Blackston Financial Advisory Group LLC Sells 1,697 Shares of The Home Depot, Inc. $HD

Blackston Financial Advisory Group LLC lowered its holdings in The Home Depot, Inc. (NYSE:HD) by 46.9% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,925 shares of the home improvement retailer’s stock after selling 1,697 shares during the period. Blackston Financial Advisory Group LLC’s holdings in Home Depot were worth $780,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of HD. Sagard Holdings Management Inc. bought a new stake in Home Depot during the second quarter valued at approximately $29,000. Financially Speaking Inc bought a new position in shares of Home Depot in the 3rd quarter worth $31,000. LFA Lugano Financial Advisors SA purchased a new stake in shares of Home Depot during the 2nd quarter valued at $32,000. Legacy Investment Solutions LLC purchased a new stake in shares of Home Depot during the 2nd quarter valued at $35,000. Finally, Dougherty Wealth Advisers LLC bought a new stake in shares of Home Depot during the 3rd quarter worth $38,000. 70.86% of the stock is currently owned by institutional investors.

Home Depot Stock Down 0.9%

Shares of Home Depot stock opened at $358.28 on Friday. The Home Depot, Inc. has a 12-month low of $326.31 and a 12-month high of $426.75. The company has a market cap of $356.67 billion, a P/E ratio of 25.18, a PEG ratio of 13.00 and a beta of 1.09. The company’s fifty day simple moving average is $373.58 and its two-hundred day simple moving average is $378.81. The company has a current ratio of 1.06, a quick ratio of 0.26 and a debt-to-equity ratio of 3.62.

Home Depot (NYSE:HD) last issued its quarterly earnings data on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, topping the consensus estimate of $2.52 by $0.20. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The business had revenue of $38.20 billion during the quarter, compared to analyst estimates of $38.01 billion. During the same period last year, the business posted $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. Research analysts anticipate that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th will be issued a $2.33 dividend. This represents a $9.32 dividend on an annualized basis and a yield of 2.6%. This is a positive change from Home Depot’s previous quarterly dividend of $2.30. The ex-dividend date is Thursday, March 12th. Home Depot’s dividend payout ratio is currently 64.65%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on HD shares. TD Cowen upped their target price on shares of Home Depot from $410.00 to $450.00 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. Royal Bank Of Canada lifted their price target on Home Depot from $363.00 to $377.00 and gave the stock a “sector perform” rating in a research note on Wednesday, February 25th. JPMorgan Chase & Co. cut their price objective on Home Depot from $444.00 to $423.00 and set an “overweight” rating for the company in a report on Wednesday, November 19th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Home Depot in a research report on Monday, December 29th. Finally, Zacks Research raised Home Depot from a “strong sell” rating to a “hold” rating in a report on Monday, February 9th. 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 stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $416.00.

Trending Headlines about Home Depot

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

• Positive Sentiment: Launched a real‑time GPS delivery tracker for big & bulky materials aimed at Pro customers — this product should reduce jobsite downtime, deepen contractor relationships and increase service stickiness for Home Depot’s high-value Pro channel. PR Newswire: Delivery Tracker
• Positive Sentiment: Bullish media endorsement from Jim Cramer — he flagged HD as a core holding for when rates are cut, which can lift investor interest in cyclical/interest-rate-sensitive names. MSN: Jim Cramer
• Positive Sentiment: Dividend increased to $2.33 quarterly (annualized $9.32, ~2.6% yield) — supports income investor demand and underscores management’s confidence in cash flow. MarketBeat: HD overview
• Neutral Sentiment: Institutional repositioning — several smaller institutional buys reported in Q4 but overall ownership remains concentrated (≈71% institutional). These moves are incremental and not large directional shifts. MarketBeat: Institutional activity
• Neutral Sentiment: Mixed analyst coverage — majority of analysts rate HD Buy/Moderate Buy with a consensus target above the current price, but several firms trimmed targets recently; investors watch revisions for guidance on earnings momentum. Yahoo: Buy/Sell/Hold discussion
• Negative Sentiment: Insider selling — CFO Richard McPhail sold 2,550 shares (~$940k). Insider sales can prompt short‑term selling or investor caution even when not uncommon. InsiderTrades: CFO sale
• Negative Sentiment: Top‑line softness and valuation pressure — Q4 revenue fell ~3.8% YoY despite an EPS beat, and some commentary/articles flag valuation concerns relative to growth. High leverage (debt/equity ~3.6) and a payout ratio near ~65% increase sensitivity to slower sales. Yahoo: Delivery tracker + valuation note

Insider Transactions at Home Depot

In other news, CFO Richard V. Mcphail sold 2,550 shares of the business’s stock in a transaction 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 sale, the chief financial officer owned 44,566 shares in the company, valued at approximately $16,439,951.74. The trade was a 5.41% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Angie Brown sold 1,946 shares of the stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $357.63, for a total transaction 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 approximately $1,409,419.83. The trade was a 33.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 7,513 shares of company stock worth $2,689,515. Corporate insiders own 0.10% of the company’s stock.

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.