Resurgent Financial Advisors LLC Lowers Stock Holdings in The Home Depot, Inc. $HD

Resurgent Financial Advisors LLC trimmed its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 31.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 4,572 shares of the home improvement retailer’s stock after selling 2,055 shares during the period. Resurgent Financial Advisors LLC’s holdings in Home Depot were worth $1,573,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Tandemgrowth Financial Advisors LLC purchased a new stake in Home Depot during the 4th quarter valued at $789,000. RKL Wealth Management LLC boosted its stake in Home Depot by 16.0% during the 4th quarter. RKL Wealth Management LLC now owns 6,845 shares of the home improvement retailer’s stock valued at $2,355,000 after purchasing an additional 942 shares during the last quarter. Investment Research Partners LLC boosted its stake in Home Depot by 11.9% during the 4th quarter. Investment Research Partners LLC now owns 1,205 shares of the home improvement retailer’s stock valued at $415,000 after purchasing an additional 128 shares during the last quarter. Oath Planning LLC purchased a new stake in Home Depot during the 4th quarter valued at $214,000. Finally, Kovack Advisors Inc. boosted its stake in Home Depot by 133.7% during the 4th quarter. Kovack Advisors Inc. now owns 32,221 shares of the home improvement retailer’s stock valued at $11,087,000 after purchasing an additional 18,435 shares during the last quarter. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

Home Depot News Summary

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

• Positive Sentiment: Jim Cramer said Home Depot looks like a “good level” to own, which may reinforce confidence that the stock is attractive after recent weakness. Jim Cramer on Home Depot: “I Think That This Is a Good Level”
• Positive Sentiment: Additional commentary highlighted Home Depot’s “wide moat” and long-term compounding potential, supporting the view that the company remains a high-quality defensive retailer. 1 Cyclical Dow Juggernaut With an Unshakable Moat to Buy
• Neutral Sentiment: Erste Group Bank trimmed its FY2027 and FY2028 earnings estimates slightly, but the revisions were small and still leave expectations near Wall Street’s current full-year EPS outlook, so the impact on sentiment appears limited.
• Neutral Sentiment: Coverage on Home Depot’s expansion efforts, including recent pro-focused acquisitions, suggests management is continuing to build scale and logistics capabilities, but the articles frame this as a longer-term strategy rather than an immediate catalyst. Home Depot’s Expansion Play: Building Scale or Growth Story?

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Wells Fargo & Company decreased their target price on shares of Home Depot from $375.00 to $360.00 and set an “overweight” rating for the company in a research note on Wednesday, May 20th. KeyCorp reiterated a “sector weight” rating on shares of Home Depot in a research note on Wednesday, February 25th. UBS Group decreased their target price on shares of Home Depot from $450.00 to $430.00 and set a “buy” rating for the company in a research note on Wednesday, May 20th. JPMorgan Chase & Co. reduced their price objective on Home Depot from $423.00 to $396.00 and set an “overweight” rating for the company in a research note on Wednesday, May 20th. Finally, Wolfe Research restated an “outperform” rating and issued a $365.00 price objective on shares of Home Depot in a research note on Tuesday, May 19th. Nineteen 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 company’s stock. Based on data from MarketBeat, Home Depot currently has an average rating of “Moderate Buy” and an average price target of $371.36.

Home Depot Trading Up 2.4%

Shares of Home Depot stock opened at $326.71 on Friday. The company has a market capitalization of $325.77 billion, a P/E ratio of 23.20, a P/E/G ratio of 3.68 and a beta of 0.97. The company has a debt-to-equity ratio of 3.23, a quick ratio of 0.28 and a current ratio of 1.04. The company has a fifty day moving average of $322.48 and a 200 day moving average of $347.18. The Home Depot, Inc. has a fifty-two week low of $289.10 and a fifty-two week high of $426.75.

Home Depot (NYSE:HD) last issued its earnings results on Tuesday, May 19th. The home improvement retailer reported $3.43 earnings per share for the quarter, topping the consensus estimate of $3.41 by $0.02. The company had revenue of $41.77 billion during the quarter, compared to the consensus estimate of $41.59 billion. Home Depot had a net margin of 8.41% and a return on equity of 117.24%. Home Depot’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.56 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. On average, sell-side analysts anticipate that The Home Depot, Inc. will post 15.01 earnings per share for the current fiscal year.

Home Depot Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be issued a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Thursday, June 4th. Home Depot’s dividend payout ratio is 66.19%.

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.