Choreo LLC Sells 7,549 Shares of The Home Depot, Inc. $HD

Key Points

• Choreo LLC cut its stake in The Home Depot by 8.9%, selling 7,549 shares and leaving 76,976 shares valued at about $26.66 million per its latest SEC filing.
• Home Depot topped quarterly expectations with $2.72 EPS (vs. $2.52 est.) and set FY2026 guidance of 14.23–14.80 EPS, while analysts hold a consensus "Moderate Buy" and a $414.17 price target.
• The company raised its quarterly dividend to $2.33 ($9.32 annualized), yielding roughly 2.8% with a payout ratio of 65.5%.

Choreo LLC cut its holdings in The Home Depot, Inc. (NYSE:HD - Free Report) by 8.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 76,976 shares of the home improvement retailer's stock after selling 7,549 shares during the period. Choreo LLC's holdings in Home Depot were worth $26,661,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Parvin Asset Management LLC boosted its holdings in Home Depot by 110.0% in the 3rd quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer's stock worth $26,000 after buying an additional 33 shares during the period. Financially Speaking Inc bought a new position in Home Depot in the 3rd quarter worth approximately $31,000. Imprint Wealth LLC bought a new position in Home Depot in the 3rd quarter worth approximately $34,000. Disciplined Equity Management Inc. bought a new stake in Home Depot during the 4th quarter worth approximately $34,000. Finally, Dougherty Wealth Advisers LLC bought a new stake in Home Depot during the 3rd quarter worth approximately $38,000. 70.86% of the stock is owned by institutional investors.

Key Stories Impacting Home Depot

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

• Positive Sentiment: Erste Group raised its FY2028 EPS estimate for Home Depot, which supports upward earnings revisions and could be a catalyst for the stock if other brokers follow suit. Home Depot FY2028 EPS Estimate Increased by Erste Group Bank
• Positive Sentiment: Brokerage coverage remains favorable overall — Home Depot recently received a consensus “Moderate Buy” from analysts, which can support demand from institutional investors. The Home Depot Receives Consensus Recommendation of "Moderate Buy"
• Positive Sentiment: Recent pieces highlighting Wall Street analyst optimism argue that buy-side sentiment and average brokerage recommendations remain constructive for HD, providing a counterweight to headline risk. Is Home Depot (HD) a Buy as Wall Street Analysts Look Optimistic?
• Neutral Sentiment: Home Depot presented at the J.P. Morgan Retail Round Up — investor presentations can clarify strategy and guide expectations but typically have a gradual impact. HD Presents at J.P. Morgan Retail Round Up Forum 2026 Transcript
• Neutral Sentiment: Several outlets are debating whether the shares still offer value after recent strength; this keeps valuation front-and-center for investors deciding to add or trim exposure. Is It Too Late To Consider Home Depot (HD)?
• Negative Sentiment: CNBC host Jim Cramer called Home Depot one of his “two worst stocks,” a high-visibility negative comment that can sway retail sentiment and increase short-term selling pressure. Jim Cramer Says Home Depot Is One of His Two Worst Stocks
• Negative Sentiment: Coverage questioning why HD shares have fallen and whether the pullback is a buying opportunity highlights near-term downside concerns around same-store sales trends and consumer remodeling demand. Why Is Home Depot Stock Falling, and is it a Buying Opportunity?

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Gordon Haskett upped their target price on shares of Home Depot from $330.00 to $370.00 and gave the stock a "hold" rating in a report on Wednesday, February 11th. The Goldman Sachs Group decreased their target price on shares of Home Depot from $413.00 to $409.00 in a report on Wednesday, February 25th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Home Depot in a report on Friday, March 27th. Royal Bank Of Canada upped their target price on shares of Home Depot from $363.00 to $377.00 and gave the stock a "sector perform" rating in a report on Wednesday, February 25th. Finally, Citigroup upped their target price on shares of Home Depot from $407.00 to $450.00 and gave the stock a "buy" rating in a report on Thursday, February 12th. Twenty analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $414.17.

Insider Activity at Home Depot

In other news, CFO Richard V. Mcphail sold 2,550 shares of the 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 of the company's stock, valued at $16,439,951.74. This represents a 5.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.10% of the stock is owned by insiders.

Home Depot Price Performance

Shares of NYSE:HD opened at $337.13 on Monday. The company's fifty day moving average price is $356.43 and its 200-day moving average price is $364.40. The firm has a market capitalization of $335.79 billion, a price-to-earnings ratio of 23.69, a PEG ratio of 3.69 and a beta of 1.09. The Home Depot, Inc. has a one year low of $315.31 and a one year high of $426.75. The company has a debt-to-equity ratio of 3.62, a current ratio of 1.06 and a quick ratio of 0.26.

Home Depot (NYSE:HD - Get Free Report) last issued its quarterly earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, topping analysts' consensus estimates 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%. The business's revenue for the quarter was down 3.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.13 EPS. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. On average, equities research analysts anticipate that The Home Depot, Inc. will post 15.13 earnings per share for the current fiscal year.

Home Depot Increases Dividend

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

Home Depot 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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