Naviter Wealth LLC Sells 1,938 Shares of The Home Depot, Inc. $HD

Naviter Wealth LLC decreased its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 16.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 9,727 shares of the home improvement retailer’s stock after selling 1,938 shares during the period. Naviter Wealth LLC’s holdings in Home Depot were worth $3,347,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. CCG Wealth Management LLC boosted its stake in Home Depot by 3.5% during the fourth quarter. CCG Wealth Management LLC now owns 5,182 shares of the home improvement retailer’s stock valued at $1,783,000 after buying an additional 175 shares during the period. Clayton Financial Group LLC boosted its stake in Home Depot by 227.3% during the fourth quarter. Clayton Financial Group LLC now owns 504 shares of the home improvement retailer’s stock valued at $173,000 after buying an additional 350 shares during the period. V2 Financial group LLC boosted its stake in Home Depot by 41.9% during the fourth quarter. V2 Financial group LLC now owns 1,006 shares of the home improvement retailer’s stock valued at $346,000 after buying an additional 297 shares during the period. Pacific Point Advisors LLC boosted its stake in Home Depot by 6.5% during the fourth quarter. Pacific Point Advisors LLC now owns 1,044 shares of the home improvement retailer’s stock valued at $359,000 after buying an additional 64 shares during the period. Finally, MBL Wealth LLC boosted its stake in Home Depot by 7.9% during the fourth quarter. MBL Wealth LLC now owns 5,669 shares of the home improvement retailer’s stock valued at $1,951,000 after buying an additional 413 shares during the period. Institutional investors own 70.86% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Jefferies Financial Group lifted their price objective on Home Depot from $424.00 to $454.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. Royal Bank Of Canada lifted their price objective on Home Depot from $363.00 to $377.00 and gave the company a “sector perform” rating in a research note on Wednesday, February 25th. Wall Street Zen upgraded Home Depot from a “sell” rating to a “hold” rating in a research report on Saturday, March 21st. The Goldman Sachs Group lowered their price target on Home Depot from $413.00 to $409.00 in a research report on Wednesday, February 25th. Finally, TD Cowen restated a “buy” rating on shares of Home Depot in a research report on Thursday, March 12th. Twenty analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Home Depot currently has a consensus rating of “Moderate Buy” and a consensus price target of $414.17.

Home Depot News Summary

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

• Positive Sentiment: Macro/market tailwind: A sharp drop in crude oil and headlines around a temporary Iran ceasefire reduced geopolitical risk and lifted consumer/retail names, providing immediate upward momentum for HD. Home Depot Shares Gain As Oil Crash Lifts Consumer Stocks
• Positive Sentiment: Valuation/contrarian view: Several pieces are framing HD as oversold or attractively discounted after recent weakness, which can prompt buying from value and income-oriented investors given HD’s dividend and long-term positioning. Oversold Home Depot stock not likely to fall much further
• Positive Sentiment: Analyst tweak: Erste Group nudged up its FY2028 EPS forecast for Home Depot (very modest), which supports the narrative that long-term earnings power remains intact despite near-term headwinds. MarketBeat – Erste Group estimate note
• Neutral Sentiment: Market-structure context: Coverage notes that HD is being watched as the Dow tests technical thresholds; that attention can intensify short-term volatility but doesn’t change fundamentals immediately. The Dow Tests a Key Technical Threshold. Watching Apple, Home Depot Stocks.
• Neutral Sentiment: Investor attention: Multiple news outlets and stock screener lists flag HD as a high-interest name (search traffic and “discounted stocks” lists), which can boost trading volume independent of fresh fundamental changes. 3 Discounted Stocks With Strong Rebound Potential
• Negative Sentiment: Business headwinds: Coverage highlights HD at a 52-week low and calls out weakening big-ticket demand, margin pressure from investments, and softer sales vs. year-ago levels — these are the core fundamental reasons for the sell-off that remains a risk to the stock. Home Depot Hits 52-Week Low: Time to Buy Now or Stay Cautious?
• Negative Sentiment: Investor skepticism: High-profile criticism (e.g., Jim Cramer highlighting it as a problematic position) and year-to-date declines amplify negative sentiment and can deter momentum investors. Jim Cramer Turns on Home Depot Stock

Home Depot Trading Up 5.4%

NYSE HD opened at $336.06 on Thursday. The stock’s 50-day simple moving average is $357.82 and its two-hundred day simple moving average is $365.74. The Home Depot, Inc. has a twelve month low of $315.31 and a twelve month high of $426.75. 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 company has a market capitalization of $334.72 billion, a price-to-earnings ratio of 23.62, a PEG ratio of 3.51 and a beta of 1.09.

Home Depot (NYSE:HD) last released its quarterly earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, beating 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 business had revenue of $38.20 billion for the quarter, compared to the consensus estimate of $38.01 billion. During the same quarter last year, the business posted $3.13 earnings per share. The company’s revenue for the quarter was down 3.8% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Research analysts forecast that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.

Home Depot Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th were issued a $2.33 dividend. This is an increase from Home Depot’s previous quarterly dividend of $2.30. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Thursday, March 12th. Home Depot’s dividend payout ratio (DPR) is presently 65.50%.

Insider Activity at Home Depot

In other news, CFO Richard V. Mcphail sold 2,550 shares of Home Depot stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $368.89, for a total value of $940,669.50. Following the transaction, the chief financial officer owned 44,566 shares in the company, valued at approximately $16,439,951.74. The trade was a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.10% of the company’s stock.

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.