Neville Rodie & Shaw Inc. Has $11.30 Million Stake in The Home Depot, Inc. $HD

Neville Rodie & Shaw Inc. lowered its stake in shares of The Home Depot, Inc. (NYSE:HD) by 8.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,836 shares of the home improvement retailer’s stock after selling 3,224 shares during the quarter. Neville Rodie & Shaw Inc.’s holdings in Home Depot were worth $11,299,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Brighton Jones LLC increased its position in shares of Home Depot by 36.5% in the fourth quarter. Brighton Jones LLC now owns 26,918 shares of the home improvement retailer’s stock worth $10,471,000 after purchasing an additional 7,203 shares during the period. Sivia Capital Partners LLC lifted its position in Home Depot by 7.1% during the second quarter. Sivia Capital Partners LLC now owns 2,598 shares of the home improvement retailer’s stock worth $952,000 after purchasing an additional 173 shares during the period. Schnieders Capital Management LLC. lifted its position in Home Depot by 14.1% during the second quarter. Schnieders Capital Management LLC. now owns 11,587 shares of the home improvement retailer’s stock worth $4,248,000 after purchasing an additional 1,433 shares during the period. Howe & Rusling Inc. grew its stake in Home Depot by 5.5% during the second quarter. Howe & Rusling Inc. now owns 3,235 shares of the home improvement retailer’s stock worth $1,186,000 after buying an additional 169 shares in the last quarter. Finally, Handelsbanken Fonder AB grew its stake in Home Depot by 19.8% during the second quarter. Handelsbanken Fonder AB now owns 431,044 shares of the home improvement retailer’s stock worth $158,038,000 after buying an additional 71,162 shares in the last quarter. Institutional investors own 70.86% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on HD. Stifel Nicolaus dropped their target price on shares of Home Depot from $370.00 to $350.00 and set a “hold” rating for the company in a research report on Monday, December 1st. Piper Sandler reduced 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 report on Monday, February 23rd. BNP Paribas Exane lifted their price objective on shares of Home Depot from $355.00 to $391.00 in a research note on Wednesday, February 25th. Zacks Research upgraded shares of Home Depot from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. Finally, Truist Financial set a $424.00 target price on Home Depot in a research note on Tuesday, February 24th. Twenty equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Home Depot currently has a consensus rating of “Moderate Buy” and a consensus target price of $416.00.

Trending Headlines about Home Depot

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

• Positive Sentiment: The Home Depot expanded its Pro digital experience with new project-management and AI tools aimed at contractors and professional renovators — a move that could deepen pro customer loyalty, drive repeat purchases and support margins over time. The Home Depot Expands Pro Digital Experience
• Positive Sentiment: Marketing push tied to FIFA World Cup 2026: HD partnered with David Beckham and launched promotions/sweepstakes to drive seasonal backyard and outdoor-project demand — a consumer-facing initiative that may lift traffic and average tickets in spring/summer. Home Depot Teams Up with David Beckham
• Neutral Sentiment: Valuation/technical re-check: Commentary and analysis pieces are asking whether recent weakness makes HD a buy, hold or avoid — helpful for investors re-assessing entry points but not an immediate catalyst. The write-up walks through valuation metrics amid the pullback. Is It Time To Reassess Home Depot?
• Neutral Sentiment: Broader market backdrop is bearish: analysts note major indexes fell below 200-day moving averages and sticky inflation may keep the Fed from cutting rates — a macro environment that increases volatility and investor risk aversion, which can pressure retail and cyclical names like HD. MarketBeat Week in Review
• Negative Sentiment: Unusually large put-option flow: Traders bought heavy volumes of HD puts (reports cite ~45,863 puts on a recent session, ~48% above typical daily put volume), signaling elevated hedging or outright bearish bets that can amplify near-term downside as sentiment shifts. Investors Buy High Volume of Put Options on Home Depot

Insider Transactions at Home Depot

In other news, EVP Teresa Wynn Roseborough sold 2,872 shares of the 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 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Richard V. Mcphail sold 2,550 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The shares were 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 in the company, valued at $16,439,951.74. This represents a 5.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.10% of the stock is currently owned by insiders.

Home Depot Stock Performance

Shares of HD stock opened at $321.37 on Friday. 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 firm has a fifty day simple moving average of $371.56 and a two-hundred day simple moving average of $374.21. The Home Depot, Inc. has a 12 month low of $320.26 and a 12 month high of $426.75. The firm has a market capitalization of $320.09 billion, a PE ratio of 22.58, a price-to-earnings-growth ratio of 3.59 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 for the quarter, beating analysts’ consensus estimates of $2.52 by $0.20. The firm had revenue of $38.20 billion for the quarter, compared to analyst estimates of $38.01 billion. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The business’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same period last year, the firm earned $3.13 earnings per share. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Analysts forecast that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.

Home Depot Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be given a $2.33 dividend. This represents a $9.32 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Thursday, March 12th. This is a positive change from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s payout ratio is 65.50%.

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.