AIA Group Ltd Has $29.47 Million Stock Holdings in The Home Depot, Inc. $HD

AIA Group Ltd trimmed its stake in shares of The Home Depot, Inc. (NYSE:HD) by 37.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 72,732 shares of the home improvement retailer’s stock after selling 43,509 shares during the quarter. Home Depot makes up 0.5% of AIA Group Ltd’s holdings, making the stock its 26th biggest holding. AIA Group Ltd’s holdings in Home Depot were worth $29,470,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Parvin Asset Management LLC boosted its stake in shares of Home Depot by 110.0% in the 3rd quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock valued at $26,000 after purchasing an additional 33 shares during the last quarter. Financially Speaking Inc bought a new position in Home Depot during the third quarter worth $31,000. Sagard Holdings Management Inc. bought a new position in Home Depot during the second quarter worth $29,000. Imprint Wealth LLC acquired a new position in Home Depot in the third quarter valued at $34,000. Finally, Dougherty Wealth Advisers LLC bought a new stake in Home Depot during the third quarter valued at $38,000. 70.86% of the stock is owned by institutional investors and hedge funds.

Home Depot Stock Down 0.8%

HD stock opened at $328.32 on Friday. The stock’s 50 day simple moving average is $372.63 and its 200 day simple moving average is $374.81. The company has a market cap of $326.84 billion, a P/E ratio of 23.07, a price-to-earnings-growth ratio of 3.62 and a beta of 1.09. The company has a debt-to-equity ratio of 3.62, a quick ratio of 0.26 and a current ratio of 1.06. The Home Depot, Inc. has a fifty-two week low of $324.63 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 EPS for the quarter, beating analysts’ consensus estimates 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 revenue for the quarter was down 3.8% compared to the same quarter last year. During the same quarter last year, the firm posted $3.13 earnings per share. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. On average, research analysts expect that The Home Depot, Inc. will post 15.13 earnings per share for the current fiscal year.

Home Depot Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be given a $2.33 dividend. This represents a $9.32 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Thursday, March 12th. This is an increase from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s payout ratio is 65.50%.

Key Stories Impacting Home Depot

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

• Positive Sentiment: Rollout of Pro digital platform and AI project‑management tools — HD is expanding its Pro digital experience to give contractors a unified workspace, automation and AI features aimed at improving productivity, stickiness and repeat business. This could help improve professional customer retention and margin mix over time. Article Title
• Positive Sentiment: Marketing push tied to FIFA World Cup 2026 — Partnership with David Beckham and related sweepstakes/promotions aim to drive seasonal backyard and outdoor living demand, which can boost traffic and average ticket in spring/summer. Article Title
• Positive Sentiment: Brick‑and‑mortar expansion — Announced plan to open 12 U.S. stores in 2026, adding ~1.6M+ sq. ft., supporting long‑term growth of store footprint and sales capacity. Article Title
• Neutral Sentiment: Analysts remain mixed — Coverage shows conflicting views on consumer cyclical names including HD; market opinion is not uniform, leaving potential for upgrades/downgrades to move the stock. Article Title
• Neutral Sentiment: Battery recycling coverage — Stories note growing battery recycling markets where HD sells batteries, but this is peripheral to core home improvement revenue and not an immediate earnings driver. Article Title
• Negative Sentiment: Share‑price reassessment after recent weakness — Coverage highlights a 7‑ and 30‑day decline and questions over whether HD at current levels is fairly valued given softer comps; that narrative is prompting short‑term selling pressure. Article Title
• Negative Sentiment: Unusually large put‑option activity — Elevated put buying indicates increased bearish positioning and hedging by traders, which can amplify downside moves and volatility.

Analyst Ratings Changes

A number of brokerages have weighed in on HD. Citigroup increased their price target on Home Depot from $407.00 to $450.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Royal Bank Of Canada boosted their price objective on Home Depot from $363.00 to $377.00 and gave the company a “sector perform” rating in a research note on Wednesday, February 25th. Telsey Advisory Group raised their target price on Home Depot from $410.00 to $435.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 25th. Argus lowered their target price on Home Depot from $450.00 to $425.00 and set a “buy” rating for the company in a report on Thursday, November 20th. Finally, Wells Fargo & Company boosted their price target on Home Depot from $395.00 to $420.00 and gave the company an “overweight” rating in a research note on Wednesday, February 25th. Twenty equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $416.00.

Insiders Place Their Bets

In other Home Depot news, EVP Teresa Wynn Roseborough sold 2,872 shares of the business’s stock in a transaction on Friday, December 26th. The shares were sold at an average price of $348.52, for a total transaction of $1,000,949.44. Following the completion of the sale, the executive vice president owned 13,196 shares in the company, valued at approximately $4,599,069.92. The trade was a 17.87% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Richard V. Mcphail sold 2,550 shares of the company’s stock in a transaction 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 in the company, valued at approximately $16,439,951.74. The trade was a 5.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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.