Annex Advisory Services LLC Decreases Holdings in The Home Depot, Inc. $HD

Key Points

• Annex Advisory Services LLC trimmed its stake in The Home Depot by 35.4% in Q4, selling 7,257 shares and retaining 13,245 shares valued at about $4.56 million.
• Home Depot beat Q4 EPS estimates ($2.72 vs. $2.52) but revenue fell 3.8% year‑over‑year to $38.2 billion; management set FY2026 EPS guidance of 14.230–14.799 versus analysts' forecast of 15.13.
• Analysts have lifted price targets and the stock carries a Moderate Buy consensus (20 Buys, 12 Holds, 1 Sell) with an average price target of $414.17.

Annex Advisory Services LLC trimmed its holdings in shares of The Home Depot, Inc. (NYSE:HD - Free Report) by 35.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 13,245 shares of the home improvement retailer's stock after selling 7,257 shares during the period. Annex Advisory Services LLC's holdings in Home Depot were worth $4,558,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the business. RBA Wealth Management LLC boosted its position in Home Depot by 1.6% during the 4th quarter. RBA Wealth Management LLC now owns 13,993 shares of the home improvement retailer's stock worth $4,815,000 after purchasing an additional 225 shares during the period. Foster Victor Wealth Advisors LLC boosted its position in Home Depot by 4.2% in the 4th quarter. Foster Victor Wealth Advisors LLC now owns 46,181 shares of the home improvement retailer's stock valued at $17,557,000 after buying an additional 1,841 shares during the last quarter. Steinberganna Wealth Management boosted its position in Home Depot by 1.6% in the 4th quarter. Steinberganna Wealth Management now owns 1,807 shares of the home improvement retailer's stock valued at $622,000 after buying an additional 28 shares during the last quarter. BCS Wealth Management boosted its position in Home Depot by 101.5% in the 4th quarter. BCS Wealth Management now owns 3,458 shares of the home improvement retailer's stock valued at $1,190,000 after buying an additional 1,742 shares during the last quarter. Finally, Cordatus Wealth Management LLC boosted its position in Home Depot by 0.5% in the 4th quarter. Cordatus Wealth Management LLC now owns 8,334 shares of the home improvement retailer's stock valued at $2,868,000 after buying an additional 44 shares during the last quarter. 70.86% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have weighed in on HD. Jefferies Financial Group upped their price objective on shares of Home Depot from $424.00 to $454.00 and gave the company a "buy" rating in a research report on Tuesday, February 24th. Robert W. Baird upped their price objective on shares of Home Depot from $400.00 to $430.00 and gave the company an "outperform" rating in a research report on Tuesday, February 17th. Royal Bank Of Canada upped their price objective on shares of Home Depot from $363.00 to $377.00 and gave the company a "sector perform" rating in a research report on Wednesday, February 25th. KeyCorp reissued a "sector weight" rating on shares of Home Depot in a research report on Wednesday, February 25th. Finally, Citigroup upped their price objective on shares of Home Depot from $407.00 to $450.00 and gave the company a "buy" rating in a research report on Thursday, February 12th. Twenty investment 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. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $414.17.

Insiders Place Their Bets

In related news, CFO Richard V. Mcphail sold 2,550 shares of the 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 sale, the chief financial officer owned 44,566 shares in the company, valued at $16,439,951.74. This represents a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.10% of the stock is currently owned by company insiders.

Home Depot News Roundup

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

• Positive Sentiment: Home Depot has outperformed peers over the past five years and delivered a clean earnings beat, underscoring its execution and Pro-customer focus — a structural positive for long-term investors. Home Depot vs. Lowe’s: One Has Crushed the Market for 5 Years Running
• Neutral Sentiment: Analyses highlight that Home Depot’s margins remain steady and management is investing in digital and supply-chain integration to defend profitability — positive operational signs but paired with slow revenue gains that leave investors ambivalent. Steady Margins, Slow Gains: Is Home Depot's Strategy Working?
• Neutral Sentiment: Coverage noting new recognition of Home Depot’s supply-chain value argues the company is improving operationally, but the market hasn’t fully rewarded those gains yet — suggesting a timing mismatch between fundamentals and sentiment. “The Exact Opposite is True”: Home Depot Stock NYSE: HD Slides Despite New Recognition of Supply Chain Value
• Neutral Sentiment: Human-interest and market roundup pieces (founder profile; unrelated sector highlights) add context but are unlikely to move the stock materially in the short term. Arthur Blank was fired from his first job. When he launched The Home Depot at 36, customers said 'these guys are nuts' Arista Networks and Fluence Energy have been highlighted as Zacks Bull and Bear of the Day
• Negative Sentiment: Market reaction today is negative: analysts and traders cite slower revenue trends and cautious near-term growth expectations despite an EPS beat, driving the share decline. Home Depot (HD) Stock Sinks As Market Gains: Here's Why

Home Depot Stock Performance

Shares of Home Depot stock opened at $339.16 on Thursday. The firm has a market cap of $337.81 billion, a PE ratio of 23.83, a price-to-earnings-growth ratio of 3.74 and a beta of 1.09. The firm's 50-day simple moving average is $353.96 and its 200-day simple moving average is $363.29. The company has a debt-to-equity ratio of 3.62, a quick ratio of 0.26 and a current ratio of 1.06. The Home Depot, Inc. has a 1 year low of $315.31 and a 1 year high of $426.75.

Home Depot (NYSE:HD - Get Free Report) last released 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. The firm had revenue of $38.20 billion for the quarter, compared to analyst estimates of $38.01 billion. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. Home Depot's quarterly revenue was down 3.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.13 earnings per share. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Equities analysts forecast that The Home Depot, Inc. will post 15.13 earnings per share 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 paid a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a yield of 2.7%. This is a positive change from Home Depot's previous quarterly dividend of $2.30. The ex-dividend date was Thursday, March 12th. Home Depot's dividend payout ratio (DPR) is currently 65.50%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.