Florida Trust Wealth Management Co Boosts Stock Position in The Home Depot, Inc. $HD

Florida Trust Wealth Management Co raised its holdings in The Home Depot, Inc. (NYSE:HD) by 0.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 248,348 shares of the home improvement retailer’s stock after acquiring an additional 1,606 shares during the quarter. Home Depot accounts for about 2.4% of Florida Trust Wealth Management Co’s portfolio, making the stock its 6th biggest holding. Florida Trust Wealth Management Co’s holdings in Home Depot were worth $85,456,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Wellington Management Group LLP boosted its holdings in Home Depot by 60.8% during the third quarter. Wellington Management Group LLP now owns 10,143,089 shares of the home improvement retailer’s stock worth $4,109,878,000 after buying an additional 3,836,051 shares in the last quarter. Franklin Resources Inc. increased its holdings in shares of Home Depot by 37.6% in the third quarter. Franklin Resources Inc. now owns 3,806,308 shares of the home improvement retailer’s stock valued at $1,542,278,000 after buying an additional 1,040,577 shares in the last quarter. Voya Investment Management LLC increased its holdings in shares of Home Depot by 112.3% in the third quarter. Voya Investment Management LLC now owns 1,444,128 shares of the home improvement retailer’s stock valued at $585,147,000 after buying an additional 763,739 shares in the last quarter. Alyeska Investment Group L.P. acquired a new stake in shares of Home Depot during the 3rd quarter valued at $284,893,000. Finally, ABN AMRO Bank N.V. lifted its position in shares of Home Depot by 2,427.3% during the 3rd quarter. ABN AMRO Bank N.V. now owns 631,551 shares of the home improvement retailer’s stock valued at $254,943,000 after acquiring an additional 606,562 shares during the last quarter. Institutional investors own 70.86% of the company’s stock.

Insider Buying and Selling at Home Depot

In related news, CFO Richard V. Mcphail sold 2,550 shares of the business’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 completion of the sale, the chief financial officer directly owned 44,566 shares in the company, valued at approximately $16,439,951.74. The trade was a 5.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on HD shares. Zacks Research upgraded Home Depot from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. Piper Sandler reduced their price objective on shares of Home Depot from $441.00 to $422.00 and set an “overweight” rating for the company in a research note on Monday, February 23rd. Evercore decreased their target price on shares of Home Depot from $425.00 to $415.00 and set an “outperform” rating for the company in a report on Tuesday, March 31st. The Goldman Sachs Group dropped their target price on shares of Home Depot from $413.00 to $409.00 in a research report on Wednesday, February 25th. Finally, Wolfe Research boosted their price target on shares of Home Depot from $413.00 to $414.00 and gave the company an “outperform” rating in a report on Wednesday, February 25th. Twenty 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 company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $414.17.

Home Depot Stock Up 0.1%

HD stock opened at $321.79 on Monday. The firm has a market cap of $320.51 billion, a PE ratio of 22.61, a PEG ratio of 3.51 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. The company has a fifty day simple moving average of $361.06 and a 200 day simple moving average of $367.28. The company has a current ratio of 1.06, a quick ratio of 0.26 and a debt-to-equity ratio of 3.62.

Home Depot (NYSE:HD) last posted its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.52 by $0.20. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.The company had revenue of $38.20 billion for the quarter, compared to analyst estimates of $38.01 billion. During the same period last year, the company earned $3.13 earnings per share. The business’s revenue 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. Sell-side analysts anticipate that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.

Home Depot Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were paid a $2.33 dividend. This represents a $9.32 dividend on an annualized basis 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 (DPR) is 65.50%.

More 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

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.