Moors & Cabot Inc. cut its position in The Home Depot, Inc. (NYSE:HD – Free Report) by 6.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,884 shares of the home improvement retailer’s stock after selling 3,009 shares during the period. Home Depot accounts for 0.7% of Moors & Cabot Inc.’s holdings, making the stock its 25th largest position. Moors & Cabot Inc.’s holdings in Home Depot were worth $16,971,000 at the end of the most recent quarter.
Several other large investors have also recently made changes to their positions in the company. Norges Bank acquired a new stake in shares of Home Depot in the second quarter valued at about $4,885,603,000. Laurel Wealth Advisors LLC lifted its stake in shares of Home Depot by 36,207.5% in the second quarter. Laurel Wealth Advisors LLC now owns 10,076,783 shares of the home improvement retailer’s stock worth $3,694,552,000 after buying an additional 10,049,029 shares in the last quarter. Wellington Management Group LLP boosted its position in Home Depot by 60.8% during the third quarter. Wellington Management Group LLP now owns 10,143,089 shares of the home improvement retailer’s stock worth $4,109,878,000 after acquiring an additional 3,836,051 shares during the last quarter. Vanguard Group Inc. grew its stake in Home Depot by 1.5% during the 2nd quarter. Vanguard Group Inc. now owns 97,978,814 shares of the home improvement retailer’s stock valued at $35,922,952,000 after acquiring an additional 1,494,615 shares in the last quarter. Finally, Franklin Resources Inc. raised its holdings in Home Depot by 37.6% in the 3rd quarter. Franklin Resources Inc. now owns 3,806,308 shares of the home improvement retailer’s stock valued at $1,542,278,000 after acquiring an additional 1,040,577 shares during the last quarter. 70.86% of the stock is currently owned by hedge funds and other institutional investors.
Trending Headlines about Home Depot
Here are the key news stories impacting Home Depot this week:
- Positive Sentiment: Home Depot launched a real-time delivery tracker for large/bulky materials tailored to Pro customers, offering minute-by-minute GPS updates to reduce jobsite delays and improve scheduling — a direct product that can deepen Pro loyalty and drive repeat sales. Home Depot Bets On Real Time Delivery Tracking To Deepen Pro Loyalty
- Positive Sentiment: Analyst and industry write-ups highlight the tracker as an omnichannel enhancement for bulky-item logistics, which strengthens Home Depot’s value proposition to contractors and could improve conversion and margin on Pro orders. Home Depot’s Real-Time Delivery Tracking Enhances Omnichannel Momentum
- Positive Sentiment: UBS raised its price target on HD to $450 (from $430) and stayed constructive, cited in coverage of the company’s Pro initiatives — a higher target from a major bank supports investor sentiment and valuation multiple expansion. The Home Depot, Inc. (HD) Launches Real-Time Delivery Tracker for Pro Customers
- Positive Sentiment: Analyst consensus remains favorable — coverage summaries show an average “Moderate Buy” recommendation, which underpins buying interest as the company executes on Pro and omnichannel initiatives. The Home Depot, Inc. (NYSE:HD) Receives Average Recommendation of “Moderate Buy” from Analysts
- Neutral Sentiment: Longer-term retail roundups include Home Depot among durable retail ideas, which is supportive for buy-and-hold investors but is less likely to move the stock in the near term compared with company-specific catalysts. The Best 4 Retail Stocks to Buy and Hold for Decades
- Neutral Sentiment: Recent bullish write-ups recap HD’s valuation and fundamentals (trailing/forward P/E, recent EPS beat of $2.72 vs. $2.52 estimate, and FY2026 EPS guidance range), offering a mixed picture of modest revenue pressure but strong profitability metrics. These fundamentals provide context but are already reflected in current estimates. Is The Home Depot, Inc. (HD) A Good Stock To Buy Now?
Insider Activity at Home Depot
Wall Street Analysts Forecast Growth
HD has been the topic of several recent research reports. Daiwa Securities Group boosted their target price on Home Depot from $360.00 to $390.00 and gave the stock a “neutral” rating in a report on Thursday, February 26th. Jefferies Financial Group upped their target price on Home Depot from $424.00 to $454.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. Stifel Nicolaus reduced their price target on Home Depot from $370.00 to $350.00 and set a “hold” rating on the stock in a report on Monday, December 1st. Argus lowered their price target on shares of Home Depot from $450.00 to $425.00 and set a “buy” rating on the stock in a research report on Thursday, November 20th. Finally, Morgan Stanley upped their price objective on shares of Home Depot from $412.00 to $420.00 and gave the company an “overweight” rating in a report on Wednesday, February 25th. Twenty investment 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.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $416.00.
View Our Latest Report on Home Depot
Home Depot Price Performance
NYSE:HD opened at $342.44 on Tuesday. The Home Depot, Inc. has a 52 week low of $326.31 and a 52 week high of $426.75. The stock’s fifty day moving average is $373.77 and its two-hundred day moving average is $375.91. The company has a market capitalization of $340.90 billion, a P/E ratio of 24.06, a P/E/G ratio of 12.20 and a beta of 1.09. The company has a quick ratio of 0.26, a current ratio of 1.06 and a debt-to-equity ratio of 3.62.
Home Depot (NYSE:HD – Get Free Report) last issued its quarterly earnings data 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. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.The firm had revenue of $38.20 billion during the quarter, compared to the consensus estimate of $38.01 billion. During the same period last year, the company earned $3.13 EPS. The company’s quarterly revenue was down 3.8% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Equities analysts expect that The Home Depot, Inc. will post 15.13 EPS for the current year.
Home Depot Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be paid a $2.33 dividend. This is a positive change 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 dividend on an annualized basis and a dividend yield of 2.7%. Home Depot’s payout ratio is presently 65.50%.
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.
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