The Home Depot, Inc. $HD Shares Sold by Spartan Planning & Wealth Management

Spartan Planning & Wealth Management cut its position in The Home Depot, Inc. (NYSE:HD) by 70.7% during the 4th quarter, HoldingsChannel reports. The firm owned 786 shares of the home improvement retailer’s stock after selling 1,894 shares during the quarter. Spartan Planning & Wealth Management’s holdings in Home Depot were worth $270,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Gradient Investments LLC increased its stake in shares of Home Depot by 2.2% in the fourth quarter. Gradient Investments LLC now owns 38,726 shares of the home improvement retailer’s stock valued at $13,325,000 after purchasing an additional 837 shares during the period. M. Kulyk & Associates LLC grew its holdings in Home Depot by 3.0% in the 4th quarter. M. Kulyk & Associates LLC now owns 27,116 shares of the home improvement retailer’s stock worth $9,331,000 after buying an additional 786 shares in the last quarter. Armstrong Advisory Group Inc. increased its position in Home Depot by 4.7% in the 4th quarter. Armstrong Advisory Group Inc. now owns 4,046 shares of the home improvement retailer’s stock valued at $1,392,000 after acquiring an additional 181 shares during the period. NorthCrest Asset Manangement LLC raised its stake in Home Depot by 3.1% during the 4th quarter. NorthCrest Asset Manangement LLC now owns 104,110 shares of the home improvement retailer’s stock valued at $35,823,000 after acquiring an additional 3,110 shares in the last quarter. Finally, Thoma Capital Management LLC boosted its position in Home Depot by 21.3% during the 4th quarter. Thoma Capital Management LLC now owns 984 shares of the home improvement retailer’s stock worth $339,000 after acquiring an additional 173 shares during the period. Institutional investors own 70.86% of the company’s stock.

Trending Headlines about 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

Home Depot Stock Performance

NYSE:HD opened at $330.79 on Tuesday. The company has a 50-day moving average of $370.68 and a 200-day moving average of $373.18. The firm has a market cap of $329.47 billion, a price-to-earnings ratio of 23.25, a price-to-earnings-growth ratio of 3.50 and a beta of 1.09. 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 Home Depot, Inc. has a twelve month low of $320.26 and a twelve month high of $426.75.

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 analysts’ consensus estimates of $2.52 by $0.20. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The business had revenue of $38.20 billion for the quarter, compared to the consensus estimate of $38.01 billion. During the same period in the previous year, the firm earned $3.13 EPS. The business’s revenue for the quarter was down 3.8% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Analysts forecast that The Home Depot, Inc. will post 15.13 earnings per share for the current fiscal year.

Home Depot Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th will be issued a $2.33 dividend. This is an increase from Home Depot’s previous quarterly dividend of $2.30. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Thursday, March 12th. Home Depot’s dividend payout ratio is currently 65.50%.

Analysts Set New Price Targets

HD has been the topic of a number of research analyst reports. Royal Bank Of Canada raised their price target on Home Depot from $363.00 to $377.00 and gave the company a “sector perform” rating in a report on Wednesday, February 25th. DA Davidson increased their price objective on shares of Home Depot from $407.00 to $445.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. Stifel Nicolaus lowered their price objective on shares of Home Depot from $370.00 to $350.00 and set a “hold” rating on the stock in a research note on Monday, December 1st. Gordon Haskett boosted their target price on Home Depot from $330.00 to $370.00 and gave the stock a “hold” rating in a report on Wednesday, February 11th. Finally, Oppenheimer cut their target price on Home Depot from $420.00 to $405.00 and set a “market perform” rating for the company in a research report on Friday, December 5th. 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, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $416.00.

Insiders Place Their Bets

In related news, EVP Teresa Wynn Roseborough sold 2,872 shares of Home Depot stock in a transaction on Friday, December 26th. The stock was sold at an average price of $348.52, for a total value of $1,000,949.44. Following the transaction, the executive vice president directly owned 13,196 shares in the company, valued at $4,599,069.92. The trade was a 17.87% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Richard V. Mcphail sold 2,550 shares of the business’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 in the company, valued at $16,439,951.74. This trade represents a 5.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.10% of the stock is currently owned by corporate insiders.

Home Depot 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.