Fisher Asset Management LLC Raises Stake in The Home Depot, Inc. $HD

Fisher Asset Management LLC lifted its holdings in The Home Depot, Inc. (NYSE:HD) by 2.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,130,293 shares of the home improvement retailer’s stock after buying an additional 197,211 shares during the quarter. Home Depot accounts for 1.5% of Fisher Asset Management LLC’s portfolio, making the stock its 16th biggest holding. Fisher Asset Management LLC’s holdings in Home Depot were worth $4,104,694,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. PKS Advisory Services LLC boosted its position in Home Depot by 2.7% during the third quarter. PKS Advisory Services LLC now owns 2,566 shares of the home improvement retailer’s stock worth $1,040,000 after purchasing an additional 67 shares in the last quarter. Okabena Investment Services Inc. increased its position in shares of Home Depot by 131.4% in the third quarter. Okabena Investment Services Inc. now owns 2,083 shares of the home improvement retailer’s stock valued at $844,000 after buying an additional 1,183 shares in the last quarter. Bedell Frazier Investment Counselling LLC raised its stake in shares of Home Depot by 76.2% during the 3rd quarter. Bedell Frazier Investment Counselling LLC now owns 8,598 shares of the home improvement retailer’s stock worth $3,484,000 after buying an additional 3,719 shares during the last quarter. New Age Alpha Advisors LLC boosted its position in shares of Home Depot by 4.8% in the 3rd quarter. New Age Alpha Advisors LLC now owns 9,752 shares of the home improvement retailer’s stock worth $3,951,000 after buying an additional 445 shares in the last quarter. Finally, Arete Wealth Advisors LLC boosted its position in shares of Home Depot by 25.6% in the 3rd quarter. Arete Wealth Advisors LLC now owns 22,180 shares of the home improvement retailer’s stock worth $8,984,000 after buying an additional 4,518 shares in the last quarter. 70.86% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Home Depot

In other news, EVP Angie Brown sold 1,946 shares of the company’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $357.63, for a total transaction of $695,947.98. Following the completion of the transaction, the executive vice president directly owned 3,941 shares of the company’s stock, valued at approximately $1,409,419.83. This represents a 33.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Ann Marie Campbell sold 145 shares of the stock in a transaction that occurred on Thursday, December 11th. The stock was 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 in the company, valued at $4,413,763.20. The trade was a 1.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 4,963 shares of company stock worth $1,748,845 over the last ninety days. Company insiders own 0.10% of the company’s stock.

Key Home Depot News

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

• Positive Sentiment: Q4 beats, revenue and dividend hike — Home Depot topped Q4 estimates (EPS and revenue), reported positive comparable‑store sales, and approved a 1.3% dividend increase, signaling management confidence in cash flow. Does Home Depot’s Modest 2026 Outlook And Dividend Hike Reframe The Tech‑And‑Pro Story For HD?
• Positive Sentiment: Pro/customer mix is protecting results — Professional contractors are driving resilience in sales (Pro-focused initiatives, SRS integration and trade services are improving stickiness and margins versus DIY). Home Depot’s Pro Ecosystem Shows Resilience in Soft Market
• Positive Sentiment: Analyst support is increasing — Several firms have raised price targets and some analysts (including TD Cowen coverage) kept or added bullish ratings, giving the stock upward momentum. Home Depot: Pro-Focused Growth and Acquisition Integration Position FY26 as an Inflection Year Supporting a Buy Rating
• Positive Sentiment: Recent price‑target upgrades — Firms including Stifel, Daiwa and others nudged up targets post‑earnings, providing technical and sentiment support for the shares. Home Depot price target raised to $375 from $350 at Stifel
• Neutral Sentiment: 2026 guidance is modest — Management gave conservative FY26 sales/EPS guidance (low‑single‑digit sales growth, flat to low single‑digit EPS growth) and plans ~15 new store openings, which tempers upside until the housing cycle improves. Does Home Depot’s Modest 2026 Outlook And Dividend Hike Reframe The Tech‑And‑Pro Story For HD?
• Negative Sentiment: Macro/housing headwinds weigh on sentiment — High mortgage rates and low existing‑home turnover (“lock‑in” effect) are keeping big discretionary remodel projects on hold, which has driven short‑term investor caution and prior sell‑offs. Jim Cramer Wonders Why People Are Selling Home Depot (HD) Shares

Home Depot Stock Up 1.5%

Shares of NYSE:HD opened at $380.71 on Monday. The company has a 50 day moving average of $371.76 and a two-hundred day moving average of $379.70. The Home Depot, Inc. has a 52-week low of $326.31 and a 52-week 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 $379.00 billion, a price-to-earnings ratio of 26.75, a price-to-earnings-growth ratio of 13.64 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 the consensus estimate 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 during the quarter, compared to the consensus estimate of $38.01 billion. During the same period in the prior year, the firm earned $3.13 earnings per share. The business’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. As a group, analysts forecast that The Home Depot, Inc. will post 15.13 earnings per share for the current fiscal year.

Home Depot Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th will be issued a $2.33 dividend. This is an increase from Home Depot’s previous quarterly dividend of $2.30. This represents a $9.32 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Thursday, March 12th. Home Depot’s dividend payout ratio is 65.50%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Wall Street Zen cut shares of Home Depot from a “hold” rating to a “sell” rating in a research report on Friday, November 28th. Argus lowered their target price on Home Depot from $450.00 to $425.00 and set a “buy” rating on the stock in a report on Thursday, November 20th. The Goldman Sachs Group cut their price target on Home Depot from $413.00 to $409.00 in a report on Wednesday, February 25th. Jefferies Financial Group lifted their price objective on Home Depot from $424.00 to $454.00 and gave the stock a “buy” rating in a research report on Tuesday, February 24th. Finally, BNP Paribas Exane boosted their target price on shares of Home Depot from $355.00 to $391.00 in a research note on Wednesday, February 25th. Twenty equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $416.00.

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.