Wedmont Private Capital Lowers Stock Holdings in The Home Depot, Inc. $HD

Wedmont Private Capital cut its position in The Home Depot, Inc. (NYSE:HD) by 13.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,385 shares of the home improvement retailer’s stock after selling 1,844 shares during the quarter. Wedmont Private Capital’s holdings in Home Depot were worth $4,323,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Parvin Asset Management LLC increased its stake in Home Depot by 110.0% during the third quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock worth $26,000 after purchasing an additional 33 shares during the period. Financially Speaking Inc purchased a new position in shares of Home Depot in the third quarter valued at approximately $31,000. Sagard Holdings Management Inc. acquired a new position in shares of Home Depot in the second quarter valued at approximately $29,000. Imprint Wealth LLC acquired a new position in shares of Home Depot in the third quarter valued at approximately $34,000. Finally, Dougherty Wealth Advisers LLC purchased a new stake in Home Depot during the 3rd quarter worth approximately $38,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: Home Depot’s recent quarter beat consensus (EPS and revenue) and management set FY2026 guidance, giving investors confidence in near‑term earnings visibility.
• Positive Sentiment: HD is expanding its Pro platform with AI-driven smart project planning and delivery/tools to help contractors manage projects and materials more efficiently — a move that can boost repeat business and margins. HD Expands Pro Platform With Smart Project Planning & AI Features
• Positive Sentiment: TipRanks highlights Home Depot clearing a charitable milestone — $1 billion in giving — which can bolster brand reputation and ESG credibility with customers and institutional investors. “$1 Billion in Charitable Giving”: Home Depot Stock (NYSE:HD) Clears Milestone, Surges
• Positive Sentiment: Local competition pressure eased in some markets after a long‑standing independent rival closed a store, reinforcing Home Depot’s scale advantage vs smaller hardware chains. 54-year-old Home Depot rival closes store, no bankruptcy
• Neutral Sentiment: Multiple outlets are comparing Home Depot to other beaten-down blue chips (e.g., McDonald’s), which can drive headline-driven flows but doesn’t change fundamentals immediately. Home Depot vs McDonald’s: Which Beaten-Down Blue Chip Is the Better Buy Right Now?
• Neutral Sentiment: General dividend-stock coverage highlights income-focused demand themes that could support interest in large, dividend-paying retailers like HD. 2 Monster Dividend Stocks to Buy and Hold Forever
• Neutral Sentiment: Broader market moves (macro headlines and trading flows) are influencing sector performance; Home Depot’s stock can be lifted or trimmed by general risk‑on / risk‑off swings. Stock Market Today: Dow Up As Trump Says This; Cathie Wood Snaps Up IPO Stock Amid 84% Dive (Live Coverage)
• Negative Sentiment: From a technical/valuation angle, HD remains below its 50‑day and 200‑day moving averages, a potential headache for momentum traders if broader selling resumes.

Analysts Set New Price Targets

A number of research firms have issued reports on HD. Wells Fargo & Company increased their target price on shares of Home Depot from $395.00 to $420.00 and gave the stock an “overweight” rating in a report on Wednesday, February 25th. Gordon Haskett boosted their price target on shares of Home Depot from $330.00 to $370.00 and gave the stock a “hold” rating in a research note on Wednesday, February 11th. Citigroup upped their price objective on Home Depot from $407.00 to $450.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Zacks Research upgraded Home Depot from a “strong sell” rating to a “hold” rating in a research note on Monday, February 9th. Finally, DA Davidson boosted their target price on Home Depot from $407.00 to $445.00 and gave the stock a “buy” rating in a research note on Tuesday, February 24th. Twenty equities research 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. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $416.00.

Home Depot Stock Performance

Shares of HD opened at $330.79 on Tuesday. The stock has a 50 day moving average price of $370.68 and a 200 day moving average price of $373.18. 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 $329.47 billion, a price-to-earnings ratio of 23.25, a price-to-earnings-growth ratio of 3.50 and a beta of 1.09. The Home Depot, Inc. has a 52-week low of $320.26 and a 52-week high of $426.75.

Home Depot (NYSE:HD) last announced its quarterly earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, beating the consensus estimate of $2.52 by $0.20. The company had revenue of $38.20 billion for 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 firm’s revenue was down 3.8% on a year-over-year basis. During the same period in the prior year, the firm posted $3.13 earnings per share. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Research analysts predict that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.

Home Depot Increases Dividend

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

Insider Buying and Selling at Home Depot

In other Home Depot news, EVP Teresa Wynn Roseborough sold 2,872 shares of the firm’s stock in a transaction dated 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 transaction, the executive vice president owned 13,196 shares of the company’s stock, valued at approximately $4,599,069.92. This trade represents a 17.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, 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 sale, the chief financial officer owned 44,566 shares in the company, valued at $16,439,951.74. This trade represents a 5.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.10% of the stock is owned by company insiders.

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.