The Home Depot, Inc. $HD Stock Bought by Peterson Wealth Services

Peterson Wealth Services boosted its stake in shares of The Home Depot, Inc. (NYSE:HD) by 10.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,349 shares of the home improvement retailer’s stock after purchasing an additional 1,762 shares during the period. Home Depot comprises about 1.2% of Peterson Wealth Services’ investment portfolio, making the stock its 24th biggest position. Peterson Wealth Services’ holdings in Home Depot were worth $5,504,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the stock. BlackRock Inc. bought a new position in shares of Home Depot during the 2nd quarter valued at approximately $28,771,247,000. State Street Corp raised its stake in Home Depot by 1.1% during the 2nd quarter. State Street Corp now owns 47,175,026 shares of the home improvement retailer’s stock worth $16,637,688,000 after acquiring an additional 499,168 shares during the period. Bank of America Corp DE bought a new stake in Home Depot during the 2nd quarter worth approximately $5,780,468,000. Bank of New York Mellon Corp bought a new stake in Home Depot during the 2nd quarter worth approximately $2,777,396,000. Finally, Corient Private Wealth LP purchased a new position in Home Depot during the second quarter valued at approximately $390,913,000. Institutional investors own 70.86% of the company’s stock.

Insider Activity at Home Depot

In other Home Depot news, CAO Kimberly R. Scardino sold 675 shares of Home Depot stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $305.95, for a total value of $206,516.25. Following the sale, the chief accounting officer directly owned 8,189 shares in the company, valued at approximately $2,505,424.55. The trade was a 7.62% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Teresa Roseborough sold 2,455 shares of the business’s stock in a transaction on Friday, August 28th. The stock was sold at an average price of $328.77, for a total transaction of $807,130.35. Following the completion of the sale, the executive vice president owned 14,061 shares in the company, valued at approximately $4,622,834.97. The trade was a 14.86% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 9,829 shares of company stock worth $3,339,314 in the last three months. Insiders own 0.08% of the company’s stock.

Home Depot Stock Down 0.0%

Shares of HD opened at $319.71 on Tuesday. The business’s 50 day moving average is $310.03 and its 200 day moving average is $335.88. The company has a market capitalization of $318.97 billion, a PE ratio of 22.37, a price-to-earnings-growth ratio of 2.27 and a beta of 1.00. The Home Depot, Inc. has a 12-month low of $277.15 and a 12-month high of $397.63. The company has a current ratio of 1.08, a quick ratio of 0.31 and a debt-to-equity ratio of 2.64.

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

Home Depot Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd were issued a $2.33 dividend. This represents a $9.32 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Thursday, September 3rd. Home Depot’s payout ratio is 65.22%.

Key Stories Impacting Home Depot

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

• Positive Sentiment: Home Depot attracted approximately $62.1 million of net ETF buying, suggesting continued institutional and passive-investment demand for HD shares. However, ETF flows are a technical signal rather than evidence of improving operating fundamentals. Home Depot Sees $62.1 Million in Net ETF Buying on Thursday
• Positive Sentiment: Dividend-focused coverage emphasizes Home Depot’s 2.84% yield, more than a decade of annual increases, and a 238% payout increase over the past decade. The company’s long-term dividend record may support the stock’s appeal to income-oriented investors. Home Depot Dividend Analysis
• Neutral Sentiment: Home Depot’s digital shelf labels are intended to display delivery timing and assist employees with online-order fulfillment—not to charge different prices to different shoppers. The initiative could improve operational efficiency while limiting concerns about personalized pricing. Home Depot Digital Price Tags
• Neutral Sentiment: Recent market commentary asks whether Home Depot can navigate shifting retail conditions, while another report benchmarks its second-quarter results against home-furnishing and improvement retailers. These articles frame HD’s outlook relative to industry trends rather than announcing a new company-specific catalyst. Can Home Depot Navigate a Shifting Market? Home Improvement Retail Q2 Benchmarking
• Negative Sentiment: Dividend analyses caution that the latest increases have slowed considerably compared with Home Depot’s historical growth. Pressure on housing activity, retail operations, and free cash flow could limit future payout growth and raise questions about how comfortably the dividend can expand. Home Depot Dividend Growth Analysis

Analysts Set New Price Targets

A number of equities analysts have weighed in on HD shares. TD Cowen reiterated a “buy” rating on shares of Home Depot in a research report on Monday, August 10th. Wells Fargo & Company increased their price objective on shares of Home Depot from $360.00 to $400.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 11th. Weiss Ratings restated a “hold (c)” rating on shares of Home Depot in a research report on Friday, October 2nd. Sanford C. Bernstein lowered their target price on shares of Home Depot from $354.00 to $344.00 and set a “market perform” rating on the stock in a research note on Wednesday, September 9th. Finally, Stifel Nicolaus lowered their target price on shares of Home Depot from $346.00 to $322.00 and set a “hold” rating on the stock in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $375.31.

Home Depot 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.