The Home Depot, Inc. $HD Stock Position Raised by Diversify Advisory Services LLC

Diversify Advisory Services LLC boosted its position in shares of The Home Depot, Inc. (NYSE:HD) by 11.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,114 shares of the home improvement retailer’s stock after buying an additional 3,913 shares during the period. Diversify Advisory Services LLC’s holdings in Home Depot were worth $11,440,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. BlackRock Inc. acquired a new stake in shares of Home Depot in the second quarter worth approximately $28,771,247,000. Bank of America Corp DE purchased a new stake in shares of Home Depot during the second quarter worth approximately $5,780,468,000. Bank of New York Mellon Corp purchased a new stake in shares of Home Depot during the second quarter worth approximately $2,777,396,000. Corient Private Wealth LP acquired a new position in Home Depot in the 2nd quarter valued at $390,913,000. Finally, Legal & General Group Plc acquired a new position in Home Depot in the 2nd quarter valued at $1,953,883,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Wells Fargo & Company raised their price objective on Home Depot from $360.00 to $400.00 and gave the company an “overweight” rating in a report on Tuesday, August 11th. UBS Group reaffirmed a “buy” rating on shares of Home Depot in a research note on Thursday, September 17th. Melius Research set a $397.00 target price on shares of Home Depot in a report on Tuesday, October 6th. Stifel Nicolaus increased their target price on shares of Home Depot from $320.00 to $340.00 and gave the company a “hold” rating in a research report on Monday, August 17th. Finally, TD Cowen reiterated a “buy” rating on shares of Home Depot in a research report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $375.93.

Insider Activity

In other news, EVP Michael F. Rowe sold 710 shares of the firm’s stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $336.76, for a total transaction of $239,099.60. Following the completion of the sale, the executive vice president owned 6,838 shares in the company, valued at $2,302,764.88. This trade represents a 9.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Richard V. Mcphail sold 5,989 shares of Home Depot stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $348.40, for a total transaction of $2,086,567.60. Following the sale, the chief financial officer directly owned 48,104 shares in the company, valued at approximately $16,759,433.60. The trade was a 11.07% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 9,829 shares of company stock worth $3,339,314. Corporate insiders own 0.08% of the company’s stock.

Home Depot Trading Up 1.7%

Shares of HD stock opened at $315.04 on Wednesday. The company’s 50-day moving average price is $310.94 and its 200-day moving average price is $323.93. The company has a current ratio of 1.08, a quick ratio of 0.31 and a debt-to-equity ratio of 2.64. The stock has a market cap of $314.31 billion, a price-to-earnings ratio of 22.05, a PEG ratio of 2.20 and a beta of 1.00. The Home Depot, Inc. has a twelve month low of $277.15 and a twelve month high of $397.63.

Home Depot (NYSE:HD) last announced its quarterly earnings data on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.73 by $0.19. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The firm had revenue of $47.86 billion during the quarter, compared to analyst estimates of $47.24 billion. During the same quarter in the prior year, the firm posted $4.68 earnings per share. Home Depot’s quarterly revenue was up 5.7% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, equities analysts predict that The Home Depot, Inc. will post 15.01 earnings per share for the current year.

Home Depot Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd were issued a $2.33 dividend. This represents a $9.32 annualized dividend and a yield of 3.0%. The ex-dividend date was Thursday, September 3rd. Home Depot’s payout ratio is presently 65.22%.

Key Stories Impacting Home Depot

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

• Positive Sentiment: Home Depot is strengthening its position with professional contractors through strategic acquisitions, an expanded logistics network, and a greater emphasis on trade customers. Analysts and financial commentators view this strategy as a potential long-term growth driver. Alibaba vs. Home Depot: Which Consumer Stock Is a Better Buy in 2026?
• Positive Sentiment: Recent coverage describes Home Depot as a momentum and long-term stock candidate, citing improving growth in recent quarters and the company’s leadership in home improvement. That constructive framing likely supported buying interest. Should You Buy Home Depot Stock Before Nov. 17?
• Neutral Sentiment: Home Depot has become a heavily watched stock on Zacks, prompting renewed discussion of its earnings outlook, valuation, and investment style scores. The attention may increase trading activity but does not represent a fundamental change by itself. Here is What to Know Beyond Why The Home Depot, Inc. (HD) is a Trending Stock
• Neutral Sentiment: Investors are looking ahead to Home Depot’s third-quarter earnings report, scheduled for next month. Expectations for continued improvement have increased, but the report remains an important catalyst for validating the recent optimism. Should You Buy Home Depot Stock Before Nov. 17?
• Negative Sentiment: Commentary notes that housing-market activity remains constrained and that Home Depot trades at a valuation requiring investors to believe in successful strategic execution. These factors could limit upside if consumer demand or renovation spending remains weak. What Changed In Home Depot’s Story?

Home Depot Company Profile

The Home Depot, Inc is a home improvement retailer serving do-it-yourself customers, professional contractors, and other building and maintenance professionals. The company sells a broad selection of building materials, hardware, tools, appliances, paint, plumbing and electrical supplies, flooring, lighting, lawn and garden products, and home décor.

In addition to merchandise, Home Depot offers services such as product delivery, tool and equipment rental, credit services, and installation for selected products.