KKM Financial LLC Raises Holdings in The Home Depot, Inc. $HD

KKM Financial LLC increased its holdings in The Home Depot, Inc. (NYSE:HD) by 20.4% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,973 shares of the home improvement retailer’s stock after buying an additional 2,030 shares during the period. Home Depot comprises approximately 1.5% of KKM Financial LLC’s investment portfolio, making the stock its 22nd biggest holding. KKM Financial LLC’s holdings in Home Depot were worth $4,851,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of HD. Norges Bank purchased a new stake in shares of Home Depot during the 2nd quarter worth $4,885,603,000. Laurel Wealth Advisors LLC raised its holdings in Home Depot by 36,207.5% in the second 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 in the last quarter. Wellington Management Group LLP lifted its position in shares of Home Depot by 60.8% during the third quarter. Wellington Management Group LLP now owns 10,143,089 shares of the home improvement retailer’s stock valued at $4,109,878,000 after buying an additional 3,836,051 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Home Depot by 1.5% during the second quarter. Vanguard Group Inc. now owns 97,978,814 shares of the home improvement retailer’s stock valued at $35,922,952,000 after buying an additional 1,494,615 shares during the last quarter. Finally, Franklin Resources Inc. boosted its holdings in shares of Home Depot by 37.6% in the 3rd quarter. Franklin Resources Inc. now owns 3,806,308 shares of the home improvement retailer’s stock valued at $1,542,278,000 after buying an additional 1,040,577 shares in the last quarter. Institutional investors own 70.86% of the company’s stock.

Insiders Place Their Bets

In other Home Depot news, CFO Richard V. Mcphail sold 2,550 shares of Home Depot 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 transaction, the chief financial officer 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 transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of the business’s stock in a transaction dated 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 transaction, 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. The SEC filing for this sale provides additional information. Insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Citigroup boosted their price objective on shares of Home Depot from $407.00 to $450.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Jefferies Financial Group upped their price target on Home Depot from $424.00 to $454.00 and gave the stock a “buy” rating in a research report on Tuesday, February 24th. DA Davidson raised their price objective on Home Depot from $407.00 to $445.00 and gave the stock a “buy” rating in a research report on Tuesday, February 24th. HSBC reduced their target price on Home Depot from $445.00 to $400.00 and set a “hold” rating on the stock in a research report on Wednesday, November 19th. Finally, Morgan Stanley raised their price target on Home Depot from $412.00 to $420.00 and gave the stock an “overweight” rating in a report on Wednesday, February 25th. Twenty research 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’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $416.00.

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

Home Depot Stock Down 0.0%

Shares of HD stock opened at $338.84 on Monday. The Home Depot, Inc. has a fifty-two week low of $326.31 and a fifty-two week high of $426.75. The firm has a market capitalization of $337.32 billion, a PE ratio of 23.81, a P/E/G ratio of 12.20 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. The stock’s 50-day simple moving average is $373.81 and its 200-day simple moving average is $376.37.

Home Depot (NYSE:HD) last issued its earnings results 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. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.The firm had revenue of $38.20 billion for the quarter, compared to analyst estimates of $38.01 billion. During the same quarter in the prior year, the firm earned $3.13 earnings per share. Home Depot’s revenue for the quarter was down 3.8% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Equities analysts expect that The Home Depot, Inc. will post 15.13 earnings per share for the current year.

Home Depot Increases Dividend

The firm 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 dividend of $2.33 per share. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. 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 is 65.50%.

Home Depot 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.