Apollon Wealth Management LLC Has $28.94 Million Stock Holdings in The Home Depot, Inc. $HD

Apollon Wealth Management LLC cut its position in shares of The Home Depot, Inc. (NYSE:HD) by 2.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 84,094 shares of the home improvement retailer’s stock after selling 1,900 shares during the period. Apollon Wealth Management LLC’s holdings in Home Depot were worth $28,937,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Parvin Asset Management LLC increased its stake in shares of Home Depot by 110.0% during the 3rd quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock worth $26,000 after purchasing an additional 33 shares during the last quarter. Financially Speaking Inc acquired a new position in Home Depot in the 3rd quarter valued at about $31,000. Imprint Wealth LLC acquired a new position in Home Depot in the 3rd quarter valued at about $34,000. Dougherty Wealth Advisers LLC acquired a new position in Home Depot in the 3rd quarter valued at about $38,000. Finally, AXS Investments LLC acquired a new position in Home Depot in the 3rd quarter valued at about $38,000. 70.86% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Home Depot

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?

Insider Buying and Selling at Home Depot

In other 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 completion of the sale, the chief financial officer owned 44,566 shares of the company’s stock, valued at approximately $16,439,951.74. This represents a 5.41% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.10% of the company’s stock.

Home Depot Stock Performance

Shares of Home Depot stock opened at $337.13 on Friday. The company has a 50 day moving average of $356.43 and a 200-day moving average of $364.72. The Home Depot, Inc. has a 1-year low of $315.31 and a 1-year high of $426.75. 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 cap of $335.79 billion, a PE ratio of 23.69, a price-to-earnings-growth ratio of 3.69 and a beta of 1.09.

Home Depot (NYSE:HD) last issued its quarterly earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $38.01 billion. During the same quarter in the prior year, the firm posted $3.13 EPS. The firm’s quarterly revenue was down 3.8% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. As a group, equities research analysts forecast that The Home Depot, Inc. will post 15.13 earnings per share 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 is a boost from Home Depot’s previous quarterly dividend of $2.30. The ex-dividend date of this dividend was Thursday, March 12th. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.8%. Home Depot’s payout ratio is currently 65.50%.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. KeyCorp reiterated a “sector weight” rating on shares of Home Depot in a research note on Wednesday, February 25th. Morgan Stanley boosted their price objective on shares of Home Depot from $412.00 to $420.00 and gave the company an “overweight” rating in a report on Wednesday, February 25th. BNP Paribas Exane cut their price objective on shares of Home Depot from $391.00 to $348.00 and set a “neutral” rating for the company in a report on Tuesday, March 24th. Truist Financial set a $424.00 price objective on shares of Home Depot in a report on Tuesday, February 24th. Finally, Jefferies Financial Group boosted their price objective on shares of Home Depot from $424.00 to $454.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. Twenty equities 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 data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $414.17.

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.