Richard Bernstein Advisors LLC Sells 5,059 Shares of The Home Depot, Inc. $HD

Richard Bernstein Advisors LLC decreased its stake in The Home Depot, Inc. (NYSE:HD) by 52.2% in the 3rd quarter, Holdings Channel.com reports. The firm owned 4,625 shares of the home improvement retailer’s stock after selling 5,059 shares during the quarter. Richard Bernstein Advisors LLC’s holdings in Home Depot were worth $1,874,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Brighton Jones LLC increased its stake in shares of Home Depot by 36.5% in the fourth quarter. Brighton Jones LLC now owns 26,918 shares of the home improvement retailer’s stock valued at $10,471,000 after buying an additional 7,203 shares during the period. Sivia Capital Partners LLC grew its position in shares of Home Depot by 7.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 2,598 shares of the home improvement retailer’s stock valued at $952,000 after buying an additional 173 shares during the last quarter. Ignite Planners LLC raised its position in shares of Home Depot by 0.7% during the second quarter. Ignite Planners LLC now owns 6,526 shares of the home improvement retailer’s stock worth $2,346,000 after acquiring an additional 47 shares during the last quarter. Schnieders Capital Management LLC. lifted its stake in shares of Home Depot by 14.1% in the second quarter. Schnieders Capital Management LLC. now owns 11,587 shares of the home improvement retailer’s stock worth $4,248,000 after acquiring an additional 1,433 shares during the period. Finally, Fox Run Management L.L.C. bought a new stake in Home Depot in the second quarter valued at approximately $898,000. Institutional investors own 70.86% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on HD. Truist Financial set a $424.00 price target on shares of Home Depot in a report on Tuesday, February 24th. Royal Bank Of Canada increased their price objective on shares of Home Depot from $363.00 to $377.00 and gave the stock a “sector perform” rating in a research report on Wednesday, February 25th. Citigroup lifted their target price on shares of Home Depot from $407.00 to $450.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Weiss Ratings restated a “hold (c+)” rating on shares of Home Depot in a report on Monday, December 29th. Finally, Stifel Nicolaus decreased their price target on Home Depot from $370.00 to $350.00 and set a “hold” rating for the company in a report on Monday, December 1st. 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 stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $416.00.

Home Depot Price Performance

HD stock opened at $353.35 on Tuesday. The company has a debt-to-equity ratio of 3.62, a current ratio of 1.06 and a quick ratio of 0.26. The company’s 50-day moving average is $373.70 and its 200-day moving average is $378.14. The stock has a market capitalization of $351.76 billion, a PE ratio of 24.83, a price-to-earnings-growth ratio of 12.86 and a beta of 1.09. The Home Depot, Inc. has a 1 year low of $326.31 and a 1 year high of $426.75.

Home Depot (NYSE:HD) last posted its quarterly earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, topping analysts’ consensus estimates of $2.52 by $0.20. The business had revenue of $38.20 billion for the quarter, compared to the consensus estimate of $38.01 billion. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.The firm’s revenue for the quarter was down 3.8% on a year-over-year basis. During the same period in the prior year, the business earned $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Equities research analysts expect that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.

Home Depot Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be issued a $2.33 dividend. The ex-dividend date is Thursday, March 12th. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.6%. This is an increase from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s dividend payout ratio (DPR) is 64.65%.

Insider Buying and Selling at Home Depot

In other Home Depot news, EVP Angie Brown sold 1,946 shares of the business’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $357.63, for a total transaction of $695,947.98. Following the completion of the sale, the executive vice president owned 3,941 shares in the company, valued at approximately $1,409,419.83. The trade was a 33.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Richard V. Mcphail sold 2,550 shares of the firm’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $368.89, for a total transaction of $940,669.50. Following the completion of the transaction, 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. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 7,513 shares of company stock worth $2,689,515. 0.10% of the stock is owned by company insiders.

More Home Depot News

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

• Positive Sentiment: Q4/earnings context and stronger big-ticket sales: HD reported a quarterly EPS beat and set FY2026 guidance, and recent coverage highlights rising purchases above $1,000 driven by Pro customers — supporting higher average ticket even as transaction counts fall. Home Depot Sees Higher Big Ticket Sales: Is Pro Demand Driving Growth?
• Neutral Sentiment: Insider sale disclosure: A recent filing shows Sen. Sheldon Whitehouse sold just over $5K of HD shares; the size is small and not unusual but can attract short-term headlines. Recent Filing Shows That Sen. Sheldon Whitehouse Sold Over $5K Worth of Home Depot Stock
• Neutral Sentiment: Longer-term performance notes: Analyst pieces flag that HD has underperformed the S&P over multi-year windows and outline risks and considerations for new buyers — useful context but not an immediate catalyst. 3 Things to Know About Home Depot Stock Before You Buy
• Negative Sentiment: Month-long share weakness and macro headwinds: Coverage notes HD has slid roughly 8% over the past month as weak housing turnover and cautious consumers weigh on sales expectations — a clear near-term drag on the share price. Home Depot Slides 8% in a Month: A Buy Opportunity or Warning Sign?
• Negative Sentiment: Loss-prevention incident: Reports of a weekend loss-prevention “workout” (significant shoplifting/prevention activity) have been cited as a trigger for short-term share weakness, raising concerns about shrink-related costs and operational disruptions. Home Depot Stock (NYSE:HD) Plunges as Loss Prevention Gets a Workout

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.