The Home Depot, Inc. $HD Shares Sold by OLD National Bancorp IN

OLD National Bancorp IN lessened its stake in shares of The Home Depot, Inc. (NYSE:HD) by 7.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 24,532 shares of the home improvement retailer’s stock after selling 1,908 shares during the quarter. OLD National Bancorp IN’s holdings in Home Depot were worth $8,441,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Parvin Asset Management LLC lifted its position in shares of Home Depot by 110.0% during the 3rd quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock valued at $26,000 after acquiring an additional 33 shares during the last quarter. Financially Speaking Inc acquired a new stake in shares of Home Depot during the 3rd quarter valued at $31,000. Key Capital Management INC acquired a new stake in shares of Home Depot during the 4th quarter valued at $28,000. Imprint Wealth LLC acquired a new stake in shares of Home Depot during the 3rd quarter valued at $34,000. Finally, AXS Investments LLC acquired a new stake in shares of Home Depot during the 3rd quarter valued at $38,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Home Depot Stock Performance

Shares of NYSE HD opened at $340.15 on Friday. The business’s 50-day moving average price is $348.82 and its two-hundred day moving average price is $361.19. The company has a debt-to-equity ratio of 3.62, a current ratio of 1.06 and a quick ratio of 0.26. The Home Depot, Inc. has a one year low of $315.31 and a one year high of $426.75. The company has a market capitalization of $338.80 billion, a P/E ratio of 23.90, a price-to-earnings-growth ratio of 3.71 and a beta of 1.09.

Home Depot (NYSE:HD) last issued its earnings results 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. 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 quarter in the previous year, the company posted $3.13 earnings per share. 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. Analysts anticipate that The Home Depot, Inc. will post 15.03 earnings per share for the current fiscal year.

Home Depot Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th were given a dividend of $2.33 per share. The ex-dividend date of this dividend was Thursday, March 12th. This is a positive change from Home Depot’s previous quarterly dividend of $2.30. This represents a $9.32 annualized dividend and a yield of 2.7%. Home Depot’s dividend payout ratio (DPR) is currently 65.50%.

Analysts Set New Price Targets

HD has been the topic of several recent analyst reports. Robert W. Baird boosted their target price on shares of Home Depot from $400.00 to $430.00 and gave the company an “outperform” rating in a research note on Tuesday, February 17th. BNP Paribas Exane cut their target price on shares of Home Depot from $391.00 to $348.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 24th. UBS Group reissued an “outperform” rating on shares of Home Depot in a research note on Tuesday, March 24th. Sanford C. Bernstein boosted their target price on shares of Home Depot from $381.00 to $390.00 and gave the company a “market perform” rating in a research note on Wednesday, February 25th. Finally, Citigroup boosted their target price on shares of Home Depot from $407.00 to $450.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Twenty equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $414.17.

Insider Buying and Selling

In other Home Depot news, CFO Richard V. Mcphail sold 2,550 shares of the stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $368.89, for a total transaction of $940,669.50. Following the transaction, the chief financial officer directly owned 44,566 shares of the company’s stock, valued at $16,439,951.74. This represents a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.08% of the stock is owned by insiders.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: Wolfe Research reiterated an Outperform rating and a $414 price target following comments from HD’s CFO, bolstering analyst confidence and providing a tangible upside anchor for the stock. Wolfe Research Bullish on The Home Depot
• Positive Sentiment: Home Depot rolled out AI-powered phone agents built on Google Cloud’s Gemini, claiming 4x faster customer support—an execution win that should improve customer experience and could lower service costs over time. Home Depot Delivers Customer Support Four Times Faster
• Positive Sentiment: Coverage highlights HD’s investment in tech and infrastructure to reduce customer friction (delivery/membership dynamics), supporting long-term competitiveness versus e-commerce peers. Home Depot adds tech and infrastructure to fix customer friction
• Neutral Sentiment: Comparisons with Williams?Sonoma frame differing growth paths (HD’s scale and Pro channel vs WSM’s premium, digital-first model); useful strategic context but not an immediate stock mover. Home Depot vs Williams-Sonoma
• Neutral Sentiment: Valuation/positioning pieces debate whether HD’s current price reflects fair value given recent consumer-spending worries; helpful for longer-term investors assessing entry points. Is It Too Late To Consider Home Depot (HD)?
• Negative Sentiment: Analysts expect HD’s upcoming fiscal Q1 to show a single?digit profit decline, which creates short-term earnings risk and can pressure the stock around the report. Home Depot’s Quarterly Earnings Preview
• Negative Sentiment: SEC filings show executives sold nearly $30M of HD stock over the past year; while insider selling can be routine, it may raise questions for some investors about near-term confidence. Insiders Are Selling Home Depot Stock
• Negative Sentiment: Coverage noting a recent slip as HD refines its Pro-builder strategy signals execution risk in a key growth segment—this can weigh on near-term sentiment. “Win the Pro”: Home Depot Stock Slips
• Negative Sentiment: Recent coverage flagged a sharper short-term decline versus the broader market on April 21, reflecting volatility that could continue if macro or discretionary-spending data disappoint. Home Depot (HD) Falls More Steeply Than Broader Market

Home Depot 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.