The Home Depot, Inc. $HD Shares Bought by Florida Trust Wealth Management Co

Florida Trust Wealth Management Co boosted its holdings in The Home Depot, Inc. (NYSE:HD) by 0.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 248,348 shares of the home improvement retailer’s stock after purchasing an additional 1,606 shares during the quarter. Home Depot makes up 2.4% of Florida Trust Wealth Management Co’s portfolio, making the stock its 6th biggest holding. Florida Trust Wealth Management Co’s holdings in Home Depot were worth $85,456,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Kelleher Financial Advisors grew its holdings in Home Depot by 23.5% in the 4th quarter. Kelleher Financial Advisors now owns 614 shares of the home improvement retailer’s stock valued at $211,000 after buying an additional 117 shares during the period. Nvwm LLC lifted its holdings in shares of Home Depot by 5.0% during the 4th quarter. Nvwm LLC now owns 8,509 shares of the home improvement retailer’s stock worth $2,928,000 after acquiring an additional 406 shares during the period. Westwood Wealth Management purchased a new position in shares of Home Depot during the 4th quarter worth about $879,000. Princeton Global Asset Management LLC boosted its position in shares of Home Depot by 1.0% in the fourth quarter. Princeton Global Asset Management LLC now owns 11,183 shares of the home improvement retailer’s stock worth $3,848,000 after acquiring an additional 106 shares during the last quarter. Finally, Invesco LLC boosted its position in shares of Home Depot by 1.1% in the fourth quarter. Invesco LLC now owns 4,657 shares of the home improvement retailer’s stock worth $1,602,000 after acquiring an additional 49 shares during the last quarter. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Home Depot

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

• Positive Sentiment: Named Franziska Bell (formerly Ford’s AI lead) as EVP & CTO to scale agentic AI — a move that could accelerate merchandising, supply-chain automation and customer personalization, supporting long‑term margin upside. Home Depot Recruits Ford Tech Leader to Scale Agentic AI
• Positive Sentiment: Expanding into HVAC distribution with the Mingledorff’s deal increases exposure to a ~$100B market in the Southeast and diversifies B2B revenue streams — management expects minimal leverage impact. This helps the growth/market‑reach story. Home Depot HVAC Deal Expands Market Reach And Shifts Investor Focus
• Neutral Sentiment: Still counts as a Dividend Aristocrat, which supports income investors’ interest but doesn’t change near‑term growth dynamics. Meet the Next Generation of Dividend Aristocrats
• Negative Sentiment: Shares hit a 52-week low amid broader market pressures and sector headwinds, a clear near-term bearish signal for momentum and sentiment. Home Depot stock hits 52-week low at $320.22 amid market pressures
• Negative Sentiment: Evercore cut its price target to $415, signaling reduced analyst upside and likely weighing on sentiment among momentum and target‑driven investors. Evercore Cuts Home Depot (NYSE:HD) Price Target to $415.00
• Negative Sentiment: Recent coverage highlights a downward move in the stock amid broader market gains and notes worrisome shifts in consumer behavior and slowing comparable‑sales trends — pressure on near‑term top‑line and margins. Home Depot (HD) Stock Sinks As Market Gains: Here’s Why

Home Depot Stock Up 0.1%

Shares of NYSE:HD opened at $321.79 on Monday. The firm has a market cap of $320.51 billion, a PE ratio of 22.61, a price-to-earnings-growth ratio of 3.51 and a beta of 1.09. The company has a fifty day simple moving average of $361.06 and a 200 day simple moving average of $367.28. 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 $318.66 and a 12-month high of $426.75.

Home Depot (NYSE:HD) last announced its quarterly earnings data 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. The firm had revenue of $38.20 billion for the quarter, compared to analysts’ expectations of $38.01 billion. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.Home Depot’s revenue for the quarter was down 3.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.13 earnings per share. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. On average, equities research analysts anticipate that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.

Home Depot Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th were issued a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a dividend yield of 2.9%. This is a positive change from Home Depot’s previous quarterly dividend of $2.30. The ex-dividend date of this dividend was Thursday, March 12th. Home Depot’s dividend payout ratio is presently 65.50%.

Analyst Ratings Changes

HD has been the subject of a number of research analyst reports. 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. Telsey Advisory Group reiterated an “outperform” rating and issued a $435.00 target price on shares of Home Depot in a report on Wednesday, March 25th. Sanford C. Bernstein boosted their price target 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. TD Cowen restated a “buy” rating on shares of Home Depot in a research note on Thursday, March 12th. Finally, Daiwa Securities Group raised their price objective on Home Depot from $360.00 to $390.00 and gave the stock a “neutral” rating in a report on Thursday, February 26th. Twenty research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $414.17.

Insider Activity

In related news, CFO Richard V. Mcphail sold 2,550 shares of Home Depot 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 sale, the chief financial officer directly owned 44,566 shares in the company, valued at $16,439,951.74. This trade represents a 5.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 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.