Tennessee Valley Asset Management Partners Purchases 2,018 Shares of The Home Depot, Inc. $HD

Tennessee Valley Asset Management Partners boosted its position in The Home Depot, Inc. (NYSE:HD) by 147.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,385 shares of the home improvement retailer’s stock after acquiring an additional 2,018 shares during the quarter. Tennessee Valley Asset Management Partners’ holdings in Home Depot were worth $1,372,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. SageView Advisory Group LLC boosted its holdings in shares of Home Depot by 20.4% in the 3rd quarter. SageView Advisory Group LLC now owns 25,715 shares of the home improvement retailer’s stock valued at $10,420,000 after purchasing an additional 4,359 shares in the last quarter. Beese Fulmer Investment Management Inc. lifted its position in shares of Home Depot by 0.3% during the 3rd quarter. Beese Fulmer Investment Management Inc. now owns 32,009 shares of the home improvement retailer’s stock worth $12,970,000 after buying an additional 88 shares during the last quarter. Nemes Rush Group LLC boosted its stake in Home Depot by 0.8% in the third quarter. Nemes Rush Group LLC now owns 58,022 shares of the home improvement retailer’s stock valued at $23,510,000 after buying an additional 439 shares in the last quarter. Financial Life Planners bought a new position in Home Depot in the third quarter valued at about $104,000. Finally, Mackenzie Financial Corp grew its position in Home Depot by 4.4% in the third quarter. Mackenzie Financial Corp now owns 954,984 shares of the home improvement retailer’s stock valued at $386,950,000 after acquiring an additional 40,529 shares during the last quarter. 70.86% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on HD. Oppenheimer dropped their target price on shares of Home Depot from $420.00 to $405.00 and set a “market perform” rating for the company in a report on Friday, December 5th. Zacks Research upgraded shares of Home Depot from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. Evercore cut their target price on shares of Home Depot from $450.00 to $425.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 19th. BNP Paribas Exane raised their price objective on Home Depot from $355.00 to $391.00 in a report on Wednesday, February 25th. Finally, Piper Sandler dropped their target price on Home Depot from $441.00 to $422.00 and set an “overweight” rating for the company in a research report on Monday, February 23rd. Twenty research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $416.00.

Insider Activity

In other news, EVP Angie Brown sold 1,946 shares of the stock in a transaction on Friday, December 12th. The shares were 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 in the company, valued at $1,409,419.83. This represents a 33.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of the company’s stock in a transaction 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 sale, the executive vice president directly owned 13,196 shares in the company, valued at $4,599,069.92. This trade represents a 17.87% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 7,368 shares of company stock valued at $2,637,567. 0.10% of the stock is currently owned by insiders.

Home Depot Stock Performance

NYSE HD opened at $350.90 on Thursday. The company has a market capitalization of $349.32 billion, a price-to-earnings ratio of 24.66, a PEG ratio of 12.84 and a beta of 1.09. The company has a quick ratio of 0.26, a current ratio of 1.06 and a debt-to-equity ratio of 3.62. The Home Depot, Inc. has a twelve month low of $326.31 and a twelve month high of $426.75. The stock has a fifty day simple moving average of $374.05 and a 200 day simple moving average of $377.56.

Home Depot (NYSE:HD) last announced its earnings results 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 return on equity of 134.32% and a net margin of 8.60%.The firm had revenue of $38.20 billion for the quarter, compared to the consensus estimate of $38.01 billion. During the same period in the previous year, the business earned $3.13 EPS. The business’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. Sell-side analysts expect that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders 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 yield of 2.7%. The ex-dividend date is Thursday, March 12th. This is a positive change from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s dividend payout ratio (DPR) is 64.65%.

Key Stories Impacting Home Depot

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

• Positive Sentiment: Home Depot launched a real‑time delivery tracker for Pro customers — a service enhancement that can improve the Pro experience, reduce operational friction, and support higher same‑store spending from the high‑margin professional segment. Home Depot launches game-changing feature for certain customers
• Positive Sentiment: The Home Depot Foundation expanded its Path to Pro grants (initial $1M) to fund upgrades at trade schools and training organizations — a strategic move to shore up the skilled‑labor pipeline that underpins long‑term pro demand for tools, materials and services. This is a longer‑term positive for pro sales. The Home Depot Foundation Helps Revitalize “Shop Class” with Nationwide Grants
• Neutral Sentiment: A Benzinga analysis showing long‑term returns for HD highlights the stock’s historical total return to shareholders — useful context for buy‑and‑hold investors but less material to near‑term price moves. Here’s How Much You Would Have Made Owning Home Depot Stock in the Last 15 Years
• Neutral Sentiment: Coverage pieces comparing Home Depot vs. peers (e.g., Costco) provide strategic valuation and positioning context but are not direct catalysts. Best Stock to Buy and Hold Forever: Costco vs Home Depot
• Negative Sentiment: Zacks Research issued a string of downward revisions to Home Depot’s quarterly and full‑year EPS estimates (multiple Q1–Q4 and FY2027–FY2028 cuts) and carries a “Hold” rating — these cuts reduce near‑term earnings expectations and likely weigh on the share price. Zacks Research lowers multiple Home Depot EPS estimates
• Negative Sentiment: Coverage noting that a former CEO publicly backed a political energy plan drew headlines and correlated with a slide in the stock — political associations and headline risk can trigger short‑term volatility among retail investors. Home Depot Stock Slides as Former CEO Backs Trump Energy Plan
• Neutral Sentiment: Regulatory filing shows Sen. Sheldon Whitehouse sold a small amount (~$5K) of HD shares — a disclosure item but immaterial in size and unlikely to be a market-moving signal. Recent Filing Shows That Sen. Sheldon Whitehouse Sold Over $5K Worth of Home Depot 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.