AEGON ASSET MANAGEMENT UK Plc Trims Holdings in The Home Depot, Inc. $HD

Key Points

• AEGON ASSET MANAGEMENT UK Plc cut its stake in The Home Depot by 5.3% in Q4, selling 13,502 shares and leaving it with 241,885 shares valued at about $83.25 million (Home Depot is its 19th-largest holding).
• Sell‑side sentiment is broadly positive with a consensus rating of “Moderate Buy”, 20 Buys/12 Holds/1 Sell and an average price target of $414.17 versus the recent share price near $336.
• Company insider activity included CFO Richard McPhail selling 2,550 shares for about $940,670 (a 5.41% reduction in his stake), while insiders overall hold roughly 0.08% of the stock.

AEGON ASSET MANAGEMENT UK Plc reduced its holdings in shares of The Home Depot, Inc. (NYSE:HD - Free Report) by 5.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 241,885 shares of the home improvement retailer's stock after selling 13,502 shares during the period. Home Depot comprises 1.0% of AEGON ASSET MANAGEMENT UK Plc's investment portfolio, making the stock its 19th largest holding. AEGON ASSET MANAGEMENT UK Plc's holdings in Home Depot were worth $83,249,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Silphium Asset Management Ltd raised its holdings in shares of Home Depot by 77.2% in the 3rd quarter. Silphium Asset Management Ltd now owns 13,544 shares of the home improvement retailer's stock worth $5,488,000 after purchasing an additional 5,900 shares during the period. Truist Financial Corp raised its holdings in shares of Home Depot by 0.3% in the 3rd quarter. Truist Financial Corp now owns 1,095,113 shares of the home improvement retailer's stock worth $443,729,000 after purchasing an additional 3,608 shares during the period. Asset Management One Co. Ltd. raised its holdings in shares of Home Depot by 2.3% in the 3rd quarter. Asset Management One Co. Ltd. now owns 534,564 shares of the home improvement retailer's stock worth $216,600,000 after purchasing an additional 12,239 shares during the period. Atlantic Union Bankshares Corp raised its holdings in shares of Home Depot by 59.9% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 107,438 shares of the home improvement retailer's stock worth $43,533,000 after purchasing an additional 40,232 shares during the period. Finally, Savvy Advisors Inc. raised its holdings in shares of Home Depot by 36.0% in 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 period. 70.86% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. TD Cowen restated a "buy" rating on shares of Home Depot in a report on Thursday, March 12th. DA Davidson increased their target price on Home Depot from $407.00 to $445.00 and gave the company a "buy" rating in a research note on Tuesday, February 24th. Evercore lowered their target price on Home Depot from $425.00 to $415.00 and set an "outperform" rating for the company in a research note on Tuesday, March 31st. Jefferies Financial Group increased their target price on Home Depot from $424.00 to $454.00 and gave the company a "buy" rating in a research note on Tuesday, February 24th. Finally, Wells Fargo & Company increased their target price on Home Depot from $395.00 to $420.00 and gave the company an "overweight" rating in a research note on Wednesday, February 25th. Twenty investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $414.17.

Insider Activity

In related news, CFO Richard V. Mcphail sold 2,550 shares of the firm'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 value of $940,669.50. Following the sale, the chief financial officer owned 44,566 shares of the company's stock, valued at approximately $16,439,951.74. This trade represents a 5.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.08% of the company's stock.

Home Depot Price Performance

Shares of NYSE HD opened at $335.88 on Friday. The Home Depot, Inc. has a fifty-two week low of $315.31 and a fifty-two week high of $426.75. The business has a 50 day moving average price of $347.71 and a two-hundred day moving average price of $360.64. 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 firm has a market cap of $334.55 billion, a PE ratio of 23.60, a price-to-earnings-growth ratio of 3.72 and a beta of 1.09.

Home Depot (NYSE:HD - Get Free Report) last issued its quarterly earnings data on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, beating analysts' consensus estimates of $2.52 by $0.20. The firm had revenue of $38.20 billion during 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%.Home Depot's quarterly revenue was down 3.8% on a year-over-year basis. During the same quarter last year, the firm earned $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Sell-side analysts expect that The Home Depot, Inc. will post 15.03 earnings per share for the current fiscal year.

Home Depot Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were issued a $2.33 dividend. This is a positive change from Home Depot's previous quarterly dividend of $2.30. The ex-dividend date of this dividend was Thursday, March 12th. This represents a $9.32 annualized dividend and a dividend yield of 2.8%. Home Depot's dividend payout ratio (DPR) is 65.50%.

Trending Headlines about Home Depot

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

• Positive Sentiment: Wolfe Research reiterated an Outperform rating and a $414 price target for HD, a bullish analyst endorsement that supports upside versus the current market price and can help stabilize sentiment. Wolfe Research Bullish on The Home Depot, Inc. (HD)
• Positive Sentiment: The Home Depot Foundation committed $250,000 to Keep America Beautiful’s RETREET program to replant 1,000+ trees after disasters — a modest but positive ESG/PR item that supports brand and community resilience (limited direct financial impact). The Home Depot Foundation Funds RETREET Program
• Neutral Sentiment: Analysts and media are re-checking Home Depot’s valuation versus cash-flow signals; pieces note mixed short-term returns and debate whether the stock is fairly priced — useful context for investors but not an immediate catalyst. Home Depot (HD) Valuation Check
• Neutral Sentiment: Previews and analyst models expect a modest single-digit profit decline in the upcoming fiscal-quarter preview; watch the company’s guidance and Pro/customer trends for clearer near-term earnings catalysts. Home Depot's Quarterly Earnings Preview
• Negative Sentiment: TipRanks reports an internal manager fraud that cost Home Depot roughly $4 million, described as a “deliberate and systematic fraud scheme” — an operational risk that can weigh on sentiment and short-term stock performance. Manager’s Fraud Costs Home Depot $4 Million
• Negative Sentiment: Coverage highlights notable insider selling (~$30M over the past year), which can be perceived negatively by investors concerned about near-term insider conviction, even if sales are often for diversification. Insiders Are Selling Home Depot Stock

Home Depot 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.

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