CIBC Bancorp USA Inc. Buys Shares of 148,342 The Home Depot, Inc. $HD

CIBC Bancorp USA Inc. purchased a new stake in shares of The Home Depot, Inc. (NYSE:HD) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 148,342 shares of the home improvement retailer’s stock, valued at approximately $60,107,000.

Several other institutional investors have also modified their holdings of HD. Brighton Jones LLC boosted its stake in Home Depot by 36.5% during the 4th quarter. Brighton Jones LLC now owns 26,918 shares of the home improvement retailer’s stock valued at $10,471,000 after purchasing an additional 7,203 shares during the period. Sivia Capital Partners LLC increased its stake in shares of Home Depot by 7.1% in the second quarter. Sivia Capital Partners LLC now owns 2,598 shares of the home improvement retailer’s stock valued at $952,000 after purchasing an additional 173 shares during the period. Schnieders Capital Management LLC. raised its holdings in shares of Home Depot by 14.1% during the second quarter. Schnieders Capital Management LLC. now owns 11,587 shares of the home improvement retailer’s stock valued at $4,248,000 after buying an additional 1,433 shares during the last quarter. Inspire Advisors LLC raised its holdings in shares of Home Depot by 24.6% during the second quarter. Inspire Advisors LLC now owns 2,616 shares of the home improvement retailer’s stock valued at $959,000 after buying an additional 517 shares during the last quarter. Finally, Wealthspire Advisors LLC boosted its position in shares of Home Depot by 4.8% during the second quarter. Wealthspire Advisors LLC now owns 49,688 shares of the home improvement retailer’s stock worth $18,217,000 after buying an additional 2,288 shares during the period. Institutional investors own 70.86% of the company’s stock.

Wall Street Analyst Weigh In

HD has been the subject of a number of recent analyst reports. Piper Sandler decreased their price objective on Home Depot from $441.00 to $422.00 and set an “overweight” rating for the company in a report on Monday, February 23rd. Truist Financial set a $424.00 target price on Home Depot in a research note on Tuesday, February 24th. KeyCorp reiterated a “sector weight” rating on shares of Home Depot in a research report on Wednesday, February 25th. 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, Jefferies Financial Group raised their price target on Home Depot from $424.00 to $454.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. Twenty investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $416.00.

Insider Activity

In other news, CFO Richard V. Mcphail sold 2,550 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $368.89, for a total transaction of $940,669.50. Following the completion of the transaction, the chief financial officer owned 44,566 shares in the company, valued at approximately $16,439,951.74. This trade represents a 5.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of Home Depot stock in a transaction that occurred 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 completion of the transaction, the executive vice president directly owned 13,196 shares in the company, valued at $4,599,069.92. This represents a 17.87% decrease in their position. The SEC filing for this sale provides additional information. 0.10% of the stock is currently owned by insiders.

Home Depot News Summary

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

• Positive Sentiment: Expanded Pro digital experience: Home Depot announced new project‑management and AI tools aimed at professional renovators to streamline workflows and win more Pro business. This should help lifetime customer value and margins over time. The Home Depot Expands Pro Digital Experience
• Positive Sentiment: US footprint growth: Home Depot plans to open 12 new U.S. stores in 2026, adding ~1.6M+ sq ft of retail space — a signal of continued investment in physical presence and local market share gains. Home Depot to open 12 US stores in 2026 expansion
• Positive Sentiment: Service & seasonal demand initiatives: The company launched a real‑time Pro delivery tracker (improves productivity for contractors) and kicked off its Spring Starts seasonal promotion — both support near‑term sales and better Pro retention. Should Home Depot’s Real‑Time Pro Delivery Tracker Require Action From Investors? Spring Starts event
• Positive Sentiment: Investor endorsements: Home Depot appears in retail stock watchlists as an attractively positioned retailer, which can support medium‑term interest from buy‑and‑hold investors. The Top 2 Retail Stocks to Buy Right Now
• Neutral Sentiment: Analysts conflicted: Coverage shows mixed views on Home Depot vs. peers (Amazon, Garrett Motion), reflecting debate over consumer cyclical positioning and growth vs. margin tradeoffs. Short‑term analyst noise can increase volatility. Analysts Conflicted article
• Neutral Sentiment: Battery recycling coverage: Media notes Home Depot’s exposure to the growing battery recycling market (batteries are a core SKU), but commentary frames this as a long‑run opportunity rather than an immediate earnings driver. Battery recycling article
• Negative Sentiment: Unusually large put buying: Investors purchased 45,863 put options today (≈48% above average), signaling elevated bearish hedging or outright bearish bets. Heavy put flow can weigh on stock sentiment and drive intraday selling.

Home Depot Stock Performance

HD opened at $330.75 on Thursday. The company has a market capitalization of $329.27 billion, a price-to-earnings ratio of 23.24, a price-to-earnings-growth ratio of 3.73 and a beta of 1.09. 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 Home Depot, Inc. has a 1-year low of $326.31 and a 1-year high of $426.75. The business has a 50 day moving average price of $373.26 and a two-hundred day moving average price of $375.13.

Home Depot (NYSE:HD) last issued its quarterly earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share (EPS) 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 firm had revenue of $38.20 billion during the quarter, compared to analyst estimates of $38.01 billion. During the same period last year, the company posted $3.13 EPS. The firm’s quarterly 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. Research analysts predict 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 will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be issued a dividend of $2.33 per share. The ex-dividend date of this dividend is Thursday, March 12th. This is an increase from Home Depot’s previous quarterly dividend of $2.30. This represents a $9.32 dividend on an annualized basis and a yield of 2.8%. Home Depot’s dividend payout ratio is presently 65.50%.

Home Depot 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.