Brookstone Capital Management Increases Holdings in The Home Depot, Inc. $HD

Brookstone Capital Management increased its position in shares of The Home Depot, Inc. (NYSE:HD) by 5.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 36,452 shares of the home improvement retailer’s stock after purchasing an additional 1,905 shares during the quarter. Brookstone Capital Management’s holdings in Home Depot were worth $12,543,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of HD. Parvin Asset Management LLC boosted its holdings in shares of Home Depot by 110.0% in 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 last quarter. Sagard Holdings Management Inc. acquired a new stake in shares of Home Depot in the second quarter worth $29,000. Financially Speaking Inc purchased a new position in shares of Home Depot during the third quarter worth $31,000. Disciplined Equity Management Inc. purchased a new position in shares of Home Depot during the fourth quarter worth $34,000. Finally, Imprint Wealth LLC acquired a new position in Home Depot during the third quarter valued at $34,000. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Home Depot News Summary

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

• Positive Sentiment: Named Dr. Franziska “Fran” Bell as EVP & Chief Technology Officer to lead technology, product, data and AI — signals a deliberate push to embed advanced AI across operations and customer experience, which could boost productivity, personalization and margins over time. The Home Depot Names Franziska Bell EVP and Chief Technology Officer
• Positive Sentiment: Analyses highlight Fran Bell’s deep AI experience (Ford, BP, Uber, Toyota) and argue the CTO hire could be a “game changer” by accelerating agentic AI initiatives across merchandising, fulfillment and customer search — a potential long-term positive for revenue mix and efficiency. Home Depot’s New AI-Focused CTO Appointment Could Be A Game Changer For Home Depot (HD)
• Neutral Sentiment: Market commentary notes HD’s shares rose but still underperformed the broader market recently — a reminder investors are weighing positive strategic moves against near-term demand headwinds. Home Depot Inc. stock rises Tuesday, still underperforms market
• Neutral Sentiment: Valuation-focused pieces point to a recent pullback in the share price (month and week declines noted), making the stock cheaper versus recent highs — raises the question of whether the retreat is a buying opportunity or a signal of cyclical softness. A Look At Home Depot (HD) Valuation After Recent Share Price Pullback
• Neutral Sentiment: Broader retail/tech coverage on AI-driven shopping suggests incumbents (Amazon, Walmart, Home Depot) could gain/lose share depending on how quickly they deploy AI for search and buying — a structural tailwind if HD’s new CTO accelerates execution. AI Shopping Shift Puts Amazon, Walmart in Focus
• Neutral Sentiment: Watsco sell-off commentary references SRS Distribution (a Home Depot affiliate) expanding via acquisitions, a development that could increase HD’s wholesale footprint but also draws competitive scrutiny—indirect for HD, but worth monitoring for margin/scale effects. William Blair Says Watsco (WSO) Sell-Off Overdone Despite New Competition
• Negative Sentiment: Zacks warns of a big-ticket slowdown: growth in larger projects is being driven by repairs rather than remodels, as high interest rates and weak housing turnover delay major renovation spending — a direct risk to Home Depot’s revenue mix and sales cadence. Home Depot Faces Big-Ticket Slowdown: Temporary or Trend?

Home Depot Stock Performance

NYSE:HD opened at $328.43 on Wednesday. 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 stock has a market capitalization of $327.12 billion, a PE ratio of 23.08, a P/E/G ratio of 3.53 and a beta of 1.09. The Home Depot, Inc. has a fifty-two week low of $320.26 and a fifty-two week high of $426.75. The company has a fifty day moving average of $364.57 and a two-hundred day moving average of $369.31.

Home Depot (NYSE:HD) last announced its 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. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The business had revenue of $38.20 billion for the quarter, compared to analyst estimates of $38.01 billion. During the same quarter last year, the business earned $3.13 earnings per share. The company’s revenue for the quarter 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, research analysts forecast that The Home Depot, Inc. will post 15.13 earnings per share 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 dividend of $2.33 per share. The ex-dividend date of this dividend was Thursday, March 12th. This is an increase 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 currently 65.50%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Daiwa Securities Group increased their price target on Home Depot from $360.00 to $390.00 and gave the stock a “neutral” rating in a research report on Thursday, February 26th. BNP Paribas Exane decreased their price objective on Home Depot from $391.00 to $348.00 and set a “neutral” rating for the company in a report on Tuesday, March 24th. Guggenheim upped their target price on Home Depot from $400.00 to $425.00 and gave the stock a “buy” rating in a research note on Wednesday, February 25th. Truist Financial set a $424.00 target price on Home Depot in a report on Tuesday, February 24th. Finally, Piper Sandler reduced their price target on Home Depot from $441.00 to $422.00 and set an “overweight” rating for the company in a research report on Monday, February 23rd. 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 stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $414.52.

Insider Activity at Home Depot

In other news, CFO Richard V. Mcphail sold 2,550 shares of the firm’s stock in a transaction that occurred 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 owned 44,566 shares in the company, valued at $16,439,951.74. This trade represents a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.10% of the stock is owned by insiders.

Home Depot Company 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.