The Home Depot, Inc. $HD Shares Bought by Mackenzie Financial Corp

Mackenzie Financial Corp raised its stake in The Home Depot, Inc. (NYSE:HD) by 4.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 954,984 shares of the home improvement retailer’s stock after buying an additional 40,529 shares during the period. Mackenzie Financial Corp’s holdings in Home Depot were worth $386,950,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Franklin Resources Inc. lifted its position in shares of Home Depot by 37.6% during 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 acquiring an additional 1,040,577 shares during the period. Van ECK Associates Corp grew its holdings in shares of Home Depot by 3.6% in the 3rd quarter. Van ECK Associates Corp now owns 68,742 shares of the home improvement retailer’s stock worth $27,854,000 after acquiring an additional 2,365 shares during the period. Tabor Asset Management LP increased its stake in Home Depot by 29.1% in the 3rd quarter. Tabor Asset Management LP now owns 14,061 shares of the home improvement retailer’s stock valued at $5,697,000 after purchasing an additional 3,172 shares in the last quarter. FourThought Financial Partners LLC increased its stake in Home Depot by 0.6% in the 3rd quarter. FourThought Financial Partners LLC now owns 22,646 shares of the home improvement retailer’s stock valued at $9,176,000 after purchasing an additional 129 shares in the last quarter. Finally, Promus Capital LLC raised its holdings in Home Depot by 2.3% during the third quarter. Promus Capital LLC now owns 1,762 shares of the home improvement retailer’s stock worth $714,000 after purchasing an additional 40 shares during the last quarter. 70.86% of the stock is currently owned by institutional investors and hedge funds.

Key Home Depot News

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

• Positive Sentiment: Foundation grants boost long‑term Pro pipeline — The Home Depot Foundation expanded its Path to Pro Education Grants with a $1 million 2026 investment (up to $10,000 per program) to upgrade trade training facilities and attract new skilled workers, supporting future professional contractor demand in Home Depot’s core customer segment. Home Depot Targets Skilled Labor Gap To Support Long Term Pro Demand PR Newswire: Path to Pro Grants
• Positive Sentiment: Rising big‑ticket purchases driven by Pro customers — Q4 data shows an increase in transactions >$1,000 and higher average ticket, suggesting professional customers are spending more even as overall transaction counts soften; supports revenue quality and margins if trend continues. Home Depot Sees Higher Big Ticket Sales Zacks: Big Ticket Sales
• Neutral Sentiment: Insider/official selling noted but immaterial — Filings show Senator Sheldon Whitehouse sold just over $5K of HD stock; routine small sales by public figures draw attention but are not large enough to signal a major insider shift. Sen. Sheldon Whitehouse Sold HD Stock American Banking News: Insider Sale
• Neutral Sentiment: Analyst/opinion pieces weigh long‑term case vs. peers — Coverage comparing Home Depot to peers like Costco and ‘things to know before you buy’ pieces provide context on valuation and risks but don’t present new company-specific catalysts. Costco vs. Home Depot analysis Fool: 3 Things to Know
• Negative Sentiment: Shares have pulled back amid weaker housing turnover and cautious consumers — Coverage highlighting an ~8% monthly slide points to macro headwinds (slower housing activity, lower transactions) that could pressure near‑term comps and guidance if trends persist. Home Depot Slides 8% in a Month Zacks: Slide 8% Coverage
• Negative Sentiment: Loss‑prevention incidents drew attention — Reports of an incident-packed weekend and heightened shoplifting activity prompted headlines about operational risk and inventory loss, a potential margin headwind if elevated. TipRanks: Loss Prevention Story

Home Depot Stock Performance

Shares of HD opened at $357.15 on Wednesday. The Home Depot, Inc. has a 1 year low of $326.31 and a 1 year high of $426.75. The company’s 50 day simple moving average is $373.92 and its 200 day simple moving average is $377.75. The company has a market capitalization of $355.54 billion, a price-to-earnings ratio of 25.10, a PEG ratio of 12.71 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.

Home Depot (NYSE:HD) last released its 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. The firm had revenue of $38.20 billion during the quarter, compared to analysts’ expectations of $38.01 billion. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. Home Depot’s revenue for the quarter was down 3.8% on a year-over-year basis. During the same period in the previous year, the company earned $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. On average, sell-side analysts predict 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 will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be given a $2.33 dividend. This is an increase from Home Depot’s previous quarterly dividend of $2.30. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Thursday, March 12th. Home Depot’s dividend payout ratio (DPR) is presently 64.65%.

Insiders Place Their Bets

In related news, EVP Ann Marie Campbell sold 145 shares of the company’s stock in a transaction 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 transaction, the executive vice president directly owned 12,320 shares in the company, valued at approximately $4,413,763.20. This represents a 1.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Angie Brown sold 1,946 shares of the stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $357.63, for a total value of $695,947.98. Following the transaction, the executive vice president owned 3,941 shares in the company, valued at $1,409,419.83. This trade represents a 33.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 7,513 shares of company stock valued at $2,689,515. 0.10% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on HD. Daiwa Securities Group upped their target price on Home Depot from $360.00 to $390.00 and gave the company a “neutral” rating in a report on Thursday, February 26th. Telsey Advisory Group lifted their price target on Home Depot from $410.00 to $435.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 25th. Truist Financial set a $424.00 price objective on shares of Home Depot in a research report on Tuesday, February 24th. Evercore lowered their price objective on shares of Home Depot from $450.00 to $425.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 19th. Finally, Robert W. Baird raised their target price on shares of Home Depot from $400.00 to $430.00 and gave the company an “outperform” rating in a report on Tuesday, February 17th. Twenty investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Home Depot has a consensus rating of “Moderate Buy” and an average target price 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.