Fayez Sarofim & Co Purchases 23,796 Shares of The Home Depot, Inc. $HD

Fayez Sarofim & Co grew its position in The Home Depot, Inc. (NYSE:HD) by 3.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 708,067 shares of the home improvement retailer’s stock after buying an additional 23,796 shares during the quarter. Fayez Sarofim & Co’s holdings in Home Depot were worth $286,902,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. First Commonwealth Financial Corp PA increased its stake in shares of Home Depot by 12.4% during the third quarter. First Commonwealth Financial Corp PA now owns 6,454 shares of the home improvement retailer’s stock valued at $2,615,000 after buying an additional 710 shares during the period. Focus Partners Wealth lifted its stake in Home Depot by 17.9% in the third quarter. Focus Partners Wealth now owns 531,122 shares of the home improvement retailer’s stock worth $215,172,000 after acquiring an additional 80,610 shares during the period. Disciplined Investors L.L.C. lifted its stake in Home Depot by 5.8% in the third quarter. Disciplined Investors L.L.C. now owns 1,246 shares of the home improvement retailer’s stock worth $505,000 after acquiring an additional 68 shares during the period. EFG Asset Management Americas Corp. grew its holdings in Home Depot by 5.9% during the 3rd quarter. EFG Asset Management Americas Corp. now owns 3,554 shares of the home improvement retailer’s stock worth $1,440,000 after acquiring an additional 199 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC grew its holdings in Home Depot by 25.9% during the 3rd quarter. Elevation Point Wealth Partners LLC now owns 13,903 shares of the home improvement retailer’s stock worth $5,633,000 after acquiring an additional 2,858 shares in the last quarter. Institutional investors own 70.86% of the company’s stock.

Analyst Upgrades and Downgrades

HD has been the subject of several recent research reports. HSBC reduced their price target on shares of Home Depot from $445.00 to $400.00 and set a “hold” rating for the company in a report on Wednesday, November 19th. Wells Fargo & Company lifted their price objective on shares of Home Depot from $395.00 to $420.00 and gave the company an “overweight” rating in a report on Wednesday, February 25th. Stifel Nicolaus reduced their price objective 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. KGI Securities lowered Home Depot from an “outperform” rating to a “hold” rating and set a $320.00 target price for the company. in a report on Wednesday, November 19th. Finally, Bank of America cut their price target on Home Depot from $450.00 to $430.00 and set a “buy” rating on the stock in a report on Wednesday, November 19th. Twenty investment 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 MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $416.00.

Home Depot Trading Down 0.0%

NYSE HD opened at $338.84 on Monday. The company has a quick ratio of 0.26, a current ratio of 1.06 and a debt-to-equity ratio of 3.62. The firm has a market cap of $337.32 billion, a PE ratio of 23.81, a price-to-earnings-growth ratio of 12.20 and a beta of 1.09. The company has a 50 day moving average price of $373.81 and a 200 day moving average price of $376.37. The Home Depot, Inc. has a 52 week low of $326.31 and a 52 week high of $426.75.

Home Depot (NYSE:HD) last posted its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, beating analysts’ consensus estimates 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%. Home Depot’s revenue for the quarter was down 3.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.13 earnings per share. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. As a group, sell-side 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 disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be issued a dividend of $2.33 per share. The ex-dividend date is Thursday, March 12th. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. This is a boost from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s dividend payout ratio (DPR) is currently 65.50%.

Home Depot News Roundup

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

• Positive Sentiment: TD Cowen reiterated a Buy rating on HD, a vote of confidence from a major shop that can support investor sentiment and help stabilize the stock. TD Cowen Keeps Their Buy Rating on Home Depot (HD)
• Positive Sentiment: Home Depot is rolling out real‑time delivery tracking and other digital tools aimed at pros (material lists, quotes), which should boost repeat/pro sales and margins over time. This operational progress is being cited as a reason analysts still see upside. “Focus on Improving Customer Experience”: Home Depot Stock Notches Up as Live Tracking Gets Fleshed Out
• Positive Sentiment: New exclusive merchandising (Back to the Roots’ Organic Mushroom Compost at Home Depot) expands seasonal/garden assortments and supports in‑store traffic and SKU differentiation. Back to the Roots Expands Organic Soil Portfolio with Launch of Organic Mushroom Compost Exclusively at The Home Depot
• Neutral Sentiment: HD is a “trending” search on Zacks — useful for sentiment/flow but not a directional fundamental catalyst; Zacks also issued its Q1 earnings outlook, which investors will watch against results. The Home Depot, Inc. (HD) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Some outlets note analysts are “conflicted” — a mix of Buy and Hold ratings and diverging price targets increases volatility but also means upside if housing or rates improve. Analysts Conflicted on These Consumer Cyclical Names: Cracker Barrel (CBRL) and Home Depot (HD)
• Negative Sentiment: Recent loss‑prevention/PR incidents (“pretty privilege” testing) and related headlines have pressured the stock and raised short‑term reputational and operational risk. “Pretty Privilege” Tests Send Home Depot Stock Slumping
• Negative Sentiment: Macroeconomic headwinds — US CPI rose 0.3% in Feb and high mortgage rates — are cited as weighing on renovation demand and consumer discretionary exposure, a clear negative for HD’s top line. US CPI Up 0.3% in February: Consumer Discretionary ETFs to Watch
• Negative Sentiment: Analyses flag softer home‑improvement demand and valuation pressure after recent headlines; these factors explain the recent share decline and raise the bar for near‑term catalysts. Assessing Home Depot (HD) Valuation After Loss Prevention Headlines And Softer Home Improvement Demand

Insiders Place Their Bets

In related news, CFO Richard V. Mcphail sold 2,550 shares of the company’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $368.89, for a total transaction of $940,669.50. Following the transaction, 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 position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of the 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 sale, the executive vice president owned 13,196 shares of the company’s stock, valued at approximately $4,599,069.92. This trade 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.

Home Depot Company 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.