DNB Asset Management AS Cuts Stock Position in The Home Depot, Inc. $HD

DNB Asset Management AS trimmed its holdings in The Home Depot, Inc. (NYSE:HD) by 15.3% during the 3rd quarter, Holdings Channel.com reports. The fund owned 200,986 shares of the home improvement retailer’s stock after selling 36,319 shares during the period. DNB Asset Management AS’s holdings in Home Depot were worth $81,438,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Norges Bank purchased a new stake in Home Depot during the 2nd quarter valued at approximately $4,885,603,000. Laurel Wealth Advisors LLC grew its stake in Home Depot by 36,207.5% during the second quarter. Laurel Wealth Advisors LLC now owns 10,076,783 shares of the home improvement retailer’s stock valued at $3,694,552,000 after acquiring an additional 10,049,029 shares in the last quarter. Vanguard Group Inc. lifted its stake in Home Depot by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 97,978,814 shares of the home improvement retailer’s stock worth $35,922,952,000 after purchasing an additional 1,494,615 shares in the last quarter. Amundi boosted its holdings in shares of Home Depot by 11.1% during the 2nd quarter. Amundi now owns 7,903,550 shares of the home improvement retailer’s stock valued at $2,938,935,000 after purchasing an additional 790,476 shares during the last quarter. Finally, Voya Investment Management LLC grew its position in shares of Home Depot by 112.3% during the third quarter. Voya Investment Management LLC now owns 1,444,128 shares of the home improvement retailer’s stock valued at $585,147,000 after purchasing an additional 763,739 shares in the last quarter. Institutional investors own 70.86% of the company’s stock.

Insider Buying and Selling at Home Depot

In other news, EVP Angie Brown sold 1,946 shares of the business’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $357.63, for a total value of $695,947.98. Following the completion of the sale, the executive vice president owned 3,941 shares in the company, valued at approximately $1,409,419.83. The trade was a 33.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Ann Marie Campbell sold 145 shares of the stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $358.26, for a total transaction of $51,947.70. Following the transaction, the executive vice president owned 12,320 shares in the company, valued at approximately $4,413,763.20. This represents a 1.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 4,963 shares of company stock valued at $1,748,845. Company insiders own 0.10% of the company’s stock.

Trending Headlines about Home Depot

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

• Positive Sentiment: Q4 results beat consensus and Pro momentum: Home Depot topped Q4 estimates on EPS and emphasized that Pro/commercial customers are sustaining sales even as DIY demand softens. Home Depot shares rise as quarterly earnings clear a cautious Wall Street bar
• Positive Sentiment: Pro ecosystem resilience: industry coverage highlights Home Depot’s expanding Pro-focused services and SRS integration as a durable revenue source versus cyclical homeowner spending. Home Depot’s Pro Ecosystem Shows Resilience in Soft Market
• Positive Sentiment: Dividend increase and falling short interest add support: the board raised the quarterly payout (small raise) and short interest dropped, removing some downside pressure from forced covering. (Company release / market data)
• Neutral Sentiment: Analyst reactions are mixed-but-lean-bullish: many firms raised price targets and some upgraded ratings after the quarter, giving the stock a valuation tailwind even as others remain cautious. UBS Group Issues Positive Forecast for Home Depot (NYSE:HD) Stock Price
• Neutral Sentiment: Retail-sector context: broader retail earnings trends show mixed signals—Home Depot anchors a stronger retail print, but sustaining that momentum into 2026 depends on housing and rates. Zacks Earnings Trends Highlights: Walmart, Home Depot and Amazon
• Negative Sentiment: Guidance and sector jitters from peers: cautious forward commentary (including from Lowe’s) revived worries that high rates and low housing turnover will keep large discretionary projects muted—a key reason for recent selling pressure. Home Depot slides 3.2% as home-improvement outlook jitters return after rival’s cautious guidance
• Negative Sentiment: Management tone and consumer caution: CEO comments that some customers “are not investing” underscore persistent affordability headwinds that could limit a quick recovery in big-ticket remodeling. Home Depot CEO flags a disconcerting lack of faith in the American economy
• Negative Sentiment: Short-term sentiment noise: media/TV commentary (e.g., Jim Cramer) and profit-taking after the earnings pop have amplified intraday selling despite the beat—a behavioral factor rather than new fundamentals. Jim Cramer Wonders Why People Are Selling Home Depot (HD) Shares

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. BNP Paribas Exane boosted their target price on Home Depot from $355.00 to $391.00 in a research report on Wednesday. Guggenheim upped their price objective on Home Depot from $400.00 to $425.00 and gave the stock a “buy” rating in a report on Wednesday. DA Davidson raised their target price on shares of Home Depot from $407.00 to $445.00 and gave the company a “buy” rating in a report on Tuesday. Wells Fargo & Company boosted their price target on shares of Home Depot from $395.00 to $420.00 and gave the stock an “overweight” rating in a research report on Wednesday. Finally, KeyCorp reissued a “sector weight” rating on shares of Home Depot in a research note on Wednesday. Twenty equities 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. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $416.00.

Home Depot Stock Performance

Home Depot stock opened at $375.02 on Friday. 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 market capitalization of $373.34 billion, a PE ratio of 26.35, a P/E/G ratio of 13.49 and a beta of 1.08. The company has a 50 day moving average price of $371.05 and a 200-day moving average price of $380.05. The company has a debt-to-equity ratio of 3.62, a quick ratio of 0.29 and a current ratio of 1.06.

Home Depot (NYSE:HD) last issued its earnings results 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. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.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 previous year, the company posted $3.13 EPS. Home Depot’s revenue was down 3.8% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. As a group, equities analysts forecast that The Home Depot, Inc. will post 15.13 earnings per share for the current year.

Home Depot Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th will be issued a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a yield of 2.5%. 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 dividend payout ratio (DPR) is currently 62.71%.

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.