Pallas Capital Advisors LLC Cuts Position in The Home Depot, Inc. $HD

Pallas Capital Advisors LLC lowered its stake in shares of The Home Depot, Inc. (NYSE:HD) by 53.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,778 shares of the home improvement retailer’s stock after selling 3,244 shares during the period. Pallas Capital Advisors LLC’s holdings in Home Depot were worth $956,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Parvin Asset Management LLC lifted its position in shares of Home Depot by 110.0% during the 3rd quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock valued at $26,000 after acquiring an additional 33 shares during the period. Sagard Holdings Management Inc. acquired a new stake in shares of Home Depot in the 2nd quarter worth approximately $29,000. Financially Speaking Inc acquired a new stake in shares of Home Depot in the 3rd quarter worth approximately $31,000. Imprint Wealth LLC purchased a new position in Home Depot in the 3rd quarter valued at approximately $34,000. Finally, Dougherty Wealth Advisers LLC purchased a new position in Home Depot in the 3rd quarter valued at approximately $38,000. 70.86% of the stock is currently owned by institutional investors and hedge funds.

Home Depot Price Performance

Shares of NYSE:HD opened at $323.13 on Tuesday. The company has a debt-to-equity ratio of 3.62, a quick ratio of 0.26 and a current ratio of 1.06. The business’s fifty day moving average price is $365.50 and its two-hundred day moving average price is $369.98. The stock has a market cap of $321.84 billion, a PE ratio of 22.71, a price-to-earnings-growth ratio of 3.51 and a beta of 1.09. The Home Depot, Inc. has a one year low of $320.26 and a one year high of $426.75.

Home Depot (NYSE:HD) last issued its quarterly earnings data 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 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 business’s revenue was down 3.8% on a year-over-year basis. During the same period in the prior year, the business earned $3.13 earnings per share. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. On average, 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 announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th were issued a $2.33 dividend. This is a positive change from Home Depot’s previous quarterly dividend of $2.30. The ex-dividend date was Thursday, March 12th. This represents a $9.32 dividend on an annualized basis and a yield of 2.9%. Home Depot’s payout ratio is currently 65.50%.

Wall Street Analyst Weigh In

HD has been the topic of a number of research analyst reports. DA Davidson boosted their target price on Home Depot from $407.00 to $445.00 and gave the stock a “buy” rating in a research report on Tuesday, February 24th. Truist Financial set a $424.00 price target on Home Depot in a research report on Tuesday, February 24th. Wells Fargo & Company lifted their price target on Home Depot from $395.00 to $420.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 25th. Guggenheim boosted their price objective on shares of Home Depot from $400.00 to $425.00 and gave the stock a “buy” rating in a research report on Wednesday, February 25th. Finally, Piper Sandler lowered their price objective on shares of Home Depot from $441.00 to $422.00 and set an “overweight” rating on the stock in a research note on Monday, February 23rd. 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, the stock has an average rating of “Moderate Buy” and an average price target of $414.52.

More Home Depot News

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

• Positive Sentiment: Jefferies reiterates a bullish view after Home Depot’s acquisition of Mingledorff, saying the deal strengthens scale and financial stability — a catalyst supporting the rally. Jefferies Bullish on The Home Depot (HD) Following Mingledorff Acquisition Jefferies Bullish on The Home Depot (HD) Following Mingledorff Acquisition (MSN)
• Neutral Sentiment: Coverage piece on valuation notes a recent pullback in HD’s share price and highlights the company’s large revenue base — frames current moves as a partial de-risking/valuation reset rather than a structural problem. A Look At Home Depot (HD) Valuation After Recent Share Price Pullback
• Neutral Sentiment: Broader retail/tech coverage on how AI is changing shopping highlights opportunity and competitive pressure from platforms (Amazon, Walmart) that could alter online discovery — a longer-term thematic risk/opportunity for HD’s omnichannel strategy. AI Shopping Shift Puts Amazon, Walmart in Focus
• Neutral Sentiment: Commentary cautioning against “AI washing” suggests management messaging may overpromise on automation benefits — watch execution versus rhetoric. With AI Washing, C-Suite Lets Tech Take the Credit (and the Blame)
• Neutral Sentiment: General investor pieces flagging cash-generation concerns for some large stocks — contextually useful for dividend/ buyback investors but not an immediate company-specific headline. 3 Cash-Producing Stocks That Concern Us
• Neutral Sentiment: Routine market/quote pages and two small insider option-exercise notices (reported as $0) — no material insider selling or large insider buy disclosed in these filings. The Home Depot, Inc. (HD) Michael F Rowe Decides To Exercise Options At Home Depot Worth $0 Options Exercise Update At Home Depot: Teresa Wynn Roseborough Engages, Resulting In $0
• Negative Sentiment: Seeking Alpha downgrade argues HD faces macro headwinds (soft housing, weak consumer, margin pressure) and estimates a fair value well below the current price — a bearish catalyst that can keep near-term pressure on multiples. Stay Away From Home Depot Amid Macroeconomic Headwinds (Rating Downgrade)

Insider Transactions at Home Depot

In other Home Depot 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 sale, the chief financial officer directly owned 44,566 shares of the company’s stock, valued at $16,439,951.74. This trade represents a 5.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.10% of the company’s stock.

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.