Highline Wealth Partners LLC Sells 5,595 Shares of The Home Depot, Inc. $HD

Highline Wealth Partners LLC lowered its holdings in The Home Depot, Inc. (NYSE:HD) by 92.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 461 shares of the home improvement retailer’s stock after selling 5,595 shares during the quarter. Highline Wealth Partners LLC’s holdings in Home Depot were worth $159,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Emprise Bank increased its holdings in Home Depot by 0.8% in the 3rd quarter. Emprise Bank now owns 3,135 shares of the home improvement retailer’s stock worth $1,270,000 after buying an additional 26 shares in the last quarter. Stegent Equity Advisors Inc. lifted its stake in Home Depot by 2.7% during the 3rd quarter. Stegent Equity Advisors Inc. now owns 1,006 shares of the home improvement retailer’s stock valued at $408,000 after acquiring an additional 26 shares during the period. Navis Wealth Advisors LLC boosted its holdings in shares of Home Depot by 1.8% during the 2nd quarter. Navis Wealth Advisors LLC now owns 1,532 shares of the home improvement retailer’s stock valued at $562,000 after acquiring an additional 27 shares during the last quarter. Unique Wealth LLC boosted its holdings in shares of Home Depot by 1.2% during the 3rd quarter. Unique Wealth LLC now owns 2,280 shares of the home improvement retailer’s stock valued at $924,000 after acquiring an additional 27 shares during the last quarter. Finally, Arcus Capital Partners LLC grew its stake in shares of Home Depot by 1.1% in the third quarter. Arcus Capital Partners LLC now owns 2,445 shares of the home improvement retailer’s stock worth $991,000 after acquiring an additional 27 shares during the period. 70.86% of the stock is owned by institutional investors.

Trending Headlines about Home Depot

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

• Positive Sentiment: Home Depot named Dr. Franziska “Fran” Bell as EVP and Chief Technology Officer to lead technology, product, data and AI — a move investors view as a catalyst for customer experience improvements and operational efficiencies that can boost margins over time. Home Depot sets sights on AI with CTO appointment
• Positive Sentiment: Coverage and commentary (TipRanks) highlight the new CTO hire as a tangible reason for investor enthusiasm — framing AI-driven, “behind-the-scenes” tech improvements as supportive of long-term same-store sales and cost efficiency. “Busy Behind the Scenes Making Your Life Easier,” Home Depot Stock (NYSE:HD) Gains With New Hire
• Positive Sentiment: Evercore trimmed its price target slightly to $415 (from $425) but kept an Outperform rating, leaving meaningful upside in the view of that analyst — a supportive signal that helps underpin the stock despite the modest PT cut. Evercore Inc lowers PT to $415, maintains outperform
• Neutral Sentiment: Home Depot expanded its online assortment via an agreement to carry AXIL Brands’ hearing-protection products on HomeDepot.com — a small, incremental boost to non-core category breadth and online sales. AXIL Brands Launches AXIL Hearing Protection Products at HomeDepot Online
• Neutral Sentiment: MarketWatch noted Home Depot stock rose but still underperformed the market — a reminder that short-term momentum is mixed even as strategic moves attract attention. Home Depot Inc. stock rises Tuesday, still underperforms market
• Negative Sentiment: Analyst commentary (Zacks) flags a slowdown in big‑ticket projects — repairs are driving modest growth while remodel activity remains weak due to high rates and low housing turnover, posing downside risk to sales and margins if the trend persists. Home Depot Faces Big-Ticket Slowdown: Temporary or Trend?
• Negative Sentiment: RH’s sharp Q4 miss and sector weakness (RH stock down 17%) may weigh on investor sentiment for home improvement/retail peers, increasing caution around discretionary spending trends and demand visibility. RH Q4 Earnings Lag Estimates, Revenues Up Y/Y, Stock Down 17%

Insider Activity

In other news, CFO Richard V. Mcphail sold 2,550 shares of the company’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $368.89, for a total value of $940,669.50. Following the completion of the sale, the chief financial officer directly owned 44,566 shares in the company, valued at $16,439,951.74. This represents a 5.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.10% of the stock is currently owned by insiders.

Home Depot Price Performance

Shares of NYSE:HD opened at $330.00 on Thursday. The company has a quick ratio of 0.26, a current ratio of 1.06 and a debt-to-equity ratio of 3.62. The stock has a market capitalization of $328.69 billion, a PE ratio of 23.19, a price-to-earnings-growth ratio of 3.59 and a beta of 1.09. The firm’s 50 day moving average price is $363.47 and its 200-day moving average price is $369.04. The Home Depot, Inc. has a twelve month low of $320.26 and a twelve month high of $426.75.

Home Depot (NYSE:HD) last announced its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share (EPS) for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $38.01 billion. During the same period in the previous year, the business posted $3.13 earnings per share. The firm’s quarterly revenue was down 3.8% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Equities research analysts expect that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th were given a dividend of $2.33 per share. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Thursday, March 12th. This is a positive change from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s payout ratio is presently 65.50%.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Piper Sandler decreased their price objective on shares of Home Depot from $441.00 to $422.00 and set an “overweight” rating for the company in a report on Monday, February 23rd. Truist Financial set a $424.00 target price on shares of Home Depot in a report on Tuesday, February 24th. DA Davidson lifted their target price on shares of Home Depot from $407.00 to $445.00 and gave the stock a “buy” rating in a research report on Tuesday, February 24th. KeyCorp reiterated a “sector weight” rating on shares of Home Depot in a research note on Wednesday, February 25th. Finally, Evercore lowered their price target on Home Depot from $425.00 to $415.00 and set an “outperform” rating on the stock in a report on Tuesday. Twenty investment 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 data from MarketBeat, Home Depot presently has a consensus rating of “Moderate Buy” and an average target price of $414.17.

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.