The Home Depot, Inc. $HD Shares Sold by Sarasin & Partners LLP

Sarasin & Partners LLP lowered its position in shares of The Home Depot, Inc. (NYSE:HD) by 1.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 692,440 shares of the home improvement retailer’s stock after selling 12,990 shares during the period. Home Depot comprises about 2.5% of Sarasin & Partners LLP’s holdings, making the stock its 14th largest position. Sarasin & Partners LLP’s holdings in Home Depot were worth $238,269,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Tuttle Capital Management LLC boosted its holdings in shares of Home Depot by 42.3% in the fourth quarter. Tuttle Capital Management LLC now owns 2,249 shares of the home improvement retailer’s stock valued at $774,000 after acquiring an additional 668 shares during the period. American National Bank of Texas increased its holdings in shares of Home Depot by 3.2% in the 4th quarter. American National Bank of Texas now owns 932 shares of the home improvement retailer’s stock valued at $321,000 after acquiring an additional 29 shares during the period. Occidental Asset Management LLC increased its holdings in shares of Home Depot by 1.1% in the 4th quarter. Occidental Asset Management LLC now owns 15,307 shares of the home improvement retailer’s stock valued at $5,267,000 after acquiring an additional 169 shares during the period. Kure Advisory LLC purchased a new stake in Home Depot in the 4th quarter valued at $264,000. Finally, Sovereign Financial Group Inc. raised its position in Home Depot by 4.1% in the 4th quarter. Sovereign Financial Group Inc. now owns 3,534 shares of the home improvement retailer’s stock valued at $1,216,000 after purchasing an additional 138 shares during the last quarter. 70.86% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Home Depot

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

• Positive Sentiment: Home Depot added AI-driven planning and smart project tools to its Pro platform, a direct push to win and retain professional contractor customers and improve margins for that higher-frequency segment. HD Expands Pro Platform
• Positive Sentiment: Coverage highlighting Home Depot’s milestone of $1 billion in charitable giving reinforces brand strength and community goodwill, which can support consumer preference and investor sentiment. $1 Billion Giving Milestone
• Positive Sentiment: Industry consolidation pressure: closures at independent rivals (True Value/Ace franchise stores) underscore Home Depot’s scale advantage and pricing/assortment edge in the home-improvement market. Rival Store Closure
• Neutral Sentiment: Multiple retail-investing roundup pieces compare Home Depot to other blue chips (e.g., McDonald’s), which can amplify trading volume but are not new company developments. Home Depot vs McDonald’s (AOL)
• Neutral Sentiment: Broader market moves and headlines (political comments, big-name investors buying/selling other names) are moving indices and risk appetite, which can lift or pressure cyclical retailers like HD. Market Coverage
• Negative Sentiment: Analyst and retail commentary note Home Depot is roughly 25% below its prior peak, a reminder of recent sell-off that pressurizes multiples even as dividend yield increases; this valuation reset is the primary reason value-focused articles are promoting HD as a buy. Dividend Stocks Down

Insider Transactions at Home Depot

In other news, CFO Richard V. Mcphail sold 2,550 shares of the stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $368.89, for a total transaction of $940,669.50. Following the completion of the transaction, the chief financial officer directly owned 44,566 shares of the company’s stock, valued at approximately $16,439,951.74. This represents a 5.41% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of the firm’s stock in a transaction that occurred 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 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 SEC filing for this sale provides additional information. 0.10% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. Wall Street Zen raised shares of Home Depot from a “sell” rating to a “hold” rating in a research report on Saturday. TD Cowen reaffirmed a “buy” rating on shares of Home Depot in a report on Thursday, March 12th. Stifel Nicolaus decreased 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 note on Monday, December 1st. Zacks Research raised Home Depot from a “strong sell” rating to a “hold” rating in a report on Monday, February 9th. Finally, Piper Sandler dropped their price target on Home Depot from $441.00 to $422.00 and set an “overweight” rating on the stock in a research report on Monday, February 23rd. Twenty research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Home Depot currently has an average rating of “Moderate Buy” and a consensus target price of $416.00.

Home Depot Stock Performance

Shares of HD opened at $330.79 on Tuesday. The stock has a market capitalization of $329.47 billion, a P/E ratio of 23.25, a P/E/G ratio of 3.50 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. The Home Depot, Inc. has a 1 year low of $320.26 and a 1 year high of $426.75. The company’s fifty day moving average is $370.68 and its two-hundred day moving average is $373.18.

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 company 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%. The business’s revenue was down 3.8% on a year-over-year basis. During the same quarter last year, the business 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 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 given a $2.33 dividend. The ex-dividend date is Thursday, March 12th. 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 yield of 2.8%. Home Depot’s payout ratio is 65.50%.

About Home Depot

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.