Principal Financial Group Inc. Has $454.92 Million Position in The Home Depot, Inc. $HD

Principal Financial Group Inc. increased its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 0.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,322,047 shares of the home improvement retailer’s stock after acquiring an additional 5,294 shares during the quarter. Principal Financial Group Inc.’s holdings in Home Depot were worth $454,916,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in HD. Brighton Jones LLC increased its holdings in shares of Home Depot by 36.5% during the 4th quarter. Brighton Jones LLC now owns 26,918 shares of the home improvement retailer’s stock worth $10,471,000 after acquiring an additional 7,203 shares during the last quarter. Sivia Capital Partners LLC increased its holdings in shares of Home Depot by 7.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,598 shares of the home improvement retailer’s stock worth $952,000 after acquiring an additional 173 shares during the last quarter. Schnieders Capital Management LLC. increased its holdings in shares of Home Depot by 14.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 11,587 shares of the home improvement retailer’s stock worth $4,248,000 after acquiring an additional 1,433 shares during the last quarter. Darwin Wealth Management LLC acquired a new position in shares of Home Depot during the 2nd quarter worth approximately $1,773,000. Finally, Financial Advisors Network Inc. grew its holdings in Home Depot by 11.3% in the 2nd quarter. Financial Advisors Network Inc. now owns 2,368 shares of the home improvement retailer’s stock valued at $868,000 after buying an additional 241 shares in the last quarter. 70.86% of the stock is owned by institutional investors and hedge funds.

Home Depot Price Performance

Shares of HD stock opened at $312.55 on Tuesday. The company has a quick ratio of 0.26, a current ratio of 1.06 and a debt-to-equity ratio of 3.62. The Home Depot, Inc. has a twelve month low of $312.26 and a twelve month high of $426.75. The company has a market cap of $311.31 billion, a P/E ratio of 21.96, a P/E/G ratio of 3.54 and a beta of 1.00. The business has a fifty day simple moving average of $343.27 and a 200 day simple moving average of $359.02.

Home Depot (NYSE:HD) last announced its quarterly earnings data on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, topping 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 business had revenue of $38.20 billion during the quarter, compared to the consensus estimate of $38.01 billion. During the same period in the prior year, the company earned $3.13 EPS. Home Depot’s revenue for the quarter was down 3.8% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. On average, sell-side analysts forecast that The Home Depot, Inc. will post 15.03 EPS for the current fiscal year.

Home Depot Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were given a dividend of $2.33 per share. The ex-dividend date was Thursday, March 12th. This represents a $9.32 annualized dividend and a dividend yield of 3.0%. This is an increase from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s dividend payout ratio is currently 65.50%.

Analyst Upgrades and Downgrades

HD has been the topic of a number of research reports. Daiwa Securities Group upped their price objective on Home Depot from $360.00 to $390.00 and gave the company a “neutral” rating in a report on Thursday, February 26th. TD Cowen reaffirmed a “buy” rating on shares of Home Depot in a report on Thursday, March 12th. Gordon Haskett upped their price objective on Home Depot from $330.00 to $370.00 and gave the company a “hold” rating in a report on Wednesday, February 11th. Wolfe Research upped their price objective on Home Depot from $413.00 to $414.00 and gave the company an “outperform” rating in a report on Wednesday, February 25th. Finally, Wall Street Zen raised Home Depot from a “sell” rating to a “hold” rating in a report on Saturday, March 21st. Twenty research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Home Depot presently has an average rating of “Moderate Buy” and a consensus target price of $414.17.

Insider Buying and Selling at Home Depot

In related news, CFO Richard V. Mcphail sold 2,550 shares of the company’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $368.89, for a total transaction of $940,669.50. Following the completion of the sale, the chief financial officer directly owned 44,566 shares in the company, valued at $16,439,951.74. This represents a 5.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.08% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Home Depot

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

• Positive Sentiment: Street sentiment remains supportive: brokerages give HD an average “Moderate Buy” and many analysts maintain buy/overweight ratings and multi-hundred-dollar price targets, which underpins medium-term upside expectations. The Home Depot, Inc. (NYSE:HD) Given Average Rating of “Moderate Buy” by Brokerages
• Neutral Sentiment: Zacks notes elevated investor attention on HD, highlighting that the name is in focus and may see volume/volatility as investors re‑weigh catalysts (earnings, guidance, macro). The Home Depot, Inc. (HD) is Attracting Investor Attention
• Negative Sentiment: Macro shock: renewed Middle East tensions lifted oil and pushed markets into a risk‑off posture, a direct driver of today’s decline for HD as cyclical/discretionary stocks underperform when energy and geopolitical risk rise. Home Depot falls 3.1% as broader market turns risk-off amid Middle East energy shock
• Negative Sentiment: Sector pressure from higher energy costs: Barron’s flags an “oil squeeze” weighing on consumer budgets and the discretionary group’s relative performance versus the S&P — headwinds for big‑ticket and renovation spending. The Oil Squeeze Is Hitting Consumers Harder Than Investors. What That Means for Home Depot
• Negative Sentiment: Operational/reputational risk: a partner (Wren Kitchens) unexpectedly filed for Chapter 7 in the U.S., creating fulfilment/installation disruption and regulatory scrutiny that could pressure near‑term sales or customer experience in affected categories. The Bull Case For Home Depot Could Change Following Wren Kitchens’ Abrupt Bankruptcy Fallout
• Negative Sentiment: Labor/regulatory risk: coverage highlights potential strain from minimum‑wage and wage‑policy changes that could increase labor costs and compress margins if enacted or broadly adopted. Home Depot Stock Slides as Minimum Wage Rules Under Strain
• Negative Sentiment: Sentiment/inflows: Quiver highlights recent insider sales and large institutional trimming in recent quarters — signals that can add downward pressure during risk‑off episodes. Home Depot falls 3.1% as broader market turns risk-off amid Middle East energy shock

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.