The Home Depot, Inc. $HD Stock Position Lowered by Huntington National Bank

Huntington National Bank reduced its position in shares of The Home Depot, Inc. (NYSE:HD) by 1.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 188,041 shares of the home improvement retailer’s stock after selling 2,474 shares during the period. Huntington National Bank’s holdings in Home Depot were worth $76,192,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Norges Bank acquired a new position in Home Depot in the second quarter worth approximately $4,885,603,000. Laurel Wealth Advisors LLC boosted its stake in shares of Home Depot by 36,207.5% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 10,076,783 shares of the home improvement retailer’s stock worth $3,694,552,000 after acquiring an additional 10,049,029 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Home Depot by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 97,978,814 shares of the home improvement retailer’s stock worth $35,922,952,000 after acquiring an additional 1,494,615 shares during the last quarter. Amundi raised its position 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 worth $2,938,935,000 after purchasing an additional 790,476 shares during the period. Finally, 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. 70.86% of the stock is currently owned by institutional investors.

Insider Transactions at Home Depot

In other Home Depot news, EVP Teresa Wynn Roseborough sold 2,872 shares of the company’s stock in a transaction that occurred on Friday, December 26th. The stock was 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 owned 13,196 shares of the company’s stock, valued at $4,599,069.92. This represents a 17.87% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Ann Marie Campbell sold 145 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $358.26, for a total value of $51,947.70. Following the completion of the sale, the executive vice president owned 12,320 shares of the company’s stock, valued at $4,413,763.20. This represents a 1.16% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 4,963 shares of company stock worth $1,748,845. 0.10% of the stock is currently owned by company insiders.

Home Depot Price Performance

NYSE HD opened at $380.71 on Friday. The stock has a 50-day simple moving average of $371.76 and a 200 day simple moving average of $380.00. The Home Depot, Inc. has a twelve month low of $326.31 and a twelve month high of $426.75. The stock has a market capitalization of $379.00 billion, a PE ratio of 26.75, a P/E/G ratio of 13.44 and a beta of 1.08. The company has a debt-to-equity ratio of 3.62, a quick ratio of 0.29 and a current ratio of 1.06.

Home Depot (NYSE:HD) last issued its quarterly earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, topping the consensus estimate of $2.52 by $0.20. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.The company had revenue of $38.20 billion for the quarter, compared to the consensus estimate of $38.01 billion. During the same period in the previous year, the business posted $3.13 EPS. The company’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. Research analysts anticipate that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th will be issued a $2.33 dividend. 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. This represents a $9.32 dividend on an annualized basis and a yield of 2.4%. Home Depot’s payout ratio is currently 64.65%.

Home Depot News Summary

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

• Positive Sentiment: Q4 beats, revenue and dividend hike — Home Depot topped Q4 estimates (EPS and revenue), reported positive comparable‑store sales, and approved a 1.3% dividend increase, signaling management confidence in cash flow. Does Home Depot’s Modest 2026 Outlook And Dividend Hike Reframe The Tech‑And‑Pro Story For HD?
• Positive Sentiment: Pro/customer mix is protecting results — Professional contractors are driving resilience in sales (Pro-focused initiatives, SRS integration and trade services are improving stickiness and margins versus DIY). Home Depot’s Pro Ecosystem Shows Resilience in Soft Market
• Positive Sentiment: Analyst support is increasing — Several firms have raised price targets and some analysts (including TD Cowen coverage) kept or added bullish ratings, giving the stock upward momentum. Home Depot: Pro-Focused Growth and Acquisition Integration Position FY26 as an Inflection Year Supporting a Buy Rating
• Positive Sentiment: Recent price‑target upgrades — Firms including Stifel, Daiwa and others nudged up targets post‑earnings, providing technical and sentiment support for the shares. Home Depot price target raised to $375 from $350 at Stifel
• Neutral Sentiment: 2026 guidance is modest — Management gave conservative FY26 sales/EPS guidance (low‑single‑digit sales growth, flat to low single‑digit EPS growth) and plans ~15 new store openings, which tempers upside until the housing cycle improves. Does Home Depot’s Modest 2026 Outlook And Dividend Hike Reframe The Tech‑And‑Pro Story For HD?
• Negative Sentiment: Macro/housing headwinds weigh on sentiment — High mortgage rates and low existing‑home turnover (“lock‑in” effect) are keeping big discretionary remodel projects on hold, which has driven short‑term investor caution and prior sell‑offs. Jim Cramer Wonders Why People Are Selling Home Depot (HD) Shares

Wall Street Analyst Weigh In

Several brokerages have commented on HD. Wolfe Research raised their target price on shares of Home Depot from $413.00 to $414.00 and gave the stock an “outperform” rating in a report on Wednesday. Wall Street Zen lowered Home Depot from a “hold” rating to a “sell” rating in a research report on Friday, November 28th. Morgan Stanley boosted their target price on shares of Home Depot from $412.00 to $420.00 and gave the stock an “overweight” rating in a research report on Wednesday. Piper Sandler dropped their price target on shares of Home Depot from $441.00 to $422.00 and set an “overweight” rating on the stock in a research note on Monday, February 23rd. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Home Depot in a research note on Wednesday. Twenty analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $416.00.

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.