McBroom & Associates LLC Cuts Stake in The Home Depot, Inc. $HD

McBroom & Associates LLC lessened its position in The Home Depot, Inc. (NYSE:HD) by 9.3% in the 4th quarter, Holdings Channel reports. The fund owned 15,253 shares of the home improvement retailer’s stock after selling 1,568 shares during the period. Home Depot accounts for approximately 2.6% of McBroom & Associates LLC’s holdings, making the stock its 17th biggest position. McBroom & Associates LLC’s holdings in Home Depot were worth $5,249,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in HD. Vanguard Group Inc. boosted its holdings in Home Depot by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 98,310,031 shares of the home improvement retailer’s stock valued at $39,834,241,000 after purchasing an additional 331,217 shares in the last quarter. State Street Corp raised its stake in shares of Home Depot by 0.7% during the 2nd quarter. State Street Corp now owns 46,015,836 shares of the home improvement retailer’s stock worth $16,871,246,000 after buying an additional 300,352 shares in the last quarter. Capital Research Global Investors raised its stake in shares of Home Depot by 0.3% during the 3rd quarter. Capital Research Global Investors now owns 11,400,133 shares of the home improvement retailer’s stock worth $4,619,229,000 after buying an additional 30,739 shares in the last quarter. Wellington Management Group LLP lifted its holdings in shares of Home Depot by 60.8% in the 3rd quarter. Wellington Management Group LLP now owns 10,143,089 shares of the home improvement retailer’s stock valued at $4,109,878,000 after buying an additional 3,836,051 shares during the period. Finally, Fisher Asset Management LLC lifted its holdings in shares of Home Depot by 2.0% in the 3rd quarter. Fisher Asset Management LLC now owns 10,130,293 shares of the home improvement retailer’s stock valued at $4,104,694,000 after buying an additional 197,211 shares during the period. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Home Depot Stock Performance

Shares of HD stock opened at $321.79 on Monday. The stock has a fifty day moving average price of $361.06 and a 200 day moving average price of $367.28. 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 cap of $320.51 billion, a PE ratio of 22.61, a P/E/G 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.

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 quarter in the prior year, the company earned $3.13 earnings per share. Home Depot’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 forecast 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 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. This is an increase from Home Depot’s previous quarterly dividend of $2.30. The ex-dividend date was Thursday, March 12th. This represents a $9.32 annualized dividend and a yield of 2.9%. Home Depot’s payout ratio is 65.50%.

Insiders Place Their Bets

In other Home Depot news, CFO Richard V. Mcphail sold 2,550 shares of Home Depot stock in a transaction dated Wednesday, March 4th. The shares were 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 owned 44,566 shares in the company, valued at approximately $16,439,951.74. The trade was a 5.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

HD has been the topic of a number of recent analyst reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Home Depot in a report on Friday, March 27th. Jefferies Financial Group raised their target price on Home Depot from $424.00 to $454.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. Royal Bank Of Canada upped their price target on shares of Home Depot from $363.00 to $377.00 and gave the stock a “sector perform” rating in a research note on Wednesday, February 25th. Wolfe Research increased 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. Finally, Telsey Advisory Group reiterated an “outperform” rating and issued a $435.00 price objective on shares of Home Depot in a research note on Wednesday, March 25th. Twenty investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Home Depot has an average rating of “Moderate Buy” and an average target price of $414.17.

Key Stories Impacting Home Depot

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 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.