Tounjian Advisory Partners LLC Reduces Position in The Home Depot, Inc. $HD

Tounjian Advisory Partners LLC decreased its position in shares of The Home Depot, Inc. (NYSE:HD) by 43.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,470 shares of the home improvement retailer’s stock after selling 6,464 shares during the period. Home Depot accounts for approximately 1.1% of Tounjian Advisory Partners LLC’s portfolio, making the stock its 19th biggest holding. Tounjian Advisory Partners LLC’s holdings in Home Depot were worth $3,432,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the company. Rafferty Asset Management LLC increased its holdings in shares of Home Depot by 24.6% in the 3rd quarter. Rafferty Asset Management LLC now owns 139,161 shares of the home improvement retailer’s stock valued at $56,387,000 after acquiring an additional 27,482 shares during the period. Landing Point Financial Group LLC raised its holdings in shares of Home Depot by 46.6% in the third quarter. Landing Point Financial Group LLC now owns 1,519 shares of the home improvement retailer’s stock valued at $615,000 after buying an additional 483 shares during the last quarter. Keystone Investors PTE Ltd. acquired a new stake in shares of Home Depot during the third quarter worth about $614,000. Mosaic Family Wealth Partners LLC increased its position in Home Depot by 3.6% in the 3rd quarter. Mosaic Family Wealth Partners LLC now owns 2,049 shares of the home improvement retailer’s stock valued at $833,000 after acquiring an additional 72 shares during the period. Finally, Abacus Wealth Partners LLC raised its stake in Home Depot by 15.2% during the 3rd quarter. Abacus Wealth Partners LLC now owns 688 shares of the home improvement retailer’s stock valued at $279,000 after acquiring an additional 91 shares during the last quarter. 70.86% of the stock is owned by institutional investors and hedge funds.

Key Home Depot News

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

• Positive Sentiment: Q4 beats, revenue and dividend hike — Home Depot topped Q4 estimates (EPS and revenue), reported positive comparable‑store sales, and approved a 1.3% dividend increase, signaling management confidence in cash flow. Does Home Depot’s Modest 2026 Outlook And Dividend Hike Reframe The Tech‑And‑Pro Story For HD?
• Positive Sentiment: Pro/customer mix is protecting results — Professional contractors are driving resilience in sales (Pro-focused initiatives, SRS integration and trade services are improving stickiness and margins versus DIY). Home Depot’s Pro Ecosystem Shows Resilience in Soft Market
• Positive Sentiment: Analyst support is increasing — Several firms have raised price targets and some analysts (including TD Cowen coverage) kept or added bullish ratings, giving the stock upward momentum. Home Depot: Pro-Focused Growth and Acquisition Integration Position FY26 as an Inflection Year Supporting a Buy Rating
• Positive Sentiment: Recent price‑target upgrades — Firms including Stifel, Daiwa and others nudged up targets post‑earnings, providing technical and sentiment support for the shares. Home Depot price target raised to $375 from $350 at Stifel
• Neutral Sentiment: 2026 guidance is modest — Management gave conservative FY26 sales/EPS guidance (low‑single‑digit sales growth, flat to low single‑digit EPS growth) and plans ~15 new store openings, which tempers upside until the housing cycle improves. Does Home Depot’s Modest 2026 Outlook And Dividend Hike Reframe The Tech‑And‑Pro Story For HD?
• Negative Sentiment: Macro/housing headwinds weigh on sentiment — High mortgage rates and low existing‑home turnover (“lock‑in” effect) are keeping big discretionary remodel projects on hold, which has driven short‑term investor caution and prior sell‑offs. Jim Cramer Wonders Why People Are Selling Home Depot (HD) Shares

Analysts Set New Price Targets

Several brokerages have weighed in on HD. Truist Financial set a $424.00 target price on Home Depot in a research note on Tuesday. DA Davidson lifted their price objective on shares of Home Depot from $407.00 to $445.00 and gave the company a “buy” rating in a research report on Tuesday. Sanford C. Bernstein boosted their price objective on shares of Home Depot from $381.00 to $390.00 and gave the company a “market perform” rating in a research note on Wednesday. Wolfe Research upped their price objective on shares of Home Depot from $413.00 to $414.00 and gave the stock an “outperform” rating in a research report on Wednesday. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Home Depot in a report on Monday, December 29th. 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 MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $416.00.

Home Depot Trading Up 1.5%

Shares of Home Depot stock opened at $380.71 on Friday. The company has a 50-day moving average of $371.76 and a two-hundred day moving average of $380.00. The Home Depot, Inc. has a 12-month low of $326.31 and a 12-month high of $426.75. The company has a current ratio of 1.06, a quick ratio of 0.29 and a debt-to-equity ratio of 3.62. The stock has a market cap of $379.00 billion, a PE ratio of 26.75, a price-to-earnings-growth ratio of 13.44 and a beta of 1.08.

Home Depot (NYSE:HD) last released its quarterly earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, topping 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 business had revenue of $38.20 billion for the quarter, compared to analysts’ expectations of $38.01 billion. During the same quarter in the prior year, the firm posted $3.13 EPS. The company’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. On average, research analysts anticipate that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.

Home Depot Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be given a $2.33 dividend. 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 dividend yield of 2.4%. The ex-dividend date is Thursday, March 12th. Home Depot’s dividend payout ratio (DPR) is 64.65%.

Insider Transactions at Home Depot

In related news, EVP Angie Brown sold 1,946 shares of the business’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $357.63, for a total value of $695,947.98. Following the sale, the executive vice president directly owned 3,941 shares in the company, valued at $1,409,419.83. The trade was a 33.06% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of the firm’s 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 transaction, the executive vice president owned 13,196 shares of the company’s stock, valued at $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. Insiders sold 4,963 shares of company stock valued at $1,748,845 in the last 90 days. 0.10% of the stock is currently owned by insiders.

About Home Depot

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.