The Home Depot, Inc. $HD Shares Purchased by Franklin Resources Inc.

Franklin Resources Inc. boosted its stake in The Home Depot, Inc. (NYSE:HD) by 37.6% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,806,308 shares of the home improvement retailer’s stock after buying an additional 1,040,577 shares during the quarter. Franklin Resources Inc. owned approximately 0.38% of Home Depot worth $1,542,278,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of HD. Sagard Holdings Management Inc. acquired a new position in shares of Home Depot in the second quarter worth $29,000. Financially Speaking Inc acquired a new stake in shares of Home Depot during the third quarter valued at $31,000. Dougherty Wealth Advisers LLC purchased a new stake in Home Depot during the 3rd quarter worth about $38,000. Marquette Asset Management LLC purchased a new stake in Home Depot during the 3rd quarter worth about $38,000. Finally, AXS Investments LLC acquired a new position in Home Depot in the 3rd quarter valued at about $38,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Insider Activity at Home Depot

In other Home Depot news, CFO Richard V. Mcphail sold 2,550 shares of Home Depot stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $368.89, for a total value of $940,669.50. Following the transaction, the chief financial officer owned 44,566 shares in the company, valued at $16,439,951.74. This trade represents a 5.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of the business’s stock in a transaction on Friday, December 26th. The shares were 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 $4,599,069.92. This represents a 17.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 7,513 shares of company stock worth $2,689,515. 0.10% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Argus reduced their target price on shares of Home Depot from $450.00 to $425.00 and set a “buy” rating on the stock in a report on Thursday, November 20th. Zacks Research upgraded shares of Home Depot from a “strong sell” rating to a “hold” rating in a report on Monday, February 9th. Sanford C. Bernstein boosted their price objective on shares of Home Depot from $381.00 to $390.00 and gave the company a “market perform” rating in a research report on Wednesday, February 25th. Royal Bank Of Canada upped their price objective on shares of Home Depot from $363.00 to $377.00 and gave the company a “sector perform” rating in a research note on Wednesday, February 25th. Finally, BNP Paribas Exane raised their target price on shares of Home Depot from $355.00 to $391.00 in a research report on Wednesday, February 25th. Twenty 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 stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $416.00.

Home Depot Stock Up 1.0%

Shares of NYSE:HD opened at $357.15 on Wednesday. The company has a current ratio of 1.06, a quick ratio of 0.26 and a debt-to-equity ratio of 3.62. The firm has a market cap of $355.54 billion, a price-to-earnings ratio of 25.10, a PEG ratio of 12.71 and a beta of 1.09. The stock’s 50-day moving average price is $373.92 and its two-hundred day moving average price is $377.75. The Home Depot, Inc. has a 12-month low of $326.31 and a 12-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 EPS for the quarter, beating analysts’ consensus estimates of $2.52 by $0.20. The company had revenue of $38.20 billion during the quarter, compared to the consensus estimate of $38.01 billion. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The company’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. On average, research analysts forecast that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be issued a $2.33 dividend. The ex-dividend date is Thursday, March 12th. This is a positive change from Home Depot’s previous quarterly dividend of $2.30. This represents a $9.32 dividend on an annualized basis and a yield of 2.6%. Home Depot’s payout ratio is presently 64.65%.

Home Depot News Roundup

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

• Positive Sentiment: Foundation grants boost long‑term Pro pipeline — The Home Depot Foundation expanded its Path to Pro Education Grants with a $1 million 2026 investment (up to $10,000 per program) to upgrade trade training facilities and attract new skilled workers, supporting future professional contractor demand in Home Depot’s core customer segment. Home Depot Targets Skilled Labor Gap To Support Long Term Pro Demand PR Newswire: Path to Pro Grants
• Positive Sentiment: Rising big‑ticket purchases driven by Pro customers — Q4 data shows an increase in transactions >$1,000 and higher average ticket, suggesting professional customers are spending more even as overall transaction counts soften; supports revenue quality and margins if trend continues. Home Depot Sees Higher Big Ticket Sales Zacks: Big Ticket Sales
• Neutral Sentiment: Insider/official selling noted but immaterial — Filings show Senator Sheldon Whitehouse sold just over $5K of HD stock; routine small sales by public figures draw attention but are not large enough to signal a major insider shift. Sen. Sheldon Whitehouse Sold HD Stock American Banking News: Insider Sale
• Neutral Sentiment: Analyst/opinion pieces weigh long‑term case vs. peers — Coverage comparing Home Depot to peers like Costco and ‘things to know before you buy’ pieces provide context on valuation and risks but don’t present new company-specific catalysts. Costco vs. Home Depot analysis Fool: 3 Things to Know
• Negative Sentiment: Shares have pulled back amid weaker housing turnover and cautious consumers — Coverage highlighting an ~8% monthly slide points to macro headwinds (slower housing activity, lower transactions) that could pressure near‑term comps and guidance if trends persist. Home Depot Slides 8% in a Month Zacks: Slide 8% Coverage
• Negative Sentiment: Loss‑prevention incidents drew attention — Reports of an incident-packed weekend and heightened shoplifting activity prompted headlines about operational risk and inventory loss, a potential margin headwind if elevated. TipRanks: Loss Prevention Story

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.