Kathmere Capital Management LLC Buys 1,719 Shares of The Home Depot, Inc. $HD

Kathmere Capital Management LLC boosted its stake in The Home Depot, Inc. (NYSE:HD) by 22.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 9,387 shares of the home improvement retailer’s stock after buying an additional 1,719 shares during the quarter. Kathmere Capital Management LLC’s holdings in Home Depot were worth $3,230,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. CPA Asset Management Group LLC bought a new stake in shares of Home Depot during the fourth quarter valued at approximately $354,000. Triangle Securities Wealth Management raised its holdings in Home Depot by 3.8% in the fourth quarter. Triangle Securities Wealth Management now owns 947 shares of the home improvement retailer’s stock worth $326,000 after purchasing an additional 35 shares in the last quarter. Sendero Wealth Management LLC raised its holdings in Home Depot by 18.6% in the fourth quarter. Sendero Wealth Management LLC now owns 656 shares of the home improvement retailer’s stock worth $226,000 after purchasing an additional 103 shares in the last quarter. Mayflower Financial Advisors LLC lifted its position in Home Depot by 7.8% during the fourth quarter. Mayflower Financial Advisors LLC now owns 5,964 shares of the home improvement retailer’s stock valued at $2,052,000 after buying an additional 434 shares during the period. Finally, Well Done LLC lifted its position in Home Depot by 4.6% during the fourth quarter. Well Done LLC now owns 2,499 shares of the home improvement retailer’s stock valued at $860,000 after buying an additional 110 shares during the period. 70.86% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Gordon Haskett upped their target price on shares of Home Depot from $330.00 to $370.00 and gave the stock a “hold” rating in a research report on Wednesday, February 11th. UBS Group reissued an “outperform” rating on shares of Home Depot in a research report on Tuesday. Citigroup boosted their price objective 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. Guggenheim upped their price objective on shares of Home Depot from $400.00 to $425.00 and gave the stock a “buy” rating in a report on Wednesday, February 25th. Finally, Truist Financial set a $424.00 target price on shares of Home Depot in a research note on Tuesday, February 24th. Twenty investment 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, Home Depot presently has an average rating of “Moderate Buy” and an average price target of $414.52.

Home Depot News Summary

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

• Positive Sentiment: SRS Distribution (Home Depot subsidiary) agreed to acquire Mingledorff’s, a wholesale HVAC distributor, strengthening HD’s Pro channel, product breadth and local distribution for contractors — a revenue diversification and margin-supporting move. Home Depot Expands Pro Business With HVAC Distributor Acquisition
• Positive Sentiment: Home Depot is pushing AI features to create a frictionless omnichannel shopping journey and says its stores are “never been more relevant,” signaling investment in tech-driven traffic and conversion improvements. This supports longer-term comps and customer retention. In the age of AI, Home Depot’s stores have ‘never been more relevant’
• Positive Sentiment: Telsey Advisory Group assigned an “Outperform” rating to HD, which can bolster sentiment among institutional buyers and supports the view that shares have upside vs. peers. Home Depot Earns “Outperform” Rating from Telsey Advisory Group
• Neutral Sentiment: Home Depot’s CFO, Richard McPhail, will present at the J.P. Morgan Retail Round Up Forum on April 9 — a routine investor event that may provide updated color but is not an earnings release. The Home Depot to Present at the J.P. Morgan Retail Round Up Forum
• Neutral Sentiment: Coverage remains mixed — reports note analysts are conflicted on Home Depot and other consumer-cyclical names, which can create volatility as investors parse macro and housing signals. Analysts Conflicted on These Consumer Cyclical Names: Home Depot (HD)
• Negative Sentiment: Market coverage notes near-term share weakness (recent daily declines reported), reflecting profit-taking or sensitivity to lower comparable sales trends and broader market moves; that intraday pressure is weighing on the stock today. Home Depot (HD) Stock Moves -1.23%: What You Should Know

Insider Activity at Home Depot

In related news, CFO Richard V. Mcphail sold 2,550 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the chief financial officer directly owned 44,566 shares in the company, valued at $16,439,951.74. The trade was a 5.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.10% of the stock is currently owned by insiders.

Home Depot Price Performance

Shares of NYSE:HD opened at $321.54 on Friday. The business has a fifty day moving average price of $366.65 and a 200-day moving average price of $370.98. 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 has a market capitalization of $320.26 billion, a PE ratio of 22.60, a PEG ratio of 3.51 and a beta of 1.09. The Home Depot, Inc. has a 1-year low of $320.26 and a 1-year high of $426.75.

Home Depot (NYSE:HD) last announced 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. The company had revenue of $38.20 billion for the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. As a group, equities 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 was paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th were paid a $2.33 dividend. This is a boost from Home Depot’s previous quarterly dividend of $2.30. This represents a $9.32 annualized dividend and a dividend yield of 2.9%. The ex-dividend date was Thursday, March 12th. Home Depot’s payout ratio is currently 65.50%.

About Home Depot

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.