ICW Investment Advisors LLC Makes New $2.80 Million Investment in The Home Depot, Inc. $HD

ICW Investment Advisors LLC acquired a new stake in The Home Depot, Inc. (NYSE:HD) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,838 shares of the home improvement retailer’s stock, valued at approximately $2,799,000.

Other institutional investors have also recently modified their holdings of the company. Zeit Capital LLC purchased a new position in Home Depot during the 2nd quarter worth approximately $26,000. Principia Wealth Advisory LLC boosted its holdings in shares of Home Depot by 60.4% in the 2nd quarter. Principia Wealth Advisory LLC now owns 85 shares of the home improvement retailer’s stock valued at $30,000 after acquiring an additional 32 shares during the last quarter. Navigoe LLC acquired a new stake in shares of Home Depot in the second quarter worth $32,000. Gould Capital LLC increased its stake in shares of Home Depot by 58.7% in the first quarter. Gould Capital LLC now owns 100 shares of the home improvement retailer’s stock worth $33,000 after acquiring an additional 37 shares during the period. Finally, Clal Insurance Enterprises Holdings Ltd purchased a new position in shares of Home Depot during the second quarter worth $37,000. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Wells Fargo & Company boosted their target price on shares of Home Depot from $360.00 to $400.00 and gave the company an “overweight” rating in a research report on Tuesday, August 11th. Royal Bank Of Canada cut their price target on Home Depot from $343.00 to $342.00 and set a “sector perform” rating on the stock in a research report on Wednesday, August 19th. Mizuho upped their price objective on Home Depot from $385.00 to $390.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 19th. KeyCorp reaffirmed a “sector weight” rating on shares of Home Depot in a research note on Wednesday, August 19th. Finally, Guggenheim reaffirmed a “buy” rating and set a $425.00 target price on shares of Home Depot in a report on Wednesday, August 19th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $375.31.

Insiders Place Their Bets

In related news, EVP Teresa Roseborough sold 2,455 shares of Home Depot stock in a transaction on Friday, August 28th. The shares were sold at an average price of $328.77, for a total value of $807,130.35. Following the sale, the executive vice president owned 14,061 shares of the company’s stock, valued at approximately $4,622,834.97. This trade represents a 14.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Kimberly R. Scardino sold 675 shares of the business’s stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $305.95, for a total transaction of $206,516.25. Following the completion of the sale, the chief accounting officer directly owned 8,189 shares of the company’s stock, valued at approximately $2,505,424.55. The trade was a 7.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 9,829 shares of company stock valued at $3,339,314. Corporate insiders own 0.08% of the company’s stock.

More Home Depot News

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

• Positive Sentiment: Home Depot’s dominant position in home improvement, growing focus on professional contractors, sales growth and digital investments are cited as competitive strengths. These initiatives could support revenue and market-share gains, particularly as larger renovation projects recover. Home Depot vs. Lowe’s: Which Retail Giant Is Worth Betting On?
• Positive Sentiment: The company is evaluating “agentic” artificial intelligence, including ways AI agents could interact with Home Depot’s shopping and fulfillment systems. While the opportunity is potentially meaningful for customer service and productivity, the financial payoff remains uncertain. Home Depot Stock Notches Up as It Considers the Future of Agentic AI
• Neutral Sentiment: Analysts expect Home Depot to report third-quarter results next month, with consensus calling for single-digit earnings growth. Investors may remain cautious until the company provides updated results and guidance; its previous quarter exceeded EPS and revenue estimates. Here’s What to Expect From Home Depot’s Next Earnings Report
• Neutral Sentiment: Analysts continue to debate whether Home Depot or Target offers the better consumer-stock opportunity. Home Depot benefits from a focused category and contractor exposure, while Target provides broader exposure to essential and discretionary merchandise. Home Depot vs. Target: Which Consumer Stock Is a Better Buy in 2026?
• Negative Sentiment: Valuation is the main pressure point. After a roughly 20% three-year gain, shares around $317.56 are being questioned against expected future cash flows. Lowe’s offers stronger margin-improvement prospects and a lower valuation, raising concerns that investors may already be paying a premium for Home Depot’s growth. Home Depot Stock Looks Overvalued After Its Three-Year Run

Home Depot Price Performance

Shares of Home Depot stock opened at $317.45 on Thursday. The company has a quick ratio of 0.31, a current ratio of 1.08 and a debt-to-equity ratio of 2.64. The Home Depot, Inc. has a twelve month low of $277.15 and a twelve month high of $397.63. The business has a 50-day moving average price of $308.86 and a 200 day moving average price of $335.37. The firm has a market cap of $316.72 billion, a PE ratio of 22.22, a P/E/G ratio of 2.27 and a beta of 1.00.

Home Depot (NYSE:HD) last issued its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.73 by $0.19. The company had revenue of $47.86 billion for the quarter, compared to the consensus estimate of $47.24 billion. Home Depot had a return on equity of 106.42% and a net margin of 8.41%. Home Depot’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $4.68 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Sell-side analysts predict that The Home Depot, Inc. will post 15.01 earnings per share for the current fiscal year.

Home Depot Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd were paid a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Thursday, September 3rd. Home Depot’s dividend payout ratio is presently 65.22%.

About Home Depot

The Home Depot, Inc is a home improvement retailer serving do-it-yourself customers, professional contractors, and other building and maintenance professionals. The company sells a broad selection of building materials, hardware, tools, appliances, paint, plumbing and electrical supplies, flooring, lighting, lawn and garden products, and home décor.

In addition to merchandise, Home Depot offers services such as product delivery, tool and equipment rental, credit services, and installation for selected products.