Secure Asset Management LLC Buys New Stake in The Home Depot, Inc. $HD

Secure Asset Management LLC acquired a new position in shares of The Home Depot, Inc. (NYSE:HD) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 5,676 shares of the home improvement retailer’s stock, valued at approximately $1,615,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in HD. Zeit Capital LLC acquired a new position in shares of Home Depot in the 2nd quarter valued at $26,000. Cache Advisors LLC purchased a new position in shares of Home Depot in the 1st quarter valued at $27,000. Principia Wealth Advisory LLC grew its position in shares of Home Depot by 60.4% in the 2nd quarter. Principia Wealth Advisory LLC now owns 85 shares of the home improvement retailer’s stock valued at $30,000 after buying an additional 32 shares during the last quarter. Merkkuri Wealth Advisors LLC acquired a new stake in Home Depot during the 1st quarter worth $28,000. Finally, Navigoe LLC acquired a new stake in Home Depot during the 2nd quarter worth $32,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Home Depot Price Performance

HD stock opened at $309.86 on Tuesday. The company has a market capitalization of $309.14 billion, a P/E ratio of 20.91, a PEG ratio of 2.20 and a beta of 1.00. The Home Depot, Inc. has a twelve month low of $277.15 and a twelve month high of $397.63. The business has a 50 day simple moving average of $311.71 and a 200-day simple moving average of $324.03. The company has a current ratio of 1.08, a quick ratio of 0.31 and a debt-to-equity ratio of 2.64.

Home Depot (NYSE:HD) last announced its earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.73 by $0.19. The business had revenue of $47.86 billion for the quarter, compared to analyst estimates of $47.24 billion. Home Depot had a net margin of 8.41% and a return on equity of 106.42%. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period last year, the firm posted $4.68 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, equities analysts anticipate that The Home Depot, Inc. will post 15.01 EPS for the current year.

Home Depot Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Investors of record on Thursday, September 3rd were paid a dividend of $2.33 per share. The ex-dividend date was Thursday, September 3rd. This represents a $9.32 dividend on an annualized basis and a yield of 3.0%. Home Depot’s dividend payout ratio is currently 65.22%.

Insider Buying and Selling at Home Depot

In other news, CAO Kimberly R. Scardino sold 675 shares of the company’s stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $305.95, for a total value of $206,516.25. Following the completion of the sale, the chief accounting officer directly owned 8,189 shares of the company’s stock, valued at approximately $2,505,424.55. This represents a 7.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Richard V. Mcphail sold 5,989 shares of the company’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $348.40, for a total transaction of $2,086,567.60. Following the completion of the sale, the chief financial officer directly owned 48,104 shares of the company’s stock, valued at $16,759,433.60. The trade was a 11.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 9,829 shares of company stock valued at $3,339,314. Company insiders own 0.08% of the company’s stock.

Key Home Depot News

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

• Positive Sentiment: Analysts highlighted improving growth in recent quarters, supporting the view that Home Depot’s business momentum may be strengthening ahead of earnings. Should You Buy Home Depot Stock Before Nov. 17?
• Positive Sentiment: Home Depot continues to emphasize professional contractors and trade customers, a strategy intended to deepen customer relationships and support larger, more recurring project-related sales. This remains a key differentiator in comparisons with Amazon. Amazon vs. Home Depot: Which Consumer Stock Is a Better Buy in 2026?
• Positive Sentiment: Home Depot’s long-term investment case is receiving support from momentum-focused research, potentially attracting investors seeking a combination of market leadership, operating improvement and shareholder returns. Why Home Depot (HD) is a Top Momentum Stock for the Long-Term
• Neutral Sentiment: Recent commentary suggests management’s priorities have evolved from emphasizing global sourcing and supply-chain diversification toward other strategic initiatives. Investors are looking for clarity on which priorities will drive future growth. What Changed In Home Depot’s Story?
• Neutral Sentiment: Home Depot remains attractive to income investors, but comparisons with Lowe’s center on whether investors prefer a higher current yield or potentially faster dividend growth. Home Depot vs. Lowe’s: Higher Yield or Faster Dividend Growth?
• Negative Sentiment: Frozen housing activity remains a risk because limited home transactions can reduce demand for remodeling and other big-ticket projects. Investors may therefore look to the November earnings release for evidence that contractor demand and growth are holding up.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on HD. KeyCorp reissued a “sector weight” rating on shares of Home Depot in a research report on Wednesday, August 19th. Stifel Nicolaus upped their price objective on shares of Home Depot from $320.00 to $340.00 and gave the company a “hold” rating in a research note on Monday, August 17th. Sanford C. Bernstein dropped their price objective on Home Depot from $354.00 to $344.00 and set a “market perform” rating on the stock in a report on Wednesday, September 9th. Guggenheim reiterated a “buy” rating and set a $425.00 target price on shares of Home Depot in a research report on Wednesday, August 19th. Finally, TD Cowen reiterated a “buy” rating on shares of Home Depot in a research report on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Home Depot currently has an average rating of “Moderate Buy” and a consensus target price of $375.93.

About Home Depot

The Home Depot, Inc is a home improvement retailer serving do-it-yourself customers, professional contractors, and other building and maintenance professionals. The company sells a broad selection of building materials, hardware, tools, appliances, paint, plumbing and electrical supplies, flooring, lighting, lawn and garden products, and home décor.

In addition to merchandise, Home Depot offers services such as product delivery, tool and equipment rental, credit services, and installation for selected products.