The Home Depot, Inc. $HD Position Reduced by Texas Capital Bancshares Inc TX

Texas Capital Bancshares Inc TX reduced its stake in shares of The Home Depot, Inc. (NYSE:HD) by 33.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,898 shares of the home improvement retailer’s stock after selling 1,481 shares during the period. Home Depot comprises approximately 0.5% of Texas Capital Bancshares Inc TX’s holdings, making the stock its 20th biggest position. Texas Capital Bancshares Inc TX’s holdings in Home Depot were worth $1,174,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of Home Depot by 0.3% during the third quarter. Vanguard Group Inc. now owns 98,310,031 shares of the home improvement retailer’s stock worth $39,834,241,000 after purchasing an additional 331,217 shares during the last quarter. State Street Corp increased its holdings in Home Depot by 0.7% in the second quarter. State Street Corp now owns 46,015,836 shares of the home improvement retailer’s stock valued at $16,871,246,000 after buying an additional 300,352 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in Home Depot by 1.1% during the second quarter. Charles Schwab Investment Management Inc. now owns 14,568,860 shares of the home improvement retailer’s stock valued at $5,341,724,000 after buying an additional 153,582 shares in the last quarter. Norges Bank acquired a new stake in Home Depot during the second quarter valued at approximately $4,885,603,000. Finally, Capital Research Global Investors lifted its holdings in Home Depot by 0.3% during the 3rd quarter. Capital Research Global Investors now owns 11,400,133 shares of the home improvement retailer’s stock worth $4,619,229,000 after buying an additional 30,739 shares during the last quarter. 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: TD Cowen reiterated a Buy rating on HD, a vote of confidence from a major shop that can support investor sentiment and help stabilize the stock. TD Cowen Keeps Their Buy Rating on Home Depot (HD)
• Positive Sentiment: Home Depot is rolling out real‑time delivery tracking and other digital tools aimed at pros (material lists, quotes), which should boost repeat/pro sales and margins over time. This operational progress is being cited as a reason analysts still see upside. “Focus on Improving Customer Experience”: Home Depot Stock Notches Up as Live Tracking Gets Fleshed Out
• Positive Sentiment: New exclusive merchandising (Back to the Roots’ Organic Mushroom Compost at Home Depot) expands seasonal/garden assortments and supports in‑store traffic and SKU differentiation. Back to the Roots Expands Organic Soil Portfolio with Launch of Organic Mushroom Compost Exclusively at The Home Depot
• Neutral Sentiment: HD is a “trending” search on Zacks — useful for sentiment/flow but not a directional fundamental catalyst; Zacks also issued its Q1 earnings outlook, which investors will watch against results. The Home Depot, Inc. (HD) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Some outlets note analysts are “conflicted” — a mix of Buy and Hold ratings and diverging price targets increases volatility but also means upside if housing or rates improve. Analysts Conflicted on These Consumer Cyclical Names: Cracker Barrel (CBRL) and Home Depot (HD)
• Negative Sentiment: Recent loss‑prevention/PR incidents (“pretty privilege” testing) and related headlines have pressured the stock and raised short‑term reputational and operational risk. “Pretty Privilege” Tests Send Home Depot Stock Slumping
• Negative Sentiment: Macroeconomic headwinds — US CPI rose 0.3% in Feb and high mortgage rates — are cited as weighing on renovation demand and consumer discretionary exposure, a clear negative for HD’s top line. US CPI Up 0.3% in February: Consumer Discretionary ETFs to Watch
• Negative Sentiment: Analyses flag softer home‑improvement demand and valuation pressure after recent headlines; these factors explain the recent share decline and raise the bar for near‑term catalysts. Assessing Home Depot (HD) Valuation After Loss Prevention Headlines And Softer Home Improvement Demand

Insider Buying and Selling at Home Depot

In other news, EVP Teresa Wynn Roseborough sold 2,872 shares of the company’s stock in a transaction dated 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 completion of the transaction, the executive vice president owned 13,196 shares in the company, valued at approximately $4,599,069.92. This represents a 17.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Richard V. Mcphail sold 2,550 shares of the stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $368.89, for a total transaction of $940,669.50. Following the completion of the sale, the chief financial officer directly owned 44,566 shares in the company, valued at approximately $16,439,951.74. This trade represents a 5.41% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.10% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on HD. UBS Group lifted their target price on Home Depot from $430.00 to $450.00 and gave the stock a “buy” rating in a research report on Wednesday, February 25th. Bank of America reduced their price objective on Home Depot from $450.00 to $430.00 and set a “buy” rating on the stock in a research note on Wednesday, November 19th. Sanford C. Bernstein lifted their price objective on shares of Home Depot from $381.00 to $390.00 and gave the stock a “market perform” rating in a report on Wednesday, February 25th. JPMorgan Chase & Co. lowered their target price on shares of Home Depot from $444.00 to $423.00 and set an “overweight” rating for the company in a research note on Wednesday, November 19th. Finally, Truist Financial set a $424.00 target price on shares of Home Depot in a report on Tuesday, February 24th. Twenty analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Home Depot currently has a consensus rating of “Moderate Buy” and a consensus price target of $416.00.

Home Depot Stock Down 0.0%

Shares of Home Depot stock opened at $338.84 on Friday. The stock has a market capitalization of $337.32 billion, a price-to-earnings ratio of 23.81, a PEG ratio of 12.18 and a beta of 1.09. The Home Depot, Inc. has a twelve month low of $326.31 and a twelve month high of $426.75. 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 business’s 50 day simple moving average is $373.81 and its 200-day simple moving average is $376.81.

Home Depot (NYSE:HD) last released its quarterly earnings data on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.52 by $0.20. The business 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 business’s revenue for the quarter was down 3.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Equities research analysts forecast that The Home Depot, Inc. will post 15.13 earnings per share for the current year.

Home Depot Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be issued a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. This is a positive change 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 is presently 65.50%.

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.