Alecta Tjanstepension Omsesidigt Purchases 181,700 Shares of The Home Depot, Inc. $HD

Key Points

• Alecta Tjanstepension Omsesidigt boosted its stake in The Home Depot by 64%, buying 181,700 shares to hold 465,700 shares valued at about $160.26 million per its latest 13F filing.
• Home Depot beat Q4 estimates with $2.72 EPS (consensus $2.52) and $38.20B revenue (down 3.8% YoY), set FY 2026 guidance of $14.230–$14.799 EPS, and carries a MarketBeat consensus rating of Moderate Buy with a $412.24 target.
• The company raised its quarterly dividend to $2.33 ($9.32 annual, ~2.9% yield), institutional investors own roughly 70.9% of the stock, and analyst coverage skews more positive than negative (20 Buys vs. 12 Holds vs. 1 Sell).

Alecta Tjanstepension Omsesidigt grew its position in The Home Depot, Inc. (NYSE:HD - Free Report) by 64.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 465,700 shares of the home improvement retailer's stock after purchasing an additional 181,700 shares during the quarter. Alecta Tjanstepension Omsesidigt's holdings in Home Depot were worth $160,257,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of HD. Brighton Jones LLC boosted its stake in Home Depot by 36.5% during the fourth 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 in the last quarter. Sivia Capital Partners LLC boosted its stake in Home Depot by 7.1% during the second 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 in the last quarter. Schnieders Capital Management LLC. boosted its stake in Home Depot by 14.1% during the second 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 in the last quarter. Darwin Wealth Management LLC acquired a new position in Home Depot during the second quarter worth $1,773,000. Finally, Financial Advisors Network Inc. raised its holdings in Home Depot by 11.3% during the second quarter. Financial Advisors Network Inc. now owns 2,368 shares of the home improvement retailer's stock worth $868,000 after buying an additional 241 shares during the last quarter. 70.86% of the stock is owned by institutional investors.

Home Depot Stock Performance

Shares of HD stock opened at $323.68 on Thursday. The firm has a 50-day moving average of $340.88 and a 200-day moving average of $358.05. The company has a market cap of $322.39 billion, a P/E ratio of 22.75, a P/E/G ratio of 3.45 and a beta of 1.00. The company has a debt-to-equity ratio of 3.62, a current ratio of 1.06 and a quick ratio of 0.26. The Home Depot, Inc. has a one year low of $310.40 and a one year high of $426.75.

Home Depot (NYSE:HD - Get Free Report) last announced its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, beating the consensus estimate of $2.52 by $0.20. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The company had revenue of $38.20 billion during the quarter, compared to the consensus estimate of $38.01 billion. During the same quarter in the prior year, the company posted $3.13 earnings per share. The firm'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. Equities research analysts forecast that The Home Depot, Inc. will post 15.02 EPS for the current fiscal year.

Home Depot Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were issued a dividend of $2.33 per share. This represents a $9.32 dividend on an annualized basis and a yield of 2.9%. This is a boost from Home Depot's previous quarterly dividend of $2.30. The ex-dividend date was Thursday, March 12th. Home Depot's dividend payout ratio is 65.50%.

Wall Street Analyst Weigh In

HD has been the topic of several research reports. DA Davidson upped their price objective on shares of Home Depot from $407.00 to $445.00 and gave the stock a "buy" rating in a report on Tuesday, February 24th. BNP Paribas Exane lowered their price objective on shares of Home Depot from $391.00 to $348.00 and set a "neutral" rating on the stock in a report on Tuesday, March 24th. KeyCorp restated a "sector weight" rating on shares of Home Depot in a report on Wednesday, February 25th. Guggenheim upped their price objective on shares of Home Depot from $400.00 to $425.00 and gave the stock a "buy" rating in a report on Wednesday, February 25th. Finally, TD Cowen restated a "buy" rating on shares of Home Depot in a report on Thursday, March 12th. Twenty analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $412.24.

Insider Transactions at Home Depot

In related news, CFO Richard V. Mcphail sold 2,550 shares of the firm's stock in a transaction dated Wednesday, March 4th. The shares were 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 owned 44,566 shares in the company, valued at approximately $16,439,951.74. This trade represents a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.08% of the company's stock.

More Home Depot News

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

• Positive Sentiment: Bank of America reinstated coverage with a Buy rating and a $374 price target, designating Home Depot its top pick in home improvement — a high‑profile upgrade that supports upside expectations. BofA Top Pick / $374 PT
• Positive Sentiment: J.P. Morgan reaffirmed a Buy rating, citing structural strength and robust store traffic despite near‑term weather headwinds — supporting conviction among institutional investors. J.P. Morgan Reaffirmed Buy
• Positive Sentiment: Company strategic initiatives — a growing PRO (contractor) business, upgraded guidance commentary, and a data/marketing push (weather signals, influencer programs, app features to drive larger baskets) — suggest revenue mix improvement and higher customer lifetime value. PRO Growth & Marketing Strategy
• Neutral Sentiment: The Home Depot scheduled its Q1 earnings conference call for May 19 — a catalyst that will reprioritize investor focus onto same‑store sales, PRO growth, and updated guidance when results are released. Earnings Call May 19
• Neutral Sentiment: Quantitative indicators show some “smart money” accumulation despite recent weakness, suggesting some institutional positioning for a rebound rather than capitulation. Smart Money Activity
• Negative Sentiment: A TipRanks piece flagged that Home Depot’s recent price action echoes rare patterns seen before the 2008 crisis, raising technical and sentiment red flags for some traders amid the stock’s YTD and one‑year weakness. Pre‑2008 Pattern Warning
• Negative Sentiment: A shareholder proposal seeks disclosure on use of automated license plate reader data (Flock Safety), citing reputational, regulatory and civil‑rights risks — a governance/privacy issue investors will watch for potential liability or regulatory scrutiny. License Plate Data Shareholder Proposal
• Negative Sentiment: Bearish commentary and sector weakness (articles warning of a hit to remodeling/construction demand and multiple reports of 52‑week lows) amplify near‑term downside pressure as investors weigh a tougher macro outlook. Remodeling Demand Concerns

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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