BCS Wealth Management Reduces Holdings in The Home Depot, Inc. $HD

BCS Wealth Management reduced its position in The Home Depot, Inc. (NYSE:HD) by 50.9% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,699 shares of the home improvement retailer’s stock after selling 1,759 shares during the quarter. BCS Wealth Management’s holdings in Home Depot were worth $559,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cidel Asset Management Inc. boosted its stake in Home Depot by 22.2% during the 1st quarter. Cidel Asset Management Inc. now owns 6,170 shares of the home improvement retailer’s stock worth $2,029,000 after purchasing an additional 1,119 shares during the last quarter. Cache Advisors LLC purchased a new position in shares of Home Depot in the first quarter worth about $27,000. Richards Merrill & Peterson Inc. boosted its position in Home Depot by 1.8% during the first quarter. Richards Merrill & Peterson Inc. now owns 9,878 shares of the home improvement retailer’s stock worth $3,249,000 after acquiring an additional 178 shares during the last quarter. New Covenant Trust Company N.A. boosted its position in Home Depot by 4.8% during the first quarter. New Covenant Trust Company N.A. now owns 1,313 shares of the home improvement retailer’s stock worth $432,000 after acquiring an additional 60 shares during the last quarter. Finally, Bar Harbor Wealth Management grew its stake in Home Depot by 6.0% during the 1st quarter. Bar Harbor Wealth Management now owns 27,607 shares of the home improvement retailer’s stock valued at $9,080,000 after acquiring an additional 1,574 shares in the last quarter. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Home Depot Stock Performance

NYSE:HD opened at $341.83 on Thursday. The company has a debt-to-equity ratio of 3.23, a current ratio of 1.04 and a quick ratio of 0.28. The firm has a market capitalization of $340.84 billion, a price-to-earnings ratio of 24.28, a PEG ratio of 3.75 and a beta of 0.97. The company’s 50-day moving average is $322.76 and its two-hundred day moving average is $345.83. The Home Depot, Inc. has a 1-year low of $289.10 and a 1-year high of $426.75.

Home Depot (NYSE:HD) last posted its quarterly earnings results on Tuesday, May 19th. The home improvement retailer reported $3.43 earnings per share for the quarter, beating the consensus estimate of $3.41 by $0.02. The business had revenue of $41.77 billion during the quarter, compared to analysts’ expectations of $41.59 billion. Home Depot had a net margin of 8.41% and a return on equity of 117.24%. The business’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.56 EPS. 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 EPS for the current year.

Home Depot Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were given a $2.33 dividend. This represents a $9.32 annualized dividend and a yield of 2.7%. The ex-dividend date was Thursday, June 4th. Home Depot’s dividend payout ratio is presently 66.19%.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Wells Fargo & Company cut their price objective on shares of Home Depot from $375.00 to $360.00 and set an “overweight” rating for the company in a report on Wednesday, May 20th. DA Davidson lowered their target price on Home Depot from $445.00 to $377.00 and set a “buy” rating on the stock in a report on Tuesday, May 19th. HSBC dropped their price target on Home Depot from $392.00 to $310.00 and set a “hold” rating for the company in a research report on Wednesday, May 20th. Wall Street Zen raised Home Depot from a “sell” rating to a “hold” rating in a report on Tuesday, June 2nd. Finally, Evercore reduced their price objective on Home Depot from $415.00 to $400.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 20th. Eighteen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $371.71.

More Home Depot News

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?

About Home Depot

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.