American Century Companies Inc. Sells 229,317 Shares of The Home Depot, Inc. $HD

American Century Companies Inc. lowered its position in The Home Depot, Inc. (NYSE:HD) by 21.5% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 839,504 shares of the home improvement retailer’s stock after selling 229,317 shares during the quarter. American Century Companies Inc. owned about 0.08% of Home Depot worth $340,160,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Keystone Investors PTE Ltd. bought a new position in shares of Home Depot in the 3rd quarter worth $614,000. Mosaic Family Wealth Partners LLC increased its holdings in shares of Home Depot by 3.6% in the third quarter. Mosaic Family Wealth Partners LLC now owns 2,049 shares of the home improvement retailer’s stock worth $833,000 after buying an additional 72 shares during the period. Abacus Wealth Partners LLC lifted its position in Home Depot by 15.2% in the third quarter. Abacus Wealth Partners LLC now owns 688 shares of the home improvement retailer’s stock valued at $279,000 after purchasing an additional 91 shares during the last quarter. Ninepoint Partners LP purchased a new stake in Home Depot during the 3rd quarter valued at $483,000. Finally, Dunhill Financial LLC boosted its holdings in shares of Home Depot by 19.7% during the third quarter. Dunhill Financial LLC now owns 626 shares of the home improvement retailer’s stock worth $254,000 after purchasing an additional 103 shares during the period. 70.86% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Angie Brown sold 1,946 shares of the company’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $357.63, for a total value of $695,947.98. Following the completion of the transaction, the executive vice president owned 3,941 shares of the company’s stock, valued at $1,409,419.83. This represents a 33.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of the stock in a transaction dated 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 sale, the executive vice president owned 13,196 shares of the company’s stock, valued at $4,599,069.92. This represents a 17.87% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 4,963 shares of company stock worth $1,748,845. Corporate insiders own 0.10% of the company’s stock.

Home Depot Price Performance

NYSE HD opened at $380.71 on Friday. The Home Depot, Inc. has a 12 month low of $326.31 and a 12 month high of $426.75. The stock has a market cap of $379.00 billion, a price-to-earnings ratio of 26.75, a PEG ratio of 13.44 and a beta of 1.08. The company’s 50 day moving average is $371.76 and its two-hundred day moving average is $380.00. The company has a current ratio of 1.06, a quick ratio of 0.29 and a debt-to-equity ratio of 3.62.

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, beating the consensus estimate of $2.52 by $0.20. The business had revenue of $38.20 billion for the quarter, compared to the consensus estimate of $38.01 billion. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The company’s revenue for the quarter was down 3.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.13 earnings per share. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. As a group, research 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 announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be issued a $2.33 dividend. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $9.32 annualized dividend and a yield of 2.4%. This is an increase from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s payout ratio is currently 64.65%.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Zacks Research upgraded shares of Home Depot from a “strong sell” rating to a “hold” rating in a report on Monday, February 9th. DA Davidson raised their price objective on Home Depot from $407.00 to $445.00 and gave the company a “buy” rating in a research report on Tuesday. Morgan Stanley lifted their target price on shares of Home Depot from $412.00 to $420.00 and gave the stock an “overweight” rating in a report on Wednesday. Bank of America lowered their price target on Home Depot from $450.00 to $430.00 and set a “buy” rating on the stock in a report on Wednesday, November 19th. Finally, KGI Securities downgraded shares of Home Depot from an “outperform” rating to a “hold” rating and set a $320.00 price target on the stock. in a report on Wednesday, November 19th. Twenty investment 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’s stock. Based on data from MarketBeat, Home Depot presently has a consensus rating of “Moderate Buy” and a consensus target price of $416.00.

Home Depot News Roundup

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

• Positive Sentiment: Q4 beats, revenue and dividend hike — Home Depot topped Q4 estimates (EPS and revenue), reported positive comparable‑store sales, and approved a 1.3% dividend increase, signaling management confidence in cash flow. Does Home Depot’s Modest 2026 Outlook And Dividend Hike Reframe The Tech‑And‑Pro Story For HD?
• Positive Sentiment: Pro/customer mix is protecting results — Professional contractors are driving resilience in sales (Pro-focused initiatives, SRS integration and trade services are improving stickiness and margins versus DIY). Home Depot’s Pro Ecosystem Shows Resilience in Soft Market
• Positive Sentiment: Analyst support is increasing — Several firms have raised price targets and some analysts (including TD Cowen coverage) kept or added bullish ratings, giving the stock upward momentum. Home Depot: Pro-Focused Growth and Acquisition Integration Position FY26 as an Inflection Year Supporting a Buy Rating
• Positive Sentiment: Recent price‑target upgrades — Firms including Stifel, Daiwa and others nudged up targets post‑earnings, providing technical and sentiment support for the shares. Home Depot price target raised to $375 from $350 at Stifel
• Neutral Sentiment: 2026 guidance is modest — Management gave conservative FY26 sales/EPS guidance (low‑single‑digit sales growth, flat to low single‑digit EPS growth) and plans ~15 new store openings, which tempers upside until the housing cycle improves. Does Home Depot’s Modest 2026 Outlook And Dividend Hike Reframe The Tech‑And‑Pro Story For HD?
• Negative Sentiment: Macro/housing headwinds weigh on sentiment — High mortgage rates and low existing‑home turnover (“lock‑in” effect) are keeping big discretionary remodel projects on hold, which has driven short‑term investor caution and prior sell‑offs. Jim Cramer Wonders Why People Are Selling Home Depot (HD) Shares

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.