Wealth Enhancement Advisory Services LLC Sells 185,481 Shares of The Home Depot, Inc. $HD

Wealth Enhancement Advisory Services LLC decreased its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 21.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 661,286 shares of the home improvement retailer’s stock after selling 185,481 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Home Depot were worth $231,532,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Vanguard Group Inc. increased its position in shares of 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 in the last quarter. State Street Corp raised its holdings in shares of 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 worth $16,871,246,000 after acquiring an additional 300,352 shares during the last quarter. Norges Bank bought a new position in Home Depot in the 2nd quarter valued at about $4,885,603,000. Capital Research Global Investors boosted its stake in 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. Finally, Wellington Management Group LLP boosted its stake in Home Depot by 60.8% during the 3rd quarter. Wellington Management Group LLP now owns 10,143,089 shares of the home improvement retailer’s stock valued at $4,109,878,000 after purchasing an additional 3,836,051 shares during the last quarter. 70.86% of the stock is owned by institutional investors.

Insider Transactions at Home Depot

In other news, EVP Teresa Wynn Roseborough sold 2,872 shares of Home Depot stock in a transaction dated 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 completion of the transaction, the executive vice president owned 13,196 shares in the company, valued at $4,599,069.92. This trade represents a 17.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Richard V. Mcphail sold 2,550 shares of the business’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 transaction of $940,669.50. Following the completion of the sale, the chief financial officer directly owned 44,566 shares in the company, valued at approximately $16,439,951.74. This trade represents a 5.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

HD has been the subject of several analyst reports. Guggenheim increased their price objective on Home Depot from $400.00 to $425.00 and gave the stock a “buy” rating in a research note on Wednesday, February 25th. Gordon Haskett lifted their target price on Home Depot from $330.00 to $370.00 and gave the company a “hold” rating in a research report on Wednesday, February 11th. Stifel Nicolaus decreased their price target on Home Depot from $370.00 to $350.00 and set a “hold” rating for the company in a report on Monday, December 1st. Telsey Advisory Group increased their price target on Home Depot from $410.00 to $435.00 and gave the company an “outperform” rating in a research report on Wednesday, February 25th. Finally, DA Davidson raised their price objective on Home Depot from $407.00 to $445.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. Twenty equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Home Depot has an average rating of “Moderate Buy” and an average price target of $416.00.

Home Depot Trading Up 3.1%

NYSE:HD opened at $330.79 on Tuesday. The Home Depot, Inc. has a 12 month low of $320.26 and a 12 month high of $426.75. 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’s 50 day moving average is $370.68 and its 200 day moving average is $373.18. The stock has a market capitalization of $329.47 billion, a PE ratio of 23.25, a price-to-earnings-growth ratio of 3.50 and a beta of 1.09.

Home Depot (NYSE:HD) last released its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.52 by $0.20. The business had revenue of $38.20 billion during the quarter, compared to the consensus estimate of $38.01 billion. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.The business’s revenue for the quarter was down 3.8% on a year-over-year basis. During the same period last year, the business posted $3.13 earnings per share. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Sell-side analysts expect that The Home Depot, Inc. will post 15.13 earnings per share for the current year.

Home Depot Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be issued a $2.33 dividend. This is an increase 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 annualized dividend and a yield of 2.8%. Home Depot’s payout ratio is 65.50%.

Trending Headlines about Home Depot

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

• Positive Sentiment: Home Depot’s recent quarter beat consensus (EPS and revenue) and management set FY2026 guidance, giving investors confidence in near‑term earnings visibility.
• Positive Sentiment: HD is expanding its Pro platform with AI-driven smart project planning and delivery/tools to help contractors manage projects and materials more efficiently — a move that can boost repeat business and margins. HD Expands Pro Platform With Smart Project Planning & AI Features
• Positive Sentiment: TipRanks highlights Home Depot clearing a charitable milestone — $1 billion in giving — which can bolster brand reputation and ESG credibility with customers and institutional investors. “$1 Billion in Charitable Giving”: Home Depot Stock (NYSE:HD) Clears Milestone, Surges
• Positive Sentiment: Local competition pressure eased in some markets after a long‑standing independent rival closed a store, reinforcing Home Depot’s scale advantage vs smaller hardware chains. 54-year-old Home Depot rival closes store, no bankruptcy
• Neutral Sentiment: Multiple outlets are comparing Home Depot to other beaten-down blue chips (e.g., McDonald’s), which can drive headline-driven flows but doesn’t change fundamentals immediately. Home Depot vs McDonald’s: Which Beaten-Down Blue Chip Is the Better Buy Right Now?
• Neutral Sentiment: General dividend-stock coverage highlights income-focused demand themes that could support interest in large, dividend-paying retailers like HD. 2 Monster Dividend Stocks to Buy and Hold Forever
• Neutral Sentiment: Broader market moves (macro headlines and trading flows) are influencing sector performance; Home Depot’s stock can be lifted or trimmed by general risk‑on / risk‑off swings. Stock Market Today: Dow Up As Trump Says This; Cathie Wood Snaps Up IPO Stock Amid 84% Dive (Live Coverage)
• Negative Sentiment: From a technical/valuation angle, HD remains below its 50‑day and 200‑day moving averages, a potential headache for momentum traders if broader selling resumes.

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.