Thurston Springer Miller Herd & Titak Inc. Buys 4,468 Shares of The Home Depot, Inc. $HD

Thurston Springer Miller Herd & Titak Inc. boosted its position in The Home Depot, Inc. (NYSE:HD) by 398.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,589 shares of the home improvement retailer’s stock after purchasing an additional 4,468 shares during the period. Home Depot comprises approximately 0.7% of Thurston Springer Miller Herd & Titak Inc.’s portfolio, making the stock its 25th biggest holding. Thurston Springer Miller Herd & Titak Inc.’s holdings in Home Depot were worth $1,924,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Parvin Asset Management LLC raised its stake in shares of Home Depot by 110.0% in the third quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock valued at $26,000 after buying an additional 33 shares during the period. Financially Speaking Inc bought a new position in shares of Home Depot during the 3rd quarter worth $31,000. Sagard Holdings Management Inc. bought a new position in shares of Home Depot during the 2nd quarter worth $29,000. Imprint Wealth LLC purchased a new stake in Home Depot in the 3rd quarter worth about $34,000. Finally, Dougherty Wealth Advisers LLC purchased a new stake in Home Depot in the 3rd quarter worth about $38,000. 70.86% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have commented on HD. Robert W. Baird upped their price objective on shares of Home Depot from $400.00 to $430.00 and gave the company an “outperform” rating in a report on Tuesday, February 17th. Wall Street Zen upgraded shares of Home Depot from a “sell” rating to a “hold” rating in a research note on Saturday, March 21st. Morgan Stanley boosted their price target on shares of Home Depot from $412.00 to $420.00 and gave the company an “overweight” rating in a research report on Wednesday, February 25th. Guggenheim upped their price target on shares of Home Depot from $400.00 to $425.00 and gave the company a “buy” rating in a research note on Wednesday, February 25th. Finally, The Goldman Sachs Group cut their price objective on shares of Home Depot from $413.00 to $409.00 in a report on Wednesday, February 25th. Twenty equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Home Depot presently has a consensus rating of “Moderate Buy” and a consensus target price of $414.17.

Home Depot Stock Performance

Home Depot stock opened at $321.79 on Friday. The Home Depot, Inc. has a 1-year low of $318.66 and a 1-year high of $426.75. The company has a current ratio of 1.06, a quick ratio of 0.26 and a debt-to-equity ratio of 3.62. The firm has a market capitalization of $320.51 billion, a PE ratio of 22.61, a price-to-earnings-growth ratio of 3.51 and a beta of 1.09. The firm’s 50 day simple moving average is $361.06 and its 200 day simple moving average is $367.63.

Home Depot (NYSE:HD) last announced its quarterly 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 firm had revenue of $38.20 billion during the quarter, compared to the consensus estimate of $38.01 billion. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The business’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same period last year, the firm earned $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. As a group, analysts expect that The Home Depot, Inc. will post 15.13 earnings per share for the current fiscal 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 paid a dividend of $2.33 per share. This is a positive change from Home Depot’s previous quarterly dividend of $2.30. This represents a $9.32 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Thursday, March 12th. Home Depot’s dividend payout ratio is 65.50%.

Key Home Depot News

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

• Positive Sentiment: Named Franziska Bell (formerly Ford’s AI lead) as EVP & CTO to scale agentic AI — a move that could accelerate merchandising, supply-chain automation and customer personalization, supporting long‑term margin upside. Home Depot Recruits Ford Tech Leader to Scale Agentic AI
• Positive Sentiment: Expanding into HVAC distribution with the Mingledorff’s deal increases exposure to a ~$100B market in the Southeast and diversifies B2B revenue streams — management expects minimal leverage impact. This helps the growth/market‑reach story. Home Depot HVAC Deal Expands Market Reach And Shifts Investor Focus
• Neutral Sentiment: Still counts as a Dividend Aristocrat, which supports income investors’ interest but doesn’t change near‑term growth dynamics. Meet the Next Generation of Dividend Aristocrats
• Negative Sentiment: Shares hit a 52-week low amid broader market pressures and sector headwinds, a clear near-term bearish signal for momentum and sentiment. Home Depot stock hits 52-week low at $320.22 amid market pressures
• Negative Sentiment: Evercore cut its price target to $415, signaling reduced analyst upside and likely weighing on sentiment among momentum and target‑driven investors. Evercore Cuts Home Depot (NYSE:HD) Price Target to $415.00
• Negative Sentiment: Recent coverage highlights a downward move in the stock amid broader market gains and notes worrisome shifts in consumer behavior and slowing comparable‑sales trends — pressure on near‑term top‑line and margins. Home Depot (HD) Stock Sinks As Market Gains: Here’s Why

Insider Buying and Selling

In related news, CFO Richard V. Mcphail sold 2,550 shares of the business’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $368.89, for a total transaction of $940,669.50. Following the completion of the transaction, the chief financial officer directly owned 44,566 shares in the company, valued at $16,439,951.74. The trade was a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.10% of the stock is currently 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.