FARMERS & MERCHANTS TRUST Co OF LONG BEACH Has $1.74 Million Position in The Home Depot, Inc. $HD

FARMERS & MERCHANTS TRUST Co OF LONG BEACH reduced its position in shares of The Home Depot, Inc. (NYSE:HD) by 35.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,069 shares of the home improvement retailer’s stock after selling 2,759 shares during the period. FARMERS & MERCHANTS TRUST Co OF LONG BEACH’s holdings in Home Depot were worth $1,744,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in HD. Parvin Asset Management LLC lifted its holdings in 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. Key Capital Management INC acquired a new stake in Home Depot during the 4th quarter worth approximately $28,000. Financially Speaking Inc acquired a new stake in Home Depot during the 3rd quarter worth approximately $31,000. Disciplined Equity Management Inc. acquired a new stake in Home Depot during the 4th quarter worth approximately $34,000. Finally, Family CFO Inc acquired a new stake in Home Depot during the 4th quarter worth approximately $34,000. 70.86% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CFO Richard V. Mcphail sold 2,550 shares of Home Depot stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $368.89, for a total value of $940,669.50. Following the transaction, 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 position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.08% of the company’s stock.

Trending Headlines about Home Depot

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

• Positive Sentiment: HD’s digital strategy is driving store productivity and higher engagement (management turning stores into efficient fulfillment hubs), which supports revenue resilience and margins over time. Home Depot’s Digital Growth: Supporting Store Productivity?
• Positive Sentiment: Income investors are reminded of HD’s attractive dividend, which some analysts and commentators call a “forever-stock” feature—supporting share stability and long-term total return expectations. 1 Reason I’d Buy Home Depot Stock Today and Never Sell
• Neutral Sentiment: The stock trades at a premium (roughly 23x P/E); some analysts argue HD’s shift toward serving professional contractors and infrastructure makes that multiple reasonable, but near-term profit pressures remain. What Justifies Home Depot’s 23x Multiple?
• Neutral Sentiment: Average brokerage recommendations remain bullish, but media pieces caution that the ABR can be noisy and should be weighed with fundamentals and guidance. This creates mixed near-term sentiment among investors. Is It Worth Investing in Home Depot (HD) Based on Wall Street’s Bullish Views?
• Negative Sentiment: HD shares slipped amid a broader market uptick today, suggesting sector- or stock-specific selling pressure unrelated to company fundamentals in some sessions. Home Depot (HD) Stock Falls Amid Market Uptick: What Investors Need to Know
• Negative Sentiment: Industry weakness showed up as a partner/rival (Wren Kitchens) filed Chapter 7, underscoring consumer caution and housing-related soft spots that could pressure Home Depot’s sales cadence. Home Depot partner and rival closes, files Chapter 7 bankruptcy

Home Depot Price Performance

Shares of NYSE HD opened at $332.29 on Tuesday. The stock has a market capitalization of $330.97 billion, a PE ratio of 23.35, a P/E/G ratio of 3.67 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. The business has a fifty day moving average price of $346.54 and a two-hundred day moving average price of $360.16. The Home Depot, Inc. has a fifty-two week low of $315.31 and a fifty-two week 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 for the quarter, beating the consensus estimate of $2.52 by $0.20. The firm had revenue of $38.20 billion during 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%.The company’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.13 EPS. 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 15.03 earnings per share for the current fiscal year.

Home Depot Increases Dividend

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

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on HD shares. Wall Street Zen raised Home Depot from a “sell” rating to a “hold” rating in a report on Saturday, March 21st. Zacks Research raised Home Depot from a “strong sell” rating to a “hold” rating in a report on Monday, February 9th. Citigroup lifted their price objective on Home Depot from $407.00 to $450.00 and gave the company a “buy” rating in a report on Thursday, February 12th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Home Depot in a report on Friday, March 27th. Finally, Truist Financial set a $424.00 price objective on Home Depot in a report on Tuesday, February 24th. 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, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $414.17.

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.