Interchange Capital Partners LLC Has $2.44 Million Stock Position in The Home Depot, Inc. $HD

Interchange Capital Partners LLC cut its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 21.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,010 shares of the home improvement retailer’s stock after selling 1,680 shares during the quarter. Interchange Capital Partners LLC’s holdings in Home Depot were worth $2,435,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Dogwood Wealth Management LLC grew its position in Home Depot by 2.2% during the third quarter. Dogwood Wealth Management LLC now owns 2,376 shares of the home improvement retailer’s stock valued at $963,000 after purchasing an additional 52 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in Home Depot by 4.5% in the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 2,107,666 shares of the home improvement retailer’s stock worth $854,005,000 after buying an additional 89,921 shares in the last quarter. Clarion Wealth Managment Partners LLC boosted its stake in shares of Home Depot by 3.0% during the 3rd quarter. Clarion Wealth Managment Partners LLC now owns 5,304 shares of the home improvement retailer’s stock valued at $2,149,000 after buying an additional 155 shares during the period. Invenio Wealth Partners LLC boosted its stake in shares of Home Depot by 4.9% during the 3rd quarter. Invenio Wealth Partners LLC now owns 2,208 shares of the home improvement retailer’s stock valued at $895,000 after buying an additional 103 shares during the period. Finally, Total Clarity Wealth Management Inc. grew its holdings in shares of Home Depot by 4.4% during the 3rd quarter. Total Clarity Wealth Management Inc. now owns 2,060 shares of the home improvement retailer’s stock valued at $835,000 after acquiring an additional 86 shares in the last quarter. Hedge funds and other institutional investors own 70.86% of the company’s stock.

More Home Depot News

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

• Positive Sentiment: Multiple analyst upgrades and price-target raises lift the outlook for HD — several firms raised targets this week (UBS, Morgan Stanley, Guggenheim, Telsey, Wells Fargo, DA Davidson and others), signaling buy-side confidence after HD’s Q4 beat. See a sample analyst note. UBS Forecast Guggenheim PT
• Positive Sentiment: Q4 beat and dividend bump — HD topped EPS and revenue estimates, reported improving comp trends and raised the quarterly dividend 1.3%, which supports income-focused holders and signals cash‑flow confidence. (Earnings coverage widely published.)
• Positive Sentiment: Pro (contractor/B2B) strength and margin execution — management highlighted professional customers and margin resilience as offsetting weaker DIY demand, a structural benefit if the Pro mix continues to rise.
• Neutral Sentiment: Institutional accumulation and falling short interest — short interest fell ~15% in February and institutional flows show mixed but overall accumulation, which can reduce downside pressure but also limit sharp rallies in the near term.
• Neutral Sentiment: Analyst divergence on valuation — while many firms raised targets, a few (e.g., Goldman modestly trimmed its target) reflect differing views on recovery timing; consensus price-target range is wide. Example updates collected here. BNP Paribas Exane
• Negative Sentiment: Conservative FY2026 guidance and housing headwinds — management guided to modest sales and EPS growth (flat to low-single-digit comps and modest sales growth), signaling a slow recovery tied to mortgage rates and housing turnover; that cautious outlook is weighing on sentiment. Coverage of the guidance and housing commentary: QuiverQuant on outlook jitters
• Negative Sentiment: Market reaction amplified by peer caution — cautious guidance from Lowe’s and comments about a “frozen” housing market reignited sector fears, prompting profit‑taking despite HD’s beat. Read peer/CEO caution. Fortune: CEO comments
• Negative Sentiment: Sales decline and margin pressure in Q4 — revenue was down year‑over‑year and management noted margin pressures; some analysts and commentators flagged HD’s premium valuation relative to the modest growth outlook. See analysis. Zacks on sales miss

Home Depot Stock Performance

HD opened at $375.45 on Thursday. The company has a debt-to-equity ratio of 3.62, a quick ratio of 0.29 and a current ratio of 1.06. The company has a market cap of $373.77 billion, a PE ratio of 26.38, a price-to-earnings-growth ratio of 13.83 and a beta of 1.08. The stock has a 50-day moving average of $370.65 and a 200-day moving average of $380.09. The Home Depot, Inc. has a 52-week low of $326.31 and a 52-week high of $426.75.

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

Home Depot Increases Dividend

The company also recently declared 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. This represents a $9.32 dividend on an annualized basis and a yield of 2.5%. This is a positive change from Home Depot’s previous quarterly dividend of $2.30. The ex-dividend date is Thursday, March 12th. Home Depot’s dividend payout ratio is currently 62.71%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on HD shares. Wolfe Research increased their price objective on Home Depot from $413.00 to $414.00 and gave the stock an “outperform” rating in a report on Wednesday. Citigroup boosted their target price on Home Depot from $407.00 to $450.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Telsey Advisory Group raised their price target on Home Depot from $410.00 to $435.00 and gave the stock an “outperform” rating in a research note on Wednesday. Morgan Stanley lifted their price target on Home Depot from $412.00 to $420.00 and gave the company an “overweight” rating in a report on Wednesday. Finally, Royal Bank Of Canada increased their price objective on Home Depot from $363.00 to $377.00 and gave the stock a “sector perform” rating in a report on Wednesday. Twenty investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $414.97.

Insider Activity

In other Home Depot news, EVP Teresa Wynn Roseborough sold 2,872 shares of the stock in a transaction on Friday, December 26th. The shares were sold at an average price of $348.52, for a total value of $1,000,949.44. Following the completion of the sale, the executive vice president directly owned 13,196 shares of the company’s stock, valued at $4,599,069.92. This represents a 17.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Ann Marie Campbell sold 145 shares of the firm’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. This represents a 1.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 4,963 shares of company stock valued at $1,748,845. 0.10% of the stock is owned by insiders.

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.