The Home Depot, Inc. $HD Stake Lifted by Employees Retirement System of Texas

Employees Retirement System of Texas lifted its stake in shares of The Home Depot, Inc. (NYSE:HD) by 24.5% during the third quarter, Holdings Channel.com reports. The fund owned 280,162 shares of the home improvement retailer’s stock after purchasing an additional 55,211 shares during the period. Home Depot accounts for about 0.9% of Employees Retirement System of Texas’ holdings, making the stock its 19th biggest holding. Employees Retirement System of Texas’ holdings in Home Depot were worth $113,519,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in HD. Silphium Asset Management Ltd grew its holdings in shares of Home Depot by 77.2% in the 3rd quarter. Silphium Asset Management Ltd now owns 13,544 shares of the home improvement retailer’s stock worth $5,488,000 after acquiring an additional 5,900 shares during the last quarter. West Family Investments Inc. lifted its holdings in shares of Home Depot by 65.6% during the second quarter. West Family Investments Inc. now owns 3,630 shares of the home improvement retailer’s stock valued at $1,331,000 after purchasing an additional 1,438 shares during the last quarter. Truist Financial Corp boosted its position in shares of Home Depot by 0.3% in the 3rd quarter. Truist Financial Corp now owns 1,095,113 shares of the home improvement retailer’s stock valued at $443,729,000 after purchasing an additional 3,608 shares during the period. Asset Management One Co. Ltd. boosted its position in shares of Home Depot by 2.3% in the 3rd quarter. Asset Management One Co. Ltd. now owns 534,564 shares of the home improvement retailer’s stock valued at $216,600,000 after purchasing an additional 12,239 shares during the period. Finally, Atlantic Union Bankshares Corp increased its stake in Home Depot by 59.9% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 107,438 shares of the home improvement retailer’s stock worth $43,533,000 after purchasing an additional 40,232 shares in the last quarter. Institutional investors own 70.86% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Teresa Wynn Roseborough sold 2,872 shares of the stock in a transaction on Friday, December 26th. The stock was sold at an average price of $348.52, for a total transaction of $1,000,949.44. Following the completion of the sale, the executive vice president directly owned 13,196 shares in the company, valued at approximately $4,599,069.92. This trade represents a 17.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Richard V. Mcphail sold 2,550 shares of Home Depot stock in a transaction 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 sale, the chief financial officer directly 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. Company insiders own 0.10% of the company’s stock.

Home Depot News Summary

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

• Positive Sentiment: Q4 results beat expectations and management reiterated cautious FY guidance while increasing the quarterly dividend, supporting cash-flow confidence and long-term upside. MarketBeat: Home Depot stock keeps falling — analysts say the upside is still there
• Positive Sentiment: Operational investments aimed at professional customers (acquisitions, specialty products, an AI quoting tool and a new real-time delivery tracker for large/pro orders) should support steadier, higher-margin revenue even if DIY demand softens. TheStreet: Home Depot launches real-time delivery tracker
• Positive Sentiment: Analysts remain constructive overall — multiple firms raised targets after the quarter and consensus still skews toward Buy, leaving upside potential if housing or rates improve. MarketBeat: analyst coverage
• Neutral Sentiment: Long-term performance studies show Home Depot has delivered strong multi-year returns, which may comfort dividend and buy-and-hold investors but doesn’t prevent near-term volatility tied to housing. Benzinga: 15‑year returns
• Negative Sentiment: High-profile loss-prevention incidents (the so‑called “pretty privilege” tests and other viral stories) have generated negative publicity and investor concern about brand risk and store operations. TipRanks: “Pretty Privilege” tests send Home Depot stock slumping
• Negative Sentiment: Coverage notes softer home-improvement demand as higher mortgage rates and weak housing turnover cool renovation spending — a direct hit to Home Depot’s core markets and valuation. Yahoo Finance: Assessing Home Depot valuation
• Negative Sentiment: Zacks has trimmed multiple near-term and FY estimates and keeps a Hold stance, signaling analyst caution on earnings growth — a headwind for sentiment until data or guidance improves.
• Negative Sentiment: Political headlines (comments by a former CEO supporting a polarizing energy plan) have added volatility and may deter some investors sensitive to reputational or governance risk. TipRanks: former CEO backs Trump energy plan

Home Depot Trading Down 3.4%

NYSE:HD opened at $338.88 on Friday. The stock has a market cap of $337.36 billion, a PE ratio of 23.81, a price-to-earnings-growth ratio of 12.61 and a beta of 1.09. The Home Depot, Inc. has a fifty-two week low of $326.31 and a fifty-two week high of $426.75. 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 stock’s 50-day moving average is $373.95 and its two-hundred day moving average is $377.29.

Home Depot (NYSE:HD) last posted its quarterly earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share (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 during the quarter, compared to analyst estimates of $38.01 billion. During the same period in the prior year, the firm earned $3.13 earnings per share. The firm’s revenue was down 3.8% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. As a group, equities research 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 announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th will be given a $2.33 dividend. This represents a $9.32 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Thursday, March 12th. This is a positive change from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s payout ratio is currently 64.65%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on HD. Wolfe Research boosted their price objective on Home Depot from $413.00 to $414.00 and gave the stock an “outperform” rating in a report on Wednesday, February 25th. TD Cowen reissued a “buy” rating on shares of Home Depot in a research report on Thursday. Argus cut their price target on shares of Home Depot from $450.00 to $425.00 and set a “buy” rating on the stock in a report on Thursday, November 20th. Wells Fargo & Company upped their price target on shares of Home Depot from $395.00 to $420.00 and gave the company an “overweight” rating in a research report on Wednesday, February 25th. Finally, Royal Bank Of Canada raised 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 note on Wednesday, February 25th. Twenty research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $416.00.

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.