RFG Advisory LLC Decreases Stock Position in The Home Depot, Inc. $HD

RFG Advisory LLC lessened its stake in The Home Depot, Inc. (NYSE:HD) by 31.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 31,098 shares of the home improvement retailer’s stock after selling 14,518 shares during the quarter. RFG Advisory LLC’s holdings in Home Depot were worth $10,701,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in shares of Home Depot by 1.3% in the 4th 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. Capital Research Global Investors raised its position in shares of Home Depot by 0.3% in the 3rd quarter. Capital Research Global Investors now owns 11,400,133 shares of the home improvement retailer’s stock valued at $4,619,229,000 after purchasing an additional 30,739 shares in the last quarter. Wellington Management Group LLP raised its position 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 purchasing an additional 3,836,051 shares in the last quarter. Fisher Asset Management LLC raised its position 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 purchasing an additional 197,211 shares in the last quarter. Finally, Legal & General Group Plc raised its position in shares of Home Depot by 1.9% in the 3rd quarter. Legal & General Group Plc now owns 6,181,165 shares of the home improvement retailer’s stock valued at $2,504,546,000 after purchasing an additional 116,875 shares in the last quarter. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Insider Activity

In related news, CFO Richard V. Mcphail sold 2,550 shares of the company’s stock in a transaction that occurred 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 sale, the chief financial officer directly owned 44,566 shares of the company’s stock, valued at approximately $16,439,951.74. This represents a 5.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.08% of the company’s stock.

Home Depot Stock Performance

HD stock opened at $315.19 on Wednesday. The company has a current ratio of 1.06, a quick ratio of 0.26 and a debt-to-equity ratio of 3.62. The firm has a market cap of $313.94 billion, a P/E ratio of 22.15, a P/E/G ratio of 3.41 and a beta of 1.00. The Home Depot, Inc. has a 12-month low of $310.40 and a 12-month high of $426.75. The stock’s 50 day simple moving average is $341.93 and its 200 day simple moving average is $358.50.

Home Depot (NYSE:HD) last posted its quarterly earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.52 by $0.20. The business had revenue of $38.20 billion for the quarter, compared to analyst estimates of $38.01 billion. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.The business’s revenue was down 3.8% compared to the same quarter last year. During the same period in the prior year, the company posted $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. As a group, equities research analysts predict that The Home Depot, Inc. will post 15.02 EPS for the current year.

Home Depot Increases Dividend

The company also recently declared 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 of this dividend 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%.

Key Home Depot News

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

• Positive Sentiment: Bank of America reinstated coverage with a Buy and named HD its top pick in home improvement, setting a $374 price target (roughly an 18–19% upside versus recent levels) — a clear catalyst for upside momentum. BofA Just Named Home Depot the Top Pick
• Positive Sentiment: J.P. Morgan and other analysts have reaffirmed bullish ratings, underscoring structural strengths (store traffic, PRO growth) that support a recovery narrative beyond near-term weather and housing headwinds. Home Depot Reaffirmed at Buy
• Neutral Sentiment: Home Depot will host its Q1 earnings call on May 19 — a near-term event that could re-shape sentiment depending on guidance and PRO segment trends. Earnings Conference Call Announcement
• Neutral Sentiment: Coverage pieces note long-term fundamentals remain intact despite short-term headwinds; these analyses help frame conviction for longer-horizon investors. Long-Term Prospects Analysis
• Negative Sentiment: Macro risk-off (oil/Geopolitics) and weak housing/remodel demand pushed HD toward multi-week/52-week lows in recent sessions, pressuring shares and creating short-term volatility. 52-Week Low Coverage
• Negative Sentiment: A shareholder proposal requests a report on risks from automated license-plate reader systems and third‑party data sharing (Flock Safety), raising reputational, regulatory and privacy concerns — the board urges a vote against it, but the issue could attract scrutiny. Shareholder Proposal on License Plate Data
• Negative Sentiment: Critical takes highlight a soft demand environment — commentary arguing remodeling/construction spending may stay weak in this economy could pressure near-term revenue/margin expectations. Bearish Demand Analysis
• Negative Sentiment: Reports of insider selling and institutional rebalancing are noted in data feeds; sustained selling or fund outflows would be a headwind if they continue. Quiver/Market Flow Note
• Negative Sentiment: Coverage flags potential labor/minimum-wage pressures that could raise costs if new rules or local measures advance. Minimum Wage Risk

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on HD shares. Robert W. Baird upped their target price on Home Depot from $400.00 to $430.00 and gave the company an “outperform” rating in a research report on Tuesday, February 17th. Piper Sandler cut their target price on Home Depot from $441.00 to $422.00 and set an “overweight” rating on the stock in a research report on Monday, February 23rd. Gordon Haskett upped their target price on Home Depot from $330.00 to $370.00 and gave the company a “hold” rating in a research report on Wednesday, February 11th. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $435.00 target price on shares of Home Depot in a research report on Wednesday, March 25th. Finally, Sanford C. Bernstein upped their target price on Home Depot from $381.00 to $390.00 and gave the company a “market perform” rating in a research report on Wednesday, February 25th. Twenty equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $412.24.

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.