TD Asset Management Inc Has $561.53 Million Stock Holdings in The Home Depot, Inc. $HD

TD Asset Management Inc grew its stake in The Home Depot, Inc. (NYSE:HD) by 18.7% during the third quarter, HoldingsChannel.com reports. The firm owned 1,385,853 shares of the home improvement retailer’s stock after buying an additional 218,558 shares during the period. TD Asset Management Inc’s holdings in Home Depot were worth $561,534,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in HD. Sagard Holdings Management Inc. acquired a new position in Home Depot in the second quarter valued at about $29,000. Financially Speaking Inc acquired a new stake in shares of Home Depot in the 3rd quarter valued at approximately $31,000. LFA Lugano Financial Advisors SA bought a new position in Home Depot during the 2nd quarter worth approximately $32,000. Legacy Investment Solutions LLC acquired a new position in Home Depot during the second quarter valued at approximately $35,000. Finally, Dougherty Wealth Advisers LLC acquired a new position in Home Depot during the third quarter valued at approximately $38,000. 70.86% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently issued reports on HD. Guggenheim decreased their price target on shares of Home Depot from $450.00 to $400.00 and set a “buy” rating for the company in a report on Thursday, November 20th. Wall Street Zen lowered Home Depot from a “hold” rating to a “sell” rating in a research report on Friday, November 28th. KGI Securities lowered shares of Home Depot from an “outperform” rating to a “hold” rating and set a $320.00 price target on the stock. in a research note on Wednesday, November 19th. Wolfe Research reduced their price target on shares of Home Depot from $415.00 to $414.00 and set an “outperform” rating for the company in a report on Wednesday, February 4th. Finally, Daiwa Securities Group raised their price objective on shares of Home Depot from $348.00 to $360.00 and gave the stock a “neutral” rating in a report on Tuesday, December 16th. Twenty-one investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $411.37.

Insider Activity at Home Depot

In other news, EVP Teresa Wynn Roseborough sold 2,872 shares of the business’s stock in a transaction that occurred on Friday, December 26th. The stock was sold at an average price of $348.52, for a total transaction of $1,000,949.44. Following the completion of the sale, the executive vice president owned 13,196 shares in the company, valued at $4,599,069.92. The trade was a 17.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Ann Marie Campbell sold 145 shares of the company’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $358.26, for a total value of $51,947.70. Following the completion of the transaction, the executive vice president directly owned 12,320 shares in the company, valued at $4,413,763.20. The trade was a 1.16% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 4,963 shares of company stock worth $1,748,845. Insiders own 0.10% of the company’s stock.

Home Depot Stock Performance

HD opened at $384.66 on Wednesday. The company has a quick ratio of 0.29, a current ratio of 1.05 and a debt-to-equity ratio of 3.82. The Home Depot, Inc. has a 12-month low of $326.31 and a 12-month high of $426.75. The business has a 50 day moving average of $370.27 and a 200-day moving average of $380.12. The stock has a market cap of $382.93 billion, a price-to-earnings ratio of 26.22, a PEG ratio of 13.49 and a beta of 1.08.

Home Depot (NYSE:HD) last posted its quarterly earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, beating analysts’ consensus estimates of $2.52 by $0.20. Home Depot had a return on equity of 160.74% and a net margin of 8.77%.The business had revenue of $38.20 billion for the quarter, compared to analysts’ expectations of $38.01 billion. During the same quarter in the prior year, the business earned $3.13 EPS. The firm’s revenue for the quarter 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, equities research analysts expect that The Home Depot, Inc. will post 15.13 earnings per share for the current year.

Home Depot Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be issued a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Thursday, March 12th. This is a positive change from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s payout ratio is presently 62.71%.

Key Stories Impacting Home Depot

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

• Positive Sentiment: Q4 earnings beat — Home Depot exceeded EPS and revenue estimates, helped by stronger comps and margin gains versus expectations. This is the primary reason shares moved up after the print. Home Depot beats Wall Street’s expectations, even as sales decline
• Positive Sentiment: Dividend raised — HD increased its quarterly dividend to $2.33 (1.3% rise), supporting income-focused investor demand and reinforcing the buy-and-hold case. PR Newswire: The Home Depot Announces Fourth Quarter and Fiscal 2025 Results
• Positive Sentiment: Analyst support — Some firms raised targets and maintained buy ratings (DA Davidson raised its target; Bank of America / J.P. Morgan commentary highlighted pro-customer momentum), which can sustain upside momentum. Home Depot: Strong Q4 Performance and Pro-Customer Momentum Support Buy Rating
• Neutral Sentiment: Guidance mixed — HD reaffirmed FY2026 EPS range (14.230–14.799), with midpoints slightly below some street expectations; this limits conviction for an aggressive re-rate until guidance is digested. Home Depot press release / guidance
• Neutral Sentiment: Institutional accumulation & income narrative — Coverage notes increasing institutional accumulation and dividend-investor interest, which can dampen volatility over time but is a longer-term tailwind. Home Depot Accumulation Is Underway—Why Dividend Investors Are Watching
• Negative Sentiment: Customer caution & housing headwinds — CEO Ted Decker warned customers are “not investing” due to affordability and job concerns, underscoring the risk that big-ticket projects remain muted. Home Depot CEO flags a disconcerting lack of faith in the American economy
• Negative Sentiment: Sales decline & margin pressure — Revenue fell 3.8% YoY and adjusted EPS declined vs. last year; some analysts/notes argue HD’s premium valuation is questionable given the mixed results. Home Depot: Premium Valuation Questionable After Mixed Q4
• Negative Sentiment: “Don’t buy today” take — High-profile commentators (e.g., Cramer) acknowledge long-term upside but advise patience, which can cap near-term retail buying. Cramer: Home Depot can make you ‘lot of money,’ but don’t buy it today

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.