TD Asset Management Inc Has $561.53 Million Stock Holdings in The Home Depot, Inc. $HD

TD Asset Management Inc raised its position in The Home Depot, Inc. (NYSE:HD) by 18.7% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,385,853 shares of the home improvement retailer’s stock after acquiring an additional 218,558 shares during the period. TD Asset Management Inc owned about 0.14% of Home Depot worth $561,534,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Silphium Asset Management Ltd lifted its holdings in shares of Home Depot by 77.2% during the 3rd quarter. Silphium Asset Management Ltd now owns 13,544 shares of the home improvement retailer’s stock worth $5,488,000 after acquiring an additional 5,900 shares during the period. West Family Investments Inc. increased its stake in Home Depot by 65.6% in the second quarter. West Family Investments Inc. now owns 3,630 shares of the home improvement retailer’s stock valued at $1,331,000 after acquiring an additional 1,438 shares during the period. Truist Financial Corp raised its position in Home Depot by 0.3% in the third quarter. Truist Financial Corp now owns 1,095,113 shares of the home improvement retailer’s stock worth $443,729,000 after purchasing an additional 3,608 shares in the last quarter. Asset Management One Co. Ltd. lifted its stake in Home Depot by 2.3% during the third quarter. Asset Management One Co. Ltd. now owns 534,564 shares of the home improvement retailer’s stock worth $216,600,000 after purchasing an additional 12,239 shares during the period. Finally, Atlantic Union Bankshares Corp boosted its holdings in Home Depot by 59.9% during the third quarter. Atlantic Union Bankshares Corp now owns 107,438 shares of the home improvement retailer’s stock valued at $43,533,000 after purchasing an additional 40,232 shares in the last quarter. Institutional investors own 70.86% of the company’s stock.

Analyst Upgrades and Downgrades

HD has been the subject of a number of recent research reports. Wolfe Research dropped their target price on Home Depot from $415.00 to $414.00 and set an “outperform” rating for the company in a report on Wednesday, February 4th. Citigroup upped their price target on Home Depot from $407.00 to $450.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. TD Cowen increased their price objective on Home Depot from $410.00 to $450.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. JPMorgan Chase & Co. reduced their target price on shares of Home Depot from $444.00 to $423.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 19th. Finally, UBS Group set a $430.00 target price on shares of Home Depot in a research report on Wednesday, December 10th. Twenty-one investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $411.37.

Home Depot Stock Performance

Shares of NYSE:HD opened at $384.66 on Wednesday. The business has a fifty day moving average of $370.27 and a 200-day moving average of $380.12. The firm has a market cap of $382.93 billion, a PE ratio of 26.22, a price-to-earnings-growth ratio of 13.49 and a beta of 1.08. The company has a debt-to-equity ratio of 3.82, a quick ratio of 0.29 and a current ratio of 1.05. The Home Depot, Inc. has a twelve month low of $326.31 and a twelve month high of $426.75.

Home Depot (NYSE:HD) last posted its quarterly earnings data on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.52 by $0.20. Home Depot had a net margin of 8.77% and a return on equity of 160.74%. The firm had revenue of $38.20 billion during the quarter, compared to analysts’ expectations of $38.01 billion. During the same quarter last year, the company posted $3.13 EPS. The company’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. On average, equities research analysts predict that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.

Home Depot Increases Dividend

The company also recently disclosed 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. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $9.32 annualized dividend and a yield of 2.4%. This is a positive change from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s dividend payout ratio (DPR) is currently 62.71%.

Insider Buying and Selling at Home Depot

In other news, EVP Ann Marie Campbell sold 145 shares of the business’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $358.26, for a total transaction of $51,947.70. Following the completion of the sale, the executive vice president owned 12,320 shares in the company, valued at $4,413,763.20. The trade was a 1.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Angie Brown sold 1,946 shares of the firm’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $357.63, for a total value of $695,947.98. Following the completion of the transaction, the executive vice president owned 3,941 shares in the company, valued at approximately $1,409,419.83. This represents a 33.06% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 4,963 shares of company stock worth $1,748,845. Insiders own 0.10% of the company’s stock.

Home Depot News Summary

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

• Positive Sentiment: Q4 earnings beat — Home Depot exceeded EPS and revenue estimates, helped by stronger comps and margin gains versus expectations. This is the primary reason shares moved up after the print. Home Depot beats Wall Street’s expectations, even as sales decline
• Positive Sentiment: Dividend raised — HD increased its quarterly dividend to $2.33 (1.3% rise), supporting income-focused investor demand and reinforcing the buy-and-hold case. PR Newswire: The Home Depot Announces Fourth Quarter and Fiscal 2025 Results
• Positive Sentiment: Analyst support — Some firms raised targets and maintained buy ratings (DA Davidson raised its target; Bank of America / J.P. Morgan commentary highlighted pro-customer momentum), which can sustain upside momentum. Home Depot: Strong Q4 Performance and Pro-Customer Momentum Support Buy Rating
• Neutral Sentiment: Guidance mixed — HD reaffirmed FY2026 EPS range (14.230–14.799), with midpoints slightly below some street expectations; this limits conviction for an aggressive re-rate until guidance is digested. Home Depot press release / guidance
• Neutral Sentiment: Institutional accumulation & income narrative — Coverage notes increasing institutional accumulation and dividend-investor interest, which can dampen volatility over time but is a longer-term tailwind. Home Depot Accumulation Is Underway—Why Dividend Investors Are Watching
• Negative Sentiment: Customer caution & housing headwinds — CEO Ted Decker warned customers are “not investing” due to affordability and job concerns, underscoring the risk that big-ticket projects remain muted. Home Depot CEO flags a disconcerting lack of faith in the American economy
• Negative Sentiment: Sales decline & margin pressure — Revenue fell 3.8% YoY and adjusted EPS declined vs. last year; some analysts/notes argue HD’s premium valuation is questionable given the mixed results. Home Depot: Premium Valuation Questionable After Mixed Q4
• Negative Sentiment: “Don’t buy today” take — High-profile commentators (e.g., Cramer) acknowledge long-term upside but advise patience, which can cap near-term retail buying. Cramer: Home Depot can make you ‘lot of money,’ but don’t buy it today

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.