Interchange Capital Partners LLC Has $2.44 Million Stake in The Home Depot, Inc. $HD

Interchange Capital Partners LLC decreased its holdings in The Home Depot, Inc. (NYSE:HD) by 21.8% in the third quarter, HoldingsChannel reports. The institutional investor owned 6,010 shares of the home improvement retailer’s stock after selling 1,680 shares during the period. Interchange Capital Partners LLC’s holdings in Home Depot were worth $2,435,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Centerpoint Advisory Group raised its position in Home Depot by 0.8% in the second quarter. Centerpoint Advisory Group now owns 3,163 shares of the home improvement retailer’s stock worth $1,160,000 after purchasing an additional 26 shares in the last quarter. Disciplined Investors L.L.C. boosted its holdings in Home Depot by 2.3% during the second quarter. Disciplined Investors L.L.C. now owns 1,178 shares of the home improvement retailer’s stock valued at $432,000 after purchasing an additional 26 shares in the last quarter. Brio Consultants LLC grew its stake in shares of Home Depot by 4.7% in the 2nd quarter. Brio Consultants LLC now owns 574 shares of the home improvement retailer’s stock valued at $210,000 after purchasing an additional 26 shares during the period. Emprise Bank raised its holdings in shares of Home Depot by 0.8% in the 3rd quarter. Emprise Bank now owns 3,135 shares of the home improvement retailer’s stock worth $1,270,000 after buying an additional 26 shares in the last quarter. Finally, Stegent Equity Advisors Inc. raised its holdings in shares of Home Depot by 2.7% in the 3rd 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 in the last quarter. 70.86% of the stock is owned by institutional investors.

Home Depot Stock Down 2.3%

Shares of NYSE:HD opened at $375.45 on Thursday. The company has a quick ratio of 0.29, a current ratio of 1.06 and a debt-to-equity ratio of 3.62. The firm has a market cap of $373.77 billion, a P/E ratio of 26.38, a P/E/G ratio of 13.83 and a beta of 1.08. The Home Depot, Inc. has a 12 month low of $326.31 and a 12 month high of $426.75. The company’s 50-day moving average price is $370.65 and its two-hundred day moving average price is $380.09.

Home Depot (NYSE:HD) last posted its quarterly earnings data on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.52 by $0.20. The firm had revenue of $38.20 billion for the quarter, compared to the consensus estimate of $38.01 billion. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.The business’s revenue for the quarter was down 3.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. As a group, research analysts forecast that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.

Home Depot Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be paid a $2.33 dividend. This is a boost from Home Depot’s previous quarterly dividend of $2.30. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $9.32 annualized dividend and a dividend yield of 2.5%. Home Depot’s payout ratio is 62.71%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on HD shares. Morgan Stanley increased their price objective on Home Depot from $412.00 to $420.00 and gave the stock an “overweight” rating in a research note on Wednesday. Robert W. Baird upped their target price on shares of Home Depot from $400.00 to $430.00 and gave the stock an “outperform” rating in a report on Tuesday, February 17th. Gordon Haskett lifted their price target on shares of Home Depot from $330.00 to $370.00 and gave the company a “hold” rating in a report on Wednesday, February 11th. Oppenheimer reduced their price target on shares of Home Depot from $420.00 to $405.00 and set a “market perform” rating on the stock in a research report on Friday, December 5th. Finally, Daiwa Securities Group upped their price objective on shares of Home Depot from $348.00 to $360.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 16th. Twenty equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $414.97.

Home Depot News Roundup

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

• Positive Sentiment: Multiple analyst upgrades and price-target raises lift the outlook for HD — several firms raised targets this week (UBS, Morgan Stanley, Guggenheim, Telsey, Wells Fargo, DA Davidson and others), signaling buy-side confidence after HD’s Q4 beat. See a sample analyst note. UBS Forecast Guggenheim PT
• Positive Sentiment: Q4 beat and dividend bump — HD topped EPS and revenue estimates, reported improving comp trends and raised the quarterly dividend 1.3%, which supports income-focused holders and signals cash‑flow confidence. (Earnings coverage widely published.)
• Positive Sentiment: Pro (contractor/B2B) strength and margin execution — management highlighted professional customers and margin resilience as offsetting weaker DIY demand, a structural benefit if the Pro mix continues to rise.
• Neutral Sentiment: Institutional accumulation and falling short interest — short interest fell ~15% in February and institutional flows show mixed but overall accumulation, which can reduce downside pressure but also limit sharp rallies in the near term.
• Neutral Sentiment: Analyst divergence on valuation — while many firms raised targets, a few (e.g., Goldman modestly trimmed its target) reflect differing views on recovery timing; consensus price-target range is wide. Example updates collected here. BNP Paribas Exane
• Negative Sentiment: Conservative FY2026 guidance and housing headwinds — management guided to modest sales and EPS growth (flat to low-single-digit comps and modest sales growth), signaling a slow recovery tied to mortgage rates and housing turnover; that cautious outlook is weighing on sentiment. Coverage of the guidance and housing commentary: QuiverQuant on outlook jitters
• Negative Sentiment: Market reaction amplified by peer caution — cautious guidance from Lowe’s and comments about a “frozen” housing market reignited sector fears, prompting profit‑taking despite HD’s beat. Read peer/CEO caution. Fortune: CEO comments
• Negative Sentiment: Sales decline and margin pressure in Q4 — revenue was down year‑over‑year and management noted margin pressures; some analysts and commentators flagged HD’s premium valuation relative to the modest growth outlook. See analysis. Zacks on sales miss

Insider Buying and Selling at Home Depot

In other news, EVP Angie Brown sold 1,946 shares of the company’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $357.63, for a total value of $695,947.98. Following the completion of the sale, the executive vice president directly owned 3,941 shares of the company’s stock, valued at $1,409,419.83. This represents a 33.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of the company’s stock in a transaction that occurred on Friday, December 26th. The shares were 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 directly owned 13,196 shares of the company’s stock, valued at $4,599,069.92. The trade was a 17.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 4,963 shares of company stock valued at $1,748,845. 0.10% of the stock is currently owned by insiders.

About Home Depot

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.