Calamos Wealth Management LLC Sells 9,845 Shares of The Home Depot, Inc. $HD

Key Points

• Calamos Wealth Management reduced its stake in The Home Depot by 14.4%, selling 9,845 shares and retaining 58,438 shares worth about $20.11 million (≈0.7% of its portfolio).
• Home Depot topped quarterly EPS estimates ($2.72 vs. $2.52), issued FY2026 EPS guidance of 14.230–14.799, and raised its quarterly dividend to $2.33 (annualized $9.32, ~2.8% yield).
• Institutional ownership is high (≈70.9%) and analysts have a "Moderate Buy" consensus with a ~$414 price target, though recent insider selling (~$30M) and a reported $4M internal fraud present near-term risks.

Calamos Wealth Management LLC reduced its position in The Home Depot, Inc. (NYSE:HD - Free Report) by 14.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 58,438 shares of the home improvement retailer's stock after selling 9,845 shares during the quarter. Home Depot makes up about 0.7% of Calamos Wealth Management LLC's portfolio, making the stock its 28th largest position. Calamos Wealth Management LLC's holdings in Home Depot were worth $20,108,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of HD. Wellington Management Group LLP boosted its stake in shares of 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 valued at $4,109,878,000 after purchasing an additional 3,836,051 shares during the last quarter. Franklin Resources Inc. boosted its stake in shares of Home Depot by 37.6% in the 3rd quarter. Franklin Resources Inc. now owns 3,806,308 shares of the home improvement retailer's stock valued at $1,542,278,000 after purchasing an additional 1,040,577 shares during the last quarter. Alyeska Investment Group L.P. bought a new stake in shares of Home Depot in the 3rd quarter valued at $284,893,000. ABN AMRO Bank N.V. boosted its stake in shares of Home Depot by 2,427.3% in the 3rd quarter. ABN AMRO Bank N.V. now owns 631,551 shares of the home improvement retailer's stock valued at $254,943,000 after purchasing an additional 606,562 shares during the last quarter. Finally, Danske Bank A S bought a new stake in shares of Home Depot in the 3rd quarter valued at $194,928,000. 70.86% of the stock is owned by institutional investors.

Home Depot Stock Performance

HD opened at $335.88 on Friday. 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 company's fifty day moving average price is $347.71 and its two-hundred day moving average price is $360.82. The Home Depot, Inc. has a 1-year low of $315.31 and a 1-year high of $426.75. The company has a market cap of $334.55 billion, a price-to-earnings ratio of 23.60, a PEG ratio of 3.72 and a beta of 1.09.

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. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The firm had revenue of $38.20 billion for 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 business's revenue was down 3.8% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. On average, analysts expect that The Home Depot, Inc. will post 15.03 EPS for the current fiscal year.

Home Depot Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th were issued a dividend of $2.33 per share. The ex-dividend date was Thursday, March 12th. This is a positive change from Home Depot's previous quarterly dividend of $2.30. This represents a $9.32 annualized dividend and a yield of 2.8%. Home Depot's dividend payout ratio is currently 65.50%.

More Home Depot News

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

Insiders Place Their Bets

In other Home Depot news, CFO Richard V. Mcphail sold 2,550 shares of the company's stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $368.89, for a total transaction of $940,669.50. Following the transaction, the chief financial officer owned 44,566 shares in the company, valued at approximately $16,439,951.74. This 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 hyperlink. Insiders own 0.08% of the company's stock.

Analyst Upgrades and Downgrades

HD has been the topic of a number of analyst reports. Guggenheim upped their price objective on shares of Home Depot from $400.00 to $425.00 and gave the company a "buy" rating in a research note on Wednesday, February 25th. Evercore dropped their target price on shares of Home Depot from $425.00 to $415.00 and set an "outperform" rating on the stock in a research report on Tuesday, March 31st. Piper Sandler dropped their target price on shares of Home Depot from $441.00 to $422.00 and set an "overweight" rating on the stock in a research report on Monday, February 23rd. KeyCorp reiterated a "sector weight" rating on shares of Home Depot in a research report on Wednesday, February 25th. Finally, TD Cowen reiterated a "buy" rating on shares of Home Depot in a research report on Thursday, March 12th. Twenty equities research 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. According to data from MarketBeat, Home Depot currently has an average rating of "Moderate Buy" and a consensus price target of $414.17.

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.

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