The Home Depot, Inc. $HD Shares Acquired by Van ECK Associates Corp

Van ECK Associates Corp boosted its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 3.6% during the 3rd quarter, Holdings Channel.com reports. The firm owned 68,742 shares of the home improvement retailer’s stock after purchasing an additional 2,365 shares during the quarter. Van ECK Associates Corp’s holdings in Home Depot were worth $27,854,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Tabor Asset Management LP increased its position in shares of Home Depot by 29.1% in the 3rd quarter. Tabor Asset Management LP now owns 14,061 shares of the home improvement retailer’s stock worth $5,697,000 after purchasing an additional 3,172 shares during the last quarter. FourThought Financial Partners LLC grew its stake in Home Depot by 0.6% in the third quarter. FourThought Financial Partners LLC now owns 22,646 shares of the home improvement retailer’s stock worth $9,176,000 after purchasing an additional 129 shares in the last quarter. Promus Capital LLC grew its stake in Home Depot by 2.3% in the third quarter. Promus Capital LLC now owns 1,762 shares of the home improvement retailer’s stock worth $714,000 after purchasing an additional 40 shares in the last quarter. Massachusetts Institute of Technology bought a new stake in Home Depot in the third quarter valued at about $371,000. Finally, Winthrop Capital Management LLC raised its stake in Home Depot by 2.8% during the third quarter. Winthrop Capital Management LLC now owns 2,904 shares of the home improvement retailer’s stock valued at $1,177,000 after buying an additional 80 shares in the last quarter. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

Key Home Depot News

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

• Positive Sentiment: Home Depot launched a real‑time delivery tracker for Pro customers — a service enhancement that can improve the Pro experience, reduce operational friction, and support higher same‑store spending from the high‑margin professional segment. Home Depot launches game-changing feature for certain customers
• Positive Sentiment: The Home Depot Foundation expanded its Path to Pro grants (initial $1M) to fund upgrades at trade schools and training organizations — a strategic move to shore up the skilled‑labor pipeline that underpins long‑term pro demand for tools, materials and services. This is a longer‑term positive for pro sales. The Home Depot Foundation Helps Revitalize “Shop Class” with Nationwide Grants
• Neutral Sentiment: A Benzinga analysis showing long‑term returns for HD highlights the stock’s historical total return to shareholders — useful context for buy‑and‑hold investors but less material to near‑term price moves. Here’s How Much You Would Have Made Owning Home Depot Stock in the Last 15 Years
• Neutral Sentiment: Coverage pieces comparing Home Depot vs. peers (e.g., Costco) provide strategic valuation and positioning context but are not direct catalysts. Best Stock to Buy and Hold Forever: Costco vs Home Depot
• Negative Sentiment: Zacks Research issued a string of downward revisions to Home Depot’s quarterly and full‑year EPS estimates (multiple Q1–Q4 and FY2027–FY2028 cuts) and carries a “Hold” rating — these cuts reduce near‑term earnings expectations and likely weigh on the share price. Zacks Research lowers multiple Home Depot EPS estimates
• Negative Sentiment: Coverage noting that a former CEO publicly backed a political energy plan drew headlines and correlated with a slide in the stock — political associations and headline risk can trigger short‑term volatility among retail investors. Home Depot Stock Slides as Former CEO Backs Trump Energy Plan
• Neutral Sentiment: Regulatory filing shows Sen. Sheldon Whitehouse sold a small amount (~$5K) of HD shares — a disclosure item but immaterial in size and unlikely to be a market-moving signal. Recent Filing Shows That Sen. Sheldon Whitehouse Sold Over $5K Worth of Home Depot Stock

Analyst Ratings Changes

Several research analysts have recently commented on the company. Robert W. Baird lifted their target price on Home Depot from $400.00 to $430.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 17th. Bank of America reduced their price objective on Home Depot from $450.00 to $430.00 and set a “buy” rating on the stock in a research note on Wednesday, November 19th. KGI Securities downgraded shares of Home Depot from an “outperform” rating to a “hold” rating and set a $320.00 price objective for the company. in a report on Wednesday, November 19th. Truist Financial set a $424.00 target price on shares of Home Depot in a research note on Tuesday, February 24th. Finally, Evercore dropped their target price on shares of Home Depot from $450.00 to $425.00 and set an “outperform” rating on the stock in a report on Wednesday, November 19th. Twenty investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $416.00.

Insider Buying and Selling

In related news, EVP Teresa Wynn Roseborough sold 2,872 shares of the firm’s stock in a transaction that occurred on Friday, December 26th. The stock was sold at an average price of $348.52, for a total value of $1,000,949.44. Following the sale, the executive vice president directly owned 13,196 shares in the company, valued at $4,599,069.92. This trade represents a 17.87% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Angie Brown sold 1,946 shares of Home Depot stock in a transaction on Friday, December 12th. The shares were sold at an average price of $357.63, for a total value of $695,947.98. Following the sale, the executive vice president directly owned 3,941 shares in the company, valued at $1,409,419.83. The trade was a 33.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 7,368 shares of company stock valued at $2,637,567 in the last three months. 0.10% of the stock is currently owned by corporate insiders.

Home Depot Price Performance

Shares of NYSE HD opened at $350.90 on Thursday. 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 firm has a market capitalization of $349.32 billion, a PE ratio of 24.66, a P/E/G ratio of 12.84 and a beta of 1.09. The Home Depot, Inc. has a 1-year low of $326.31 and a 1-year high of $426.75. The business’s fifty day moving average price is $374.05 and its two-hundred day moving average price is $377.56.

Home Depot (NYSE:HD) last released its quarterly earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, topping the consensus estimate of $2.52 by $0.20. The business had revenue of $38.20 billion during the quarter, compared to analyst estimates of $38.01 billion. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The company’s quarterly revenue was down 3.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.13 earnings per share. 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 firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be given a dividend of $2.33 per share. This is a boost from Home Depot’s previous quarterly dividend of $2.30. This represents a $9.32 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Thursday, March 12th. Home Depot’s payout ratio is presently 64.65%.

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.