Mizuho Markets Cayman LP Grows Holdings in The Home Depot, Inc. $HD

Mizuho Markets Cayman LP boosted its position in The Home Depot, Inc. (NYSE:HD) by 9.8% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 74,034 shares of the home improvement retailer’s stock after purchasing an additional 6,628 shares during the period. Home Depot comprises 1.5% of Mizuho Markets Cayman LP’s investment portfolio, making the stock its 13th biggest position. Mizuho Markets Cayman LP’s holdings in Home Depot were worth $29,998,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in Home Depot by 0.3% during the third quarter. Vanguard Group Inc. now owns 98,310,031 shares of the home improvement retailer’s stock worth $39,834,241,000 after acquiring an additional 331,217 shares during the period. State Street Corp grew its stake in Home Depot by 0.7% in the 2nd quarter. State Street Corp now owns 46,015,836 shares of the home improvement retailer’s stock valued at $16,871,246,000 after purchasing an additional 300,352 shares during the period. Charles Schwab Investment Management Inc. grew its stake in Home Depot by 1.1% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 14,568,860 shares of the home improvement retailer’s stock valued at $5,341,724,000 after purchasing an additional 153,582 shares during the period. Norges Bank purchased a new stake in shares of Home Depot during the 2nd quarter valued at $4,885,603,000. Finally, Capital Research Global Investors increased its position in shares of Home Depot by 0.3% during the 3rd quarter. Capital Research Global Investors now owns 11,400,133 shares of the home improvement retailer’s stock valued at $4,619,229,000 after purchasing an additional 30,739 shares during the last quarter. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Home Depot Stock Down 0.3%

Home Depot stock opened at $341.63 on Wednesday. The firm has a 50 day simple moving average of $373.62 and a 200 day simple moving average of $375.45. 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 1-year low of $326.31 and a 1-year high of $426.75. The firm has a market capitalization of $340.10 billion, a price-to-earnings ratio of 24.01, a P/E/G ratio of 12.32 and a beta of 1.09.

Home Depot (NYSE:HD) last released its quarterly earnings data on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.52 by $0.20. The company had revenue of $38.20 billion for the quarter, compared to analyst estimates of $38.01 billion. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.The firm’s revenue for the quarter was down 3.8% compared to the same quarter last year. During the same period in the previous year, the company posted $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. On average, analysts predict that The Home Depot, Inc. will post 15.13 earnings per share for the current year.

Home Depot Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th will be paid a $2.33 dividend. The ex-dividend date is Thursday, March 12th. This represents a $9.32 annualized dividend and a yield of 2.7%. This is a boost from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s dividend payout ratio is currently 65.50%.

Trending Headlines about Home Depot

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

• Positive Sentiment: Spring seasonal push: Home Depot launched its “Spring Starts” promotion (Mar 19–Apr 1) to drive demand for outdoor, gardening, cleaning and entertaining categories — a timely revenue driver for the spring selling season that can boost comp traffic and high-margin seasonal categories. From Power Washers to Patios: The Home Depot’s Spring Starts Event Kicks off Season of Savings
• Positive Sentiment: Pro-focused logistics upgrade: HD rolled out a real‑time delivery tracker for large/bulky materials to give contractors minute-by-minute ETAs — a capability that can reduce on-site downtime, deepen Pro customer loyalty, and strengthen omnichannel differentiation versus peers. Improved service for Pros can support repeat sales and margin stability. Home Depot Bets On Real Time Delivery Tracking To Deepen Pro Loyalty
• Positive Sentiment: Positive retail coverage: Recent investor pieces and retail roundups have highlighted Home Depot as a top retail/long-term buy, reinforcing conviction among growth/value investors who favor HD’s scale, cash generation and dividend/repurchase profile. This can support longer-term demand for the shares. The Top 2 Retail Stocks to Buy Right Now
• Neutral Sentiment: Analyst discussion on tracker impact: Coverage is exploring whether the new real‑time Pro delivery tracker materially changes HD’s cash flow or valuation — useful operational progress, but analysts note the financial impact may be gradual rather than immediate. Should Home Depot’s (HD) Real‑Time Pro Delivery Tracker Require Action From Investors?
• Negative Sentiment: Near-term growth and technical/financial headwinds: HD’s most recent quarter showed revenue down ~3.8% year-over-year (EPS beat but was lower than last year), and FY2026 EPS guidance (14.23–14.80) sits below some analyst rolls (~15.13 consensus), which can temper upside expectations. In addition, the stock is trading below its 50- and 200-day moving averages and carries elevated leverage metrics (debt/equity), factors that may pressure sentiment and explain the share decline.

Analyst Ratings Changes

A number of brokerages recently weighed in on HD. Daiwa Securities Group boosted their price target on shares of Home Depot from $360.00 to $390.00 and gave the stock a “neutral” rating in a report on Thursday, February 26th. DA Davidson lifted their price objective 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. Evercore dropped their target price 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. BNP Paribas Exane increased their target price on shares of Home Depot from $355.00 to $391.00 in a research report on Wednesday, February 25th. Finally, Bank of America decreased their price target on shares of Home Depot from $450.00 to $430.00 and set a “buy” rating for the company in a research note on Wednesday, November 19th. Twenty analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $416.00.

Insider Buying and Selling at Home Depot

In related news, CFO Richard V. Mcphail sold 2,550 shares of the 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 sale, the chief financial officer owned 44,566 shares in the company, valued at approximately $16,439,951.74. This trade represents a 5.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of Home Depot stock in a transaction on Friday, December 26th. The shares were sold at an average price of $348.52, for a total value of $1,000,949.44. Following the sale, the executive vice president directly 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 disclosure for this sale is available in the SEC filing. 0.10% of the stock is owned by company insiders.

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.