The Home Depot, Inc. $HD Shares Sold by Donaldson Capital Management LLC

Donaldson Capital Management LLC reduced its position in shares of The Home Depot, Inc. (NYSE:HD) by 2.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 192,691 shares of the home improvement retailer’s stock after selling 4,307 shares during the period. Home Depot accounts for about 2.1% of Donaldson Capital Management LLC’s portfolio, making the stock its 17th largest holding. Donaldson Capital Management LLC’s holdings in Home Depot were worth $66,305,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of Home Depot by 0.3% in the third quarter. Vanguard Group Inc. now owns 98,310,031 shares of the home improvement retailer’s stock worth $39,834,241,000 after acquiring an additional 331,217 shares during the last quarter. State Street Corp raised its stake in Home Depot by 0.7% in the 2nd quarter. State Street Corp now owns 46,015,836 shares of the home improvement retailer’s stock valued at $16,871,246,000 after purchasing an additional 300,352 shares during the last quarter. Capital Research Global Investors lifted its holdings in Home Depot by 0.3% in the 3rd quarter. Capital Research Global Investors now owns 11,400,133 shares of the home improvement retailer’s stock valued at $4,619,229,000 after purchasing an additional 30,739 shares in the last quarter. Wellington Management Group LLP lifted its holdings in Home Depot by 60.8% in the 3rd quarter. Wellington Management Group LLP now owns 10,143,089 shares of the home improvement retailer’s stock valued at $4,109,878,000 after purchasing an additional 3,836,051 shares in the last quarter. Finally, Fisher Asset Management LLC boosted its stake in Home Depot by 2.0% during the 3rd quarter. Fisher Asset Management LLC now owns 10,130,293 shares of the home improvement retailer’s stock worth $4,104,694,000 after purchasing an additional 197,211 shares during the last quarter. Institutional investors and hedge funds own 70.86% of the company’s stock.

Insider Buying and Selling

In related news, CFO Richard V. Mcphail sold 2,550 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $368.89, for a total value of $940,669.50. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.10% of the company’s stock.

Trending Headlines about Home Depot

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

• Positive Sentiment: Jefferies reiterates a bullish view after Home Depot’s acquisition of Mingledorff, saying the deal strengthens scale and financial stability — a catalyst supporting the rally. Jefferies Bullish on The Home Depot (HD) Following Mingledorff Acquisition Jefferies Bullish on The Home Depot (HD) Following Mingledorff Acquisition (MSN)
• Neutral Sentiment: Coverage piece on valuation notes a recent pullback in HD’s share price and highlights the company’s large revenue base — frames current moves as a partial de-risking/valuation reset rather than a structural problem. A Look At Home Depot (HD) Valuation After Recent Share Price Pullback
• Neutral Sentiment: Broader retail/tech coverage on how AI is changing shopping highlights opportunity and competitive pressure from platforms (Amazon, Walmart) that could alter online discovery — a longer-term thematic risk/opportunity for HD’s omnichannel strategy. AI Shopping Shift Puts Amazon, Walmart in Focus
• Neutral Sentiment: Commentary cautioning against “AI washing” suggests management messaging may overpromise on automation benefits — watch execution versus rhetoric. With AI Washing, C-Suite Lets Tech Take the Credit (and the Blame)
• Neutral Sentiment: General investor pieces flagging cash-generation concerns for some large stocks — contextually useful for dividend/ buyback investors but not an immediate company-specific headline. 3 Cash-Producing Stocks That Concern Us
• Neutral Sentiment: Routine market/quote pages and two small insider option-exercise notices (reported as $0) — no material insider selling or large insider buy disclosed in these filings. The Home Depot, Inc. (HD) Michael F Rowe Decides To Exercise Options At Home Depot Worth $0 Options Exercise Update At Home Depot: Teresa Wynn Roseborough Engages, Resulting In $0
• Negative Sentiment: Seeking Alpha downgrade argues HD faces macro headwinds (soft housing, weak consumer, margin pressure) and estimates a fair value well below the current price — a bearish catalyst that can keep near-term pressure on multiples. Stay Away From Home Depot Amid Macroeconomic Headwinds (Rating Downgrade)

Analysts Set New Price Targets

A number of equities research analysts have recently commented on HD shares. The Goldman Sachs Group reduced their target price on shares of Home Depot from $413.00 to $409.00 in a research report on Wednesday, February 25th. Stifel Nicolaus lowered their price target on shares of Home Depot from $370.00 to $350.00 and set a “hold” rating on the stock in a research report on Monday, December 1st. Robert W. Baird upped their price objective on shares of Home Depot from $400.00 to $430.00 and gave the company an “outperform” rating in a research note on Tuesday, February 17th. Wolfe Research increased their price objective on shares of Home Depot from $413.00 to $414.00 and gave the company an “outperform” rating in a report on Wednesday, February 25th. Finally, Truist Financial set a $424.00 target price on shares of Home Depot in a research note on Tuesday, February 24th. Twenty research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $414.52.

Home Depot Trading Up 0.5%

Shares of HD opened at $323.13 on Tuesday. The Home Depot, Inc. has a 12-month low of $320.26 and a 12-month high of $426.75. The firm has a market capitalization of $321.84 billion, a P/E ratio of 22.71, a P/E/G ratio of 3.51 and a beta of 1.09. The firm has a 50-day moving average price of $365.50 and a 200 day moving average price of $369.98. 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 earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, topping analysts’ consensus estimates of $2.52 by $0.20. The company 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%. Home Depot’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same period 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. Sell-side analysts forecast that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th were given a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Thursday, March 12th. This is a boost from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s dividend payout ratio is presently 65.50%.

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.