Revisor Wealth Management LLC grew its position in The Home Depot, Inc. (NYSE:HD – Free Report) by 178.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,630 shares of the home improvement retailer’s stock after buying an additional 2,327 shares during the quarter. Revisor Wealth Management LLC’s holdings in Home Depot were worth $1,092,000 at the end of the most recent quarter.
Several other institutional investors have also made changes to their positions in HD. BlackRock Inc. purchased a new stake in shares of Home Depot in the 2nd quarter valued at approximately $28,771,247,000. Bank of America Corp DE purchased a new position in Home Depot during the 2nd quarter worth approximately $5,780,468,000. Bank of New York Mellon Corp purchased a new position in Home Depot during the 2nd quarter worth approximately $2,777,396,000. Corient Private Wealth LP purchased a new position in Home Depot during the 2nd quarter worth approximately $390,913,000. Finally, Legal & General Group Plc acquired a new stake in Home Depot during the 2nd quarter valued at $1,953,883,000. 70.86% of the stock is owned by hedge funds and other institutional investors.
Home Depot Stock Up 1.7%
HD opened at $315.04 on Wednesday. The firm has a market cap of $314.31 billion, a P/E ratio of 22.05, a price-to-earnings-growth ratio of 2.20 and a beta of 1.00. The company has a debt-to-equity ratio of 2.64, a quick ratio of 0.31 and a current ratio of 1.08. The business has a 50 day moving average price of $310.94 and a 200 day moving average price of $323.93. The Home Depot, Inc. has a twelve month low of $277.15 and a twelve month high of $397.63.
Home Depot (NYSE:HD – Get Free Report) last announced its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 EPS for the quarter, beating 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 company had revenue of $47.86 billion for the quarter, compared to the consensus estimate of $47.24 billion. During the same quarter last year, the company posted $4.68 earnings per share. The company’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 forecast that The Home Depot, Inc. will post 15.01 EPS for the current year.
Home Depot Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Investors of record on Thursday, September 3rd were issued a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend was Thursday, September 3rd. Home Depot’s dividend payout ratio is currently 65.22%.
Insider Activity
In related news, CFO Richard McPhail sold 5,989 shares of the firm’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $348.40, for a total value of $2,086,567.60. Following the transaction, the chief financial officer directly owned 48,104 shares in the company, valued at approximately $16,759,433.60. This trade represents a 11.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Teresa Roseborough sold 2,455 shares of the firm’s stock in a transaction on Friday, August 28th. The shares were sold at an average price of $328.77, for a total transaction of $807,130.35. Following the completion of the transaction, the executive vice president owned 14,061 shares in the company, valued at $4,622,834.97. The trade was a 14.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 9,829 shares of company stock valued at $3,339,314 in the last quarter. 0.08% of the stock is currently owned by corporate insiders.
Home Depot News Roundup
Here are the key news stories impacting Home Depot this week:
- Positive Sentiment: Home Depot is strengthening its position with professional contractors through strategic acquisitions, an expanded logistics network, and a greater emphasis on trade customers. Analysts and financial commentators view this strategy as a potential long-term growth driver. Alibaba vs. Home Depot: Which Consumer Stock Is a Better Buy in 2026?
- Positive Sentiment: Recent coverage describes Home Depot as a momentum and long-term stock candidate, citing improving growth in recent quarters and the company’s leadership in home improvement. That constructive framing likely supported buying interest. Should You Buy Home Depot Stock Before Nov. 17?
- Neutral Sentiment: Home Depot has become a heavily watched stock on Zacks, prompting renewed discussion of its earnings outlook, valuation, and investment style scores. The attention may increase trading activity but does not represent a fundamental change by itself. Here is What to Know Beyond Why The Home Depot, Inc. (HD) is a Trending Stock
- Neutral Sentiment: Investors are looking ahead to Home Depot’s third-quarter earnings report, scheduled for next month. Expectations for continued improvement have increased, but the report remains an important catalyst for validating the recent optimism. Should You Buy Home Depot Stock Before Nov. 17?
- Negative Sentiment: Commentary notes that housing-market activity remains constrained and that Home Depot trades at a valuation requiring investors to believe in successful strategic execution. These factors could limit upside if consumer demand or renovation spending remains weak. What Changed In Home Depot’s Story?
Wall Street Analyst Weigh In
Several research analysts recently weighed in on HD shares. Melius Research set a $397.00 price target on Home Depot in a research report on Tuesday, October 6th. Wells Fargo & Company raised their price target on Home Depot from $360.00 to $400.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 11th. Wolfe Research downgraded Home Depot from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, June 23rd. TD Cowen reiterated a “buy” rating on shares of Home Depot in a report on Monday, August 10th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Home Depot in a research note on Friday, October 2nd. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $375.93.
View Our Latest Report on Home Depot
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.
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