323,712 Shares in The Home Depot, Inc. $HD Purchased by Danica Pension Livsforsikringsaktieselskab

Danica Pension Livsforsikringsaktieselskab bought a new stake in shares of The Home Depot, Inc. (NYSE:HD) during the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 323,712 shares of the home improvement retailer’s stock, valued at approximately $131,165,000. Home Depot accounts for 2.0% of Danica Pension Livsforsikringsaktieselskab’s holdings, making the stock its 20th largest position.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in HD. Danske Bank A S purchased a new stake in Home Depot during the 3rd quarter valued at approximately $194,928,000. Mizuho Markets Cayman LP raised its position in shares of Home Depot by 9.8% during the third quarter. Mizuho Markets Cayman LP now owns 74,034 shares of the home improvement retailer’s stock valued at $29,998,000 after buying an additional 6,628 shares during the last quarter. Second Line Capital LLC lifted its holdings in shares of Home Depot by 1.3% in the third quarter. Second Line Capital LLC now owns 9,349 shares of the home improvement retailer’s stock worth $3,788,000 after buying an additional 117 shares in the last quarter. GM Advisory Group LLC lifted its holdings in shares of Home Depot by 12.9% in the third quarter. GM Advisory Group LLC now owns 8,839 shares of the home improvement retailer’s stock worth $3,581,000 after buying an additional 1,007 shares in the last quarter. Finally, Advisory Services Network LLC boosted its position in shares of Home Depot by 0.7% during the third quarter. Advisory Services Network LLC now owns 57,836 shares of the home improvement retailer’s stock worth $23,434,000 after acquiring an additional 408 shares during the last quarter. 70.86% of the stock is currently owned by institutional investors.

Home Depot News Roundup

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

• Positive Sentiment: Spring seasonal push: Home Depot launched its “Spring Starts” promotion (Mar 19–Apr 1) to drive demand for outdoor, gardening, cleaning and entertaining categories — a timely revenue driver for the spring selling season that can boost comp traffic and high-margin seasonal categories. From Power Washers to Patios: The Home Depot’s Spring Starts Event Kicks off Season of Savings
• Positive Sentiment: Pro-focused logistics upgrade: HD rolled out a real‑time delivery tracker for large/bulky materials to give contractors minute-by-minute ETAs — a capability that can reduce on-site downtime, deepen Pro customer loyalty, and strengthen omnichannel differentiation versus peers. Improved service for Pros can support repeat sales and margin stability. Home Depot Bets On Real Time Delivery Tracking To Deepen Pro Loyalty
• Positive Sentiment: Positive retail coverage: Recent investor pieces and retail roundups have highlighted Home Depot as a top retail/long-term buy, reinforcing conviction among growth/value investors who favor HD’s scale, cash generation and dividend/repurchase profile. This can support longer-term demand for the shares. The Top 2 Retail Stocks to Buy Right Now
• Neutral Sentiment: Analyst discussion on tracker impact: Coverage is exploring whether the new real‑time Pro delivery tracker materially changes HD’s cash flow or valuation — useful operational progress, but analysts note the financial impact may be gradual rather than immediate. Should Home Depot’s (HD) Real‑Time Pro Delivery Tracker Require Action From Investors?
• Negative Sentiment: Near-term growth and technical/financial headwinds: HD’s most recent quarter showed revenue down ~3.8% year-over-year (EPS beat but was lower than last year), and FY2026 EPS guidance (14.23–14.80) sits below some analyst rolls (~15.13 consensus), which can temper upside expectations. In addition, the stock is trading below its 50- and 200-day moving averages and carries elevated leverage metrics (debt/equity), factors that may pressure sentiment and explain the share decline.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Robert W. Baird raised their target price on shares of Home Depot from $400.00 to $430.00 and gave the company an “outperform” rating in a research note on Tuesday, February 17th. DA Davidson lifted their target price on Home Depot from $407.00 to $445.00 and gave the stock a “buy” rating in a report on Tuesday, February 24th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Home Depot in a research report on Monday, December 29th. BNP Paribas Exane increased their price target on Home Depot from $355.00 to $391.00 in a research note on Wednesday, February 25th. Finally, Wall Street Zen cut Home Depot from a “hold” rating to a “sell” rating in a report on Friday, November 28th. 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 stock. According to MarketBeat, Home Depot presently has an average rating of “Moderate Buy” and an average price target of $416.00.

Home Depot Stock Performance

Home Depot stock opened at $341.63 on Wednesday. The company’s 50-day moving average price is $373.62 and its 200-day moving average price is $375.45. The company has a quick ratio of 0.26, a current ratio of 1.06 and a debt-to-equity ratio of 3.62. The company has a market cap of $340.10 billion, a PE ratio of 24.01, a price-to-earnings-growth ratio of 12.32 and a beta of 1.09. The Home Depot, Inc. has a twelve month low of $326.31 and a twelve month 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 EPS for the quarter, beating analysts’ consensus estimates of $2.52 by $0.20. The firm had revenue of $38.20 billion during the quarter, compared to the consensus estimate of $38.01 billion. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The firm’s revenue for the quarter was down 3.8% compared to the same quarter last year. During the same quarter last year, the firm earned $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. On average, equities research analysts forecast that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.

Home Depot Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be paid a $2.33 dividend. This represents a $9.32 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend 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 is 65.50%.

Insider Buying and Selling

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 sale, the executive vice president owned 13,196 shares in the company, valued at approximately $4,599,069.92. This represents a 17.87% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Richard V. Mcphail sold 2,550 shares of the firm’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 sale, the chief financial officer owned 44,566 shares of the company’s stock, valued at approximately $16,439,951.74. This represents a 5.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.10% of the stock is currently owned by insiders.

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.