Border to Coast Pensions Partnership Ltd Reduces Stake in The Home Depot, Inc. $HD

Key Points

• Border to Coast cut its position in The Home Depot by 6.8% in Q4, selling 15,132 shares to hold 207,242 shares worth about $71.44 million, which represents 1.2% of its portfolio and is its 23rd largest holding.
• Other large institutions largely added to positions—Vanguard and Capital Research modestly increased stakes while Wellington boosted its holding by 60.8% (≈3.84M shares)—and institutional investors now own about 70.86% of the stock.
• Home Depot reported an EPS beat ($2.72 vs. $2.52) despite revenue falling 3.8% year-over-year, raised its quarterly dividend to $2.33 (annualized $9.32, ~2.7% yield), and carries a consensus "Moderate Buy" with an average target of $414.17.

Border to Coast Pensions Partnership Ltd cut its position in The Home Depot, Inc. (NYSE:HD - Free Report) by 6.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 207,242 shares of the home improvement retailer's stock after selling 15,132 shares during the quarter. Home Depot comprises 1.2% of Border to Coast Pensions Partnership Ltd's investment portfolio, making the stock its 23rd biggest position. Border to Coast Pensions Partnership Ltd's holdings in Home Depot were worth $71,442,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. lifted its stake in Home Depot by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 98,310,031 shares of the home improvement retailer's stock worth $39,834,241,000 after purchasing an additional 331,217 shares in the last quarter. Capital Research Global Investors lifted its stake in 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 worth $4,619,229,000 after purchasing an additional 30,739 shares in the last quarter. Wellington Management Group LLP lifted its stake in 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 worth $4,109,878,000 after purchasing an additional 3,836,051 shares in the last quarter. Fisher Asset Management LLC lifted its stake in 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 worth $4,104,694,000 after purchasing an additional 197,211 shares in the last quarter. Finally, Legal & General Group Plc lifted its stake in 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 worth $2,504,546,000 after purchasing an additional 116,875 shares in the last quarter. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

Home Depot Stock Performance

Shares of NYSE HD opened at $339.16 on Thursday. The stock has a market cap of $337.81 billion, a price-to-earnings ratio of 23.83, a P/E/G ratio of 3.74 and a beta of 1.09. 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 Home Depot, Inc. has a 1-year low of $315.31 and a 1-year high of $426.75. The stock's 50-day moving average is $353.96 and its 200 day moving average is $363.29.

Home Depot (NYSE:HD - Get Free Report) last announced 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 company had revenue of $38.20 billion for the quarter, compared to analysts' expectations of $38.01 billion. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.Home Depot's revenue for the quarter was down 3.8% compared to the same quarter last year. During the same period last year, the firm posted $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. On average, sell-side analysts anticipate that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.

Home Depot Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were given a $2.33 dividend. This represents a $9.32 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Thursday, March 12th. This is a boost from Home Depot's previous quarterly dividend of $2.30. Home Depot's dividend payout ratio is 65.50%.

Trending Headlines about Home Depot

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

Wall Street Analyst Weigh In

HD has been the topic of several recent analyst reports. BNP Paribas Exane lowered their price target on Home Depot from $391.00 to $348.00 and set a "neutral" rating on the stock in a report on Tuesday, March 24th. Gordon Haskett raised their price target on Home Depot from $330.00 to $370.00 and gave the company a "hold" rating in a report on Wednesday, February 11th. Sanford C. Bernstein raised their price target on Home Depot from $381.00 to $390.00 and gave the company a "market perform" rating in a report on Wednesday, February 25th. Robert W. Baird raised their price target on Home Depot from $400.00 to $430.00 and gave the company an "outperform" rating in a report on Tuesday, February 17th. Finally, The Goldman Sachs Group lowered their price target on Home Depot from $413.00 to $409.00 in a report on Wednesday, February 25th. Twenty investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $414.17.

Insider Buying and Selling

In related news, CFO Richard V. Mcphail sold 2,550 shares of Home Depot stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $368.89, for a total value of $940,669.50. Following the transaction, the chief financial officer owned 44,566 shares in the company, valued at $16,439,951.74. This trade represents a 5.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.10% of the stock is currently owned by insiders.

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.

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