The Home Depot, Inc. $HD Shares Bought by Citizens Business Bank

Citizens Business Bank raised its holdings in The Home Depot, Inc. (NYSE:HD) by 88.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,356 shares of the home improvement retailer’s stock after purchasing an additional 7,191 shares during the period. Home Depot comprises 1.1% of Citizens Business Bank’s holdings, making the stock its 27th largest position. Citizens Business Bank’s holdings in Home Depot were worth $6,222,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Vanguard Group Inc. increased its holdings in Home Depot by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 98,310,031 shares of the home improvement retailer’s stock worth $39,834,241,000 after acquiring an additional 331,217 shares in the last quarter. State Street Corp grew its position in shares of Home Depot by 0.7% in the second quarter. State Street Corp now owns 46,015,836 shares of the home improvement retailer’s stock valued at $16,871,246,000 after purchasing an additional 300,352 shares during the period. Geode Capital Management LLC increased its stake in shares of Home Depot by 1.4% during the second quarter. Geode Capital Management LLC now owns 22,978,809 shares of the home improvement retailer’s stock worth $8,394,611,000 after purchasing an additional 327,674 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Home Depot by 1.1% during the second quarter. Charles Schwab Investment Management Inc. now owns 14,568,860 shares of the home improvement retailer’s stock worth $5,341,724,000 after purchasing an additional 153,582 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of Home Depot during the 2nd quarter worth about $4,885,603,000. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Home Depot

In other Home Depot news, EVP Ann Marie Campbell sold 145 shares of Home Depot stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $358.26, for a total value of $51,947.70. Following the sale, the executive vice president owned 12,320 shares in the company, valued at $4,413,763.20. The trade was a 1.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of the stock in a transaction on Friday, December 26th. The stock was sold at an average price of $348.52, for a total value of $1,000,949.44. Following the transaction, the executive vice president owned 13,196 shares of the company’s stock, valued at approximately $4,599,069.92. This represents a 17.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 4,963 shares of company stock worth $1,748,845. Insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on HD. Piper Sandler lowered their price objective on Home Depot from $441.00 to $422.00 and set an “overweight” rating on the stock in a report on Monday. Zacks Research raised Home Depot from a “strong sell” rating to a “hold” rating in a research note on Monday, February 9th. Gordon Haskett boosted their price target on Home Depot from $330.00 to $370.00 and gave the stock a “hold” rating in a research report on Wednesday, February 11th. KGI Securities lowered Home Depot from an “outperform” rating to a “hold” rating and set a $320.00 price objective on the stock. in a report on Wednesday, November 19th. Finally, TD Cowen lifted their target price on shares of Home Depot from $410.00 to $450.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. Twenty research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $414.97.

Home Depot News Roundup

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

• Positive Sentiment: Q4 beat on the bottom and top line — Adjusted EPS of $2.72 topped estimates and revenue of $38.2B slightly beat forecasts, showing resilience (positive near‑term earnings surprise). PR Newswire: HD Q4 release
• Positive Sentiment: Dividend raised — Board increased the quarterly dividend to $2.33 (1.3% raise), supporting income investors and signaling confidence in cash flow. Dividend announcement
• Positive Sentiment: Analyst upsides piling up — Multiple firms raised price targets and reiterated buys (e.g., UBS, DA Davidson, Guggenheim, Telsey, Morgan Stanley), giving upward pressure on the stock over the medium term. Benzinga: analyst moves
• Neutral Sentiment: Pro‑customer momentum and mix shift — Home Depot highlighted pro (contractor/B2B) strength and digital growth, a structural positive that partially offsets weak DIY demand but may take time to materially lift comps. PYMNTS: B2B business
• Negative Sentiment: Tepid FY‑2026 guidance and “frozen” housing commentary — Management gave modest sales/EPS growth guidance (comps flat to +2%) and warned customers are deferring big projects, which re‑sets expectations and is the primary reason shares pulled back. Fortune: CEO comments
• Negative Sentiment: Peer caution amplified selling — Lowe’s cautious outlook and mixed retailer commentary renewed category fears (high rates, low housing turnover), triggering profit‑taking across home‑improvement names. QuiverQuant: sector jitters
• Negative Sentiment: Sales decline, margin pressure and valuation questions — Revenue was down 3.8% YoY and some analysts/commentators flagged margin compression and a premium valuation, giving bears ammunition. Seeking Alpha: valuation concerns
• Negative Sentiment: Insider selling and mixed institutional flows noted — Recent insider sales and some big institutional rebalances were flagged in the data feed, which can add short‑term selling pressure. Source: newsfeed data

Home Depot Stock Down 2.3%

NYSE HD opened at $375.45 on Thursday. The Home Depot, Inc. has a 52 week low of $326.31 and a 52 week high of $426.75. The company has a quick ratio of 0.29, a current ratio of 1.06 and a debt-to-equity ratio of 3.62. The business’s fifty day simple moving average is $370.65 and its 200-day simple moving average is $380.09. The firm has a market cap of $373.77 billion, a PE ratio of 26.38, a P/E/G ratio of 13.83 and a beta of 1.08.

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 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 analyst estimates of $38.01 billion. During the same quarter in the prior year, the firm posted $3.13 earnings per share. Home Depot’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 analysts anticipate that The Home Depot, Inc. will post 15.13 earnings per share for the current year.

Home Depot Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be given a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Thursday, March 12th. This is a boost from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s dividend payout ratio is presently 62.71%.

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.