Pensionfund Sabic Invests $3.27 Million in The Home Depot, Inc. $HD

Pensionfund Sabic bought a new stake in The Home Depot, Inc. (NYSE:HD) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 9,500 shares of the home improvement retailer’s stock, valued at approximately $3,269,000. Home Depot comprises 0.9% of Pensionfund Sabic’s investment portfolio, making the stock its 27th largest position.

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

Key Home Depot News

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

• Positive Sentiment: SRS Distribution (Home Depot subsidiary) agreed to acquire Mingledorff’s, expanding HD’s Pro footprint into HVAC distribution and targeting a large (~$100B) market opportunity. Home Depot Expands Pro Business With HVAC Distributor Acquisition
• Positive Sentiment: Telsey Advisory Group reaffirmed an “outperform” rating and set a $435 price target, signaling continued analyst upside expectations. Telsey reaffirms outperform on HD
• Positive Sentiment: J.P. Morgan and other analysts have reiterated bullish views on HD’s strategy to grow Pro sales (coverage highlights and Buy ratings), supporting longer‑term revenue diversification. Expanding the Pro Platform
• Neutral Sentiment: HD’s CFO will present at the J.P. Morgan Retail Round Up Forum on April 9 — a routine investor event that could offer incremental clarity but is not likely to move the stock materially by itself. Home Depot to Present at the J.P. Morgan Retail Round Up Forum
• Neutral Sentiment: Media/TV coverage (Jim Cramer) notes institutional holders remaining invested as a rate-cut hedge, reflecting confidence but not new fundamental news. Jim Cramer Notes That the Charitable Trust Holds On to Home Depot
• Neutral Sentiment: HD plans to open 12 new U.S. stores in 2026, a steady expansion that supports growth but is a longer‑term positive rather than an immediate catalyst. Home Depot to open 12 new US stores in 2026
• Negative Sentiment: Macroeconomic/housing weakness: coverage highlights slow new‑home sales and a still‑fragile housing recovery, which weigh on demand for big‑ticket home improvement and may be pressuring the stock despite strategic initiatives. Home Depot shows it has faith in a housing market rebound
• Negative Sentiment: Analysts remain conflicted on consumer‑cyclical names including HD (mixed ratings/concerns about near‑term comps), adding uncertainty that can cap near‑term upside. Analysts Conflicted on These Consumer Cyclical Names

Analyst Ratings Changes

Several equities research analysts have issued reports on HD shares. Gordon Haskett raised their price objective on shares of Home Depot from $330.00 to $370.00 and gave the stock a “hold” rating in a research report on Wednesday, February 11th. Daiwa Securities Group lifted their price target on Home Depot from $360.00 to $390.00 and gave the stock a “neutral” rating in a report on Thursday, February 26th. Jefferies Financial Group upped their price objective on Home Depot from $424.00 to $454.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. Guggenheim increased their price objective on Home Depot from $400.00 to $425.00 and gave the stock a “buy” rating in a research report on Wednesday, February 25th. Finally, Robert W. Baird boosted their target price on shares of Home Depot from $400.00 to $430.00 and gave the company an “outperform” rating in a research report on Tuesday, February 17th. Twenty equities research 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 MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $414.52.

Insider Buying and Selling at Home Depot

In related news, CFO Richard V. Mcphail sold 2,550 shares of the stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $368.89, for a total transaction of $940,669.50. Following the sale, the chief financial officer owned 44,566 shares in the company, valued at approximately $16,439,951.74. This trade represents a 5.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.10% of the company’s stock.

Home Depot Price Performance

Shares of NYSE HD opened at $328.30 on Friday. The business has a fifty day moving average price of $367.82 and a two-hundred day moving average price of $371.98. The stock has a market capitalization of $326.99 billion, a PE ratio of 23.07, a P/E/G ratio of 3.63 and a beta of 1.09. 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 Home Depot, Inc. has a fifty-two week low of $320.26 and a fifty-two week high of $426.75.

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

Home Depot Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th were issued a dividend of $2.33 per share. This is a boost from Home Depot’s previous quarterly dividend of $2.30. The ex-dividend date of this dividend was Thursday, March 12th. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.8%. Home Depot’s payout ratio is currently 65.50%.

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.