CWA Asset Management Group LLC Sells 2,203 Shares of The Home Depot, Inc. $HD

CWA Asset Management Group LLC lowered its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 12.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 15,927 shares of the home improvement retailer’s stock after selling 2,203 shares during the quarter. CWA Asset Management Group LLC’s holdings in Home Depot were worth $5,481,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of Home Depot in the 2nd quarter valued at approximately $4,885,603,000. Laurel Wealth Advisors LLC boosted its stake in Home Depot by 36,207.5% in the 2nd 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 buying an additional 10,049,029 shares in the last quarter. Wellington Management Group LLP boosted its stake in Home Depot by 60.8% in the 3rd quarter. Wellington Management Group LLP now owns 10,143,089 shares of the home improvement retailer’s stock valued at $4,109,878,000 after buying an additional 3,836,051 shares in the last quarter. Franklin Resources Inc. grew its position in Home Depot by 37.6% in the third quarter. Franklin Resources Inc. now owns 3,806,308 shares of the home improvement retailer’s stock valued at $1,542,278,000 after acquiring an additional 1,040,577 shares during the period. Finally, Amundi grew its position in Home Depot by 11.1% in the second quarter. Amundi now owns 7,903,550 shares of the home improvement retailer’s stock valued at $2,938,935,000 after acquiring an additional 790,476 shares during the period. Institutional investors own 70.86% of the company’s stock.

Home Depot Stock Down 2.1%

Shares of NYSE:HD opened at $321.37 on Friday. 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 firm has a market cap of $320.09 billion, a P/E ratio of 22.58, a P/E/G ratio of 3.50 and a beta of 1.09. The Home Depot, Inc. has a 12 month low of $320.26 and a 12 month high of $426.75. The company’s 50-day moving average price is $371.56 and its two-hundred day moving average price is $373.99.

Home Depot (NYSE:HD) last announced its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, topping analysts’ consensus estimates of $2.52 by $0.20. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The company had revenue of $38.20 billion during the quarter, compared to the consensus estimate of $38.01 billion. During the same period in the previous year, the firm posted $3.13 earnings per share. The company’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, research analysts forecast that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.

Home Depot Increases Dividend

The company also recently disclosed 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. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $9.32 annualized dividend and a yield of 2.9%. This is a positive change from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s dividend payout ratio (DPR) is currently 65.50%.

Insiders Place Their Bets

In other Home Depot news, CFO Richard V. Mcphail sold 2,550 shares of the 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 transaction, the chief financial officer directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of Home Depot stock in a transaction on Friday, December 26th. The shares were sold at an average price of $348.52, for a total value of $1,000,949.44. Following the completion of the sale, the executive vice president directly owned 13,196 shares of the company’s stock, valued at $4,599,069.92. This trade represents a 17.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.10% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on HD. Morgan Stanley lifted their price objective on Home Depot from $412.00 to $420.00 and gave the company an “overweight” rating in a report on Wednesday, February 25th. Gordon Haskett upped their price objective on shares of Home Depot from $330.00 to $370.00 and gave the stock a “hold” rating in a research note on Wednesday, February 11th. UBS Group raised their price objective on shares of Home Depot from $430.00 to $450.00 and gave the stock a “buy” rating in a report on Wednesday, February 25th. Sanford C. Bernstein lifted their target price on shares of Home Depot from $381.00 to $390.00 and gave the company a “market perform” rating in a research note on Wednesday, February 25th. Finally, Truist Financial set a $424.00 target price on Home Depot in a report on Tuesday, February 24th. Twenty analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Home Depot currently has an average rating of “Moderate Buy” and an average price target of $416.00.

Home Depot News Roundup

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

• Positive Sentiment: The Home Depot expanded its Pro digital experience with new project-management and AI tools aimed at contractors and professional renovators — a move that could deepen pro customer loyalty, drive repeat purchases and support margins over time. The Home Depot Expands Pro Digital Experience
• Positive Sentiment: Marketing push tied to FIFA World Cup 2026: HD partnered with David Beckham and launched promotions/sweepstakes to drive seasonal backyard and outdoor-project demand — a consumer-facing initiative that may lift traffic and average tickets in spring/summer. Home Depot Teams Up with David Beckham
• Neutral Sentiment: Valuation/technical re-check: Commentary and analysis pieces are asking whether recent weakness makes HD a buy, hold or avoid — helpful for investors re-assessing entry points but not an immediate catalyst. The write-up walks through valuation metrics amid the pullback. Is It Time To Reassess Home Depot?
• Neutral Sentiment: Broader market backdrop is bearish: analysts note major indexes fell below 200-day moving averages and sticky inflation may keep the Fed from cutting rates — a macro environment that increases volatility and investor risk aversion, which can pressure retail and cyclical names like HD. MarketBeat Week in Review
• Negative Sentiment: Unusually large put-option flow: Traders bought heavy volumes of HD puts (reports cite ~45,863 puts on a recent session, ~48% above typical daily put volume), signaling elevated hedging or outright bearish bets that can amplify near-term downside as sentiment shifts. Investors Buy High Volume of Put Options on Home Depot

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.