Cardinal Capital Management Inc. Has $30.23 Million Position in The Home Depot, Inc. $HD

Cardinal Capital Management Inc. boosted its holdings in The Home Depot, Inc. (NYSE:HD) by 3.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 87,850 shares of the home improvement retailer’s stock after buying an additional 2,542 shares during the period. Cardinal Capital Management Inc.’s holdings in Home Depot were worth $30,229,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Trilogy Capital Inc. lifted its holdings in Home Depot by 14.7% in the fourth quarter. Trilogy Capital Inc. now owns 4,245 shares of the home improvement retailer’s stock valued at $1,461,000 after buying an additional 544 shares during the period. Douglas Lane & Associates LLC increased its holdings in Home Depot by 4.6% in the fourth quarter. Douglas Lane & Associates LLC now owns 27,458 shares of the home improvement retailer’s stock valued at $9,448,000 after purchasing an additional 1,218 shares during the last quarter. Kennebec Savings Bank increased its holdings in Home Depot by 3.7% in the fourth quarter. Kennebec Savings Bank now owns 4,171 shares of the home improvement retailer’s stock valued at $1,435,000 after purchasing an additional 150 shares during the last quarter. Granite Harbor Advisors Inc. increased its holdings in Home Depot by 2.3% in the fourth quarter. Granite Harbor Advisors Inc. now owns 4,310 shares of the home improvement retailer’s stock valued at $1,483,000 after purchasing an additional 96 shares during the last quarter. Finally, DeDora Capital Inc. increased its holdings in Home Depot by 0.4% in the fourth quarter. DeDora Capital Inc. now owns 13,452 shares of the home improvement retailer’s stock valued at $4,629,000 after purchasing an additional 58 shares during the last quarter. 70.86% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

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 value of $940,669.50. Following the completion of the sale, the chief financial officer directly owned 44,566 shares in the company, valued at $16,439,951.74. This represents a 5.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.10% of the stock is owned by company insiders.

Home Depot News Roundup

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

• Positive Sentiment: Erste Group raised its FY2028 EPS estimate for Home Depot, which supports upward earnings revisions and could be a catalyst for the stock if other brokers follow suit. Home Depot FY2028 EPS Estimate Increased by Erste Group Bank
• Positive Sentiment: Brokerage coverage remains favorable overall — Home Depot recently received a consensus “Moderate Buy” from analysts, which can support demand from institutional investors. The Home Depot Receives Consensus Recommendation of “Moderate Buy”
• Positive Sentiment: Recent pieces highlighting Wall Street analyst optimism argue that buy-side sentiment and average brokerage recommendations remain constructive for HD, providing a counterweight to headline risk. Is Home Depot (HD) a Buy as Wall Street Analysts Look Optimistic?
• Neutral Sentiment: Home Depot presented at the J.P. Morgan Retail Round Up — investor presentations can clarify strategy and guide expectations but typically have a gradual impact. HD Presents at J.P. Morgan Retail Round Up Forum 2026 Transcript
• Neutral Sentiment: Several outlets are debating whether the shares still offer value after recent strength; this keeps valuation front-and-center for investors deciding to add or trim exposure. Is It Too Late To Consider Home Depot (HD)?
• Negative Sentiment: CNBC host Jim Cramer called Home Depot one of his “two worst stocks,” a high-visibility negative comment that can sway retail sentiment and increase short-term selling pressure. Jim Cramer Says Home Depot Is One of His Two Worst Stocks
• Negative Sentiment: Coverage questioning why HD shares have fallen and whether the pullback is a buying opportunity highlights near-term downside concerns around same-store sales trends and consumer remodeling demand. Why Is Home Depot Stock Falling, and is it a Buying Opportunity?

Analyst Upgrades and Downgrades

HD has been the subject of a number of recent analyst reports. TD Cowen reiterated a “buy” rating on shares of Home Depot in a report on Thursday, March 12th. The Goldman Sachs Group dropped their price objective on Home Depot from $413.00 to $409.00 in a report on Wednesday, February 25th. UBS Group reiterated an “outperform” rating on shares of Home Depot in a report on Tuesday, March 24th. Wall Street Zen upgraded Home Depot from a “sell” rating to a “hold” rating in a report on Saturday, March 21st. Finally, 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. Twenty research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $414.17.

Home Depot Stock Down 0.7%

Shares of Home Depot stock opened at $337.13 on Friday. The Home Depot, Inc. has a 1 year low of $315.31 and a 1 year high of $426.75. The business has a 50-day moving average of $356.43 and a two-hundred day moving average of $365.04. The company has a market capitalization of $335.79 billion, a P/E ratio of 23.69, a price-to-earnings-growth ratio of 3.71 and a beta of 1.09. The company has a debt-to-equity ratio of 3.62, a current ratio of 1.06 and a quick ratio of 0.26.

Home Depot (NYSE:HD) last announced its quarterly earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share (EPS) 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 company had revenue of $38.20 billion during the quarter, compared to the consensus estimate of $38.01 billion. During the same period in the prior year, the company earned $3.13 earnings per share. The company’s revenue for the quarter 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 predict that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th were issued a $2.33 dividend. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. This is an increase from Home Depot’s previous quarterly dividend of $2.30. The ex-dividend date was Thursday, March 12th. Home Depot’s dividend payout ratio is currently 65.50%.

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.