Sax Wealth Advisors LLC Has $3.05 Million Holdings in The Home Depot, Inc. $HD

Sax Wealth Advisors LLC raised its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 64.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,870 shares of the home improvement retailer’s stock after acquiring an additional 3,488 shares during the quarter. Sax Wealth Advisors LLC’s holdings in Home Depot were worth $3,052,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in HD. Czech National Bank lifted its position in shares of Home Depot by 3.9% in the fourth quarter. Czech National Bank now owns 262,468 shares of the home improvement retailer’s stock worth $90,315,000 after purchasing an additional 9,777 shares in the last quarter. Optivise Advisory Services LLC grew its position in Home Depot by 22.4% during the fourth quarter. Optivise Advisory Services LLC now owns 1,981 shares of the home improvement retailer’s stock valued at $682,000 after purchasing an additional 362 shares in the last quarter. Client 1ST Advisory Group LLC grew its position in Home Depot by 10.6% during the fourth quarter. Client 1ST Advisory Group LLC now owns 2,074 shares of the home improvement retailer’s stock valued at $714,000 after purchasing an additional 198 shares in the last quarter. Willner & Heller LLC increased its stake in Home Depot by 24.7% in the 4th quarter. Willner & Heller LLC now owns 1,800 shares of the home improvement retailer’s stock valued at $619,000 after buying an additional 356 shares during the period. Finally, Fiduciary Financial Group LLC increased its stake in Home Depot by 2.9% in the 4th quarter. Fiduciary Financial Group LLC now owns 1,897 shares of the home improvement retailer’s stock valued at $653,000 after buying an additional 53 shares during the period. Institutional investors and hedge funds own 70.86% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. BNP Paribas Exane decreased their target price on shares of Home Depot from $391.00 to $348.00 and set a “neutral” rating for the company in a research note on Tuesday. Wells Fargo & Company upped their price target on shares of Home Depot from $395.00 to $420.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 25th. Sanford C. Bernstein increased their price objective on Home Depot from $381.00 to $390.00 and gave the stock a “market perform” rating in a report on Wednesday, February 25th. Robert W. Baird lifted their price objective on Home Depot from $400.00 to $430.00 and gave the company an “outperform” rating in a research report on Tuesday, February 17th. Finally, Wall Street Zen upgraded Home Depot from a “sell” rating to a “hold” rating in a research note on Saturday, March 21st. Twenty 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 data from MarketBeat, Home Depot presently has a consensus rating of “Moderate Buy” and an average target price of $414.52.

Home Depot News Roundup

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

• Positive Sentiment: SRS Distribution (Home Depot subsidiary) agreed to acquire Mingledorff’s, expanding HD’s Pro footprint into HVAC distribution and targeting a large (~$100B) market opportunity. Home Depot Expands Pro Business With HVAC Distributor Acquisition
• Positive Sentiment: Telsey Advisory Group reaffirmed an “outperform” rating and set a $435 price target, signaling continued analyst upside expectations. Telsey reaffirms outperform on HD
• Positive Sentiment: J.P. Morgan and other analysts have reiterated bullish views on HD’s strategy to grow Pro sales (coverage highlights and Buy ratings), supporting longer‑term revenue diversification. Expanding the Pro Platform
• Neutral Sentiment: HD’s CFO will present at the J.P. Morgan Retail Round Up Forum on April 9 — a routine investor event that could offer incremental clarity but is not likely to move the stock materially by itself. Home Depot to Present at the J.P. Morgan Retail Round Up Forum
• Neutral Sentiment: Media/TV coverage (Jim Cramer) notes institutional holders remaining invested as a rate-cut hedge, reflecting confidence but not new fundamental news. Jim Cramer Notes That the Charitable Trust Holds On to Home Depot
• Neutral Sentiment: HD plans to open 12 new U.S. stores in 2026, a steady expansion that supports growth but is a longer‑term positive rather than an immediate catalyst. Home Depot to open 12 new US stores in 2026
• Negative Sentiment: Macroeconomic/housing weakness: coverage highlights slow new‑home sales and a still‑fragile housing recovery, which weigh on demand for big‑ticket home improvement and may be pressuring the stock despite strategic initiatives. Home Depot shows it has faith in a housing market rebound
• Negative Sentiment: Analysts remain conflicted on consumer‑cyclical names including HD (mixed ratings/concerns about near‑term comps), adding uncertainty that can cap near‑term upside. Analysts Conflicted on These Consumer Cyclical Names

Insider Transactions at Home Depot

In related news, CFO Richard V. Mcphail sold 2,550 shares of the firm’s stock in a transaction on Wednesday, March 4th. The shares were 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 trade represents a 5.41% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.10% of the company’s stock.

Home Depot Stock Down 1.3%

Shares of HD stock opened at $328.30 on Friday. The stock’s 50 day simple moving average is $367.82 and its 200 day simple moving average is $371.98. The Home Depot, Inc. has a twelve month low of $320.26 and a twelve month high of $426.75. The company has a debt-to-equity ratio of 3.62, a quick ratio of 0.26 and a current ratio of 1.06. The company has a market capitalization of $326.99 billion, a price-to-earnings ratio of 23.07, a PEG ratio of 3.63 and a beta of 1.09.

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 return on equity of 134.32% and a net margin of 8.60%.The firm had revenue of $38.20 billion during the quarter, compared to analysts’ expectations of $38.01 billion. During the same quarter in the prior year, the business earned $3.13 earnings per share. The company’s 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. As a group, 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 disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were issued a dividend of $2.33 per share. The ex-dividend date of this dividend was Thursday, March 12th. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. This is an increase from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s payout ratio is currently 65.50%.

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.