OVERSEA CHINESE BANKING Corp Ltd Buys 3,469 Shares of The Home Depot, Inc. $HD

OVERSEA CHINESE BANKING Corp Ltd grew its stake in shares of The Home Depot, Inc. (NYSE:HD) by 48.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,561 shares of the home improvement retailer’s stock after buying an additional 3,469 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd’s holdings in Home Depot were worth $3,635,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Parvin Asset Management LLC grew its stake in shares of Home Depot by 110.0% during the third quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock valued at $26,000 after buying an additional 33 shares during the last quarter. Financially Speaking Inc bought a new stake in shares of Home Depot in the third quarter worth about $31,000. Key Capital Management INC bought a new stake in shares of Home Depot in the fourth quarter worth about $28,000. Imprint Wealth LLC bought a new stake in shares of Home Depot in the third quarter worth about $34,000. Finally, Dougherty Wealth Advisers LLC bought a new stake in shares of Home Depot in the third quarter worth about $38,000. 70.86% of the stock is owned by institutional investors.

Trending Headlines about Home Depot

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

• Positive Sentiment: Wolfe Research reiterated an Outperform rating with a $414 price target after comments from HD’s CFO at the JPM conference, providing analyst-driven upside support for the stock. Wolfe Research Bullish on The Home Depot, Inc. (HD) Despite Market Downturn
• Positive Sentiment: Home Depot rolled out AI-powered phone agents built on Google Cloud’s Gemini Enterprise that cut customer-support response times ~4x — a move that can reduce operating costs and improve customer experience if broadly adopted. The Home Depot Delivers Customer Support Four Times Faster Using Google Cloud’s Gemini Enterprise for Customer Experience
• Neutral Sentiment: “Win the Pro” strategy (targeting contractors/builders) is highlighted as a core growth initiative — it could expand market share over time but execution and margin mix are uncertain. Home Depot Targets Pros to Spark New Growth
• Neutral Sentiment: Coverage on tech and infrastructure investments (fulfillment/delivery improvements) signals longer-term competitiveness but implies near-term capex/operational shifts. Home Depot adds tech and infrastructure to fix customer friction
• Neutral Sentiment: Go Lime expanded retail partnerships with Home Depot Canada — incremental footprint expansion in Canada but not a material near-term earnings driver. GO LIME EXPANDS RETAIL FOOTPRINT THROUGH MAJOR PARTNERSHIPS WITH HOME DEPOT CANADA AND WALMART CANADA
• Neutral Sentiment: Unusually large Home Depot call-option activity was reported, which can signal bullish positioning or speculative hedging and often raises short-term volatility around the shares. Massive and Unusual Trading in Home Depot Call Options – Is the HD Stock Rally Over?
• Negative Sentiment: Recent market reports note Home Depot has been falling more steeply than the broader market, reflecting short-term selling pressure that is likely driving today’s decline. Home Depot (HD) Falls More Steeply Than Broader Market: What Investors Need to Know
• Negative Sentiment: Analysis pieces note the stock slipped while Home Depot tweaks its pro strategy — signaling investor concern about execution timing and near-term results. “Win the Pro”: Home Depot Stock (NYSE:HD) Slips as Home Depot Tunes Up its Approach in Landing Pro Builders

Insider Buying and Selling

In other Home Depot news, CFO Richard V. Mcphail sold 2,550 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $368.89, for a total value of $940,669.50. Following the completion of the sale, the chief financial officer directly owned 44,566 shares in the company, valued at $16,439,951.74. This trade represents a 5.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.08% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research firms recently issued reports on HD. UBS Group reissued an “outperform” rating on shares of Home Depot in a research note on Tuesday, March 24th. Gordon Haskett raised their target price on Home Depot from $330.00 to $370.00 and gave the stock a “hold” rating in a research note on Wednesday, February 11th. Morgan Stanley raised their target price on Home Depot from $412.00 to $420.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 25th. Wells Fargo & Company raised their target price on Home Depot from $395.00 to $420.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 25th. Finally, BNP Paribas Exane cut their target price on Home Depot from $391.00 to $348.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 24th. Twenty research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $414.17.

Home Depot Stock Performance

Shares of HD opened at $339.29 on Thursday. 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 one year low of $315.31 and a one year high of $426.75. The company has a 50-day simple moving average of $349.82 and a two-hundred day simple moving average of $361.34. The firm has a market capitalization of $337.94 billion, a PE ratio of 23.84, a price-to-earnings-growth ratio of 3.76 and a beta of 1.09.

Home Depot (NYSE:HD) last issued its quarterly earnings data on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, topping 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 analyst estimates of $38.01 billion. During the same period last year, the business posted $3.13 earnings per share. Home Depot’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. On average, analysts anticipate that The Home Depot, Inc. will post 15.03 EPS for the current fiscal year.

Home Depot Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th were issued a $2.33 dividend. This represents a $9.32 annualized dividend and a yield of 2.7%. This is a boost from Home Depot’s previous quarterly dividend of $2.30. The ex-dividend date was Thursday, March 12th. Home Depot’s dividend payout ratio (DPR) is 65.50%.

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.