ABN Amro Investment Solutions Buys 176,086 Shares of The Home Depot, Inc. $HD

ABN Amro Investment Solutions raised its stake in The Home Depot, Inc. (NYSE:HD) by 459.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 214,391 shares of the home improvement retailer’s stock after purchasing an additional 176,086 shares during the period. Home Depot makes up approximately 1.1% of ABN Amro Investment Solutions’ holdings, making the stock its 18th biggest position. ABN Amro Investment Solutions’ holdings in Home Depot were worth $73,772,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of HD. Brighton Jones LLC boosted its holdings in Home Depot by 36.5% in the 4th quarter. Brighton Jones LLC now owns 26,918 shares of the home improvement retailer’s stock valued at $10,471,000 after purchasing an additional 7,203 shares during the period. Sivia Capital Partners LLC boosted its holdings in Home Depot by 7.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 2,598 shares of the home improvement retailer’s stock valued at $952,000 after purchasing an additional 173 shares during the period. Schnieders Capital Management LLC. boosted its holdings in Home Depot by 14.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 11,587 shares of the home improvement retailer’s stock valued at $4,248,000 after purchasing an additional 1,433 shares during the period. Darwin Wealth Management LLC bought a new stake in Home Depot in the 2nd quarter valued at $1,773,000. Finally, Financial Advisors Network Inc. boosted its holdings in Home Depot by 11.3% in the 2nd quarter. Financial Advisors Network Inc. now owns 2,368 shares of the home improvement retailer’s stock valued at $868,000 after purchasing an additional 241 shares during the period. 70.86% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on HD shares. BNP Paribas Exane reduced their price target on shares of Home Depot from $348.00 to $325.00 and set a “neutral” rating for the company in a report on Tuesday. Daiwa Securities Group increased their price target on shares of Home Depot from $360.00 to $390.00 and gave the company a “neutral” rating in a report on Thursday, February 26th. Citigroup reduced their price target on shares of Home Depot from $450.00 to $400.00 and set a “buy” rating for the company in a report on Tuesday, May 12th. Stifel Nicolaus reduced their price target on shares of Home Depot from $375.00 to $320.00 and set a “hold” rating for the company in a report on Monday. Finally, UBS Group reduced their price objective on shares of Home Depot from $450.00 to $430.00 and set a “buy” rating for the company in a report on Wednesday. Twenty analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Home Depot has an average rating of “Moderate Buy” and an average target price of $372.29.

Home Depot Price Performance

NYSE:HD opened at $310.66 on Thursday. The company has a 50-day moving average of $328.56 and a 200-day moving average of $352.55. The company has a market capitalization of $309.42 billion, a price-to-earnings ratio of 22.06, a PEG ratio of 3.49 and a beta of 1.00. The Home Depot, Inc. has a 52 week low of $289.10 and a 52 week high of $426.75. The company has a debt-to-equity ratio of 3.23, a quick ratio of 0.26 and a current ratio of 1.04.

Home Depot (NYSE:HD) last released its quarterly earnings data on Tuesday, May 19th. The home improvement retailer reported $3.43 EPS for the quarter, topping analysts’ consensus estimates of $3.41 by $0.02. The company had revenue of $41.77 billion during the quarter, compared to the consensus estimate of $41.59 billion. Home Depot had a net margin of 8.41% and a return on equity of 117.24%. The firm’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period last year, the firm earned $3.56 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, equities research analysts anticipate that The Home Depot, Inc. will post 15.01 earnings per share for the current fiscal year.

Home Depot Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were given a dividend of $2.33 per share. This is an increase from Home Depot’s previous quarterly dividend of $2.30. The ex-dividend date was Thursday, March 12th. This represents a $9.32 dividend on an annualized basis and a dividend yield of 3.0%. Home Depot’s dividend payout ratio is 65.50%.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: Home Depot beat Q1 expectations, posting EPS of $3.43 versus estimates of $3.41 and revenue of $41.77 billion versus $41.59 billion expected, which reassured investors that demand is holding up better than feared. Reuters: Home Depot beats quarterly sales estimates on steady demand
• Positive Sentiment: The company reaffirmed FY2026 guidance, signaling management confidence despite housing headwinds and high borrowing costs. Yahoo Finance: Home Depot Beats a Lowered Bar as the American Homeowner Defers
• Positive Sentiment: Management said Pro demand, digital growth, and distribution expansion are helping offset weakness in big-ticket projects, suggesting the business mix is becoming more resilient. Yahoo Finance: HD Q1 Earnings Call Highlights Pro Push, Steady Outlook
• Neutral Sentiment: Several analysts cut price targets after the report, but most kept constructive ratings, indicating valuation has reset without a major change in long-term sentiment. Benzinga: These Analysts Cut Their Forecasts On Home Depot After Q1 Results
• Negative Sentiment: Underlying profitability softened as net earnings fell 4.2% year over year, reinforcing concerns that costs are rising faster than sales. Retail Insight Network: Home Depot Q1 profit falls as cost growth outpaces revenue
• Negative Sentiment: The housing market remains sluggish, with commentary pointing to delayed big projects and weak turnover, which could limit upside if demand does not improve. Zacks: Home Depot vs. Lowe’s Stock: Same Housing Headwinds, Different Strategies

Insider Activity

In related news, CFO Richard V. Mcphail sold 2,550 shares of the stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $368.89, for a total transaction 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 position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.08% of the stock is owned by company insiders.

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.