Clear Trail Advisors LLC Takes Position in The Home Depot, Inc. $HD

Clear Trail Advisors LLC bought a new position in The Home Depot, Inc. (NYSE:HD) during the fourth quarter, Holdings Channel reports. The fund bought 27,920 shares of the home improvement retailer’s stock, valued at approximately $9,607,000. Home Depot makes up 2.2% of Clear Trail Advisors LLC’s portfolio, making the stock its 13th biggest holding.

Other institutional investors also recently modified their holdings of the company. Parvin Asset Management LLC boosted its stake in Home Depot by 110.0% during the third quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock worth $26,000 after acquiring an additional 33 shares in the last quarter. Sagard Holdings Management Inc. bought a new position in shares of Home Depot during the second quarter valued at approximately $29,000. Financially Speaking Inc bought a new position in shares of Home Depot during the third quarter valued at approximately $31,000. Imprint Wealth LLC purchased a new position in shares of Home Depot during the third quarter valued at approximately $34,000. Finally, Dougherty Wealth Advisers LLC purchased a new position in shares of Home Depot during the third quarter valued at approximately $38,000. 70.86% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CFO Richard V. Mcphail sold 2,550 shares of Home Depot stock in a transaction dated 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 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of the business’s stock in a transaction dated Friday, December 26th. The stock was sold at an average price of $348.52, for a total value of $1,000,949.44. Following the completion of the transaction, the executive vice president directly owned 13,196 shares of the company’s stock, valued at approximately $4,599,069.92. This trade represents a 17.87% 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 company insiders.

Home Depot Price Performance

Shares of NYSE HD opened at $332.45 on Thursday. The Home Depot, Inc. has a twelve month low of $320.26 and a twelve month high of $426.75. The firm has a market cap of $331.13 billion, a P/E ratio of 23.36, a PEG ratio of 3.62 and a beta of 1.09. The company has a 50 day moving average of $368.84 and a 200 day moving average of $372.28. The company has a quick ratio of 0.26, a current ratio of 1.06 and a debt-to-equity ratio of 3.62.

Home Depot (NYSE:HD) last issued its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, beating the consensus estimate of $2.52 by $0.20. The business had revenue of $38.20 billion for the quarter, compared to the consensus estimate of $38.01 billion. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.The company’s revenue was down 3.8% compared to the same quarter last year. During the same period last year, the business posted $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. As a group, research analysts expect that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.

Home Depot Increases Dividend

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

Trending Headlines about Home Depot

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

• Positive Sentiment: SRS (Home Depot subsidiary) agreed to acquire Mingledorff’s, a 42-location HVAC wholesaler — expands HD’s Pro distribution into HVAC, opens a large (~$100B) TAM, and strengthens recurring-commercial revenue potential. SRS Distribution acquisition PR
• Positive Sentiment: Analysts and sell‑side support: Telsey reiterated an outperform with a $435 price target, and J.P. Morgan maintained bullish commentary around the Mingledorff’s deal — both reinforce upside expectations tied to the Pro strategy. Telsey reiteration (Benzinga)
• Positive Sentiment: Home Depot reiterated its Pro/tech push — new digital project-management and Pro shopping tools aim to boost wallet share with contractors, supporting longer-term margin and sales stability. Retail Dive: Pro digital tools
• Positive Sentiment: Retail footprint expansion: HD plans to open 12 new U.S. stores in 2026, which supports revenue growth and local market penetration for Pro customers. USA Today: new stores
• Neutral Sentiment: High-profile mentions (Jim Cramer) and institutional holdings — Charitable Trust is holding HD as a play if rates ease; this is more sentiment-support than a catalyst. Yahoo Finance: Jim Cramer note
• Neutral Sentiment: Competitive landscape: a long-time local rival closed a store (not bankruptcy) — limited competitive benefit but worth monitoring regionally. Yahoo: rival closure
• Negative Sentiment: Macro headwind: new U.S. home sales fell sharply in January (17.6% drop), underscoring a weak new‑home market that can pressure DIY and remodeling demand. This is a near-term risk to same-store sales. TheStreet: housing plunge
• Negative Sentiment: BNP Paribas Exane cut its price target (from $391 to $348) and put a neutral rating on HD — a near-term bearish signal for sentiment and potential selling pressure. Benzinga: BNP Paribas PT cut

Analyst Ratings Changes

Several research firms recently weighed in on HD. Telsey Advisory Group restated an “outperform” rating and issued a $435.00 price target on shares of Home Depot in a research note on Wednesday. UBS Group reiterated an “outperform” rating on shares of Home Depot in a research note on Tuesday. Morgan Stanley boosted their target price on Home Depot from $412.00 to $420.00 and gave the stock an “overweight” rating in a report on Wednesday, February 25th. Gordon Haskett increased their target price on Home Depot from $330.00 to $370.00 and gave the stock a “hold” rating in a research note on Wednesday, February 11th. Finally, Wells Fargo & Company raised their price target on Home Depot from $395.00 to $420.00 and gave the company an “overweight” rating in a report on Wednesday, February 25th. Twenty research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Home Depot currently has an average rating of “Moderate Buy” and a consensus price target of $414.52.

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.