Capital International Investors Acquires 35,820 Shares of The Home Depot, Inc. $HD

Key Points

• Capital International Investors increased its stake in The Home Depot by 35,820 shares in Q3 and now owns 4,953,323 shares (about 0.50% of the company) valued at roughly $2.01 billion.
• Home Depot beat Q4 estimates with EPS of $2.72 vs. $2.52 and revenue of $38.2 billion, set FY2026 guidance of 14.230–14.799 EPS, and carries an average analyst price target of $416 with a "Moderate Buy" consensus.
• Company insiders have been net sellers recently (7,513 shares sold, ~$2.69M over 90 days), and Home Depot raised its quarterly dividend to $2.33 ($9.32 annualized, ~2.6% yield).

Capital International Investors raised its holdings in shares of The Home Depot, Inc. (NYSE:HD - Free Report) by 0.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,953,323 shares of the home improvement retailer's stock after purchasing an additional 35,820 shares during the quarter. Capital International Investors owned 0.50% of Home Depot worth $2,007,114,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Sagard Holdings Management Inc. purchased a new position in Home Depot in the 2nd quarter worth about $29,000. Financially Speaking Inc purchased a new stake in Home Depot in the 3rd quarter valued at about $31,000. Dougherty Wealth Advisers LLC bought a new position in Home Depot in the 3rd quarter worth about $38,000. Marquette Asset Management LLC bought a new position in Home Depot in the 3rd quarter worth about $38,000. Finally, AXS Investments LLC purchased a new position in shares of Home Depot during the third quarter worth approximately $38,000. 70.86% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CFO Richard V. Mcphail sold 2,550 shares of Home Depot stock in a transaction that occurred 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 of the company's stock, valued at $16,439,951.74. The trade was a 5.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Ann Marie Campbell sold 145 shares of the business's stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $358.26, for a total transaction of $51,947.70. Following the transaction, the executive vice president owned 12,320 shares of the company's stock, valued at approximately $4,413,763.20. This trade represents a 1.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 7,513 shares of company stock valued at $2,689,515 over the last 90 days. 0.10% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research firms have recently weighed in on HD. Sanford C. Bernstein lifted their price target on shares of Home Depot from $381.00 to $390.00 and gave the company a "market perform" rating in a research note on Wednesday, February 25th. Stifel Nicolaus reduced their price objective on Home Depot from $370.00 to $350.00 and set a "hold" rating on the stock in a report on Monday, December 1st. Oppenheimer decreased their target price on Home Depot from $420.00 to $405.00 and set a "market perform" rating for the company in a research report on Friday, December 5th. Piper Sandler lowered their target price on Home Depot from $441.00 to $422.00 and set an "overweight" rating for the company in a report on Monday, February 23rd. Finally, UBS Group raised their price target on Home Depot from $430.00 to $450.00 and gave the company a "buy" rating in a research note on Wednesday, February 25th. Twenty investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $416.00.

Home Depot Trading Down 1.3%

Shares of NYSE:HD opened at $353.35 on Tuesday. The company has a market capitalization of $351.76 billion, a PE ratio of 24.83, a P/E/G ratio of 12.86 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 12-month low of $326.31 and a 12-month high of $426.75. The business's fifty day simple moving average is $373.70 and its 200-day simple moving average is $378.14.

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 for the quarter, topping analysts' consensus estimates of $2.52 by $0.20. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.The firm had revenue of $38.20 billion during the quarter, compared to analysts' expectations of $38.01 billion. During the same period in the prior year, the business posted $3.13 EPS. The firm's quarterly 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. As a group, equities research analysts predict that The Home Depot, Inc. will post 15.13 earnings per share for the current fiscal year.

Home Depot Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th will be given a dividend of $2.33 per share. The ex-dividend date of this dividend is 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 dividend yield of 2.6%. Home Depot's payout ratio is currently 64.65%.

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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