Davis Rea LTD. Has $7.83 Million Stock Position in The Home Depot, Inc. $HD

Key Points

• Davis Rea LTD. increased its stake in The Home Depot by 107.5% in Q4 to 22,763 shares worth $7.833 million, representing about 2.0% of the firm's holdings and the stock's 15th-largest position.
• Analyst consensus is a Moderate Buy with an average price target of $414.17 (20 Buys, 12 Holds, 1 Sell), though recent notes include both target increases and modest cuts from major firms.
• Home Depot beat quarterly estimates (EPS $2.72 vs. $2.52; revenue $38.20B), set FY2026 guidance of 14.230–14.799 EPS and raised the quarterly dividend to $2.33 (2.8% yield), but faces headwinds including an internal fraud loss of about $4M and notable insider selling (~$30M over the past year).

Davis Rea LTD. increased its holdings in shares of The Home Depot, Inc. (NYSE:HD - Free Report) by 107.5% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 22,763 shares of the home improvement retailer's stock after purchasing an additional 11,795 shares during the period. Home Depot accounts for approximately 2.0% of Davis Rea LTD.'s holdings, making the stock its 15th largest position. Davis Rea LTD.'s holdings in Home Depot were worth $7,833,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Parvin Asset Management LLC boosted its position in Home Depot by 110.0% during the third quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer's stock worth $26,000 after purchasing an additional 33 shares during the period. Financially Speaking Inc bought a new position in shares of Home Depot in the third quarter valued at about $31,000. Key Capital Management INC bought a new position in shares of Home Depot in the fourth quarter valued at about $28,000. Imprint Wealth LLC bought a new stake in shares of Home Depot during the 3rd quarter worth about $34,000. Finally, AXS Investments LLC bought a new stake in shares of Home Depot during the 3rd quarter worth about $38,000. Institutional investors and hedge funds own 70.86% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. The Goldman Sachs Group lowered their price target on shares of Home Depot from $413.00 to $409.00 in a report on Wednesday, February 25th. UBS Group reaffirmed an "outperform" rating on shares of Home Depot in a research report on Tuesday, March 24th. Guggenheim increased their target price on Home Depot from $400.00 to $425.00 and gave the stock a "buy" rating in a research note on Wednesday, February 25th. Royal Bank Of Canada lifted their price target on Home Depot from $363.00 to $377.00 and gave the stock a "sector perform" rating in a report on Wednesday, February 25th. Finally, Piper Sandler reduced their price target on Home Depot from $441.00 to $422.00 and set an "overweight" rating for the company in a research note on Monday, February 23rd. Twenty investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Home Depot presently has an average rating of "Moderate Buy" and an average target price of $414.17.

Key Headlines Impacting Home Depot

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

Insider Buying and Selling at Home Depot

In other news, CFO Richard V. Mcphail sold 2,550 shares of the company's 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 sale, the chief financial officer directly owned 44,566 shares in the company, valued at approximately $16,439,951.74. This represents a 5.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.08% of the company's stock.

Home Depot Stock Performance

Shares of NYSE:HD opened at $335.88 on Friday. The company's 50 day moving average price is $347.71 and its two-hundred day moving average price is $360.82. The Home Depot, Inc. has a 12-month low of $315.31 and a 12-month high of $426.75. The firm has a market cap of $334.55 billion, a PE ratio of 23.60, a PEG ratio of 3.72 and a beta of 1.09. The company has a quick ratio of 0.26, a current ratio of 1.06 and a debt-to-equity ratio of 3.62.

Home Depot (NYSE:HD - Get Free Report) last announced its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 EPS for the quarter, topping the consensus estimate 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 net margin of 8.60% and a return on equity of 134.32%. The business's revenue for the quarter was down 3.8% on a year-over-year basis. During the same period last year, the firm earned $3.13 earnings per share. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. Equities research analysts predict that The Home Depot, Inc. will post 15.03 earnings per share for the current year.

Home Depot Increases Dividend

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