Wealth Enhancement Advisory Services LLC Has $231.53 Million Position in The Home Depot, Inc. $HD

Wealth Enhancement Advisory Services LLC lessened its stake in The Home Depot, Inc. (NYSE:HD) by 21.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 661,286 shares of the home improvement retailer’s stock after selling 185,481 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.07% of Home Depot worth $231,532,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in HD. NorthCrest Asset Manangement LLC lifted its stake in shares of Home Depot by 3.1% in the fourth quarter. NorthCrest Asset Manangement LLC now owns 104,110 shares of the home improvement retailer’s stock worth $35,823,000 after acquiring an additional 3,110 shares during the period. Thoma Capital Management LLC increased 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 valued at $339,000 after purchasing an additional 173 shares during the period. Legacy Private Trust Co. raised its holdings in Home Depot by 1.5% during the 4th quarter. Legacy Private Trust Co. now owns 9,478 shares of the home improvement retailer’s stock worth $3,261,000 after purchasing an additional 142 shares during the last quarter. Gryphon Financial Partners LLC raised its holdings in Home Depot by 6.4% during the 4th quarter. Gryphon Financial Partners LLC now owns 9,887 shares of the home improvement retailer’s stock worth $3,402,000 after purchasing an additional 597 shares during the last quarter. Finally, Sard Wealth Management Group LLC lifted its position in shares of Home Depot by 3.8% in the 4th quarter. Sard Wealth Management Group LLC now owns 3,142 shares of the home improvement retailer’s stock worth $1,081,000 after purchasing an additional 114 shares during the period. 70.86% of the stock is currently owned by institutional investors.

Home Depot Stock Performance

NYSE:HD opened at $330.79 on Tuesday. The company has a fifty day moving average of $370.68 and a 200-day moving average of $373.18. The firm has a market capitalization of $329.47 billion, a P/E ratio of 23.25, a P/E/G ratio of 3.50 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. 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 issued its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.52 by $0.20. The business had revenue of $38.20 billion for the quarter, compared to analyst estimates 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. As a group, sell-side analysts anticipate that The Home Depot, Inc. will post 15.13 EPS for the current year.

Home Depot Increases Dividend

The business 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. 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 is Thursday, March 12th. Home Depot’s dividend payout ratio (DPR) is currently 65.50%.

Insider Transactions at Home Depot

In related news, EVP Teresa Wynn Roseborough sold 2,872 shares of the business’s stock in a transaction dated 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 completion of the sale, the executive vice president directly owned 13,196 shares of the company’s stock, valued at $4,599,069.92. The trade was a 17.87% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Richard V. Mcphail sold 2,550 shares of the company’s stock in a transaction that occurred 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 transaction, the chief financial officer directly owned 44,566 shares in the company, valued at approximately $16,439,951.74. This trade represents a 5.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.10% of the stock is owned by corporate insiders.

Key Stories Impacting Home Depot

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

• Positive Sentiment: Home Depot’s recent quarter beat consensus (EPS and revenue) and management set FY2026 guidance, giving investors confidence in near‑term earnings visibility.
• Positive Sentiment: HD is expanding its Pro platform with AI-driven smart project planning and delivery/tools to help contractors manage projects and materials more efficiently — a move that can boost repeat business and margins. HD Expands Pro Platform With Smart Project Planning & AI Features
• Positive Sentiment: TipRanks highlights Home Depot clearing a charitable milestone — $1 billion in giving — which can bolster brand reputation and ESG credibility with customers and institutional investors. “$1 Billion in Charitable Giving”: Home Depot Stock (NYSE:HD) Clears Milestone, Surges
• Positive Sentiment: Local competition pressure eased in some markets after a long‑standing independent rival closed a store, reinforcing Home Depot’s scale advantage vs smaller hardware chains. 54-year-old Home Depot rival closes store, no bankruptcy
• Neutral Sentiment: Multiple outlets are comparing Home Depot to other beaten-down blue chips (e.g., McDonald’s), which can drive headline-driven flows but doesn’t change fundamentals immediately. Home Depot vs McDonald’s: Which Beaten-Down Blue Chip Is the Better Buy Right Now?
• Neutral Sentiment: General dividend-stock coverage highlights income-focused demand themes that could support interest in large, dividend-paying retailers like HD. 2 Monster Dividend Stocks to Buy and Hold Forever
• Neutral Sentiment: Broader market moves (macro headlines and trading flows) are influencing sector performance; Home Depot’s stock can be lifted or trimmed by general risk‑on / risk‑off swings. Stock Market Today: Dow Up As Trump Says This; Cathie Wood Snaps Up IPO Stock Amid 84% Dive (Live Coverage)
• Negative Sentiment: From a technical/valuation angle, HD remains below its 50‑day and 200‑day moving averages, a potential headache for momentum traders if broader selling resumes.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on HD shares. Piper Sandler reduced their price objective on shares of Home Depot from $441.00 to $422.00 and set an “overweight” rating on the stock in a research note on Monday, February 23rd. Gordon Haskett lifted their target price on shares of Home Depot from $330.00 to $370.00 and gave the stock a “hold” rating in a research note on Wednesday, February 11th. KeyCorp restated a “sector weight” rating on shares of Home Depot in a report on Wednesday, February 25th. The Goldman Sachs Group decreased their price target on Home Depot from $413.00 to $409.00 in a report on Wednesday, February 25th. Finally, Zacks Research raised Home Depot from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. Twenty research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price 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.