Alecta Tjanstepension Omsesidigt Buys 143,100 Shares of The Home Depot, Inc. $HD

Alecta Tjanstepension Omsesidigt grew its stake in shares of The Home Depot, Inc. (NYSE:HD) by 101.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 284,000 shares of the home improvement retailer’s stock after buying an additional 143,100 shares during the quarter. Alecta Tjanstepension Omsesidigt’s holdings in Home Depot were worth $115,071,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Parvin Asset Management LLC raised its position in Home Depot by 110.0% during the third 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 in the last quarter. Sagard Holdings Management Inc. purchased a new position in shares of Home Depot in the 2nd quarter worth about $29,000. Financially Speaking Inc purchased a new position in shares of Home Depot in the 3rd quarter worth about $31,000. Imprint Wealth LLC bought a new position in shares of Home Depot during the 3rd quarter valued at about $34,000. Finally, Dougherty Wealth Advisers LLC bought a new position in shares of Home Depot during the 3rd quarter valued at about $38,000. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, EVP Teresa Wynn Roseborough sold 2,872 shares of the stock in a transaction dated 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 directly owned 13,196 shares in the company, valued at approximately $4,599,069.92. This represents a 17.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Richard V. Mcphail sold 2,550 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $368.89, for a total value of $940,669.50. Following the completion of the sale, the chief financial officer directly owned 44,566 shares in the company, valued at $16,439,951.74. The trade was a 5.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.10% of the stock is owned by company insiders.

Home Depot Stock Performance

Shares of HD stock opened at $328.32 on Friday. 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. The stock has a 50 day moving average price of $372.63 and a two-hundred day moving average price of $374.81. The company has a market capitalization of $326.84 billion, a P/E ratio of 23.07, a PEG ratio of 3.62 and a beta of 1.09.

Home Depot (NYSE:HD) last released its quarterly earnings data 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 return on equity of 134.32% and a net margin of 8.60%.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. The business’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. Analysts expect 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. Shareholders of record on Thursday, March 12th will be issued a $2.33 dividend. This is a boost from Home Depot’s previous quarterly dividend of $2.30. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $9.32 dividend on an annualized basis and a yield of 2.8%. Home Depot’s payout ratio is 65.50%.

More Home Depot News

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 Upgrades and Downgrades

A number of research firms recently weighed in on HD. Wolfe Research boosted their target price on Home Depot from $413.00 to $414.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 25th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Home Depot in a research report on Monday, December 29th. BNP Paribas Exane lifted their price target on shares of Home Depot from $355.00 to $391.00 in a research note on Wednesday, February 25th. Sanford C. Bernstein boosted their price objective on shares of Home Depot from $381.00 to $390.00 and gave the stock a “market perform” rating in a report on Wednesday, February 25th. Finally, Wells Fargo & Company upped their price objective on shares of Home Depot from $395.00 to $420.00 and gave the company an “overweight” rating in a research note on Wednesday, February 25th. Twenty analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Home Depot has an average rating of “Moderate Buy” and a consensus target price of $416.00.

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.