The Home Depot, Inc. $HD Shares Sold by US Bancorp DE

US Bancorp DE lessened its position in The Home Depot, Inc. (NYSE:HD) by 0.1% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,397,221 shares of the home improvement retailer’s stock after selling 1,797 shares during the period. Home Depot makes up 0.7% of US Bancorp DE’s holdings, making the stock its 29th largest position. US Bancorp DE’s holdings in Home Depot were worth $566,142,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of HD. Norges Bank bought a new position in shares of Home Depot during the 2nd quarter valued at about $4,885,603,000. Laurel Wealth Advisors LLC raised its holdings in shares of Home Depot by 36,207.5% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 10,076,783 shares of the home improvement retailer’s stock worth $3,694,552,000 after purchasing an additional 10,049,029 shares in the last quarter. Vanguard Group Inc. lifted its stake in Home Depot by 1.5% during the second quarter. Vanguard Group Inc. now owns 97,978,814 shares of the home improvement retailer’s stock valued at $35,922,952,000 after purchasing an additional 1,494,615 shares during the last quarter. Amundi boosted its holdings in Home Depot by 11.1% during the second quarter. Amundi now owns 7,903,550 shares of the home improvement retailer’s stock worth $2,938,935,000 after buying an additional 790,476 shares in the last quarter. Finally, Voya Investment Management LLC boosted its holdings in Home Depot by 112.3% during the third quarter. Voya Investment Management LLC now owns 1,444,128 shares of the home improvement retailer’s stock worth $585,147,000 after buying an additional 763,739 shares in the last quarter. Institutional investors own 70.86% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on HD. DA Davidson upped their price target on Home Depot from $407.00 to $445.00 and gave the company a “buy” rating in a report on Tuesday. KeyCorp reaffirmed a “sector weight” rating on shares of Home Depot in a research report on Wednesday. Stifel Nicolaus decreased their price target on Home Depot from $370.00 to $350.00 and set a “hold” rating for the company in a research report on Monday, December 1st. Telsey Advisory Group lifted their price target on Home Depot from $410.00 to $435.00 and gave the stock an “outperform” rating in a research note on Wednesday. Finally, Bank of America reduced their price objective on shares of Home Depot from $450.00 to $430.00 and set a “buy” rating for the company in a research note on Wednesday, November 19th. Twenty analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $414.97.

Key Home Depot News

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

Home Depot Trading Down 2.3%

NYSE:HD opened at $375.45 on Thursday. The stock’s 50-day moving average is $370.65 and its two-hundred day moving average is $380.09. The company has a debt-to-equity ratio of 3.62, a current ratio of 1.06 and a quick ratio of 0.29. The stock has a market cap of $373.77 billion, a PE ratio of 26.38, a price-to-earnings-growth ratio of 13.83 and a beta of 1.08. The Home Depot, Inc. has a fifty-two week low of $326.31 and a fifty-two week high of $426.75.

Home Depot (NYSE:HD) last announced its quarterly earnings data on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, beating analysts’ consensus estimates 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 net margin of 8.60% and a return on equity of 134.32%. The firm’s revenue was down 3.8% on a year-over-year basis. During the same period in the previous year, the firm posted $3.13 earnings per share. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. As a group, equities research analysts forecast that The Home Depot, Inc. will post 15.13 earnings per share for the current fiscal year.

Home Depot Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be given a dividend of $2.33 per share. 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. This represents a $9.32 dividend on an annualized basis and a yield of 2.5%. Home Depot’s payout ratio is 62.71%.

Insiders Place Their Bets

In other news, EVP Angie Brown sold 1,946 shares of the firm’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $357.63, for a total transaction 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 trade represents a 33.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of Home Depot stock in a transaction dated Friday, December 26th. The shares were sold at an average price of $348.52, for a total value of $1,000,949.44. Following the sale, the executive vice president owned 13,196 shares of the company’s stock, valued at approximately $4,599,069.92. This represents a 17.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 4,963 shares of company stock valued at $1,748,845 in the last three months. Insiders own 0.10% of the company’s stock.

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.