Whalen Wealth Management Inc. Makes New $868,000 Investment in The Home Depot, Inc. $HD

Whalen Wealth Management Inc. acquired a new position in The Home Depot, Inc. (NYSE:HD) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 2,521 shares of the home improvement retailer’s stock, valued at approximately $868,000.

Several other hedge funds and other institutional investors have also modified their holdings of HD. Emprise Bank raised its holdings in Home Depot by 0.8% in the third quarter. Emprise Bank now owns 3,135 shares of the home improvement retailer’s stock valued at $1,270,000 after buying an additional 26 shares during the period. Stegent Equity Advisors Inc. grew its stake in Home Depot by 2.7% during the third quarter. Stegent Equity Advisors Inc. now owns 1,006 shares of the home improvement retailer’s stock worth $408,000 after buying an additional 26 shares during the period. Navis Wealth Advisors LLC increased its position in shares of Home Depot by 1.8% in the second quarter. Navis Wealth Advisors LLC now owns 1,532 shares of the home improvement retailer’s stock worth $562,000 after acquiring an additional 27 shares in the last quarter. Unique Wealth LLC increased its position in shares of Home Depot by 1.2% in the third quarter. Unique Wealth LLC now owns 2,280 shares of the home improvement retailer’s stock worth $924,000 after acquiring an additional 27 shares in the last quarter. Finally, Arcus Capital Partners LLC raised its stake in shares of Home Depot by 1.1% in the 3rd quarter. Arcus Capital Partners LLC now owns 2,445 shares of the home improvement retailer’s stock valued at $991,000 after acquiring an additional 27 shares during the period. 70.86% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

HD has been the subject of a number of research reports. Zacks Research raised shares of Home Depot from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. Wells Fargo & Company raised their price objective on Home Depot from $395.00 to $420.00 and gave the company an “overweight” rating in a research report on Wednesday, February 25th. Truist Financial set a $424.00 price objective on Home Depot in a research note on Tuesday, February 24th. Gordon Haskett upped their target price on Home Depot from $330.00 to $370.00 and gave the stock a “hold” rating in a research report on Wednesday, February 11th. Finally, Jefferies Financial Group raised their target price on Home Depot from $424.00 to $454.00 and gave the company a “buy” rating in a report 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 issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $414.17.

Home Depot Stock Performance

Shares of HD stock opened at $321.79 on Monday. The Home Depot, Inc. has a 12 month low of $318.66 and a 12 month high of $426.75. 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 $320.51 billion, a P/E ratio of 22.61, a P/E/G ratio of 3.51 and a beta of 1.09. The company’s fifty day moving average price is $361.06 and its two-hundred day moving average price is $367.28.

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 return on equity of 134.32% and a net margin of 8.60%.The company had revenue of $38.20 billion during the quarter, compared to the consensus estimate of $38.01 billion. During the same period last year, the firm earned $3.13 earnings per share. The company’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. On average, research analysts anticipate 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 was paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th were given a $2.33 dividend. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend was Thursday, March 12th. This is a positive change from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s dividend payout ratio is currently 65.50%.

Insider Activity at Home Depot

In other news, CFO Richard V. Mcphail sold 2,550 shares of the firm’s 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 completion of the sale, the chief financial officer owned 44,566 shares of the company’s stock, valued at approximately $16,439,951.74. This trade represents a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.10% of the company’s stock.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: Named Franziska Bell (formerly Ford’s AI lead) as EVP & CTO to scale agentic AI — a move that could accelerate merchandising, supply-chain automation and customer personalization, supporting long‑term margin upside. Home Depot Recruits Ford Tech Leader to Scale Agentic AI
• Positive Sentiment: Expanding into HVAC distribution with the Mingledorff’s deal increases exposure to a ~$100B market in the Southeast and diversifies B2B revenue streams — management expects minimal leverage impact. This helps the growth/market‑reach story. Home Depot HVAC Deal Expands Market Reach And Shifts Investor Focus
• Neutral Sentiment: Still counts as a Dividend Aristocrat, which supports income investors’ interest but doesn’t change near‑term growth dynamics. Meet the Next Generation of Dividend Aristocrats
• Negative Sentiment: Shares hit a 52-week low amid broader market pressures and sector headwinds, a clear near-term bearish signal for momentum and sentiment. Home Depot stock hits 52-week low at $320.22 amid market pressures
• Negative Sentiment: Evercore cut its price target to $415, signaling reduced analyst upside and likely weighing on sentiment among momentum and target‑driven investors. Evercore Cuts Home Depot (NYSE:HD) Price Target to $415.00
• Negative Sentiment: Recent coverage highlights a downward move in the stock amid broader market gains and notes worrisome shifts in consumer behavior and slowing comparable‑sales trends — pressure on near‑term top‑line and margins. Home Depot (HD) Stock Sinks As Market Gains: Here’s Why

Home Depot Company 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.