The Home Depot, Inc. $HD Shares Sold by Northern Financial Advisors Inc

Northern Financial Advisors Inc trimmed its stake in The Home Depot, Inc. (NYSE:HD) by 45.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,945 shares of the home improvement retailer’s stock after selling 1,633 shares during the quarter. Northern Financial Advisors Inc’s holdings in Home Depot were worth $669,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in HD. Wellington Management Group LLP raised its holdings in shares of Home Depot by 60.8% in the third quarter. Wellington Management Group LLP now owns 10,143,089 shares of the home improvement retailer’s stock worth $4,109,878,000 after acquiring an additional 3,836,051 shares during the last quarter. Franklin Resources Inc. raised its holdings in shares of Home Depot by 37.6% in the third quarter. Franklin Resources Inc. now owns 3,806,308 shares of the home improvement retailer’s stock worth $1,542,278,000 after acquiring an additional 1,040,577 shares during the last quarter. Alyeska Investment Group L.P. acquired a new position in shares of Home Depot in the third quarter worth $284,893,000. ABN AMRO Bank N.V. raised its holdings in shares of Home Depot by 2,427.3% in the third quarter. ABN AMRO Bank N.V. now owns 631,551 shares of the home improvement retailer’s stock worth $254,943,000 after acquiring an additional 606,562 shares during the last quarter. Finally, Danske Bank A S acquired a new position in shares of Home Depot in the third quarter worth $194,928,000. 70.86% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Home Depot

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

• Positive Sentiment: Management is pushing deeper into professional (Pro) customers to drive new sales and market share after a flat DIY market; that strategy could boost higher-margin repeat sales if execution succeeds. Home Depot Targets Pros to Spark New Growth
• Positive Sentiment: HD acquired a warehouse automation firm to speed fulfillment — an operational investment that can lower costs, improve inventory turns and support e‑commerce/pro growth. Home Depot acquires warehouse automation firm to speed fulfillment
• Positive Sentiment: Analysts and commentators note HD’s strategic investment areas (Pro, digital fulfillment, SRS/GMS) as potential drivers for the “next leg up” if comps turn positive. Can Strategic Investments Drive Home Depot’s Next Leg Up?
• Positive Sentiment: Home Depot Canada gained a retail partnership win as Go Lime expands distribution through HD Canada, supporting product assortment and incremental sales in that market. GO LIME EXPANDS RETAIL FOOTPRINT THROUGH MAJOR PARTNERSHIPS WITH HOME DEPOT CANADA AND WALMART CANADA
• Neutral Sentiment: Unusual and heavy call‑option activity was reported on HD today — signals elevated speculative interest or volatility but ambiguous on directional conviction. Massive and Unusual Trading in Home Depot Call Options
• Neutral Sentiment: Multiple pieces flag HD as a “trending” stock among retail investors and commentators — that can amplify moves but doesn’t change fundamentals. The Home Depot, Inc. (HD) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Some broader media mentions (sector videos, logistics stories) referenced retail dynamics but are not specific catalysts for HD. A closer look at 2 great (and 2 not-so-great) consumer stock picks
• Negative Sentiment: Shareholder proposals on ESG, governance and data/privacy ahead of the AGM increase governance scrutiny and could force disclosure or costs if any proposals gain traction; the board is opposing most proposals, creating a proxy battle risk. Home Depot Shareholder Proposals Test ESG Oversight And Premium Valuation
• Negative Sentiment: Commentary noted HD’s share price underperformed the broader market in recent sessions, reflecting investor caution on near‑term comps and valuation given flat revenue trends. Home Depot (HD) Falls More Steeply Than Broader Market: What Investors Need to Know

Insider Buying and Selling

In related news, CFO Richard V. Mcphail sold 2,550 shares of the company’s stock in a transaction 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 completion of the transaction, the chief financial officer directly owned 44,566 shares in the company, valued at approximately $16,439,951.74. This represents a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.08% of the company’s stock.

Home Depot Stock Performance

Home Depot stock opened at $344.08 on Wednesday. The firm has a market capitalization of $342.72 billion, a P/E ratio of 24.18, a PEG ratio of 3.84 and a beta of 1.09. The stock has a fifty day moving average price of $350.84 and a 200 day moving average price of $361.50. The Home Depot, Inc. has a 52 week low of $315.31 and a 52 week high of $426.75. The company has a current ratio of 1.06, a quick ratio of 0.26 and a debt-to-equity ratio of 3.62.

Home Depot (NYSE:HD) last released its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, beating the consensus estimate of $2.52 by $0.20. The firm had revenue of $38.20 billion during the quarter, compared to analyst estimates of $38.01 billion. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.The business’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.13 earnings per share. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Equities research analysts anticipate that The Home Depot, Inc. will post 15.03 earnings per share for the current year.

Home Depot Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were paid a $2.33 dividend. The ex-dividend date was Thursday, March 12th. This is an increase from Home Depot’s previous quarterly dividend of $2.30. This represents a $9.32 annualized dividend and a yield of 2.7%. Home Depot’s payout ratio is currently 65.50%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on HD shares. Jefferies Financial Group boosted their price target on Home Depot from $424.00 to $454.00 and gave the stock a “buy” rating in a report on Tuesday, February 24th. Weiss Ratings reissued a “hold (c+)” rating on shares of Home Depot in a report on Friday, March 27th. The Goldman Sachs Group cut their price target on Home Depot from $413.00 to $409.00 in a report on Wednesday, February 25th. Telsey Advisory Group reissued an “outperform” rating and issued a $435.00 price target on shares of Home Depot in a report on Wednesday, March 25th. Finally, BNP Paribas Exane lowered their price objective on Home Depot from $391.00 to $348.00 and set a “neutral” rating for the company in a research report on Tuesday, March 24th. Twenty equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Home Depot presently has a consensus rating of “Moderate Buy” and an average price target of $414.17.

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.