9,838 Shares of The Home Depot, Inc. $HD Purchased by ICW Investment Advisors LLC

Key Points

• ICW Investment Advisors initiated a Home Depot position by purchasing 9,838 shares valued at approximately $2.8 million. Institutional investors collectively own 70.86% of the company.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $375.31, despite valuation concerns and competition from Lowe’s.
• Home Depot recently exceeded quarterly EPS and revenue expectations and pays a quarterly dividend of $2.33, equivalent to a 2.9% annualized yield; shares opened at $317.45.

ICW Investment Advisors LLC bought a new position in The Home Depot, Inc. (NYSE:HD - Free Report) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 9,838 shares of the home improvement retailer's stock, valued at approximately $2,799,000.

Other institutional investors have also modified their holdings of the company. Zeit Capital LLC purchased a new position in Home Depot during the 2nd quarter worth $26,000. Principia Wealth Advisory LLC raised its position in Home Depot by 60.4% during the 2nd quarter. Principia Wealth Advisory LLC now owns 85 shares of the home improvement retailer's stock valued at $30,000 after purchasing an additional 32 shares in the last quarter. Navigoe LLC purchased a new stake in shares of Home Depot in the 2nd quarter worth $32,000. Gould Capital LLC lifted its holdings in shares of Home Depot by 58.7% in the 1st quarter. Gould Capital LLC now owns 100 shares of the home improvement retailer's stock worth $33,000 after buying an additional 37 shares during the period. Finally, Clal Insurance Enterprises Holdings Ltd bought a new position in shares of Home Depot during the 2nd quarter worth $37,000. 70.86% of the stock is owned by hedge funds and other institutional investors.

Home Depot News Roundup

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

• Positive Sentiment: Home Depot’s dominant position in home improvement, growing focus on professional contractors, sales growth and digital investments are cited as competitive strengths. These initiatives could support revenue and market-share gains, particularly as larger renovation projects recover. Home Depot vs. Lowe’s: Which Retail Giant Is Worth Betting On?
• Positive Sentiment: The company is evaluating “agentic” artificial intelligence, including ways AI agents could interact with Home Depot’s shopping and fulfillment systems. While the opportunity is potentially meaningful for customer service and productivity, the financial payoff remains uncertain. Home Depot Stock Notches Up as It Considers the Future of Agentic AI
• Neutral Sentiment: Analysts expect Home Depot to report third-quarter results next month, with consensus calling for single-digit earnings growth. Investors may remain cautious until the company provides updated results and guidance; its previous quarter exceeded EPS and revenue estimates. Here’s What to Expect From Home Depot’s Next Earnings Report
• Neutral Sentiment: Analysts continue to debate whether Home Depot or Target offers the better consumer-stock opportunity. Home Depot benefits from a focused category and contractor exposure, while Target provides broader exposure to essential and discretionary merchandise. Home Depot vs. Target: Which Consumer Stock Is a Better Buy in 2026?
• Negative Sentiment: Valuation is the main pressure point. After a roughly 20% three-year gain, shares around $317.56 are being questioned against expected future cash flows. Lowe’s offers stronger margin-improvement prospects and a lower valuation, raising concerns that investors may already be paying a premium for Home Depot’s growth. Home Depot Stock Looks Overvalued After Its Three-Year Run

Analysts Set New Price Targets

HD has been the topic of several research reports. UBS Group restated a "buy" rating on shares of Home Depot in a research note on Thursday, September 17th. Argus reaffirmed a "buy" rating and issued a $400.00 price objective on shares of Home Depot in a research note on Wednesday, August 19th. Truist Financial increased their target price on shares of Home Depot from $369.00 to $373.00 and gave the stock a "buy" rating in a report on Wednesday, August 19th. KeyCorp reissued a "sector weight" rating on shares of Home Depot in a research report on Wednesday, August 19th. Finally, TD Cowen reissued a "buy" rating on shares of Home Depot in a research report on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Home Depot currently has a consensus rating of "Moderate Buy" and a consensus price target of $375.31.

Home Depot Stock Down 0.3%

Shares of NYSE HD opened at $317.45 on Thursday. The company has a current ratio of 1.08, a quick ratio of 0.31 and a debt-to-equity ratio of 2.64. The stock has a market capitalization of $316.72 billion, a PE ratio of 22.22, a price-to-earnings-growth ratio of 2.27 and a beta of 1.00. The stock's fifty day simple moving average is $308.86 and its two-hundred day simple moving average is $335.37. The Home Depot, Inc. has a 12-month low of $277.15 and a 12-month high of $397.63.

Home Depot (NYSE:HD - Get Free Report) last released its quarterly earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 EPS for the quarter, topping the consensus estimate of $4.73 by $0.19. The firm had revenue of $47.86 billion during the quarter, compared to analyst estimates of $47.24 billion. Home Depot had a return on equity of 106.42% and a net margin of 8.41%. The business's revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period in the previous year, the company posted $4.68 EPS. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. As a group, analysts expect that The Home Depot, Inc. will post 15.01 EPS for the current fiscal year.

Home Depot Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd were paid a $2.33 dividend. This represents a $9.32 annualized dividend and a yield of 2.9%. The ex-dividend date was Thursday, September 3rd. Home Depot's payout ratio is 65.22%.

Insider Buying and Selling

In other Home Depot news, CAO Kimberly Scardino sold 675 shares of the business's stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $305.95, for a total value of $206,516.25. Following the completion of the transaction, the chief accounting officer directly owned 8,189 shares in the company, valued at approximately $2,505,424.55. The trade was a 7.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Michael Rowe sold 710 shares of the stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $336.76, for a total transaction of $239,099.60. Following the sale, the executive vice president directly owned 6,838 shares of the company's stock, valued at approximately $2,302,764.88. The trade was a 9.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 9,829 shares of company stock worth $3,339,314 over the last ninety days. 0.08% of the stock is currently owned by company insiders.

Home Depot Company Profile

The Home Depot, Inc is a home improvement retailer serving do-it-yourself customers, professional contractors, and other building and maintenance professionals. The company sells a broad selection of building materials, hardware, tools, appliances, paint, plumbing and electrical supplies, flooring, lighting, lawn and garden products, and home décor.

In addition to merchandise, Home Depot offers services such as product delivery, tool and equipment rental, credit services, and installation for selected products.

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