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

Hamlin Capital Management LLC decreased its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 9.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 398,279 shares of the home improvement retailer’s stock after selling 42,343 shares during the quarter. Home Depot comprises about 3.7% of Hamlin Capital Management LLC’s portfolio, making the stock its 16th biggest holding. Hamlin Capital Management LLC’s holdings in Home Depot were worth $161,379,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of HD. Hilltop Holdings Inc. boosted its position in shares of Home Depot by 2.6% during the 3rd quarter. Hilltop Holdings Inc. now owns 46,726 shares of the home improvement retailer’s stock valued at $18,933,000 after acquiring an additional 1,170 shares during the last quarter. Gotham Asset Management LLC increased its position in Home Depot by 1.9% during the third quarter. Gotham Asset Management LLC now owns 33,164 shares of the home improvement retailer’s stock worth $13,438,000 after purchasing an additional 620 shares during the last quarter. Fayez Sarofim & Co raised its stake in Home Depot by 3.5% during the third quarter. Fayez Sarofim & Co now owns 708,067 shares of the home improvement retailer’s stock worth $286,902,000 after purchasing an additional 23,796 shares during the period. First Commonwealth Financial Corp PA raised its stake in Home Depot by 12.4% during the third quarter. First Commonwealth Financial Corp PA now owns 6,454 shares of the home improvement retailer’s stock worth $2,615,000 after purchasing an additional 710 shares during the period. Finally, Focus Partners Wealth boosted its holdings in Home Depot by 17.9% in the 3rd quarter. Focus Partners Wealth now owns 531,122 shares of the home improvement retailer’s stock valued at $215,172,000 after purchasing an additional 80,610 shares during the last quarter. 70.86% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on HD shares. Gordon Haskett raised their price target on shares of Home Depot from $330.00 to $370.00 and gave the stock a “hold” rating in a report on Wednesday, February 11th. Guggenheim increased their price objective on Home Depot from $400.00 to $425.00 and gave the stock a “buy” rating in a research report on Wednesday, February 25th. Sanford C. Bernstein raised their target price on Home Depot from $381.00 to $390.00 and gave the stock a “market perform” rating in a research note on Wednesday, February 25th. HSBC reduced their target price on Home Depot from $445.00 to $400.00 and set a “hold” rating on the stock in a research report on Wednesday, November 19th. Finally, Robert W. Baird upped their price target on Home Depot from $400.00 to $430.00 and gave the company an “outperform” rating in a research note on Tuesday, February 17th. 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 stock. Based on data from MarketBeat.com, Home Depot has a consensus rating of “Moderate Buy” and an average target price of $416.00.

Insider Activity

In other Home Depot news, CFO Richard V. Mcphail sold 2,550 shares of Home Depot 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 transaction, the chief financial officer directly owned 44,566 shares of the company’s stock, valued at $16,439,951.74. The trade was a 5.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of the business’s stock in a transaction dated Friday, December 26th. The stock was sold at an average price of $348.52, for a total transaction of $1,000,949.44. Following the sale, the executive vice president owned 13,196 shares in the company, valued at $4,599,069.92. This trade represents a 17.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.10% of the company’s stock.

Home Depot Stock Down 0.0%

Shares of NYSE HD opened at $338.84 on Monday. 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 business’s 50 day moving average is $373.81 and its two-hundred day moving average is $376.37. The Home Depot, Inc. has a 52-week low of $326.31 and a 52-week high of $426.75. The firm has a market cap of $337.32 billion, a price-to-earnings ratio of 23.81, a PEG ratio of 12.20 and a beta of 1.09.

Home Depot (NYSE:HD) last released its quarterly earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $38.01 billion. During the same period last year, the business posted $3.13 earnings per share. The company’s quarterly revenue was down 3.8% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Research analysts predict that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be issued a dividend of $2.33 per share. This is a positive change from Home Depot’s previous quarterly dividend of $2.30. The ex-dividend date is Thursday, March 12th. This represents a $9.32 dividend on an annualized basis and a yield of 2.8%. Home Depot’s dividend payout ratio (DPR) is 65.50%.

More Home Depot News

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

• Positive Sentiment: TD Cowen reiterated a Buy rating on HD, a vote of confidence from a major shop that can support investor sentiment and help stabilize the stock. TD Cowen Keeps Their Buy Rating on Home Depot (HD)
• Positive Sentiment: Home Depot is rolling out real‑time delivery tracking and other digital tools aimed at pros (material lists, quotes), which should boost repeat/pro sales and margins over time. This operational progress is being cited as a reason analysts still see upside. “Focus on Improving Customer Experience”: Home Depot Stock Notches Up as Live Tracking Gets Fleshed Out
• Positive Sentiment: New exclusive merchandising (Back to the Roots’ Organic Mushroom Compost at Home Depot) expands seasonal/garden assortments and supports in‑store traffic and SKU differentiation. Back to the Roots Expands Organic Soil Portfolio with Launch of Organic Mushroom Compost Exclusively at The Home Depot
• Neutral Sentiment: HD is a “trending” search on Zacks — useful for sentiment/flow but not a directional fundamental catalyst; Zacks also issued its Q1 earnings outlook, which investors will watch against results. The Home Depot, Inc. (HD) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Some outlets note analysts are “conflicted” — a mix of Buy and Hold ratings and diverging price targets increases volatility but also means upside if housing or rates improve. Analysts Conflicted on These Consumer Cyclical Names: Cracker Barrel (CBRL) and Home Depot (HD)
• Negative Sentiment: Recent loss‑prevention/PR incidents (“pretty privilege” testing) and related headlines have pressured the stock and raised short‑term reputational and operational risk. “Pretty Privilege” Tests Send Home Depot Stock Slumping
• Negative Sentiment: Macroeconomic headwinds — US CPI rose 0.3% in Feb and high mortgage rates — are cited as weighing on renovation demand and consumer discretionary exposure, a clear negative for HD’s top line. US CPI Up 0.3% in February: Consumer Discretionary ETFs to Watch
• Negative Sentiment: Analyses flag softer home‑improvement demand and valuation pressure after recent headlines; these factors explain the recent share decline and raise the bar for near‑term catalysts. Assessing Home Depot (HD) Valuation After Loss Prevention Headlines And Softer Home Improvement Demand

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.