Tradewinds Capital Management LLC Decreases Stake in The Home Depot, Inc. $HD

Tradewinds Capital Management LLC lowered its stake in The Home Depot, Inc. (NYSE:HD) by 72.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 766 shares of the home improvement retailer’s stock after selling 2,000 shares during the quarter. Tradewinds Capital Management LLC’s holdings in Home Depot were worth $264,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Parvin Asset Management LLC raised its holdings in Home Depot by 110.0% during the 3rd quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock valued at $26,000 after buying an additional 33 shares during the last quarter. Financially Speaking Inc purchased a new stake in Home Depot during the 3rd quarter valued at $31,000. Sagard Holdings Management Inc. bought a new stake in Home Depot in the 2nd quarter worth $29,000. Imprint Wealth LLC purchased a new position in shares of Home Depot in the third quarter valued at about $34,000. Finally, Dougherty Wealth Advisers LLC purchased a new position in shares of Home Depot in the third quarter valued at about $38,000. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Home Depot News Summary

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

• Positive Sentiment: SRS Distribution (Home Depot subsidiary) agreed to acquire Mingledorff’s, a wholesale HVAC distributor, strengthening HD’s Pro channel, product breadth and local distribution for contractors — a revenue diversification and margin-supporting move. Home Depot Expands Pro Business With HVAC Distributor Acquisition
• Positive Sentiment: Home Depot is pushing AI features to create a frictionless omnichannel shopping journey and says its stores are “never been more relevant,” signaling investment in tech-driven traffic and conversion improvements. This supports longer-term comps and customer retention. In the age of AI, Home Depot’s stores have ‘never been more relevant’
• Positive Sentiment: Telsey Advisory Group assigned an “Outperform” rating to HD, which can bolster sentiment among institutional buyers and supports the view that shares have upside vs. peers. Home Depot Earns “Outperform” Rating from Telsey Advisory Group
• Neutral Sentiment: Home Depot’s CFO, Richard McPhail, will present at the J.P. Morgan Retail Round Up Forum on April 9 — a routine investor event that may provide updated color but is not an earnings release. The Home Depot to Present at the J.P. Morgan Retail Round Up Forum
• Neutral Sentiment: Coverage remains mixed — reports note analysts are conflicted on Home Depot and other consumer-cyclical names, which can create volatility as investors parse macro and housing signals. Analysts Conflicted on These Consumer Cyclical Names: Home Depot (HD)
• Negative Sentiment: Market coverage notes near-term share weakness (recent daily declines reported), reflecting profit-taking or sensitivity to lower comparable sales trends and broader market moves; that intraday pressure is weighing on the stock today. Home Depot (HD) Stock Moves -1.23%: What You Should Know

Wall Street Analyst Weigh In

HD has been the subject of several recent analyst reports. Sanford C. Bernstein increased their target price on shares of Home Depot from $381.00 to $390.00 and gave the stock a “market perform” rating in a report on Wednesday, February 25th. BNP Paribas Exane reduced their price target on Home Depot from $391.00 to $348.00 and set a “neutral” rating on the stock in a report on Tuesday, March 24th. The Goldman Sachs Group lowered their price target on Home Depot from $413.00 to $409.00 in a research report on Wednesday, February 25th. Guggenheim increased their price objective on Home Depot from $400.00 to $425.00 and gave the stock a “buy” rating in a report on Wednesday, February 25th. Finally, Robert W. Baird lifted their price objective on Home Depot from $400.00 to $430.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 17th. Twenty equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $414.52.

Home Depot Trading Down 2.1%

Shares of HD opened at $321.54 on Friday. The Home Depot, Inc. has a 1-year low of $320.26 and a 1-year 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 price is $366.65 and its 200-day moving average price is $370.98. The firm has a market capitalization of $320.26 billion, a price-to-earnings ratio of 22.60, a PEG ratio of 3.51 and a beta of 1.09.

Home Depot (NYSE:HD) last released its quarterly 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 company had revenue of $38.20 billion during the quarter, compared to the consensus estimate 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 was down 3.8% on a year-over-year basis. During the same period in the prior year, the firm earned $3.13 earnings per share. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Sell-side analysts anticipate that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were given a dividend of $2.33 per share. This is a boost from Home Depot’s previous quarterly dividend of $2.30. This represents a $9.32 annualized dividend and a dividend yield of 2.9%. The ex-dividend date was Thursday, March 12th. Home Depot’s dividend payout ratio is presently 65.50%.

Insider Buying and Selling at Home Depot

In related news, CFO Richard V. Mcphail sold 2,550 shares of the company’s 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 directly owned 44,566 shares of the company’s stock, valued at $16,439,951.74. This represents a 5.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.10% of the stock is owned by corporate insiders.

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.