Confluence Investment Management LLC Has $114.16 Million Stock Position in The Home Depot, Inc. $HD

Confluence Investment Management LLC lessened its stake in shares of The Home Depot, Inc. (NYSE:HD) by 3.9% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 331,755 shares of the home improvement retailer’s stock after selling 13,541 shares during the period. Home Depot comprises approximately 1.7% of Confluence Investment Management LLC’s investment portfolio, making the stock its 18th largest holding. Confluence Investment Management LLC’s holdings in Home Depot were worth $114,157,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Silphium Asset Management Ltd increased its stake in shares of Home Depot by 77.2% during the 3rd quarter. Silphium Asset Management Ltd now owns 13,544 shares of the home improvement retailer’s stock worth $5,488,000 after purchasing an additional 5,900 shares during the last quarter. West Family Investments Inc. lifted its stake in Home Depot by 65.6% in the 2nd quarter. West Family Investments Inc. now owns 3,630 shares of the home improvement retailer’s stock valued at $1,331,000 after purchasing an additional 1,438 shares during the last quarter. Truist Financial Corp lifted its stake in Home Depot by 0.3% in the 3rd quarter. Truist Financial Corp now owns 1,095,113 shares of the home improvement retailer’s stock valued at $443,729,000 after purchasing an additional 3,608 shares during the last quarter. Asset Management One Co. Ltd. grew its holdings in Home Depot by 2.3% during the third quarter. Asset Management One Co. Ltd. now owns 534,564 shares of the home improvement retailer’s stock worth $216,600,000 after purchasing an additional 12,239 shares during the period. Finally, Atlantic Union Bankshares Corp increased its position in Home Depot by 59.9% during the third quarter. Atlantic Union Bankshares Corp now owns 107,438 shares of the home improvement retailer’s stock worth $43,533,000 after buying an additional 40,232 shares during the last quarter. 70.86% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, 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 completion of the sale, the chief financial officer directly owned 44,566 shares in the company, valued at approximately $16,439,951.74. This represents a 5.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 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 sale, the executive vice president directly owned 13,196 shares in the company, valued at approximately $4,599,069.92. This trade represents a 17.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.10% of the stock is owned by company insiders.

Home Depot News Roundup

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

• Positive Sentiment: The Home Depot expanded its Pro digital experience with new project-management and AI tools aimed at contractors and professional renovators — a move that could deepen pro customer loyalty, drive repeat purchases and support margins over time. The Home Depot Expands Pro Digital Experience
• Positive Sentiment: Marketing push tied to FIFA World Cup 2026: HD partnered with David Beckham and launched promotions/sweepstakes to drive seasonal backyard and outdoor-project demand — a consumer-facing initiative that may lift traffic and average tickets in spring/summer. Home Depot Teams Up with David Beckham
• Neutral Sentiment: Valuation/technical re-check: Commentary and analysis pieces are asking whether recent weakness makes HD a buy, hold or avoid — helpful for investors re-assessing entry points but not an immediate catalyst. The write-up walks through valuation metrics amid the pullback. Is It Time To Reassess Home Depot?
• Neutral Sentiment: Broader market backdrop is bearish: analysts note major indexes fell below 200-day moving averages and sticky inflation may keep the Fed from cutting rates — a macro environment that increases volatility and investor risk aversion, which can pressure retail and cyclical names like HD. MarketBeat Week in Review
• Negative Sentiment: Unusually large put-option flow: Traders bought heavy volumes of HD puts (reports cite ~45,863 puts on a recent session, ~48% above typical daily put volume), signaling elevated hedging or outright bearish bets that can amplify near-term downside as sentiment shifts. Investors Buy High Volume of Put Options on Home Depot

Home Depot Price Performance

Shares of Home Depot stock opened at $321.37 on Friday. The company has a quick ratio of 0.26, a current ratio of 1.06 and a debt-to-equity ratio of 3.62. The stock has a market capitalization of $320.09 billion, a price-to-earnings ratio of 22.58, a price-to-earnings-growth ratio of 3.59 and a beta of 1.09. The Home Depot, Inc. has a twelve month low of $320.26 and a twelve month high of $426.75. The company has a 50-day simple moving average of $371.56 and a two-hundred day simple moving average of $374.21.

Home Depot (NYSE:HD) last announced its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analyst estimates of $38.01 billion. During the same quarter in the prior year, the business posted $3.13 EPS. The business’s 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 forecast that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Increases Dividend

The business 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 dividend of $2.33 per share. This is an increase from Home Depot’s previous quarterly dividend of $2.30. This represents a $9.32 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Thursday, March 12th. Home Depot’s dividend payout ratio (DPR) is currently 65.50%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on HD. The Goldman Sachs Group dropped their price objective on Home Depot from $413.00 to $409.00 in a research note on Wednesday, February 25th. Gordon Haskett boosted their target price on Home Depot from $330.00 to $370.00 and gave the stock a “hold” rating in a report on Wednesday, February 11th. Stifel Nicolaus dropped their price target on Home Depot from $370.00 to $350.00 and set a “hold” rating on the stock in a research note on Monday, December 1st. KeyCorp reaffirmed a “sector weight” rating on shares of Home Depot in a report on Wednesday, February 25th. Finally, Jefferies Financial Group lifted their price objective on shares of Home Depot from $424.00 to $454.00 and gave the stock a “buy” rating in a research report on Tuesday, February 24th. Twenty investment 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, Home Depot presently has a consensus rating of “Moderate Buy” and an average price target 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.