Bar Harbor Wealth Management Purchases 1,574 Shares of The Home Depot, Inc. $HD

Bar Harbor Wealth Management grew its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 6.0% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 27,607 shares of the home improvement retailer’s stock after purchasing an additional 1,574 shares during the quarter. Bar Harbor Wealth Management’s holdings in Home Depot were worth $9,080,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of HD. Vanguard Group Inc. lifted its position in Home Depot by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 99,635,779 shares of the home improvement retailer’s stock valued at $34,284,672,000 after purchasing an additional 1,325,748 shares in the last quarter. State Street Corp increased its position in Home Depot by 1.8% in the fourth quarter. State Street Corp now owns 46,925,342 shares of the home improvement retailer’s stock worth $16,147,010,000 after buying an additional 825,164 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Home Depot by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 23,756,142 shares of the home improvement retailer’s stock worth $8,151,344,000 after buying an additional 343,153 shares during the period. Bank of America Corp DE increased its holdings in Home Depot by 5.6% in the 4th quarter. Bank of America Corp DE now owns 16,063,532 shares of the home improvement retailer’s stock worth $5,527,461,000 after acquiring an additional 851,029 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in Home Depot by 7.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 15,471,132 shares of the home improvement retailer’s stock worth $5,323,620,000 after acquiring an additional 1,113,114 shares in the last quarter. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: Home Depot is continuing to invest in AI tools for shoppers and store employees, which could improve customer experience, labor efficiency, and long-term operating performance. How Home Depot is rebuilding retailing with AI
• Positive Sentiment: Management reaffirmed full-year guidance and said comparable sales have moved back into positive territory, reinforcing the view that underlying demand is holding up despite a soft housing market. Prediction: Home Depot Will Hit $400 on This Date
• Neutral Sentiment: Analysts still generally rate Home Depot as a moderate buy, suggesting Wall Street remains constructive overall even after recent volatility. The Home Depot, Inc. Receives Average Recommendation of “Moderate Buy” from Analysts
• Negative Sentiment: Wolfe Research downgraded Home Depot to Peer Perform from a more bullish view, which likely pressured the stock by signaling less near-term upside. Wolfe Research upgrades Target to Top Pick, downgrades Home Depot and Five Below
• Negative Sentiment: TipRanks highlighted the stock’s pullback after the Wolfe Research downgrade, underscoring that the recent move appears tied more to analyst sentiment than to a major operational setback. Why Is Home Depot (HD) Stock Falling Today, 6/23/2026?

Wall Street Analyst Weigh In

HD has been the subject of a number of recent analyst reports. Mizuho dropped their price target on shares of Home Depot from $415.00 to $385.00 and set an “outperform” rating for the company in a research report on Wednesday, May 20th. BNP Paribas Exane decreased their price target on Home Depot from $348.00 to $325.00 and set a “neutral” rating on the stock in a report on Tuesday, May 19th. JPMorgan Chase & Co. lowered their price objective on Home Depot from $423.00 to $396.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 20th. KeyCorp reaffirmed a “sector weight” rating on shares of Home Depot in a research note on Wednesday, February 25th. Finally, Stifel Nicolaus cut their target price on Home Depot from $375.00 to $320.00 and set a “hold” rating for the company in a research report on Monday, May 18th. Eighteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $371.71.

Home Depot Stock Up 5.4%

HD opened at $341.83 on Thursday. The company has a market capitalization of $340.84 billion, a PE ratio of 24.28, a price-to-earnings-growth ratio of 3.75 and a beta of 0.97. The firm has a 50-day simple moving average of $322.76 and a two-hundred day simple moving average of $345.83. The company has a quick ratio of 0.28, a current ratio of 1.04 and a debt-to-equity ratio of 3.23. The Home Depot, Inc. has a 52 week low of $289.10 and a 52 week high of $426.75.

Home Depot (NYSE:HD) last issued its earnings results on Tuesday, May 19th. The home improvement retailer reported $3.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.41 by $0.02. The firm had revenue of $41.77 billion for the quarter, compared to analysts’ expectations of $41.59 billion. Home Depot had a return on equity of 117.24% and a net margin of 8.41%.The business’s revenue was up 4.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.56 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Analysts forecast that The Home Depot, Inc. will post 15.01 earnings per share for the current fiscal year.

Home Depot Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were given a dividend of $2.33 per share. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Thursday, June 4th. Home Depot’s dividend payout ratio is currently 66.19%.

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.