Caldwell Trust Co Lowers Stock Holdings in The Home Depot, Inc. $HD

Key Points

• Caldwell Trust Co trimmed its stake in The Home Depot by 8.1% in Q4, selling 4,218 shares and leaving it with 47,727 shares worth about $16.42 million (1.5% of the fund and its 12th largest holding).
• Home Depot beat Q4 estimates with $2.72 EPS (vs. $2.52 expected) and $38.2B revenue, though revenue was down 3.8% YoY; management set FY2026 EPS guidance of 14.230–14.799 and the company recently raised its quarterly dividend to $2.33 (≈2.8% yield).
• CFO Richard V. McPhail sold 2,550 shares on March 4 at an average price of $368.89, a 5.41% reduction in his stake, while corporate insiders collectively own about 0.08% of the stock.

Caldwell Trust Co reduced its stake in The Home Depot, Inc. (NYSE:HD - Free Report) by 8.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 47,727 shares of the home improvement retailer's stock after selling 4,218 shares during the quarter. Home Depot accounts for 1.5% of Caldwell Trust Co's investment portfolio, making the stock its 12th biggest holding. Caldwell Trust Co's holdings in Home Depot were worth $16,423,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Parvin Asset Management LLC grew its stake in shares of Home Depot by 110.0% in the 3rd quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer's stock valued at $26,000 after purchasing an additional 33 shares during the last quarter. Financially Speaking Inc acquired a new stake in shares of Home Depot in the 3rd quarter valued at approximately $31,000. Key Capital Management INC acquired a new stake in shares of Home Depot in the 4th quarter valued at approximately $28,000. Imprint Wealth LLC acquired a new stake in shares of Home Depot in the 3rd quarter valued at approximately $34,000. Finally, AXS Investments LLC acquired a new stake in shares of Home Depot in the 3rd quarter valued at approximately $38,000. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

Home Depot Stock Performance

Shares of HD stock opened at $332.29 on Tuesday. The stock has a fifty day moving average price of $346.54 and a 200 day moving average price of $360.16. The stock has a market cap of $330.97 billion, a PE ratio of 23.35, a P/E/G ratio of 3.67 and a beta of 1.09. The Home Depot, Inc. has a 1 year low of $315.31 and a 1 year high of $426.75. The company has a debt-to-equity ratio of 3.62, a quick ratio of 0.26 and a current ratio of 1.06.

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 (EPS) for the quarter, topping the consensus estimate of $2.52 by $0.20. The firm had revenue of $38.20 billion during 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 was down 3.8% on a year-over-year basis. During the same period in the previous year, the firm posted $3.13 earnings per share. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Sell-side analysts forecast that The Home Depot, Inc. will post 15.03 earnings per share for the current fiscal year.

Home Depot Increases Dividend

The company 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 is a boost from Home Depot's previous quarterly dividend of $2.30. This represents a $9.32 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Thursday, March 12th. Home Depot's payout ratio is presently 65.50%.

Wall Street Analysts Forecast Growth

HD has been the subject of several recent analyst reports. KeyCorp reissued a "sector weight" rating on shares of Home Depot in a report on Wednesday, February 25th. Morgan Stanley raised their price target on Home Depot from $412.00 to $420.00 and gave the company an "overweight" rating in a report on Wednesday, February 25th. Telsey Advisory Group reissued an "outperform" rating and issued a $435.00 price target on shares of Home Depot in a report on Wednesday, March 25th. Royal Bank Of Canada raised their price target on Home Depot from $363.00 to $377.00 and gave the company a "sector perform" rating in a report on Wednesday, February 25th. Finally, The Goldman Sachs Group reduced their price target on Home Depot from $413.00 to $409.00 in a report on Wednesday, February 25th. Twenty 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. Based on data from MarketBeat, Home Depot has an average rating of "Moderate Buy" and a consensus target price of $414.17.

Insider Transactions at Home Depot

In related news, CFO Richard V. Mcphail sold 2,550 shares of Home Depot stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $368.89, for a total transaction of $940,669.50. Following the completion of the transaction, the chief financial officer directly owned 44,566 shares of the company's stock, valued at approximately $16,439,951.74. The trade was a 5.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 0.08% of the company's stock.

Trending Headlines about Home Depot

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

• Positive Sentiment: HD’s digital strategy is driving store productivity and higher engagement (management turning stores into efficient fulfillment hubs), which supports revenue resilience and margins over time. Home Depot's Digital Growth: Supporting Store Productivity?
• Positive Sentiment: Income investors are reminded of HD’s attractive dividend, which some analysts and commentators call a “forever-stock” feature—supporting share stability and long-term total return expectations. 1 Reason I'd Buy Home Depot Stock Today and Never Sell
• Neutral Sentiment: The stock trades at a premium (roughly 23x P/E); some analysts argue HD’s shift toward serving professional contractors and infrastructure makes that multiple reasonable, but near-term profit pressures remain. What Justifies Home Depot’s 23x Multiple?
• Neutral Sentiment: Average brokerage recommendations remain bullish, but media pieces caution that the ABR can be noisy and should be weighed with fundamentals and guidance. This creates mixed near-term sentiment among investors. Is It Worth Investing in Home Depot (HD) Based on Wall Street's Bullish Views?
• Negative Sentiment: HD shares slipped amid a broader market uptick today, suggesting sector- or stock-specific selling pressure unrelated to company fundamentals in some sessions. Home Depot (HD) Stock Falls Amid Market Uptick: What Investors Need to Know
• Negative Sentiment: Industry weakness showed up as a partner/rival (Wren Kitchens) filed Chapter 7, underscoring consumer caution and housing-related soft spots that could pressure Home Depot’s sales cadence. Home Depot partner and rival closes, files Chapter 7 bankruptcy

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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