares of Home Depot from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. Twenty research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Home Depot currently has an average rating of “Moderate Buy” and a consensus price target of $414.17.

Home Depot News Roundup

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

• Positive Sentiment: Home Depot is expanding into HVAC distribution with the acquisition of Mingledorff’s, increasing exposure to a ~$100B HVAC market in the Southeast and signaling growth beyond core retail. The deal is expected to keep Mingledorff’s leadership in place and have minimal near‑term leverage impact. Read More.
• Positive Sentiment: The company appointed Franziska Bell to lead its AI-driven technology strategy as CTO, a move aimed at customer experience and operational efficiency that could improve margins and productivity over time. Read More.
• Positive Sentiment: Home Depot broadened its online assortment through a supplier partnership (AXIL Brands) that adds specialty products to HomeDepot.com, supporting incremental e‑commerce sales. Read More.
• Neutral Sentiment: Evercore lowered its price target on HD from $425 to $415 but kept an Outperform rating, reflecting confidence in the long-term story despite near-term headwinds. That keeps institutional backing but removes some upside cushion. Read More.
• Neutral Sentiment: Coverage pieces place Home Depot among large-cap stocks with mixed potential — highlighting stable dividend/scale attributes but also slower growth versus peers; this frames HD as a steadier income/quality holding rather than a high-growth pick. Read More.
• Negative Sentiment: Despite beating EPS estimates last quarter ($2.72 vs. $2.52), Home Depot reported revenue down ~3.8% Y/Y and set FY2026 EPS guidance in the $14.23–$14.80 range, below some sell‑side forecasts — a combination that pressures near‑term sentiment and valuation multiples. Read More.
• Negative Sentiment: Analysts and coverage highlight a worrisome shift in consumer behavior and intensifying competition from Lowe’s (which is upgrading its shopping experience), both of which could weigh on same‑store sales and margin recovery. Read More.
• Negative Sentiment: Sector headlines and other retail misses (e.g., peer earnings volatility) are pressuring stocks in the space, increasing risk aversion among investors and amplifying downside for HD until clearer sales/margin improvement shows up. Read More.

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.