Cape Investment Advisory Inc. Decreases Position in The Home Depot, Inc. $HD

Cape Investment Advisory Inc. trimmed its position in The Home Depot, Inc. (NYSE:HD) by 77.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 464 shares of the home improvement retailer’s stock after selling 1,563 shares during the period. Cape Investment Advisory Inc.’s holdings in Home Depot were worth $188,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of HD. Emprise Bank lifted its position in shares of Home Depot by 0.8% in the third quarter. Emprise Bank now owns 3,135 shares of the home improvement retailer’s stock valued at $1,270,000 after acquiring an additional 26 shares in the last quarter. Stegent Equity Advisors Inc. increased its position in shares of Home Depot by 2.7% during the third quarter. Stegent Equity Advisors Inc. now owns 1,006 shares of the home improvement retailer’s stock worth $408,000 after purchasing an additional 26 shares in the last quarter. BWM Planning LLC increased its position in shares of Home Depot by 0.7% during the second quarter. BWM Planning LLC now owns 4,105 shares of the home improvement retailer’s stock worth $1,505,000 after purchasing an additional 27 shares in the last quarter. Navis Wealth Advisors LLC raised its stake in Home Depot by 1.8% in the 2nd quarter. Navis Wealth Advisors LLC now owns 1,532 shares of the home improvement retailer’s stock valued at $562,000 after purchasing an additional 27 shares during the last quarter. Finally, Unique Wealth LLC raised its stake in Home Depot by 1.2% in the 3rd quarter. Unique Wealth LLC now owns 2,280 shares of the home improvement retailer’s stock valued at $924,000 after purchasing an additional 27 shares during the last quarter. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, EVP Teresa Wynn Roseborough sold 2,872 shares of Home Depot stock in a transaction that occurred on Friday, December 26th. The shares were 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 of the company’s stock, valued at approximately $4,599,069.92. The trade was a 17.87% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Richard V. Mcphail sold 2,550 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The shares were 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 owned 44,566 shares in the company, valued at $16,439,951.74. This represents a 5.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.10% of the company’s stock.

Home Depot Stock Down 0.8%

Shares of HD opened at $328.32 on Friday. The Home Depot, Inc. has a 52-week low of $324.63 and a 52-week high of $426.75. 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 stock has a fifty day simple moving average of $372.63 and a two-hundred day simple moving average of $374.81. The company has a market capitalization of $326.84 billion, a PE ratio of 23.07, a price-to-earnings-growth ratio of 3.62 and a beta of 1.09.

Home Depot (NYSE:HD) last announced its quarterly earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.52 by $0.20. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The firm had revenue of $38.20 billion for the quarter, compared to analysts’ expectations of $38.01 billion. During the same quarter in the previous year, the company posted $3.13 EPS. The company’s revenue was down 3.8% compared to the same quarter last year. 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 EPS for the current year.

Home Depot Increases Dividend

The company 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 $2.33 dividend. This represents a $9.32 annualized dividend and a yield of 2.8%. 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 presently 65.50%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on HD shares. Guggenheim lifted their target price on shares of Home Depot from $400.00 to $425.00 and gave the stock a “buy” rating in a research note on Wednesday, February 25th. Wolfe Research increased their target price on shares of Home Depot from $413.00 to $414.00 and gave the company an “outperform” rating in a research report on Wednesday, February 25th. Royal Bank Of Canada raised their price target on shares of Home Depot from $363.00 to $377.00 and gave the stock a “sector perform” rating in a research note on Wednesday, February 25th. Robert W. Baird boosted their price target on shares of Home Depot from $400.00 to $430.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 17th. Finally, UBS Group upped their price objective on shares of Home Depot from $430.00 to $450.00 and gave the company a “buy” rating in a research note on Wednesday, February 25th. 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. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $416.00.

More Home Depot News

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

• Positive Sentiment: Rollout of Pro digital platform and AI project‑management tools — HD is expanding its Pro digital experience to give contractors a unified workspace, automation and AI features aimed at improving productivity, stickiness and repeat business. This could help improve professional customer retention and margin mix over time. Article Title
• Positive Sentiment: Marketing push tied to FIFA World Cup 2026 — Partnership with David Beckham and related sweepstakes/promotions aim to drive seasonal backyard and outdoor living demand, which can boost traffic and average ticket in spring/summer. Article Title
• Positive Sentiment: Brick‑and‑mortar expansion — Announced plan to open 12 U.S. stores in 2026, adding ~1.6M+ sq. ft., supporting long‑term growth of store footprint and sales capacity. Article Title
• Neutral Sentiment: Analysts remain mixed — Coverage shows conflicting views on consumer cyclical names including HD; market opinion is not uniform, leaving potential for upgrades/downgrades to move the stock. Article Title
• Neutral Sentiment: Battery recycling coverage — Stories note growing battery recycling markets where HD sells batteries, but this is peripheral to core home improvement revenue and not an immediate earnings driver. Article Title
• Negative Sentiment: Share‑price reassessment after recent weakness — Coverage highlights a 7‑ and 30‑day decline and questions over whether HD at current levels is fairly valued given softer comps; that narrative is prompting short‑term selling pressure. Article Title
• Negative Sentiment: Unusually large put‑option activity — Elevated put buying indicates increased bearish positioning and hedging by traders, which can amplify downside moves and volatility.

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.