Russell Investments Group Ltd. Grows Stock Position in The Home Depot, Inc. $HD

Russell Investments Group Ltd. boosted its position in The Home Depot, Inc. (NYSE:HD) by 9.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 680,468 shares of the home improvement retailer’s stock after buying an additional 58,049 shares during the period. Russell Investments Group Ltd. owned approximately 0.07% of Home Depot worth $275,871,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Orca Wealth Management LLC raised its position in Home Depot by 2.5% during the 3rd quarter. Orca Wealth Management LLC now owns 2,741 shares of the home improvement retailer’s stock worth $1,111,000 after buying an additional 66 shares during the last quarter. Fort Sheridan Advisors LLC boosted its holdings in shares of Home Depot by 1.5% in the third quarter. Fort Sheridan Advisors LLC now owns 5,909 shares of the home improvement retailer’s stock valued at $2,394,000 after acquiring an additional 87 shares in the last quarter. Flavin Financial Services Inc. boosted its holdings in shares of Home Depot by 10.1% in the third quarter. Flavin Financial Services Inc. now owns 7,488 shares of the home improvement retailer’s stock valued at $3,034,000 after acquiring an additional 687 shares in the last quarter. PFG Advisors increased its stake in shares of Home Depot by 7.7% during the third quarter. PFG Advisors now owns 22,101 shares of the home improvement retailer’s stock worth $8,955,000 after acquiring an additional 1,578 shares during the period. Finally, Jefferies Financial Group Inc. increased its stake in shares of Home Depot by 981.8% during the third quarter. Jefferies Financial Group Inc. now owns 142,078 shares of the home improvement retailer’s stock worth $57,569,000 after acquiring an additional 128,945 shares during the period. 70.86% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

HD has been the subject of a number of recent analyst reports. Guggenheim raised their price objective on shares of Home Depot from $400.00 to $425.00 and gave the company a “buy” rating in a research report 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 research report on Wednesday, February 11th. Wells Fargo & Company increased their target price on Home Depot from $395.00 to $420.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 25th. HSBC reduced their price target on Home Depot from $445.00 to $400.00 and set a “hold” rating for the company in a report on Wednesday, November 19th. Finally, BNP Paribas Exane lifted their price target on Home Depot from $355.00 to $391.00 in a research note on Wednesday, February 25th. Twenty research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $416.00.

Insider Transactions at Home Depot

In other Home Depot news, EVP Teresa Wynn Roseborough sold 2,872 shares of the company’s 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 owned 13,196 shares of the company’s stock, 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 Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Angie Brown sold 1,946 shares of the firm’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $357.63, for a total value of $695,947.98. Following the completion of the transaction, the executive vice president owned 3,941 shares of the company’s stock, valued at approximately $1,409,419.83. This represents a 33.06% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 7,513 shares of company stock valued at $2,689,515. Company insiders own 0.10% of the company’s stock.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: Launched a real‑time GPS delivery tracker for big & bulky materials aimed at Pro customers — this product should reduce jobsite downtime, deepen contractor relationships and increase service stickiness for Home Depot’s high-value Pro channel. PR Newswire: Delivery Tracker
• Positive Sentiment: Bullish media endorsement from Jim Cramer — he flagged HD as a core holding for when rates are cut, which can lift investor interest in cyclical/interest-rate-sensitive names. MSN: Jim Cramer
• Positive Sentiment: Dividend increased to $2.33 quarterly (annualized $9.32, ~2.6% yield) — supports income investor demand and underscores management’s confidence in cash flow. MarketBeat: HD overview
• Neutral Sentiment: Institutional repositioning — several smaller institutional buys reported in Q4 but overall ownership remains concentrated (≈71% institutional). These moves are incremental and not large directional shifts. MarketBeat: Institutional activity
• Neutral Sentiment: Mixed analyst coverage — majority of analysts rate HD Buy/Moderate Buy with a consensus target above the current price, but several firms trimmed targets recently; investors watch revisions for guidance on earnings momentum. Yahoo: Buy/Sell/Hold discussion
• Negative Sentiment: Insider selling — CFO Richard McPhail sold 2,550 shares (~$940k). Insider sales can prompt short‑term selling or investor caution even when not uncommon. InsiderTrades: CFO sale
• Negative Sentiment: Top‑line softness and valuation pressure — Q4 revenue fell ~3.8% YoY despite an EPS beat, and some commentary/articles flag valuation concerns relative to growth. High leverage (debt/equity ~3.6) and a payout ratio near ~65% increase sensitivity to slower sales. Yahoo: Delivery tracker + valuation note

Home Depot Trading Down 0.9%

Shares of HD opened at $358.28 on Monday. The company has a current ratio of 1.06, a quick ratio of 0.26 and a debt-to-equity ratio of 3.62. The firm’s 50-day moving average is $373.58 and its two-hundred day moving average is $378.45. The Home Depot, Inc. has a twelve month low of $326.31 and a twelve month high of $426.75. The firm has a market capitalization of $356.67 billion, a P/E ratio of 25.18, a PEG ratio of 12.86 and a beta of 1.09.

Home Depot (NYSE:HD) last issued its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.52 by $0.20. The company had revenue of $38.20 billion during the quarter, compared to analysts’ expectations of $38.01 billion. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The firm’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same period last year, the company posted $3.13 earnings per share. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. On average, research analysts predict that The Home Depot, Inc. will post 15.13 earnings per share for the current fiscal year.

Home Depot Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be paid a $2.33 dividend. This represents a $9.32 annualized dividend and a yield of 2.6%. 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 dividend payout ratio (DPR) is 64.65%.

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.