Maple Capital Management Inc. Increases Holdings in The Home Depot, Inc. $HD

Maple Capital Management Inc. lifted its holdings in The Home Depot, Inc. (NYSE:HD) by 2.1% in the third quarter, Holdings Channel reports. The fund owned 87,307 shares of the home improvement retailer’s stock after purchasing an additional 1,790 shares during the quarter. Home Depot makes up 2.3% of Maple Capital Management Inc.’s holdings, making the stock its 15th biggest holding. Maple Capital Management Inc.’s holdings in Home Depot were worth $35,376,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Silphium Asset Management Ltd lifted its position in Home Depot by 77.2% in the third quarter. Silphium Asset Management Ltd now owns 13,544 shares of the home improvement retailer’s stock worth $5,488,000 after buying an additional 5,900 shares during the last quarter. West Family Investments Inc. increased its position in Home Depot by 65.6% during the second quarter. West Family Investments Inc. now owns 3,630 shares of the home improvement retailer’s stock valued at $1,331,000 after acquiring an additional 1,438 shares during the last quarter. Truist Financial Corp increased its position in Home Depot by 0.3% during the third quarter. Truist Financial Corp now owns 1,095,113 shares of the home improvement retailer’s stock valued at $443,729,000 after acquiring an additional 3,608 shares during the last quarter. Asset Management One Co. Ltd. raised its stake in shares of Home Depot by 2.3% in the third quarter. Asset Management One Co. Ltd. now owns 534,564 shares of the home improvement retailer’s stock valued at $216,600,000 after acquiring an additional 12,239 shares during the period. Finally, Atlantic Union Bankshares Corp raised its stake in shares of Home Depot by 59.9% in the third quarter. Atlantic Union Bankshares Corp now owns 107,438 shares of the home improvement retailer’s stock valued at $43,533,000 after acquiring an additional 40,232 shares during the period. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Home Depot Trading Down 3.1%

Shares of HD opened at $330.75 on Thursday. The firm has a market capitalization of $329.27 billion, a price-to-earnings ratio of 23.24, a PEG ratio of 3.73 and a beta of 1.09. The company has a debt-to-equity ratio of 3.62, a current ratio of 1.06 and a quick ratio of 0.26. The Home Depot, Inc. has a 1-year low of $326.31 and a 1-year high of $426.75. The company has a 50-day moving average of $373.26 and a 200 day moving average of $375.13.

Home Depot (NYSE:HD) last issued its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $38.01 billion. During the same period last year, the company posted $3.13 earnings per share. The company’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. On average, research analysts expect 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 will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th will be issued a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a yield of 2.8%. The ex-dividend date is Thursday, March 12th. This is an increase from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s dividend payout ratio (DPR) is 65.50%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on HD. HSBC dropped their price target on shares of Home Depot from $445.00 to $400.00 and set a “hold” rating for the company in a research note on Wednesday, November 19th. Telsey Advisory Group increased their price objective on shares of Home Depot from $410.00 to $435.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 25th. KeyCorp reissued a “sector weight” rating on shares of Home Depot in a research note on Wednesday, February 25th. Sanford C. Bernstein boosted their target price on Home Depot from $381.00 to $390.00 and gave the company a “market perform” rating in a research report on Wednesday, February 25th. Finally, Stifel Nicolaus reduced their price target on Home Depot from $370.00 to $350.00 and set a “hold” rating on the stock in a report on Monday, December 1st. Twenty analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $416.00.

Key Home Depot News

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

• Positive Sentiment: Expanded Pro digital experience: Home Depot announced new project‑management and AI tools aimed at professional renovators to streamline workflows and win more Pro business. This should help lifetime customer value and margins over time. The Home Depot Expands Pro Digital Experience
• Positive Sentiment: US footprint growth: Home Depot plans to open 12 new U.S. stores in 2026, adding ~1.6M+ sq ft of retail space — a signal of continued investment in physical presence and local market share gains. Home Depot to open 12 US stores in 2026 expansion
• Positive Sentiment: Service & seasonal demand initiatives: The company launched a real‑time Pro delivery tracker (improves productivity for contractors) and kicked off its Spring Starts seasonal promotion — both support near‑term sales and better Pro retention. Should Home Depot’s Real‑Time Pro Delivery Tracker Require Action From Investors? Spring Starts event
• Positive Sentiment: Investor endorsements: Home Depot appears in retail stock watchlists as an attractively positioned retailer, which can support medium‑term interest from buy‑and‑hold investors. The Top 2 Retail Stocks to Buy Right Now
• Neutral Sentiment: Analysts conflicted: Coverage shows mixed views on Home Depot vs. peers (Amazon, Garrett Motion), reflecting debate over consumer cyclical positioning and growth vs. margin tradeoffs. Short‑term analyst noise can increase volatility. Analysts Conflicted article
• Neutral Sentiment: Battery recycling coverage: Media notes Home Depot’s exposure to the growing battery recycling market (batteries are a core SKU), but commentary frames this as a long‑run opportunity rather than an immediate earnings driver. Battery recycling article
• Negative Sentiment: Unusually large put buying: Investors purchased 45,863 put options today (≈48% above average), signaling elevated bearish hedging or outright bearish bets. Heavy put flow can weigh on stock sentiment and drive intraday selling.

Insiders Place Their Bets

In other Home Depot news, EVP Teresa Wynn Roseborough sold 2,872 shares of Home Depot stock in a transaction on 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 completion of the sale, the executive vice president directly owned 13,196 shares of the company’s stock, valued at $4,599,069.92. The trade was a 17.87% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Richard V. Mcphail sold 2,550 shares of the company’s stock in a transaction on 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 sale, the chief financial officer owned 44,566 shares of the company’s stock, valued at $16,439,951.74. This represents a 5.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.10% of the company’s stock.

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.