The Home Depot, Inc. $HD Shares Purchased by Mackenzie Financial Corp

Mackenzie Financial Corp raised its stake in The Home Depot, Inc. (NYSE:HD) by 4.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 954,984 shares of the home improvement retailer’s stock after purchasing an additional 40,529 shares during the period. Mackenzie Financial Corp owned 0.10% of Home Depot worth $386,950,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in HD. Sagard Holdings Management Inc. acquired a new position in shares of Home Depot in the 2nd quarter valued at $29,000. Financially Speaking Inc acquired a new stake in Home Depot during the 3rd quarter worth $31,000. Dougherty Wealth Advisers LLC acquired a new stake in Home Depot during the 3rd quarter worth $38,000. Marquette Asset Management LLC purchased a new stake in Home Depot in the third quarter valued at $38,000. Finally, AXS Investments LLC purchased a new stake in Home Depot in the third quarter valued at $38,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Analyst Ratings Changes

HD has been the topic of several research reports. Citigroup raised their price objective on Home Depot from $407.00 to $450.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Bank of America reduced their target price on Home Depot from $450.00 to $430.00 and set a “buy” rating for the company in a report on Wednesday, November 19th. Wall Street Zen cut Home Depot from a “hold” rating to a “sell” rating in a research report on Friday, November 28th. Truist Financial set a $424.00 price target on Home Depot in a research note on Tuesday, February 24th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Home Depot in a research report on Monday, December 29th. Twenty equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Home Depot presently has an average rating of “Moderate Buy” and a consensus target price of $416.00.

Insider Activity

In related news, EVP Teresa Wynn Roseborough sold 2,872 shares of the stock in a transaction dated 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 directly owned 13,196 shares of the company’s stock, valued at $4,599,069.92. This represents a 17.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Richard V. Mcphail sold 2,550 shares of the firm’s stock in a transaction dated 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 sale, the chief financial officer owned 44,566 shares of the company’s stock, valued at approximately $16,439,951.74. The trade was a 5.41% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 7,513 shares of company stock valued at $2,689,515. 0.10% of the stock is owned by insiders.

Home Depot News Roundup

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

• Positive Sentiment: Foundation grants boost long‑term Pro pipeline — The Home Depot Foundation expanded its Path to Pro Education Grants with a $1 million 2026 investment (up to $10,000 per program) to upgrade trade training facilities and attract new skilled workers, supporting future professional contractor demand in Home Depot’s core customer segment. Home Depot Targets Skilled Labor Gap To Support Long Term Pro Demand PR Newswire: Path to Pro Grants
• Positive Sentiment: Rising big‑ticket purchases driven by Pro customers — Q4 data shows an increase in transactions >$1,000 and higher average ticket, suggesting professional customers are spending more even as overall transaction counts soften; supports revenue quality and margins if trend continues. Home Depot Sees Higher Big Ticket Sales Zacks: Big Ticket Sales
• Neutral Sentiment: Insider/official selling noted but immaterial — Filings show Senator Sheldon Whitehouse sold just over $5K of HD stock; routine small sales by public figures draw attention but are not large enough to signal a major insider shift. Sen. Sheldon Whitehouse Sold HD Stock American Banking News: Insider Sale
• Neutral Sentiment: Analyst/opinion pieces weigh long‑term case vs. peers — Coverage comparing Home Depot to peers like Costco and ‘things to know before you buy’ pieces provide context on valuation and risks but don’t present new company-specific catalysts. Costco vs. Home Depot analysis Fool: 3 Things to Know
• Negative Sentiment: Shares have pulled back amid weaker housing turnover and cautious consumers — Coverage highlighting an ~8% monthly slide points to macro headwinds (slower housing activity, lower transactions) that could pressure near‑term comps and guidance if trends persist. Home Depot Slides 8% in a Month Zacks: Slide 8% Coverage
• Negative Sentiment: Loss‑prevention incidents drew attention — Reports of an incident-packed weekend and heightened shoplifting activity prompted headlines about operational risk and inventory loss, a potential margin headwind if elevated. TipRanks: Loss Prevention Story

Home Depot Price Performance

Home Depot stock opened at $357.15 on Wednesday. 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 business has a 50 day simple moving average of $373.92 and a 200-day simple moving average of $377.75. The Home Depot, Inc. has a 12 month low of $326.31 and a 12 month high of $426.75. The stock has a market capitalization of $355.54 billion, a PE ratio of 25.10, a price-to-earnings-growth ratio of 12.71 and a beta of 1.09.

Home Depot (NYSE:HD) last posted its quarterly earnings data on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, beating analysts’ consensus estimates 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 net margin of 8.60% and a return on equity of 134.32%. Home Depot’s quarterly revenue was down 3.8% on a year-over-year basis. During the same period last year, the firm posted $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Equities analysts predict that The Home Depot, Inc. will post 15.13 earnings per share for the current year.

Home Depot Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be issued a $2.33 dividend. The ex-dividend date of this dividend is Thursday, March 12th. This is a positive change from Home Depot’s previous quarterly dividend of $2.30. This represents a $9.32 annualized dividend and a dividend yield of 2.6%. Home Depot’s payout ratio is presently 64.65%.

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.