Signal Advisors Wealth LLC Grows Stake in The Home Depot, Inc. $HD

Signal Advisors Wealth LLC increased its position in shares of The Home Depot, Inc. (NYSE:HD) by 41.2% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,318 shares of the home improvement retailer’s stock after purchasing an additional 2,429 shares during the quarter. Signal Advisors Wealth LLC’s holdings in Home Depot were worth $2,736,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the company. Gator Capital Management LLC purchased a new stake in shares of Home Depot in the fourth quarter valued at about $3,693,000. King Luther Capital Management Corp increased its stake in shares of Home Depot by 0.6% during the 4th quarter. King Luther Capital Management Corp now owns 1,240,478 shares of the home improvement retailer’s stock worth $426,848,000 after purchasing an additional 7,180 shares in the last quarter. Carnegie Investment Counsel raised its position in shares of Home Depot by 24.8% during the 4th quarter. Carnegie Investment Counsel now owns 108,306 shares of the home improvement retailer’s stock worth $37,268,000 after purchasing an additional 21,545 shares during the last quarter. Savvy Advisors Inc. raised its position in shares of Home Depot by 36.0% during the 4th quarter. Savvy Advisors Inc. now owns 19,478 shares of the home improvement retailer’s stock worth $6,703,000 after purchasing an additional 5,152 shares during the last quarter. Finally, Mariner LLC lifted its stake in Home Depot by 3.7% in the 3rd quarter. Mariner LLC now owns 1,136,584 shares of the home improvement retailer’s stock valued at $460,544,000 after buying an additional 40,693 shares in the last quarter. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Gordon Haskett increased their target price on Home Depot from $320.00 to $330.00 in a report on Friday, June 12th. HSBC cut their price target on Home Depot from $392.00 to $310.00 and set a “hold” rating for the company in a report on Wednesday, May 20th. KeyCorp reaffirmed a “sector weight” rating on shares of Home Depot in a research note on Wednesday, February 25th. Wells Fargo & Company dropped their price objective on Home Depot from $375.00 to $360.00 and set an “overweight” rating for the company in a research report on Wednesday, May 20th. Finally, Morgan Stanley cut their target price on shares of Home Depot from $420.00 to $400.00 and set an “overweight” rating for the company in a research note on Wednesday, May 20th. Eighteen research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Home Depot has a consensus rating of “Moderate Buy” and an average target price of $371.71.

Home Depot Trading Up 5.4%

Shares of HD opened at $341.83 on Thursday. The Home Depot, Inc. has a fifty-two week low of $289.10 and a fifty-two week high of $426.75. 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 stock has a fifty day moving average of $322.76 and a two-hundred day moving average of $345.83. The company has a debt-to-equity ratio of 3.23, a quick ratio of 0.28 and a current ratio of 1.04.

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

Home Depot Dividend Announcement

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

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?

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.