Nisa Investment Advisors LLC Increases Stock Position in The Home Depot, Inc. $HD

Nisa Investment Advisors LLC grew its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 1.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 301,763 shares of the home improvement retailer’s stock after buying an additional 4,296 shares during the period. Home Depot accounts for approximately 1.5% of Nisa Investment Advisors LLC’s holdings, making the stock its 21st biggest position. Nisa Investment Advisors LLC’s holdings in Home Depot were worth $103,837,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Wellington Management Group LLP boosted its stake in 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 worth $4,109,878,000 after acquiring an additional 3,836,051 shares in the last quarter. Franklin Resources Inc. increased its stake in shares of Home Depot by 37.6% during the third quarter. Franklin Resources Inc. now owns 3,806,308 shares of the home improvement retailer’s stock valued at $1,542,278,000 after purchasing an additional 1,040,577 shares in the last quarter. Amundi lifted its holdings in shares of Home Depot by 11.1% during the second quarter. Amundi now owns 7,903,550 shares of the home improvement retailer’s stock valued at $2,938,935,000 after purchasing an additional 790,476 shares during the last quarter. Voya Investment Management LLC lifted its holdings in shares of Home Depot by 112.3% during the third quarter. Voya Investment Management LLC now owns 1,444,128 shares of the home improvement retailer’s stock valued at $585,147,000 after purchasing an additional 763,739 shares during the last quarter. Finally, Alyeska Investment Group L.P. bought a new stake in shares of Home Depot in the 3rd quarter worth approximately $284,893,000. 70.86% of the stock is owned by hedge funds and other institutional investors.

Home Depot Stock Performance

Shares of HD opened at $330.00 on Thursday. The business’s fifty day simple moving average is $363.47 and its two-hundred day simple moving average is $369.04. 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 Home Depot, Inc. has a 12 month low of $320.26 and a 12 month high of $426.75. The company has a market cap of $328.69 billion, a price-to-earnings ratio of 23.19, a P/E/G ratio of 3.59 and a beta of 1.09.

Home Depot (NYSE:HD) last posted its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, topping 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 business had revenue of $38.20 billion during the quarter, compared to analyst estimates of $38.01 billion. During the same quarter last year, the company earned $3.13 EPS. The company’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. Research analysts anticipate that The Home Depot, Inc. will post 15.13 earnings per share for the current fiscal year.

Home Depot Increases Dividend

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

Key Home Depot News

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%

Insiders Place Their Bets

In other Home Depot news, CFO Richard V. Mcphail sold 2,550 shares of the business’s stock in a transaction dated 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 transaction, the chief financial officer owned 44,566 shares of the company’s stock, valued at approximately $16,439,951.74. The trade was a 5.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on HD shares. Weiss Ratings restated a “hold (c+)” rating on shares of Home Depot in a research note on Friday, March 27th. Evercore dropped their target price on Home Depot from $425.00 to $415.00 and set an “outperform” rating on the stock in a report on Tuesday. Wells Fargo & Company increased their target price on Home Depot from $395.00 to $420.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 25th. Guggenheim raised their price target on Home Depot from $400.00 to $425.00 and gave the company a “buy” rating in a report on Wednesday, February 25th. Finally, Wolfe Research lifted their price target on Home Depot from $413.00 to $414.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 25th. Twenty equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $414.17.

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.