Bokf Na Reduces Holdings in The Home Depot, Inc. $HD

Bokf Na trimmed its stake in The Home Depot, Inc. (NYSE:HD) by 7.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 72,824 shares of the home improvement retailer’s stock after selling 5,794 shares during the period. Bokf Na’s holdings in Home Depot were worth $25,059,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Parvin Asset Management LLC grew its position in shares of Home Depot by 110.0% in the 3rd quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock valued at $26,000 after buying an additional 33 shares during the last quarter. Financially Speaking Inc purchased a new position in Home Depot during the 3rd quarter worth $31,000. Key Capital Management INC purchased a new position in Home Depot during the 4th quarter worth $28,000. Imprint Wealth LLC purchased a new position in Home Depot during the 3rd quarter worth $34,000. Finally, AXS Investments LLC purchased a new position in Home Depot during the 3rd quarter worth $38,000. 70.86% of the stock is owned by hedge funds and other institutional investors.

Home Depot Stock Up 0.9%

Shares of NYSE:HD opened at $315.19 on Wednesday. The company has a market cap of $313.94 billion, a price-to-earnings ratio of 22.15, a PEG ratio of 3.41 and a beta of 1.00. The firm’s 50-day simple moving average is $341.93 and its 200-day simple moving average is $358.50. 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 Home Depot, Inc. has a fifty-two week low of $310.40 and a fifty-two week high of $426.75.

Home Depot (NYSE:HD) last issued its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.52 by $0.20. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The business had revenue of $38.20 billion for the quarter, compared to the consensus estimate of $38.01 billion. During the same quarter in the previous year, the firm earned $3.13 earnings per share. The business’s quarterly 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. As a group, equities research analysts predict that The Home Depot, Inc. will post 15.02 earnings per share for the current year.

Home Depot Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were paid a $2.33 dividend. This represents a $9.32 annualized dividend and a dividend yield of 3.0%. This is a positive change from Home Depot’s previous quarterly dividend of $2.30. The ex-dividend date was Thursday, March 12th. Home Depot’s dividend payout ratio (DPR) is 65.50%.

Insider Activity at Home Depot

In related news, CFO Richard V. Mcphail sold 2,550 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $368.89, for a total value of $940,669.50. Following the completion of the sale, the chief financial officer owned 44,566 shares in the company, valued at $16,439,951.74. This trade represents a 5.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.08% of the stock is owned by company insiders.

Trending Headlines about Home Depot

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

• Positive Sentiment: Bank of America reinstated coverage on HD with a Buy rating, named it its top pick in home improvement and set a $374 price target (about +18.7% vs. the current level) — a clear near-term catalyst supporting upside. BofA Just Named Home Depot the Top Pick in Home Improvement
• Positive Sentiment: Coverage lift echoed across outlets (Seeking Alpha summary), reinforcing bullish institutional sentiment and likely supporting buying interest. Home Depot attracts a bull rating from Bank of America
• Positive Sentiment: Analysis highlights emerging upside from PRO (trade/professional) membership growth and updated guidance that shift the company story toward recurring revenue and margin resilience — fundamental items investors will watch into the quarter. How The Story For Home Depot (HD) Is Shifting With PRO Growth And New Guidance
• Positive Sentiment: Quant and institutional flows data suggest “smart money” is accumulating HD despite recent weakness, which can magnify rebounds when sentiment improves. Home Depot (HD) Stock May Be Slumping But the Smart Money Wants to Buy In
• Neutral Sentiment: The Home Depot will host its Q1 earnings call on May 19 — a key event that can drive volatility and reprice expectations. Investors should monitor the webcast for updated demand commentary and margin outlook. The Home Depot to Host First Quarter Earnings Conference Call on May 19
• Neutral Sentiment: Analyst coverage remains largely constructive (multiple Buy/Outperform ratings and continued attention), so consensus estimates and guidance moves will be key to sustaining the rally. Home Depot Reaffirmed at Buy
• Negative Sentiment: Recent session weakness was driven by a broader market risk-off after a Middle East energy shock pushed oil higher; that macro-led pullback highlights HD’s sensitivity to cyclical consumer spending and can keep near-term downside risk elevated. Home Depot falls 3.1% as broader market turns risk-off
• Negative Sentiment: Operational/cost pressure headlines — including coverage about potential minimum wage rule changes and ongoing insider selling themes — are reminders of margin risks that could temper returns if wage or labor policies shift materially. Home Depot Stock Slides as Minimum Wage Rules Under Strain

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of Home Depot in a research report on Friday, March 27th. Sanford C. Bernstein raised their price objective on shares of Home Depot from $381.00 to $390.00 and gave the stock a “market perform” rating in a research report on Wednesday, February 25th. UBS Group reissued an “outperform” rating on shares of Home Depot in a research report on Tuesday, March 24th. Royal Bank Of Canada raised their price objective on shares of Home Depot from $363.00 to $377.00 and gave the stock a “sector perform” rating in a research report on Wednesday, February 25th. Finally, Zacks Research raised shares of Home Depot from a “strong sell” rating to a “hold” rating in a report on Monday, February 9th. Twenty research 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. Based on data from MarketBeat, Home Depot currently has a consensus rating of “Moderate Buy” and a consensus price target of $412.24.

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.