The Home Depot, Inc. $HD Shares Acquired by NorthCrest Asset Manangement LLC

NorthCrest Asset Manangement LLC boosted its holdings in The Home Depot, Inc. (NYSE:HD) by 3.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 104,110 shares of the home improvement retailer’s stock after purchasing an additional 3,110 shares during the period. Home Depot comprises 0.8% of NorthCrest Asset Manangement LLC’s portfolio, making the stock its 25th largest position. NorthCrest Asset Manangement LLC’s holdings in Home Depot were worth $35,823,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of HD. Brighton Jones LLC grew its position in shares of Home Depot by 36.5% during the fourth quarter. Brighton Jones LLC now owns 26,918 shares of the home improvement retailer’s stock worth $10,471,000 after buying an additional 7,203 shares in the last quarter. Sivia Capital Partners LLC increased its stake in shares of Home Depot by 7.1% in the second quarter. Sivia Capital Partners LLC now owns 2,598 shares of the home improvement retailer’s stock worth $952,000 after buying an additional 173 shares during the last quarter. Schnieders Capital Management LLC. raised its holdings in Home Depot by 14.1% in the second quarter. Schnieders Capital Management LLC. now owns 11,587 shares of the home improvement retailer’s stock valued at $4,248,000 after acquiring an additional 1,433 shares in the last quarter. Global Retirement Partners LLC acquired a new stake in Home Depot in the second quarter valued at $16,963,000. Finally, Intellus Advisors LLC boosted its stake in Home Depot by 8.6% during the 2nd quarter. Intellus Advisors LLC now owns 2,153 shares of the home improvement retailer’s stock valued at $789,000 after acquiring an additional 171 shares during the last quarter. Institutional investors and hedge funds own 70.86% of the company’s stock.

Home Depot Stock Up 3.1%

Shares of NYSE:HD opened at $330.79 on Tuesday. The company’s fifty day moving average is $370.68 and its two-hundred day moving average is $373.18. The company has a debt-to-equity ratio of 3.62, a quick ratio of 0.26 and a current ratio of 1.06. The Home Depot, Inc. has a 1-year low of $320.26 and a 1-year high of $426.75. The stock has a market capitalization of $329.47 billion, a price-to-earnings ratio of 23.25, a price-to-earnings-growth ratio of 3.50 and a beta of 1.09.

Home Depot (NYSE:HD) last posted its quarterly earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, beating the consensus estimate of $2.52 by $0.20. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The business had revenue of $38.20 billion during the quarter, compared to analyst estimates of $38.01 billion. During the same period in the previous year, the business posted $3.13 EPS. The company’s quarterly revenue was down 3.8% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Equities analysts anticipate that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th will be paid a $2.33 dividend. The ex-dividend date is Thursday, March 12th. This is an increase from Home Depot’s previous quarterly dividend of $2.30. This represents a $9.32 dividend on an annualized basis and a yield of 2.8%. Home Depot’s payout ratio is presently 65.50%.

Analysts Set New Price Targets

Several research analysts have weighed in on HD shares. Oppenheimer decreased their price objective 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. Stifel Nicolaus reduced their price target on shares of Home Depot from $370.00 to $350.00 and set a “hold” rating on the stock in a research report on Monday, December 1st. Robert W. Baird lifted their price target on Home Depot from $400.00 to $430.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 17th. Morgan Stanley boosted their price objective on Home Depot from $412.00 to $420.00 and gave the company an “overweight” rating in a report on Wednesday, February 25th. Finally, Truist Financial set a $424.00 price objective on Home Depot in a research note on Tuesday, February 24th. Twenty equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $416.00.

Insider Activity at Home Depot

In other news, EVP Teresa Wynn Roseborough sold 2,872 shares of the company’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 transaction, the executive vice president directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Richard V. Mcphail sold 2,550 shares of the stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $368.89, for a total value of $940,669.50. Following the sale, the chief financial officer owned 44,566 shares in the company, valued at $16,439,951.74. The trade was a 5.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.10% of the stock is currently owned by corporate insiders.

Trending Headlines about Home Depot

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

• Positive Sentiment: Home Depot added AI-driven planning and smart project tools to its Pro platform, a direct push to win and retain professional contractor customers and improve margins for that higher-frequency segment. HD Expands Pro Platform
• Positive Sentiment: Coverage highlighting Home Depot’s milestone of $1 billion in charitable giving reinforces brand strength and community goodwill, which can support consumer preference and investor sentiment. $1 Billion Giving Milestone
• Positive Sentiment: Industry consolidation pressure: closures at independent rivals (True Value/Ace franchise stores) underscore Home Depot’s scale advantage and pricing/assortment edge in the home-improvement market. Rival Store Closure
• Neutral Sentiment: Multiple retail-investing roundup pieces compare Home Depot to other blue chips (e.g., McDonald’s), which can amplify trading volume but are not new company developments. Home Depot vs McDonald’s (AOL)
• Neutral Sentiment: Broader market moves and headlines (political comments, big-name investors buying/selling other names) are moving indices and risk appetite, which can lift or pressure cyclical retailers like HD. Market Coverage
• Negative Sentiment: Analyst and retail commentary note Home Depot is roughly 25% below its prior peak, a reminder of recent sell-off that pressurizes multiples even as dividend yield increases; this valuation reset is the primary reason value-focused articles are promoting HD as a buy. Dividend Stocks Down

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.