Asempa Wealth Advisors Takes Position in The Home Depot, Inc. $HD

Asempa Wealth Advisors purchased a new position in shares of The Home Depot, Inc. (NYSE:HD) during the fourth quarter, Holdings Channel reports. The firm purchased 5,192 shares of the home improvement retailer’s stock, valued at approximately $1,787,000. Home Depot makes up approximately 1.5% of Asempa Wealth Advisors’ holdings, making the stock its 17th biggest holding.

A number of other hedge funds have also recently added to or reduced their stakes in HD. Brighton Jones LLC grew its holdings in shares of Home Depot by 36.5% during the 4th quarter. Brighton Jones LLC now owns 26,918 shares of the home improvement retailer’s stock worth $10,471,000 after purchasing an additional 7,203 shares in the last quarter. Sivia Capital Partners LLC raised its stake in 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 in the last quarter. Schnieders Capital Management LLC. raised its stake in Home Depot by 14.1% in 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 purchasing an additional 1,433 shares in the last quarter. Global Retirement Partners LLC bought a new stake in Home Depot during the second quarter worth about $16,963,000. Finally, Intellus Advisors LLC lifted its position in Home Depot by 8.6% during the second quarter. Intellus Advisors LLC now owns 2,153 shares of the home improvement retailer’s stock worth $789,000 after purchasing an additional 171 shares during the period. Institutional investors own 70.86% of the company’s stock.

Wall Street Analysts Forecast Growth

HD has been the topic of several recent analyst reports. Zacks Research raised shares of Home Depot from a “strong sell” rating to a “hold” rating in a report on Monday, February 9th. KeyCorp reaffirmed a “sector weight” rating on shares of Home Depot in a report on Wednesday, February 25th. BNP Paribas Exane lifted their price objective on shares of Home Depot from $355.00 to $391.00 in a research note on Wednesday, February 25th. Wall Street Zen upgraded shares of Home Depot from a “sell” rating to a “hold” rating in a research report on Saturday. Finally, Sanford C. Bernstein upped their target price on Home Depot from $381.00 to $390.00 and gave the stock a “market perform” rating in a research note on Wednesday, February 25th. Twenty investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $416.00.

Home Depot Stock Up 3.1%

HD stock opened at $330.79 on Tuesday. The firm has a 50-day moving average price of $370.68 and a 200-day moving average price of $373.18. The Home Depot, Inc. has a 12 month low of $320.26 and a 12 month high of $426.75. The company has a current ratio of 1.06, a quick ratio of 0.26 and a debt-to-equity ratio of 3.62. The stock has a market capitalization of $329.47 billion, a P/E ratio of 23.25, a price-to-earnings-growth ratio of 3.50 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 (EPS) for the quarter, beating the consensus estimate of $2.52 by $0.20. The company had revenue of $38.20 billion for the quarter, compared to analyst estimates 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 was down 3.8% on a year-over-year basis. During the same period in the previous year, the firm posted $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. As a group, equities research analysts anticipate that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.

Home Depot Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th will be paid a dividend of $2.33 per share. The ex-dividend date of this dividend is Thursday, March 12th. This is a boost from Home Depot’s previous quarterly dividend of $2.30. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.8%. Home Depot’s payout ratio is presently 65.50%.

Key Stories Impacting Home Depot

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

• Positive Sentiment: Home Depot added AI-driven planning and smart project tools to its Pro platform, a direct push to win and retain professional contractor customers and improve margins for that higher-frequency segment. HD Expands Pro Platform
• Positive Sentiment: Coverage highlighting Home Depot’s milestone of $1 billion in charitable giving reinforces brand strength and community goodwill, which can support consumer preference and investor sentiment. $1 Billion Giving Milestone
• Positive Sentiment: Industry consolidation pressure: closures at independent rivals (True Value/Ace franchise stores) underscore Home Depot’s scale advantage and pricing/assortment edge in the home-improvement market. Rival Store Closure
• Neutral Sentiment: Multiple retail-investing roundup pieces compare Home Depot to other blue chips (e.g., McDonald’s), which can amplify trading volume but are not new company developments. Home Depot vs McDonald’s (AOL)
• Neutral Sentiment: Broader market moves and headlines (political comments, big-name investors buying/selling other names) are moving indices and risk appetite, which can lift or pressure cyclical retailers like HD. Market Coverage
• Negative Sentiment: Analyst and retail commentary note Home Depot is roughly 25% below its prior peak, a reminder of recent sell-off that pressurizes multiples even as dividend yield increases; this valuation reset is the primary reason value-focused articles are promoting HD as a buy. Dividend Stocks Down

Insider Buying and Selling at Home Depot

In related news, EVP Teresa Wynn Roseborough sold 2,872 shares of the business’s 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 $4,599,069.92. The trade was a 17.87% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Richard V. Mcphail sold 2,550 shares of the business’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 sale, 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 position. Additional details regarding this sale are available in the official SEC disclosure. 0.10% of the stock is currently owned by corporate insiders.

About Home Depot

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.