The Home Depot, Inc. $HD Shares Sold by Pitcairn Co.

Pitcairn Co. cut its holdings in The Home Depot, Inc. (NYSE:HD) by 18.5% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,780 shares of the home improvement retailer’s stock after selling 1,768 shares during the period. Pitcairn Co.’s holdings in Home Depot were worth $3,152,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of Home Depot in the second quarter valued at about $4,885,603,000. Laurel Wealth Advisors LLC raised its position in shares of Home Depot by 36,207.5% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 10,076,783 shares of the home improvement retailer’s stock worth $3,694,552,000 after purchasing an additional 10,049,029 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Home Depot by 1.5% during the 2nd quarter. Vanguard Group Inc. now owns 97,978,814 shares of the home improvement retailer’s stock worth $35,922,952,000 after purchasing an additional 1,494,615 shares during the last quarter. Amundi lifted its stake in Home Depot by 11.1% in the 2nd quarter. Amundi now owns 7,903,550 shares of the home improvement retailer’s stock valued at $2,938,935,000 after buying an additional 790,476 shares in the last quarter. Finally, Voya Investment Management LLC grew its holdings in Home Depot by 112.3% during the 3rd quarter. Voya Investment Management LLC now owns 1,444,128 shares of the home improvement retailer’s stock valued at $585,147,000 after buying an additional 763,739 shares during the last quarter. 70.86% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Home Depot

In other news, EVP Angie Brown sold 1,946 shares of the business’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $357.63, for a total transaction of $695,947.98. Following the completion of the sale, the executive vice president owned 3,941 shares in the company, valued at approximately $1,409,419.83. The trade was a 33.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of the 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 sale, the executive vice president directly owned 13,196 shares of the company’s stock, valued at approximately $4,599,069.92. This trade represents a 17.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 7,513 shares of company stock valued at $2,689,515. Insiders own 0.10% of the company’s stock.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: Launched industry-first real-time delivery tracking for big & bulky materials aimed at Pro customers — improves job-site planning, could boost Pro retention and fulfillment efficiency. The Home Depot Boosts Pro Productivity (PR Newswire)
• Positive Sentiment: Company guidance and analyst coverage expect stronger fiscal‑2026 second‑half comparable-store sales as storm-driven comps ease and recent Pro investments plus SRS/GMS integration begin contributing — supports better H2 revenue trajectory. Why Home Depot Expects Second Half Comps to Outperform First Half (Yahoo)
• Positive Sentiment: Analyst/retail commentary continues to flag Home Depot’s stable cash flows and dividend profile, reinforcing its appeal as a long‑term, income-oriented holding despite near‑term volatility. Home Depot Is a Classic “Boomer Stock” (Motley Fool)
• Neutral Sentiment: Industry pieces note Home Depot and Lowe’s both investing in AI (Home Depot’s Magic Apron, Pro Xtra) — strategic for customer experience but benefits will play out over time and aren’t an immediate earnings catalyst. Home Depot vs. Lowe’s: Both Retail Giants Are Tapping AI (Motley Fool)
• Negative Sentiment: Insider selling: CFO Richard McPhail sold 2,550 shares (~$940.7K) and reduced his stake by ~5.4% — an event investors often view negatively as a near‑term signal even though it may be routine diversification. SEC Filing: Form 4 (Insider Sale)
• Negative Sentiment: Some market commentary (TipRanks) suggests Home Depot’s recent initiatives or small tactical advantages have provided limited lift to the stock — highlighting investor concerns about near‑term growth and the stock’s multi‑year underperformance vs. the S&P. Unexpected New Advantage Proves Little Help for Home Depot Stock (TipRanks)

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on HD. Gordon Haskett boosted their price target on Home Depot from $330.00 to $370.00 and gave the stock a “hold” rating in a report on Wednesday, February 11th. Piper Sandler dropped their price objective on Home Depot from $441.00 to $422.00 and set an “overweight” rating for the company in a research report on Monday, February 23rd. HSBC reduced their target price on shares of Home Depot from $445.00 to $400.00 and set a “hold” rating on the stock in a report on Wednesday, November 19th. Zacks Research raised shares of Home Depot from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. Finally, Guggenheim raised their target price on shares of Home Depot from $400.00 to $425.00 and gave the stock a “buy” rating in a research report on Wednesday, February 25th. Twenty equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Home Depot has a consensus rating of “Moderate Buy” and an average target price of $416.00.

Home Depot Price Performance

HD opened at $361.59 on Friday. The Home Depot, Inc. has a 1 year low of $326.31 and a 1 year high of $426.75. The company’s 50 day simple moving average is $373.41 and its 200 day simple moving average is $379.06. The stock has a market capitalization of $359.97 billion, a PE ratio of 25.41, a P/E/G ratio of 13.26 and a beta of 1.09. The company has a debt-to-equity ratio of 3.62, a quick ratio of 0.26 and a current ratio of 1.06.

Home Depot (NYSE:HD) last posted its quarterly earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, topping analysts’ consensus estimates of $2.52 by $0.20. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The company had revenue of $38.20 billion for the quarter, compared to the consensus estimate of $38.01 billion. During the same quarter last year, the firm posted $3.13 earnings per share. Home Depot’s 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. As a group, sell-side analysts expect that The Home Depot, Inc. will post 15.13 EPS for the current 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 given a dividend of $2.33 per share. This represents a $9.32 dividend on an annualized basis and a yield of 2.6%. This is a boost from Home Depot’s previous quarterly dividend of $2.30. The ex-dividend date of this dividend is Thursday, March 12th. Home Depot’s dividend payout ratio (DPR) is presently 64.65%.

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.