The Home Depot, Inc. $HD Shares Acquired by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC lifted its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 14.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 472,106 shares of the home improvement retailer’s stock after acquiring an additional 59,783 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Home Depot were worth $163,264,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Parvin Asset Management LLC boosted its stake in Home Depot by 110.0% during the 3rd quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock worth $26,000 after purchasing an additional 33 shares during the period. Sagard Holdings Management Inc. acquired a new position in Home Depot in the second quarter valued at $29,000. Financially Speaking Inc acquired a new position in Home Depot in the third quarter valued at $31,000. Disciplined Equity Management Inc. purchased a new stake in shares of Home Depot in the fourth quarter valued at about $34,000. Finally, Imprint Wealth LLC purchased a new stake in shares of Home Depot in the third quarter valued at about $34,000. 70.86% of the stock is owned by institutional investors and hedge funds.

Home Depot Price Performance

Shares of NYSE:HD opened at $328.43 on Wednesday. The Home Depot, Inc. has a 52 week low of $320.26 and a 52 week high of $426.75. The company has a 50-day moving average price of $364.57 and a 200 day moving average price of $369.31. The company has a market cap of $327.12 billion, a P/E ratio of 23.08, a PEG ratio of 3.53 and a beta of 1.09. 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 released its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.52 by $0.20. The company had revenue of $38.20 billion for the quarter, compared to analysts’ expectations of $38.01 billion. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.The firm’s quarterly revenue was down 3.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Research analysts predict that The Home Depot, Inc. will post 15.13 earnings per share for the current year.

Home Depot Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were issued a dividend of $2.33 per share. 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 yield of 2.8%. The ex-dividend date of this dividend was Thursday, March 12th. Home Depot’s dividend payout ratio 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 completion of the transaction, the chief financial officer owned 44,566 shares in the company, valued at approximately $16,439,951.74. This represents a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.10% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

HD has been the topic of a number of research reports. Piper Sandler lowered their price target on Home Depot from $441.00 to $422.00 and set an “overweight” rating on the stock in a report on Monday, February 23rd. Zacks Research raised Home Depot from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. TD Cowen reiterated a “buy” rating on shares of Home Depot in a research note on Thursday, March 12th. KeyCorp reissued a “sector weight” rating on shares of Home Depot in a report on Wednesday, February 25th. Finally, Daiwa Securities Group upped their price target on Home Depot from $360.00 to $390.00 and gave the stock a “neutral” rating in a research note on Thursday, February 26th. Twenty investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $414.52.

Trending Headlines about Home Depot

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?

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.