The Home Depot, Inc. $HD Shares Purchased by AMG National Trust Bank

AMG National Trust Bank raised its position in The Home Depot, Inc. (NYSE:HD) by 9.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 97,919 shares of the home improvement retailer’s stock after acquiring an additional 8,621 shares during the quarter. AMG National Trust Bank’s holdings in Home Depot were worth $33,694,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Brighton Jones LLC grew its stake in Home Depot by 36.5% during the 4th quarter. Brighton Jones LLC now owns 26,918 shares of the home improvement retailer’s stock worth $10,471,000 after purchasing an additional 7,203 shares in the last quarter. Sivia Capital Partners LLC raised its position in Home Depot by 7.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 2,598 shares of the home improvement retailer’s stock valued at $952,000 after purchasing an additional 173 shares in the last quarter. Schnieders Capital Management LLC. boosted its stake in shares of Home Depot by 14.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 11,587 shares of the home improvement retailer’s stock valued at $4,248,000 after buying an additional 1,433 shares during the period. Darwin Wealth Management LLC purchased a new position in shares of Home Depot in the 2nd quarter valued at about $1,773,000. Finally, Financial Advisors Network Inc. grew its position in shares of Home Depot by 11.3% during the second quarter. Financial Advisors Network Inc. now owns 2,368 shares of the home improvement retailer’s stock worth $868,000 after buying an additional 241 shares in the last quarter. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

Home Depot News Summary

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

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on HD. Evercore reduced their target price on shares of Home Depot from $425.00 to $415.00 and set an “outperform” rating on the stock in a report on Tuesday, March 31st. 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 shares of Home Depot from $413.00 to $409.00 in a research report on Wednesday, February 25th. Gordon Haskett raised their price objective on shares of Home Depot from $330.00 to $370.00 and gave the company a “hold” rating in a report on Wednesday, February 11th. Finally, Piper Sandler dropped their target price on Home Depot from $441.00 to $422.00 and set an “overweight” rating on the stock in a report on Monday, February 23rd. Twenty research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $414.17.

Insider Transactions at Home Depot

In other Home Depot news, CFO Richard V. Mcphail sold 2,550 shares of Home Depot stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $368.89, for a total transaction of $940,669.50. Following the transaction, the chief financial officer owned 44,566 shares of the company’s stock, valued at $16,439,951.74. The trade was a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.08% of the stock is owned by corporate insiders.

Home Depot Trading Down 1.1%

NYSE HD opened at $332.29 on Tuesday. The firm’s fifty day moving average price is $346.54 and its 200 day moving average price is $360.16. The Home Depot, Inc. has a 12 month low of $315.31 and a 12 month high of $426.75. 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 company has a market capitalization of $330.97 billion, a price-to-earnings ratio of 23.35, a price-to-earnings-growth ratio of 3.67 and a beta of 1.09.

Home Depot (NYSE:HD) last announced its quarterly earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, beating 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 firm had revenue of $38.20 billion during the quarter, compared to analysts’ expectations of $38.01 billion. During the same period in the previous year, the company earned $3.13 earnings per share. Home Depot’s quarterly revenue 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. On average, sell-side analysts expect that The Home Depot, Inc. will post 15.03 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. Investors of record on Thursday, March 12th were paid a dividend of $2.33 per share. The ex-dividend date was Thursday, March 12th. This represents a $9.32 dividend on an annualized basis and a yield of 2.8%. This is a boost from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s dividend payout ratio (DPR) is 65.50%.

About Home Depot

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.