Sarasin & Partners LLP Lowers Stock Holdings in The Home Depot, Inc. $HD

Sarasin & Partners LLP reduced its position in The Home Depot, Inc. (NYSE:HD) by 1.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 692,440 shares of the home improvement retailer’s stock after selling 12,990 shares during the quarter. Home Depot makes up approximately 2.5% of Sarasin & Partners LLP’s portfolio, making the stock its 14th biggest position. Sarasin & Partners LLP owned 0.07% of Home Depot worth $238,269,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Parvin Asset Management LLC increased its stake 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 worth $26,000 after buying an additional 33 shares during the period. Financially Speaking Inc purchased a new position in Home Depot in the 3rd quarter valued at approximately $31,000. Sagard Holdings Management Inc. purchased a new position in Home Depot in the 2nd quarter valued at approximately $29,000. Imprint Wealth LLC acquired a new position in shares of Home Depot in the third quarter worth $34,000. Finally, Dougherty Wealth Advisers LLC acquired a new position in shares of Home Depot in the third quarter worth $38,000. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

Home Depot News Summary

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 Activity

In other Home Depot news, CFO Richard V. Mcphail sold 2,550 shares of the stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $368.89, for a total value of $940,669.50. Following the transaction, the chief financial officer directly owned 44,566 shares in the company, 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 SEC, which is available at this hyperlink. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of the stock in a transaction that occurred on Friday, December 26th. The shares were sold at an average price of $348.52, for a total transaction 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 represents a 17.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.10% of the stock is currently owned by company insiders.

Home Depot Price Performance

Home Depot stock opened at $330.79 on Tuesday. 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 company has a fifty day simple moving average of $370.68 and a 200-day simple moving average of $373.18. The stock has a market cap of $329.47 billion, a P/E ratio of 23.25, a price-to-earnings-growth ratio of 3.50 and a beta of 1.09. The Home Depot, Inc. has a 12-month low of $320.26 and a 12-month 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 the consensus estimate of $2.52 by $0.20. The firm had revenue of $38.20 billion for the quarter, compared to analyst estimates of $38.01 billion. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.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. Equities analysts expect that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.

Home Depot Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be given a dividend of $2.33 per share. This is a boost 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 dividend yield of 2.8%. Home Depot’s dividend payout ratio is 65.50%.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. Robert W. Baird increased their price objective on Home Depot from $400.00 to $430.00 and gave the company an “outperform” rating in a research note on Tuesday, February 17th. TD Cowen reissued a “buy” rating on shares of Home Depot in a research note on Thursday, March 12th. Telsey Advisory Group upped their price target on Home Depot from $410.00 to $435.00 and gave the stock an “outperform” rating in a report on Wednesday, February 25th. BNP Paribas Exane increased their price target on Home Depot from $355.00 to $391.00 in a research report on Wednesday, February 25th. Finally, KeyCorp reiterated a “sector weight” rating on shares of Home Depot in a research note on Wednesday, February 25th. Twenty analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Home Depot currently has a consensus rating of “Moderate Buy” and an average price target of $416.00.

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.