Factory Mutual Insurance Co. Acquires 11,700 Shares of The Home Depot, Inc. $HD

Key Points

• Factory Mutual Insurance Co. increased its stake in The Home Depot by 9.5% in Q4, buying 11,700 shares to hold 135,100 shares valued at about $46.49 million.
• Home Depot beat quarterly expectations with $2.72 EPS (vs. $2.52 est.) and $38.20 billion revenue (vs. $38.01 billion est.), though revenue was down 3.8% year-over-year; management set FY2026 EPS guidance of 14.230–14.799 while analysts expect about 15.13 EPS.
• The company raised its quarterly dividend to $2.33 (annualized $9.32, ~2.8% yield), institutional investors own roughly 70.86% of shares, and analysts' consensus is a "Moderate Buy" with an average target of $414.17.

Factory Mutual Insurance Co. raised its holdings in shares of The Home Depot, Inc. (NYSE:HD - Free Report) by 9.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 135,100 shares of the home improvement retailer's stock after acquiring an additional 11,700 shares during the quarter. Factory Mutual Insurance Co.'s holdings in Home Depot were worth $46,488,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Howard Capital Management Inc. grew its stake in shares of Home Depot by 0.5% during the 4th quarter. Howard Capital Management Inc. now owns 7,702 shares of the home improvement retailer's stock worth $2,650,000 after acquiring an additional 40 shares in the last quarter. Eagle Strategies LLC grew its stake in shares of Home Depot by 8.5% during the 4th quarter. Eagle Strategies LLC now owns 676 shares of the home improvement retailer's stock worth $232,000 after acquiring an additional 53 shares in the last quarter. Clarity Wealth Advisors LLC grew its stake in shares of Home Depot by 14.7% during the 4th quarter. Clarity Wealth Advisors LLC now owns 1,290 shares of the home improvement retailer's stock worth $444,000 after acquiring an additional 165 shares in the last quarter. Carnegie Investment Counsel grew its stake in shares of Home Depot by 24.8% during the 4th quarter. Carnegie Investment Counsel now owns 108,306 shares of the home improvement retailer's stock worth $37,268,000 after acquiring an additional 21,545 shares in the last quarter. Finally, Telos Capital Management Inc. grew its holdings in shares of Home Depot by 3.8% in the 4th quarter. Telos Capital Management Inc. now owns 61,714 shares of the home improvement retailer's stock valued at $21,236,000 after acquiring an additional 2,268 shares in the last quarter. 70.86% of the stock is owned by institutional investors.

Home Depot Price Performance

NYSE:HD opened at $337.13 on Friday. The Home Depot, Inc. has a 1-year low of $315.31 and a 1-year high of $426.75. 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 stock has a market capitalization of $335.79 billion, a PE ratio of 23.69, a P/E/G ratio of 3.69 and a beta of 1.09. The firm has a fifty day simple moving average of $356.43 and a 200 day simple moving average of $364.72.

Home Depot (NYSE:HD - Get Free Report) last posted 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. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.The business had revenue of $38.20 billion during the quarter, compared to analysts' expectations of $38.01 billion. During the same quarter last year, the company posted $3.13 earnings per share. Home Depot'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. On average, research analysts expect that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.

Home Depot Increases Dividend

The firm also recently declared 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. The ex-dividend date was Thursday, March 12th. This is an increase from Home Depot's previous quarterly dividend of $2.30. This represents a $9.32 dividend on an annualized basis and a yield of 2.8%. Home Depot's dividend payout ratio is 65.50%.

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?

Insider Buying and Selling

In related news, CFO Richard V. Mcphail sold 2,550 shares of Home Depot stock in a transaction dated 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 owned 44,566 shares in the company, valued at approximately $16,439,951.74. This trade represents a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.10% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. UBS Group restated an "outperform" rating on shares of Home Depot in a report on Tuesday, March 24th. KeyCorp restated a "sector weight" rating on shares of Home Depot in a report on Wednesday, February 25th. Jefferies Financial Group raised their price objective on Home Depot from $424.00 to $454.00 and gave the company a "buy" rating in a report on Tuesday, February 24th. Morgan Stanley raised their price objective on Home Depot from $412.00 to $420.00 and gave the company an "overweight" rating in a report on Wednesday, February 25th. Finally, Zacks Research upgraded Home Depot from a "strong sell" rating to a "hold" rating in a report on Monday, February 9th. Twenty 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 company has an average rating of "Moderate Buy" and a consensus target price 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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