TIAA Trust National Association Acquires 23,089 Shares of The Home Depot, Inc. $HD

TIAA Trust National Association grew its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 23.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 120,475 shares of the home improvement retailer’s stock after purchasing an additional 23,089 shares during the period. TIAA Trust National Association’s holdings in Home Depot were worth $48,816,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Sagard Holdings Management Inc. bought a new stake in Home Depot in the second quarter worth $29,000. Financially Speaking Inc purchased a new position in shares of Home Depot in the 3rd quarter worth about $31,000. LFA Lugano Financial Advisors SA purchased a new position in shares of Home Depot in the 2nd quarter worth about $32,000. Legacy Investment Solutions LLC bought a new position in Home Depot in the 2nd quarter worth about $35,000. Finally, Dougherty Wealth Advisers LLC bought a new position in Home Depot in the 3rd quarter worth about $38,000. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Home Depot Stock Down 0.1%

Shares of Home Depot stock opened at $375.02 on Friday. The Home Depot, Inc. has a twelve month low of $326.31 and a twelve month high of $426.75. The company has a quick ratio of 0.29, a current ratio of 1.06 and a debt-to-equity ratio of 3.62. The company’s 50 day moving average is $371.05 and its 200 day moving average is $380.05. The company has a market cap of $373.34 billion, a price-to-earnings ratio of 26.35, a price-to-earnings-growth ratio of 13.49 and a beta of 1.08.

Home Depot (NYSE:HD) last announced its 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. 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% compared to the same quarter last year. During the same period in the previous year, the business earned $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Research analysts anticipate 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. Investors of record on Thursday, March 12th will be given a dividend of $2.33 per share. This represents a $9.32 dividend on an annualized basis and a yield of 2.5%. This is a boost from Home Depot’s previous quarterly dividend of $2.30. The ex-dividend date is Thursday, March 12th. Home Depot’s dividend payout ratio (DPR) is currently 65.50%.

Insider Buying and Selling at Home Depot

In other Home Depot news, EVP Teresa Wynn Roseborough sold 2,872 shares of the stock in a transaction dated 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 transaction, the executive vice president owned 13,196 shares of the company’s stock, valued at approximately $4,599,069.92. This represents a 17.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Ann Marie Campbell sold 145 shares of the business’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $358.26, for a total value of $51,947.70. Following the sale, the executive vice president owned 12,320 shares of the company’s stock, valued at approximately $4,413,763.20. This represents a 1.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 4,963 shares of company stock valued at $1,748,845. 0.10% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. The Goldman Sachs Group reduced their price objective on shares of Home Depot from $413.00 to $409.00 in a research note on Wednesday. Sanford C. Bernstein increased their price target on shares of Home Depot from $381.00 to $390.00 and gave the company a “market perform” rating in a report on Wednesday. Oppenheimer decreased their price objective on shares of Home Depot from $420.00 to $405.00 and set a “market perform” rating for the company in a report on Friday, December 5th. Royal Bank Of Canada upped their price objective on Home Depot from $363.00 to $377.00 and gave the company a “sector perform” rating in a research report on Wednesday. Finally, DA Davidson increased their target price on Home Depot from $407.00 to $445.00 and gave the company a “buy” rating in a research note on Tuesday. Twenty research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Home Depot currently has an average rating of “Moderate Buy” and a consensus target price of $416.00.

Home Depot News Summary

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

• Positive Sentiment: Multiple large firms raised price targets and issued positive outlooks, signaling stronger analyst conviction and providing upward pressure on the stock. UBS Group Issues Positive Forecast for Home Depot
• Positive Sentiment: TD Cowen reiterated a Buy and kept a $450 target, framing FY‑26 as an inflection year driven by Pro‑focused growth and acquisition integration (SRS). Home Depot: Pro-Focused Growth and Acquisition Integration Position FY26 as an Inflection Year
• Positive Sentiment: Q4 results topped expectations (EPS beat and revenue slightly above consensus) and analysts raised forecasts after the print — supporting the view that Home Depot can execute even in a soft housing backdrop. Home Depot Analysts Boost Their Forecasts Following Better-Than-Expected Q4 Results
• Positive Sentiment: Coverage noting strength with professional contractors — Pro sales are offsetting weak DIY demand, which supports more stable revenue and recurring business from trade customers. Home Depot sales rise as contractors boost demand
• Neutral Sentiment: Sector/earnings context: broader retail earnings commentary highlights Home Depot as an anchor for Q4 S&P results, but raises the question of sustainability into 2026. Retail Sector Earnings in Focus
• Negative Sentiment: Investor jitters returned after a competitor’s cautious outlook (Lowe’s), which revived concerns about high rates, low housing turnover and uneven demand — a driver of earlier intraday weakness. Home Depot slides 3.2% as home-improvement outlook jitters return after rival’s cautious guidance
• Negative Sentiment: Commentary (e.g., Jim Cramer) flagged ongoing selling interest and puzzlement over reduced positioning despite solid results — a reminder that sentiment and macro outlook can outweigh fundamentals in the short term. Jim Cramer Wonders Why People Are Selling Home Depot (HD) Shares

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.