Beacon Investment Advisory Services Inc. Cuts Position in The Home Depot, Inc. $HD

Beacon Investment Advisory Services Inc. decreased its holdings in The Home Depot, Inc. (NYSE:HD) by 2.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 79,536 shares of the home improvement retailer’s stock after selling 2,271 shares during the quarter. Home Depot makes up 1.1% of Beacon Investment Advisory Services Inc.’s holdings, making the stock its 29th biggest holding. Beacon Investment Advisory Services Inc.’s holdings in Home Depot were worth $27,368,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of HD. Parvin Asset Management LLC raised its stake 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 worth $26,000 after buying an additional 33 shares during the period. Sagard Holdings Management Inc. purchased a new stake in Home Depot in the 2nd quarter worth $29,000. Financially Speaking Inc acquired a new position in Home Depot during the third quarter worth $31,000. Disciplined Equity Management Inc. purchased a new position in Home Depot during the fourth quarter valued at $34,000. Finally, Imprint Wealth LLC purchased a new position in Home Depot during the third quarter valued at $34,000. 70.86% of the stock is owned by institutional investors and hedge funds.

Home Depot Trading Down 2.4%

Shares of Home Depot stock opened at $321.79 on Friday. The company has a debt-to-equity ratio of 3.62, a current ratio of 1.06 and a quick ratio of 0.26. The stock’s 50 day simple moving average is $362.29 and its 200-day simple moving average is $368.71. The stock has a market cap of $320.51 billion, a P/E ratio of 22.61, a P/E/G ratio of 3.60 and a beta of 1.09. The Home Depot, Inc. has a 1-year low of $318.66 and a 1-year high of $426.75.

Home Depot (NYSE:HD) last announced its quarterly earnings data on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, topping analysts’ consensus estimates of $2.52 by $0.20. The firm 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 firm’s revenue was down 3.8% compared to the same quarter last year. During the same quarter last year, the business posted $3.13 earnings per share. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Analysts predict that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.

Home Depot Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th were given a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Thursday, March 12th. This is a positive change from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s dividend payout ratio is presently 65.50%.

Analyst Ratings Changes

HD has been the subject of a number of research reports. The Goldman Sachs Group cut their target price on shares of Home Depot from $413.00 to $409.00 in a research note on Wednesday, February 25th. Evercore decreased their price target on shares of Home Depot from $425.00 to $415.00 and set an “outperform” rating on the stock in a research note on Tuesday. Citigroup lifted their price objective on Home Depot from $407.00 to $450.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Jefferies Financial Group boosted their price objective on Home Depot from $424.00 to $454.00 and gave the stock a “buy” rating in a research note on Tuesday, February 24th. Finally, Morgan Stanley increased their target price on Home Depot from $412.00 to $420.00 and gave the company an “overweight” rating in a report on Wednesday, February 25th. Twenty equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $414.17.

Trending Headlines about Home Depot

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

• Positive Sentiment: Home Depot is expanding into HVAC distribution with the acquisition of Mingledorff’s, increasing exposure to a ~$100B HVAC market in the Southeast and signaling growth beyond core retail. The deal is expected to keep Mingledorff’s leadership in place and have minimal near‑term leverage impact. Read More.
• Positive Sentiment: The company appointed Franziska Bell to lead its AI-driven technology strategy as CTO, a move aimed at customer experience and operational efficiency that could improve margins and productivity over time. Read More.
• Positive Sentiment: Home Depot broadened its online assortment through a supplier partnership (AXIL Brands) that adds specialty products to HomeDepot.com, supporting incremental e‑commerce sales. Read More.
• Neutral Sentiment: Evercore lowered its price target on HD from $425 to $415 but kept an Outperform rating, reflecting confidence in the long-term story despite near-term headwinds. That keeps institutional backing but removes some upside cushion. Read More.
• Neutral Sentiment: Coverage pieces place Home Depot among large-cap stocks with mixed potential — highlighting stable dividend/scale attributes but also slower growth versus peers; this frames HD as a steadier income/quality holding rather than a high-growth pick. Read More.
• Negative Sentiment: Despite beating EPS estimates last quarter ($2.72 vs. $2.52), Home Depot reported revenue down ~3.8% Y/Y and set FY2026 EPS guidance in the $14.23–$14.80 range, below some sell‑side forecasts — a combination that pressures near‑term sentiment and valuation multiples. Read More.
• Negative Sentiment: Analysts and coverage highlight a worrisome shift in consumer behavior and intensifying competition from Lowe’s (which is upgrading its shopping experience), both of which could weigh on same‑store sales and margin recovery. Read More.
• Negative Sentiment: Sector headlines and other retail misses (e.g., peer earnings volatility) are pressuring stocks in the space, increasing risk aversion among investors and amplifying downside for HD until clearer sales/margin improvement shows up. Read More.

Insider Buying and Selling at Home Depot

In related news, CFO Richard V. Mcphail sold 2,550 shares of the company’s stock in a transaction dated Wednesday, March 4th. The shares were 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 owned 44,566 shares of the company’s stock, valued at approximately $16,439,951.74. This represents a 5.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 0.10% of the company’s stock.

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.